Buy Buy Buy or Sell Sell Sell?

[Solokan]

I will be increasing my allocation to Bitcoin accumulation to accommodate buying the dip which I will be adding to my ongoing DCA accumulation. I think it is the right thing to do before price returns above $100,000 which I expect to happen next year. A lot of us did not expect the dump in price but it happened and the only way to take advantage of it is to buy more coins and hold.

Adding funds to buy BTC is a good idea as long as we use discretionary income. But we don't know what will happen to the price of BTC next year, whether it will return to $100k or not. But try to focus on not thinking about the price of BTC when accumulating it. Many people don't want to see the price of BTC fall if they have already bought it, but for me, I don't think too much about whether the price of BTC will rise or not because BTC will certainly have the potential to rise in the future, even though price corrections are always possible. But in my opinion, even if the BTC price rises above $100k, it is still a good time to buy BTC. But I am impressed with you because you seem very enthusiastic about doing DCA. 

[SPIDERMAN008]

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

I think he is a person from a different planet . No matter where he is, it is more important to create a habit of buying and holding Bitcoin regularly.

Many people think that investing in Bitcoin with $10 or $20 is not beneficial. But it is more important to start. If he can invest $10 as discretionary income every week, then that is a lot for him. Because many people think that such a small amount will not make  dca and remain as nocoiner for a long time. Rather, the biggest advantage of starting with a small amount is that they get used to frequent investment. When someone starts buying Bitcoin regularly, they learn to understand their mental reactions, learn to discipline their financial management and their behavior. Without this habit, many times even if they invest with more money, they cannot continue investing for a long time.

If a person has a strong mind set to invest for the long term, then his mentality will remain the same as if he could buy $10 a week today, but in 2-3 years he will be able to invest more money as it grows.

[ZeroVinsonN]

what the hell happened to having an emergency funds,, huh? Do you think people can just dump money into Bitcoin without creating a backup and think that nothing will happen. The whole essence of emergency funds is to handle unnecessary expenses that you may be faced while investing. Having an unstable income isn't the problem man, the problem is not creating backup funds. Investing without your emergency funds is pure gambling.

That's why people who jump in without an emergency fund are always the first to panic, especially if the market experiences a slight correction. They might follow the trend, create drama, then create a story, or even complain privately, blaming the market and Bitcoin, when the problem is actually a poor foundation from the start. But, In my opinion the most important thing is to not lose our common sense.

That's not true, investing without emergency funds will never make an investor to panic because we don't actually need an emergency funds to invest in Bitcoin rather what we need to invest in Bitcoin is our discretionary income and an investor will surely panic when they invest with funds outside their discretionary because it is obvious the money can be for expenses so don't get it twisted, you can actually invest in Bitcoin without your emergency funds but it is very necessary to set it up before challenge arise.

I totally disagree with you on this. We all know that discretionary are funds that we might not use immediately since we have settled our present needs and bills, we can as well use our discretionary funds for our bitcoin investment, but that’s not the case with emergency funds, we keep emergency funds for unexpected personal crisis which sometimes discretionary funds will not be sufficient to solve. In a scenario where you don’t have an emergency funds and you are into Bitcoin investment probably you accumulate Bitcoin via DCA method of over 8-10 years, mind you, you’ve used your discretionary funds for investment, when emergency crisis arise  and you don’t have who to run to, you’ll definitely look at your last line of hope which is your investment.

Let’s assume you acquired a loan to solve the present crisis and you are expected to pay that loan in few months time, you won’t be able stick to your DCA routine, because you’re trying to pay up your outstanding loan. In a worst scenario where you can’t get a loan, your investment portfolio is you only hope left. Assuming you’ve got emergency funds available you won’t go through all these stress. So I’ll recommend you debunk the thought that you can have a steady running Bitcoin portfolio without an emergency funds.

