Buy Buy Buy or Sell Sell Sell?

[I_Anime]

The positive results of good, persistent, consistent, ongoing and regular habits might not be felt in the short term.  I like to suggest guys to invest into bitcoin as aggressively as they can without overdoing it, and guys have to figure out their own interpretation, and they also do not need to agree - especially since level of aggressiveness (or whimpiness) is totally within the discretion of each of us to choose our level.

To each it's own, and as we have heard a lot of advises and debated and argued about the pros and cons, at the end of the day it will still boils down to the individual himself on how "aggressively" he wanted to invest and then look for the long term benefit of it and obviously, on how he will get the benefit. So others might wanted to invest $100.00 weekly or there will be others who wanted $100.00 monthly. But at the end of the day, the goal will still be the same albeit the profit might not be. We are hear to make money, not just for us but for the next generation. Maybe we have small kids right now, but what if we started to invest in let's say 2 cycles and see how it goes? But that time our kids could be going to school and we need money for their education. So Bitcoin and our investment on it could be the answer as we could be making huge accumulation and gains throughout that 2 cycles that the ROI is greater than what we expected.

To build a good investment in bitcoin can take up to 4 or more cycle . The truth is that no one is telling you to be aggressive (it actually boils down to you ). We are just here to gain knowledge on how to build our investment in bitcoin and being aggressive is also part of it to an extent, yes there are always going to be expenses you need to take care of like. (Education, food , rent etc.). But as an investor your bitcoin is not meant to handle such expenses while you haven’t gotten enough, like you said we are here to build generational wealth and you think you can just do it a year or two (depending on your cashflow though ) but no it usually takes time to build something good , you can be aggressive without going over board being aggressive doesn’t means you won’t have to work with budget , most time is when you have enough to spare .

[Bitcoin_people]

In my opinion, all three strategies are good in accumulating Bitcoin however we should not let's our emotions be the basis of investments because the capital is there. If Dollar Cost Averaging (DCA) can get you 4 BTC on a normal, during a dip that same DCA can get you more BTC there by fast tracking your BTC accumulation.

If you are saying that all three strategy are good,  you are implying that waiting and buying only the dip is a good approach, so how does waiting before buying good, when you might not even buy at all if the dip you are anticipating for did not come?

You should know that the three strategy can work depending on your plans, remember most investors usually hope to buy the dip but they don't wait for dip to happen before making their purchase rather they keep buying little by little at the same time waiting to buy the dip, this way there will be no regret because they didn't miss any opportunity even when they where waiting for the dip. So if you plan yourself very well there's no way you would be affected by any of this strategy.

Since most investors try to buy from dip so that they can profit from it in a short time. However, if we buy from dip according to our plan, then of course we have to wait here. Again, it is seen that when the market goes down, many people buy and the market dumps more after buying, in which case if they have money, they can buy from there. Basically, a good plan and capital should be reserved for buying from dip so that if the market goes down further after going dip, then they should keep money to buy. However, I think that instead of waiting to buy from deep, it works much better if you use the DCA method in the market. Many times, it is seen that many people do not use DCA but wait for the dip, but when the market goes a little dip, if they buy, if the market crashes further later, they cannot buy later. That is why it is best to keep money and use the strategies well.

[Bigjoe33]

In my opinion, all three strategies are good in accumulating Bitcoin however we should not let's our emotions be the basis of investments because the capital is there. If Dollar Cost Averaging (DCA) can get you 4 BTC on a normal, during a dip that same DCA can get you more BTC there by fast tracking your BTC accumulation.

If you are saying that all three strategy are good,  you are implying that waiting and buying only the dip is a good approach, so how does waiting before buying good, when you might not even buy at all if the dip you are anticipating for did not come?

You should know that the three strategy can work depending on your plans, remember most investors usually hope to buy the dip but they don't wait for dip to happen before making their purchase rather they keep buying little by little at the same time waiting to buy the dip, this way there will be no regret because they didn't miss any opportunity even when they where waiting for the dip. So if you plan yourself very well there's no way you would be affected by any of this strategy.

