Buy Buy Buy or Sell Sell Sell?

[Nightwatchmare]

When we are talking of buying opportunity and the approach to use in doing it,  many times it has occured in this manner that we see the market fall and some are taking advantage to invest and buying, holding it till when the market surges before selling and still going back into it to buy again and hold, this is how we should picture the whole idea, except for long time investors, who may want to invest and hold for more longer period, this also may be a best decision for them to have their investments yield for them as at when due.

That is why using the Bitcoin investment DCA method solves all the problems, investing with the Bitcoin DCA method is called an ideal investment. If you invest in Bitcoin weekly and form an emergency fund as a support, you will definitely be able to take advantage of all kinds of opportunities, you can buy dips at any time and if you follow the DCA method regularly, you will save on the purchase price.
As a result, it will be possible to sustain Bitcoin investment for a long time, and if implemented according to the plan, Bitcoin investment will be full of success. That is why those who follow the DCA method are the only ideal investors who are able to hold Bitcoin for a long time.

The DCA method is a very nice method to use in Bitcoin investment because it help people with different kind of source of income to invest without muh stress. But using the DCA doesn't mean we can take advantage of any opportunity in the market because the DCA method is just an approach or method but it is now your duty as an investor to make your funds ready and available in case those opportunities comes, so you can take advantage. Some people make mistakes by feeling that once they are using the DCA method everything is settled no that is not correct or true.

You can invest in Bitcoin with the DCA method even if you have one source of income because the DCA method allows investors to invest in Bitcoin with the little discretionary income at their disposal. The concept of the DCA method is to accumulate Bitcoin little by little, so even if you have multiple streams of income or one stream of income, you can still accumulate Bitcoin with the DCA strategy and accumulate a reasonable amount of Bitcoin if you remain consistent in accumulating Bitcoin. If investors are using the DCA strategy to accumulate Bitcoin, there is a possibility they will take advantage of the market because they will be consistent in accumulating Bitcoin once their discretionary income is available.

[JayJuanGee]

well there is a way in which this is possible, an investor can be doing DCA and still be timing the market and setting aside some part of his discretionary income for buying the dips. It is only when a no coiner , decide to wait for bitcoin to dip before they will start buying ,even when they have discretionary this when it should be consider problematic . Waiting for the dip is a bad idea for a no coiner .

That's why we need to differentiate between experienced investors and those who are still very new to investing. For novice investors, they only need to know the methods and methods they can use when they want to start investing, not when they're waiting for a price drop, which is like waiting for something that's uncertain to happen in the near future. Meanwhile, investors who manage their own investments, meaning they've been buying Bitcoin for several months or years, can immediately take advantage of the price drop as a discount, allowing them to frequently buy Bitcoin without waiting for a price drop. However, when the price drops, they're also much more enthusiastic about buying without panicking due to the declining price.

Of course experienced investors would have had more time to put good money management systems and practices into place, yet they still might have various differences between them in terms of what their starting point might have had been, since some investors might have come to bitcoin and already had good habits and others might come to bitcoin and have a lot of disorganization and bad habits that they need to fix, and some folks choose to never fix some of their bad habits, to the extent that they even are able to recognize such bad habits and to see them in need of being fixed.

[Derekfunds]

well there is a way in which this is possible, an investor can be doing DCA and still be timing the market and setting aside some part of his discretionary income for buying the dips. It is only when a no coiner , decide to wait for bitcoin to dip before they will start buying ,even when they have discretionary this when it should be consider problematic . Waiting for the dip is a bad idea for a no coiner .

That's why we need to differentiate between experienced investors and those who are still very new to investing. For novice investors, they only need to know the methods and methods they can use when they want to start investing, not when they're waiting for a price drop, which is like waiting for something that's uncertain to happen in the near future. Meanwhile, investors who manage their own investments, meaning they've been buying Bitcoin for several months or years, can immediately take advantage of the price drop as a discount, allowing them to frequently buy Bitcoin without waiting for a price drop. However, when the price drops, they're also much more enthusiastic about buying without panicking due to the declining price.

Of course experienced investors would have had more time to put good money management systems and practices into place, yet they still might have various differences between them in terms of what their starting point might have had been, since some investors might have come to bitcoin and already had good habits and others might come to bitcoin and have a lot of disorganization and bad habits that they need to fix, and some folks choose to never fix some of their bad habits, to the extent that they even are able to recognize such bad habits and to see them in need of being fixed.

