Buy Buy Buy or Sell Sell Sell?

[Bigjoe33]

Investing in BTC and buying BTC without using discretionary income is certainly a fatal mistake, even using the DCAtechnique. The most important thing is to use discretionary income to buy BTC.

I agree with you on this. Everyone earns more or less but not everyone understands what money to invest with, which is why not everyone's investment is successful as per their plan, rather they stop investing halfway due to various problems. But those who can separate discretionary income from their income and invest only with that money then their investments are successful. Therefore, those who invest with the money that is left after meeting daily expenses, food, house rent and medical expenses and keep a separate emergency fund, their investments are the safest.

Surely, everything has principles and the better way to go about it to ensure success and sustainability. Any investment made outside your discretionary income is prone to risk and sudden fall no matter how careful you go about it, and that's because the investment was done with the wrong funds.

Handling your basic needs or expenses first, before investing using the left over money(discretionary) has been the basis for Bitcoin investment here and I believe it's just the best way to follow

[Gaza13]

instead of waiting for the market to dip before buying an investor can be accumulating bitcoin using the DCA strategy and settings aside some percentage of there discretionionary income for buying the dips and some percentage for buying bitcoin.
The DCA strategy doesn't really cover buy the dip strategy, rather an investor can combine both the DCA strategy and the other strategies during bitcoin accumulation phase. However waiting isn't a nice thing to do because it will only leads to missing of opportunity.

When it comes to the Bitcoin investments using difference strategies is very good. Because it helps help allot to accumulate the Bitcoins, yeah l thought that the DCA methods doesn’t cover the buy dip but if you take look at it it’s help people that have interest to invest in the bitcoin to buy with little amount they have not until they have enough capital before they can think to start up their bitcoin investments; and that’s why even those that didn’t combine strategies are still get what they want by using only the DCA methods.

In essence, each strategy has its own advantages, be it DCA or lumpsum strategy techniques. I think DCA is still a strategy in investing, only at the time of purchase, we think the price is the best, worthy and suitable to buy, and why should we delay it and as we know that market movements As we know, no one can predict market movements and it is very difficult to predict. And not only that, DCA is also a form of discipline or consistency in investing in Bitcoin and not only that, those who invest in Bitcoin certainly know that this asset has quite good potential in the future. And not just in the form of fighting inflation and still maintain their assets or grow in the long term, And as you said, DCA is also available to anyone who wants to learn or is interested in this asset. With DCA, they can learn and focus, and they can sense the market fluctuations at any time. With this experience, they can determine the best time to buy the asset.

[ahmedabubakarabbo]

An investor will definitely meet up with the dip when using the DCA strategy because he is accumulating regularly without waiting for the dip to accumulate Bitcoin, but if you are using the buy the dip strategy you can't buy at all price, using the DCA strategy you are accumulating irrespective of the price of Bitcoin even when the market is up or down you are regularly accumulating this is the reason i said that the DCA strategy also covers up the buy the dip strategy so it's better to stick to the DCA strategy then waiting for dip to accumulate Bitcoin.

Buying the dip isn't a bad strategy as far I know just that it isn't as effective as when using dca strategy. Buying only during dips will delay your accumulation progress as dip don't occur frequently and you don't no when the next bitcoin dip will occur.
when you should take buy the dip as your primary strategy is when you have reach your accumulation target because at that period you no longer need to be consistent since you've achieved your target.

Buying only during the dips will not only delay your accumulation progress it will also traumatize your emotions by not being satisfied with dips and when it goes up you will be lost with regrets, how can a no or low coiner will only be buying during the dip when it is more advantageous to be buying consistently with the DCA strategy, if a peak price today can be seen as a dip tomorrow when Bitcoin makes a new all time highs then it is not wise buying only during the dips especially for a no or low coiner.

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

[sotelorene]

An investor will definitely meet up with the dip when using the DCA strategy because he is accumulating regularly without waiting for the dip to accumulate Bitcoin, but if you are using the buy the dip strategy you can't buy at all price, using the DCA strategy you are accumulating irrespective of the price of Bitcoin even when the market is up or down you are regularly accumulating this is the reason i said that the DCA strategy also covers up the buy the dip strategy so it's better to stick to the DCA strategy then waiting for dip to accumulate Bitcoin.

