Buy Buy Buy or Sell Sell Sell?

[ZeroVinsonN]

regrets after selling Bitcoin mostly happens because no one can perfectly predict the coin market.
Prices move up and down it's just based on supply demand and sentiment.if after buying,the price goes down immediately just wait untill it's goes up if you are not urgently in need of money at the time,you just can't predict this things.but it's always save to buy coins when the prices drop .

Your statement here is wrong, Being urgently in need of money should not be the determinant for selling bitcoin, people regret selling bitcoin because they sold early and because they chose to trade with bitcoin rather than invest in it which is a financial mistake, no one should be trading with bitcoin on any normal circumstance instead just keep accumulating with DCA, waiting for the DIP when you can DCA is also a financial mistake as it shows a tendency to sell immediately the price goes back up so don't be telling people it's okay to sell if they are urgently in need of money, this is why having an emergency fund in important as an investor so you don't ever have to sell too early.

First of all, anyone that feels like because he is urgently in need of money, his Bitcoin holdings is the only option , so he has to sell to have money, it's either that person is not investing with his discretionary income or he has no emergency or reserve funds in place that protects his Bitcoin investment, because if he is truly during the right thing, their is no way his Bitcoin holdings will be the first financial casualty just because he is in serious need of money.
So it's either the said fellow is not  investing with his discretionary income or he did not put down measures to safeguard his investment like having an emergency  or reserve funds in place for the rainy days.

People still keep making the mistake of investing in bitcoin outside of their discretionary income and fail to set up emergency funds along the way of their investment, this usually puts them in a tight spot which is usually impossible for them to get out of, anyone investing in bitcoin should invest with their discretionary income and should always consider setting up an emergency funds just incase things go off the rails.

The best time for buying is at low price and I think if you sell your coins with profit then you should not regret after Fluctuations in coin price because you have already taken your profit so ready to make another step instead of regret about past.

If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

regrets after selling Bitcoin mostly happens because no one can perfectly predict the coin market.
Prices move up and down it's just based on supply demand and sentiment.if after buying,the price goes down immediately just wait untill it's goes up if you are not urgently in need of money at the time,you just can't predict this things.but it's always save to buy coins when the prices drop .

Your statement here is wrong, Being urgently in need of money should not be the determinant for selling bitcoin, people regret selling bitcoin because they sold early and because they chose to trade with bitcoin rather than invest in it which is a financial mistake, no one should be trading with bitcoin on any normal circumstance instead just keep accumulating with DCA, waiting for the DIP when you can DCA is also a financial mistake as it shows a tendency to sell immediately the price goes back up so don't be telling people it's okay to sell if they are urgently in need of money, this is why having an emergency fund in important as an investor so you don't ever have to sell too early.

You are correct to point out the issue ZeroVinsonN since each of us should be striving to set up our finances and our psychology in such a way that we are not feeling urgent about money, and we should be attempting to put cash cushions between our bitcoin and our weekly/monthly expenses so that we may well not need to sell any bitcoin for 4-10 years or longer after we buy them.  

Jumping straight to selling bitcoin when in financial constraint just shows that the investor is not really an investor, preparedness is one quality an investor should have, they should always make provisions for situations like this one where they need money urgently, these provisions are there to make sure their investments aren't touched during the duration of their financial need

Once we establish a large enough bitcoin stash, then perhaps at that point, we might start to sell bitcoin from time to time, yet if we build our bitcoin stash, it would most likely take longer than 4 years before we might start to feel that we might be in a position to start to be able to sell some bitcoin, even if we might have had gotten to overaccumulation (and/or front loaded our bitcoin investment) earlier in the process.

Exactly, an investor should only sell parts of his bitcoin when they are ready to sell and this happens when they have accumulated for the right period of time which will take years to get to as building the up your investment in bitcoin won't work on the short term, waiting for a few cycles gives the investor a better standing point from which to start selling which means that their sales are never made unexpectedly.

It may well be that Youngrebel is thinking about bitcoin as a trade rather than as an investment, so bitcoin becomes more scary when it is considered in that kind of a way - especially since bitcoin tends to be so volatile, which is another one of the reasons that frequently we need to build a cushion of funds between our regular money for expenses and our bitcoin that hopefully we are building until it gets to a large enough status that we might start to feel comfortable selling some of it from time to time.  

Guys who consider bitcoin as a trade might never get to status of feeling comfortable with their bitcoin because they are ongoingly considering when to get in and/or when to get out.

That would most likely be the case here, but thinking about bitcoin as a trade only makes sudden changes in price seem like winning a jackpot or a death sentence depending on which way the price swings, bitcoin should not be approached like this, people going into bitcoin should do so with investment being the sole reason in their minds

[Tungbulu]

The best time for buying is at low price and I think if you sell your coins with profit then you should not regret after Fluctuations in coin price because you have already taken your profit so ready to make another step instead of regret about past.

If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

regrets after selling Bitcoin mostly happens because no one can perfectly predict the coin market.
Prices move up and down it's just based on supply demand and sentiment.if after buying,the price goes down immediately just wait untill it's goes up if you are not urgently in need of money at the time,you just can't predict this things.but it's always save to buy coins when the prices drop .

Your statement here is wrong, Being urgently in need of money should not be the determinant for selling bitcoin, people regret selling bitcoin because they sold early and because they chose to trade with bitcoin rather than invest in it which is a financial mistake, no one should be trading with bitcoin on any normal circumstance instead just keep accumulating with DCA, waiting for the DIP when you can DCA is also a financial mistake as it shows a tendency to sell immediately the price goes back up so don't be telling people it's okay to sell if they are urgently in need of money, this is why having an emergency fund in important as an investor so you don't ever have to sell too early.

You are correct to point out the issue ZeroVinsonN since each of us should be striving to set up our finances and our psychology in such a way that we are not feeling urgent about money, and we should be attempting to put cash cushions between our bitcoin and our weekly/monthly expenses so that we may well not need to sell any bitcoin for 4-10 years or longer after we buy them.  