If you ask me, trying to use or merge all three strategies at once because you have the financial ability might lead to lack of concentration and a clear vision of the direction of your investment. I like to say that there is power in consistency. It's okay to concentrate on one strategy(DCA), and maybe buy the Dip if there is an available opportunity and of course if you have extra cash to do that. Trying to DCA, lump sum and buy the Dip all at once may screw up things as such investor may be too aggressively involved and may over buy, I mean tapping into the wrong funds just to buy Bitcoin, at such risky his investment. Buying slowly but with consistency is a more better investment approach rather than rushing over everything and making mistakes at the end

[Futurexxx]

If you ask me, trying to use or merge all three strategies at once because you have the financial ability might lead to lack of concentration and a clear vision of the direction of your investment. I like to say that there is power in consistency. It's okay to concentrate on one strategy(DCA), and maybe buy the Dip if there is an available opportunity and of course if you have extra cash to do that. Trying to DCA, lump sum and buy the Dip all at once may screw up things as such investor may be too aggressively involved and may over buy, I mean tapping into the wrong funds just to buy Bitcoin, at such risky his investment. Buying slowly but with consistency is a more better investment approach rather than rushing over everything and making mistakes at the end

You actually made a very good point here, but in my own opinion the best and the smartest way to accumulate Bitcoin is by using two of the accumulating method to accumulate Bitcoin, and what am trying to say is that is either you are accumulating through the dca accumulating strategy or through the lump sum strategy, then along the line, if their is a dip in the market, you might decide to accumulate aggressively if you have a reserve funds in place to carry it out, and after that you can still focus on your dca or lump sum accumulating strategy, but trying to utilize all of them when accumulating can cause confusion that can be avoidable.

[Tmoonz]

In my opinion, all three strategies are good in accumulating Bitcoin however we should not let's our emotions be the basis of investments because the capital is there. If Dollar Cost Averaging (DCA) can get you 4 BTC on a normal, during a dip that same DCA can get you more BTC there by fast tracking your BTC accumulation.

If you are saying that all three strategy are good,  you are implying that waiting and buying only the dip is a good approach, so how does waiting before buying good, when you might not even buy at all if the dip you are anticipating for did not come?

You should know that the three strategy can work depending on your plans, remember most investors usually hope to buy the dip but they don't wait for dip to happen before making their purchase rather they keep buying little by little at the same time waiting to buy the dip, this way there will be no regret because they didn't miss any opportunity even when they where waiting for the dip. So if you plan yourself very well there's no way you would be affected by any of this strategy.

If you ask me, trying to use or merge all three strategies at once because you have the financial ability might lead to lack of concentration and a clear vision of the direction of your investment. I like to say that there is power in consistency. It's okay to concentrate on one strategy(DCA), and maybe buy the Dip if there is an available opportunity and of course if you have extra cash to do that. Trying to DCA, lump sum and buy the Dip all at once may screw up things as such investor may be too aggressively involved and may over buy, I mean tapping into the wrong funds just to buy Bitcoin, at such risky his investment. Buying slowly but with consistency is a more better investment approach rather than rushing over everything and making mistakes at the end

There is nothing wrong mixing up strategies when you have the enough leverages to do that, and I don't understand what you meant by it will lead to lack of concentration and a clear vision of your investment even when you have the financial strength to do so without struggling, one can be consistently buying Bitcoin with the dca, Lump sum and even buy the dip if all the preparations has been made at their convenient without seeing their investment as a burden and they have their other areas of life going well, it is all about what works for you or sit well for you as a person which might differ from that of others.

[IceLincoln]

And also I think the "never touch Bitcoin" ... might be too extreme..??🙄......what if Bitcoin value doubled and at same time you probably lost your Job for almost a year...don't you think maybe selling off like 5% of your Bitcoin would be a smart move..??...than letting all your cash go down the drain...and I really don't think it's a "must" to buy Bitcoin on a weekly basis...you can just buy when you have some extra money available...(Slower is recommended as long as you sleep better) Lol....


With all these said..it leaves me with a question...are you really building wealth..??...or are you just trying to "never miss a week" of buying Bitcoin☺️....most times the second goal always fights against the first...

The Never Touch your bitcoin is not extreme if you understand why you’re holding or if you really want to hold for a long term. As a serious investor, you would want to do everything possible to hold and continually accumulate and if you have that mentality not to touch your bitcoin, you’ll find yourself following all the correct practices as regards bitcoin investment. If you start thinking “oh I’m in profits let me take small” with time you’ll find out that you’ve been in bitcoin for a while but there’s nothing to show for it, it might even lead you to take off more than expected.

With the DCA method, you can choose to buy as often as you’re able to sort out your discretionary sometimes depends on how your income comes, it mustn’t be weekly. It can be monthly, quarterly, 2 weeks interval, it can still be irregular which is what JJG was giving the illustration of earlier. It all depends on you as an individual and as an investor, the most important thing is you’re consistent and regularly buying.

