JJG’s Outline of Bitcoin Investment Ideas

[LuckyCrypto777]

I know that waiting for the perfect financial position can become an excuse for never starting. However, I think the balance matters is to build financial security and invest within your actual surplus at the same time, rather than sacrificing one for the other.Even a small, consistent allocation toward Bitcoin can build the habit while an emergency reserve grows alongside it. The goal isn't to invest as quickly as possible; it's to create a plan you can sustain without being forced to sell when an unexpected expensearrives. Consistency matters, but consistency without financial stability can be come a liability.

I'd like to point out that this won't just become a burden; it will completely hinder the investor's ability to accumulate further savings. Therefore, it's important to try to plan your financial gains and losses in advance. This knowledge allows you to understand how much money you'll have set aside for investing in Bitcoin.
I understand that the horizon for such a calculation is not very long-term, as we all have force majeure situations in life, but in my experience, this has been extremely rare. Literally once every five years, and I didn't touch my Bitcoin savings. I managed to limit my needs so much that my investment journey continued successfully.

[IceLincoln]

~snip~
  

Emulating big investors may not go down well with some other investors since they have different motives, income variations and sometimes also different priorities to there investment. So I think it's totally wrong to do so.

So, everyone to his own ability and financial strength and practice. I believe one the major thing with the big investors is that, since they have the money flexibility, they tend to carryout some buying patterns or sometimes proclaim things that may not be suitable for a low income earner and investor, and at this point, if such a a low income earner tries to emulate them, then they are sure to face big problems with there subsequently.

I think the major thing here is buying, been able to figure out your discretionary and keep accumulating Bitcoin as much as you can, while ensuring a better allocation and income management practice. Though there could be sometimes that low income earners and investors can learn a thing or two from there investment pattern, but heavily emulating them might give you future problems.

Investment should always be done based in your own cahsflow instead of one imitating someone else... As investors it is very necessary to do a proper analysis of your finances to help determine the amount that is comfortable for you to commit into Bitcoin for a long term duration...It's somewhat difficult for two individuals to have the same financial strength and this is why it is so improper to try to imitate someone else's pattern.   In the case of the Whales, their own pattern of investment is on a whole different level due to the large amount of discretionary income at their disposal...If a pleb tries to invest using that same pattern, he/she am could end up in problem because such a strategy may involve the pleb dipping into the money which isn't meant for their investments...

Every investor should be wise enough to know what works for them, copying the style or pattern of someone else can easily lead to financial strains, failures or losses.
Imagine following or copying an investor who invests $500 weekly out of his discretionary and you a person has $500 as income. Because you want to be like him, you may be forced to invest beyond your means in order to meet up.
Bitcoin is designed to accommodate everyone according to their financial strengths, so you don’t have to follow what Mr A does or how much he invests… invest according to and within your means there’s no harm in that.
Consistency and sustainability matters more than trying to keep up with someone else.

[cocadalcan]

That true, this because  if people are going to wait until they have fully gather their emergency funds first before now decide on buying Bitcoin, they might end up not starting. Most especially this days how inflation eats up fiat money.
For a normal earner the most practical thing to do is for you to just build up the both at the same time. Juat a strategy of dividing what soever extra money you have each month. Some of the part into Bitcoin while the other for emergency backup funds.

With this strategy you are already protecting urself from unexpected expense today while on the other hand still securing your Bitcoin for long term wealth. It will be a waste of valuable time if deciding on to be perfect before starting the other.

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.

I know that waiting for the perfect financial position can become an excuse for never starting. However, I think the balance matters is to build financial security and invest within your actual surplus at the same time, rather than sacrificing one for the other.Even a small, consistent allocation toward Bitcoin can build the habit while an emergency reserve grows alongside it. The goal isn't to invest as quickly as possible; it's to create a plan you can sustain without being forced to sell when an unexpected expense arrives.Consistency matters, but consistency without financial stability can become a liability.

Instead of thinking of consistency as a big issue, consider increasing your financial strength and being regular more important. Some people may be afraid of investing in Bitcoin, thinking that consistency is mandatory. Sometimes not saving Bitcoin for a week or a month due to financial crisis is not a mistake or failure. The mistake is for those who want to get quick profits and only want to make profits without being prudent in fund management. You need to find a simple method for yourself to reach your goal by applying investment strategies maturely. The DCA method may be the best for you.

