Buy Buy Buy or Sell Sell Sell?

[BTC-blaad]

If an investor has cash flow, he can buy dips at any time. He can deposit BTC through DCA from discretionary income. And as you said, he wants to take advantage of the opportunity, I agree with your idea. Because this is an opportunity for investors, and if he wants to take advantage of this falling market, he should invest only from his discretionary income. He should invest without any pressure. Investors who invest under pressure not only ruin their mental state and patience, they also struggle to grow their portfolio. Because he cannot understand what to do due to pressure, he decides to sell the investment later. So he should only create a discretionary fund and an emergency fund and then take the opportunity to buy the dip with any risk. So that his mentality is always stable and active.

It is true that anyone can take advantage of the drop in Bitcoin price if they want. But you have not analyzed the issue of buying in dips correctly. If someone starts doing DCA with 50% of their discretionary income, then if the price of Bitcoin suddenly drops, they will invest more aggressively. By doing this, they will get some Bitcoin at a lower price. But I never think it is right to buy Bitcoin with emergency fund or reserve fund. Because no one can understand when people's financial problems and emergencies will arise. That is why I personally do not support buying Bitcoin from emergency fund and reserve fund. And if you invest for a long time, you will not notice much difference between buying Bitcoin in this type of dip or not.

If we use the DCA method, we should never care about the decline that occurs and whatever the amount because buying using the DCA method is consistent in doing the same thing with the same amount too, but if we want to buy aggressively to collect more, there is nothing wrong with that and that is outside of the consistency that we do with the DCA method and I still prioritize it by buying using discretionary income otherwise it will have a bad impact on the investments we make.

With extra cash you can boost returns, but it does break that strict consistency and can expose you to larger drawdowns if the market dips right after you pile in. Using discretionary income for those extra buys is a good way to keep your core DCA safe while still taking advantage of opportunities.
Just keep buying the same amount regardless of market moves, and you’re basically averaging out the price over time.

[I_Anime]

If an investor has cash flow, he can buy dips at any time. He can deposit BTC through DCA from discretionary income. And as you said, he wants to take advantage of the opportunity, I agree with your idea. Because this is an opportunity for investors, and if he wants to take advantage of this falling market, he should invest only from his discretionary income. He should invest without any pressure. Investors who invest under pressure not only ruin their mental state and patience, they also struggle to grow their portfolio. Because he cannot understand what to do due to pressure, he decides to sell the investment later. So he should only create a discretionary fund and an emergency fund and then take the opportunity to buy the dip with any risk. So that his mentality is always stable and active.

An investor that uses DCA do not have to be worried about Bitcoin price, so there should be no pressure with such investor,
Only lump or buy the dip and hold type of investor's that get worried.

Nevertheless no investor should get worried at all because the coin will still go up, I guess the emotional investors will be Shaked off with these present movement that the coin is on. It will go up but slowly.

This Bitcoin price action seems a bit different than other times. You will see that the price has been in a gradual and gradual downward trend and is currently at a lower price. The Bitcoin price is part of a temporary reaction that could soon start a bull run. DCA investors continue to buy Bitcoin regardless of the price, so the price drop is the right time for them to buy aggressively.

Real investors are not worried about the price of Bitcoin because most of them know that the price will increase significantly soon and the correction period is very short. The price correction may continue for a few more days and prudent investors are continuing to buy Bitcoin.

That's why you have DCA strategy so you don't have to be bothered with price action cause you can't actually tell the future , we are bearish at the moment , and same time the market can still take urge turn in to bullish anytime so we know we can't keep watching the market every time, so to avoid such stress that's where DCA comes in which is the purchasing of bitcoin with a fixed amount in a given time either weekly or monthly, at different price intervals either up or down  (which same time saying don't be bother with the market movement) because DCA is all about accumulating bitcoin no matter the market conditions either when the price is low or high.

[Crytohillss]

If an investor has cash flow, he can buy dips at any time. He can deposit BTC through DCA from discretionary income. And as you said, he wants to take advantage of the opportunity, I agree with your idea. Because this is an opportunity for investors, and if he wants to take advantage of this falling market, he should invest only from his discretionary income. He should invest without any pressure. Investors who invest under pressure not only ruin their mental state and patience, they also struggle to grow their portfolio. Because he cannot understand what to do due to pressure, he decides to sell the investment later. So he should only create a discretionary fund and an emergency fund and then take the opportunity to buy the dip with any risk. So that his mentality is always stable and active.

It is true that anyone can take advantage of the drop in Bitcoin price if they want. But you have not analyzed the issue of buying in dips correctly. If someone starts doing DCA with 50% of their discretionary income, then if the price of Bitcoin suddenly drops, they will invest more aggressively. By doing this, they will get some Bitcoin at a lower price. But I never think it is right to buy Bitcoin with emergency fund or reserve fund. Because no one can understand when people's financial problems and emergencies will arise. That is why I personally do not support buying Bitcoin from emergency fund and reserve fund. And if you invest for a long time, you will not notice much difference between buying Bitcoin in this type of dip or not.