Once we establish a large enough bitcoin stash, then perhaps at that point, we might start to sell bitcoin from time to time, yet if we build our bitcoin stash, it would most likely take longer than 4 years before we might start to feel that we might be in a position to start to be able to sell some bitcoin, even if we might have had gotten to overaccumulation (and/or front loaded our bitcoin investment) earlier in the process.

It may well be that Youngrebel is thinking about bitcoin as a trade rather than as an investment, so bitcoin becomes more scary when it is considered in that kind of a way - especially since bitcoin tends to be so volatile, which is another one of the reasons that frequently we need to build a cushion of funds between our regular money for expenses and our bitcoin that hopefully we are building until it gets to a large enough status that we might start to feel comfortable selling some of it from time to time.  

Guys who consider bitcoin as a trade might never get to status of feeling comfortable with their bitcoin because they are ongoingly considering when to get in and/or when to get out.

Yeah, you're absolutely correct. A lot of investors find it difficult to build that cushion between their personal finances and their Bitcoin portfolio, but once they learn to do this, it totally transforms their perspective about HODLING. Instead of constantly worrying about the market's temporary fluctuations, they'll be able to sit, relax and actually treat Bitcoin as the long term investment that it actually is. People don't mostly tend to be worry about the short term fluctuations when you're in charge of your personal finances, know your bills and have all your living expenses completely covered from other sources. When investors have that extra space, it gives them the flexibility and freedom to actually HODL their Bitcoin patiently and confidently, and if you ask me, I'd say that mental shift is just as profitable as the actual gain from the investment.

It's almost impossible for folks to avoid feeling that pressure that comes with market volatility in the absence of that buffer,  because you can't help but have that feeling that your immediate security is going down the drain with every little dip that hits the market, and this has the potential to birth drastic and rash decisions. But when you structure your finances, putting yourself in a position where you won't feel the need to tamper with your Bitcoin investment for years if you really don't want to. This way, short term fluctuations becomes less of a concern or threat to you but rather an opportunity. When there's a dip in the market, you no longer feel the pressure or feel like your money is washing down the drain, and whenever there's a bullish trend, you equally don't feel the need to dump and sell off everything to lock in some profits, rather, it's more of an affirmation of why you're Investing in Bitcoin in the first place. Although this isn't a perspective that every investor has in their early days, it's something that comes naturally with time, and of course with putting that financial cushion cover in place.

I also think that you're spot on about your thoughts on the difference between considering Bitcoin as a trade and as an investment. Folks who consider and approach Bitcoin with that trader's mindset often get too obsessed about so many things, such as timing the market. They're always like, "is this the best time to buy? Is this actually the next big move? What if I buy now and miss the move?" With such thinking, individuals tend to always keep themselves on the edge, because like we already know, the market is mostly unpredictable and there's no way folks can always get the timing right. But when you choose to flip that mindset to accumulating and building wealth for the long term, you kinda set yourself free from always feeling that anxiety and transcend into a more liberated approach, there'll be no more need to stress about timing the market, just buy and HODL, as simple as that.
And as you proceed, the approach provides you with more security and more peace of mind. You'll be in charge of every decision you make about your investment, rather than being at the mercy of the market. And when one eventually reaches a state of overaccumulation, like you mentioned, they'll definitely have the luxury to consider diversification, that's if they really wish to, without actually having to go through any form of pressure. At this point, selling of Bitcoin becomes optional, rather than a necessity.

[Alonso_]

I reported that cited post for being off topic and not even attempting to relate the information in the post to bitcoin, yet I am not sure if the mods will delete the post or not..

Usually if a member is shilling something off topic, it is not good to quote them (to give them more eyes on their post), even if you are stating opposition to their post.

That is true, most of this people who comes up here to talk about shitcoins doesn’t deserve any audience whatsoever here, and it’s off topic and that post is meant to be brought down immediately by the moderator, I’m still new here and post like that can be considered misleading, and I’m here to learn, there is no reason whatsoever someone that is also newbie like I am, will come here to bring up something that isn’t part of this thread, I think he probably doesn’t know what bitcoin is, and he is meant to learn, and also trying to go through the rules of engagement here.

[Cossyblack]

Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.

Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.

Well, there might be instances where an investor has a robust finance that allows him to try out multiple of strategies that might still incorporate both buying the DIP when there's the need to and still retaining the normal DCA plan one has been working with. If an investors budget can effectively allow for such, then why not, it's possible to plan for the DIP and still buy with it, but it should be that you're not using that as an excuse for not being consistent with your buys.

The simple rule is to do what works for you and ensure you're following it up to the latter and that you're building your portfolio to becoming stronger and stronger through the process. In most cases, waiting to buy the DIP most expecially if you're just a retail investor that has a limited budget always stands to keep you limited from reaching your goal fast enough. That's the constraint that comes with it and the reason why it's not the best to opt for buying the DIP when you can DCA and still get the opportunity of buying at different prices along your DCA phases.

You're very correct. Any investor who can maintain his DCA approach very strictly has already scored high in his investments process. Dip happens to all no matter your strategy. The elite investors who buy by lump-sum still try to buy at dip likewise those people into DCA method. As far as you have Discretionary income, you can buy bitcoin at anytime between your DCA points. Most aggressive buys happen at dips even though it's not limited to dips.

In all your investments, as long as you intend to hold your bitcoin stash for a long time, you have to be conscious of not overdoing your aggressiveness for the sake of the safety of your bitcoin. Monitor your finances and be sure to attend to your responsibilities. Some people stress life out of themselves in order to buy aggressively which is not good.

Bitcoin should actually be bought with money that will last you for all your needs . Besides, buying it with any other money and investing with it will put pressure on you. This can upset your mental state. Investing with an emergency fund makes it much easier to invest. But investing without an emergency fund increases the risk and there is a high chance of losing your investment.

