Buy Buy Buy or Sell Sell Sell?

[Baki202]

For those who are overly concerned about the market, using DCA is even more necessary, DCA strategy is the only one that avoids the negative effects of market volatility, when you invest through DCA, volatility will not harm you. Because it is a consistent strategy that builds a portfolio at an average price over the long term, volatility cannot affect it, which is why DCA strategy is the most suitable for starting investment compared to other strategies. Those who understand this strategy well from the beginning and continue to invest consistently with it, are very unlikely to face long-term failure.

You are totally right. Since they are very much concerned about the prince swing, focusing on DCA is the best strategy to use in order to sustain their investment in this bear market. Newbies should not get it all wrong. DCA does not solve the problem of volatility in Bitcoin, it only helps an investor manage volatility so they dont get affected by it. The reason why I strongly direct this to newbies is that they are the ones who are easily frightened by volatility. An experienced investor wont be in that condition

DCA is a buying strategy carried out periodically or on a schedule. So, DCA is a buying strategy that focuses solely on the accumulation schedule and doesn't pay much attention to the price. Because what matters isn't the price, but rather the consistency of purchases and the amount of Bitcoin they've acquired. Perhaps that's why many people choose to use DCA when buying Bitcoin; it's because they don't experience the mental pressure of doing so.

However, even those using DCA can sometimes fail. It's pointless to use a DCA strategy while still being afraid of price fluctuations. This can ultimately lead to panic. Therefore, when investing in Bitcoin using the DCA strategy, we must never forget good planning. With proper planning, no matter how strong a storm, it's certain that we won't deter us from accumulating and holding Bitcoin. Because we already have a plan and a goal.

You’re right on the aspect of proper planning before DCAing, so one don’t get influenced by the price action, but creating a perception (psychology) of not getting influenced by little profit the market has offered you will also help a newbie not to be pressured in to making some clueless decisions. For newbie getting panic from the onset is inevitable, but with time and determination some tend to learn and cope with price  action.

Every thing needs planning even if you want to do DCA you need to be ready because the money to be used for DCA have to be properly planned and there times that you might need to either reduce or increase your budget and this is only applicable for those that have a stream of income because there is no way DCA can be done if you don't have money and people need to be satisfied sometimes people new to this we don't expect them to just accept everything the way it is I expect something much better from them but it takes time for them to adjust to all this actually as a Newbie.

Getting panic also comes with situation where the newbie doesn’t follow the guidelines of investing in Bitcoin or investing beyond their cold fund (discretionary fund). While investing, doing your research and learning from those ahead of you will also give one a firm foundation on their Bitcoin investment journey.

And when you are holding I don't see the reason why you are suppose to be panicking because the system is designed to take what ever it might be so you just have to go with the flow of the market, and they should have understood how this thing work by now and if they don't they can do there own research everything they need to know is out there for them to learn from because people are more concerned about the money than the knowledge, so there is no other way that you won't learn when you research and when they do that they will be able to maintain stability both emotionally and how to graph opportunities of buying.

[Bigjoe33]

Therefore, following the DCA method is very reasonable and it is the only suitable strategy when it comes to Bitcoin investment.

That's not true @laspol65... Even though DCA may be the most popular and easy to use strategy, that doesn't mean that it is the only suitable strategy for Bitcoin investment... Infact there are majorly three strategies that can be suitable for folks to accumulate Bitcoin. And they are:
1) DCA
2) Buying the Dip
3) and Lump Sum.

‎Among these three strategies, I feel the most important among them is the DCA. It works effectively for newbies, low income earners or people with unstable income. It's not really advisable for someone who is getting started with Bitcoin trying to buy the dip or doing a lump sum without basic understanding, because they can end up with losses. So DCA is the best strategy for newbies. Buying the dip looks like a good strategy but timing is tricky and risky. Using a lump sum can give you big gains if the market rises, but losses can be heavy if it drops. While using DCA continuously, you can  try out the other strategies, but the money to be used shouldn't come from your Emergency funds/backup funds, DCA funds but from another spare cash that isn't useful to you.

I don't think there any difference, there is risk in all the strategies. If you accumulate bitcoin using the DCA, when there is price decline, your investment value also drops. So dropping of value isn't just associated to buying lump sum. So the best thing is to ensure you buy right, I mean buying with the right funds with a proper income allocation/management, so that during the down trend period, you wouldn't panic sell.