Buying the dip isn't a bad strategy as far I know just that it isn't as effective as when using dca strategy. Buying only during dips will delay your accumulation progress as dip don't occur frequently and you don't no when the next bitcoin dip will occur.
when you should take buy the dip as your primary strategy is when you have reach your accumulation target because at that period you no longer need to be consistent since you've achieved your target.

Buying only during the dips will not only delay your accumulation progress it will also traumatize your emotions by not being satisfied with dips and when it goes up you will be lost with regrets, how can a no or low coiner will only be buying during the dip when it is more advantageous to be buying consistently with the DCA strategy, if a peak price today can be seen as a dip tomorrow when Bitcoin makes a new all time highs then it is not wise buying only during the dips especially for a no or low coiner.

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

I disagree with you, not all folks who buy's during the Dip are all gamblers some of them are actually genuine Investors but maybe they lack the knowledge of the DCA method. There are people who are determined to invest today in Bitcoin for the long term but they don't know how to go about it and what strategy to use and some are not even aware of the term "Discretionary income" so they just invest with whatever amount and trust me what these people need is information and awareness,  not all are traders.

[alankasman]

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

This is certainly true because investors won't wait for the price to rise whether it's at a high level or at a figure that might be profitable for them.

Some groups are currently busy preparing or seeking capital to make purchases. At the current price they are considered gamblers but these groups will choose to remain silent when the Bitcoin price is on a slight upward trajectory in the Bitcoin market. I agree with your opinion so I immediately clarified this by explaining how a group exploits the situation of buying during a price drop as is currently happening in the Bitcoin market. And it is true that they are currently in the waiting and monitoring category regarding the cycles that occur in the market and for them doing something like this is a wrong action in interpreting the journey they are taking.

[ZeroVinsonN]

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

If they've hit their over-accumulation then there is nothing wrong if they decide to only be accumulating more through buying the DIP, it's those who are still accumulating especially those who just started out that should avoid having to wait for a dip to buy, it's not even the smartest idea to save for a dip using a particular percentage of your discretionary income because if you plan is to invest with that percentage then what's the point in saving it for a dip that you don't know might happen, it's better to just channel that fund directly into your bitcoin investment using the DCA, this way you wouldn't have to be waiting for any PERFECT time to buy since everytime is perfect as long as you are using the DCA method.

[Gallar]

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

Yes, in some ways I agree with you, especially for beginners who are just starting to invest in Bitcoin. It's certainly not a good idea to buy Bitcoin but wait for the price to drop. This will obviously waste a lot of momentum and time. However, if someone were to buy Bitcoin and accidentally found the price dropping, I don't think that would be a problem, because they didn't do it on purpose, not waiting for the price to drop. So in a case like this, I don't think it's a problem to buy Bitcoin when the price is dropping, as it's just a coincidence. In my opinion, what's not recommended is intentionally waiting for the price to drop. So, it's not the price drop, but the waiting that I think is detrimental.

[Decimetre]

An investor will definitely meet up with the dip when using the DCA strategy because he is accumulating regularly without waiting for the dip to accumulate Bitcoin, but if you are using the buy the dip strategy you can't buy at all price, using the DCA strategy you are accumulating irrespective of the price of Bitcoin even when the market is up or down you are regularly accumulating this is the reason i said that the DCA strategy also covers up the buy the dip strategy so it's better to stick to the DCA strategy then waiting for dip to accumulate Bitcoin.

Buying the dip isn't a bad strategy as far I know just that it isn't as effective as when using dca strategy. Buying only during dips will delay your accumulation progress as dip don't occur frequently and you don't no when the next bitcoin dip will occur.
when you should take buy the dip as your primary strategy is when you have reach your accumulation target because at that period you no longer need to be consistent since you've achieved your target.

Buying only during the dips will not only delay your accumulation progress it will also traumatize your emotions by not being satisfied with dips and when it goes up you will be lost with regrets, how can a no or low coiner will only be buying during the dip when it is more advantageous to be buying consistently with the DCA strategy, if a peak price today can be seen as a dip tomorrow when Bitcoin makes a new all time highs then it is not wise buying only during the dips especially for a no or low coiner.