You need to correct this assumption that your emergency fund is vastly different from your discretionary income, I understand that you are new in the forum so you probably don't fully understand what your discretionary income is and where your emergency fund comes from.
We invest in bitcoin with our discretionary income but you need to understand that our emergency fund also mostly comes from our discretionary income too, your discretionary is what's left after you have already settled your bill and with proper financial planning you can even get your discretionary fund out of your income before you even settle your bills, or at least you can get a part of your discretionary income, it's best to not overestimate your skills and end up assuming your total discretionary income which might end up cutting into funds meant for something else, your emergency on the other hand is money set aside FROM your discretionary income usually worth around 3 months of your expenses that can be used to get yourself through certain unexpected situations that life throws at you. Potential bitcoin investors who do not have an emergency fund ready are advised to invest in bitcoin and save up for emergency at the same time from their discretionary, the ratio at which they end up splitting their discretionary is ultimately their choice but you need to understand that you don't necessarily have to put all of your discretionary income in your bitcoin investment if you already have an emergency fund available since there are most likely to be other things that you would want to do for yourself too like maybe treat yourself to a night out on a weekend after a very stressful week or maybe you want to get yourself a new phone probably because your current one no longer appeals to you, this is not an emergency and it isn't also some essential needs, it's just something you want to do for yourself which means it will be done from the means of your discretionary income.

That's right, the amount of discretionary income that's folks use for their DCA is what determines the size of their portfolio after 4-10 years of investing.....Folks who decides to stay within their financial capacity and are investing little amount like $10 or so are still doing something positive, but then it may be quite impossible for such a small amount to lead to financial independence within 4 years or even 10 years in some cases. Unless that person is flexible in his investment, which means that as he increases his investment amount along the way, as his income grows. Doing so increases the compounding results.

Performing a DCA on Bitcoin using $10, and accumulating it once a week, I think it would still yield a pretty good return. Because there are 44 weeks in a year, and if you multiply that by 10 years, that's 440 weeks. So, if you invest $10 per week in Bitcoin, consistently for 10 years, you'll have invested around $4,400. So, if Bitcoin continues to rise in price and reaches new highs over the course of two cycles, that amount could certainly multiply. So, I think that's quite a good deal, especially for people living in countries with a relatively low cost of living. That's why I'm personally quite optimistic and support anyone investing in Bitcoin, even with a small amount. Essentially, it will help them improve their financial well-being in the future.

I'm not even sure how to respond to this 🤦🏾‍♂️😂😂


@Mekie21 I had assumed that you were new to the forum which was why you did not know where your emergency fund came from but now I'm noticing that you have even been here longer then me, I guess you weren't active enough through the years.

[Rgram]

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

I think he is a person from a different planet . No matter where he is, it is more important to create a habit of buying and holding Bitcoin regularly.

If a person has a strong mind set to invest for the long term, then his mentality will remain the same as if he could buy $10 a week today, but in 2-3 years he will be able to invest more money as it grows.

Investing isn’t something that is required, pushed or forced on a person, it’s a mindset and should you find the need to invest a field or have that strong belief system in Bitcoin to be the future, you wouldn’t find many persons investing $10 to the amount of $520 a year and $5,200 in 10 years. That’s too poor to secure or go by for an asset of the future.

We are talking about a decade here and that’s so much time, so much changes in our world and you can’t really put a finger on what is going to happen. Best to take chances where you’ve found the rest of the would to be seeing potentials and that’s with Bitcoin. It’s no longer a question of legalizing but, regulations.

[Joeboy]

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

I think he is a person from a different planet . No matter where he is, it is more important to create a habit of buying and holding Bitcoin regularly.

Many people think that investing in Bitcoin with $10 or $20 is not beneficial. But it is more important to start. If he can invest $10 as discretionary income every week, then that is a lot for him. Because many people think that such a small amount will not make  dca and remain as nocoiner for a long time. Rather, the biggest advantage of starting with a small amount is that they get used to frequent investment. When someone starts buying Bitcoin regularly, they learn to understand their mental reactions, learn to discipline their financial management and their behavior. Without this habit, many times even if they invest with more money, they cannot continue investing for a long time.

If a person has a strong mind set to invest for the long term, then his mentality will remain the same as if he could buy $10 a week today, but in 2-3 years he will be able to invest more money as it grows.

"Bitcoin is for everyone" this is just a theory it is actually a fact, a true reality.....So therefore little amount of w discretionary income such as $10 or $20 shouldn't be a limiting factor to investment. It is better that folks stop eating time and start with that little amount and overtime you figure out ways to increase your investment amount, than to wait for a bigger amount that may never come. Size may matter in the long run, but then it is never a criteria to investment...