[Sticky Bomb]

So with this situation the process of investing on Bitcoin is not only for profit gaining, this also trained people to have discipline then also have proper control with their emotions.

Beyond emotional training, bitcoin accumulation helps you with financial intelligence and being accountable. trying to manage your cashflow effectively cultivates an attitude of continuous financial literacy and accountability in you.

Staying consistent in your periodic buys trains you on the power of commitment and consistency which in itself is a desirable quality to navigate life, overall making you more goal minded.

Every dedicated investor who practices DCA for a while would have learned emotional discipline, the power of consistency and financial intelligence.

[Emjay24]

And also I think the "never touch Bitcoin" ... might be too extreme..??🙄.........

Never touch your bitcoin is a mindset that prevents you from selling off much btc too soon when you have the capacity to go long-term in it and get more profits in your investment.

what if Bitcoin value doubled and at same time you probably lost your Job for almost a year...don't you think maybe selling off like 5% of your Bitcoin would be a smart move..??...than letting all your cash go down the drain

If you still have cash left, then you still have a means of survival and it is not a better option to sell your bitcoin yet until your emergency funds and other backup funds are depleted and yet you have not found back your feet financially.

and I really don't think it's a "must" to buy Bitcoin on a weekly basis...you can just buy when you have some extra money available...(Slower is recommended as long as you sleep better) Lol....

Bitcoin is bought with discretionary income and not funds meant for your expenses, if you don't have discretionary income weekly, then you can go for monthly. DCA allows you to buy periodically as is suitable to you. It might even interest you to know that there are some investors that have variable income, it is only very important to buy as soon as your cold cash is available.

If you invest with your discretionary income and you are not overaggressive, then you can always sleep better while you invest.

[Gallar]

I've already said this before but there is no time that is perfect for someone to accumulate a Bitcoin you can buy bitcoin when the price is low you will come also buy bitcoin when the price is high, depending when you have your capital, but some people think that the best way you come accumulate your Bitcoin is when the price is low, not knowing that the price of Bitcoin can increase at any time and can also decreases at any time so it will be good for crypto investors especially Bitcoin to invest in Bitcoin when their capital is available, so I do advise anyone not to waste their time to be waiting for a (DCA)

Yes, I agree with your assumption on this matter, but if we were to choose, I think it's undeniable that buying Bitcoin when the price is falling is better than buying at a high price. Mathematically, I believe this is clear. However, the mistake that makes people misunderstand buying at a low price is deliberately waiting for the price to drop, and I believe that's the mistake. In my opinion, it's not buying at a low price that's wrong, but deliberately waiting.

Because people who wait for the Bitcoin price to drop to make a purchase are clearly overconfident that Bitcoin will actually follow their wishes.. However,, that's not the case. Therefore, we can conclude that waiting for the price to drop is not recommended. Because it will certainly waste a lot of momentum and could also lead to failure in buying Bitcoin because the price doesn't drop as desired. Therefore, DCA is indeed the solution to this problem.

[MainIbem]

And also I think the "never touch Bitcoin" ... might be too extreme..??🙄.........

Never touch your bitcoin is a mindset that prevents you from selling off much btc too soon when you have the capacity to go long-term in it and get more profits in your investment.

what if Bitcoin value doubled and at same time you probably lost your Job for almost a year...don't you think maybe selling off like 5% of your Bitcoin would be a smart move..??...than letting all your cash go down the drain

If you still have cash left, then you still have a means of survival and it is not a better option to sell your bitcoin yet until your emergency funds and other backup funds are depleted and yet you have not found back your feet financially.

and I really don't think it's a "must" to buy Bitcoin on a weekly basis...you can just buy when you have some extra money available...(Slower is recommended as long as you sleep better) Lol....

Bitcoin is bought with discretionary income and not funds meant for your expenses, if you don't have discretionary income weekly, then you can go for monthly. DCA allows you to buy periodically as is suitable to you. It might even interest you to know that there are some investors that have variable income, it is only very important to buy as soon as your cold cash is available.

If you invest with your discretionary income and you are not overaggressive, then you can always sleep better while you invest.