You are absolutely correct and that is why some of these folks hardly make a good investment in their accumulation journey and it is not only limited to Bitcoin investment alone even some other Investment, anyone who doesn't have a good habit will never achieve their goal because that their habit will cause a disaster or set backs that are not even necessary. And Investment like Bitcoin is not something someone should go into with a bad or habit that is not encouraging because they may not follow the process properly and as a result of not following it properly there is a must they will either panic or sell. So our attitude before we start and after we start Bitcoin accumulation is very crucial.

[I_Anime]

well there is a way in which this is possible, an investor can be doing DCA and still be timing the market and setting aside some part of his discretionary income for buying the dips. It is only when a no coiner , decide to wait for bitcoin to dip before they will start buying ,even when they have discretionary this when it should be consider problematic . Waiting for the dip is a bad idea for a no coiner .

That's why we need to differentiate between experienced investors and those who are still very new to investing. For novice investors, they only need to know the methods and methods they can use when they want to start investing, not when they're waiting for a price drop, which is like waiting for something that's uncertain to happen in the near future. Meanwhile, investors who manage their own investments, meaning they've been buying Bitcoin for several months or years, can immediately take advantage of the price drop as a discount, allowing them to frequently buy Bitcoin without waiting for a price drop. However, when the price drops, they're also much more enthusiastic about buying without panicking due to the declining price.

Of course experienced investors would have had more time to put good money management systems and practices into place, yet they still might have various differences between them in terms of what their starting point might have had been, since some investors might have come to bitcoin and already had good habits and others might come to bitcoin and have a lot of disorganization and bad habits that they need to fix, and some folks choose to never fix some of their bad habits, to the extent that they even are able to recognize such bad habits and to see them in need of being fixed.

When come to bitcoin investment there a lot of inexperienced investors. Which is not bad because there’s always a starting point for everyone, even those that are experienced investors now are once inexperienced, what matters is the determination to keep learning and growing , many lacks this though because most are blinded by quick profits and stuff . They will invest today looking for massive returns within a short period of time . That’s why principle matters a lot when come to investing and inorder to follow principles one have to be disciplined.

[JayJuanGee]

well there is a way in which this is possible, an investor can be doing DCA and still be timing the market and setting aside some part of his discretionary income for buying the dips. It is only when a no coiner , decide to wait for bitcoin to dip before they will start buying ,even when they have discretionary this when it should be consider problematic . Waiting for the dip is a bad idea for a no coiner .

That's why we need to differentiate between experienced investors and those who are still very new to investing. For novice investors, they only need to know the methods and methods they can use when they want to start investing, not when they're waiting for a price drop, which is like waiting for something that's uncertain to happen in the near future. Meanwhile, investors who manage their own investments, meaning they've been buying Bitcoin for several months or years, can immediately take advantage of the price drop as a discount, allowing them to frequently buy Bitcoin without waiting for a price drop. However, when the price drops, they're also much more enthusiastic about buying without panicking due to the declining price.

Of course experienced investors would have had more time to put good money management systems and practices into place, yet they still might have various differences between them in terms of what their starting point might have had been, since some investors might have come to bitcoin and already had good habits and others might come to bitcoin and have a lot of disorganization and bad habits that they need to fix, and some folks choose to never fix some of their bad habits, to the extent that they even are able to recognize such bad habits and to see them in need of being fixed.

You are absolutely correct and that is why some of these folks hardly make a good investment in their accumulation journey and it is not only limited to Bitcoin investment alone even some other Investment, anyone who doesn't have a good habit will never achieve their goal because that their habit will cause a disaster or set backs that are not even necessary. And Investment like Bitcoin is not something someone should go into with a bad or habit that is not encouraging because they may not follow the process properly

For sure, I am not suggesting that anyone needs to fix their organization skills before getting into bitcoin or to fix their organization skills in order to stay in bitcoin.  You don't need to be organized to get into bitcoin, even though I frequently suggest that more organized people will have advantages and options that unorganized people will not have.  No one is precluded from bitcoin because they are disorganized or if they refuse to organize themselves.

The only requirements to get into bitcoin investing is to have discretionary funds and some common sense.  The common sense will hopefully help to lead guys to getting their shit in order so that they can invest more aggressively in bitcoin, yet not everyone with common sense chooses to get their shit together, so they can choose their level of aggressiveness and also they can choose the extent to which they correct the chaos in their lives...