[abaeze]

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

I think he is a person from a different planet . No matter where he is, it is more important to create a habit of buying and holding Bitcoin regularly.

If a person has a strong mind set to invest for the long term, then his mentality will remain the same as if he could buy $10 a week today, but in 2-3 years he will be able to invest more money as it grows.

Investing isn’t something that is required, pushed or forced on a person, it’s a mindset and should you find the need to invest a field or have that strong belief system in Bitcoin to be the future, you wouldn’t find many persons investing $10 to the amount of $520 a year and $5,200 in 10 years. That’s too poor to secure or go by for an asset of the future.

We are talking about a decade here and that’s so much time, so much changes in our world and you can’t really put a finger on what is going to happen. Best to take chances where you’ve found the rest of the would to be seeing potentials and that’s with Bitcoin. It’s no longer a question of legalizing but, regulations.

I completely agree with your statement that investment cannot be forced on anyone, but it is the result of faith, patience and the ability to understand the future. Many people are afraid to invest in a new source or consider it unimportant, so investing $10-$500 a year seems unimportant or too much to them.

I have nothing to say to those who have this kind of mentality. But for those who want to invest in Bitcoin but are afraid to invest because of its volatility, I would say to start with small amounts first. Because small amounts reduce fear and stress. Over time, people see how Bitcoin works, which increases their knowledge and confidence in investing in Bitcoin in the long term. And the best way to learn to invest in Bitcoin is to start with small amounts and understand your capabilities. People learn best through experience. So who wants to invest in bitcoin then no need to waste more time to invest in it because everybody should remember that time is money and money brings opertunity to invest.

[sotelorene]

With this your mindset and mentality, you will hardly invest in Bitcoin because you will always want your money or your source of income to be so big or huge before you can start your investment but I want to tell you for free that it is not true and that is not how Bitcoin works, you don't need a stable source of income before you can start investing in Bitcoin. This particular issue has been taken care of since in this thread Maybe you didn't go through some of the post here and if you take your time and go through it I promise you will learn a lot and perhaps, put off this your mentality because it won't help you and it is not true.

Yes, you are absolutely right that Bitcoin investment does not require a stable income, it can be invested even if there is no stable income. But you probably also know that if someone has a stable income, their morale towards investment is stronger. Think with conscience, not emotion, friend.

If you want to strengthen your investment and want to survive in investment without looking back, then it is much easier for you if you have a stable income. But it is not that you must have a stable source of income. I just want to say that if you have a stable income, then how easy it becomes for you to invest in Bitcoin.

A stable source of income plays a huge role in long-term investment. From this income, you can create your emergency fund, which will make it easier for you to invest. After that, if you want, you can also create a prudent source of income, you just have to try and be patient.

You are also right that investment does not require a stable income, I agree with this. It really does not. The most important thing for a new investor is to start investing. However, many people are confused in the new situation, how to start, where to start. The best thing for them is to observe the posts of the experts in the forum.

Because many people wait to make their source of income so big that it is too late to start investing in the end. However, those who really want to invest can start it from any financial situation.

Many people think, I don't know anything about investing, how can I become an expert in Bitcoin investing? For them, I just want to say this: investing in Bitcoin is not difficult at all. Rather, after starting investing, you will gradually learn everything and understand the market well.

But of course, have a long-term investment plan, which creates the possibility of getting something good in the future.

You are right, having a stable income make it easier and less stressful to invest in bitcoin. It helps in building emergency funds and also give someone confidence when investing. I do agree with you about someone waiting for the perfect income, this can really delay progress and make someone miss opportunities . Rather start small with the little amount you have, keep doing it consistently. This compounds your holdings over time.

On a normal,  having stable source of income.is supposed to make someone investment easy and less stressful but it is not bound to be that way rather you ( an investor) will work it out yourself because there are things that will come up both expenses and challenges that will want to hinder someone's growth and challenges and troubles are the mother of success, anyone who is able to overcome any financial challenge they will come across in Bitcoin investment they will be successful in the future as long as Bitcoin still remains Bitcoin. Stable source of income is not compulsory to have before someone should start investing in Bitcoin don't grow with this knowledge because it is false.