Every investor should know an interval should be suitable for them and it depends on how much they can generate for discretionary if you can't buy weekly then nothing stops you from buying monthly sp far it's suits your discretionary. Well I understand that lots of folks really don't understand the specific fund that should be allocated for Bitcoin investment, i heard some talk about emergency funds and even talking loans to invest on a long-term investment (Bitcoin). It's an investment option that's ought to be followed carefully else one might end up ruining their portfolio, the right practice yields better result.

[Hardyrobust]

And also I think the "never touch Bitcoin" ... might be too extreme..??🙄.........

Never touch your bitcoin is a mindset that prevents you from selling off much btc too soon when you have the capacity to go long-term in it and get more profits in your investment.

what if Bitcoin value doubled and at same time you probably lost your Job for almost a year...don't you think maybe selling off like 5% of your Bitcoin would be a smart move..??...than letting all your cash go down the drain

If you still have cash left, then you still have a means of survival and it is not a better option to sell your bitcoin yet until your emergency funds and other backup funds are depleted and yet you have not found back your feet financially.

and I really don't think it's a "must" to buy Bitcoin on a weekly basis...you can just buy when you have some extra money available...(Slower is recommended as long as you sleep better) Lol....

Bitcoin is bought with discretionary income and not funds meant for your expenses, if you don't have discretionary income weekly, then you can go for monthly. DCA allows you to buy periodically as is suitable to you. It might even interest you to know that there are some investors that have variable income, it is only very important to buy as soon as your cold cash is available.

If you invest with your discretionary income and you are not overaggressive, then you can always sleep better while you invest.

Every investor should know an interval should be suitable for them and it depends on how much they can generate for discretionary if you can't buy weekly then nothing stops you from buying monthly sp far it's suits your discretionary. Well I understand that lots of folks really don't understand the specific fund that should be allocated for Bitcoin investment, i heard some talk about emergency funds and even talking loans to invest on a long-term investment (Bitcoin). It's an investment option that's ought to be followed carefully else one might end up ruining their portfolio, the right practice yields better result.

There are people that have irregular income and this set of people will find it difficult to determine the amount of discretionary income they have and some may end up using more than there discretionary income for buying bitcoin. There by leaving unmeet wants that may pressure them to dip hands into there bitcoin holdings.
Consistency is the watch word in building a good portfolio or in having a good amount of bitcoin in our holdings however the DCA strategy isnt a must that it should be on daily, weekly or monthly basis. We should always DCA when we have the discretionary income to do so in others not to put ourselves into unnecessary pressure of thinking that since we have started out with weekly buying that we must maintain it that way.

[Sim_card]

You actually made a very good point here, but in my own opinion the best and the smartest way to accumulate Bitcoin is by using two of the accumulating method to accumulate Bitcoin, and what am trying to say is that is either you are accumulating through the dca accumulating strategy or through the lump sum strategy, then along the line, if their is a dip in the market, you might decide to accumulate aggressively if you have a reserve funds in place to carry it out, and after that you can still focus on your dca or lump sum accumulating strategy, but trying to utilize all of them when accumulating can cause confusion that can be avoidable.

I personally believe that if you want to choose two strategies to mix when accumulating bitcoin, DCA should be your first priority and any of the two either buying the dip or lump sum because You need to keep your bitcoin accumulation ongoing through DCA consistent and persistent every week for 4-10 years and above while if you have set up your reserve funds, you can use it for the dip or you mix lump sum with your ongoing DCA whenever, you have the funds to lump sum.

Imagine when a new investor chooses lump sum and buying at the dip, these two strategies are the worse combo because it keeps you waiting and waiting is never a strategy when accumulating bitcoin because it limits the quantity of bitcoin, you can accumulate overtime and leaves you with very little bitcoin in future.

[Skydrill]

The positive results of good, persistent, consistent, ongoing and regular habits might not be felt in the short term.  I like to suggest guys to invest into bitcoin as aggressively as they can without overdoing it, and guys have to figure out their own interpretation, and they also do not need to agree - especially since level of aggressiveness (or whimpiness) is totally within the discretion of each of us to choose our level.

When you suggest to people to invest aggressively then you need to put into consideration some important factors that are essential to the investor, you must understand that not everybody has a steady flow of income and that's why our choices or method of investment differs per time.

Some people have a steady flow of income which enables them invest vigorously whereas some people have a low income flow which doesn't really give them the leverage to invest as often as they hence they tend to invest whenever it convenient for them, but my point is, investing in Bitcoin should be at the investor's discretion, pending on what he or she can afford after deducting what is required for his or her essential needs.

