Buy Buy Buy or Sell Sell Sell?

[Shineup]

Given that the two can actually complement one another, we might say that using DCA does not prevent anyone from purchasing the dip. I occasionally attempt to DCA on a regular basis as well, but I still buy more to profit from a sharp market decline. It's similar to cleverly combining the two tactics, particularly if you have enough extra cash on hand. I believe those men were attempting to convey the same idea, but perhaps their explanation was not sufficiently clear for everyone to understand.

First of all, DCA and DIP are two different investment methods. DCA is to buy regularly with the same amount of money every week or month. DIP is to buy aggressively when the market is falling. I think it is best to always buy through the DCA method. Because if a person waits to buy DIP, then it will never be the right decision. Because no one can tell when the market will fall. So a person should always buy and buy using the DCA method.

As you said, I do not like this method very much if you buy DIP along with DCA. Because you have money, buy. If you wait to buy DIP today, if the market does not fall and if it never goes to this price, then you have missed this opportunity to buy. So a person will be best off if he always buys using the DCA method.

I think if you have the money then buy it, waiting for DIP may miss the opportunity. Because since the main objective is to profit from this through long-term investment. So, you might say this argument comes from Lump Sum thinking. But the main objective is to accumulate Bitcoin, so whatever investment method you use, if it is for long-term investment, then no opportunity should be missed.

A person with a long-term mindset can never be an investor. Thinking about the dip will waste time and opportunity and will fall behind. The main objective is to collect Bitcoin and hold it for the long term.

I disagree with you here, a long term mindset is that of an investor I guess you don't know what you are talking about, it is a person with a short term mindset that can never be an investor because everything an investor thinks about is long term how there are will regenerate over the long period of time, long term mindset is the characteristics of an investor, I agree with you that thinking about the dip before buying Bitcoin will be a waste of time and missed opportunities.

[Nheer]

I think if you have the money then buy it, waiting for DIP may miss the opportunity. Because since the main objective is to profit from this through long-term investment. So, you might say this argument comes from Lump Sum thinking. But the main objective is to accumulate Bitcoin, so whatever investment method you use, if it is for long-term investment, then no opportunity should be missed.

It's is not a bad idea and since the plan is for the long term if you have the money  it can be seen as maximizing your exposure to opportunity but this shouldn't be done carelessly. You have make to sure it doesn't in any way affect your investment plan or accumulation process and also you need to consider your risk tolerance and make sure you're not putting in more than you can afford. If going through with this approach will cause you to exceed your risk tolerance or compromise your financial stability by using non-discretionary funds then you should revise your approach.

[Lidger]

I think this buying the dip method is similar to the idea behind investing in shitcoins, we want to buy cheaper so we can sell when price is higher.

You are very wrong, buying the dip is not similar to what you are refering it to, and no bitcoin investor want's to buy bitcoin cheaper with the mindset of selling at a higher price within a short period of time, We all are buying the dips when ever they occur to add up to our bitcoin holding, Because  dips encourage aggressive buying of bitcoin since you are buying at cheaper price. And also remember buying the dip is another good strategy for accumulating bitcoin to hold for long term 4 to 10 years or more, so you saying that buying the dip is similar to the idea behind in investing shitcoins makes me believe that you know nothing about buying the dip, because if you actually know that buying the dip is one of the accumulating strategy of bitcoin you won't be making this your statement above, so try and read along and learn to avoid saying things wrong way.

Those who invest in a long-term plan and those who invest consistently do not always have such a thought that they will buy Bitcoin when the market comes down relatively, rather it is wrong for investors to think like this. None of us know about the movement of the market, how much the market can fall below its current price or how much lower we will consider that price as the lowest price of the market, but we do not know, so there is no point in waiting unnecessarily. I think every time is the perfect time to invest in Bitcoin, so if we do not have investment and if we plan to invest, then we should buy Bitcoin as soon as possible and do it consistently in a long-term plan. By buying Bitcoin continuously after a certain period of time, an investor's investment will remain stable.

[7juju]

A person with a long-term mindset can never be an investor.

But it is people with bitcoin long term holding mentality that are considered or referred to as investors, so I am wondering where you got this your reasoning that people with long term mindset can never be investors. So tell me if they can never be investors what will they be? Your account is still new you should spend time reading some pages of the thread and get some insights it will do you a great deed.

The main objective is to collect Bitcoin and hold it for the shord term.