Secondly, when the price drops, we can't call it loss out rightly as you mentioned, rather, it's better we say it devalued (a drop in value) because there is still a very big 100% chance of gaining back the lost value and even greater than it was initially. What we refer to as a loss is when it can never get back to your entry price at all not matter how long you HODL, and bitcoin have proven that over and over again.

I think the DCA is just so preferable because of the much advantages and flexibilities it creates, allowing low income earners to become coiners too, allowing you to start our small while striking a balance with your income and expenditure and your investment, and also the freedom to up your investment amount at will whenever you have created such balance and confidence in your investment

[Mr_Brilliant$]

Approximately how much does excess accumulation reach? Do we need to have thousands of Bitcoins first, or what? Since I'm still not very knowledgeable about this, I'd be very happy if you could explain it to me. However, if we buy BTC at a low price, as you mentioned, it will be difficult to get it back at that low price. I sometimes think that too. Indeed, if we don't have much BTC, it would be a shame to sell it now, because if we look to the future, the price of BTC will certainly rise.

It doesn't matter how much we accumulate what we need is consistency and focus. Many people who have the capital to buy Bitcoin certainly can't do it consistently or are not very focused. So what we need to pay attention to is doing it whenever we have income and don't need to worry about the amount even if it's small.

Currently for people who have capital in investing of course they will make purchases in accumulating Bitcoin for their future assets because as the belief that I said below we see the price of Bitcoin is far from increasing but we do not necessarily know what will happen in the next few years that's why I said earlier if you have capital and a strong mentality continue to do DCA in collecting Bitcoin for the next few years because if there is an increase of course what we do investment will end with a lot of profit on what we have done when collecting Bitcoin when the price is in decline but when the market price is in increase of course we also feel the benefits of investing in Bitcoin when the price returns to normal such as on October 5, 2025 when the price is at $120k and above and we accumulate BTC when the price is like what happened today is still at $ 68,200 of course the profit we get and most importantly do not think about how much we have to accumulate.

Exactly, like this is something people don’t really understand at first…  they think it is just about how much you buy, but the truth is it is more of how long and how consistent you stay in the game..

Consistency is more better than capital most of the times..  Someone that earn small income but use to do steady DCA for a long time will likely perform more than someone who has big money but keeps waiting for the perfect entry.. 

[Muba20]

It is very easy to wait for a long time with Bitcoin investment, if you can invest Bitcoin according to the DCA method and build an emergency fund then it will be easy for you to hold on to your Bitcoin investment. Therefore, following the DCA method is very reasonable and it is the only suitable strategy when it comes to Bitcoin investment.

As much as I want to agree with you about DCA as a suitable method of bitcoin investment, but it is not the only suitable method of Bitcoin investment.
There are different categories of investors so is their monthly or weekly earning different, some might see DCA as a strategy with less psychological and/or financial pressure and wants to dwell on that strategy, others as well regards DCAing as an important strategy with low stress but they combine it with either lump sum or buying the dip.
For instance someone that earns $100 on a weekly basis, after he has sort out his basic needs and figure out his discretionary funds he might see DCA as suitable strategy for him based on his current cash flow, while another investor that earns up to $1200, after sorting out basic needs and has figured out discretionary, there’s a higher possibility that this other investor will have much more discretionary funds and might decide to lump sum, but not as regularly as he does DCA.

While it is possible to try and use both strategies to implement regular investing and deep buying strategies, it is not always effective or reasonable. DCA is generally reliable in almost all situations, as it spreads risk by buying continuously over time. Sometimes lump sums or deep buying can be a useful complement to DCA. Buying the deep is mainly effective when someone has already made a significant one-time investment and then the price of Bitcoin suddenly drops. Such strategies are not always effective and involve transaction risk. It is often seen that people claim to apply buy the dip as if it is always the right thing to do, when in fact the transaction never took place. Of course, everyone is free to choose their strategy. If someone plans to adopt a deep buy strategy and then presents the situation as if no trade-offs were made, it seems a bit self-deceiving and inconsistent with using a real strategy.

[ejikeme24]

Approximately how much does excess accumulation reach? Do we need to have thousands of Bitcoins first, or what? Since I'm still not very knowledgeable about this, I'd be very happy if you could explain it to me. However, if we buy BTC at a low price, as you mentioned, it will be difficult to get it back at that low price. I sometimes think that too. Indeed, if we don't have much BTC, it would be a shame to sell it now, because if we look to the future, the price of BTC will certainly rise.

