Buy Buy Buy or Sell Sell Sell?

[Finebone]

, they often prefer to time the market and buy during the time they feel its convenient and this also makes them to lose opportunities which they would have utilized to their advantage to grow, buying during the dip isn't the best option and it's best you try out other methods so you can compare the difference and understand how both works and when system should be applied respectively

Timing the market and hoping to buy when it's down seems like a smart decision to most Bitcoin investors, but in reality they are doing themselves bad because they are going to lose a lot of buying opportunities that will be available in the market, because their own version of the dip they crave for may never come.
And it's even more unreasonable if the investor is just starting out his accumulation journey or he is still very far behind in his accumulation.
Though buying the dip is not that a idea if your are already accumulating consistently, where it's wrong is waiting to buy only when it dip, that's when it's wrong, because the dip the investor may be anticipating may never come, and at that point, the investor will not buy more and add to his stash.

[Showlove01]

the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

Whether higher income earners or not it is never right to think about making profit from Bitcoin in short term, it's been said here time without number that Bitcoin is not a get rich quick scheme so why are you trying to bring us back to something that has been forbidden? To be frank it's too early for you to be thinking about short term unless you don't want to enjoy Bitcoin investment to the fullest. Because if you keep going with this mindset I bet you that you will regret ever focusing on the short term profit instead of long term, if you know what is good for you better trash this idea of investment for short term and focus on the future.

Like, Bitcoin has never been about fast money, no matter how much people try to be smart. Anyone coming in with a short term mindset will end up disappointed, and selling at the wrong time..
The real value comes when you are patient. Focusing on the long term is really the only way to enjoy Bitcoin accumulation and investment without regretting it. Short term thinking just kills the whole thing.

I think almost all the people that had the short term mindset and invested with it was left in the dark where they complain, panic and sell premature and regretted bitterly because they lost everything. I want to believe they have learnt their lessons and they would not try it next time but those who doesn't know how it feels to lost money and doesn't have the knowledge will want to have a taste. Real value is expected in the long term but patient only won't help but rather while we are being patient we are also investing.

[Obulis]

Those who are in their twenties or thirties can use Bitcoin to achieve Financial Independence, Retire Early (FIRE). Such people must invest in Bitcoin for ten straight years and that will give them good return to retire early by achieving their financial goals. In my country the retirement age set by government is 60 years and if somebody start investing in Bitcoin for ten or more straight years then he don't need to work till he turn 60 to get pension and other necessary funds. Return will be massive if we invest for 15 straight years and that's why it's important to start investing in Bitcoin in early age.

Invest for 10 to 15 years, you will be able to easily continue your life without any income or retirement money, It is not that easy. Depending on your income, how much money you invest regularly, weekly or monthly, will determine your future. If someone had accumulated $50 in Bitcoin weekly from 10 years before, he would have about 7.5 BTC today. But with the current Bitcoin price and if the price continues to increase in the future with the time as before, it will not be possible to make 1 BTC by investing $50 weekly in 10 years. Although the future will depend on the price of Bitcoin, which is completely unpredictable. That is why it cannot be said with absolute guarantee that early retirement is possible even if you invest for 10 to 15 years. It should be understood that Bitcoin is not a direct retirement plan.

It's true that $50 weekly on Bitcoin for ten years years back is more profitable compared to doing the same $50 weekly now looking at the present price of Bitcoin. But for me, the most important thing is to have Bitcoin investment in the first targeted at decade plus even if it's just $50 weekly with the current price of Bitcoin as much as it's from discretionary funds. That Bitcoin future is not guaranteed does not mean lose or gain, but it means any of the two can happen, that is 50/50 and you would not lose or gain if you don't invest,

[Olatundespo]

the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

Whether higher income earners or not it is never right to think about making profit from Bitcoin in short term, it's been said here time without number that Bitcoin is not a get rich quick scheme so why are you trying to bring us back to something that has been forbidden? To be frank it's too early for you to be thinking about short term unless you don't want to enjoy Bitcoin investment to the fullest. Because if you keep going with this mindset I bet you that you will regret ever focusing on the short term profit instead of long term, if you know what is good for you better trash this idea of investment for short term and focus on the future.