Are you for real?? Is that your main objective or you are speaking for everyone in your category? Sorry to disappoint you we don't do that here. Here the main objective is to collect bitcoin and hold for the long term. I won't stop you from your main objective, but you have to take this your objective elsewhere so you don't contaminate our community.

[Proty]

Given that the two can actually complement one another, we might say that using DCA does not prevent anyone from purchasing the dip. I occasionally attempt to DCA on a regular basis as well, but I still buy more to profit from a sharp market decline. It's similar to cleverly combining the two tactics, particularly if you have enough extra cash on hand. I believe those men were attempting to convey the same idea, but perhaps their explanation was not sufficiently clear for everyone to understand.

There are many investors who have a lump sum of money and then they buy Bitcoin using their weekly or monthly income as a consideration and consider investing in Bitcoin but leave it for DIP. To be honest, waiting for them will only bring them profit when it is very certain that Bitcoin's DIP is coming. But the extreme reality is that no one knows what Bitcoin will be like in a month, 6 months, a year or 5 years. If you review the price of Bitcoin, you will see that its value has increased much more than its value has decreased. So if you think of Bitcoin as a single currency rather than relating it to the dollar, then you should increase your portfolio in Bitcoin because how wealthy you are will be measured based on how many Bitcoins you have had in the past. So you should invest your lump sum money in Bitcoin now and later when you are investing in the DCA method, create another fund from your discretionary income in addition to investing in Bitcoin, with which you can buy if Bitcoin DIP comes.

it is not a bad idea if an investor didn't want to invest all his discretionary at once but rather choose to use DCA strategy. DCA strategy offers investors the opportunity of buying bitcoin at different prices and as such act as a hedge against market volatility. It will only be a bad idea when an investor is waiting for a desire dip to occur before they will start buying, since no investors can speculate the market correctly. There are so many reasons why some investors choose to do DCA instead of lump-sum buying despite having the available discretionary income to do lump sum. It is a bad idea if an investor decides to keep some part of his discretionary income particular for buying the dips while still going on with regular DCA.

[GIF-JOBS]

Given that the two can actually complement one another, we might say that using DCA does not prevent anyone from purchasing the dip. I occasionally attempt to DCA on a regular basis as well, but I still buy more to profit from a sharp market decline. It's similar to cleverly combining the two tactics, particularly if you have enough extra cash on hand. I believe those men were attempting to convey the same idea, but perhaps their explanation was not sufficiently clear for everyone to understand.

First of all, DCA and DIP are two different investment methods. DCA is to buy regularly with the same amount of money every week or month. DIP is to buy aggressively when the market is falling. I think it is best to always buy through the DCA method. Because if a person waits to buy DIP, then it will never be the right decision. Because no one can tell when the market will fall. So a person should always buy and buy using the DCA method.

As you said, I do not like this method very much if you buy DIP along with DCA. Because you have money, buy. If you wait to buy DIP today, if the market does not fall and if it never goes to this price, then you have missed this opportunity to buy. So a person will be best off if he always buys using the DCA method.

I think if you have the money then buy it, waiting for DIP may miss the opportunity. Because since the main objective is to profit from this through long-term investment. So, you might say this argument comes from Lump Sum thinking. But the main objective is to accumulate Bitcoin, so whatever investment method you use, if it is for long-term investment, then no opportunity should be missed.

When we decide to invest for the long term, we should not delay in buying, because there is no perfect time or price to buy Bitcoin. If you ever wait for DIP to buy, then you will eventually lose the opportunity by waiting for it, but you will not be able to invest. The main philosophy of long-term investment is to increase wealth over time, so investing consistently through DCA is the best decision to buy Bitcoin, then your chances of success will be very high.

[SmartCharpa]

First of all, DCA and DIP are two different investment methods. DCA is to buy regularly with the same amount of money every week or month. DIP is to buy aggressively when the market is falling. I think it is best to always buy through the DCA method. Because if a person waits to buy DIP, then it will never be the right decision. Because no one can tell when the market will fall. So a person should always buy and buy using the DCA method.

As you said, I do not like this method very much if you buy DIP along with DCA. Because you have money, buy. If you wait to buy DIP today, if the market does not fall and if it never goes to this price, then you have missed this opportunity to buy. So a person will be best off if he always buys using the DCA method.