Waiting for the long term is certainly not easy because most people always want to get rich quickly from investments in the short term. But it's okay because it has been proven that investing in BTC for the long term is always profitable as long as we hold on to it firmly.

Actually there's no specific amount that is fixed to determine if a guy has reach the status of overaccumulation or excess accumulation,  in my own understand getting to the status of overaccumulation is when you feel that the stash of Bitcoin you have in your portfolio is more than enough for you, take for instance your target is to accumulate 0.02btc that should be around $1,351 or there about, let say you have the capacity to continue or enough discretionary income to continue then you decided to increase your portfolio to 0.07btc that should be $4,732 then you have added extra $3,487 to your bitcoin investment, at this point a guy is likely to say that they have accumulated enough stash of bitcoin that's depending on their investment target so that's just it.

[laspol65]

Approximately how much does excess accumulation reach? Do we need to have thousands of Bitcoins first, or what? Since I'm still not very knowledgeable about this, I'd be very happy if you could explain it to me. However, if we buy BTC at a low price, as you mentioned, it will be difficult to get it back at that low price. I sometimes think that too. Indeed, if we don't have much BTC, it would be a shame to sell it now, because if we look to the future, the price of BTC will certainly rise.

It doesn't matter how much we accumulate what we need is consistency and focus. Many people who have the capital to buy Bitcoin certainly can't do it consistently or are not very focused. So what we need to pay attention to is doing it whenever we have income and don't need to worry about the amount even if it's small.

Currently for people who have capital in investing of course they will make purchases in accumulating Bitcoin for their future assets because as the belief that I said below we see the price of Bitcoin is far from increasing but we do not necessarily know what will happen in the next few years that's why I said earlier if you have capital and a strong mentality continue to do DCA in collecting Bitcoin for the next few years because if there is an increase of course what we do investment will end with a lot of profit on what we have done when collecting Bitcoin when the price is in decline but when the market price is in increase of course we also feel the benefits of investing in Bitcoin when the price returns to normal such as on October 5, 2025 when the price is at $120k and above and we accumulate BTC when the price is like what happened today is still at $ 68,200 of course the profit we get and most importantly do not think about how much we have to accumulate.

Exactly, like this is something people don’t really understand at first…  they think it is just about how much you buy, but the truth is it is more of how long and how consistent you stay in the game..

Consistency is more better than capital most of the times..  Someone that earn small income but use to do steady DCA for a long time will likely perform more than someone who has big money but keeps waiting for the perfect entry.. 

Such a person has a high probability of success in Bitcoin investment, if someone invests continuously and keeps it for a long time, then he will definitely be successful. Especially if Bitcoin investment is for a long time, this is the only time when there is a high probability of achieving more. Because the Bitcoin market is being corrected at the moment, this is the only time to buy Bitcoin and make continuous purchases. Those who will invest in Bitcoin one-time will also be able to buy Bitcoin at the moment of this correction.

[JayJuanGee]

Yes, I agree with you, JJG, on this point. If we haven't reached the excessive accumulation stage, selling our Bitcoin is clearly the wrong move. It's like walking towards a city and then turning back. Therefore, it's best to be more patient before we reach our Bitcoin accumulation target. It would be a shame to abandon the foundation we've built over the past few years, as time can't be turned back. Essentially, if we could buy Bitcoin at $16,000 before, that's no longer possible. Therefore, selling Bitcoin before we've reached our accumulation limit is clearly a bad idea. So, for everyone, including me, we need to be patient, because investing in Bitcoin is no easy feat. The point is we have to fight to the max.

Actually what we need to do in investing is when the position we have has not reached its goal or target it is better to maintain the sale of Bitcoin that we have accumulated because the decision to sell suddenly actually has several factors that may immediately make the decision to sell so that things like this we must respond here through discussions with what we are doing now because someone sometimes finds it difficult to face such a long time in reaching the peak point but has the strength in terms of waiting for one of the right steps in investing by accumulating BTC with the aim of investing that we do now will become our future assets and if without patience everything will be so fatal in facing our future or for someone who does not wait in achieving the peak which is actually the point of investing must have patience in waiting for the point we want.