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

For me, I think that what makes a person an investor is your ability to hold your bitcoin for a very long time of say above 10 years or more. That is the difference between a gamble and an investor. A gambler can also be buying always and selling always in the event of any slight profit. There are investors who may only be opportuned to buy bitcoin once in their lifetime because of their economic situation. He could accidentally made a big fund and invest in bitcoin, but because he has no stable sources of income he may struggle to survive while deciding never to sell his already acquired bitcoin which could be bought in a dip or so.

Buying the Dip does not completely make someone a gambler, but selling in a short time makes someone a gambler.

[Zackz5000]

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

If they've hit their over-accumulation then there is nothing wrong if they decide to only be accumulating more through buying the DIP, it's those who are still accumulating especially those who just started out that should avoid having to wait for a dip to buy, it's not even the smartest idea to save for a dip using a particular percentage of your discretionary income because if you plan is to invest with that percentage then what's the point in saving it for a dip that you don't know might happen, it's better to just channel that fund directly into your bitcoin investment using the DCA, this way you wouldn't have to be waiting for any PERFECT time to buy since everytime is perfect as long as you are using the DCA method.

Those who has been accumulating Bitcoin for decades and has gotten to their last phase which is their Bitcoin over accumulation stage can choose to be accumulating Bitcoin when the price is low because they are not in their early age and it won't also slow down their Bitcoin accumulation process, a newly Bitcoin investor shouldn't have any thing to do with the buying the dip strategy he should focus more on growing his Bitcoin portfolio by consistently accumulating Bitcoin using the DCA strategy and hodl for long.

[Solokan]

Investing in BTC and buying BTC without using discretionary income is certainly a fatal mistake, even using the DCAtechnique. The most important thing is to use discretionary income to buy BTC.

I agree with you on this. Everyone earns more or less but not everyone understands what money to invest with, which is why not everyone's investment is successful as per their plan, rather they stop investing halfway due to various problems. But those who can separate discretionary income from their income and invest only with that money then their investments are successful. Therefore, those who invest with the money that is left after meeting daily expenses, food, house rent and medical expenses and keep a separate emergency fund, their investments are the safest.

Surely, everything has principles and the better way to go about it to ensure success and sustainability. Any investment made outside your discretionary income is prone to risk and sudden fall no matter how careful you go about it, and that's because the investment was done with the wrong funds.

Handling your basic needs or expenses first, before investing using the left over money(discretionary) has been the basis for Bitcoin investment here and I believe it's just the best way to follow

I agree with the three of you. Apparently, you're experienced and consistently apply the correct method for investing in btc. If we look closely, there are many examples of people who failed to invest in BTC long-term or were unsuccessful because they didn't use discretionary income. However, those who did use discretionary income were mostly successful because they didn't burden their real-world lives, even though they invested in btc

If you think about it, investing in BTC is actually easy and has great potential for success if done correctly. Patience is certainly essential, as many people lack patience, leading to failure in long-term investing in BTC. We must also be resilient to temptation when the price of BTC rises, and many people are tempted to sell their BTC even though they haven't held it for long

[SilverCryptoBullet]

I agree with the three of you. Apparently, you're experienced and consistently apply the correct method for investing in btc. If we look closely, there are many examples of people who failed to invest in BTC long-term or were unsuccessful because they didn't use discretionary income. However, those who did use discretionary income were mostly successful because they didn't burden their real-world lives, even though they invested in btc

People can fail with their investment in Bitcoin by many reasons and don't use discretionary income for their investment is only one reason. There are other reasons which are important too like they did not learn enough about Bitcoin so by lack of enough knowledge about Bitcoin, they don't have strong belief in Bitcoin future. They invested, actually spent money to buy bitcoin, but deeply in their mind they just lacked of strong belief in Bitcoin future. They are in between of believe and disbelieve, so with such uncertainty they are very easily affected by bear market, news, and fuds.

When they feel uncertain especially panic they will sell their bitcoins and surely such times are for losers in the market when they sell bitcoin not to take profit but to cut loss and actually take loss.

[Grease5000]

Investing in BTC and buying BTC without using discretionary income is certainly a fatal mistake, even using the DCAtechnique. The most important thing is to use discretionary income to buy BTC.

I agree with you on this. Everyone earns more or less but not everyone understands what money to invest with, which is why not everyone's investment is successful as per their plan, rather they stop investing halfway due to various problems. But those who can separate discretionary income from their income and invest only with that money then their investments are successful. Therefore, those who invest with the money that is left after meeting daily expenses, food, house rent and medical expenses and keep a separate emergency fund, their investments are the safest.