I think if you have the money then buy it, waiting for DIP may miss the opportunity. Because since the main objective is to profit from this through long-term investment. So, you might say this argument comes from Lump Sum thinking. But the main objective is to accumulate Bitcoin, so whatever investment method you use, if it is for long-term investment, then no opportunity should be missed.

I agree with you that the DCA method is the best way to invest because no one knows when the market will drop. When someone chooses to wait for a dip, they miss out on an opportunity to buy, so being consistent with DCA is always the best strategy to feel confident about a long-term investment. Timing the market is never a good idea for an investor, we never know what will happen because Bitcoin's price is continuing falling after reaching a new ATH.

Furthermore, if you have the money to invest, it is not a bad idea to buy instead of waiting too long, as the main goal is to continue accumulating Bitcoin in the long run. Whether it's DCA or another investment method, the most important thing is that we never miss any chances to grow our holdings.

[Lembo69]

If you do not need the extra funds urgently, then there is nothing wrong with buying Bitcoin with them.

If you don't need the extra money in the future, buying Bitcoin with full money may be a reasonable decision.

But the market is always volatile, and no one knows when its price will fall or rise, so it would be wise to have an emergency fund for future unexpected emergencies.

Even if you buy investments regularly through the DCA strategy, you should still have a fund for emergencies.

After your portfolio grows, if you experience a falling market, you can immediately invest all your cash flow.

Accumulating BTC through the DCA strategy and planning for the long term can both be profitable for you.

And to maintain market discipline, the best strategy is not to invest all the extra money before the fall

[Hardyrobust]

I disagree with you here, a long term mindset is that of an investor I guess you don't know what you are talking about, it is a person with a short term mindset that can never be an investor because everything an investor thinks about is long term how there are will regenerate over the long period of time, long term mindset is the characteristics of an investor, I agree with you that thinking about the dip before buying Bitcoin will be a waste of time and missed opportunities.

yes you are right. It is wrong of him to say that a person with a long term mindset is not am investor. It is those that do priorities longer term investment that is considered as an investor rather than those who gamble with bitcoin with the aim of making quick profit. Those with short term goals to me they are nothing close to investors but rather they are gamblers who are gambling with bitcoin in other to make quick profit.

[Cryptoprincess101]

it is not a bad idea if an investor didn't want to invest all his discretionary at once but rather choose to use DCA strategy. DCA strategy offers investors the opportunity of buying bitcoin at different prices and as such act as a hedge against market volatility. It will only be a bad idea when an investor is waiting for a desire dip to occur before they will start buying, since no investors can speculate the market correctly. There are so many reasons why some investors choose to do DCA instead of lump-sum buying despite having the available discretionary income to do lump sum. It is a bad idea if an investor decides to keep some part of his discretionary income particular for buying the dips while still going on with regular DCA.

Hey, it is not a bad idea if an investor keeps some funds out of his discretionary income basically to acquire more bitcoins at cheaper price during a DIP. That's what we call maximizing profits so far as he still maintains buying with his regular DCA strategy. Some people still use their reserved funds to buy when a DIP happens of which it still comes from the discretionary income, so the most important thing is not to miss out on your DCA amount by making sure that your cashflow is up and running smoothly.

[Muba20]

it is not a bad idea if an investor didn't want to invest all his discretionary at once but rather choose to use DCA strategy. DCA strategy offers investors the opportunity of buying bitcoin at different prices and as such act as a hedge against market volatility. It will only be a bad idea when an investor is waiting for a desire dip to occur before they will start buying, since no investors can speculate the market correctly. There are so many reasons why some investors choose to do DCA instead of lump-sum buying despite having the available discretionary income to do lump sum. It is a bad idea if an investor decides to keep some part of his discretionary income particular for buying the dips while still going on with regular DCA.

Hey, it is not a bad idea if an investor keeps some funds out of his discretionary income basically to acquire more bitcoins at cheaper price during a DIP. That's what we call maximizing profits so far as he still maintains buying with his regular DCA strategy. Some people still use their reserved funds to buy when a DIP happens of which it still comes from the discretionary income, so the most important thing is not to miss out on your DCA amount by making sure that your cashflow is up and running smoothly.