You are trying to frame investing within a trading framework, so if you are merely waiting for a higher price peak to sell your bitcoin because you think that if you wait longer then you believe that your trading mindset changes to investing.. but it does not change merely because you are wanting to sell at a higher price... since the investor is not just looking for a higher price in order to exit bitcoin... even if he might start to sell some of his bitcoin from time to time once he has reached a high enough status in his holdings.  The investor is not selling BTC in large portions of his holdings merely because it reached a higher price as you seem to be describing the objective of the investor as being different from the objective of a trader..   

I think that it is confusing when you describe investing as if the investor is trying to find a higher BTC price peak, and you are telling us that is how investing differs from trading.

Yes, I agree with you, JJG, on this point. If we haven't reached the excessive accumulation stage, selling our Bitcoin is clearly the wrong move. It's like walking towards a city and then turning back. Therefore, it's best to be more patient before we reach our Bitcoin accumulation target. It would be a shame to abandon the foundation we've built over the past few years, as time can't be turned back. Essentially, if we could buy Bitcoin at $16,000 before, that's no longer possible. Therefore, selling Bitcoin before we've reached our accumulation limit is clearly a bad idea. So, for everyone, including me, we need to be patient, because investing in Bitcoin is no easy feat. The point is we have to fight to the max.

Approximately how much does excess accumulation reach? Do we need to have thousands of Bitcoins first, or what? Since I'm still not very knowledgeable about this, I'd be very happy if you could explain it to me. However, if we buy BTC at a low price, as you mentioned, it will be difficult to get it back at that low price. I sometimes think that too. Indeed, if we don't have much BTC, it would be a shame to sell it now, because if we look to the future, the price of BTC will certainly rise.

Waiting for the long term is certainly not easy because most people always want to get rich quickly from investments in the short term. But it's okay because it has been proven that investing in BTC for the long term is always profitable as long as we hold on to it firmly.

You have to figure out how much bitcoin is enough or more than enough.

For example, if you had a $30k per year income and you started investing $100 per week in bitcoin (which is about 17.3%) in the beginning of 2016, and perhaps you had a goal of quitting your job once you could support an income of $80k per year.  By now you would have invested $53k, and you would have had accumulated 15.3 BTC.  You look up 15.3 BTC ,and you see that it is enough to start to withdraw $80k per year, even though the BTC price is currently down.

Of course any bitcoin that you have more than your 15.3 BTC would be excess, yet right now based on 15.3 BTC holdings, you are at the threshold level of enough or slightly more than enough.  You can figure out your various calculations so that you don't overly withdraw and that you stay in overaccumulation status.. which means that your bitcoin dollar value is growing faster than the amount that you choose to withdraw. If you screw up your calculations and you withdraw too much too quickly, then that would be on you to make sure that you figure out those matters so that you withdraw at a rate that is both comfortable and sustainable. I talk about both price-based and time-based sustainable withdrawal in my thread on the topic.

Bitcoin is not guaranteed to  "always be profitable" even in the long run. You have to figure out your balances.

As long as they are not done simultaneously, it may be more acceptable to common sense, without intending to measure how good or healthy a person's income stream is.
From what I have seen in my economic environment, on average, it is difficult for people to do all three of the things you mentioned at the same time because it all depends on how easy it is for them to earn money.
The most I can do is ensure that all needs are met without difficulty, and then the rest goes toward investment.

On an ongoing basis, guys who invest in bitcoin are figuring out 1) how much they have left after their basics (that is their discretionary income), 2) once they have discretionary income, they can choose a) invest b) save and/or c) discretionary consumption.

I count 4 things, and normal people should be able to fairly easily figure out these matters.

Of course, if they can make their discretionary income greater (by increasing income and/or by cutting expenses) then the amount that they have to work with in their discretionary funds will be greater.

These are not difficult concepts, and guys can learn how to get better through practice.

It won't be difficult if you know how to distinguish between discretionary income and discretionary spending.
Normally, people who can think about applying this concept will do so depending on how clearly they think about it.
Whatever amount of discretionary income you have can be spent on whatever you want, and it is these desires that need to be sorted out, whether they are for investment or hobbies.
This is not long, just the gist of it.

You almost confused me with your terms " discretionary income and discretionary spending" discretionary spending can really mislead or confuse some plebs because our major discussion is how to accumulate Bitcoin and hold for long term

Surely there can be differing ways that any of us might express ideas related to investing and what money that we might have available for investing.  aylabadia05  did not say anything incorrect, even though sure maybe he could have had been more clear.

Once we figure out our discretionary income, then there are three ways that we can use it: 1) invest, 2) save and/or 3) discretionary consumption.

