Buy Buy Buy or Sell Sell Sell?

[As-Soon-As]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Wow...that's a huge discretionary income for plebs like us and like you said, we all have our different ways in which we would use that $10000 to invest into bitcoin.

Personally, I will divide the money into three parts since I already have an emergency funds available. I will use $3000 to frontload my bitcoin investment, use $2000 to keep for buying at the dip and I will use the $5000 left to spread across several weeks for DCA buying.

Your words are very valuable, but I want to say that you should follow the DCA method regularly. But I think it is very difficult for all investors to add $ 10,000, although it is possible for you, this is the biggest goal for you. But if you follow the DCA method in both Bitcoin ups and downs, then it is the modern and good Bitcoin DCA strategy for you. To sustain Bitcoin investment, you must have the highest strategy and hard work and intelligence, you should keep adding money to the emergency fund again and again.
And if you follow the DCA method regularly, you will definitely be able to fight in a better position

[JayJuanGee]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

That is the fact. As far as someone doesn't always have much discretionary funds coming always and they have not accumulated a lot bitcoin is a bad idea for  such to want wait for more dip.so they are focus should be on accumulating without trying to hold back any money for further dip but just focus on buying.If someone tries to practice that, they will find it hard to build a good portfolio.The only thing they can do is to make use of the DCA strategy, but not wait for more dips, especially if they are an early investor who hasn't accumulated a reasonable amount of Bitcoin.

New Bitcoin investors shouldn't try to keep some discretionary funds just to get the dip. Otherwise, they can easily turn into traders by waiting for a dip. Even if they are lucky, they may think that when Bitcoin pumps, they will just wait for another dip, which is very wrong. They can keep doing that, but in the end, they might not build much in their portfolio.

I am just suggesting that there is a lot of waste of time and energy to be focusing on prices rather merely making sure that regularly buying is heppening.. perhaps weekly is good, but of course there is a need to make sure that there is sufficient income to be able to buy every single week..

[Silikiem]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

That is the fact. As far as someone doesn't always have much discretionary funds coming always and they have not accumulated a lot bitcoin is a bad idea for  such to want wait for more dip.so they are focus should be on accumulating without trying to hold back any money for further dip but just focus on buying.If someone tries to practice that, they will find it hard to build a good portfolio.The only thing they can do is to make use of the DCA strategy, but not wait for more dips, especially if they are an early investor who hasn't accumulated a reasonable amount of Bitcoin.

New Bitcoin investors shouldn't try to keep some discretionary funds just to get the dip. Otherwise, they can easily turn into traders by waiting for a dip. Even if they are lucky, they may think that when Bitcoin pumps, they will just wait for another dip, which is very wrong. They can keep doing that, but in the end, they might not build much in their portfolio.

I am just suggesting that there is a lot of waste of time and energy to be focusing on prices rather merely making sure that regularly buying is heppening.. perhaps weekly is good, but of course there is a need to make sure that there is sufficient income to be able to buy every single week..

Yes you’re right about the suggestion because not only that a lot of energy and time are being wasted in the period of an investor focusing on market prices, also the investor risks the opportunity to have used that time to gradually accumulate a reasonable amount of bitcoin stash in his portfolio using just his discretionary income thereby enabling him to gradually build up his investment portfolio. It’s advisable to set our mind on the long term goal of consistent and persistent accumulation of bitcoin so as to save us the stress and time wasted in looking at the market price. If an investors initial strategy is focus on the long term goal of investment, I don’t think there will be too much focus on the market price, rather his focus will be only to be able to figure out his discretionary income to continue accumulating bitcoin either weekly or monthly basis using the DCA method of accumulation, with the knowledge that the prices of bitcoin will continue to go up even it goes down at some point. Only those who are in for quick profit always waste time in focusing on the market prices and only accumulate bitcoin when the price is low so that they can sell it off sharply when the price goes up slightly, and if they wait for sometimes and the price didn’t go up immediately as they targeted, instead it keeps dipping, they will start panicking to sell just so they can be able to recoup their capital and they end up selling when is not yet due and even risk a chance of losing their capital. These mindsets are only characterized by traders and not true investors.

