Buy Buy Buy or Sell Sell Sell?

[Cgrexp]

I disagree with you, for a newbie who is starting investment, Everytime is right for someone to buy and accumulate bitcoin, we don’t only have the bearish market as the right time to accumulate bitcoin, now is always better to start an investment, you can always buy bitcoin with the DCA as someone who is really interested in accumulating Bitcoin, and I seems to be more confused with what you have said, how do you really activate sales when you’re still in your accumulation stage, I think you should focus more on buying bitcoin consistently instead of having a mindset that bearish period is the best time to buy bitcoin instead of accumulating consistently with DCA.

The power of Bitcoin investment is not only based on desire but also on discretionary income and how much of that income one is investing. For example, if someone invests 5%, 15% or 25% of their income, then the potential for large returns increases at first glance, but in reality, not everyone can achieve the ability to invest at such a high percentage. Especially in just one to two Bitcoin cycles. Those who have already started investing in Bitcoin and have loaded it up front may be in a position to save in the future, but for those who have not started yet or whose discretionary income is low, this level of savings or progress will take a long time. This reality shows that people with low income or limited free cash flow often invest in haste. Even if it is a small amount, it is often risky because they cannot give enough time to that investment. Therefore, it is realistic to choose a strategy according to the income level. Where a one-time purchase, a step-by-step DCA or waiting for a dip can all be right in certain situations.  However, there is a challenge in this discussion because each person's financial situation, time cycle, and mental preparedness are different. So there is no universal solution. The key is to try to see investment decisions in a realistic context.

[Merit.s]

While it may sound good to invest through dip-buying or lump sum along with DCA, in reality, it can create problems in various ways. Mixing multiple buying strategies together can have a negative impact on the main investment, DCA.

I disagree with use that mixing all three accumulation strategies to build your portfolio with have negative effects on your bitcoin portfolio when done correctly. It's when you don't know how to mix these three strategies that it can be problematic to you. It can't have a negative impact on your portfolio if you buy within your discretionary income. Rather it will give you a better chance of increasing amd building your bitcoin portfolio overtime instead of depending only on DCA that is slow and will take a longer time compared to when you mix all strategies.

Both dip-buying and lump sum decisions have to be made based on timing. Whereas Bitcoin is completely unpredictable. Therefore, if you make these two timing based investments, you have to think a lot about emotions, fear, and missing opportunities.

Provided that your DCA is ongoing, you are no longer timing the market if you intend to lump sum and buy at the dip to mix it up. It's when you're not DCAing but waiting for your own price target before you will love to buy is what is called timing. However,  you are getting the lump sum buying strategy twisted. When you want to lump sum, you buy right away if you gat the extra unexpected funds without any usefulness to you irrespective the price of bitcoin, you don't have to wait.

Therefore, DCA should be your main plan. In addition, if you think that the price of Bitcoin has decreased a bit, then by doing DCA aggressively, you will get the opportunity to buy some extra Bitcoin at a low price.

It's good that if you don't know how to mix these strategies for a better result, you should stick to only DCA that you are capable of. However, new investors needs to stick to only DCA in the beginning of their bitcoin investment so that it cam become part of them since it's easy to practice.

Any investor that want to use all three bitcoin accumulation strategies can do so whenever, they can. This is how it works. As your DCA is ongoing, and you have set up your reserve funds whenever, there is a dip, you can use  some percentage from your reserve funds to buy at the dip. If you are given bonus at work or funds as gift in an occasion like birthday, wedding anniversary and so on. Since you didn't plan for it and you don't have any pressing needs that you need money for. You can lump sum with all the money or part of it right away.

[Sim_card]

Therefore, it is realistic to choose a strategy according to the income level. Where a one-time purchase, a step-by-step DCA or waiting for a dip can all be right in certain situations.  However, there is a challenge in this discussion because each person's financial situation, time cycle, and mental preparedness are different. So there is no universal solution. The key is to try to see investment decisions in a realistic context.

There's no need waiting for the dip if you're poor with little discretionary income that's available. You should buy immediately, no matter how small even as low as $10 because if you managed to save gradually to $10 after getting paid twice or three times, there's every possibilities that if you don't buy right away, you will use the money for something else. This is why even if you do have discretionary income once in a while, buy the moment it's ready and get committed to your bitcoin investment. That can motivate you the more to look for other means to increase your income so that you can get a regular discretionary income to DCA with for 4-10 years and above.