So we choose how much we are going to put into each of the categories.

and what we need to carry out this successfully is our discretionary income and sometimes sorting it out is hard for some folks.

Practice helps, and perhaps talking about it (such in this forum) can help too.

So the term discretionary spending should be kept aside because discretionary spending can mean a lot of things ( like using our discretionary in things outside Bitcoin also)  which is not really what we are discussing.

Seem that we are discussing how much we can spend from our discretionary income/funds.  If you go beyond your discretionary funds then you are using money that is needed for expenses.  There are a variety of ways that guys can present the ideas, but we seem to be talking about spending from our discretionary income/funds and if we cannot figure out if we have enough discretionary funds, then we should not be trying to invest in bitcoin because it is too risky that we might end up using money that we need for our expenses.

[edited out]

Such a person has a high probability of success in Bitcoin investment, if someone invests continuously and keeps it for a long time, then he will definitely be successful. Especially if Bitcoin investment is for a long time, this is the only time when there is a high probability of achieving more. Because the Bitcoin market is being corrected at the moment, this is the only time to buy Bitcoin and make continuous purchases. Those who will invest in Bitcoin one-time will also be able to buy Bitcoin at the moment of this correction.

Investing in Bitcoin is not guaranteed to be successful whether buying on dip or buying consistently over a long period of time.

[BlackBoss_]

Investing in Bitcoin is not guaranteed to be successful whether buying on dip or buying consistently over a long period of time.

Doing anything in short term does not guarantee profit because during a shortest time, there is highest volatility and uncontrollability so that it's super hard to guarantee any profit.

Investment money in Bitcoin from buying and holding bitcoin a long time makes it more likely profit guarantee. There is still risk but the risk is smaller with long term investment and holding especially with investors who use discretionary income for Bitcoin accumulation, investment portfolio, and have solid plan of holding their bitcoin a long time.

The HODL map and the Bitcoin profitable days chart prove it.
https://hodl.camp/
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/

[Cryptinice]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Such traits are common with beginners. Normal market usually rises in price after selling or drops after buying. That is the volatility. Even professionals find it difficult to predict Short-term movements. the best thing to do now is to focus on learning strategies, long term goals, risk management, and avoid emotional decisions.

[Silikiem]

Therefore, following the DCA method is very reasonable and it is the only suitable strategy when it comes to Bitcoin investment.

That's not true @laspol65... Even though DCA may be the most popular and easy to use strategy, that doesn't mean that it is the only suitable strategy for Bitcoin investment... Infact there are majorly three strategies that can be suitable for folks to accumulate Bitcoin. And they are:
1) DCA
2) Buying the Dip
3) and Lump Sum.

,
Exactly, all the strategies are good when come to accumulating bitcoin , but dca don’t come with alot of planning like this others , though you have to plan when dcaing but you don’t have to bother yourself with market prices and stuff .

For the others (lumpsum, buying the Dip), you still have to focus on market prices , like buying the dip you will have , to wait for prices to drop to an extent which is not guarantee because price may not drop to the extent you are expecting, while Lump sum means a single payment of money paid all at once, instead of being divided into smaller payments (DCA) over time.

It is true that all buying strategies of bitcoin are suitable for use but mostly depends on individuals goals and income level. It’s advisable that a newbie should not go with the buy the dip method as it have the tendency of making them to wait for dip to occur before they can buy bitcoin. For effectiveness in the long term investment it’s advisable that they stick with the DCA method of buying bitcoin where they don’t need to wait for price drop before buying bitcoin, as they can always buy bitcoin regularly regardless of the price with just a discretionary income to use either weekly or monthly so as to enable them focus more on building up their portfolio and achieve their accumulation target or over accumulation. In the course of their DCAing they can be able to still lump sum buy if at anytime an extra or additional money comes in, and also along the line the dip occurs they can still be able to take advantage of the opportunity to accumulate even more in such a reduced rate provided they have the reserve fund to do so

[JayJuanGee]

Investing in Bitcoin is not guaranteed to be successful whether buying on dip or buying consistently over a long period of time.

Doing anything in short term does not guarantee profit because during a shortest time, there is highest volatility and uncontrollability so that it's super hard to guarantee any profit.

Investment money in Bitcoin from buying and holding bitcoin a long time makes it more likely profit guarantee. There is still risk but the risk is smaller with long term investment and holding especially with investors who use discretionary income for Bitcoin accumulation, investment portfolio, and have solid plan of holding their bitcoin a long time.