[Popkon6]

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

I think he is a person from a different planet . No matter where he is, it is more important to create a habit of buying and holding Bitcoin regularly.

Many people think that investing in Bitcoin with $10 or $20 is not beneficial. But it is more important to start. If he can invest $10 as discretionary income every week, then that is a lot for him. Because many people think that such a small amount will not make  dca and remain as nocoiner for a long time. Rather, the biggest advantage of starting with a small amount is that they get used to frequent investment. When someone starts buying Bitcoin regularly, they learn to understand their mental reactions, learn to discipline their financial management and their behavior. Without this habit, many times even if they invest with more money, they cannot continue investing for a long time.

If a person has a strong mind set to invest for the long term, then his mentality will remain the same as if he could buy $10 a week today, but in 2-3 years he will be able to invest more money as it grows.

"Bitcoin is for everyone" this is just a theory it is actually a fact, a true reality.....So therefore little amount of w discretionary income such as $10 or $20 shouldn't be a limiting factor to investment. It is better that folks stop eating time and start with that little amount and overtime you figure out ways to increase your investment amount, than to wait for a bigger amount that may never come. Size may matter in the long run, but then it is never a criteria to investment...

Bitcoin investment should be done with as much money as you can afford, and waiting for the price of Bitcoin to drop is foolish. So those who wait for opportunities cannot invest, so when you have cash, it is more reasonable for you to invest Bitcoin weekly or monthly according to the DCA method. Bitcoin investment should be done according to your ability, and an emergency fund should be formed to sustain Bitcoin investment for a long time. An emergency fund should be formed so that investors can face any danger, and be able to keep their Bitcoin investment for a long time, if invested with prudent income, it will definitely be possible to sustain their investment for a long time.

[Obulis]

That's right, the amount of discretionary income that's folks use for their DCA is what determines the size of their portfolio after 4-10 years of investing.....Folks who decides to stay within their financial capacity and are investing little amount like $10 or so are still doing something positive, but then it may be quite impossible for such a small amount to lead to financial independence within 4 years or even 10 years in some cases. Unless that person is flexible in his investment, which means that as he increases his investment amount along the way, as his income grows. Doing so increases the compounding results.

Performing a DCA on Bitcoin using $10, and accumulating it once a week, I think it would still yield a pretty good return. Because there are 44 weeks in a year, and if you multiply that by 10 years, that's 440 weeks. So, if you invest $10 per week in Bitcoin, consistently for 10 years, you'll have invested around $4,400. So, if Bitcoin continues to rise in price and reaches new highs over the course of two cycles, that amount could certainly multiply. So, I think that's quite a good deal, especially for people living in countries with a relatively low cost of living. That's why I'm personally quite optimistic and support anyone investing in Bitcoin, even with a small amount. Essentially, it will help them improve their financial well-being in the future.

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

I guess the calculation of 4 week in a month forgetting that this 4 weeks is just 28 days left with 2 or 3 days extra depending on the month led to the calendar of 44 weeks per year, $440 and $4400 in ten years, which is still not correct because 4weeks × 12months = 48weeks per year which should amount 480 dollars/year and 4800 dollars in ten years.

[Rockson1]

Investing isn’t something that is required, pushed or forced on a person, it’s a mindset and should you find the need to invest a field or have that strong belief system in Bitcoin to be the future, you wouldn’t find many persons investing $10 to the amount of $520 a year and $5,200 in 10 years. That’s too poor to secure or go by for an asset of the future.

We are talking about a decade here and that’s so much time, so much changes in our world and you can’t really put a finger on what is going to happen. Best to take chances where you’ve found the rest of the would to be seeing potentials and that’s with Bitcoin. It’s no longer a question of legalizing but, regulations.