It's better to be a low coiner than a no coiner which makes me feel that waiting for the dip isn't a good idea because what if the dip that you are waiting for did not come, you will be discouraged in your confused and poor state. Time waits for no man as bitcoin price increases overtime.

You can only wait for the dip when you have reached your bitcoin target and want to move to over accumulation stage but I don't like the idea. I prefer not to wait for the dip till I have reached my over accumulation stage.

[Joeboy]

To an investor with little portfolio, this bearish is the right time to start one's investment into Bitcoin because its cheaper  to accumulate reasonable Bitcoin using DCA to navigate through the market and hold for as long as possible in order to have the bullish of the coin to set in, where most investors activate sales in order to actualize more profits as  an investor...

Activation of sales or selling off  at the sight of every bullish market, shouldn't be the priority for someone who is yet to reach their personal target or an over accumulation stage. If investors with little portfolio begin making sales anytime the price of Bitcoin goes up, it will simply  distort their long term plan, slow down their accumulation and as well push them into having the wrong mindset which is that that Bitcoin is what we can buy today and sell off tomorrow. So as investors who are yet to reach your over accumulation stage, their focus should be on continuously buying and holding for the long term which is usually the period of 4-10years+.

[POPOLUV]

I don’t know who gave you guys this type of orientation that emergency funds can’t be used for something like this or it should be rigid everyone must follow one pattern which was coined by another person but I’m here to disagree with you that emergency funds can be used to buy the dip , as long as it is able to cover you for at least 3 to 6 months then taking a little out of it to buy the dip won’t kill you so stop putting everyone to just one direction and disputing ideas or inspirations which can be tested and probably work out just because you have a specific belief system on ways to acquire bitcoin.

As far as I know, Tapping into your Emergency funds to buy Bitcoin no matter how little is wrong. Emergency funds are created to protect your Bitcoin investment and must remain untapped except when you're dealing with an Emergency situation. They is what is called a Reserve funds,it is used to cover extra expenses. What you needed to buy the Dip is a Reserve Funds. Tapping into your Reserve fund is the appropriate thing you should have done rather tapping into your Emergency funds to buy Bitcoin that would seems you're Gambling.

No matter how profits an investors might think you he/she can make through using an emergency fund, it is not advisable for any investors to even have such mindset in the first place because using your emergency fund to invest is likely passing a message that will not be patient enough to wait for long term than embarking into trading because you sure run out of cash on the process of your Bitcoin portfolio and that is why it is advisable to regulate your discretionary income in such away that you will not run out of emergency fund because it keeps your Bitcoin portfolio running without being touched.

[Umulala-alala]

Therefore, it is realistic to choose a strategy according to the income level. Where a one-time purchase, a step-by-step DCA or waiting for a dip can all be right in certain situations.

Waiting for dip before buying can't be the right thing or the the right strategy for you as an investor or a new investor to do, it's all the time that we see the dip, it's most at times traders wait for the dip when they buy they sell when the price goes up. The DCA method is good you can consistently buying bitcoin no mater the price level of BTC then you can buy aggressively or more either with your reserve fund this will make you buy more than when you are waiting for the dip that may not still come.

Those who can some times buy during the dip can be those who has reach their accumulation level and can stack more bitcoin during the dip i won't say they waited for the dip since they have bought more bitcoin and hodling, they only made use the dip to still add more BTC to what they have already.

[Showlove01]

If you however feel compelled by yourself to buy a dip and you have accumulated emergency funds that you have been pilling up over a period of time without any emergencies happening you can decide to take a part of the excess to buy a dip.

I don't support the idea of talking any money from your emergency funds account and buy bitcoin, even if you have kept it for a long time without any emergency happening yet. What if the emergency occurs the moment you removed the money? The reason why it is called emergency is because it's an unplanned disaster it can happen at anytime when it is not expected. So any idea of taking out money from your emergency funds account should be abolished. If it was reserved funds you were talking about it would have been better. Emergency funds should be strictly kept for emergencies as long as your holding exists.