[Oshio-man]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

Agreed, a newbie in bitcoin investment trying to save up for a DIP when they can just keep buying doesn't seem like the best of idea, even more so when their discretionary income is also on the low side, buying the dip is good when you already have a good stash of bitcoin and you are already a veteran investor and still DCAing if you want to,

That is why is advisable to newbies using dollar cost average (DCA) to accumulate bitcoin from the market, and it will allow such newbies to gain access to huge amount of income in the bullish season, I believe we all notice that the price of bitcoin has dropped down to $115k few hours ago which is another opportunity for investors using this Dollar cost average (DCA) to make use of the opportunity in this low price to increase the amount of funds they are using weekly or monthly to accumulate bitcoin, but never you be in a competition with anybody in bitcoin investment because your financial status is different from other investors, invest what you can afford to lose in bitcoin investment which is my advice to newbies.

[kanftka]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Yu kw, if you have $10k in pure discretionary income and no pressure elsewhere, going in heavy during a dip might not be a bad move.. But here is the thing, that approach assumes this dip is the bottom, and no one really knows that.

This is why i would say DCA is still the best approach over all. It removes the guesswork. You don’t even have to stress about whether now is the perfect time. You just stay consistent, and over time, your average cost balances out. That kind of peace of mind is underrated...

yu kw, you don’t have to pick one side. but would advise you consider DCA, bcus If I were in your shoes with $10k right now, I wound probably put in like around $3k–$5k if I feel the market is offering a solid discount, but i would still hold back some to DCA over the next few months. With that, if the price drops more, I will not be stuck watching from the sidelines.

So no, DCA is not just for people with little money, it is for anyone who wants to avoid emotional mistakes. Whether investing $100 or $10,000, having a plan that lets you stay calm matters more than anything.

[Tonimez]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

That is the fact. As far as someone doesn't always have much discretionary funds coming always and they have not accumulated a lot bitcoin is a bad idea for  such to want wait for more dip.so they are focus should be on accumulating without trying to hold back any money for further dip but just focus on buying.If someone tries to practice that, they will find it hard to build a good portfolio.The only thing they can do is to make use of the DCA strategy, but not wait for more dips, especially if they are an early investor who hasn't accumulated a reasonable amount of Bitcoin.

New Bitcoin investors shouldn't try to keep some discretionary funds just to get the dip. Otherwise, they can easily turn into traders by waiting for a dip. Even if they are lucky, they may think that when Bitcoin pumps, they will just wait for another dip, which is very wrong. They can keep doing that, but in the end, they might not build much in their portfolio.

I am just suggesting that there is a lot of waste of time and energy to be focusing on prices rather merely making sure that regularly buying is heppening.. perhaps weekly is good, but of course there is a need to make sure that there is sufficient income to be able to buy every single week..

Reading charts is a total waste of energy especially when an investor claims to be a long-term investor. I also think that the cause of that trend should be in accumulating with non discretionary income or traders mindset. Some newbies play too Safe to succeed by always likening bitcoin investment to some unrealistic ventures like Ponzis and shitcoins and failed to understand the real difference between bitcoin and other online trades.

[Edited out]

That is why is advisable to newbies using dollar cost average (DCA) to accumulate bitcoin from the market, and it will allow such newbies to gain access to huge amount of income in the bullish season, I believe we all notice that the price of bitcoin has dropped down to $115k few hours ago which is another opportunity for investors using this Dollar cost average (DCA) to make use of the opportunity in this low price to increase the amount of funds they are using weekly or monthly to accumulate bitcoin

This your statement does not favour the DCA strategy and you have only described buying the Dip. Such dips does not really matter so much to a DCA strategy investor because this has just taken place in less than a week of which it's very possible that an investor would miss buying at that amount on that day as you advise which does not also make the investor an incompetent investor but a disciplined one.