Persuading someone to invest in Bitcoin is not a right approach, telling people Bitcoin investment is nice but allowing them to be convinced with what they have heard to make their decision is the best approach.
Am not against anyone that want to start or started with $10 or let's say $20 because individuals have a way of reasoning, sometimes people want to try system to be convinced before they can put more of their money in it, if anyone can start with such amount and upgrade later, then it is fine, most of us started very small and at some point when we had more income than before, we had to increase our DCA, some people people don't get convinced immediately that is why you see them start with small not that they don't have more but when we can say they are not serious is when they continue to do this for like 14 to 20years then it means they are not aware that they were dealing in a futuristic asset and this is for those that has money, at every point what we need to invest with is our disreatinary income, as such what we need to do as devoted Bitcoin investors is to make sure that we seek for better and improved income so that our discretionary income will increase to enable our Bitcoin acumulation fasten up.

[Jubilee58]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises. The bitcoin market has a routine and when you follow the routine and understand how the bitcoin market works, you will never be in tension even when you see the bitcoin market fluctuating.

The growth of bitcoin has remained consistent right from the early days till now, bitcoin has never slacked in  it's growth and is always delivering  good profit in every bull season. Unlike many other coins that have failed to fulfill their  promises, bitcoin is quite different from them and has never failed to reward investors who invested at the right time, and are patient enough with their bitcoin investment.

Do not entertain any fear buying bitcoin, more especially during the dip. As an investor, you only owe bitcoin patience after investment, because at the due time is going to reward you massively.

[ruykeri]

I guess the calculation of 4 week in a month forgetting that this 4 weeks is just 28 days left with 2 or 3 days extra depending on the month led to the calendar of 44 weeks per year, $440 and $4400 in ten years, which is still not correct because 4weeks × 12months = 48weeks per year which should amount 480 dollars/year and 4800 dollars in ten years.

If 12 months is a year, then there are 52 weeks in a year. You have made it 48 weeks. $10 per 52 weeks is $520 annually. Let's leave this topic aside, no matter how much money one invests, one should plan to invest for the long term. The valuation of Bitcoin, which was worth $10 or $20 10 to 12 years ago, has now increased hundreds of times. Therefore, if one can start investing a little today and if it is for the long term, then in the future it will have a lot of positive impact. And over time, as discretionary income increases, one can also increase the amount of Bitcoin accumulation.

[Merit.s]

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises. The bitcoin market has a routine and when you follow the routine and understand how the bitcoin market works, you will never be in tension even when you see the bitcoin market fluctuating.

Buying bitcoin at a cheaper price when the market dips is good but do you want to keep on waiting for the price to dip before you buy, that's a wrong buying strategy for a no coiner and someone who is still in their early stage of accumulation.

The best time to buy bitcoin is when your discretionary income is available irrespective of the market condition. This is why DCA is the most effective and efficient method to use to grow and build your bitcoin stash for 4-10 years and above because with DCA, you are buying consistently and persistently whether in the bear market or in the bull run, your bitcoin accumulation is ongoing till you reach your bitcoin target.

When you only plan to buy at the dip, you will deprive yourself a lot of opportunities in the market and limit the quantity of bitcoin that you should have accumulated overtime. Waiting is never good since you will be waiting in the ballpark clueless of what you are doing.

[JayJuanGee]

That's right, the amount of discretionary income that's folks use for their DCA is what determines the size of their portfolio after 4-10 years of investing.....Folks who decides to stay within their financial capacity and are investing little amount like $10 or so are still doing something positive, but then it may be quite impossible for such a small amount to lead to financial independence within 4 years or even 10 years in some cases. Unless that person is flexible in his investment, which means that as he increases his investment amount along the way, as his income grows. Doing so increases the compounding results.

Performing a DCA on Bitcoin using $10, and accumulating it once a week, I think it would still yield a pretty good return. Because there are 44 weeks in a year, and if you multiply that by 10 years, that's 440 weeks. So, if you invest $10 per week in Bitcoin, consistently for 10 years, you'll have invested around $4,400. So, if Bitcoin continues to rise in price and reaches new highs over the course of two cycles, that amount could certainly multiply. So, I think that's quite a good deal, especially for people living in countries with a relatively low cost of living. That's why I'm personally quite optimistic and support anyone investing in Bitcoin, even with a small amount. Essentially, it will help them improve their financial well-being in the future.