You are absolutely right and the reason why some folks run into serious trouble or challenge in their Bitcoin investment is because of reckless and careless decision. Some people went as far as using their emergency funds to purchase Bitcoin during the Dip because they feel since emergency hasn't happen or occur that it won't happen again and that is a silly and dangerous thing to do because you are indirectly jeopardizing your investment because when the emergency will come they won't have something to hold up to and they will sell off their holdings. We should not allow greed and ignorance drive us instead we should take wise decision all the time no matter the odd.

[coinrifft]

To an investor with little portfolio, this bearish is the right time to start one's investment into Bitcoin because its cheaper  to accumulate reasonable Bitcoin using DCA to navigate through the market and hold for as long as possible in order to have the bullish of the coin to set in, where most investors activate sales in order to actualize more profits as  an investor...

Activation of sales or selling off  at the sight of every bullish market, shouldn't be the priority for someone who is yet to reach their personal target or an over accumulation stage. If investors with little portfolio begin making sales anytime the price of Bitcoin goes up, it will simply  distort their long term plan, slow down their accumulation and as well push them into having the wrong mindset which is that that Bitcoin is what we can buy today and sell off tomorrow. So as investors who are yet to reach your over accumulation stage, their focus should be on continuously buying and holding for the long term which is usually the period of 4-10years+.

Still boils down as how to going to sell in the bull run, others will have this step kind of selling, like 20% in the beginning, then 40% and such. And then will left something like 20% in their gas thank and then continue to accumulate if we think that we are in the bear market. Or others might go full 100% of their portfolio for reason only known to them. There are no right or wrong strategy as we are very different. But obviously, if you want to build, then at least hold for a cycle and don't touch it and see how it goes in the next and then in the next. What matters is having a plan that fits your goals, risk tolerance, and patience. I know it's going to be boring at some point but that's how someone become self made millionaire in Bitcoin, They weren’t the smartest or the luckiest, they just have the investor's patience and mindset.

[Parvati_j]

To an investor with little portfolio, this bearish is the right time to start one's investment into Bitcoin because its cheaper  to accumulate reasonable Bitcoin using DCA to navigate through the market and hold for as long as possible in order to have the bullish of the coin to set in, where most investors activate sales in order to actualize more profits as  an investor...

Activation of sales or selling off  at the sight of every bullish market, shouldn't be the priority for someone who is yet to reach their personal target or an over accumulation stage. If investors with little portfolio begin making sales anytime the price of Bitcoin goes up, it will simply  distort their long term plan, slow down their accumulation and as well push them into having the wrong mindset which is that that Bitcoin is what we can buy today and sell off tomorrow. So as investors who are yet to reach your over accumulation stage, their focus should be on continuously buying and holding for the long term which is usually the period of 4-10years+.

That is it, selling too early is how people break their own long term plan without even realizing it. If someone has not reached their target or that over accumulation zone, every small pump should not start looking like an exit door..  That’s how you end up chasing short term excitement instead of building real conviction and your portfolio.

Bitcoin is not a buy today sell tomorrow asset. The real win has always been in holding through the 4–10 year cycles, stacking slowly, and letting time do the heavy lifting. So anyone still growing their bag should be focused on holding strong, not reacting to every green candle.

[Oshio-man]

To an investor with little portfolio, this bearish is the right time to start one's investment into Bitcoin because its cheaper  to accumulate reasonable Bitcoin using DCA to navigate through the market and hold for as long as possible in order to have the bullish of the coin to set in, where most investors activate sales in order to actualize more profits as  an investor...

Activation of sales or selling off  at the sight of every bullish market, shouldn't be the priority for someone who is yet to reach their personal target or an over accumulation stage. If investors with little portfolio begin making sales anytime the price of Bitcoin goes up, it will simply  distort their long term plan, slow down their accumulation and as well push them into having the wrong mindset which is that that Bitcoin is what we can buy today and sell off tomorrow. So as investors who are yet to reach your over accumulation stage, their focus should be on continuously buying and holding for the long term which is usually the period of 4-10years+.

That is it, selling too early is how people break their own long term plan without even realizing it. If someone has not reached their target or that over accumulation zone, every small pump should not start looking like an exit door..  That’s how you end up chasing short term excitement instead of building real conviction and your portfolio.