Step-by-step investment or DCA strategy. Even if you invest with the DCA strategy, it is better to have a backup fund. And through the DCA strategy, you can also deposit BTC, then make long-term plans. In long-term investments, you have to face many difficult reality tests. However, only once you pass it, you and your investment are successful.

I think you should have used the word "discretional income" for simple understanding to your text for the sake of newbies. Aside from that,when it comes to buying of Bitcoin,it becomes wrong if you start Using money meant for your important needs to buy Bitcoin because pressing needs that should have been taken care of but was ignored will inturn start hitting back at you. Better still to avoid issues like this, your personal needs should be taken care of and any extra cash that is left after taking care of your personal expenses for that week is your discretional income which is to be used to buy Bitcoin for that week.

Secondly, When you don't have an Emergency fund that should serve as your safe haven for your investments also increases the chances and possibility of you loosing your bitcoin investment. It is very important to have an Emergency funds for the purposes of protecting your bitcoin investment from any unforseen harm.

[Zackz5000]

Investing with an emergency fund makes it much easier to invest.

I don't understand what you mean do you mean we should invest with our emergency fund or we shouldn't make investment without having an emergency fund? It is important to note that investing in Bitcoin with your emergency fund is not the right method to use when accumulating Bitcoin it is expected to use your discretionary income while emergency fund is to take care of your unexpected challenges in case it occur you won't have the thought of selling your Bitcoin to resolve the unforseen circumstances, also you can also get started with your Bitcoin investment if you have your discretionary income ready even though your emergency is not yet ready then gradually you can start setting up your emergency fund.

[avp2306]

I reported that cited post for being off topic and not even attempting to relate the information in the post to bitcoin, yet I am not sure if the mods will delete the post or not..

Usually if a member is shilling something off topic, it is not good to quote them (to give them more eyes on their post), even if you are stating opposition to their post.

That is true, most of this people who comes up here to talk about shitcoins doesn’t deserve any audience whatsoever here, and it’s off topic and that post is meant to be brought down immediately by the moderator, I’m still new here and post like that can be considered misleading, and I’m here to learn, there is no reason whatsoever someone that is also newbie like I am, will come here to bring up something that isn’t part of this thread, I think he probably doesn’t know what bitcoin is, and he is meant to learn, and also trying to go through the rules of engagement here.

Maybe they see the number of audience on this thread that's why this shills insert and try to promote their shitcoin.

But for sure I believe people here especially those long time holders are not buying their shitcoins and will just focus on their accumulation.

We provably know what's better and those tokens they have mentioned would provably collapsed the same with others. So better move on and don't entertain that post since its just a waste of time and better to focus further on more valuable discussions and good opinions about what other people shared in this thread about their accumulation or Bitcoin holdings.

[sotelorene]

Solana is projected to hit the range of between $300 - $600 before the year runs out. The main question is, is this achievable within the remaining 4 months plus of 2025? The case scenario of Sol price prediction pumping during the Altcoin + Alpenglow upgrade and ETF approval is around $300 - $600 this year. The reason for this surge in price of Sol will be
* Play Solana Gen1 console launch which is around October
* Alpenglow upgrade goes live
* DeFi, NFT and AI growth
* VanEck ETF filing pending SEC decision
* Over 585,000 SOL has recently been staked across validators to further removing tokens from circulation and reinforcing network security

The duel trend of holding + staking is a powerful bullish signal. The circulating supply   is reduced by whales accumulation and staking.

Dude, I think you are at the wrong place and at same time passing irrelevant information because this is not where this post is meant to be, there is board for altcoins and Solana happens to be one of them so I will suggest and advise you don't make this kind of post here for the sake of newbie who doesn't know anything because it will make them do the wrong thing thinking they are doing the right thing because of where they get this information in other words, go to where this kind of post are welcome and needed. Bitcoin is our major discussion here, how to accumulate it, hold it for long using a convenient strategy and making sure our discretionary and emergency funds are safe and good to enable healthy investment.