Like, Bitcoin has never been about fast money, no matter how much people try to be smart. Anyone coming in with a short term mindset will end up disappointed, and selling at the wrong time..
The real value comes when you are patient. Focusing on the long term is really the only way to enjoy Bitcoin accumulation and investment without regretting it. Short term thinking just kills the whole thing.

High risks high reward is not compatible with Bitcoin investment, it is not a Ponzi scheme or get rich quick shitcoin scams that hypes about hitting the moon only to die sometime after takeoff. If you want quick profit on Bitcoin investment that means that you'll be ready to risk your funds because you don't know whether price will skyrocket within your short timeframe, it's same with gambling your funds. If you want peace of mind and very low risk Bitcoin investment strategy then choose DCA method, continue to buy and hold for many years of up to 8 to 10 years, price would have gone past many ATH to keep you in sure profit.

Accumulation Bitcoin for 4-10 years will elevate you to a unique investment level to build a satisfactory holding. Not for in terms of getting guaranteed profits but also in terms of observing market conditions and applying knowledge can take you to a convenient level. Some may think that risky investments are a prerequisite for getting high profits. There are many investors in the market who do not want to take risks. Even though it takes a long time to succeed in investing they look for ways to focus on a reliable investment. DCA strategy can meet the expectations of those investors.

[PhilosopherKing]

Though buying the dip is not that a idea if your are already accumulating consistently, where it's wrong is waiting to buy only when it dip, that's when it's wrong, because the dip the investor may be anticipating may never come, and at that point, the investor will not buy more and add to his stash.

Both the ones that wait forever for dip and those that buys the dip right away are still doing the same thing, which is timing the market.  Should you be distinguishing them? Most people cannot handle being emotional when investing in bitcoin, but that is what buying the dip turns you into, it makes you an emotional Investors.

DCA is always the best approach as it solves all those bullshits of market timing. Using DCA you can be more consistent, faced with lesser stress, fewer dumb mistakes and also a much more better chance of not fucking up you portfolio. DCA is the more exceptional approach than buying the dip.

[Cgrexp]

An investor can use any of the strategies to accumulate Bitcoin, all of them are okay provided you are accumulating using your discretionary income, but more emphasis are laid on the DCA strategy since it allows an investor to buy Bitcoin in bits as low as $10 weekly or monthly. Added to this advantage is that fact that one can still have an ongoing DCA buys and still decide to buy the Dip or lumplump sum if he has an extra cash to do that. So DCA is more preferred since it makes investment a but easier and easy going

DCA strategy may be more suitable for people with regular income. And those with irregular income should have a more flexible strategy. DCA is a good method for those who mainly invest regularly or have a long-term investment goal. It provides the convenience of investing in small amounts to continue investing regularly. Also, it does not require regular market monitoring. Therefore, it is best to consider long-term investments based on your financial situation and capabilities.

[Merit.s]

It's true that $50 weekly on Bitcoin for ten years years back is more profitable compared to doing the same $50 weekly now looking at the present price of Bitcoin. But for me, the most important thing is to have Bitcoin investment in the first targeted at decade plus even if it's just $50 weekly with the current price of Bitcoin as much as it's from discretionary funds. That Bitcoin future is not guaranteed does not mean lose or gain, but it means any of the two can happen, that is 50/50 and you would not lose or gain if you don't invest,

It's better to take the risk and invest in bitcoin than not investing at all because not investing at all is the biggest risk anyone that knows about bitcoin will take. Bitcoin investment is a generational wealth, you can pass it on to your heirs when you pass on.

In all form of investments in the world today, bitcoin is best because it gives the highest profits overtime since she's still in her early stage. This is the main reason why one should start his bitcoin investment and accumulate with DCA for a long period of time of 4-10 years and above now that the price is cheap.

[Hewlet]

the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

Whether higher income earners or not it is never right to think about making profit from Bitcoin in short term, it's been said here time without number that Bitcoin is not a get rich quick scheme so why are you trying to bring us back to something that has been forbidden? To be frank it's too early for you to be thinking about short term unless you don't want to enjoy Bitcoin investment to the fullest. Because if you keep going with this mindset I bet you that you will regret ever focusing on the short term profit instead of long term, if you know what is good for you better trash this idea of investment for short term and focus on the future.