It will be easier to build a Bitcoin portfolio if you are aware of the fact that financial security is important for long-term Bitcoin and holding security. A stable income is needed to create a perfect financial position, but you will need discretionary income/available fund to start Bitcoin. Rather than using stability as an excuse, many new investors accumulate Bitcoin with their excess funds, later increasing their Bitcoin holdings as they develop a stable source of income.

[BluebloodCXVI]

[edited out]

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?

If you measure what the dip buying guy is doing as compared with a guy who is not structuring his bitcoin buying in ways that emphasize buying dips, does the dip buying guy come out in a better position as compared with the non-dip buying guy, or are you just making shit up and assuming dip buying to be better because it makes the dip buying guy (and you) to feel more better?

I'm not writing to feel good or make anyone feel good but I'm just trying to see things from a totally different perspective and I don't know if you got my message properly as I checked and there were some typos which is my bad but in this stance I'm not trying to compare the DCA technique with buying the dip but rather what I'm saying is that, one can simply practice the both techniques and what i mean is that, we can still be stacking up using the DCA while still having their emergency funds kept aside and when an opportunity of dip arises, the emergency funds can be pushed into buying the coin at a more cheaper price and getting more bitcoin for a lesser price.

Don't know if I explained this well but I hope I did and in summary, I'm just trying to picture the possibility of incorporating the DCA technique with buying dip technique to achieve much more profitable results.
 

You had the opportunity to correct yourself @Agathamay, but you still went ahead to double down on your misleading statement.
Because tell me why you think it’s a good idea to use emergency funds to buy a dip? i mean, doesn’t that defeats the whole purpose of having emergency funds in the first place?… at this point, i don’t know any other way to classify such an act other than poor risk management.

Nobody is saying you cannot combine DCA + Dip buying when the coast is clear; if that’s what you want, it’s fine, knock yourself out but if i were you, i’d rather treat the dip buying money as a separate investment reserve and leave my emergency funds untouched so it can serve the purpose of why it was created in the first place, any smart person knows that’s a more reasonable alternative than what you suggested.

[Showlove01]

I'd like to point out that this won't just become a burden; it will completely hinder the investor's ability to accumulate further savings. Therefore, it's important to try to plan your financial gains and losses in advance. This knowledge allows you to understand how much money you'll have set aside for investing in Bitcoin.

There is actually no need for an investor to be planning financial gain and losses I mean what for? The people that should be talking about or planning financial gain and losses are traders and not investors perhaps you are mistaken traders to investors. The goal of every investor is to get to overaccumulation stage and they can achieve this through consistent accumulating of Bitcoin in their portfolio using their discretionary income because if peradventure they used money outside their discretionary income they have jeopardize their investment.

[Rhow]

I'd like to point out that this won't just become a burden; it will completely hinder the investor's ability to accumulate further savings. Therefore, it's important to try to plan your financial gains and losses in advance. This knowledge allows you to understand how much money you'll have set aside for investing in Bitcoin.

There is actually no need for an investor to be planning financial gain and losses I mean what for? The people that should be talking about or planning financial gain and losses are traders and not investors perhaps you are mistaken traders to investors. The goal of every investor is to get to overaccumulation stage and they can achieve this through consistent accumulating of Bitcoin in their portfolio using their discretionary income because if peradventure they used money outside their discretionary income they have jeopardize their investment.

An investor does not need a plan the way a trader calculates entry, exit, profit target or short-term loss. But the plan that investors need is income, expenses, emergency fund, discretionary income and how long they can hold on to it. The reason is that when an investor does not understand his cash flow, he can easily use the necessary money to buy Bitcoin that he will need in a few weeks or months. Later, if the market goes down or if there are sudden family expenses, he may be forced to sell Bitcoin. Then the problem is not with Bitcoin, but with his poor planning.

That is why I would say that if someone means daily price movement or short-term profit or loss by planning, then it is definitely a trader's mentality. But if someone means emergency fund, discretionary income, how much he can invest, how to hold it in the long term in his plan, then it can be important for the investor.