[G_Besar]

~~~

That is true, most of this people who comes up here to talk about shitcoins doesn’t deserve any audience whatsoever here, and it’s off topic and that post is meant to be brought down immediately by the moderator, I’m still new here and post like that can be considered misleading, and I’m here to learn, there is no reason whatsoever someone that is also newbie like I am, will come here to bring up something that isn’t part of this thread, I think he probably doesn’t know what bitcoin is, and he is meant to learn, and also trying to go through the rules of engagement here.

For those who don't understand the topic of this thread, it's important to direct it properly so that their discussion doesn't stray off course. Because the discussion here is more about buying Bitcoin and also trying to invest in Bitcoin more consistently over a longer period of time, things unrelated to Bitcoin are less appropriate for discussion here. And those of you who are familiar with the topic of this thread should also be willing to offer the best advice to those who don't understand Bitcoin and the direction of the discussion here so that everyone can have consistent opinions.

Given the current situation, both novice and established investors should continue aggressively buying Bitcoin before it soars to much higher prices next month. Those still using the DCA method should also remain enthusiastic about buying Bitcoin, as conditions are currently favorable for all buyers, as they can secure Bitcoin at $108,000.

[Silikiem]

Given the current situation, both novice and established investors should continue aggressively buying Bitcoin before it soars to much higher prices next month. Those still using the DCA method should also remain enthusiastic about buying Bitcoin, as conditions are currently favorable for all buyers, as they can secure Bitcoin at $108,000.

Fair enough, the goal is to remain consistent in accumulation of bitcoin using your discretionary income and hold for the long term goal and at such you don’t necessarily need to put yourself in some kind of pressure just to buy aggressively now because you feel that the price is favorable now. It’s mostly advisable to accumulate with your discretionary income or better still When you’re able to figure out a discretionary income and not to use because of the facts that the price is favorable now and you want to be aggressive to accumulate more with the money meant to sort out your other financial obligations or needs, you could be putting yourself in some serious financial crisis in the future. And I still don’t share the  sentiment as to the idea of buying aggressively now before it soar to much higher prices next month because I believe that there’s no time I can’t buy bitcoin no matter the price, all I need to do is to focus on how to figure out a discretionary income and accumulate. Yes, there’s a possibility that bitcoin price will continue to rise even though the price goes down at some point, but using next month as a yard stick to when the price will rise, instead of saying in the nearest future is kind of misleading because there’s also a possibility that the bitcoin price could still go lower next month.

[Grace333]

Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.

Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.

Well, there might be instances where an investor has a robust finance that allows him to try out multiple of strategies that might still incorporate both buying the DIP when there's the need to and still retaining the normal DCA plan one has been working with. If an investors budget can effectively allow for such, then why not, it's possible to plan for the DIP and still buy with it, but it should be that you're not using that as an excuse for not being consistent with your buys.

The simple rule is to do what works for you and ensure you're following it up to the latter and that you're building your portfolio to becoming stronger and stronger through the process. In most cases, waiting to buy the DIP most expecially if you're just a retail investor that has a limited budget always stands to keep you limited from reaching your goal fast enough. That's the constraint that comes with it and the reason why it's not the best to opt for buying the DIP when you can DCA and still get the opportunity of buying at different prices along your DCA phases.

You're very correct. Any investor who can maintain his DCA approach very strictly has already scored high in his investments process. Dip happens to all no matter your strategy. The elite investors who buy by lump-sum still try to buy at dip likewise those people into DCA method. As far as you have Discretionary income, you can buy bitcoin at anytime between your DCA points. Most aggressive buys happen at dips even though it's not limited to dips.

In all your investments, as long as you intend to hold your bitcoin stash for a long time, you have to be conscious of not overdoing your aggressiveness for the sake of the safety of your bitcoin. Monitor your finances and be sure to attend to your responsibilities. Some people stress life out of themselves in order to buy aggressively which is not good.

DCA is honestly one of the cleanest ways to stay consistent without stressing too much about timing, because at the end of the day nobody can really catch the market perfectly.. The dip strategy and lump sum buyers still face the same reality volatility… What really matters is building that BTC steadily and not losing sight of the bigger picture. That is where a lot of people mess up, they go too aggressive thinking they will outsmart the market, but it usually backfires.

And you are spot on about not choking yourself financially just to stack BTC. Bitcoin is meant to be a path to freedom, not a burden that makes you stressed over daily life. I feel like the smartest move is finding that balance, stacking hard enough to build real wealth long term, but still keeping your finances in order so you are not panicking over bills. Because if you put yourself in a tight corner, that is when people end up selling what they should have held…

[Mr_Brilliant$]

The best time for buying is at low price and I think if you sell your coins with profit then you should not regret after Fluctuations in coin price because you have already taken your profit so ready to make another step instead of regret about past.

If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

regrets after selling Bitcoin mostly happens because no one can perfectly predict the coin market.
Prices move up and down it's just based on supply demand and sentiment.if after buying,the price goes down immediately just wait untill it's goes up if you are not urgently in need of money at the time,you just can't predict this things.but it's always save to buy coins when the prices drop .

Your statement here is wrong, Being urgently in need of money should not be the determinant for selling bitcoin, people regret selling bitcoin because they sold early and because they chose to trade with bitcoin rather than invest in it which is a financial mistake, no one should be trading with bitcoin on any normal circumstance instead just keep accumulating with DCA, waiting for the DIP when you can DCA is also a financial mistake as it shows a tendency to sell immediately the price goes back up so don't be telling people it's okay to sell if they are urgently in need of money, this is why having an emergency fund in important as an investor so you don't ever have to sell too early.

You are correct to point out the issue ZeroVinsonN since each of us should be striving to set up our finances and our psychology in such a way that we are not feeling urgent about money, and we should be attempting to put cash cushions between our bitcoin and our weekly/monthly expenses so that we may well not need to sell any bitcoin for 4-10 years or longer after we buy them.  

TBH,  If you do not separate your everyday life money from your Bitcoin stack, you will always end up in a desperate situation where you might be forced to sell at the wrong time. I have seen people who could not wait, because the pressure of bills kept dragging them back into fiat, and that is how they lose long term opportunities. Bitcoin is not something you should tie to your daily bread, it should be treated like that long distance project you’re building quietly in the background. The cushion idea is actually the backbone of any serious plan, because without that safety, panic sets in real quick and once panic enters, then all the discipline you thought you had will just fade away…