It seems that bitcoin could incentivize people to improve their cashflow management systems, since they will be disadvantaged if they choose not to improve their cashflow management systems, even though they are not precluded from getting into bitcoin.  I also think that it is better to invest into bitcoin rather than to trade it, yet some folks will choose to try to trade it.. which seems like a bad idea, yet each person is free to choose how they get into bitcoin and the extent to which they learn about bitcoin once they have started to buy some of it. 

Getting started buying bitcoin is important, since getting started will help to incentivize those guys to learn more about bitcoin, even if some folks will choose to not learn anything beyond superficially around what is bitcoin.

and as a result of not following it properly there is a must they will either panic or sell. So our attitude before we start and after we start Bitcoin accumulation is very crucial.

I doubt that we need to fix our attitude or to have a certain kind of attitude prior to starting bitcoin, even though sometimes the characteristics of folks might take a long time to change, even if they get started in bitcoin and they try to improve their cashflow management skills and practices, they still might have challenges in their personality that they need to figure out, and I list several of those factors in one of my earlier posts.  Guys are not required to get their shit together prior to getting started investing in bitcoin, and getting started tends to be a good idea for anyone as long as they have discretionary funds in order to start.

[Floczy]

I doubt that we need to fix our attitude or to have a certain kind of attitude prior to starting bitcoin, even though sometimes the characteristics of folks might take a long time to change, even if they get started in bitcoin and they try to improve their cashflow management skills and practices, they still might have challenges in their personality that they need to figure out, and I list several of those factors in one of my earlier posts.  Guys are not required to get their shit together prior to getting started investing in bitcoin, and getting started tends to be a good idea for anyone as long as they have discretionary funds in order to start.

I agree with you. Attitude is similar to knowledge and investment plans (emergency, savings). An investor can also build a decent attitude towards their investment along the line, the same way they can keep learning, at the same time building their emergency funds instead of waiting for who knows how long. These are probably the activities investors do at the wrong time. The right thing, but at the wrong time. It will take someone who has the knowledge that you just shared to be able to tell them what they intend to do will only delay them and give good reasons for the investor to understand. People are so naïve, even when they hear the truth, so sometimes it takes them to follow their own conviction, till they get the experience. However, Bitcoin dont wait for anyone, the price keeps swinging no matter how long we think we ought to prepare.

[Bigjoe33]

beginners or newbies. It isn't just Long term investors that uses DCA, even Short term investors also makes use of it to buy Bitcoin for a short term. Short term investors can adopt the use of DCA to accumulate Bitcoin and later endup selling it for quick profits .

 DCA doesn't guarantee success of Hodling Bitcoin for the long term instead, success of Hodl depends on the individuals mindset and not the strategy. Example, an individual can set two & half year time-frames to accumulate Bitcoin, within this specific period of time,he consistently buy bitcoin using DCA. Once the timeframe is complete, he then sells for profit. My points is, to Hodl successfully for the long term has nothing to do with Strategy but individual mindset and their level of discipline.

Let me say this about your first statement, you don't refer to those who buy and sell quickly when they notice a small Jump in price  as short time investors, No no! They are traders and not investors, since they feast on quick sells without a long time Hodl mindset which is not the best way to be involved in bitcoin. It is best for long term. Investors are people who actually come into bitcoin investment with a long term mindset, like 4-10 years and above.

Surely, The strategy you employ to accumulate Bitcoin is not an assurance that you will Hodl for long term like you mentioned, but there is always a good or better way to do something which will tend to give you a better result., and that's emphasis has been on the DCA strategy as the best way of accumulating Bitcoin for newbies or any level of investor because it allows you to invest within your means, as low as $10 weekly or monthly depending on your cash flow.
So with such liverage, a potential investor can start up his investment if he has figured out his discretionary income, while he gradually builds up his emergency funds and other back up funds which helps him sustain his investment for long term plan. So, to an extent, we can say that when we employ the right strategy, ensuring a proper income allocation and management skills, while keeping up with our consistent DCA buys, we could possibly build a solid block for long term investment

[avp2306]

and as a result of not following it properly there is a must they will either panic or sell. So our attitude before we start and after we start Bitcoin accumulation is very crucial.