[abaeze]

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.

For a no coiner and a low coiner, making preparations for the dip while you show less commitment to your regular buys is discouraged since you've no descent stash and should be more focused on ongoing buying and holding Bitcoin to get ahead in your investment journey, again people who are still much early in their accumulation journey tend to be distracted easily when they try to play around the price instead of committing to consistently enlarging their portfolio. It may see them veer off in the trading direction as gambling on the price can be addicting and they miss out on having a good Bitcoin portfolio.

If peradventure the investor has already accumulated a large stash of Bitcoin and is much closer to his accumulation target, such an investor can choose to only buy dips and continue holding while he keeps edging closer to his accumulation target.

There is no need to wait for the dip-buying if you already continue doing DCA, but if you have extra money and there is an opportunity with capability  then it is not a bad decision to take advantage of the opportunity. If someone closes the DCA to buy dips with cash in hand, then both time and opportunity are wasted or opportunity is missed, which is a wrong investment plan. However, if it is done without closing the original DCA and with additional money and can be done within affordability then it can be done.

[Rockson1]

If peradventure the investor has already accumulated a large stash of Bitcoin and is much closer to his accumulation target, such an investor can choose to only buy dips and continue holding while he keeps edging closer to his accumulation target.

I don't think an investor has any reason to at some point stop using the DCA strategy and start buying the dips,  whether you're close to your target or not, consistency remains your priority, you can be aggressive sometimes as you journey through your Bitcoin investment,I do not buy the idea of missing any market opportunity, unless I do not get what you said right, we know how effective the DCA strategy has been, if we must combine strategy, we can buy in lump sum if the money for that is present, as we know, the DCA strategy can be used in buying all the time as well as the dip.

[Gost ms]

If peradventure the investor has already accumulated a large stash of Bitcoin and is much closer to his accumulation target, such an investor can choose to only buy dips and continue holding while he keeps edging closer to his accumulation target.

Until a person reaches his portfolio goal, it is best for him to continue buying. Waiting is not a good idea, whether it is near or in the middle of building a portfolio. Waiting can take a person away from his portfolio goal and can stop his portfolio journey midway. You cannot tell whether the decline you are waiting for will ever happen, it is just a waste of time in the unknown future, and it does not give good results.

A person who has reached his portfolio goal can buy during the decline in the market if he wants. If he sees a big decline in the market and he has the money to buy aggressively during this decline, then he can buy, but if he is in the middle of the ongoing process of building a portfolio, then this will not be the right decision for him.

[Finebone]

Therefore, it's important to try to plan your financial gains and losses in advance. This knowledge allows you to understand how much money you'll have set aside for investing in Bitcoin.

Planning gains and losses are for traders that are trying to make some profit in the market, not a Bitcoin investors that is only thinking or interested in how to hold very strong in the future.

 Planning your gains and potential losses will not help you to figure out your discretionary income you will use to invest as you think, but rather it's an act of trading, by doing  series of analysis on how to enter and exit a trade, so your statement here that it's allow you to understand how much money you will have aside for investing, shows that you are totally ignorant on how to figure out your discretionary income.

By the only way, the only way you can figure out your discretionary income is by first taking care of your basic needs, then anything that is left is your discretionary income, and that is what you can invest with.

[Brizi5000]

I know that waiting for the perfect financial position can become an excuse for never starting. However, I think the balance matters is to build financial security and invest within your actual surplus at the same time, rather than sacrificing one for the other.Even a small, consistent allocation toward Bitcoin can build the habit while an emergency reserve grows alongside it. The goal isn't to invest as quickly as possible; it's to create a plan you can sustain without being forced to sell when an unexpected expensearrives. Consistency matters, but consistency without financial stability can be come a liability.

I'd like to point out that this won't just become a burden; it will completely hinder the investor's ability to accumulate further savings. Therefore, it's important to try to plan your financial gains and losses in advance. This knowledge allows you to understand how much money you'll have set aside for investing in Bitcoin.
I understand that the horizon for such a calculation is not very long-term, as we all have force majeure situations in life, but in my experience, this has been extremely rare. Literally once every five years, and I didn't touch my Bitcoin savings. I managed to limit my needs so much that my investment journey continued successfully.