If we use the DCA method, we should never care about the decline that occurs and whatever the amount because buying using the DCA method is consistent in doing the same thing with the same amount too, but if we want to buy aggressively to collect more, there is nothing wrong with that and that is outside of the consistency that we do with the DCA method and I still prioritize it by buying using discretionary income otherwise it will have a bad impact on the investments we make.

With extra cash you can boost returns, but it does break that strict consistency and can expose you to larger drawdowns if the market dips right after you pile in. Using discretionary income for those extra buys is a good way to keep your core DCA safe while still taking advantage of opportunities.
Just keep buying the same amount regardless of market moves, and you’re basically averaging out the price over time.

Having consistent cash flow before using DCA from discretionary income is honestly one of the smartest ways to approach a volatile like this, buying the dip only works when you are doing it with money you can actually afford to set aside, not fund that create pressure or stress once emotions get involve so people often make the worst decisions , panic , selling or second guess and abandoning their long term plan. that's why i completely agree about building a proper emergence fund and separate investment fund first when you are financially or mentally prepare you can take advantage of the market opportunities without overwhelmed.

[Showlove01]

If an investor has cash flow, he can buy dips at any time. He can deposit BTC through DCA from discretionary income. And as you said, he wants to take advantage of the opportunity, I agree with your idea. Because this is an opportunity for investors, and if he wants to take advantage of this falling market, he should invest only from his discretionary income. He should invest without any pressure. Investors who invest under pressure not only ruin their mental state and patience, they also struggle to grow their portfolio. Because he cannot understand what to do due to pressure, he decides to sell the investment later. So he should only create a discretionary fund and an emergency fund and then take the opportunity to buy the dip with any risk. So that his mentality is always stable and active.

It is true that anyone can take advantage of the drop in Bitcoin price if they want. But you have not analyzed the issue of buying in dips correctly. If someone starts doing DCA with 50% of their discretionary income, then if the price of Bitcoin suddenly drops, they will invest more aggressively. By doing this, they will get some Bitcoin at a lower price. But I never think it is right to buy Bitcoin with emergency fund or reserve fund. Because no one can understand when people's financial problems and emergencies will arise. That is why I personally do not support buying Bitcoin from emergency fund and reserve fund. And if you invest for a long time, you will not notice much difference between buying Bitcoin in this type of dip or not.

If we use the DCA method, we should never care about the decline that occurs and whatever the amount because buying using the DCA method is consistent in doing the same thing with the same amount too, but if we want to buy aggressively to collect more, there is nothing wrong with that and that is outside of the consistency that we do with the DCA method and I still prioritize it by buying using discretionary income otherwise it will have a bad impact on the investments we make.

With extra cash you can boost returns, but it does break that strict consistency and can expose you to larger drawdowns if the market dips right after you pile in. Using discretionary income for those extra buys is a good way to keep your core DCA safe while still taking advantage of opportunities.
Just keep buying the same amount regardless of market moves, and you’re basically averaging out the price over time.

Having consistent cash flow before using DCA from discretionary income is honestly one of the smartest ways to approach a volatile like this, buying the dip only works when you are doing it with money you can actually afford to set aside, not fund that create pressure or stress once emotions get involve so people often make the worst decisions , panic , selling or second guess and abandoning their long term plan. that's why i completely agree about building a proper emergence fund and separate investment fund first when you are financially or mentally prepare you can take advantage of the market opportunities without overwhelmed.

I disagree with you, you don't need consistent cash flow before you can do well in this market, any income you can actually figure out discretionary income from is perfect and okay for any market condition. Some people with consistent cash flow are not even doing any better than people without... In this market condition and mind you money used for buying the dip is not money you can set aside rather it money you can afford to loss and that money must come from your discretionary income whether you like it or not and lastly you don't need any separate investment money or funds, all you that is required is your discretionary income and your emergency funds alone.

[CageMabok]

With extra cash you can boost returns, but it does break that strict consistency and can expose you to larger drawdowns if the market dips right after you pile in. Using discretionary income for those extra buys is a good way to keep your core DCA safe while still taking advantage of opportunities.
Just keep buying the same amount regardless of market moves, and you’re basically averaging out the price over time.

If conditions are declining, regardless of the funds you use, you'll still experience a loss after buying, unless the price itself can remain stable after buying with discretionary funds or whatever funds you've set aside. However, your suggested option is also a good one if your goal is to continue buying regularly and averaging the price over time, as price drops and rises vary significantly from month to month. Regardless, I expect Bitcoin to surpass $100,000 again by the end of this month and return to its most recent ATH level next month.

[Alonso_]

If an investor has cash flow, he can buy dips at any time. He can deposit BTC through DCA from discretionary income. And as you said, he wants to take advantage of the opportunity, I agree with your idea. Because this is an opportunity for investors, and if he wants to take advantage of this falling market, he should invest only from his discretionary income. He should invest without any pressure. Investors who invest under pressure not only ruin their mental state and patience, they also struggle to grow their portfolio. Because he cannot understand what to do due to pressure, he decides to sell the investment later. So he should only create a discretionary fund and an emergency fund and then take the opportunity to buy the dip with any risk. So that his mentality is always stable and active.

