Buy Buy Buy or Sell Sell Sell?

[PhilosopherKing]

You don't need anything that will make you spend unnecessarily instead you can decide to covert those funds you use in funding your reckless spending life style into your discretionary funds, by counting off clubbing, womanizing, gambling, drinking , hanging out with friends and all of that, this are things we might be looking as a common thing but you can imagine how far you will go in your investment journey if you decide channelling all those wasted funds to your discretionary funds.

you are getting things twisted man. Cutting down and cutting off have a completely different meaning. Cut down useless expenses doesn't mean that people should commit themselves to a life of loneliness. Why in the fuck sake should people stop seeing their friends and spouses or going out just because they want to ongoing invest. You are free to do that if you want, that's entirely up to you.

You can cut down unnecessary expenses without detaching yourself from your normal life activities. For example

a. rather than changing your phone after the release of new models you can keep up with the old phone that is still working.
b. reducing how much money is spent when they go out for a social gathering.
c. cooking more at home instead of ordering only take outs.
d. reducing the times often go for social events

[ChocolateBitcoinK]

Often time I realized people who purchase Bitcoin aggressively even when they don't have a discrestionary income left are the people who take this Investment as a competition, maybe they have a friend that has more fraction of Bitcoin in there portfolio so they want to compete or want to o over take them. Anyone who tries this, is  putting his or her investment at a high risk because the money they are using are not supposed to be used for Bitcoin accumulation and if they are unable to replace the money back immediately they will be doomed when time comes, we shulod always accumulate with our discretionary income and we can invest aggressively with our discretionary income.

Your right,it is quite crazy how some people could go as far as using their bitcoin portfolio for entertainment. Some them may even be aware of the danger of investing when they don't have discretionary income but because they want to accumulate more than their friends, they simply ignore all warnings and acted recklessly. Such recklessness could jeopardize their bitcoin investment if any goes wrong. Accumulating aggressively isn't bad but it shouldn't be done within discretionary income and shouldn't be in a competition with others.

When someone decides to go beyond their means in financial matters, they will definitely face more losses instead of getting something good. One should refrain from making decisions based on emotions in financial matters, one should always keep the aspect of ability in mind here, one should invest what is within one's means, deciding to do something extra will bring more negative results. When we have separate money to save aggressively along with keeping our DCA consistent, that is when we should do it, but investing aggressively with the required amount is completely foolish, it will only create more losses, so we need to be realistic and aware before taking such decisions.

[Proty]

You don't need anything that will make you spend unnecessarily instead you can decide to covert those funds you use in funding your reckless spending life style into your discretionary funds, by counting off clubbing, womanizing, gambling, drinking , hanging out with friends and all of that, this are things we might be looking as a common thing but you can imagine how far you will go in your investment journey if you decide channelling all those wasted funds to your discretionary funds.

you are getting things twisted man. Cutting down and cutting off have a completely different meaning. Cut down useless expenses doesn't mean that people should commit themselves to a life of loneliness. Why in the fuck sake should people stop seeing their friends and spouses or going out just because they want to ongoing invest. You are free to do that if you want, that's entirely up to you.

You can cut down unnecessary expenses without detaching yourself from your normal life activities. For example

a. rather than changing your phone after the release of new models you can keep up with the old phone that is still working.
b. reducing how much money is spent when they go out for a social gathering.
c. cooking more at home instead of ordering only take outs.
d. reducing the times often go for social events

It won't be a good idea to put oneself into unnecessary pressure by cutting down on our expenses. However, there are things that we may not necessarily be needing like the womanising aspect he did mention of, If someone decides to cutoff useless expense like the money they spend on womanising because womanising is very expensive. It won't be wrong to use the term cut off instead of cut down. However people shouldn't allow there investment to wore them out that it begins to affect there social lives and how they relate with others.

[Sim_card]

Your right,it is quite crazy how some people could go as far as using their bitcoin portfolio for entertainment. Some them may even be aware of the danger of investing when they don't have discretionary income but because they want to accumulate more than their friends, they simply ignore all warnings and acted recklessly. Such recklessness could jeopardize their bitcoin investment if any goes wrong. Accumulating aggressively isn't bad but it shouldn't be done within discretionary income and shouldn't be in a competition with others.

Any bitcoin investor that's in competition with his mate and buy aggressively beyond his discretionary income is only gambling and not investing because his friend needs and monthly expenses will definitely be different from his even though, they're receiving the same amount of weekly income.

Investing in bitcoin shouldn't be a competition thing but should be based on one reason which is piling up your discretionary income in bitcoin for the future to save those money from inflation since bitcoin is a store of value overtime. Investing into bitcoin requires money and you should know what that means if you make the wrong decisions and put the wrong funds into your bitcoin investment, you will sell at loss if bitcoin price is below your entry point when your needs arises.

It's not by how much you are using to DCA but how consistent can you keep your bitcoin accumulation ongoingly persistently overtime is what matters the most.

[B-BossMan]

Sure there can be situations in which guys need to adjust the amounts that they are investing in bitcoin and perhaps even temporarily suspend their buying of bitcoin in situations in which income has gone down and/or expenses have gone up... and surely some amount of back up funds could be used to continue to buy bitcoin, yet if the situation persists, then buying of bitcoin might need to be temporarily suspended, and surely most of us should be striving to avoid getting ourselves into any situations in which we might end up having to tap into our bitcoin at a time that is not completely of our own choosing and especially if we had gotten to such a problematic cash reserves situation due to our own poor cashflow management practices.