It is better they break the long term holding to solve financial challenges around them, there are some challenges if you fail to solve now it can cause a lot of damage that will even lead you to life imprisonment or reduce your family to nothing  in that environment, if you are going into long term holding, know that you are not going to sell in a short term because you have a target to achieve from the long term holding which you must achieve and you need to hold for long term before you can achieve what you want, sometimes you don't have to blame some holders that sell in the Short term but some of them is not their wish to release coins, but situation punish them to it.

[Bd officer]

Therefore, it is realistic to choose a strategy according to the income level. Where a one-time purchase, a step-by-step DCA or waiting for a dip can all be right in certain situations.

Whatever your income level, if you want to invest in Bitcoin, it would be wise to continue investing in the DCA strategy because DCA is the best method. However, you may have the ability to make a one-time purchase, but it would be better to use the DCA strategy to buy at an average price. Also, if you wait to buy the dip, you may fail to invest, because there are many stories in the past of people who waited to buy the dip but could not invest at the end of the day. So, whatever our income level, it would be better for us to always continue investing in the DCA strategy.

[Sim_card]

It is better they break the long term holding to solve financial challenges around them, there are some challenges if you fail to solve now it can cause a lot of damage that will even lead you to life imprisonment or reduce your family to nothing  in that environment, if you are going into long term holding, know that you are not going to sell in a short term because you have a target to achieve from the long term holding which you must achieve and you need to hold for long term before you can achieve what you want, sometimes you don't have to blame some holders that sell in the Short term but some of them is not their wish to release coins, but situation punish them to it.

You will sell your bitcoin investment to solve a real life emergency if you don't have a backup funds for your bitcoin investment. Before going on a long-term bitcoin accumulation journey, a proper plan and preparation should be done. Someone who wants to buy, build, grow anf hodli his bitcoin for long needs to build an emergency funds when he have started his bitcoin investment to back up his bitcoin investment from premature sales when he is hit with unforeseen circumstances that is a threat to life.

If you don't build an emergency funds to take care of real life emergency when they come, you will end up selling your bitcoin investment to solve that problem. If you don't have an emergency funds and you are on a long-term investment journey, you are only gambling and not investing.

Therefore, as a brand new investor after you have started your bitcoin investment with your discretionary income, it's good to start building your emergency funds along side with your bitcoin investment. Your emergency funds should be up to at least three months of expenses. You can share your discretionary income to two parts, one to build your bitcoin investment and the other to build your emergency funds.

[Joeboy]

It is better they break the long term holding to solve financial challenges around them, there are some challenges if you fail to solve now it can cause a lot of damage that will even lead you to life imprisonment or reduce your family to nothing  in that environment, if you are going into long term holding, know that you are not going to sell in a short term because you have a target to achieve from the long term holding which you must achieve and you need to hold for long term before you can achieve what you want, sometimes you don't have to blame some holders that sell in the Short term but some of them is not their wish to release coins, but situation punish them to it.

Come off that mentality, why do you think the importance of emergency funds is always been emphasized? Sure folks can do whatever they like when it concerns their investment, but yet the idea of selling off your long term holding just to deal with a financial situation still seems very unwise. That is why investors are always are always expected to build an emergency fund which can cover at least 3-6 months of their expenses, so that your investment will be protected, in case of any financial/ emergency situation. The pace at which you want to build up your emergency funds should depend on your financial capacity, this is coz some folks may want to grow their emergency funds in such a way that it eventually becomes bigger/ smaller/equal to their Bitcoin holdings, whatever the case is, don't overstretch your financial limit.

[fullfitlarry]

Therefore, it is realistic to choose a strategy according to the income level. Where a one-time purchase, a step-by-step DCA or waiting for a dip can all be right in certain situations.

Whatever your income level, if you want to invest in Bitcoin, it would be wise to continue investing in the DCA strategy because DCA is the best method. However, you may have the ability to make a one-time purchase, but it would be better to use the DCA strategy to buy at an average price. Also, if you wait to buy the dip, you may fail to invest, because there are many stories in the past of people who waited to buy the dip but could not invest at the end of the day. So, whatever our income level, it would be better for us to always continue investing in the DCA strategy.