[Merit.s]

You actually made a very good point here, but in my own opinion the best and the smartest way to accumulate Bitcoin is by using two of the accumulating method to accumulate Bitcoin, and what am trying to say is that is either you are accumulating through the dca accumulating strategy or through the lump sum strategy, then along the line, if their is a dip in the market, you might decide to accumulate aggressively if you have a reserve funds in place to carry it out, and after that you can still focus on your dca or lump sum accumulating strategy, but trying to utilize all of them when accumulating can cause confusion that can be avoidable.

Who told you that using two strategies will give you the best results on your bitcoin portfolio or is the best. The fact is that if you don't know how to mix all three strategies to accumulate bitcoin overtime, you shouldn't try it or discourage people who can use not to use it and stick to what works for you. Mixing all three accumulation strategy during your accumulation stage is the best because it increases your bitcoin portfolio faster than when using only two and you will reach your bitcoin target fast.

I don't buy the idea of using only lump sum and buying the dip because it's a setback accumulation methods since a poor or average income earner with little discretionary income doesn't need to pile up his funds when his discretionary income is $10 till it gets to $100 or more before buying when he can DCA instantly, he has his $10. Buying at the dip that isn't certain, you keep waiting clueless of when to buy bitcoin and you have the money in your possession.

If you have a regular discretionary income and set up your reserve funds, as your DCA is ongoing and there's a dip, you can buy at the dip to mix your ongoing DCA. If you are given bonus at work or you have any extra cash that hou don't have plans for, you can use it to lump sum.

[Glen Hoddle]

You actually made a very good point here, but in my own opinion the best and the smartest way to accumulate Bitcoin is by using two of the accumulating method to accumulate Bitcoin, and what am trying to say is that is either you are accumulating through the dca accumulating strategy or through the lump sum strategy, then along the line, if their is a dip in the market,

Among the strategies you mentioned, the DCA method is the best and highest quality strategy. By using this DCA method, all investors can be successful, because an investor can use various strategies to bring about his success, among which the DCA strategy plays one of the roles. So, if you use the DCA method in Bitcoin and buy Bitcoin weekly and hold it for a long time, then Bitcoin holding will definitely be successful.

[GIF-JOBS]

You actually made a very good point here, but in my own opinion the best and the smartest way to accumulate Bitcoin is by using two of the accumulating method to accumulate Bitcoin, and what am trying to say is that is either you are accumulating through the dca accumulating strategy or through the lump sum strategy, then along the line, if their is a dip in the market,

Among the strategies you mentioned, the DCA method is the best and highest quality strategy. By using this DCA method, all investors can be successful, because an investor can use various strategies to bring about his success, among which the DCA strategy plays one of the roles. So, if you use the DCA method in Bitcoin and buy Bitcoin weekly and hold it for a long time, then Bitcoin holding will definitely be successful.

The DCA strategy is especially effective for new and long-term investors, as it is a long-term strategy that is the most suitable and has the highest potential compared to other strategies. Buying Bitcoin at regular intervals, such as weekly or monthly, balances the average purchase price and short-term market fluctuations do not have much impact on the investment. And the DCA strategy is to consistently hold Bitcoin by overcoming all these negative possibilities. However, this does not mean that it is a surefire strategy that will bring us success, but the possibility of using this DCA in the long term is much better.

[capokmerah]

You actually made a very good point here, but in my own opinion the best and the smartest way to accumulate Bitcoin is by using two of the accumulating method to accumulate Bitcoin, and what am trying to say is that is either you are accumulating through the dca accumulating strategy or through the lump sum strategy, then along the line, if their is a dip in the market,

Among the strategies you mentioned, the DCA method is the best and highest quality strategy. By using this DCA method, all investors can be successful, because an investor can use various strategies to bring about his success, among which the DCA strategy plays one of the roles. So, if you use the DCA method in Bitcoin and buy Bitcoin weekly and hold it for a long time, then Bitcoin holding will definitely be successful.

The DCA strategy is especially effective for new and long-term investors, as it is a long-term strategy that is the most suitable and has the highest potential compared to other strategies. Buying Bitcoin at regular intervals, such as weekly or monthly, balances the average purchase price and short-term market fluctuations do not have much impact on the investment. And the DCA strategy is to consistently hold Bitcoin by overcoming all these negative possibilities. However, this does not mean that it is a surefire strategy that will bring us success, but the possibility of using this DCA in the long term is much better.