Like, Bitcoin has never been about fast money, no matter how much people try to be smart. Anyone coming in with a short term mindset will end up disappointed, and selling at the wrong time..
The real value comes when you are patient. Focusing on the long term is really the only way to enjoy Bitcoin accumulation and investment without regretting it. Short term thinking just kills the whole thing.

I think almost all the people that had the short term mindset and invested with it was left in the dark where they complain, panic and sell premature and regretted bitterly because they lost everything. I want to believe they have learnt their lessons and they would not try it next time but those who doesn't know how it feels to lost money and doesn't have the knowledge will want to have a taste. Real value is expected in the long term but patient only won't help but rather while we are being patient we are also investing.

One good thing any investor can do to himself is to stay invested regardless of the short coming he finds while the market swings here and there. if you are able to stay invested long enough, you will know that being patience a bit longer always result in you winning and not loosing but newbie investor and skeptics that are fearful never get to see the benefit of holding for the long term because of their eagerness to sell too soon.

NO one is shying away from the fact that staying invested for the long term is risky, as much as it is not 100% guarrantte that loss are out, we can not factor out the risk but at the same time, bitcoin has shown over and over again that even when the market gets bearish, that the next direction will eventually lead to a bull. that is the good thing about bitcoin and those that have come to terms with this will never get distracted even in the midst of short term downtime. it is only those that sells too soon that loose out in their investment.

[ChocolateBitcoinK]

the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

Whether higher income earners or not it is never right to think about making profit from Bitcoin in short term, it's been said here time without number that Bitcoin is not a get rich quick scheme so why are you trying to bring us back to something that has been forbidden? To be frank it's too early for you to be thinking about short term unless you don't want to enjoy Bitcoin investment to the fullest. Because if you keep going with this mindset I bet you that you will regret ever focusing on the short term profit instead of long term, if you know what is good for you better trash this idea of investment for short term and focus on the future.

Like, Bitcoin has never been about fast money, no matter how much people try to be smart. Anyone coming in with a short term mindset will end up disappointed, and selling at the wrong time..
The real value comes when you are patient. Focusing on the long term is really the only way to enjoy Bitcoin accumulation and investment without regretting it. Short term thinking just kills the whole thing.

I think almost all the people that had the short term mindset and invested with it was left in the dark where they complain, panic and sell premature and regretted bitterly because they lost everything. I want to believe they have learnt their lessons and they would not try it next time but those who doesn't know how it feels to lost money and doesn't have the knowledge will want to have a taste. Real value is expected in the long term but patient only won't help but rather while we are being patient we are also investing.

It is true that those who enter into investments with a short-term mindset often get caught up in uncertainty and fear, and for this reason can never succeed in the long run. That is why investing with a fearful attitude can only lead to failure.
Those who want to enter the market without sufficient knowledge often repeat the same mistake, only getting scared, where such small fluctuations are the normal character of the market, but they cannot accept this reality, and because of this they are the ones who suffer the most.

To survive in the Bitcoin market, it is necessary to develop a strong mentality to move forward with volatility, because it works in a way that can create a lot of panic in our minds, but those who can keep this panic away, they can survive in the end and achieve the biggest profits in the market.

[Creeper0]

DCA strategy may be more suitable for people with regular income. And those with irregular income should have a more flexible strategy. DCA is a good method for those who mainly invest regularly or have a long-term investment goal. It provides the convenience of investing in small amounts to continue investing regularly. Also, it does not require regular market monitoring. Therefore, it is best to consider long-term investments based on your financial situation and capabilities.

DCA works similarly for people with regular and irregular income or is suitable for both. Those with regular income can do weekly DCA or half-monthly DCA. Those with irregular income can do monthly or quarterly DCA. It completely depends on you and your source of income. In terms of benefits, although there is a difference in the time of purchase, they provide similar benefits. In weekly or half-monthly DCA, you get the opportunity to buy frequently, in monthly or quarterly DCA, the frequency of purchases is slightly less. All other DCAs follow the general rules and provide the same benefits.