If DCA does not face any obstacles, then it is not a bad idea to save a part of discretionary income and buy from the dip. However, it is also true that if he finishes all the work with his discretionary income and uses the remaining balance to deposit Bitcoin regularly, then it can be a better decision. Because the price of Bitcoin will not always fall. Sometimes a fall may occur after a long time but it is uncertain. So if Bitcoin is deposited confidentially through DCA, the amount of DCA can be increased if necessary, then the amount of Bitcoin accumulation will increase.

[Ryu_Ar1]

For a trader, it's always the best time to accumulate BTC or any other coin or token as the case may be. It's always wise to 'buy the dip' then sell when the price is high, after all the main goal of buying and selling is to make profit. Even an investor who wants to HODL for a long time always aim at buying when the price is low.

This is a bit contradictory to me because equating traders with investors is clearly inaccurate. After all, even though both are in the same sphere (such as bitcoin being the object), we still cannot equate the two because they do different things, so the treatment of traders and investors in viewing a condition cannot be equated.

Those of us who prioritize investment as our goal are not too concerned about high or low prices for some people because our goal is clear, namely the duration of time that becomes the benchmark. So, when we can still buy (regardless of whether the price is high or low), we will not be too concerned about it in the short term because what we are thinking about is the long term with risk management, where when the long term is carried out, we can minimize this.
It is not entirely accurate to generalize that traders and investors are the same in terms of how they handle their Bitcoin.

[ejikeme24]

you can manage your finance properly but the thing is that the major thing that contribute for anyone who is into investment of any kind is because of greediness if we remove greatness out of our way it is obvious that will make what ever we think of having, so most of us today what is their problem is lack of understanding and the lack of making research before involving in any other thing, most of us does not believe in making research but most of us just believe in hearing from a friend of who so ever around the environment

I'm still wondering how greediness manage to get here, I'm curious to know how greediness can affect someone in bitcoin investment. Or did you mean being greedy in the aspect of making their bitcoin purchase? Which this is not even supposed to be an issue because everyone have the right to invest according to the size of his or her discretionary funds as it's not advised to invest outside our discretionary funds. So therefore I want to disagree with you when you Said about greedy because I don't think if greedy have any role to play in our bitcoin investment, So what you should be looking at is on how to manage your finance so as to enable you balance your financial security and your bitcoin accumulation.

[Derekfunds]

Given that the two can actually complement one another, we might say that using DCA does not prevent anyone from purchasing the dip. I occasionally attempt to DCA on a regular basis as well, but I still buy more to profit from a sharp market decline. It's similar to cleverly combining the two tactics, particularly if you have enough extra cash on hand. I believe those men were attempting to convey the same idea, but perhaps their explanation was not sufficiently clear for everyone to understand.

First of all, DCA and DIP are two different investment methods. DCA is to buy regularly with the same amount of money every week or month. DIP is to buy aggressively when the market is falling. I think it is best to always buy through the DCA method. Because if a person waits to buy DIP, then it will never be the right decision. Because no one can tell when the market will fall. So a person should always buy and buy using the DCA method.

As you said, I do not like this method very much if you buy DIP along with DCA. Because you have money, buy. If you wait to buy DIP today, if the market does not fall and if it never goes to this price, then you have missed this opportunity to buy. So a person will be best off if he always buys using the DCA method.

I think if you have the money then buy it, waiting for DIP may miss the opportunity. Because since the main objective is to profit from this through long-term investment. So, you might say this argument comes from Lump Sum thinking. But the main objective is to accumulate Bitcoin, so whatever investment method you use, if it is for long-term investment, then no opportunity should be missed.

A person with a short-term mindset can never be an investor. Thinking about the dip will waste time and opportunity and will fall behind. The main objective is to collect Bitcoin and hold it for the long term.

That is not true, remember some of the people you see holding Bitcoin now where once a short term investors or traders but because they have come to realize and understand the secret behind Bitcoin Investment which is holding for long term that is why you see them holding now those who are still investing for short term have not really know and understand the secret behind Bitcoin Investment and once they do, their perspective and approach will surely change. No one is forcing or imposing on anyone to invest but it is good to let them know.

[I_Anime]

Yes, bitcoin investment is suitable for everyone, because basically there is nothing difficult about investing in bitcoin. Maybe what is difficult is managing finances and also managing our emotions. Because not a few people fail to invest in bitcoin because of the fear that the price will drop or be attracted by trading.

You're right lack of financial management is the reason why alot of people keep slacking, because this is obviously not about the risk anymore as alot of people are now getting used to the market volatility. But the reason why thier Investment is moving slowly is due to the fact that they're not managing thier finance properly.