It is true that anyone can take advantage of the drop in Bitcoin price if they want. But you have not analyzed the issue of buying in dips correctly. If someone starts doing DCA with 50% of their discretionary income, then if the price of Bitcoin suddenly drops, they will invest more aggressively. By doing this, they will get some Bitcoin at a lower price. But I never think it is right to buy Bitcoin with emergency fund or reserve fund. Because no one can understand when people's financial problems and emergencies will arise. That is why I personally do not support buying Bitcoin from emergency fund and reserve fund. And if you invest for a long time, you will not notice much difference between buying Bitcoin in this type of dip or not.

If we use the DCA method, we should never care about the decline that occurs and whatever the amount because buying using the DCA method is consistent in doing the same thing with the same amount too, but if we want to buy aggressively to collect more, there is nothing wrong with that and that is outside of the consistency that we do with the DCA method and I still prioritize it by buying using discretionary income otherwise it will have a bad impact on the investments we make.

With extra cash you can boost returns, but it does break that strict consistency and can expose you to larger drawdowns if the market dips right after you pile in. Using discretionary income for those extra buys is a good way to keep your core DCA safe while still taking advantage of opportunities.
Just keep buying the same amount regardless of market moves, and you’re basically averaging out the price over time.

Having consistent cash flow before using DCA from discretionary income is honestly one of the smartest ways to approach a volatile like this, buying the dip only works when you are doing it with money you can actually afford to set aside, not fund that create pressure or stress once emotions get involve so people often make the worst decisions , panic , selling or second guess and abandoning their long term plan. that's why i completely agree about building a proper emergence fund and separate investment fund first when you are financially or mentally prepare you can take advantage of the market opportunities without overwhelmed.

You do not need a consistent cash from my knowledge, what you need to buy bitcoin is just a discretionary income which is refered as a leftover money, then you can start buying bitcoin from your discretionary little by little, and you do not have to immediately start having an emergency funds, and you do not need a separate investment funds to stay consistent with buying and investing bitcoin, what you really need is a discretionary income to be buying bitcoin, you can decide to be buying on a monthly basis or weekly basis, depending when you have that discretionary money to buy that bitcoin.

[JayJuanGee]

If someone begins investing without a stable cashflow or without even building emergency reserves, they are not “starting early”…
they are setting themselves up to sell early.

You are getting it wrong here, as a newbie you should be reading more than trying to lecture those that has been in the space long before you, because you are getting it wrong.
First you need to understand that you don't need a stable cash flow for you to invest in Bitcoin and be successful because their are so many folks out there that has a stable source of income but still can't figure out their discretionary income, what an investor need in other to invest in Bitcoin consistently is discretionary income, not a stable cash flow.

Secondly, you start building your emergency funds once you have already start your Bitcoin accumulation, and true that way, you build your emergency funds gradually alongside your investment, not by putting them in place first before start, because it might delay you in starting your investment journey.

Regarding your second point Barikui1, how much emergency funds any person believes that they need prior to starting to invest into bitcoin is a discretionary matter, which means that each person has to choose for himself how much emergency funds and/or back up funds that he needs in order to feel confident enough as to get started investing into bitcoin and/or to be able to determine that he actually has sufficient discretionary funds in order to buy bitcoin with some of those funds.

One of the earlier problems that we have had in various threads discussing these kinds of cashflow management matters, was that guys were proclaiming that there was a need to establish emergency funds/back up funds prior to getting started investing into bitcoin, which surely is not true.  All that is needed to get started investing in bitcoin is a determination that the person has sufficient discretionary funds in order to get started, yet at the same time, I would suggest that if a person has absolutely zero back up funds, then they are likely gambling rather than investing, since it would be almost impossible to determine that a person has sufficient discretionary funds if he has absolutely no back up funds, so there is a need for some level of back up funds to assure that the person is investing from discretionary funds rather than investing from funds that are going to be needed to cover expenses.

[edited out]

Having consistent cash flow before using DCA from discretionary income is honestly one of the smartest ways to approach a volatile like this, buying the dip only works when you are doing it with money you can actually afford to set aside, not fund that create pressure or stress once emotions get involve so people often make the worst decisions , panic , selling or second guess and abandoning their long term plan. that's why i completely agree about building a proper emergence fund and separate investment fund first when you are financially or mentally prepare you can take advantage of the market opportunities without overwhelmed.

How long are you going to wait before investing in bitcoin?  How much of an emergency fund and/or separate investment fund do you expect to make before you get started buying bitcoin? 

A week's worth of expenses?  A month?  3 months? or some other amount? 

How much discretionary funds do you currently have at your disposal?  If you have determined that you have discretionary funds, then wouldn't that be an important determination to allow you to get started and buy some bitcoin? or are you saying that you are not sure about if you have discretionary funds or not, so in that regard you are not sure if you have enough money to get started?  You are not very clear about what you mean in regards to your suggestion or a need to build a "proper" emergency fund and "a separate investment fund" prior to getting started buying bitcoin. 