The HODL map and the Bitcoin profitable days chart prove it.
https://hodl.camp/
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/

Of course, we invest into bitcoin based on our presumption that in the long term, such as 4-10 years or longer that bitcoin's trend is going to tend towards upwards and that bitcoin has great chances to beat other assets that we could invest into and also that it will beat the debasement of the dollar.. so that in the end we have good chances of being better off for having had invested into bitcoin as compared to if we had not invested in bitcoin.

Having a long term view also helps us to be less affected by the shorter term ups and downs that have tendencies to be quite extreme.

Having said that and even acknowledging that bitcoin might be amongst the best, if not the best place to put value, it is still not guaranteed to go up in the long term.

Furthermore past performance does not guarantee future results, even though surely we can analyze various ongoing growth in bitcoin's network effects (as outlined by Trace Mayer) to have ongoing confidence in bitcoin's continued growth even though various banks, governments and status quo rich continue to battle against it in a variety of ways that are both direct in creating obstacles and perhaps a bit indirect in trying to fuck around with incentives and allowance of preferences to paper bitcoins.

[Makus]

It is true that all buying strategies of bitcoin are suitable for use but mostly depends on individuals goals and income level. It’s advisable that a newbie should not go with the buy the dip method as it have the tendency of making them to wait for dip to occur before they can buy bitcoin. For effectiveness in the long term investment it’s advisable that they stick with the DCA method of buying bitcoin where they don’t need to wait for price drop before buying bitcoin, as they can always buy bitcoin regularly regardless of the price with just a discretionary income to use either weekly or monthly so as to enable them focus more on building up their portfolio and achieve their accumulation target or over accumulation. In the course of their DCAing they can be able to still lump sum buy if at anytime an extra or additional money comes in, and also along the line the dip occurs they can still be able to take advantage of the opportunity to accumulate even more in such a reduced rate provided they have the reserve fund to do so

Buying the dip is not as bad as most people put it to be, the only mistake they make is depending on it solely and applying it independently from continually accumulating bitcoin. Though it might not sit well for newbie which is why we advice that newbies start with the DCA strategy irrespective of their salary structure until it becomes a habit to continually buy, that way even if they change strategy the consciousness to buy at regular intervals would still be a norm to them. One psychological fact is, before continually buying becomes a habit it means such person has spent alot of time doing it repeatedly and at the time it becomes a habit they are likely not newbies anymore and can clearly define their long term goal, which implies that they can flexibly combine strategies to suit their long-term goal without derailing from it.

[Futurexxx]

Buying the dip is not as bad as most people put it to be, the only mistake they make is depending on it solely and applying it independently from continually accumulating bitcoin. Though it might not sit well for newbie which is why we advice that newbies start with the DCA strategy irrespective of their salary structure until it becomes a habit to continually buy, that way even if they change strategy the consciousness to buy at regular intervals would still be a norm to them.

Yes I agree with you that buying the dip is actually not a bad practice since it helps you in getting a lot of Bitcoin at a discount price, and it also helps in growing your stash of Bitcoin faster, the problem only comes when you refuses to buy regularly and start waiting for it, that's where all the problem lies, because by doing so you are definitely going to miss so many buying opportunities that you would have used to accumulate a sizeable stash of Bitcoin if you were accumulating consistently.

That is why the best way to go about dip buying is to accumulate consistently, either weekly or monthly, then if in the process of accumulating their is a dip in the market, you may decides to buy aggressively then only if you have the reserve funds to carry it out, but waiting for only the dip before buying is not a good idea at all.

[Negotiation]

It is true that all buying strategies of bitcoin are suitable for use but mostly depends on individuals goals and income level. It’s advisable that a newbie should not go with the buy the dip method as it have the tendency of making them to wait for dip to occur before they can buy bitcoin. For effectiveness in the long term investment it’s advisable that they stick with the DCA method of buying bitcoin where they don’t need to wait for price drop before buying bitcoin, as they can always buy bitcoin regularly regardless of the price with just a discretionary income to use either weekly or monthly so as to enable them focus more on building up their portfolio and achieve their accumulation target or over accumulation. In the course of their DCAing they can be able to still lump sum buy if at anytime an extra or additional money comes in, and also along the line the dip occurs they can still be able to take advantage of the opportunity to accumulate even more in such a reduced rate provided they have the reserve fund to do so

Buying the dip is not as bad as most people put it to be, the only mistake they make is depending on it solely and applying it independently from continually accumulating bitcoin. Though it might not sit well for newbie which is why we advice that newbies start with the DCA strategy irrespective of their salary structure until it becomes a habit to continually buy, that way even if they change strategy the consciousness to buy at regular intervals would still be a norm to them. One psychological fact is, before continually buying becomes a habit it means such person has spent alot of time doing it repeatedly and at the time it becomes a habit they are likely not newbies anymore and can clearly define their long term goal, which implies that they can flexibly combine strategies to suit their long-term goal without derailing from it.