Once we establish a large enough bitcoin stash, then perhaps at that point, we might start to sell bitcoin from time to time, yet if we build our bitcoin stash, it would most likely take longer than 4 years before we might start to feel that we might be in a position to start to be able to sell some bitcoin, even if we might have had gotten to overaccumulation (and/or front loaded our bitcoin investment) earlier in the process.

You kw, I agree with the idea of only selling after your stash is significant enough. Most people want to rush the process, but they forget that true value takes time. Even after 4 years, for many, it might still not feel right to sell because you know how much higher Bitcoin could still go. But at the same time, once you have front loaded enough or stacked to a certain comfortable level, that is when you can start using a fraction of it without guilt or fear. That is the point where your stack is working for you, not the other way round. The challenge is just getting to that stage, because TBH it is not as easy as it sounds, especially with the temptation to touch it when life throws emergencies…

It may well be that Youngrebel is thinking about bitcoin as a trade rather than as an investment, so bitcoin becomes more scary when it is considered in that kind of a way - especially since bitcoin tends to be so volatile, which is another one of the reasons that frequently we need to build a cushion of funds between our regular money for expenses and our bitcoin that hopefully we are building until it gets to a large enough status that we might start to feel comfortable selling some of it from time to time.  

Guys who consider bitcoin as a trade might never get to status of feeling comfortable with their bitcoin because they are ongoingly considering when to get in and/or when to get out.

And about Bitcoin as a trade than investment, the truth is that, like you said, trading it will always feel scary because you are looking at charts every single day, waiting for entries and exits, trying to predict the next move of price which is almost impossible, and that kind of mindset makes the volatility almost unbearable...   But once you flip your view and treat it as an investment, the noise calms down… Dips stop looking like threats and instead feel like opportunities… That is the difference between those who build real conviction and those who burn out too early… Bitcoin was not designed for weak hands constantly trying to time the market, it rewards patience, not panic….

[Miramax12]

Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.

Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.

Yes it is crucial for any new beginner to fully know the type of investment they are going into. people rush into Bitcoin thinking it’s an easy win without realizing it takes planning and patience. Using money meant for essentials is a major trap seen it happen too often. Having that basic knowledge upfront really does make a difference. And yeah, buying the dip sounds great, but not everyone has the funds to go big when the market drops.

The simple rule is to do what works for you and ensure you're following it up to the latter and that you're building your portfolio to becoming stronger and stronger through the process. In most cases, waiting to buy the DIP most expecially if you're just a retail investor that has a limited budget always stands to keep you limited from reaching your goal fast enough. That's the constraint that comes with it and the reason why it's not the best to opt for buying the DIP when you can DCA and still get the opportunity of buying at different prices along your DCA phases.

You're very correct. Any investor who can maintain his DCA approach very strictly has already scored high in his investments process. Dip happens to all no matter your strategy. The elite investors who buy by lump-sum still try to buy at dip likewise those people into DCA method. As far as you have Discretionary income, you can buy bitcoin at anytime between your DCA points. Most aggressive buys happen at dips even though it's not limited to dips.

In all your investments, as long as you intend to hold your bitcoin stash for a long time, you have to be conscious of not overdoing your aggressiveness for the sake of the safety of your bitcoin. Monitor your finances and be sure to attend to your responsibilities. Some people stress life out of themselves in order to buy aggressively which is not good.

DCA is honestly one of the cleanest ways to stay consistent without stressing too much about timing, because at the end of the day nobody can really catch the market perfectly.. The dip strategy and lump sum buyers still face the same reality volatility… What really matters is building that BTC steadily and not losing sight of the bigger picture. That is where a lot of people mess up, they go too aggressive thinking they will outsmart the market, but it usually backfires.

And you are spot on about not choking yourself financially just to stack BTC. Bitcoin is meant to be a path to freedom, not a burden that makes you stressed over daily life. I feel like the smartest move is finding that balance, stacking hard enough to build real wealth long term, but still keeping your finances in order so you are not panicking over bills. Because if you put yourself in a tight corner, that is when people end up selling what they should have held…

so n people rush into Bitcoin thinking it’s an easy win without realizing it takes planning and patience. Using money meant for essentials is a major trap—seen it happen too often. Having that basic knowledge upfront really does make a difference. And yeah, buying the dip sounds great, but not everyone has the funds to go big when the market drops. That’s where DCA comes in clutch. Consistency over hype any day. Solid message bro.

[Miramax12]

Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.

Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.

Well, there might be instances where an investor has a robust finance that allows him to try out multiple of strategies that might still incorporate both buying the DIP when there's the need to and still retaining the normal DCA plan one has been working with. If an investors budget can effectively allow for such, then why not, it's possible to plan for the DIP and still buy with it, but it should be that you're not using that as an excuse for not being consistent with your buys.

The simple rule is to do what works for you and ensure you're following it up to the latter and that you're building your portfolio to becoming stronger and stronger through the process. In most cases, waiting to buy the DIP most expecially if you're just a retail investor that has a limited budget always stands to keep you limited from reaching your goal fast enough. That's the constraint that comes with it and the reason why it's not the best to opt for buying the DIP when you can DCA and still get the opportunity of buying at different prices along your DCA phases.

You're very correct. Any investor who can maintain his DCA approach very strictly has already scored high in his investments process. Dip happens to all no matter your strategy. The elite investors who buy by lump-sum still try to buy at dip likewise those people into DCA method. As far as you have Discretionary income, you can buy bitcoin at anytime between your DCA points. Most aggressive buys happen at dips even though it's not limited to dips.

In all your investments, as long as you intend to hold your bitcoin stash for a long time, you have to be conscious of not overdoing your aggressiveness for the sake of the safety of your bitcoin. Monitor your finances and be sure to attend to your responsibilities. Some people stress life out of themselves in order to buy aggressively which is not good.

DCA is honestly one of the cleanest ways to stay consistent without stressing too much about timing, because at the end of the day nobody can really catch the market perfectly.. The dip strategy and lump sum buyers still face the same reality volatility… What really matters is building that BTC steadily and not losing sight of the bigger picture. That is where a lot of people mess up, they go too aggressive thinking they will outsmart the market, but it usually backfires.