Surely, everything has principles and the better way to go about it to ensure success and sustainability. Any investment made outside your discretionary income is prone to risk and sudden fall no matter how careful you go about it, and that's because the investment was done with the wrong funds.

Handling your basic needs or expenses first, before investing using the left over money(discretionary) has been the basis for Bitcoin investment here and I believe it's just the best way to follow

Buying Bitcoin without using discretionary income is risky, no matter the strategy, even Dollar cost Averaging. Investing  means staying financially stable while building long term wealth without putting yourself  under pressure.

[Sarah_Jannat42]

Confusing Bitcoin investment with trading is a fundamental mistake. Investing in Bitcoin should be done on a long-term basis, but when it is done on a short-term basis, it becomes trading. So, you have to be consistent with the fundamentals in Bitcoin. Trading is a personal thing, but I prefer investing in Bitcoin on a long-term basis and of course consistently.

When making investment, it’s better to invest in bitcoin for long term, but we should know that there are still some people that invest in bitcoin for short term, and that doesn’t make them a trader. I don’t really encourage people to invest in bitcoin for short term because of the risk involved in it, investing in bitcoin for short period of time comes with a great risk.

If you are planning to invest in bitcoin, just make use of DCA strategy and make sure you holding for long term, you won’t be worried about bitcoin price movement because you know that even if bitcoin price crashes or pumps, you not going to be selling soon. If you are investing in bitcoin for long term, just make sure you properly back up your seed phrase, then forget about the bitcoin in your wallet.

I do trade and I do invest also, but the risk and stress in trading is just high, so I don’t even bother myself trading always, I always do that whenever I want, mostly I invest in bitcoin.

Hearing that you do both trading and investing, it seems that you have a lot of control over your own psychological issues, so trading does not hinder your investment. But those who are new should definitely focus on investing. Otherwise, while managing both trading and investing, the investment will lose balance and consistency. However, the DCA method of investment is very popular, so I also like investing in Bitcoin through the DCA method, but sometimes I increase or decrease the amount of investment through the DCA method, but I never give up investing.

[ChocolateBitcoinK]

Confusing Bitcoin investment with trading is a fundamental mistake. Investing in Bitcoin should be done on a long-term basis, but when it is done on a short-term basis, it becomes trading. So, you have to be consistent with the fundamentals in Bitcoin. Trading is a personal thing, but I prefer investing in Bitcoin on a long-term basis and of course consistently.

When making investment, it’s better to invest in bitcoin for long term, but we should know that there are still some people that invest in bitcoin for short term, and that doesn’t make them a trader. I don’t really encourage people to invest in bitcoin for short term because of the risk involved in it, investing in bitcoin for short period of time comes with a great risk.

If you are planning to invest in bitcoin, just make use of DCA strategy and make sure you holding for long term, you won’t be worried about bitcoin price movement because you know that even if bitcoin price crashes or pumps, you not going to be selling soon. If you are investing in bitcoin for long term, just make sure you properly back up your seed phrase, then forget about the bitcoin in your wallet.

I do trade and I do invest also, but the risk and stress in trading is just high, so I don’t even bother myself trading always, I always do that whenever I want, mostly I invest in bitcoin.

Hearing that you do both trading and investing, it seems that you have a lot of control over your own psychological issues, so trading does not hinder your investment. But those who are new should definitely focus on investing. Otherwise, while managing both trading and investing, the investment will lose balance and consistency. However, the DCA method of investment is very popular, so I also like investing in Bitcoin through the DCA method, but sometimes I increase or decrease the amount of investment through the DCA method, but I never give up investing.

The importance of DCA strategy and the continuity of investment through this strategy must be ensured first of all, our main long-term investment strategy must be DCA, then based on financial capacity, if we want, we can buy at a dip price, but for this we must use separate money which is not our necessary money, that is, only if we have additional financial benefits can we buy such dips. However, in the beginning and our main goal should be continuous investment, this should be ensured first of all, the rest of the strategies are only an optional strategy, it is good to do this, there is nothing negative if you do not do it, this is why we must first give importance to long-term and continuous strategies like DCA.