I doubt that we need to fix our attitude or to have a certain kind of attitude prior to starting bitcoin, even though sometimes the characteristics of folks might take a long time to change, even if they get started in bitcoin and they try to improve their cashflow management skills and practices, they still might have challenges in their personality that they need to figure out, and I list several of those factors in one of my earlier posts.  Guys are not required to get their shit together prior to getting started investing in bitcoin, and getting started tends to be a good idea for anyone as long as they have discretionary funds in order to start.

Its actually unrealistic for people to have perfect attitude if this is what they are referring to or flawless disciplines towards their financial aspects. Since every flaws they encounter is part of learning process. Even veterans holders still learning from each situation or some mistakes they made. Those cash flow discipline, developing patience and managing everything that they can add up will just gonna come up especially when they are consistently investing on Bitcoin.

They don't need to figure out everything before saying they are ready. Since just having a will to start would be the enough and better not to make everything so complicated since it will just give them unnecessary things to think about.

[Gallar]

Its actually unrealistic for people to have perfect attitude if this is what they are referring to or flawless disciplines towards their financial aspects. Since every flaws they encounter is part of learning process. Even veterans holders still learning from each situation or some mistakes they made. Those cash flow discipline, developing patience and managing everything that they can add up will just gonna come up especially when they are consistently investing on Bitcoin.

They don't need to figure out everything before saying they are ready. Since just having a will to start would be the enough and better not to make everything so complicated since it will just give them unnecessary things to think about.

In the world of investing, there's no such thing as perfection, because we're all human and we inevitably make mistakes. So, it's inevitable that we've made mistakes in Bitcoin investing, some of which we may or may not have realized. But don't worry, that's perfectly normal. As we know, sometimes the most valuable and lasting lessons come from learning from our own mistakes. Therefore, in investing, we shouldn't pursue perfection. Believe me, pursuing perfection too much can have negative consequences. Pursuing perfection means having to be perfectly disciplined and accumulate Bitcoin once a week without missing a single week for 10 years. This is just a rough outline, in my opinion, but it's an example of what might be considered the pursuit of perfection.

If someone thinks like that without considering anything else, it means they've forgotten many things, including not prioritizing their own interests. After all, in life, we never know what the future holds. Therefore, we shouldn't feel overly burdened by our Bitcoin investments. Because investing in Bitcoin truly requires a healthy state of mind. Furthermore, many people say you need to learn a lot before investing in Bitcoin. I admit that's not entirely forbidden. However, I don't think you need to learn everything about Bitcoin before investing. I believe learning the basics is enough to invest in Bitcoin. So, in essence, investing in Bitcoin is very simple, but it's our minds that complicate it.

[Obulis]

No investment is guaranteed including Bitcoin, and i don't think if there is anything like waiting for the right price, every price looking at you is the right price. It is good to have a multiple streams of income but having a multiple streams of income should also go along with developing a good financial management skills if not it will all result to nothing and you will be struggling to figure out what best to be put first and this is a major problem that most people are having.

That statement, "I'm waiting for the right price" has made many people to miss out buying Bitcoin cheaper, I don't know whether they forget that Bitcoin is very volatile and waits for no one to invest. The sad truth is that would always move either upwards or downwards at any given time to there no need waiting for the best time while an opportunity to buy it cheaper passes by.

 Well having different streams of income is a plus for Bitcoin investment since the investor could easily generate the discretionary and be able to take advantage of the downtrend of volatility when it occurs but then with the right management skills like you said, one can comfortably build their portfolio with a source of income,  it's not really compulsory that an investor must have different sources of income before investing in Bitcoin.

Somehow the statement "I am waiting for the right price" simply implies waiting for the dip. Of course it would be a good advantage to buy Bitcoin cheap even when long-term /investment oriented. But always waiting for the right market price which is for sure a dip before buying is mostly common with traders not investors. Whether multiple stream of income or one, it won't change persons who love waiting for the right price.

[puloweh555]

well there is a way in which this is possible, an investor can be doing DCA and still be timing the market and setting aside some part of his discretionary income for buying the dips. It is only when a no coiner , decide to wait for bitcoin to dip before they will start buying ,even when they have discretionary this when it should be consider problematic . Waiting for the dip is a bad idea for a no coiner .