For the majority of us, I don't think that it will be good to make a one-time purchase, in the end, I think it's best to do DCA as we will average the price when buying and also since we don't have that big capital to enough, it will be better to take it slowly and accumulate overtime.

I don't have anything against people who buying power on a one time purchase. Again, this could just be me, but I want to go on that hard and grind every week of purchase and see that work out for me month after month and then you wouldn't guess, you have been doing it for years.

[Barikui1]

It is better they break the long term holding to solve financial challenges around them, there are some challenges if you fail to solve now it can cause a lot of damage that will even lead you to life imprisonment or reduce your family to nothing  in that environment,

if after investing in Bitcoin you can't take care of yourself and your basic needs, then you shouldn't be investing because you have not sorts out your discretionary income, because you just went ahead and invest with money meant to take care of your basic needs, which have made responsibilities and needs pilled up, and in such a situation, it will just be a matter of time before you sell everything prematurely to take care of your basic needs, which I sees as gambling, not investing.

, sometimes you don't have to blame some holders that sell in the Short term but some of them is not their wish to release coins, but situation punish them to it.

No, I will blame them because this can only happen when they fail to do the right thing, firstly by investing only from their discretionary income, secondly, by refusing to put down measures like having an emergency and reserve funds in place just in case of any emergency. So once you fails to put those things in place or invest only from your discretionary income, that's only when you will have problems with your investment.

[Catenaccio]

if after investing in Bitcoin you can't take care of yourself and your basic needs, then you shouldn't be investing because you have not sorts out your discretionary income, because you just went ahead and invest with money meant to take care of your basic needs, which have made responsibilities and needs pilled up, and in such a situation, it will just be a matter of time before you sell everything prematurely to take care of your basic needs, which I sees as gambling, not investing.

It's important for managing investment capital with good risk management as if you overuse your money for investment, you will need money to spend later for emergency while you no longer have available money for it. It will trigger you to sell your bitcoin with lower price than your entry price, that means you will have to sell your bitcoins for loss, it's terrible for any investment management.

To avoid it, the only way is managing your finance well before investing, with a most important requirement is only using Discretionary Income for purchasing bitcoin and for investment.

When you can do it well, you can use DCA strategy very comfortably and profit will come with your holding time.

[Loyang]

if after investing in Bitcoin you can't take care of yourself and your basic needs, then you shouldn't be investing because you have not sorts out your discretionary income, because you just went ahead and invest with money meant to take care of your basic needs, which have made responsibilities and needs pilled up, and in such a situation, it will just be a matter of time before you sell everything prematurely to take care of your basic needs, which I sees as gambling, not investing.

If a person can manage his finances properly, then even if he earns a very small amount of money, he can still earn a discretionary income from his small income. However, he must have the ability to manage his finances properly. First, a person should fulfill all his family expenses and personal expenses before investing, and after that, if he has some money, he can invest with that amount of money. If a person has financial problems after investing with the required amount or investing, then it is better not to invest. However, a person does not need a very large amount of money to invest, if a person has $ 10 discretionary income, then he can start investing.

A person should create an emergency fund to deal with emergency situations. For example, if a person suddenly needs some money. A person should create an emergency fund to deal with such financial crises. Whenever such financial crises occur, he can take money from the emergency fund to deal with the financial crisis.

[sotelorene]

To an investor with little portfolio, this bearish is the right time to start one's investment into Bitcoin because its cheaper  to accumulate reasonable Bitcoin using DCA to navigate through the market and hold for as long as possible in order to have the bullish of the coin to set in, where most investors activate sales in order to actualize more profits as  an investor...

Activation of sales or selling off  at the sight of every bullish market, shouldn't be the priority for someone who is yet to reach their personal target or an over accumulation stage. If investors with little portfolio begin making sales anytime the price of Bitcoin goes up, it will simply  distort their long term plan, slow down their accumulation and as well push them into having the wrong mindset which is that that Bitcoin is what we can buy today and sell off tomorrow. So as investors who are yet to reach your over accumulation stage, their focus should be on continuously buying and holding for the long term which is usually the period of 4-10years+.

That is it, selling too early is how people break their own long term plan without even realizing it. If someone has not reached their target or that over accumulation zone, every small pump should not start looking like an exit door..  That’s how you end up chasing short term excitement instead of building real conviction and your portfolio.