You know, having a good Cash flow does not guarantee success in your accumulation journey because there are alot of people out there who have a good Cash flow but doesn't know how to manage their finance, so having a good cash flow and knowing how to manage your finance is a strong pair that can never be separated.

you can manage your finance properly but the thing is that the major thing that contribute for anyone who is into investment of any kind is because of greediness if we remove greatness out of our way it is obvious that will make what ever we think of having, so most of us today what is their problem is lack of understanding and the lack of making research before involving in any other thing, most of us does not believe in making research but most of us just believe in hearing from a friend of who so ever around the environment

Anyone that’s not investing in bitcoin is not about greediness, some folk don’t have the right information that will help encourage them . And some are just too lazy to do their own research so most folk don’t want to invest in what they don’t know about that’s why knowledge is very vital , now they don’t know what they are missing till they eventually figure out follow with some regrets.

While some don’t have enough funds , but the truth is that you don’t need the amount of BTC to start you can start with ever you have , despite how big or how small just work with your budget maybe as time goes you can choose to increase your buying plans.

[Joeboy]

Yes, bitcoin investment is suitable for everyone, because basically there is nothing difficult about investing in bitcoin. Maybe what is difficult is managing finances and also managing our emotions. Because not a few people fail to invest in bitcoin because of the fear that the price will drop or be attracted by trading.

You're right lack of financial management is the reason why alot of people keep slacking, because this is obviously not about the risk anymore as alot of people are now getting used to the market volatility. But the reason why thier Investment is moving slowly is due to the fact that they're not managing thier finance properly.

You know, having a good Cash flow does not guarantee success in your accumulation journey because there are alot of people out there who have a good Cash flow but doesn't know how to manage their finance, so having a good cash flow and knowing how to manage your finance is a strong pair that can never be separated.

you can manage your finance properly but the thing is that the major thing that contribute for anyone who is into investment of any kind is because of greediness if we remove greatness out of our way it is obvious that will make what ever we think of having, so most of us today what is their problem is lack of understanding and the lack of making research before involving in any other thing, most of us does not believe in making research but most of us just believe in hearing from a friend of who so ever around the environment

Anyone that’s not investing in bitcoin is not about greediness, some folk don’t have the right information that will help encourage them .

You know some of this folks are still stuck on the idea that Bitcoin investment is only meant for the rich and as such, they don't even bother themselves to Invest nor even learn more about Bitcoin..... But then as we have it Bitcoin is divided into 100 million Satoshis, and this division makes Bitcoin accessible and inclusive to all. It accessible to the middle class, poor people, the old, young,  etc...... And as such one can even use as little as $5 of their discretionary income to invest in Bitcoin....

[Padi24]

yes it is wrong to say that long term investors only buy bitcoin whenever there is a dip .

What you said is what a new investor should follow
Yes, one can wait for dips if he keeps his investment consistent through DCA.

A trader always waits for dips but an investor manages his investment consistently and also saves for dips

A long term investor is ready to buy at any market price and does not want to miss the opportunity by waiting for dips

But a trader always guesses the dips and later loses his money
But a long term investor knows that Bitcoin is always the most valuable asset

There's no point in trying to identify how traders operate, though I really understand what you're trying to point at. And yeah there's no need to wait for the dip to come before investing but to keep going with the DCA with Time we would definitely get to a point where we will want to front load our investment but while waiting for this opportunity is advised to maintain the ongoing buying of bitcoin since there's no guarantee whether the dip will happen soon or later so to avoid delay in our accumulation journey is better we maintain the ongoing buying of bitcoin while waiting for the perfect opportunity this would reduce some stress and worry's if we didn't meet the buying opportunity quite on time.

Traders? Maybe what you meant is investors? We don't talk about traders here as they are obviously trying to squeeze profit in short time frame. As compare to investors, long term investors who are here for the bigger picture. At least doing "stacking sats" and see it as our potential for financial freedom. Sure there are a lot of up and down being a long term investor, there will be temptation to sell at some point, our you will be drain, but as I have said, it will really shake everyone and only the fittest are going to survived in this long game. So it's just a question whether we are one of those strong hands, not bothered by emotions and continue to invest every week, every two weeks or every month? Or are we just weak mentality and not financially as we can't take that long journey?