You have a funny calendar.. so it might throw off your ability to do proper math.
There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

I guess the calculation of 4 week in a month forgetting that this 4 weeks is just 28 days left with 2 or 3 days extra depending on the month led to the calendar of 44 weeks per year, $440 and $4400 in ten years, which is still not correct because 4weeks × 12months = 48weeks per year which should amount 480 dollars/year and 4800 dollars in ten years.

365 / 7 = 52.143  weeks per year

52.143 / 12 = 4.345  weeks per month

Yeah.. a lot of guys make basic mistakes of there being 4 weeks per month, which we know is not true.

We could also say that 8 months per year there are 4 weeks and 4 months per year there are 5 weeks (or at least any particular day of the week.. .for example, we could pick any day of the week, such as Tuesday and say that 8 months out of the year, there are 4 Tuesdays, and 4 months out of the year there are 5 Tuesdays).. hahahahahaha

[PhilosopherKing]

Buying bitcoin at a cheaper price when the market dips is good but do you want to keep on waiting for the price to dip before you buy, that's a wrong buying strategy for a no coiner and someone who is still in their early stage of accumulation.

The best time to buy bitcoin is when your discretionary income is available irrespective of the market condition. This is why DCA is the most effective and efficient method to use to grow and build your bitcoin stash for 4-10 years and above because with DCA, you are buying consistently and persistently whether in the bear market or in the bull run, your bitcoin accumulation is ongoing till you reach your bitcoin target.

When you only plan to buy at the dip, you will deprive yourself a lot of opportunities in the market and limit the quantity of bitcoin that you should have accumulated overtime. Waiting is never good since you will be waiting in the ballpark clueless of what you are doing.

SItting and waiting for the perfect time to buy us how many people has wasted their months and years doing nothing. The market for sure doesn't give a damn about anyone wishes and intentions and it sure as hell wouldn't wait until everyone is very comfortable to invest. I wish that people stop fooling themselves with the idea that dips are the best and only time to buy. If you have your discretionary income, then that will always be the best time to buy

[Alonso_]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises. The bitcoin market has a routine and when you follow the routine and understand how the bitcoin market works, you will never be in tension even when you see the bitcoin market fluctuating.

The growth of bitcoin has remained consistent right from the early days till now, bitcoin has never slacked in  it's growth and is always delivering  good profit in every bull season. Unlike many other coins that have failed to fulfill their  promises, bitcoin is quite different from them and has never failed to reward investors who invested at the right time, and are patient enough with their bitcoin investment.

Do not entertain any fear buying bitcoin, more especially during the dip. As an investor, you only owe bitcoin patience after investment, because at the due time is going to reward you massively.

I’m wondering if you have been buying bitcoin, because your statement seems to be like you are having a trouble finding the perfect balance for your investment plans, because saying that the best time to buy bitcoin is when the price have plummeted according to your language and that seems to be sounding strange to me and weird, and it has made me doubt if you have been consistent in buying bitcoin.
Well if you have been waiting for the perfect dip before you are able to buy bitcoin that would obviously be an awful way of investing in bitcoin, because there is no better time to invest in bitcoin than now and immediately when you have that fucking discretionary income.

However if you want to buy bitcoin, just buy bitcoin and don’t consider what the price of bitcoin is in the market.

[Grace333]

Buying bitcoin at a cheaper price when the market dips is good but do you want to keep on waiting for the price to dip before you buy, that's a wrong buying strategy for a no coiner and someone who is still in their early stage of accumulation.

The best time to buy bitcoin is when your discretionary income is available irrespective of the market condition. This is why DCA is the most effective and efficient method to use to grow and build your bitcoin stash for 4-10 years and above because with DCA, you are buying consistently and persistently whether in the bear market or in the bull run, your bitcoin accumulation is ongoing till you reach your bitcoin target.

When you only plan to buy at the dip, you will deprive yourself a lot of opportunities in the market and limit the quantity of bitcoin that you should have accumulated overtime. Waiting is never good since you will be waiting in the ballpark clueless of what you are doing.