You seem to be putting a pretty low priority on the value of getting started with your bitcoin rather than fucking around trying to figure out the extent to which you may or may not have built up a "proper" emergency fund and a proper investment fund.. . In essence, you come off as just making shit up, perhaps not even speaking from personal experience and largely speaking gobble-dee-gook nonsense.

[edited out]

I disagree with you, you don't need consistent cash flow before you can do well in this market, any income you can actually figure out discretionary income from is perfect and okay for any market condition. Some people with consistent cash flow are not even doing any better than people without... In this market condition and mind you money used for buying the dip is not money you can set aside rather it money you can afford to loss and that money must come from your discretionary income whether you like it or not and lastly you don't need any separate investment money or funds, all you that is required is your discretionary income and your emergency funds alone.

Huh Showlove01?  are you saying you need emergency funds prior to getting started investing in bitcoin?  how much emergency funds are you saying that you need before getting started?

With extra cash you can boost returns, but it does break that strict consistency and can expose you to larger drawdowns if the market dips right after you pile in. Using discretionary income for those extra buys is a good way to keep your core DCA safe while still taking advantage of opportunities.
Just keep buying the same amount regardless of market moves, and you’re basically averaging out the price over time.

If conditions are declining, regardless of the funds you use, you'll still experience a loss after buying, unless the price itself can remain stable after buying with discretionary funds or whatever funds you've set aside. However, your suggested option is also a good one if your goal is to continue buying regularly and averaging the price over time, as price drops and rises vary significantly from month to month. Regardless, I expect Bitcoin to surpass $100,000 again by the end of this month and return to its most recent ATH level next month.

Your expectations are optimistic.  A new ATH before the end of the year?  I wonder?  I am not saying that you are for sure going to be wrong, yet I am wondering if the odds for your proclamation of what you "expect" are currently greater than 50/50?

Sure many of us, if not most, who actually hold some bitcoin, would hope that you are correct, but sometimes we have to attempt to deal with what is likely rather than dealing with what we would like to happen.

I understand that bitcoin frequently will surprise us with its price moves, yet right at this moment, as I am typing, it seems like it does not want to go up.. .. even though sure, it could reverse its downity at any moment, yet it can be difficult to know when such downity will stop in order to then allow for Uppity to resume.

[edited out]

You do not need a consistent cash from my knowledge, what you need to buy bitcoin is just a discretionary income which is refered as a leftover money, then you can start buying bitcoin from your discretionary little by little, and you do not have to immediately start having an emergency funds, and you do not need a separate investment funds to stay consistent with buying and investing bitcoin, what you really need is a discretionary income to be buying bitcoin, you can decide to be buying on a monthly basis or weekly basis, depending when you have that discretionary money to buy that bitcoin.

Do you think that you can start investing in bitcoin with absolutely zero back up funds?  maybe you can provide an example how that might work in reality?

[coinrifft]

With extra cash you can boost returns, but it does break that strict consistency and can expose you to larger drawdowns if the market dips right after you pile in. Using discretionary income for those extra buys is a good way to keep your core DCA safe while still taking advantage of opportunities.
Just keep buying the same amount regardless of market moves, and you’re basically averaging out the price over time.

If conditions are declining, regardless of the funds you use, you'll still experience a loss after buying, unless the price itself can remain stable after buying with discretionary funds or whatever funds you've set aside. However, your suggested option is also a good one if your goal is to continue buying regularly and averaging the price over time, as price drops and rises vary significantly from month to month. Regardless, I expect Bitcoin to surpass $100,000 again by the end of this month and return to its most recent ATH level next month.

I'm not really sure about that, expectations vs reality are two words in Bitcoin market that really don't belong in one sentence. I mean we really don't know what the future will be, it could be that we will surpassed $100,000 again and says that we are still in the bull-run. Or the prices continue to go down and no one expected it and then all indication points that we are in the bear season already. So it's better to be just in the middle right now, don't expect something big and or face the reality that we could be in the bearish season and with all of your extra or discretionary funds ready to buy or do DCA for the rest of the cycle and HODL.

[Churchillvv]

I'm not really sure about that, expectations vs reality are two words in Bitcoin market that really don't belong in one sentence. I mean we really don't know what the future will be, it could be that we will surpassed $100,000 again and says that we are still in the bull-run. Or the prices continue to go down and no one expected it and then all indication points that we are in the bear season already. So it's better to be just in the middle right now, don't expect something big and or face the reality that we could be in the bearish season and with all of your extra or discretionary funds ready to buy or do DCA for the rest of the cycle and HODL.

Expectations are far from reality, constructing a reality in you lr mind is expectation while the actual play out seems to always be different expect your talent with making good guess, it’s more like speculation which always remains guesses and not reality, as no one knows the next minute of life same as bitcoin you don’t know what’s going to happen next so it’s better to remain solid and hit your way through by dca or buying the dips .