With the DCA Method, I have never found anyone who said that this method is not suitable to be used or is there another method that is better from all angles?
For me personally, using the DCA method feels heavy on the funds I have.
It's possible to trick it with a small investment, but is it worth the results we'll get later?

[Obulis]

In my opinion, all three strategies are good in accumulating Bitcoin however we should not let's our emotions be the basis of investments because the capital is there. If Dollar Cost Averaging (DCA) can get you 4 BTC on a normal, during a dip that same DCA can get you more BTC there by fast tracking your BTC accumulation.

If you are saying that all three strategy are good,  you are implying that waiting and buying only the dip is a good approach, so how does waiting before buying good, when you might not even buy at all if the dip you are anticipating for did not come?

Buying the dip is only good if you are already accumulating through the dca accumulating strategy, and because their is a dip in the market, you can buy aggressively then, but waiting before even starting out is a very bad idea, because at that point, you are either a low coiner or a no coiner, so buying only the dip is a bad way to build a good stash of bitcoin, because you can't be effective in your accumulation only through that method.

This is all a matter of personal drive, people decide for themselves and also works according to the guide received. The use of DCA strategy is so flexible that it can accommodate a lot of pressure (like holding back based on financial issues and continuing when fine mostly if income is unstable), this makes it a good start for a newbie. The fact that DCA will definitely meet the dip is a wholesome reason not to wait for the dip as a starter.

[Alonso_]

If you ask me, trying to use or merge all three strategies at once because you have the financial ability might lead to lack of concentration and a clear vision of the direction of your investment. I like to say that there is power in consistency. It's okay to concentrate on one strategy(DCA), and maybe buy the Dip if there is an available opportunity and of course if you have extra cash to do that. Trying to DCA, lump sum and buy the Dip all at once may screw up things as such investor may be too aggressively involved and may over buy, I mean tapping into the wrong funds just to buy Bitcoin, at such risky his investment. Buying slowly but with consistency is a more better investment approach rather than rushing over everything and making mistakes at the end

You actually made a very good point here, but in my own opinion the best and the smartest way to accumulate Bitcoin is by using two of the accumulating method to accumulate Bitcoin, and what am trying to say is that is either you are accumulating through the dca accumulating strategy or through the lump sum strategy, then along the line, if their is a dip in the market, you might decide to accumulate aggressively if you have a reserve funds in place to carry it out, and after that you can still focus on your dca or lump sum accumulating strategy, but trying to utilize all of them when accumulating can cause confusion that can be avoidable.

I will have to disagree with you that the smartest way to buy and accumulate bitcoin is by using DCA and lump sum, that is theoretically not the most viable smartest process, like we plebs who doesn’t have enough discretionary income how do you justify that I should be buying through the DCA and lump sum, how can that be sustainable for a pleb like me, because I can’t afford to buy through the DCA and lump sump, does that make me not to be smart with my bitcoin accumulation method ?

Because I have been buying bitcoin through the DCA for quite 5 years now does that make me not to be smart I will have to totally disagree with you, because buying bitcoin through the DCA techniques have been very efficient and sustainable for me, instead of applying lump sum when I don’t have so much discretionary funds to go through that way, we plebs it’s better to buy and accumulate through DCA which is more affordable and sustainable in buying bitcoin for me in a long term timeframe.

[centrum]

Every investor should know an interval should be suitable for them and it depends on how much they can generate for discretionary if you can't buy weekly then nothing stops you from buying monthly sp far it's suits your discretionary. Well I understand that lots of folks really don't understand the specific fund that should be allocated for Bitcoin investment, i heard some talk about emergency funds and even talking loans to invest on a long-term investment (Bitcoin). It's an investment option that's ought to be followed carefully else one might end up ruining their portfolio, the right practice yields better result.

my personal opinion is very simple. investment always involves risk. and that risk becomes dangerous when we make decisions beyond our own capacity. whether it is bitcoin or any other asset. if losing that money affects your daily life your sleep or your peace of mind. then you should never invest that money. if you can buy weekly that is fine. if not then monthly is also fine. there is no problem with that. the most important things are consistency and discipline.

and regarding investing using emergency funds or taking loans i would clearly say no. because the market does not understand your plans. it does not understand emotions either. today there may be profit tomorrow there could be a big loss anything is possible. if you do not have cash in hand during emergencies or you are under debt pressure. then even a good investment can turn into a curse for you. moving slowly understanding your limits and controlling greed are what bring better results in the long run. in my experience this is the most realistic truth.