[Brizi5000]

~snip~

All the strategies has its pros and cons. Buying the dip isn't a good strategy for beginners that are still starting to invest in bitcoin. The DCA strategy would be more good for them to start with as this will eliminate the stress and pressure of always timing the market and missing out opportunities as a result of waiting for a dip. However, I won't say buying dip isn't good for someone who has been buying bitcoin or who has bought a huge amount of bitcoin either through lump sum buying, they can decide to use buying the dip

Buying the dip and lump sum are different strategies.

They are of course two very different strategies of buying Bitcoin. In short, folks who buy the dip relies on timing the market to take advantage of a temporaryy price drops with the intention of getting Bitcoin at a discounted rate...... While Lump summing do not require timing the market, here investors accepts volatility by putting into Bitcoin a fixed amount of money all at once, not minding short term prices fluctuation....

I disagree with you about the number of strategy we have in Bitcoin accumulation because the last time I checked what we have was 3 methods or strategies of accumulating Bitcoin which are buy the Dip, Dollar Cost averaging ( DCA) and the lump sum ( buying in large quantity) and these strategies are effective in their own way but the reason why DCA is much more visible is because of the fact that even folks without enough funds can still accumulate as long as they can get a discrestionary from the funds but the reason why the buy Dip is not really effective is because an investor will have to wait before accumulating but the good thing is that an investor can stil  be DCAing while they are also make arrangements for Dip when it comes which means they don't have to wait anymore.

@Derekfunds i think you are the one misunderstanding what @Joeboy is trying to say in his statement because Joeboy did not categorically state that there are two number of bitcoin buying strategies because he uses the word "they" and not "there" in the beginning of his sentence. from his statement i think he is only trying to compare the differences between two buying strategies of buying the dip and lump sum strategy which are among the three recognized buying strategies in bitcoin.

[POPOLUV]

DCA is better for everyone, so if poor people are waiting for the dip, they are putting themselves at a disadvantage and they can have fun staying poor if they cannot put themselves in a better mindset to focus on how much they can buy each week based on their budget, not based on whether the BTC price is going up, down or sideways.

After they spent a whole cycle just buying no matter the price, then they can reassess if they need to make any adjustments to what they are doing or just to continue with the same practices.  They likely would have had put themselves in a better situation by focusing on ongoing buying of bitcoin and just making sure that they have various cash back ups so that they do not run out of money to pay for their expenses and/or to cover any cashflow mistakes (or irregularities) that might come up from time to time.  Most people experience cashflow irregularities, and a person who is prepared for such cashflow irregularities is going to make it through such irregularities as compared with someone who is not prepared.  Poor people probably have to take extra efforts to make sure that they prepare themselves for cashflow irregularities as compared with rich folks who might already have cashflow irregularities preparations without even realizing that they have them.

You’re very correct, DCA is always better for everyone who wants to start investing in Bitcoin, be you beginner or old investors you can always keep buying through the DCA, there is no reason whatsoever poor people should be waiting for the dip and keeping money to buy Bitcoin, when there is DCA out there to keep buying little by little, well I will think that most of this poor people who thinks that buying Bitcoin is very difficult and hard doesn’t even know that they can just buy Bitcoin immediately through the DCA with their little discretionary income, I’m also going to think that probably they have that mindset of having quick profit and they will also forget that Bitcoin isn’t a get rich quick scheme or whatever might be going through their head.  

It is better all newbies should know that when it comes to Bitcoin investments it doesn't matter if you are poor or rich but what matter most in Bitcoin investments is your discretionary income  you can invest in Bitcoin with DCA strategy which gives opportunity to both newbies and old investors to be buying gradually by gradually as their discretionary income might be available and without having the thought of having a steady source of income and a newbie should not have the thought of having a steady cash flow before investing in Bitcoin, and i think that most of the poor thinking that Bitcoin is difficult to embark on are those people that refuse to read posts or do some research by themselves before on concluding on what they don't have full knowledge of, so i will advise to all newbies or poor ones that has not started buying and accumulating should start with DCA strategy.