It would be more acceptable if you encourage aggressive buys during the supposed dip. This aggressive buys would be good if someone has a spare money possibly set out for such opportunities or if the person eventually has an extra income. Whichever way, it is good to understand that dips can happen anytime. Your tone of enthusiasm about buying at $115k was that of a FOMO investor and just in less than 8 hours we're at $114k. This is the reason why you should learn to manage your anxiety in bitcoin investment, follow your DCA strictly and only trying aggressive buys when you are sure you have additional money or lesser responsibility. Dips will always occur and your DCA period can always land on dips sometimes.

but never you be in a competition with anybody in bitcoin investment because your financial status is different from other investors, invest what you can afford to lose in bitcoin investment which is my advice to newbies.

You're very correct when you said an investor is not to be in competition with anyone due to difference in financial stabilities. Some people end up measuring their success with others which is not right because even if you earn same amount with someone, it's not a guarantee that you have same pace of progress because responsibilities differ and your colleague might have a different income source without telling you.

However, saying that an investor should invest only what he can afford to loose in bitcoin sounds like a trader's advice. When someone's target is a long term holding up to 4 to 10 years time or more, the chances of loosing assets are nearly erased as he stands greater chances of making good profit.

[Cipherpz]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

That is the fact. As far as someone doesn't always have much discretionary funds coming always and they have not accumulated a lot bitcoin is a bad idea for  such to want wait for more dip.so they are focus should be on accumulating without trying to hold back any money for further dip but just focus on buying.If someone tries to practice that, they will find it hard to build a good portfolio.The only thing they can do is to make use of the DCA strategy, but not wait for more dips, especially if they are an early investor who hasn't accumulated a reasonable amount of Bitcoin.

New Bitcoin investors shouldn't try to keep some discretionary funds just to get the dip. Otherwise, they can easily turn into traders by waiting for a dip. Even if they are lucky, they may think that when Bitcoin pumps, they will just wait for another dip, which is very wrong. They can keep doing that, but in the end, they might not build much in their portfolio.

I am just suggesting that there is a lot of waste of time and energy to be focusing on prices rather merely making sure that regularly buying is heppening.. perhaps weekly is good, but of course there is a need to make sure that there is sufficient income to be able to buy every single week..

 

Buying regularly, at regular intervals, weekly, continuously, starting small and gradually increasing it is more effective in the long run. However, it is necessary to organize your income and budget in such a way that it can be kept stable every week.

[Barikui1]

Yu kw, if you have $10k in pure discretionary income and no pressure elsewhere, going in heavy during a dip might not be a bad move..

Yes it's not a bad idea, but if their is no dip then, are you going to seat by and wait?
If you really want to invest in Bitcoin and you are only thinking long term, buying at the dip as you are only emphasizing on now is not the best way to go about your Bitcoin accumulation, just buy regardless of it current price because in the future, this current price will be too cheap when you reflect back.

If I were in your shoes with $10k right now, I wound probably put in like around $3k–$5k if I feel the market is offering a solid discount, but i would still hold back some to DCA over the next few months. With that, if the price drops more, I will not be stuck watching from the sidelines.

Looking at this your statement here, it looks like you are trying to outsmart the market, which is almost impossible, you can't be acting like a trader if you want to be successful in your Bitcoin accumulation journey because you may waste valuable time that you should have utilized properly.
Buying the dip is never a problem, the problem is waiting for the dip, and what you are implying above is that you will be withholding part of money you intend investing in Bitcoin with the expectations of buying the dip, it's not a bad idea in my own opinion if it's being done with your reserves funds when it comes, but waiting is a no no in my own opinion.

[Regardme]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

That is the fact. As far as someone doesn't always have much discretionary funds coming always and they have not accumulated a lot bitcoin is a bad idea for  such to want wait for more dip.so they are focus should be on accumulating without trying to hold back any money for further dip but just focus on buying.If someone tries to practice that, they will find it hard to build a good portfolio.The only thing they can do is to make use of the DCA strategy, but not wait for more dips, especially if they are an early investor who hasn't accumulated a reasonable amount of Bitcoin.

New Bitcoin investors shouldn't try to keep some discretionary funds just to get the dip. Otherwise, they can easily turn into traders by waiting for a dip. Even if they are lucky, they may think that when Bitcoin pumps, they will just wait for another dip, which is very wrong. They can keep doing that, but in the end, they might not build much in their portfolio.