And you are spot on about not choking yourself financially just to stack BTC. Bitcoin is meant to be a path to freedom, not a burden that makes you stressed over daily life. I feel like the smartest move is finding that balance, stacking hard enough to build real wealth long term, but still keeping your finances in order so you are not panicking over bills. Because if you put yourself in a tight corner, that is when people end up selling what they should have held…

Yes it is crucial for any new beginner to fully know the type of investment they are going into. people rush into Bitcoin thinking it’s an easy win without realizing it takes planning and patience. Using money meant for essentials is a major trap seen it happen too often. Having that basic knowledge upfront really does make a difference. And yeah, buying the dip sounds great, but not everyone has the funds to go big when the market drops.

[IceLincoln]

The best time for buying is at low price and I think if you sell your coins with profit then you should not regret after Fluctuations in coin price because you have already taken your profit so ready to make another step instead of regret about past.

If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

regrets after selling Bitcoin mostly happens because no one can perfectly predict the coin market.
Prices move up and down it's just based on supply demand and sentiment.if after buying,the price goes down immediately just wait untill it's goes up if you are not urgently in need of money at the time,you just can't predict this things.but it's always save to buy coins when the prices drop .

Your statement here is wrong, Being urgently in need of money should not be the determinant for selling bitcoin, people regret selling bitcoin because they sold early and because they chose to trade with bitcoin rather than invest in it which is a financial mistake, no one should be trading with bitcoin on any normal circumstance instead just keep accumulating with DCA, waiting for the DIP when you can DCA is also a financial mistake as it shows a tendency to sell immediately the price goes back up so don't be telling people it's okay to sell if they are urgently in need of money, this is why having an emergency fund in important as an investor so you don't ever have to sell too early.

This is why it’s very important to plan for the rainy days and in bitcoin investment that’s having an emergency fund while you’re accumulating so you don’t have to fall back to sell your holdings under distress and lose out on making better gains. We’ve been discussing about the importance of having an emergency funds and investing using your discretionary money only to avoid situations like this, I just hope guys who are here are learning and practicing this. It’s part of the benefits you get being in this forum and threads like this.

Bitcoin should actually be bought with money that will last you for all your needs. Besides, buying it with any other money and investing with it will put pressure on you. This can upset your mental state. Investing with an emergency fund makes it much easier to invest. But investing without an emergency fund increases the risk and there is a high chance of losing your investment.

Step-by-step investment or DCA strategy. Even if you invest with the DCA strategy, it is better to have a backup fund. And through the DCA strategy, you can also deposit BTC, then make long-term plans. In long-term investments, you have to face many difficult reality tests. However, only once you pass it, you and your investment are successful.

I know you’re still new to the forum going by your account but you should try to make your comments simpler and clearer for better understanding. I saw that some persons had issues understanding what you’re talking about, this is because of the way you placed your words and sentences.

[Proty]

Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.

Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.

Well, there might be instances where an investor has a robust finance that allows him to try out multiple of strategies that might still incorporate both buying the DIP when there's the need to and still retaining the normal DCA plan one has been working with. If an investors budget can effectively allow for such, then why not, it's possible to plan for the DIP and still buy with it, but it should be that you're not using that as an excuse for not being consistent with your buys.

The simple rule is to do what works for you and ensure you're following it up to the latter and that you're building your portfolio to becoming stronger and stronger through the process. In most cases, waiting to buy the DIP most expecially if you're just a retail investor that has a limited budget always stands to keep you limited from reaching your goal fast enough. That's the constraint that comes with it and the reason why it's not the best to opt for buying the DIP when you can DCA and still get the opportunity of buying at different prices along your DCA phases.

You're very correct. Any investor who can maintain his DCA approach very strictly has already scored high in his investments process. Dip happens to all no matter your strategy. The elite investors who buy by lump-sum still try to buy at dip likewise those people into DCA method. As far as you have Discretionary income, you can buy bitcoin at anytime between your DCA points. Most aggressive buys happen at dips even though it's not limited to dips.

In all your investments, as long as you intend to hold your bitcoin stash for a long time, you have to be conscious of not overdoing your aggressiveness for the sake of the safety of your bitcoin. Monitor your finances and be sure to attend to your responsibilities. Some people stress life out of themselves in order to buy aggressively which is not good.

DCA is honestly one of the cleanest ways to stay consistent without stressing too much about timing, because at the end of the day nobody can really catch the market perfectly.. The dip strategy and lump sum buyers still face the same reality volatility… What really matters is building that BTC steadily and not losing sight of the bigger picture. That is where a lot of people mess up, they go too aggressive thinking they will outsmart the market, but it usually backfires.

And you are spot on about not choking yourself financially just to stack BTC. Bitcoin is meant to be a path to freedom, not a burden that makes you stressed over daily life. I feel like the smartest move is finding that balance, stacking hard enough to build real wealth long term, but still keeping your finances in order so you are not panicking over bills. Because if you put yourself in a tight corner, that is when people end up selling what they should have held…

Yes it is crucial for any new beginner to fully know the type of investment they are going into. people rush into Bitcoin thinking it’s an easy win without realizing it takes planning and patience. Using money meant for essentials is a major trap seen it happen too often. Having that basic knowledge upfront really does make a difference. And yeah, buying the dip sounds great, but not everyone has the funds to go big when the market drops.

Before anyone venture into bitcoin investment they should be aware of what they are going into, especially the risk involved in bitcoin investment. So it is good to have a basic knowledge of what bitcoin is before venturing into investing in it. Also about buying the dip may not really sound great as you may think especially for a newbie, waiting for bitcoin to dip before a newbie start accumulating is not a great idea. Continuous accumulation of bitcoin through DCA strategy is really a great idea which I believe will definitely help a newbie in building a good portfolio in bitcoin.

[Joeboy]

Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.

Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.

Well, there might be instances where an investor has a robust finance that allows him to try out multiple of strategies that might still incorporate both buying the DIP when there's the need to and still retaining the normal DCA plan one has been working with. If an investors budget can effectively allow for such, then why not, it's possible to plan for the DIP and still buy with it, but it should be that you're not using that as an excuse for not being consistent with your buys.