[Cgrexp]

DCA strategy may be more suitable for people with regular income. And those with irregular income should have a more flexible strategy. DCA is a good method for those who mainly invest regularly or have a long-term investment goal. It provides the convenience of investing in small amounts to continue investing regularly. Also, it does not require regular market monitoring. Therefore, it is best to consider long-term investments based on your financial situation and capabilities.

DCA works similarly for people with regular and irregular income or is suitable for both. Those with regular income can do weekly DCA or half-monthly DCA. Those with irregular income can do monthly or quarterly DCA. It completely depends on you and your source of income. In terms of benefits, although there is a difference in the time of purchase, they provide similar benefits. In weekly or half-monthly DCA, you get the opportunity to buy frequently, in monthly or quarterly DCA, the frequency of purchases is slightly less. All other DCAs follow the general rules and provide the same benefits.

I agree with you that people with both regular and irregular income can use DCA. And can choose weekly, monthly or quarterly frequency according to their income.
However, Creeper0, the first line you said makes me think differently where you said, DCA works similarly for people with regular and irregular income or is suitable for both.
Look, although the benefits of DCA are the same for people with regular and irregular income, saying that it works the same for people with both incomes is oversimplified. We know that the application method, risk tolerance and mental stress in the case of investing in the DCA method largely depends on the stable income. Where it always may not be realistic for people with irregular income. Also, new investors may think that DCA is safe even with irregular income without considering stable income, emergency fund, cash flow. So it can be confusing. So I think DCA can be said to be effective for both incomes, but the application is different according to the type of income.

[ruykeri]

If you invest $50 per week into bitcoin, then after 1 year you would have had invested $2,600 into bitcoin, and after 10 years, you would have had invested $26k into bitcoin and after 20 years you would have had invested $260k into bitcoin.

You might be able to get to 0.1 BTC in 10 years, perhaps, yet I doubt that in 20 years you would get to 1 bitcoin... so if for some reason you think that you need to get to 1 bitcoin (which I doubt that you need to), then you better start investing more aggressively, perhaps in the neighborhood of $400 per week, which would get you invested $20k in a year and $200k in 10 years, and even $400 per week might not be enough to get to 1 BTC in 10 years.

Yet, who the fuck says you need to get to 1 BTC?  except your imagination?

Each of us needs to work with what we have rather than making up fantasy standards that may or may not even be very relevant in terms of what we might be realistically ready, willing and able to achieve.

Maybe you should explain (ruykeri) why you believe there is a need to get to 1 BTC, and/or why you believe that not getting to something like 1 BTC would not allow you to reach your goals, such as getting to FIRE status.

Sir, I never said that it is mandatory to earn 1 BTC. Or it should be considered as a goal. I want to make understand with that example that time alone is not enough. How much we invest regularly also depends on how much Bitcoin holding will be in the future. And I agree with you that  have to get 1 BTC, this is imaginary standard. Now, FIRE or financial comfort is not the same for everyone. The amount of Bitcoin required by everyone to reach this state will not be the same. This completely depends on the cost of living of the person, whether there will be any change in lifestyle in the future. If we invest depending on time based, it is possible to get a lot more profit in the future. But I just want to make understand that investing only for a long time does not guarantee early retirement. After that, if there is any mistake in my thinking, you will correct me, I always try to know and learn.

[ejikeme24]

Though buying the dip is not that a idea if your are already accumulating consistently, where it's wrong is waiting to buy only when it dip, that's when it's wrong, because the dip the investor may be anticipating may never come, and at that point, the investor will not buy more and add to his stash.

Both the ones that wait forever for dip and those that buys the dip right away are still doing the same thing, which is timing the market.  Should you be distinguishing them? Most people cannot handle being emotional when investing in bitcoin, but that is what buying the dip turns you into, it makes you an emotional Investors.

You sound confused @ philosopherking  those that depend solely in dip is different from those investors that hope to buy the dip, for example. Those that only hope to buy the dip keep buying little by little while hoping for dip to happen so that they can be more aggressive, While those that depand solely in buying the dip don't accumulate until when the dip happen. So you can see the differences?

However most people fail to understand that dip does not happen anyhow it takes a very Long time before it happens that is why it is advised to keep accumulating little by little while waiting for the dip to avoid wasting a whole lot of time.