[Johnlomape]

Yes, there is really no perfect entry time in Bitcoin… people keep waiting for some dip but meanwhile the market just keeps moving. What actually matters is having a plan and sticking to it instead of stressing yourself over timing.

Perfect dip shit, there is nothing like perfect dip anywhere and why no one is encouraged to wait for the dip is, dip has no certain time it will last and infact whats the need to wait for the dip when we are ready to invest in Bitcoin, when we can start investing immediately, waiting for the dip can push one into using their money for what they might regret later, am not against any person buying at the dip but waiting for the dip is not a good idea, people should learn how to start their Bitcoin investment when tbey are ready, they can still buy when the dip comes but the idea of buying during the dip alone should be ignored and frowned at because, if some people can be truthful, I think that is the reason they did not start buying Bitcoin when they are supposed to start.

I have seen people emphasized on the dip on social media on why you must buy the dip so that you can sell when the price of Bitcoin starts going up. This is a bullshit that has been going on online and I pray these people should see the light that will let them to understand that holding Bitcoin is not all about the dip.

The mindset of buying the dip only and later call yourself an investor is wrong and I like your idea and the way you are kicking against buying the dip for personal gain. Even though the price of Bitcoin is down, that does not mean that we need to be strictly after how we can make money from this misfortune of Bitcoin going down. Buy Bitcoin on a daily, weekly or monthly basis will be a better way to invest in Bitcoin without staying greedy.

Greedy investors are the ones calling for the price of Bitcoin to go down so that they can take advantage of the dip market without a single remorse of staying cool and not fuckin up. After a fall, there will be a rise and that is what I expect to see from Bitcoin soon.

[Gallar]

If an investor has cash flow, he can buy dips at any time. He can deposit BTC through DCA from discretionary income. And as you said, he wants to take advantage of the opportunity, I agree with your idea. Because this is an opportunity for investors, and if he wants to take advantage of this falling market, he should invest only from his discretionary income. He should invest without any pressure. Investors who invest under pressure not only ruin their mental state and patience, they also struggle to grow their portfolio. Because he cannot understand what to do due to pressure, he decides to sell the investment later. So he should only create a discretionary fund and an emergency fund and then take the opportunity to buy the dip with any risk. So that his mentality is always stable and active.

It is true that anyone can take advantage of the drop in Bitcoin price if they want. But you have not analyzed the issue of buying in dips correctly. If someone starts doing DCA with 50% of their discretionary income, then if the price of Bitcoin suddenly drops, they will invest more aggressively. By doing this, they will get some Bitcoin at a lower price. But I never think it is right to buy Bitcoin with emergency fund or reserve fund. Because no one can understand when people's financial problems and emergencies will arise. That is why I personally do not support buying Bitcoin from emergency fund and reserve fund. And if you invest for a long time, you will not notice much difference between buying Bitcoin in this type of dip or not.

If we use the DCA method, we should never care about the decline that occurs and whatever the amount because buying using the DCA method is consistent in doing the same thing with the same amount too, but if we want to buy aggressively to collect more, there is nothing wrong with that and that is outside of the consistency that we do with the DCA method and I still prioritize it by buying using discretionary income otherwise it will have a bad impact on the investments we make.

With extra cash you can boost returns, but it does break that strict consistency and can expose you to larger drawdowns if the market dips right after you pile in. Using discretionary income for those extra buys is a good way to keep your core DCA safe while still taking advantage of opportunities.
Just keep buying the same amount regardless of market moves, and you’re basically averaging out the price over time.

As a Bitcoin investor dedicated to the DCA strategy, I believe we must adhere to it diligently. Having too many principles will negatively impact our investments and our mentality. Therefore, the main point of Bitcoin investment is to focus on one goal and one strategy. I believe this is better than worrying about what will happen when the Bitcoin market drops, or anything else. Essentially, we must remember that we are investing in Bitcoin for the long term, and we don't need to take actions that will cause us headaches right now.

It's better to use safer and more consistent methods to stay sane when investing in Bitcoin. Believe me, when you use multiple methods when investing in Bitcoin, your mindset will gradually change, especially regarding your perspective on long-term investments. So, there's no need to be confused or panic when Bitcoin prices drop just let it be. The most important thing is to remain consistent with the DCA strategy we're implementing in Bitcoin.

[Proty]

]
As a Bitcoin investor dedicated to the DCA strategy, I believe we must adhere to it diligently. Having too many principles will negatively impact our investments and our mentality. Therefore, the main point of Bitcoin investment is to focus on one goal and one strategy. I believe this is better than worrying about what will happen when the Bitcoin market drops, or anything else. Essentially, we must remember that we are investing in Bitcoin for the long term, and we don't need to take actions that will cause us headaches right now.

It's better to use safer and more consistent methods to stay sane when investing in Bitcoin. Believe me, when you use multiple methods when investing in Bitcoin, your mindset will gradually change, especially regarding your perspective on long-term investments. So, there's no need to be confused or panic when Bitcoin prices drop just let it be. The most important thing is to remain consistent with the DCA strategy we're implementing in Bitcoin.