How can a long term investor plan his financial gains and loses in advance when he hasn’t even started or accumulated any bitcoin and hold. That idea look more of a trader’s mindset who is in for a quick gain. You don’t set aside money for bitcoin investment rather you’ll figure it out only when you finished sorting out your basic needs which means that the money left with you after sorting out your basic needs is the cash you’re going to use for investing in bitcoin and this cash is called a discretionary income. It’s going  be difficult to determine the exact amount to be set aside for buying bitcoin when you’re yet to sort out your basic necessities because you don’t know how much it might take to sort them out yet because of some issues caused by economic instability where by the cost of goods and other essentials are not that stable, it could be higher or lower than you might have thought.

If you receive your income as a long term bitcoin investor you’ll first have to sort out your basic needs and the money remaining should be considered your discretionary income where you can now chose how much of it you can allocate to buy and invest in bitcoin and also into other of your reserve funds/emergency funds.

[Son Of Blockchain (SOB)]

How can a long term investor plan his financial gains and loses in advance when he hasn’t even started or accumulated any bitcoin and hold. That idea look more of a trader’s mindset who is in for a quick gain.

When starting an investment journey an investor is not even supposed to worry about gains nor lose because the focus should be on building a successful investment in future moreover lose shouldn't bother an investor cause it's in Bitcoin’s nature to rise and fall then recover again which is why profits shouldn't bother an investor at the early stages of the investment.
 Many investors fail to focus on accumulation and using strategies that would make the investment successful in future but focus on profits which is why some end up being unsuccessful.

[ASloveapg]

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.

For a no coiner and a low coiner, making preparations for the dip while you show less commitment to your regular buys is discouraged since you've no descent stash and should be more focused on ongoing buying and holding Bitcoin to get ahead in your investment journey, again people who are still much early in their accumulation journey tend to be distracted easily when they try to play around the price instead of committing to consistently enlarging their portfolio. It may see them veer off in the trading direction as gambling on the price can be addicting and they miss out on having a good Bitcoin portfolio.

If peradventure the investor has already accumulated a large stash of Bitcoin and is much closer to his accumulation target, such an investor can choose to only buy dips and continue holding while he keeps edging closer to his accumulation target.

There is no need to wait for the dip-buying if you already continue doing DCA, but if you have extra money and there is an opportunity with capability  then it is not a bad decision to take advantage of the opportunity. If someone closes the DCA to buy dips with cash in hand, then both time and opportunity are wasted or opportunity is missed, which is a wrong investment plan. However, if it is done without closing the original DCA and with additional money and can be done within affordability then it can be done.

Yes, basically, the DCA method should be used to buy continuously, and then if there is additional financial benefit, we can take advantage of the market ups and downs and buy Bitcoin at a lower price by using that opportunity. But if someone only adopts the strategy of buying Bitcoin at a lower price as the main strategy of his portfolio, then he will definitely face a lot of problems and stress, because the market will not move as expected, due to which he may face many unexpected situations and thus he will never be able to survive in the long run. The DCA strategy is the main investment strategy, through this strategy you have to buy Bitcoin continuously, it will not allow any negative impact of market volatility on your investment, but rather it will build your portfolio continuously, and in addition to this, we can take advantage of the additional financial benefit and buy more Bitcoin by taking advantage of the price drop, but it is mandatory to ensure consistency first.

[Rabata]

I think that discretionary income is the key factor, but I will add that a lower bit price does not mean that investors are more able to take risks. A 20% drop could seem like a good deal but if a person takes up a year of future savings to purchase that 20%, they've actually lost flexibility. I believe the best way is to determine how much you want to spend ahead of time. Then make your purchases at the right speed. This will enable a dip to affect the speed at which you deploy your allocation without altering the overall financial constraints that you already have.

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.