That's why we need to differentiate between experienced investors and those who are still very new to investing. For novice investors, they only need to know the methods and methods they can use when they want to start investing, not when they're waiting for a price drop, which is like waiting for something that's uncertain to happen in the near future. Meanwhile, investors who manage their own investments, meaning they've been buying Bitcoin for several months or years, can immediately take advantage of the price drop as a discount, allowing them to frequently buy Bitcoin without waiting for a price drop. However, when the price drops, they're also much more enthusiastic about buying without panicking due to the declining price.

What differentiates novice investors from experienced investors lies in their view of Bitcoin as an asset. Novice investors view Bitcoin as an asset for profit, but experienced investors view Bitcoin as a scarce asset, not just an investment asset but also an asset that can hedge against the downsides of the fiat system.

This is why experienced investors aren't so concerned about the price because they continue to buy Bitcoin, believing it to be a scarce asset in the future. In contrast novice investors buy Bitcoin during a downturn and even when the price starts to drop they quickly panic because they still have doubts about Bitcoin. I mean the mindsets of experienced investors and novice investors are very different, this is the difference.

[sotelorene]

No investment is guaranteed including Bitcoin, and i don't think if there is anything like waiting for the right price, every price looking at you is the right price. It is good to have a multiple streams of income but having a multiple streams of income should also go along with developing a good financial management skills if not it will all result to nothing and you will be struggling to figure out what best to be put first and this is a major problem that most people are having.

That statement, "I'm waiting for the right price" has made many people to miss out buying Bitcoin cheaper, I don't know whether they forget that Bitcoin is very volatile and waits for no one to invest. The sad truth is that would always move either upwards or downwards at any given time to there no need waiting for the best time while an opportunity to buy it cheaper passes by.

 Well having different streams of income is a plus for Bitcoin investment since the investor could easily generate the discretionary and be able to take advantage of the downtrend of volatility when it occurs but then with the right management skills like you said, one can comfortably build their portfolio with a source of income,  it's not really compulsory that an investor must have different sources of income before investing in Bitcoin.

Somehow the statement "I am waiting for the right price" simply implies waiting for the dip. Of course it would be a good advantage to buy Bitcoin cheap even when long-term /investment oriented. But always waiting for the right market price which is for sure a dip before buying is mostly common with traders not investors. Whether multiple stream of income or one, it won't change persons who love waiting for the right price.

I don't totally agree with that dude, waiting for the Dip is not just trader kind of stuff it is for both traders and investors but it is been carried out with different purpose and motive. A trader can be waiting for the price of Bitcoin to dip so they can buy and wait for the price to increase so they can sell and get a profit which most times doesn't work for them but investors doesn't buy for this reason or motive rather they keep accumulating using the DCA method while they are saving for the Dip so they can front load their investment and the plan is to hold for a long term.

[Just Say]

No investment is guaranteed including Bitcoin, and i don't think if there is anything like waiting for the right price, every price looking at you is the right price. It is good to have a multiple streams of income but having a multiple streams of income should also go along with developing a good financial management skills if not it will all result to nothing and you will be struggling to figure out what best to be put first and this is a major problem that most people are having.

That statement, "I'm waiting for the right price" has made many people to miss out buying Bitcoin cheaper, I don't know whether they forget that Bitcoin is very volatile and waits for no one to invest. The sad truth is that would always move either upwards or downwards at any given time to there no need waiting for the best time while an opportunity to buy it cheaper passes by.

 Well having different streams of income is a plus for Bitcoin investment since the investor could easily generate the discretionary and be able to take advantage of the downtrend of volatility when it occurs but then with the right management skills like you said, one can comfortably build their portfolio with a source of income,  it's not really compulsory that an investor must have different sources of income before investing in Bitcoin.

Somehow the statement "I am waiting for the right price" simply implies waiting for the dip. Of course it would be a good advantage to buy Bitcoin cheap even when long-term /investment oriented. But always waiting for the right market price which is for sure a dip before buying is mostly common with traders not investors. Whether multiple stream of income or one, it won't change persons who love waiting for the right price.

I'm waiting for the right price/waiting for the right drop/waiting for a bear run these only dampen the spirits of potential investors. If we are investment-oriented then of course buying cheap Bitcoin would be a good advantage but whether or not the unexpected moment will ever happen or can happen is also not sufficiently accurate.
In my opinion it is normal to make mistakes in the world of investment but it is inevitable to correct that mistake because the negative idea of always buying digital gold at low prices or in a bear market should be avoided and one should learn from one's mistakes and invest immediately even with flawless discipline, patience should be developed.