A bitcoin investors is not limited to any of the strategies. So it is wrong to say that an investor should focus on only one strategy. As long as the discretionary income is there an investor can buy the dip while doing DCA . This will not in any way affect the investor negatively as you may think. It will help the investor to increase or exploits the advantages that comes with this strategies.

[ruykeri]

Yea, using emergency funds to buy Bitcoin is totally wrong because emergency funds can not or should not serve the purpose of discretionary income and discretionary income should not serve the purpose of emergency funds and these are among the basic knowledge one need before starting up Bitcoin investment because these are silly or little mistakes some people makes and they will end not accomplishing there dream. But as for reserve funds, I think it can be use to some extent because it is more like our discretionary income.

If there is a regular strong cash flow, then some part of the reserve fund can be used to buy bitcoins while they are in the dip. But you also need to understand the basic management of the reserve fund. Both the reserve fund and the emergency fund are used as back-up funds. The difference between the two is that when someone faces a small financial problem, he will first take money from the reserve fund to solve that problem. If a financial problem requires a lot of money to solve it, which cannot be solved even with the money in the reserve fund, then he will take money from the emergency fund. This may be due to the closure of his income source or the cost of a major operation due to illness or a natural disaster or an economic disaster in the country. You first need to understand and decide how and when you will use the fund.

[ZeroVinsonN]

With extra cash you can boost returns, but it does break that strict consistency and can expose you to larger drawdowns if the market dips right after you pile in. Using discretionary income for those extra buys is a good way to keep your core DCA safe while still taking advantage of opportunities.
Just keep buying the same amount regardless of market moves, and you’re basically averaging out the price over time.

If conditions are declining, regardless of the funds you use, you'll still experience a loss after buying, unless the price itself can remain stable after buying with discretionary funds or whatever funds you've set aside. However, your suggested option is also a good one if your goal is to continue buying regularly and averaging the price over time, as price drops and rises vary significantly from month to month. Regardless, I expect Bitcoin to surpass $100,000 again by the end of this month and return to its most recent ATH level next month.

I don't agree that we can call what you are experiencing loss, the better words for it is price decline or dip since that's what it is, it can only be considered a loss if you end up selling it now at a lower price than when you bought but since you are still holding then it's not really a loses since what depreciated is it's fiat value but the amount of bitcoin you have is still the same, when you start calling it a loss your determination to hold starts to shake and at that point you can get pushed to sell and then lose.

[Barikui1]

Secondly, you start building your emergency funds once you have already start your Bitcoin accumulation, and true that way, you build your emergency funds gradually alongside your investment, not by putting them in place first before start, because it might delay you in starting your investment journey.

Regarding your second point Barikui1, how much emergency funds any person believes that they need prior to starting to invest into bitcoin is a discretionary matter, which means that each person has to choose for himself how much emergency funds and/or back up funds that he needs in order to feel confident enough as to get started investing into bitcoin.

From the start, let me say that the said investor is having nothing other than a $100 as his discretionary income, what he should do is to invest like 50-60% of that money into Bitcoin and preserves like 30% of it as his emergency funds, and the remaining 10% will be kept as reverse funds, though from the start, the figure wouldn't be that capable enough to finance something huge if those kind of emergencies arises, but if it can be done consistently for a period of one year six months at most, by then his emergency and reserve funds he has kept aside will be huge enough to carry and sustain his Bitcoin investment if any emergency situation arise, because it's risky not planning for an emergency from the start.

yet at the same time, I would suggest that if a person has absolutely zero back up funds, then they are likely gambling rather than investing,

This is the actual truth, once you invest in Bitcoin and your investment is vulnerable to the extent that if any financial issues arise, you wouldn't be confident on sorting it out without tempering with your holdings, that shows that such fellow is gambling not investing, since his investment is likely not going to survive for long.

[jems]

Yea, using emergency funds to buy Bitcoin is totally wrong because emergency funds can not or should not serve the purpose of discretionary income and discretionary income should not serve the purpose of emergency funds and these are among the basic knowledge one need before starting up Bitcoin investment because these are silly or little mistakes some people makes and they will end not accomplishing there dream. But as for reserve funds, I think it can be use to some extent because it is more like our discretionary income.

If there is a regular strong cash flow, then some part of the reserve fund can be used to buy bitcoins while they are in the dip. But you also need to understand the basic management of the reserve fund. Both the reserve fund and the emergency fund are used as back-up funds. The difference between the two is that when someone faces a small financial problem, he will first take money from the reserve fund to solve that problem. If a financial problem requires a lot of money to solve it, which cannot be solved even with the money in the reserve fund, then he will take money from the emergency fund. This may be due to the closure of his income source or the cost of a major operation due to illness or a natural disaster or an economic disaster in the country. You first need to understand and decide how and when you will use the fund.