I am just suggesting that there is a lot of waste of time and energy to be focusing on prices rather merely making sure that regularly buying is heppening.. perhaps weekly is good, but of course there is a need to make sure that there is sufficient income to be able to buy every single week..

 

Buying regularly, at regular intervals, weekly, continuously, starting small and gradually increasing it is more effective in the long run. However, it is necessary to organize your income and budget in such a way that it can be kept stable every week.

Which ever way you start investing in bitcoin is effective, either by starting small or with a lump sum and that depends on the financial capacity of an individual investor. Let’s say you earn $10k and decide to start small with probably $100, I think that makes you unwise knowing too well that after all bills and payment, you might probably be left with $4k for instance. What I’m trying to say is that it’s good to start small if you’re a low income earner but if you’re a high income earner who understands Bitcoin, I see nothing wrong in buying a lump sum. The main purpose is to accumulate more bitcoin on a weekly or monthly basis depending on how financial stable one is and holding for a long term

[Miramax12]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

That is the fact. As far as someone doesn't always have much discretionary funds coming always and they have not accumulated a lot bitcoin is a bad idea for  such to want wait for more dip.so they are focus should be on accumulating without trying to hold back any money for further dip but just focus on buying.If someone tries to practice that, they will find it hard to build a good portfolio.The only thing they can do is to make use of the DCA strategy, but not wait for more dips, especially if they are an early investor who hasn't accumulated a reasonable amount of Bitcoin.

New Bitcoin investors shouldn't try to keep some discretionary funds just to get the dip. Otherwise, they can easily turn into traders by waiting for a dip. Even if they are lucky, they may think that when Bitcoin pumps, they will just wait for another dip, which is very wrong. They can keep doing that, but in the end, they might not build much in their portfolio.

I am just suggesting that there is a lot of waste of time and energy to be focusing on prices rather merely making sure that regularly buying is heppening.. perhaps weekly is good, but of course there is a need to make sure that there is sufficient income to be able to buy every single week..

I totally agree with you on this, Waiting for a dip might seem like a good idea, but for new investors or for those who don’t have a ton of discretionary income, it’s more of a risk than it’s worth. The mindset should really be on consistent accumulation, especially in the beginning stages.  DCA Dollar Cost Averaging is honestly the best strategy for most people in that boat. If you're trying to time the market, you might end up missing out on the real opportunities and not building your portfolio as much as you like. The idea is to get in, stay consistent, and not get too caught up in waiting for the actual moment. Bitcoin’s long-term potential is what matters most.

[Makus]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

That is the fact. As far as someone doesn't always have much discretionary funds coming always and they have not accumulated a lot bitcoin is a bad idea for  such to want wait for more dip.so they are focus should be on accumulating without trying to hold back any money for further dip but just focus on buying.If someone tries to practice that, they will find it hard to build a good portfolio.The only thing they can do is to make use of the DCA strategy, but not wait for more dips, especially if they are an early investor who hasn't accumulated a reasonable amount of Bitcoin.

New Bitcoin investors shouldn't try to keep some discretionary funds just to get the dip. Otherwise, they can easily turn into traders by waiting for a dip. Even if they are lucky, they may think that when Bitcoin pumps, they will just wait for another dip, which is very wrong. They can keep doing that, but in the end, they might not build much in their portfolio.

I am just suggesting that there is a lot of waste of time and energy to be focusing on prices rather merely making sure that regularly buying is heppening.. perhaps weekly is good, but of course there is a need to make sure that there is sufficient income to be able to buy every single week..

There's no need for a long term holders to stick their eyes on price movement because that could act as a distraction toward their goal of holding for the lengthy period that they've first scheduled. Though those who use buying the dip alongside DCA strategy may observe market price and buy at the dip probably every week but even if they don't see their anticipated dip they can just buy at any price level before the weeks runs out but this strategy is not for the newbies which is why DCA is the best strategy because it cuts across all level of experience and it doesn't discriminate any price level to accumulate unlike buying the dip or other strategies that has to do with waiting.