The simple rule is to do what works for you and ensure you're following it up to the latter and that you're building your portfolio to becoming stronger and stronger through the process. In most cases, waiting to buy the DIP most expecially if you're just a retail investor that has a limited budget always stands to keep you limited from reaching your goal fast enough. That's the constraint that comes with it and the reason why it's not the best to opt for buying the DIP when you can DCA and still get the opportunity of buying at different prices along your DCA phases.

You're very correct. Any investor who can maintain his DCA approach very strictly has already scored high in his investments process. Dip happens to all no matter your strategy. The elite investors who buy by lump-sum still try to buy at dip likewise those people into DCA method. As far as you have Discretionary income, you can buy bitcoin at anytime between your DCA points. Most aggressive buys happen at dips even though it's not limited to dips.

In all your investments, as long as you intend to hold your bitcoin stash for a long time, you have to be conscious of not overdoing your aggressiveness for the sake of the safety of your bitcoin. Monitor your finances and be sure to attend to your responsibilities. Some people stress life out of themselves in order to buy aggressively which is not good.

DCA is honestly one of the cleanest ways to stay consistent without stressing too much about timing, because at the end of the day nobody can really catch the market perfectly..

Honesttly speaking, No one can perfectly time the market, and that’s why those investors that wait for the perfect dip before buyin,end up not buying at all..... So instead of a guy to keep stressing himself over when to buy or not, he should just keep buying bit by bit(if he has his Discretionary Income)....And over time, this helps him to get a fair average price and removes the pressure of guessing the market or trying to outsmart it.

[JayJuanGee]

Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.

Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.

Well, there might be instances where an investor has a robust finance that allows him to try out multiple of strategies that might still incorporate both buying the DIP when there's the need to and still retaining the normal DCA plan one has been working with. If an investors budget can effectively allow for such, then why not, it's possible to plan for the DIP and still buy with it, but it should be that you're not using that as an excuse for not being consistent with your buys.

The simple rule is to do what works for you and ensure you're following it up to the latter and that you're building your portfolio to becoming stronger and stronger through the process. In most cases, waiting to buy the DIP most expecially if you're just a retail investor that has a limited budget always stands to keep you limited from reaching your goal fast enough. That's the constraint that comes with it and the reason why it's not the best to opt for buying the DIP when you can DCA and still get the opportunity of buying at different prices along your DCA phases.

Those who have a lot of money can invest in different ways if they want. If they do not invest in the right way, there is a high possibility of loss, so everyone should invest in all safe ways. There are many who will not have any problem if they lose a few thousand dollars. Many of them invest in many ways for experimental reasons. But those whose income is limited and only a little money survives as discretionary income at the end of the month. It is never right for them to invest in this way. They should invest in the safest way. Because if they lose even a little money from their limited income, it will have a very bad effect. But many who have limited income want to become rich quickly, so they are more likely to make mistakes. So even if they have a lot of money, everyone should invest in the right way. I think investing in Bitcoin with discretionary income according to its DCA method is the right way.

You are communicating your ideas in a very confusing way SPIDERMAN008.

I think the punchline is that you are saying that poor people need to DCA, which is likely the correct answer but not really for the reasons given.. since you are trying to suggest that poor people cannot afford to lose money - even though we know that there is absolutely no guarantee in bitcoin, and each of us, whether rich or poor should be investing with money that we can afford to lose.

If we cannot afford to lose the money then maybe we don't have enough discretionary income to be investing into bitcoin.

When we invest into bitcoin, then maybe we try to do everything as best as we can, and we lock up money for 4-10 years or longer.. and in order to not panic we should be ongoignly buying bitcoin within our budget, and maybe the BTC price drops 80% or more, and hopefully we keep on investing, even though it is scary to go through such volatility.  Hopefully we are studying bitcoin as we continue to invest into it, whether we are investing $10 per week or some other amount.  We study to see if there might be any reason that we might discontinue.. .and yeah, maybe it is more painful for a poor person to come up withe $10 per week, and they have to deal with their circumstances... since yep there are some folks who might have $2k per week of discretionary income per week,  and they decide to invest $500 per week, and they really are detached from the $500 per week because it is extra money and they have plenty more money to spend every week on whatever they like, even if they might be taking 25% of their discretionary income to invest in bitcoin, and maybe the poor person is taking close to 100% of his discretionary income and the poor person is struggling to put $10 per week into bitcoin.

The poor person is likely going to have to be more organized and make sure to build an emergency fund, and the rich person might already have thousands of dollars in the bank in the event that there is a shortage of funds any week or any months, he also has some other investments, and he could easily get a loan from a bank or maybe mom/dad or his uncle will spot him $20k in the event that he really runs into trouble with his cashflows.  The poor person does not have such resources and/or options, so he is working on trying to get to a place to have more options, so that perhaps after 20 years investing into bitcoin at $10 per week he had invested $520 per year and $5,200 after 10 years and $10,400 after 20 years, and surely it could also be that the poor person might have been able to improve his discretionary income by increasing his income and decreasing his expenses, yet he still has to deal with what he has got and he might not be in a position to improve his discretionary income.

[edited out]

You're very correct. Any investor who can maintain his DCA approach very strictly has already scored high in his investments process. Dip happens to all no matter your strategy. The elite investors who buy by lump-sum still try to buy at dip likewise those people into DCA method. As far as you have Discretionary income, you can buy bitcoin at anytime between your DCA points. Most aggressive buys happen at dips even though it's not limited to dips.

In all your investments, as long as you intend to hold your bitcoin stash for a long time, you have to be conscious of not overdoing your aggressiveness for the sake of the safety of your bitcoin. Monitor your finances and be sure to attend to your responsibilities. Some people stress life out of themselves in order to buy aggressively which is not good.

Many of us consider that it is not necessarily a good idea (especially for poor people) to try to change his level of aggressiveness based on perceptions of a BTC price dip.