Just because you have discretionary income doesn't make it a good decision to buy more Bitcoin than before when the price is falling. How much an investor buys should depend on their cash flow, savings, backup funds, and overall financial situation. Being aggressive just because the "price has fallen" is actually an attempt to predict the next direction of the market. And "money is discretionary income, so aggressive but risk is acceptable" - this also seems a bit oversimplified to me. Discretionary income does not mean that you have to spend all of it on Bitcoin. With that money, a person can invest, save, and also meet other discretionary expenses. So the limit of being aggressive will be determined by their own financial situation, not just the fact that the price has fallen.

Let's say someone can buy Bitcoin for $100 every week. If they hold back half of their money just waiting for a big dip, then there is no guarantee that that dip will come at all. In other words, "being ready for the dip" often becomes an attempt to guess the next price of the market. For a new or still-building Bitcoin stack, this waiting can weaken their regular accumulation. So it is more important to build a stack consistently than to stop buying regularly in the early accumulation phase and wait for the dip. Some additional discretionary income can be used when the dip comes, but it is not right to make dip buying the main strategy.

Some people think that because they have discretionary income, they should buy more than before when the price drops. In fact, there is no such rule. First, it is necessary to consider whether that discretionary income can really be invested or if there are future expenses, urgent needs, or family responsibilities. Of course, there are some people who, when they see a price drop, think that if they cannot buy more now, the opportunity will be gone. Such thoughts often take them beyond their own limits. Later, when the market goes down further or they suddenly need money, they are forced to sell. Then, instead of having the advantage of buying during a price drop, that becomes a source of stress.

In my opinion, it is more important to think about how to survive in the long term than to catch the price when it comes to Bitcoin savings. Because it is clear that the market will not always give us an advantage. But if someone can save slowly according to their ability and can sustain their plan in the long term, that can eventually put them in a good position.

[Gravitypull$]

Therefore, it's important to try to plan your financial gains and losses in advance. This knowledge allows you to understand how much money you'll have set aside for investing in Bitcoin.

Is this possible, because you sound as if you know what bitcoin price will be tomorrow when from my little understanding about bitcoin, no one can predict the price of bitcoin. So how do you intend to know your losses and gains in advance when you haven't bought any. All these are irrelevant and has nothing to do as a brand newbie that wants to start his bitcoin journey.

What you need is just your discretionary income and the exchange to buy your first bitcoin from in order for you to get started. However, as a long term investor, if you don't sell your bitcoin when the price is below your entry point, you are not at loss which is the reason why you shouldn't sell until, you have reached your over accumulation stage.

Profit shouldn't be what's in your mind in the beginning of your bitcoin investment so that, it doesn't mislead you to think you have made good profit from your bitcoin stash and start selling too many bitcoin too soon. You should only focus on buying bitcoin frequently when your discretionary income is available overtime.

[Obulis]

You are wrong in your proclamation that guys need to prepare to buy the dip.

So get the fuck out of here with such nonsense attempts to characterize dip buying as superior, when it is not.

It tends to be much better for guys to be buying consistently, persistently, ongoingly, regularly and perhaps even aggressively, than waiting around for dips that may or may not end up happening, especially guys who might not have a lot of money and especially guys who might rarely get opportunties to lump sum buy bitcoin.

Buying the dip could supplement (or hedge) lump sum buying and even supplement when a lot of money had already been put into bitcoin at a certain price.. but those kinds of things are not normal and regular for an overwhelming majority of normal and regular people who would be way the fuck better off to work on buying bitcoin regularly and also perhaps strengthening their cashflow to figure out how much bitcoin that they can regularly buy on a weekly-ish basis rather than getting caught up on trying to figure out whether dips are going to come or not.. probably especially their first 1-2 cycles in bitcoin, which is 4-8 years.

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.

Preference doesn't necessarily tell about the best strategy for anyone because that you chose to travel through the ocean to a country doesn't make it the best and here we are talking about the best strategy on a general ground not personal preference that can be rolling in ignorance. Some people's preference is just because of who guided them. For example, there is possibility of someone who have been trading but now decide to hold to continue with buy the dip strategy and that doesn't make it the best strategy.

[Alonso_]

I know that waiting for the perfect financial position can become an excuse for never starting. However, I think the balance matters is to build financial security and invest within your actual surplus at the same time, rather than sacrificing one for the other.Even a small, consistent allocation toward Bitcoin can build the habit while an emergency reserve grows alongside it. The goal isn't to invest as quickly as possible; it's to create a plan you can sustain without being forced to sell when an unexpected expensearrives. Consistency matters, but consistency without financial stability can be come a liability.