[Loyang]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

That is the fact. As far as someone doesn't always have much discretionary funds coming always and they have not accumulated a lot bitcoin is a bad idea for  such to want wait for more dip.so they are focus should be on accumulating without trying to hold back any money for further dip but just focus on buying.If someone tries to practice that, they will find it hard to build a good portfolio.The only thing they can do is to make use of the DCA strategy, but not wait for more dips, especially if they are an early investor who hasn't accumulated a reasonable amount of Bitcoin.

New Bitcoin investors shouldn't try to keep some discretionary funds just to get the dip. Otherwise, they can easily turn into traders by waiting for a dip. Even if they are lucky, they may think that when Bitcoin pumps, they will just wait for another dip, which is very wrong. They can keep doing that, but in the end, they might not build much in their portfolio.

I am just suggesting that there is a lot of waste of time and energy to be focusing on prices rather merely making sure that regularly buying is heppening.. perhaps weekly is good, but of course there is a need to make sure that there is sufficient income to be able to buy every single week..

I totally agree with you on this, Waiting for a dip might seem like a good idea, but for new investors or for those who don’t have a ton of discretionary income, it’s more of a risk than it’s worth. The mindset should really be on consistent accumulation, especially in the beginning stages.  DCA Dollar Cost Averaging is honestly the best strategy for most people in that boat. If you're trying to time the market, you might end up missing out on the real opportunities and not building your portfolio as much as you like. The idea is to get in, stay consistent, and not get too caught up in waiting for the actual moment. Bitcoin’s long-term potential is what matters most.

Waiting for the price of Bitcoin to go down is not a good idea at all. A person should always keep buying continuously. Those who do not have much discretionary income can continue buying by adopting the DCA method based on their discretionary income. You can invest even $5 through the DCA method. But a person should keep buying continuously until his portfolio building goal is met.

[Regardme]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Yu kw, if you have $10k in pure discretionary income and no pressure elsewhere, going in heavy during a dip might not be a bad move.. But here is the thing, that approach assumes this dip is the bottom, and no one really knows that.

This is why i would say DCA is still the best approach over all. It removes the guesswork. You don’t even have to stress about whether now is the perfect time. You just stay consistent, and over time, your average cost balances out. That kind of peace of mind is underrated...

yu kw, you don’t have to pick one side. but would advise you consider DCA, bcus If I were in your shoes with $10k right now, I wound probably put in like around $3k–$5k if I feel the market is offering a solid discount, but i would still hold back some to DCA over the next few months. With that, if the price drops more, I will not be stuck watching from the sidelines.

So no, DCA is not just for people with little money, it is for anyone who wants to avoid emotional mistakes. Whether investing $100 or $10,000, having a plan that lets you stay calm matters more than anything.

Are you trying to say that if the market isn’t offering a solid discount, you won’t buy Bitcoin? Talking of holding back some as you said isn’t a bad idea, what the purpose of holding it back makes it look bad. I feel there’s no time that one buys Bitcoin that isn’t a good time.

For me, I see no reason holding back some funds because you want to use it for DCAing for the next few months as you said, this few months can be 12months or more, depending on how you want to split it. Now Bitcoin might reach ATH in just 1 month or so, then it keeps rising and rising. At that point, don’t you think you’ve made a little mistake by not buying with all that funds, because that might be the only dip you’ve been expecting to happen.

Come to think of it this way, what if you hold back some and it happens that bitcoin doesn’t dip rather keeps soaring high thereby making you wait in vain for a dip that might not happen. I see nothing wrong in buying Bitcoin with all that money, it helps you accumulate more supposing you have a stable source of income, that would help you build a discretionary funds and allow you to embrace the DCA strategy of buying.

[Platinumys]

I totally agree with you on this, Waiting for a dip might seem like a good idea, but for new investors or for those who don’t have a ton of discretionary income, it’s more of a risk than it’s worth. The mindset should really be on consistent accumulation, especially in the beginning stages.  DCA Dollar Cost Averaging is honestly the best strategy for most people in that boat. If you're trying to time the market, you might end up missing out on the real opportunities and not building your portfolio as much as you like. The idea is to get in, stay consistent, and not get too caught up in waiting for the actual moment. Bitcoin’s long-term potential is what matters most.