There's nothing wrong with investing or buying more Bitcoin during a price drop, especially for your future, However we must be able to manage our finances to ensure our investments are not disrupted for any reason.
I once aggressively purchased Bitcoin to expand my portfolio, I was confident that at the time Bitcoin's price was at its lowest and I was confident I would make a greater profit, I used all my available funds, and I was responsible for it by closing my emergency fund afterward, Therefore I believe there's no harm in doing so as long as we can responsibly stabilize our finances and manage our money.

[Tonimez]

Yea, using emergency funds to buy Bitcoin is totally wrong because emergency funds can not or should not serve the purpose of discretionary income and discretionary income should not serve the purpose of emergency funds and these are among the basic knowledge one need before starting up Bitcoin investment because these are silly or little mistakes some people makes and they will end not accomplishing there dream. But as for reserve funds, I think it can be use to some extent because it is more like our discretionary income.

If there is a regular strong cash flow, then some part of the reserve fund can be used to buy bitcoins while they are in the dip. But you also need to understand the basic management of the reserve fund. Both the reserve fund and the emergency fund are used as back-up funds. The difference between the two is that when someone faces a small financial problem, he will first take money from the reserve fund to solve that problem. If a financial problem requires a lot of money to solve it, which cannot be solved even with the money in the reserve fund, then he will take money from the emergency fund. This may be due to the closure of his income source or the cost of a major operation due to illness or a natural disaster or an economic disaster in the country. You first need to understand and decide how and when you will use the fund.

Reserve funds and emergency funds are solely for their own purpose and using them for options which they were not budgeted for would be a mistake. Firstly, reserved funds is not a the same as back up funds too. If you have an emergency situation no matter how little you think it is, you will understand that you need an immediate response to it. The right thing to do is, you start with your emergency funds first not your reserve funds. This is because your reserve funds primarily serves purpose of augmentation both for back up funds and possible buys during dips. So when you exhaust your emergency funds and the situation still persist, then you fall back to your backup funds and after that, your reserve funds. I'm pointing towards your opinion about spending reserved funds first during emergency situation before spending your emergency funds.

A proper planning is very important at all time. You need to be disciplined to keep your emergency funds handy always. Bitcoin success starts with the first investment and if you can not sustain the patience while holding, you may get distracted and eat up your emergency funds and when emergency happens, you will be left with no cushion and risks your bitcoin to salvage the situation.

[JayJuanGee]

[edited out]

I'm not really sure about that, expectations vs reality are two words in Bitcoin market that really don't belong in one sentence. I mean we really don't know what the future will be, it could be that we will surpassed $100,000 again and says that we are still in the bull-run. Or the prices continue to go down and no one expected it and then all indication points that we are in the bear season already. So it's better to be just in the middle right now, don't expect something big and or face the reality that we could be in the bearish season and with all of your extra or discretionary funds ready to buy or do DCA for the rest of the cycle and HODL.

You stated that all indications point to us being in a bear market, then you say that we might not be in a bear market.

Either way there should not be a problem with continuing to buy, even if a person might want to still be careful to not be going "all in" merely based on the price falling recently.  We frequently need to be careful in regards to our engaging in gambling versus investing practices, and so yeah, I get a little bothered when guys get overly excited about dips, even though I don't find any problem having systems in place to buy more bitcoin during dips, but there is still a balance that newbies have to be careful in regards to changing their buy amounts too much based on price fluctuations, since they might get themselves into a trading kind of mentality rather than an investing kind of mentality, which might just end up resulting in overdoing it in one direction or another.. when newbies likely need to be just ongoingly buying without too much reference to BTC price and yeah, if they are buying weekly, they might even sometimes end up missing some  of the dips based on ups and downs of the BTC price changes.

Secondly, you start building your emergency funds once you have already start your Bitcoin accumulation, and true that way, you build your emergency funds gradually alongside your investment, not by putting them in place first before start, because it might delay you in starting your investment journey.

Regarding your second point Barikui1, how much emergency funds any person believes that they need prior to starting to invest into bitcoin is a discretionary matter, which means that each person has to choose for himself how much emergency funds and/or back up funds that he needs in order to feel confident enough as to get started investing into bitcoin.

From the start, let me say that the said investor is having nothing other than a $100 as his discretionary income, what he should do is to invest like 50-60% of that money into Bitcoin and preserves like 30% of it as his emergency funds, and the remaining 10% will be kept as reverse funds, though from the start, the figure wouldn't be that capable enough to finance something huge if those kind of emergencies arises, but if it can be done consistently for a period of one year six months at most, by then his emergency and reserve funds he has kept aside will be huge enough to carry and sustain his Bitcoin investment if any emergency situation arise, because it's risky not planning for an emergency from the start.

yet at the same time, I would suggest that if a person has absolutely zero back up funds, then they are likely gambling rather than investing,

This is the actual truth, once you invest in Bitcoin and your investment is vulnerable to the extent that if any financial issues arise, you wouldn't be confident on sorting it out without tempering with your holdings, that shows that such fellow is gambling not investing, since his investment is likely not going to survive for long.