[Crytohillss]

If you invest $50 per week into bitcoin, then after 1 year you would have had invested $2,600 into bitcoin, and after 10 years, you would have had invested $26k into bitcoin and after 20 years you would have had invested $260k into bitcoin.

You might be able to get to 0.1 BTC in 10 years, perhaps, yet I doubt that in 20 years you would get to 1 bitcoin... so if for some reason you think that you need to get to 1 bitcoin (which I doubt that you need to), then you better start investing more aggressively, perhaps in the neighborhood of $400 per week, which would get you invested $20k in a year and $200k in 10 years, and even $400 per week might not be enough to get to 1 BTC in 10 years.

Yet, who the fuck says you need to get to 1 BTC?  except your imagination?

Each of us needs to work with what we have rather than making up fantasy standards that may or may not even be very relevant in terms of what we might be realistically ready, willing and able to achieve.

Maybe you should explain (ruykeri) why you believe there is a need to get to 1 BTC, and/or why you believe that not getting to something like 1 BTC would not allow you to reach your goals, such as getting to FIRE status.

Sir, I never said that it is mandatory to earn 1 BTC. Or it should be considered as a goal. I want to make understand with that example that time alone is not enough. How much we invest regularly also depends on how much Bitcoin holding will be in the future. And I agree with you that  have to get 1 BTC, this is imaginary standard. Now, FIRE or financial comfort is not the same for everyone. The amount of Bitcoin required by everyone to reach this state will not be the same. This completely depends on the cost of living of the person, whether there will be any change in lifestyle in the future. If we invest depending on time based, it is possible to get a lot more profit in the future. But I just want to make understand that investing only for a long time does not guarantee early retirement. After that, if there is any mistake in my thinking, you will correct me, I always try to know and learn.

1 Bitcoin is really of an imaginary benchmark the question is that how much should people invest daily also regulate how much bitcoin we should hold in the future investing with a large horizon can definitely lead to solid returns but my opinion is that investing only based on the time which doesn't automatically guarantee early retirement it is very understood that financial comforts look a little big different for everybody depending on cost of living and future lifestyle or choices.

[Lembo69]

It is better all newbies should know that when it comes to Bitcoin investments it doesn't matter if you are poor or rich but what matter most in Bitcoin investments is your discretionary income  you can invest in Bitcoin with DCA strategy which gives opportunity to both newbies and old investors to be buying gradually by gradually as their discretionary income might be available and without having the .

There is no such thing as rich or poor in Bitcoin. Whoever has the ability can invest as much as he can. The most important thing is stable income. Investing becomes much easier if he has a stable income.
It is possible to invest even if he does not have a stable income, but it is difficult to keep it regular. You may want to buy Bitcoin monthly using the DCA strategy, but if the income is irregular, the opportunity to buy will be missed many times. As a result, it will not be possible to move forward according to the plan.

On the other hand, if you have a stable income, then you can allocate money for specific investments and also buy regularly. This makes the investment journey much smoother and more disciplined. An investor can then move forward step by step according to his plan.

For example, if you start buying Bitcoin at just $20 per month through the DCA strategy from now on, then
your total investment will be $240 in 1 year,
and the total investment will be $2,400 in 10 years.
The main thing is to continue DCA actively and consistently without worrying too much about the price. Over time, this discipline will help you earn reasonable returns from your investments. And you can also earn a large amount of profit from your invested money, you just have to be sustainable in the long term..

[JayJuanGee]

Those who are in their twenties or thirties can use Bitcoin to achieve Financial Independence, Retire Early (FIRE). Such people must invest in Bitcoin for ten straight years and that will give them good return to retire early by achieving their financial goals. In my country the retirement age set by government is 60 years and if somebody start investing in Bitcoin for ten or more straight years then he don't need to work till he turn 60 to get pension and other necessary funds. Return will be massive if we invest for 15 straight years and that's why it's important to start investing in Bitcoin in early age.