Please clarify here whether you are talking about investment or savings. I think you are confusing investment and savings. You can save your money in a bank or any other NGO if you want, but if you want to invest in Bitcoin, you have to plan differently. When a person saves, there is no risk to his money as a result of saving, but when an investor invests in Bitcoin, he has to take some risk of money. I mean, it sounds a bit bad to know about certain things in advance and then get involved in investment. If you want to invest in Bitcoin, then you must take some risk of money because no one will ever give you such a guarantee that if you invest in Bitcoin, you will definitely get a return on your money. Profit from investing in Bitcoin is possible if you are a patient person and you can invest consistently and hold your investment for a long time. If you accept all this and can invest in Bitcoin consistently and hold your investment for a certain period of time, then you start investing. 

Another thing is that the DCA investment strategy for investing is actually very effective and simple, so you can follow this strategy if you want.

[ZeroVinsonN]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

Agreed, a newbie in bitcoin investment trying to save up for a DIP when they can just keep buying doesn't seem like the best of idea, even more so when their discretionary income is also on the low side, buying the dip is good when you already have a good stash of bitcoin and you are already a veteran investor and still DCAing if you want to,

That is why is advisable to newbies using dollar cost average (DCA) to accumulate bitcoin from the market, and it will allow such newbies to gain access to huge amount of income in the bullish season, I believe we all notice that the price of bitcoin has dropped down to $115k few hours ago which is another opportunity for investors using this Dollar cost average (DCA) to make use of the opportunity in this low price to increase the amount of funds they are using weekly or monthly to accumulate bitcoin, but never you be in a competition with anybody in bitcoin investment because your financial status is different from other investors, invest what you can afford to lose in bitcoin investment which is my advice to newbies.

This is all too contradictory and confusing, Increasing the amount of money used for investing because of a price dip isn't DCAing, it's simply just buying the DIP, buying the dip isn't wrong if you have the discretionary funds necessary to back up the plan, waiting for a dip to happen before you buy is a different story especially for a newbie, for them waiting become a gambling habit pushing them towards trading, i mean if a newbie has to wait for a dip before buying then the chances of that newbie selling once the price goes up becomes very high.
For DCA, increasing your investment depends on whether there had been an increase in your discretionary income and not on whether there has been a bitcoin price dip, please don't confuse the two.

[Tonimez]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Yu kw, if you have $10k in pure discretionary income and no pressure elsewhere, going in heavy during a dip might not be a bad move.. But here is the thing, that approach assumes this dip is the bottom, and no one really knows that.

This is why i would say DCA is still the best approach over all. It removes the guesswork. You don’t even have to stress about whether now is the perfect time. You just stay consistent, and over time, your average cost balances out. That kind of peace of mind is underrated...

yu kw, you don’t have to pick one side. but would advise you consider DCA, bcus If I were in your shoes with $10k right now, I wound probably put in like around $3k–$5k if I feel the market is offering a solid discount, but i would still hold back some to DCA over the next few months. With that, if the price drops more, I will not be stuck watching from the sidelines.

So no, DCA is not just for people with little money, it is for anyone who wants to avoid emotional mistakes. Whether investing $100 or $10,000, having a plan that lets you stay calm matters more than anything.

Are you trying to say that if the market isn’t offering a solid discount, you won’t buy Bitcoin? Talking of holding back some as you said isn’t a bad idea, what the purpose of holding it back makes it look bad. I feel there’s no time that one buys Bitcoin that isn’t a good time.

For me, I see no reason holding back some funds because you want to use it for DCAing for the next few months as you said, this few months can be 12months or more, depending on how you want to split it. Now Bitcoin might reach ATH in just 1 month or so, then it keeps rising and rising. At that point, don’t you think you’ve made a little mistake by not buying with all that funds, because that might be the only dip you’ve been expecting to happen.

Come to think of it this way, what if you hold back some and it happens that bitcoin doesn’t dip rather keeps soaring high thereby making you wait in vain for a dip that might not happen. I see nothing wrong in buying Bitcoin with all that money, it helps you accumulate more supposing you have a stable source of income, that would help you build a discretionary funds and allow you to embrace the DCA strategy of buying.