Ok. that sounds like it could be potentially be manageable, yet when a person dedicates parts of his discretionary income into back up funds and another part into investment, then he should have another part that is his discretionary consumption.   I doubt that it is a good idea to not account for discretionary consumption that comes out of discretionary funds.

So yeah, if a guy is starting out with nothing or close to nothing, then his first period of time (is that a monthly amount or a weekly amount?  I am thinking that you are talking about monthly?  that is not very much, but yeah, it could be all that the guy has to work with).. .. so the first few months, he hardly has any back up funds, so it might be $40 the first month, but then it might be $80 the second month that adds the first and the second month together... so the back up funds continue to get larger and larger.. and nothing wrong with that..

yet if the guy ends up having some extra expenses or he had made some miscalculations about his income and/or his expenses, then he might have to tap into his back up funds.. so then they get reduced.. and maybe he has to reduce his bitcoin investment for certain months, too? So yeah, it can be tough to work with such small amounts.. .but yeah, guys have to figure out how to do their best under the circumstances under which they find themselves, to the extent that they are not able to improve their circumstances.

[sotelorene]

With extra cash you can boost returns, but it does break that strict consistency and can expose you to larger drawdowns if the market dips right after you pile in. Using discretionary income for those extra buys is a good way to keep your core DCA safe while still taking advantage of opportunities.
Just keep buying the same amount regardless of market moves, and you’re basically averaging out the price over time.

If conditions are declining, regardless of the funds you use, you'll still experience a loss after buying, unless the price itself can remain stable after buying with discretionary funds or whatever funds you've set aside. However, your suggested option is also a good one if your goal is to continue buying regularly and averaging the price over time, as price drops and rises vary significantly from month to month. Regardless, I expect Bitcoin to surpass $100,000 again by the end of this month and return to its most recent ATH level next month.

I'm not really sure about that, expectations vs reality are two words in Bitcoin market that really don't belong in one sentence. I mean we really don't know what the future will be, it could be that we will surpassed $100,000 again and says that we are still in the bull-run. Or the prices continue to go down and no one expected it and then all indication points that we are in the bear season already. So it's better to be just in the middle right now, don't expect something big and or face the reality that we could be in the bearish season and with all of your extra or discretionary funds ready to buy or do DCA for the rest of the cycle and HODL.

I doubt if you are a Bitcoin investor because someone who is Into Bitcoin investment will never sound this way and saying Bitcoin could surpass $100k again makes it look like you don't believe in Bitcoin and if you are an investor it seems you have made a wrong move by investing with what you  can not afford to lose because there is nothing happening in the market we don't expect I mean no one controls Bitcoin and it is already said to be a volatile asset that means it can go to any extent, I can not be in the middle because I believe in Bitcoin potential and I will keep accumulating and holding even in this market condition.

[Tungbulu]

[edited out]

I'm not really sure about that, expectations vs reality are two words in Bitcoin market that really don't belong in one sentence. I mean we really don't know what the future will be, it could be that we will surpassed $100,000 again and says that we are still in the bull-run. Or the prices continue to go down and no one expected it and then all indication points that we are in the bear season already. So it's better to be just in the middle right now, don't expect something big and or face the reality that we could be in the bearish season and with all of your extra or discretionary funds ready to buy or do DCA for the rest of the cycle and HODL.

You stated that all indications point to us being in a bear market, then you say that we might not be in a bear market.

Either way there should not be a problem with continuing to buy, even if a person might want to still be careful to not be going "all in" merely based on the price falling recently.  We frequently need to be careful in regards to our engaging in gambling versus investing practices, and so yeah, I get a little bothered when guys get overly excited about dips, even though I don't find any problem having systems in place to buy more bitcoin during dips, but there is still a balance that newbies have to be careful in regards to changing their buy amounts too much based on price fluctuations, since they might get themselves into a trading kind of mentality rather than an investing kind of mentality, which might just end up resulting in overdoing it in one direction or another.. when newbies likely need to be just ongoingly buying without too much reference to BTC price and yeah, if they are buying weekly, they might even sometimes end up missing some  of the dips based on ups and downs of the BTC price changes.

That’s quite a solid distinction there, and it’s such a shame that it gets overlooked far too often in this space. Bear market or not, it doesn’t in any way change the core reality. The real danger in Bitcoin investment isn’t the current condition of the market, but rather how investors choose to respond to these market conditions. As far as bitcoin is concerned, dips and volatilities are a normal phenomenon, but you know what’s not normal? When folks allow every turn of event in the market to dictate their next decision on how much they’ll buy. And this is exactly the point where long term investing often drifts into short term gambling.

The issue  isn’t really about buying during a dip but when someone chooses to go away from their strategy and even their current position to double or triple their allocation just because you feel that’s a very smart approach. This kind of shift slowly pushes investors from an actual investor’s mindset to more of a trader’s mindset and the worst part of it is that, they wouldn’t even realize it. And just as you rightly said, this shift most likely ends with being too overexposed at the wrong time or hesitating at the right time.