Getting started with investing in Bitcoin, I must tell you that you don’t require financial stability to get started with our investment in Bitcoin, however you need a discretionary income to get started, you don’t have to be financially stable to get started, well for you to stay consistent with buying bitcoin you need to keep having a discretionary income else you’ll end up having a setback with your bitcoin investment.

However what you can do as an investor is that immediately you have started with your bitcoin investments, you can also work on your cashflow to increase your accumulation chances, which can help in giving you confidence with your buying and accumulation of bitcoin, when you have different cashflow it gives financial stability and confidence to invest more, which will definitely help you stay consistent for a very long term.

[ejikeme24]

Some people think that because they have discretionary income, they should buy more than before when the price drops. In fact, there is no such rule.

It seems that you're not following up in the discussion, even if there's no such rule that says guys should buy more when there's dip or when the market drops. You as an investor or someone who have a plan of growing your Bitcoin portfolio to a bigger level you don't need to wait for someone to tell you that you should buy more when the market present a good buying opportunity, you should figure it out by yourself unless you still want to be lazy with your investment. So this is not something you should be talking about. Infact I'm proclaiming that guys should buy more when there's a market drop that's if they have enough discretionary income to do so.

First, it is necessary to consider whether that discretionary income can really be invested or if there are future expenses, urgent needs, or family responsibilities. Of course, there are some people who, when they see a price drop, think that if they cannot buy more now, the opportunity will be gone. Such thoughts often take them beyond their own limits. Later, when the market goes down further or they suddenly need money, they are forced to sell. Then, instead of having the advantage of buying during a price drop, that becomes a source of stress.

Did you even read through the previous post from experienced investors here before giving your opinion or you just write whatever your instincts tells you to write? Because if you went through the previous post you would see where we talked about splitting our discretionary income into 3 parts such as ;  emergency funds, Bitcoin investment, and discretionary spending. the reason why we are advised to create emergency funds is for this urgent needs you made mentioned of, Maybe you should go through the previous posts once more.

[Sobz]

If peradventure the investor has already accumulated a large stash of Bitcoin and is much closer to his accumulation target, such an investor can choose to only buy dips and continue holding while he keeps edging closer to his accumulation target.

I dont see any reason why one should to sieze to accumulate bitcoin because they are close to their time of accumulation. Is it that getting close to ones accumulation means quit or goodbye to accumulation of Bitcoin? I think if you one have plans of taking out their bitcoin because enough have been accumulated, DCA strategy of investing can still continue. For the fact that one has been able to accumulate bitcoin successfully is a reason to still continue even if they are close to the time of their accumulation. Investing bitcoin is a continuous process ecen if you have been able to reach your goal of accumulation.

[samadam007]

First, it is necessary to consider whether that discretionary income can really be invested or if there are future expenses, urgent needs, or family responsibilities. Of course, there are some people who, when they see a price drop, think that if they cannot buy more now, the opportunity will be gone. Such thoughts often take them beyond their own limits. Later, when the market goes down further or they suddenly need money, they are forced to sell. Then, instead of having the advantage of buying during a price drop, that becomes a source of stress.

Did you even read through the previous post from experienced investors here before giving your opinion or you just write whatever your instincts tells you to write? Because if you went through the previous post you would see where we talked about splitting our discretionary income into 3 parts such as ;  emergency funds, Bitcoin investment, and discretionary spending. the reason why we are advised to create discretionary spending is due to this urgent nerds you made mentioned of, Maybe you should go through the previous posts once more.

You don’t even know the purpose of discretionary spending because you’re mixing it with emergency fund. The reason for setting aside discretionary spending is to handle personal enjoyments and things you choose to spend on, like hobbies, vacation, shopping etc. Of course you don’t have to deprive yourself from having fun because you’re investing in bitcoin.

Another thing about discretionary spending is that is is flexible, you can decide to reduce how much you putting in it; perhaps in situations where your discretionary income is not much, and you don’t want to reduce the amount for buying bitcoin and building backup funds.