Holding back available money with intention of using it up gradually in DCA approach is so wack. You have an available funds, instead of investing it you now spread it along still in fiat, that's a financial mistake already. The said fiat money is vulnerable to devaluation weekly if not daily. Same amount may never get you equal amount of bitcoin in the next DCA period. DCA is planned with your next possible discretionary income to enable you make good application of the money without avoidable financial losses or unnecessary spendings. You can choose to hold for dip sake which is not also guaranteed to happen. But the best practice would be channelling such money into aggressive buys if you're sure to have taken care of all your responsibilities and saved your emergency funds and back up funds.

[Jewan420]

Holding back available money with intention of using it up gradually in DCA approach is so wack. You have an available funds, instead of investing it you now spread it along still in fiat, that's a financial mistake already. The said fiat money is vulnerable to devaluation weekly if not daily. Same amount may never get you equal amount of bitcoin in the next DCA period. DCA is planned with your next possible discretionary income to enable you make good application of the money without avoidable financial losses or unnecessary spendings. You can choose to hold for dip sake which is not also guaranteed to happen. But the best practice would be channelling such money into aggressive buys if you're sure to have taken care of all your responsibilities and saved your emergency funds and back up funds.

Yes, you are right. We should never hoard our available discretionary money for investment. Rather, being aggressive in investing with that money should be a good use of money. In this case, you need to ensure that it is prudent money and you have adequate backup (emergency fund, reserve fund, floating fund and required funds) funds. In such a situation, if you have selected the extra money for investment, then do not keep it in fiat or stable money for a long time. Because you may miss out on good opportunities to buy.

For DCA, you can depend on a regular source of income and you can determine the duration of DCA depending on the source of income. If you have extra discretionary funds outside DCA, then it may be a good move to be aggressive in investing immediately with that.

[Lanatsa]

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Are you trying to say that if the market isn’t offering a solid discount, you won’t buy Bitcoin? Talking of holding back some as you said isn’t a bad idea, what the purpose of holding it back makes it look bad. I feel there’s no time that one buys Bitcoin that isn’t a good time.

For me, I see no reason holding back some funds because you want to use it for DCAing for the next few months as you said, this few months can be 12months or more, depending on how you want to split it. Now Bitcoin might reach ATH in just 1 month or so, then it keeps rising and rising. At that point, don’t you think you’ve made a little mistake by not buying with all that funds, because that might be the only dip you’ve been expecting to happen.

Come to think of it this way, what if you hold back some and it happens that bitcoin doesn’t dip rather keeps soaring high thereby making you wait in vain for a dip that might not happen. I see nothing wrong in buying Bitcoin with all that money, it helps you accumulate more supposing you have a stable source of income, that would help you build a discretionary funds and allow you to embrace the DCA strategy of buying.

Holding back available money with intention of using it up gradually in DCA approach is so wack. You have an available funds, instead of investing it you now spread it along still in fiat, that's a financial mistake already. The said fiat money is vulnerable to devaluation weekly if not daily. Same amount may never get you equal amount of bitcoin in the next DCA period. DCA is planned with your next possible discretionary income to enable you make good application of the money without avoidable financial losses or unnecessary spendings. You can choose to hold for dip sake which is not also guaranteed to happen. But the best practice would be channelling such money into aggressive buys if you're sure to have taken care of all your responsibilities and saved your emergency funds and back up funds.

Actually it would be that situational yet not all would be having that kind of financial capacity on which they can be able to buy up whenever the market do make out some correction or dip. Usually they would be having that one time big time buying chance or they would be doing all in rather than on making up some DCA and thats why they would be that waiting for the very deep dip before they do take up actions but the question is, when it would happen? No one really knows yet this market is always been that unpredictable. There's no way that we can be able to tell ahead on what would happen but considering that we've been trying out to become a long term investor then the only thing we can do is to hold up for years and thats why accumulation whenever there's price dip has always been ideal or the best shot that we can be able to take on. Speaking about keeping your fiat money then it would be that indeed having that devaluation on which if you are someone who do think about long term then you do know on what you should gonna do.