Invest for 10 to 15 years, you will be able to easily continue your life without any income or retirement money, It is not that easy. Depending on your income, how much money you invest regularly, weekly or monthly, will determine your future. If someone had accumulated $50 in Bitcoin weekly from 10 years before, he would have about 7.5 BTC today. But with the current Bitcoin price and if the price continues to increase in the future with the time as before, it will not be possible to make 1 BTC by investing $50 weekly in 10 years. Although the future will depend on the price of Bitcoin, which is completely unpredictable. That is why it cannot be said with absolute guarantee that early retirement is possible even if you invest for 10 to 15 years. It should be understood that Bitcoin is not a direct retirement plan.

It's true that $50 weekly on Bitcoin for ten years years back is more profitable compared to doing the same $50 weekly now looking at the present price of Bitcoin. But for me, the most important thing is to have Bitcoin investment in the first targeted at decade plus even if it's just $50 weekly with the current price of Bitcoin as much as it's from discretionary funds. That Bitcoin future is not guaranteed does not mean lose or gain, but it means any of the two can happen, that is 50/50 and you would not lose or gain if you don't invest,

You cannot go back in time, so you can ONLY choose what you are going to do starting from today based on your own budgetary considerations.

If you are able to afford $50 per week invested into bitcoin, then you should get started.  If you think that you might be able to afford more than $50 per week, then that is even better.

You can invest for 1-2 cycles or more and then see where you are at.

You also might be able to increase your investment amounts in the future, so hopefully while you are investing in bitcoin, you are also making sure that your cashflow management is strong so that you can continue to invest in bitcoin and also protect your bitcoin investments from irregularities in income and/or expenses that especially could happen if your investment timeline is 4-10 years or longer..

An investor can use any of the strategies to accumulate Bitcoin, all of them are okay provided you are accumulating using your discretionary income, but more emphasis are laid on the DCA strategy since it allows an investor to buy Bitcoin in bits as low as $10 weekly or monthly. Added to this advantage is that fact that one can still have an ongoing DCA buys and still decide to buy the Dip or lumplump sum if he has an extra cash to do that. So DCA is more preferred since it makes investment a but easier and easy going

DCA strategy may be more suitable for people with regular income. And those with irregular income should have a more flexible strategy. DCA is a good method for those who mainly invest regularly or have a long-term investment goal. It provides the convenience of investing in small amounts to continue investing regularly. Also, it does not require regular market monitoring. Therefore, it is best to consider long-term investments based on your financial situation and capabilities.

DCA does not require regular income.  With DCA you can use it whenever income comes available, whether that is weekly, monthly or some other timeline.  With DCA the amounts do not need to be consistent either, even though some folks will specifically choose to try to stay consistent in the amounts.  That is optional. 

They optionally might also choose to invest a percentage of their discretionary income rather than a specific amount.  DCA give options to customize to a person's income and preferences, and without needing to account for BTC price fluctuations (as you mentioned Cgrexp)

DCA strategy may be more suitable for people with regular income. And those with irregular income should have a more flexible strategy. DCA is a good method for those who mainly invest regularly or have a long-term investment goal. It provides the convenience of investing in small amounts to continue investing regularly. Also, it does not require regular market monitoring. Therefore, it is best to consider long-term investments based on your financial situation and capabilities.

DCA works similarly for people with regular and irregular income or is suitable for both. Those with regular income can do weekly DCA or half-monthly DCA. Those with irregular income can do monthly or quarterly DCA. It completely depends on you and your source of income. In terms of benefits, although there is a difference in the time of purchase, they provide similar benefits. In weekly or half-monthly DCA, you get the opportunity to buy frequently, in monthly or quarterly DCA, the frequency of purchases is slightly less. All other DCAs follow the general rules and provide the same benefits.

More frequent buys, such as weekly, is probably better, yet like you said, DCA allows flexibility.. that can be timed based in part on when the person is paid and/or when money becomes available.

If you invest $50 per week into bitcoin, then after 1 year you would have had invested $2,600 into bitcoin, and after 10 years, you would have had invested $26k into bitcoin and after 20 years you would have had invested $260k $52k  into bitcoin.

You might be able to get to 0.1 BTC in 10 years, perhaps, yet I doubt that in 20 years you would get to 1 bitcoin... so if for some reason you think that you need to get to 1 bitcoin (which I doubt that you need to), then you better start investing more aggressively, perhaps in the neighborhood of $400 per week, which would get you invested $20k in a year and $200k in 10 years, and even $400 per week might not be enough to get to 1 BTC in 10 years.