But, yeah, of course, people can do whatever they want, even dumb things, yet it seems way better for regular people to be striving towards making sure that their cashflow management is in good order and to try to figure out some way to invest into bitcoin regularly (such as weekly if possible), persistently, consistently, ongoingly and perhaps as aggressive as they can within their budget... so if they are poor maybe they ONLY have around $250 per month of income and if they are frugal maybe they can squeeze out $10 per week for bitcoin investing... there might be some weeks that are more difficult than others, and the person just has to figure out how much to prioritize investing in bitcoin versuss maybe just keeping some of that money in cash since maybe they have some irregularities and they cannot necessarily buy every week and they have to see how much money they have left at the end of the month prior to being able to make their (periodic) BTC investment.

I reported that cited post for being off topic and not even attempting to relate the information in the post to bitcoin, yet I am not sure if the mods will delete the post or not..

Usually if a member is shilling something off topic, it is not good to quote them (to give them more eyes on their post), even if you are stating opposition to their post.

That is true, most of this people who comes up here to talk about shitcoins doesn’t deserve any audience whatsoever here, and it’s off topic and that post is meant to be brought down immediately by the moderator, I’m still new here and post like that can be considered misleading, and I’m here to learn, there is no reason whatsoever someone that is also newbie like I am, will come here to bring up something that isn’t part of this thread, I think he probably doesn’t know what bitcoin is, and he is meant to learn, and also trying to go through the rules of engagement here.

I just went back and looked. It appears that the offensive/shilling post was deleted by a moderator (or maybe by the poster himself?). 

That post was pretty blatant in regards to its shilling of a shitcoin and disrespectful for not even attempting to relate their post to the topic of the thread, yet sometimes some of those kinds of posts are allowed to stay...

If there is a pattern of that kind of posting from newbie members, then sometimes they will get banned or suspended.

[As-Soon-As]

Honesttly speaking, No one can perfectly time the market, and that’s why those investors that wait for the perfect dip before buyin,end up not buying at all..... So instead of a guy to keep stressing himself over when to buy or not, he should just keep buying bit by bit(if he has his Discretionary Income)....And over time, this helps him to get a fair average price and removes the pressure of guessing the market or trying to outsmart it.

The DCA method solves any problem, if you buy Bitcoin according to the DCA method in both the upward and downward directions of the market, then you will definitely save. Why do you want to get involved in extra trouble with yourself, there is no need for market research, you should only focus on your purchase.
In this case, the more Bitcoin you buy, the more you will have the desire to buy more. Because it will help you become more influential and economically successful in the future, investing in Bitcoin according to the DCA method is very enjoyable.

[yixichloro2xx]

[edited out]

You're very correct. Any investor who can maintain his DCA approach very strictly has already scored high in his investments process. Dip happens to all no matter your strategy. The elite investors who buy by lump-sum still try to buy at dip likewise those people into DCA method. As far as you have Discretionary income, you can buy bitcoin at anytime between your DCA points. Most aggressive buys happen at dips even though it's not limited to dips.

In all your investments, as long as you intend to hold your bitcoin stash for a long time, you have to be conscious of not overdoing your aggressiveness for the sake of the safety of your bitcoin. Monitor your finances and be sure to attend to your responsibilities. Some people stress life out of themselves in order to buy aggressively which is not good.

Many of us consider that it is not necessarily a good idea (especially for poor people) to try to change his level of aggressiveness based on perceptions of a BTC price dip.

But, yeah, of course, people can do whatever they want, even dumb things, yet it seems way better for regular people to be striving towards making sure that their cashflow management is in good order and to try to figure out some way to invest into bitcoin regularly (such as weekly if possible), persistently, consistently, ongoingly and perhaps as aggressive as they can within their budget... so if they are poor maybe they ONLY have around $250 per month of income and if they are frugal maybe they can squeeze out $10 per week for bitcoin investing... there might be some weeks that are more difficult than others, and the person just has to figure out how much to prioritize investing in bitcoin versuss maybe just keeping some of that money in cash since maybe they have some irregularities and they cannot necessarily buy every week and they have to see how much money they have left at the end of the month prior to being able to make their (periodic) BTC investment.

For someone with very low income, the smartest move is to stay consistent rather than trying to act extra aggressive every time Bitcoin dips. If they stretch too much, they might end up stressed out or even forced to sell their coins later just to cover basic needs, which defeats the whole point.

That is  why I liked what you said about cashflow, that if someone has their budget in order, then even a small DCA like $10 a week becomes powerful over time. The trick is keeping it sustainable and not letting emotions push them into decisions that don’t fit their financial reality.

Before anyone venture into bitcoin investment they should be aware of what they are going into, especially the risk involved in bitcoin investment. So it is good to have a basic knowledge of what bitcoin is before venturing into investing in it. Also about buying the dip may not really sound great as you may think especially for a newbie, waiting for bitcoin to dip before a newbie start accumulating is not a great idea. Continuous accumulation of bitcoin through DCA strategy is really a great idea which I believe will definitely help a newbie in building a good portfolio in bitcoin.

If we look at it clearly, the first step before putting money into Bitcoin should always be understanding what it is and the kind of risks involved. Without that foundation, it’s easy for someone to panic when the price falls. About buying the dip, it may sound attractive, but the reality is that no one can predict dips accurately, and a beginner trying to wait for the perfect moment often ends up missing opportunities. That’s why DCA makes more sense, it allows steady accumulation without stress and helps build a portfolio gradually, no matter the price movement.

[HajiBagi]

Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.

Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.

If you wait for a fall, then you can miss a lot of buying opportunities. For example, whenever you see a fall, you will wait a little more for the fall to come down a little more and then buy, doing this, after a while you will not be able to buy at that time of fall. So it is never right to wait for a fall, you should always continue to buy continuously by adopting the DCA method.

People who are waiting for the price to drop before buying , what are they waiting for when they have the money? I don't see any reason why some people will chose to wait when they have the money to buy bitcoin. For me, individuals who always think about waiting for the price to drop and buying bitcoin did not have money to buy it. If you have money, you can buy bitcoin without thinking about the price, waiting for the price to fall does not imply that you are wiser or smarter than others; no one can predict the price of bitcoin, therefore it is best to buy when you have the money and without thinking about the price.

For me, there is nothing special about waiting for the price to drop because it is a waste of time for me and sometimes it leads to regret at the end if you didn't buy and the price keeps going up. If you have money to buy bitcoin, do not waste time thinking of waiting for the price to drop, you may be waiting for the price to drop and you won't be able to buy at the end, buy with the amount you can afford to buy and hold. Although you can buy when the opportunity come, buy it is not advisable for anyone to wait for the price to fall before buying bitcoin.