Don't get me wrong mate I was actually referring to the statement of @ lembo69 where he said that traders always wait for dip and later lose their  money then I said that he shouldn't move further in  emphasizing how traders operate, but it seems you didn't go through the text very well that is why you're misunderstanding the whole thing. But I still want to agree with you when you said that trading is a blood sucker, they easily make one's bank account to go dry within some space of time. That is why is not advised for a beginner who is new in this space to start from trading because is going to be a bad experience is we ruing our discretionary funds immediately after making our first debut so to avoid disappointment is advised to start with bitcoin investment as this is the only place where we can get peace of mind.

[G_Besar]

Don't get me wrong mate I was actually referring to the statement of @ lembo69 where he said that traders always wait for dip and later lose their  money then I said that he shouldn't move further in  emphasizing how traders operate, but it seems you didn't go through the text very well that is why you're misunderstanding the whole thing. But I still want to agree with you when you said that trading is a blood sucker, they easily make one's bank account to go dry within some space of time. That is why is not advised for a beginner who is new in this space to start from trading because is going to be a bad experience is we ruing our discretionary funds immediately after making our first debut so to avoid disappointment is advised to start with bitcoin investment as this is the only place where we can get peace of mind.

When someone misunderstands what you said, of course you should provide a more detailed explanation, as it's very common for someone's response to someone else in a discussion to be misinterpreted by others who leave subsequent comments. I understand that you don't like trading if your goal is investing, so you really separate the two to avoid making mistakes. Bitcoin is now well-known enough that someone might want to invest it in a more suitable way, such as as an investment. However, if someone works for income, I don't think that's a problem either, as any income can be used as discretionary funds, which can then be directly invested.

[@nn@_pen9]

Given that the two can actually complement one another, we might say that using DCA does not prevent anyone from purchasing the dip. I occasionally attempt to DCA on a regular basis as well, but I still buy more to profit from a sharp market decline. It's similar to cleverly combining the two tactics, particularly if you have enough extra cash on hand. I believe those men were attempting to convey the same idea, but perhaps their explanation was not sufficiently clear for everyone to understand.

First of all, DCA and DIP are two different investment methods. DCA is to buy regularly with the same amount of money every week or month. DIP is to buy aggressively when the market is falling. I think it is best to always buy through the DCA method. Because if a person waits to buy DIP, then it will never be the right decision. Because no one can tell when the market will fall. So a person should always buy and buy using the DCA method.

As you said, I do not like this method very much if you buy DIP along with DCA. Because you have money, buy. If you wait to buy DIP today, if the market does not fall and if it never goes to this price, then you have missed this opportunity to buy. So a person will be best off if he always buys using the DCA method.

What's the difference? Essentially, if we want to buy an asset, we definitely want to get the lowest price, right? It's simply a matter of timing to get the lowest price for an asset. Remember, markets don't always rise, and there's no harm in waiting for a reversal. In my opinion, the dip method is essentially the same as the DCA the key is to remain consistent and disciplined in setting aside or accumulating your investment assets.

[SilverCryptoBullet]

That’s not true, Pjcr7.  You try to act like you know things, but your description is wrong.

Sure ultimately an investor wants to be in profits, yet he does not need to think about the extent to which his bitcoin are in profits or not… especially when he might be thinking 4-10 years or longer, and .. the idea of profits may well be assumed, so he is not going to give too many shits about if he buys at $106k, or $126k or $156k.. if the going price happens to be that rate while he is accumulating his bitcoin, he doe s not get overly consumed with how much he is paying for his BTC, even though surely, he still might prefer to buy BTC for less, but he cannot become overly worked up about it, especially his earliest years of building up his bitcoin stack.

Investors can never know when price will top its ATH in a market cycle and also can not identify a bottom price in a bear market. They only can read and learn about Bitcoin's fundamentals to have knowledge and belief in Bitcoin future growth, then make their investment strategy and do it with time. Most easily, they can use Dollar Cost Averaging for their investment and bitcoin accumulation. It's only one of many important things to do with investment, and the next challenge is how long to hold bitcoin, and how or when to take profit.

Similarly to how they make entries with DCA, they can make profit taking action and withdrawal action with DCA out. History of Bitcoin market shows that most of holding days are profitable and a longer time of holding, a less risk of loss and a better ROI for investment profit.

They don't need to trust me, just verify what I share with data.
https://hodl.camp/
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/