SItting and waiting for the perfect time to buy us how many people has wasted their months and years doing nothing. The market for sure doesn't give a damn about anyone wishes and intentions and it sure as hell wouldn't wait until everyone is very comfortable to invest. I wish that people stop fooling themselves with the idea that dips are the best and only time to buy. If you have your discretionary income, then that will always be the best time to buy

True, Waiting for a perfect entry has cost more people money than buying a little bit at the wrong time. The market does not even care about our plans or comfort, it just moves. Some people who normally like waiting for dips end up seeing price move, while they are still thinking.

If someone has discretionary income and a long term mindset, then time in the market is better than timing the market almost every time.

[Bigjoe33]

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

I think he is a person from a different planet . No matter where he is, it is more important to create a habit of buying and holding Bitcoin regularly.

Many people think that investing in Bitcoin with $10 or $20 is not beneficial. But it is more important to start. If he can invest $10 as discretionary income every week, then that is a lot for him. Because many people think that such a small amount will not make  dca and remain as nocoiner for a long time. Rather, the biggest advantage of starting with a small amount is that they get used to frequent investment. When someone starts buying Bitcoin regularly, they learn to understand their mental reactions, learn to discipline their financial management and their behavior. Without this habit, many times even if they invest with more money, they cannot continue investing for a long time.

Of course, we must not start big with our investment, and secondly, there is no limitations to what you can invest as an increase and/or decrease sometimes is welcomed while investing in bitcoin.

Some folks can start out big with there investment plan because they have the financial ability, or they have been into other investment platforms and are conversant with investment and/or have multiple streams of income with which they can invest into Bitcoin. On the other hand, folks who are not financially okay or stable enough can start out there bitcoin investment with low price, as low as $10 weekly or monthly, while navigating the market, learning best investment and market  practices that will guide them to a safe and Better investing. This period of low invest can be used as a major time to learn more about how to manage your investment and allocation of your resources so that you can find a soothing point for your income and investment.

Interestingly, an investor can still adjust his DCAing amount either ways, wether upwards or downwards to strike a balance with the present income increase or a more need or rise in financial demands.

[Derekfunds]

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

I think he is a person from a different planet . No matter where he is, it is more important to create a habit of buying and holding Bitcoin regularly.

Many people think that investing in Bitcoin with $10 or $20 is not beneficial. But it is more important to start. If he can invest $10 as discretionary income every week, then that is a lot for him. Because many people think that such a small amount will not make  dca and remain as nocoiner for a long time. Rather, the biggest advantage of starting with a small amount is that they get used to frequent investment. When someone starts buying Bitcoin regularly, they learn to understand their mental reactions, learn to discipline their financial management and their behavior. Without this habit, many times even if they invest with more money, they cannot continue investing for a long time.

If a person has a strong mind set to invest for the long term, then his mentality will remain the same as if he could buy $10 a week today, but in 2-3 years he will be able to invest more money as it grows.

"Bitcoin is for everyone" this is just a theory it is actually a fact, a true reality.....So therefore little amount of w discretionary income such as $10 or $20 shouldn't be a limiting factor to investment. It is better that folks stop eating time and start with that little amount and overtime you figure out ways to increase your investment amount, than to wait for a bigger amount that may never come. Size may matter in the long run, but then it is never a criteria to investment...

I don't understand what you meant by it is better to stop eating time, are you seriously asking or suggesting that someone should stop or limit the way they eat because of Bitcoin investment? If that is what you are saying I don't concur or support that even though Bitcoin investment is nice because what you suggesting is that people should use their expenses money to invest in Bitcoin because limiting or stop eating like you said is stop using your money to buy food stuffs so it is not advisable we should always use our discretionary and anything that we make us to stop eating because of Investment is not good for us.

[Umulala-alala]

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises. The bitcoin market has a routine and when you follow the routine and understand how the bitcoin market works, you will never be in tension even when you see the bitcoin market fluctuating.

Your reasoning and thinking is just like that of a trader who thinks that buying BTC when the price is low and sell when the price goes up is the best strategy to adopt when get started with your bitcoin investment. The best time to get started with your bitcoin investment is when you have your discretionary income and not when the price is low, you can't have your discretionary income and still be waiting for the price is dip before you will buy this is what differentiate investors and traders buying consistently and persistently with your discretionary income using the dca strategy should be what you are supposed to be doing mostly as a new bitcoin investor.