You are right that whether there is multiple streams of income or one, but it will never change the people who prefer to wait for the right price,recession,decline, that is even if they have a means of earning extra money, they will only delay and wait for the fall through excuses.

[NeosGreen]

well there is a way in which this is possible, an investor can be doing DCA and still be timing the market and setting aside some part of his discretionary income for buying the dips. It is only when a no coiner , decide to wait for bitcoin to dip before they will start buying ,even when they have discretionary this when it should be consider problematic . Waiting for the dip is a bad idea for a no coiner .

That's why we need to differentiate between experienced investors and those who are still very new to investing. For novice investors, they only need to know the methods and methods they can use when they want to start investing, not when they're waiting for a price drop, which is like waiting for something that's uncertain to happen in the near future. Meanwhile, investors who manage their own investments, meaning they've been buying Bitcoin for several months or years, can immediately take advantage of the price drop as a discount, allowing them to frequently buy Bitcoin without waiting for a price drop. However, when the price drops, they're also much more enthusiastic about buying without panicking due to the declining price.

What differentiates novice investors from experienced investors lies in their view of Bitcoin as an asset. Novice investors view Bitcoin as an asset for profit, but experienced investors view Bitcoin as a scarce asset, not just an investment asset but also an asset that can hedge against the downsides of the fiat system.

This is why experienced investors aren't so concerned about the price because they continue to buy Bitcoin, believing it to be a scarce asset in the future. In contrast novice investors buy Bitcoin during a downturn and even when the price starts to drop they quickly panic because they still have doubts about Bitcoin. I mean the mindsets of experienced investors and novice investors are very different, this is the difference.

Spot on. It's the difference between investing in Bitcoin and investing with Bitcoin. The experienced holder isn't just waiting for a higher dollar price; they're waiting for a day when Bitcoin's value is measured in what it can do, not just what it can be sold for. The doubt you mention is key—newbies doubt Bitcoin itself, while vets doubt the traditional system. That flips everything.

[Futurexxx]

. If we are investment-oriented then of course buying cheap Bitcoin would be a good advantage but whether or not the unexpected moment will ever happen or can happen is also not sufficiently accurate.

Time's without numbers, it has been stated very clearly by sir jayguangee in this thread that buying the dip is not a problem if you are not waiting for it before buying, you should be buying and accumulating consistently regardless of it price and when the dip comes, you can still buy aggressively with your reserve funds or with your available discretionary income then, because that's the best way to go.
Where the problem are is waiting for a dip that may never come, which might compel you to miss a whole lot of buying opportunities since no one knows what may happen to the price of Bitcoin in the next few minutes or hours, so buying and accumulating without paying attention to it price is the best way to accumulate a good stash of Bitcoin, not by trying to play smart and wait for a dip instead of buying once your discretionary income is available.

[Rockson1]

I'm waiting for the right price/waiting for the right drop/waiting for a bear run these only dampen the spirits of potential investors. If we are investment-oriented then of course buying cheap Bitcoin would be a good advantage but whether or not the unexpected moment will ever happen or can happen is also not sufficiently accurate.
In my opinion it is normal to make mistakes in the world of investment but it is inevitable to correct that mistake because the negative idea of always buying digital gold at low prices or in a bear market should be avoided and one should learn from one's mistakes and invest immediately even with flawless discipline, patience should be developed.

You are right that whether there is multiple streams of income or one, but it will never change the people who prefer to wait for the right price,recession,decline, that is even if they have a means of earning extra money, they will only delay and wait for the fall through excuses.

Any newbie having the mindset of buying the dip when they are not in the investment already, is not serious, buying the dip is not a problem but where I will find such as an unserious decision is when you are not acumulating Bitcoin, you have never invested in Bitcoin, all of a sudden you just say you want to buy at the dip, this obviously means that such person is ignorant and may end up not buying at all, the price of Bitcoin is unpredictable but we speculate, volatility and fluctuation is Bitcoin itself, so what if some decides to buy and the keep pushing upward, what will be the person's next line of action, obviously the intending investor might decide to give up and that ends it, let's buy Bitcoin, then prepare to buy more during the dip, if it actually comes as we expect it.