Yet, who the fuck says you need to get to 1 BTC?  except your imagination?

Each of us needs to work with what we have rather than making up fantasy standards that may or may not even be very relevant in terms of what we might be realistically ready, willing and able to achieve.

Maybe you should explain (ruykeri) why you believe there is a need to get to 1 BTC, and/or why you believe that not getting to something like 1 BTC would not allow you to reach your goals, such as getting to FIRE status.

Sir, I never said that it is mandatory to earn 1 BTC. Or it should be considered as a goal. I want to make understand with that example that time alone is not enough. How much we invest regularly also depends on how much Bitcoin holding will be in the future. And I agree with you that  have to get 1 BTC, this is imaginary standard. Now, FIRE or financial comfort is not the same for everyone. The amount of Bitcoin required by everyone to reach this state will not be the same. This completely depends on the cost of living of the person, whether there will be any change in lifestyle in the future. If we invest depending on time based, it is possible to get a lot more profit in the future. But I just want to make understand that investing only for a long time does not guarantee early retirement. After that, if there is any mistake in my thinking, you will correct me, I always try to know and learn.

Your response shows that I made a mistake in my above post.   I fixed my mistake above and I went back and fixed my mistake in the original post, too. Otherwise, I think that my response was sufficiently fair to clarify my perspective, including the benefits of your further clarification here, too.

[Grace333]

, they often prefer to time the market and buy during the time they feel its convenient and this also makes them to lose opportunities which they would have utilized to their advantage to grow, buying during the dip isn't the best option and it's best you try out other methods so you can compare the difference and understand how both works and when system should be applied respectively

Timing the market and hoping to buy when it's down seems like a smart decision to most Bitcoin investors, but in reality they are doing themselves bad because they are going to lose a lot of buying opportunities that will be available in the market, because their own version of the dip they crave for may never come.
And it's even more unreasonable if the investor is just starting out his accumulation journey or he is still very far behind in his accumulation.
Though buying the dip is not that a idea if your are already accumulating consistently, where it's wrong is waiting to buy only when it dip, that's when it's wrong, because the dip the investor may be anticipating may never come, and at that point, the investor will not buy more and add to his stash.

How do you even expect to time Bitcoin that you do not have any control over? That’s where this whole mindset things is already off. Timing the market might sounds smart you, but the truth is it is extremely difficult, even for so call experienced people.

Bitcoin does not move based on what you are waiting for, and your perfect dip might never show up. So while you’re waiting, price will just keep moving and you will miss out. That is why I feel it’s better to just stick with DCA.

[Cgrexp]

DCA strategy may be more suitable for people with regular income. And those with irregular income should have a more flexible strategy. DCA is a good method for those who mainly invest regularly or have a long-term investment goal. It provides the convenience of investing in small amounts to continue investing regularly. Also, it does not require regular market monitoring. Therefore, it is best to consider long-term investments based on your financial situation and capabilities.

DCA does not require regular income.  With DCA you can use it whenever income comes available, whether that is weekly, monthly or some other timeline.  With DCA the amounts do not need to be consistent either, even though some folks will specifically choose to try to stay consistent in the amounts.  That is optional. 

They optionally might also choose to invest a percentage of their discretionary income rather than a specific amount.  DCA give options to customize to a person's income and preferences, and without needing to account for BTC price fluctuations (as you mentioned Cgrexp)

@JayJuanGee ... Sir I understand and agree with your words. I think there was a small mistake in my previous comment. I do not deny that people with irregular income cannot do DCA. In fact, I think that a person with irregular income naturally has to be flexible in terms of time and amount in DCA. Actually, by flexibility, I mean that people with such income cannot tie themselves to the same time or the same amount and have to invest according to the reality of the income. From this point of view, I found regular income  convenient in terms of consistent, mental and behavioral structure.However, I did not want to impose any mandatory condition that the income must be regular. . I accept that DCA is a flexible strategy and can be used according to the type of income and financial reality and the time and amount do not need to be completely consistent.