It is better they break the long term holding to solve financial challenges around them, there are some challenges if you fail to solve now it can cause a lot of damage that will even lead you to life imprisonment or reduce your family to nothing  in that environment, if you are going into long term holding, know that you are not going to sell in a short term because you have a target to achieve from the long term holding which you must achieve and you need to hold for long term before you can achieve what you want, sometimes you don't have to blame some holders that sell in the Short term but some of them is not their wish to release coins, but situation punish them to it.

That is why we said Bitcoin Investment is not a competition or one should not venture into it when they don't have the capacity to and sometimes this capacity is not that you must have a huge source of income, capacity are in stages, if you can handle your expenses and figure out a discretionary income from your source of income then you have the capacity to invest. selling your investment because of challenge means lack of knowledge because anyone who has knowledge on how to go about it will be conscious of what they are doing and the kind of decisions they are taking and if someone invest to compete with someone they will surely sell off their holdings when challenges arise because they will go beyond their discretionary and emergency funds just beat...

[Lidger]

I don’t know who gave you guys this type of orientation that emergency funds can’t be used for something like this or it should be rigid everyone must follow one pattern which was coined by another person but I’m here to disagree with you that emergency funds can be used to buy the dip , as long as it is able to cover you for at least 3 to 6 months then taking a little out of it to buy the dip won’t kill you so stop putting everyone to just one direction and disputing ideas or inspirations which can be tested and probably work out just because you have a specific belief system on ways to acquire bitcoin.

As far as I know, Tapping into your Emergency funds to buy Bitcoin no matter how little is wrong. Emergency funds are created to protect your Bitcoin investment and must remain untapped except when you're dealing with an Emergency situation. They is what is called a Reserve funds,it is used to cover extra expenses. What you needed to buy the Dip is a Reserve Funds. Tapping into your Reserve fund is the appropriate thing you should have done rather tapping into your Emergency funds to buy Bitcoin that would seems you're Gambling.

Those who have faced financial problems after investing can tell you how important an emergency fund is for them. We all invest with a long-term plan and until we face danger, we move forward with our investments well, but when we face financial problems and when we do not have an emergency fund, we are often forced to sell our investments. In order not to have to sell investments, if some more money can be kept in a separate account regularly along with the investment, which we can consider as an emergency fund, then if financial problems arise, it is possible to get rid of that financial danger by using the money from that emergency fund.

An investor who has an emergency fund already has more confidence because he knows that he can face all kinds of dangers.

[Graph001]

Therefore, it is realistic to choose a strategy according to the income level. Where a one-time purchase, a step-by-step DCA or waiting for a dip can all be right in certain situations.

Whatever your income level, if you want to invest in Bitcoin, it would be wise to continue investing in the DCA strategy because DCA is the best method. However, you may have the ability to make a one-time purchase, but it would be better to use the DCA strategy to buy at an average price. Also, if you wait to buy the dip, you may fail to invest, because there are many stories in the past of people who waited to buy the dip but could not invest at the end of the day. So, whatever our income level, it would be better for us to always continue investing in the DCA strategy.

For the majority of us, I don't think that it will be good to make a one-time purchase, in the end, I think it's best to do DCA as we will average the price when buying and also since we don't have that big capital to enough, it will be better to take it slowly and accumulate overtime.

I don't have anything against people who buying power on a one time purchase. Again, this could just be me, but I want to go on that hard and grind every week of purchase and see that work out for me month after month and then you wouldn't guess, you have been doing it for years.

Despite the fact that there is such a convenient method like DCA to buy Bitcoin, most people still think that it will be more convenient for them to create a fund and buy a large amount of Bitcoin at once. But they do not want to understand that if they continue to buy using DCA, their average cost will be reduced and they will not miss out on good opportunities. The scariest thing is that most of those who invest in Bitcoin today start investing here on impulse without considering their situation and they think that if they invest in Bitcoin today, they will be able to make big profits from it tomorrow, but when the market becomes unstable, they panic and sell their Bitcoins before the time is right. To be a real investor, a person must be patient and work strategically. Just by pouring money in does not mean that you become an investor. If you cannot use it at the right time and in the right place, it will be considered a waste.