[ejikeme24]

Time's without numbers, it has been stated very clearly by sir jayguangee in this thread that buying the dip is not a problem if you are not waiting for it before buying, you should be buying and accumulating consistently regardless of it price and when the dip comes, you can still buy aggressively with your reserve funds or with your available discretionary income then, because that's the best way to go.

To me I think waiting to buy the dip could be problematic for beginners/ or new investors because if those time spend in waiting for dip is spent in accumulating Bitcoin I'm sure that they would go far in their accumulation journey even before the dip will happen, all beginners/ or new investors is advised to focus on the ongoing buying of Bitcoin rather than waiting for dip to happen before making their purchase. however this method of buying the dip is more recommended to those investors who are close to achieving their investment target, at this point even when the dip take longer you might probably not regret it, while waiting for the dip I will as well maintain the ongoing buying of Bitcoin rather than waiting solely when I'm not sure if it will happen soon or not.

[Cgrexp]

I doubt that we need to fix our attitude or to have a certain kind of attitude prior to starting bitcoin, even though sometimes the characteristics of folks might take a long time to change, even if they get started in bitcoin and they try to improve their cashflow management skills and practices, they still might have challenges in their personality that they need to figure out, and I list several of those factors in one of my earlier posts.  Guys are not required to get their shit together prior to getting started investing in bitcoin, and getting started tends to be a good idea for anyone as long as they have discretionary funds in order to start.

I agree with you. Attitude is similar to knowledge and investment plans (emergency, savings). An investor can also build a decent attitude towards their investment along the line, the same way they can keep learning, at the same time building their emergency funds instead of waiting for who knows how long. These are probably the activities investors do at the wrong time. The right thing, but at the wrong time. It will take someone who has the knowledge that you just shared to be able to tell them what they intend to do will only delay them and give good reasons for the investor to understand. People are so naïve, even when they hear the truth, so sometimes it takes them to follow their own conviction, till they get the experience. However, Bitcoin dont wait for anyone, the price keeps swinging no matter how long we think we ought to prepare.

Investors usually have a certain level of backup funds that they do not allow to be reduced except in an emergency. When the emergency fund is depleted or exhausted, measures should be taken to replenish it. More complicated situations may arise later if the fund is replenished. If the fund is not replenished after the emergency fund is exhausted, but the funds are not replenished, then if it is not possible to reduce expenses or increase income, then holding Bitcoin may be forced to be used. It is important to have prior preparation and systems in place to avoid such situations. Using Bitcoin in the early stages of Bitcoin can be a big problem because then the holding is in the process of increasing. However, if there is enough or more Bitcoin, there is no need to worry much about reducing the holding a little, a large holding provides more protection and it takes time to reach this stage.

[Showlove01]

well there is a way in which this is possible, an investor can be doing DCA and still be timing the market and setting aside some part of his discretionary income for buying the dips. It is only when a no coiner , decide to wait for bitcoin to dip before they will start buying ,even when they have discretionary this when it should be consider problematic . Waiting for the dip is a bad idea for a no coiner .

That's why we need to differentiate between experienced investors and those who are still very new to investing. For novice investors, they only need to know the methods and methods they can use when they want to start investing, not when they're waiting for a price drop, which is like waiting for something that's uncertain to happen in the near future. Meanwhile, investors who manage their own investments, meaning they've been buying Bitcoin for several months or years, can immediately take advantage of the price drop as a discount, allowing them to frequently buy Bitcoin without waiting for a price drop. However, when the price drops, they're also much more enthusiastic about buying without panicking due to the declining price.

What differentiates novice investors from experienced investors lies in their view of Bitcoin as an asset. Novice investors view Bitcoin as an asset for profit, but experienced investors view Bitcoin as a scarce asset, not just an investment asset but also an asset that can hedge against the downsides of the fiat system.

This is why experienced investors aren't so concerned about the price because they continue to buy Bitcoin, believing it to be a scarce asset in the future. In contrast novice investors buy Bitcoin during a downturn and even when the price starts to drop they quickly panic because they still have doubts about Bitcoin. I mean the mindsets of experienced investors and novice investors are very different, this is the difference.

Spot on. It's the difference between investing in Bitcoin and investing with Bitcoin. The experienced holder isn't just waiting for a higher dollar price; they're waiting for a day when Bitcoin's value is measured in what it can do, not just what it can be sold for. The doubt you mention is key—newbies doubt Bitcoin itself, while vets doubt the traditional system. That flips everything.