Always make it sure that you do make use of the amount on which you can afford to lose or something which is extra. You cant be able to find yourself having that kind of confidence or too much stressful if you do invest into the amount on which you can afford to lose and just that solely focusing on making up profits. You arent thinking about on the risks involved towards it. One reason on why people do hesitate up that much when it comes to DCA is that they are that not confident about into crypto investment or they are just that wanting to see up the deepest price or lets say they are just that being too scared to buy when everyone is that on great fear. It is that very challenging on this time when you do make out such decisions on which you dont even know or sure on what you should gonna because the primary thing that comes up into your head is that the price might even go down lower at the time that you would be buy or making up some entry.

[POPOLUV]

If you have a basic idea before investing, especially how to store it in a safe wallet, I think you can start investing regularly from then.

Learning about safe wallets to store your bitcoin is good and important because at some point you will need to store your bitcoin in a bitcoin wallet, and if you don't know the right wallet to store your bitcoin, you might store your bitcoin in a wrong bitcoin wallet, which could cause you to lose your bitcoin. But I think there are things that are more important to learn than learning about Bitcoin wallets at the beginning of your investment, and they include figuring out if you will have discretionary income to invest in Bitcoin and how much of your discretionary income you will invest into Bitcoin so that you will not invest more than your discretionary income into Bitcoin and end up selling your Bitcoin too early. After you have started accumulating Bitcoin, then you can learn anything you want to know about Bitcoin.

I totally agree with you that there are things that are more important to learn than learning about Bitcoin wallets at the beginning of your investment, that is why i always advise  newbies over time that at your earliest stage of your Bitcoin journey it is always advisable to learn everything that you needed to know about Bitcoin investments before being in a hurry of selecting a wrong wallet that you can use to store your Bitcoin because Bitcoin is not what you can practice what you don't have the full knowledge about and money is involved on the process, so to avoid losing of money on the process of practicing what you don't have knowledge about is better to learn how to store in a safe wallet than losing all your money in wrong wallet.

[ZeroVinsonN]

Actually it would be that situational yet not all would be having that kind of financial capacity on which they can be able to buy up whenever the market do make out some correction or dip. Usually they would be having that one time big time buying chance or they would be doing all in rather than on making up some DCA and thats why they would be that waiting for the very deep dip before they do take up actions but the question is, when it would happen? No one really knows yet this market is always been that unpredictable. There's no way that we can be able to tell ahead on what would happen but considering that we've been trying out to become a long term investor then the only thing we can do is to hold up for years and thats why accumulation whenever there's price dip has always been ideal or the best shot that we can be able to take on. Speaking about keeping your fiat money then it would be that indeed having that devaluation on which if you are someone who do think about long term then you do know on what you should gonna do.

Always make it sure that you do make use of the amount on which you can afford to lose or something which is extra. You cant be able to find yourself having that kind of confidence or too much stressful if you do invest into the amount on which you can afford to lose and just that solely focusing on making up profits. You arent thinking about on the risks involved towards it. One reason on why people do hesitate up that much when it comes to DCA is that they are that not confident about into crypto investment or they are just that wanting to see up the deepest price or lets say they are just that being too scared to buy when everyone is that on great fear. It is that very challenging on this time when you do make out such decisions on which you dont even know or sure on what you should gonna because the primary thing that comes up into your head is that the price might even go down lower at the time that you would be buy or making up some entry.

DCAing only makes sense when you are investing in bitcoin since most shitcoins will end up losing value the longer you hodl them as opposed to bitcoin that gains more value the longer an investor HODLs.
I thought you were making some valid points until I saw that you whole write-up was about crypto investments and not just bitcoin but altcoins too, I'm not sure why you are saying all this but advising investor to invest in crypto using the DCA is misleading as they might not understand that you mean bitcoin and not shitcoins so being more specific send the right message.
Plus this is a bitcoin thread, and the discussions here are about bitcoin specifically so we shouldn't derail and start using vague terms like crypto if we are specifically talking about bitcoin.