Buying deep is not bad, being able to buy a currency like bitcoin at a low price is really a matter of luck but the period of habit formation is the learning period when a person has been buying regularly for 6 months or 1 year, he has seen at least one small market cycle. During this time he understands that the market does not always go up this experience gives him the confidence to use DCA later. In the crypto market especially in the case of bitcoin psychological discipline is often more important than technical analysis. Many people think that it is best to buy when the market is falling. But the problem is, no one knows for sure when the market will reach its lowest point. Just waiting for a big drop and not investing regularly buying at regular intervals DCA, which reduces the average purchase price in the long run.

[Crytohillss]

Investing in Bitcoin is not guaranteed to be successful whether buying on dip or buying consistently over a long period of time.

Doing anything in short term does not guarantee profit because during a shortest time, there is highest volatility and uncontrollability so that it's super hard to guarantee any profit.

Investment money in Bitcoin from buying and holding bitcoin a long time makes it more likely profit guarantee. There is still risk but the risk is smaller with long term investment and holding especially with investors who use discretionary income for Bitcoin accumulation, investment portfolio, and have solid plan of holding their bitcoin a long time.

The HODL map and the Bitcoin profitable days chart prove it.
https://hodl.camp/
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/

Of course, we invest into bitcoin based on our presumption that in the long term, such as 4-10 years or longer that bitcoin's trend is going to tend towards upwards and that bitcoin has great chances to beat other assets that we could invest into and also that it will beat the debasement of the dollar.. so that in the end we have good chances of being better off for having had invested into bitcoin as compared to if we had not invested in bitcoin.

Having a long term view also helps us to be less affected by the shorter term ups and downs that have tendencies to be quite extreme.

Having said that and even acknowledging that bitcoin might be amongst the best, if not the best place to put value, it is still not guaranteed to go up in the long term.

Furthermore past performance does not guarantee future results, even though surely we can analyze various ongoing growth in bitcoin's network effects (as outlined by Trace Mayer) to have ongoing confidence in bitcoin's continued growth even though various banks, governments and status quo rich continue to battle against it in a variety of ways that are both direct in creating obstacles and perhaps a bit indirect in trying to fuck around with incentives and allowance of preferences to paper bitcoins.

It's not about hype or short term price it's about conviction over time if anyone zoom out and look at the biggest picture adoption, network effect decentralization it makes some little sense why so person are willing to weather the volatility at same time nothing is ever guarantee and pretending other wise is just wishful reasoning it's about probability taking a risk tolerance and believing that over a 3 or 9 years horizon, whether anyone agree or not having a long term thesis instead of over reacting emotionally to every dip is already a smart way to approach any Bitcoin investment.

[Obulis]

If you know how much you earn a week or a month there won't be any need to calculate your Income again because it is already known rather what someone should do is to check the essential or pressing needs and then also check how much will be leftover after these needs have been taken care of and that is the best way to start your planning, a wise person won't Wait till they are been paid before they start running up and down trying to find what they should handle as other unnecessary things can come up to distract someone so planning and budgeting things early is very good.

I am sorry that I cannot completely agree with you about not calculating income because those who have a fixed income but their expenses are not fixed. Because in terms of expenses, there are some regular expenses as well as some irregular expenses or unexpected expenses. When irregular and unexpected expenses come, stress is created and the result of that stress is often the wrong decision. And I agree with you about making a budget, because a budget plan should be prepared before starting work, as well as saving emergency money that will be able to deal with unexpected expenses and investing in Bitcoin will be much easier.

At Sarah, I don't think there is anything to be sorry about for having contrary opinion about a particular matter. To start with, what does derefunds actually meant by "if you how much you earn a week or month there won't be any need to calculate your income again because it is already known". Then going on to say that "what someone should do is to check the essential or pressing needs is like contradictory message because for me calculation of income is not clear and some how when you do planning, it is also calculation. Some expenses are already or 99% fixed that's they need to be taken care of like feeding!!