I don't understand what you mean by investing with Bitcoin, because someone who is investing in Bitcoin can not invest with Bitcoin rather they can invest with Bitcoin in other investment. Whether higher dollar price or not a real investor will keep on investing that is why DCA method is there to help an investor take advantage or invest at any price regardless of the market phase and I disagree with you, experience investors are not waiting for a day when Bitcoin value is measured in what it can do rather they are investing with a long term goal to have a Bitcoin as an asset in the future.

[JayJuanGee]

[edited out]

........ investors doesn't buy for this reason or motive rather they keep accumulating using the DCA method while they are saving for the Dip so they can front load their investment and the plan is to hold for a long term.

The idea of front loading does not necessarily have a dip buying component.. even though the idea of front loading is to buy early rather than to buy later.  so you are convoluting the idea of frontloading which might confuse folks into thinking that frontloading is done within a buying the dip practice, which is not necessarily true, even though guys might save up for dips in order to try to buy BIGGER on dips, even though they might not be successful in their waiting for dips that may well not end up happening, and they may well could have had been better off to employ a practice where they were buying all of the time rather than trying to time dips that may or may not end up happening.

I doubt that we need to fix our attitude or to have a certain kind of attitude prior to starting bitcoin, even though sometimes the characteristics of folks might take a long time to change, even if they get started in bitcoin and they try to improve their cashflow management skills and practices, they still might have challenges in their personality that they need to figure out, and I list several of those factors in one of my earlier posts.  Guys are not required to get their shit together prior to getting started investing in bitcoin, and getting started tends to be a good idea for anyone as long as they have discretionary funds in order to start.

I agree with you. Attitude is similar to knowledge and investment plans (emergency, savings). An investor can also build a decent attitude towards their investment along the line, the same way they can keep learning, at the same time building their emergency funds instead of waiting for who knows how long. These are probably the activities investors do at the wrong time. The right thing, but at the wrong time. It will take someone who has the knowledge that you just shared to be able to tell them what they intend to do will only delay them and give good reasons for the investor to understand. People are so naïve, even when they hear the truth, so sometimes it takes them to follow their own conviction, till they get the experience. However, Bitcoin dont wait for anyone, the price keeps swinging no matter how long we think we ought to prepare.

Investors usually have a certain level of backup funds that they do not allow to be reduced except in an emergency. When the emergency fund is depleted or exhausted, measures should be taken to replenish it. More complicated situations may arise later if the fund is replenished. If the fund is not replenished after the emergency fund is exhausted, but the funds are not replenished, then if it is not possible to reduce expenses or increase income, then holding Bitcoin may be forced to be used. It is important to have prior preparation and systems in place to avoid such situations. Using Bitcoin in the early stages of Bitcoin can be a big problem because then the holding is in the process of increasing. However, if there is enough or more Bitcoin, there is no need to worry much about reducing the holding a little, a large holding provides more protection and it takes time to reach this stage.

You are correct Cgrexp.  We should try to take measures so that we never have to tap into our bitcoin at a time that is not of our own choosing, and it can be even more problematic in the beginning because we are building our bitcoin holdings and trying to build good habits and practices, so we do our best and we try to improve and if it is our last resort to tap into our bitcoin, we try to minimize how much we tap into the bitcoin and then get back to building both our bitcoin and building our back  up funds so that we will not have to tap into our bitcoin in the future. 

Guys have to figure out these matters in order to help themselves, and sometimes they might not know what to do or how much to put into bitocin versus putting into back up funds, yet many poor people have challenges to get themselves out of being poor because they do not keep enough back up funds and they don't have places to bail them out if they get into trouble, so poor people tend to need to put strong systems in place and continue to reinforce their strong systems in order to build their bitcoin holdings, even if their building of their bitcoin holdings might take a long time to make progress.. such as $10 per week may well take a whole year just to get up to $520 invested, yet having $520 invested may well put them in a better place and they can protect it, and they may well be even in a better place if they had invested $5,200 after 10 years, and perhaps bitcoin had also gone up in value during that time... so they end up in a better place for having had invested in bitcoin as compared with if they had not invested in bitcoin, even if the amount invested was not very large as compared with some other people who have more resources and/or better income.