[landheer]

For those who are overly concerned about the market, using DCA is even more necessary, DCA strategy is the only one that avoids the negative effects of market volatility, when you invest through DCA, volatility will not harm you. Because it is a consistent strategy that builds a portfolio at an average price over the long term, volatility cannot affect it, which is why DCA strategy is the most suitable for starting investment compared to other strategies. Those who understand this strategy well from the beginning and continue to invest consistently with it, are very unlikely to face long-term failure.

Yes, for those who are always worried about BTC movements, the DCA strategy is very suitable because they don't have to worry about the purchase price, whether it's falling or rising. The most important thing is to buy using discretionary income.

But I think people who are DCA are having a better time right now because the BTC price is dropping. Although we don't see the price when we buy, the current price of BTC is certainly discounted, and for anyone who is DCA, this is a good time. However, sometimes I wonder about people who sell their BTC at a loss at the current price, even though BTC has the potential to rise even higher in the future.

[Princess Leah]

For those who are overly concerned about the market, using DCA is even more necessary, DCA strategy is the only one that avoids the negative effects of market volatility, when you invest through DCA, volatility will not harm you. Because it is a consistent strategy that builds a portfolio at an average price over the long term, volatility cannot affect it, which is why DCA strategy is the most suitable for starting investment compared to other strategies. Those who understand this strategy well from the beginning and continue to invest consistently with it, are very unlikely to face long-term failure.

Yes, for those who are always worried about BTC movements, the DCA strategy is very suitable because they don't have to worry about the purchase price, whether it's falling or rising. The most important thing is to buy using discretionary income.

But I think people who are DCA are having a better time right now because the BTC price is dropping. Although we don't see the price when we buy, the current price of BTC is certainly discounted, and for anyone who is DCA, this is a good time. However, sometimes I wonder about people who sell their BTC at a loss at the current price, even though BTC has the potential to rise even higher in the future.

I agree with you, though many things are required for investing in Bitcoin but what matters most is to use what one can afford to lose for investing in it, also known as the discretionary funds since the market is very volatile, and that's because it's good for risk management and maintaining consistency.

 Since Bitcoin is a volatile asset but requires holding for long-term then consistency is very important, that's why the DCA strategy is very important too and shouldn't be overlooked. People sell at lose for different reasons, lack of patience, greed, ignorance etc.

[Rockson1]

I agree with you, though many things are required for investing in Bitcoin but what matters most is to use what one can afford to lose for investing in it, also known as the discretionary funds since the market is very volatile, and that's because it's good for risk management and maintaining consistency.

 Since Bitcoin is a volatile asset but requires holding for long-term then consistency is very important, that's why the DCA strategy is very important too and shouldn't be overlooked. People sell at lose for different reasons, lack of patience, greed, ignorance etc.

I want to get something here, you said the most important thing investors should do is to invest with the amount they can afford to lose, then I ask using spare money to invest is it because an investor decided to invest with what he can afford to lose or he is using his discreationary income in other not get pressure along the line, I think using what we can afford is following the concept of Bitcoin that said invest with amount that is within your power, I don't know if am right but i think advising investors to invest with what they can afford and lose is like telling them that there is no hope, it means they can lose both their capital as the case may be,.meaning that as a precautionary measures they should invest with what they can afford to lose, please I need your clear stance on this.

[Cossyblack]

I want to get something here, you said the most important thing investors should do is to invest with the amount they can afford to lose, then I ask using spare money to invest is it because an investor decided to invest with what he can afford to lose or he is using his discreationary income in other not get pressure along the line, I think using what we can afford is following the concept of Bitcoin that said invest with amount that is within your power, I don't know if am right but i think advising investors to invest with what they can afford and lose is like telling them that there is no hope, it means they can lose both their capital as the case may be,.meaning that as a precautionary measures they should invest with what they can afford to lose, please I need your clear stance on this.

Since there is no guarantee that investors would be profitable by investing in bitcoin over the long term which is why investors should invest with discretionary income. We don't know what might happen to bitcoin in the next seconds or minutes,a couple of mistakes could go occur in a blink of an eye and because we cannot predict what might happen next there can't be guarantee in  bitcoin.  Because anything could go wrong we must invest with what we can afford to lose.