Well. I'm not denying the facts, but. Even if some people temporarily pauses buying of bitcoin, the main problem might still remain the same if really there wasn't any financial planning from the beginning. Stopping purchases doesn't or cannot fix the poor cash flow management automatically, once someone started investing in Bitcoin without separating fund for the essential expenses and discretionary funds, they will still later face the financial pressures. The consequences of a weak financial planning will definitely show up eventually, weather they continues buying of bitcoin or put it on hold/pause. People tends to ignore the understanding the discretionary funds quickly, and it's very important to know it, so there's no way one would not face difficulties in financial decisions without properly understanding discretionary funds.

Furthermore,although pausing Bitcoin purchases can actually help temporarily, but it doesn’t solve the fundamental issues if there wasn't an establishment of financial disciplined,because appropriat practicing use of discretionary funds from initial stages, authorize the investors consistently and also prevent themselves from unnecessarily financial stress, which ensured they never attempt to sell thier bitcoin due to poorer financial management.

[Nheer]

You don't need anything that will make you spend unnecessarily instead you can decide to covert those funds you use in funding your reckless spending life style into your discretionary funds, by counting off clubbing, womanizing, gambling, drinking , hanging out with friends and all of that, this are things we might be looking as a common thing but you can imagine how far you will go in your investment journey if you decide channelling all those wasted funds to your discretionary funds.

you are getting things twisted man. Cutting down and cutting off have a completely different meaning. Cut down useless expenses doesn't mean that people should commit themselves to a life of loneliness. Why in the fuck sake should people stop seeing their friends and spouses or going out just because they want to ongoing invest. You are free to do that if you want, that's entirely up to you.

You can cut down unnecessary expenses without detaching yourself from your normal life activities. For example

a. rather than changing your phone after the release of new models you can keep up with the old phone that is still working.
b. reducing how much money is spent when they go out for a social gathering.
c. cooking more at home instead of ordering only take outs.
d. reducing the times often go for social events

It won't be a good idea to put oneself into unnecessary pressure by cutting down on our expenses. However, there are things that we may not necessarily be needing like the womanising aspect he did mention of, If someone decides to cutoff useless expense like the money they spend on womanising because womanising is very expensive. It won't be wrong to use the term cut off instead of cut down. However people shouldn't allow there investment to wore them out that it begins to affect there social lives and how they relate with others.

True our mental health is as important as well and as a man you will have a woman in your life but I will assume by womanizing he mean multiple women if that's the case then having multiple woman is a liability so cutting them off but one will be a good idea.
Why do you say it as if investment requires much work to wear someone off, it just saving money so it shouldn't affect our health in any way. DCA has already help minimize the stress involved in investing so saving money at intervals shouldn't cause any problems.

All the above mentioned things are wants and not needs so when managing your expenses it's good to look into how you spend on those things. If you must not cut them off completely at least you should reduce how you engage in them to at least once in a while. They are all forms of distractions though.

[Sarah_Jannat42]

Buying dips can certainly complement other strategies, but buying dips should not be considered the main strategy, especially in the early stages of getting involved in Bitcoin. It is better to buy regularly without looking at the price in the early stages, and if there is a weekly buying schedule, then naturally there will be some dips. Waiting is not a good strategy, especially for those who are at the beginning of their savings or who think they need more Bitcoin. Buying continuously and frequently is a better strategy than waiting. However, if someone wants to adopt waiting as their strategy, that is their own decision. Each of us is responsible for our own Bitcoin holdings and how we build them, whether we are comfortable or aggressive.

It is very important to take steps rather than wait as you said and the action must be consistent. Consistent buying will definitely include us in dip buying. Another thing I would like to add is that, buying regularly in the initial stage is of course good but monitoring the price is also very important because this monitoring will enrich the knowledge level of new investors.

[SOKO-DEKE]

Often time I realized people who purchase Bitcoin aggressively even when they don't have a discrestionary income left are the people who take this Investment as a competition, maybe they have a friend that has more fraction of Bitcoin in there portfolio so they want to compete or want to o over take them. Anyone who tries this, is  putting his or her investment at a high risk because the money they are using are not supposed to be used for Bitcoin accumulation and if they are unable to replace the money back immediately they will be doomed when time comes, we shulod always accumulate with our discretionary income and we can invest aggressively with our discretionary income.

Competition is what makes some people make wrong decisions when investing in Bitcoin.What is the point of someone trying to accumulate Bitcoin aggressively when they are not capable of doing that, and they know that it will affect them?Investment in Bitcoin is not about competition; it is a gradual process with the money someone can afford to lose. We should not go to any length to invest what we cannot afford to lose, such as money that is not our discretionary income.Competing with friends or family during the time of accumulation will surely lead to regret in the near future. This is because they may be forced to sell and may end up selling at the wrong time. When money that is not supposed to be used is used to accumulate Bitcoin, and there are no other options to solve problems when they arise, we will most likely have to sell the Bitcoin when we need the money.

[barisbilgili]

Often time I realized people who purchase Bitcoin aggressively even when they don't have a discrestionary income left are the people who take this Investment as a competition, maybe they have a friend that has more fraction of Bitcoin in there portfolio so they want to compete or want to o over take them. Anyone who tries this, is  putting his or her investment at a high risk because the money they are using are not supposed to be used for Bitcoin accumulation and if they are unable to replace the money back immediately they will be doomed when time comes, we shulod always accumulate with our discretionary income and we can invest aggressively with our discretionary income.

Your right,it is quite crazy how some people could go as far as using their bitcoin portfolio for entertainment. Some them may even be aware of the danger of investing when they don't have discretionary income but because they want to accumulate more than their friends, they simply ignore all warnings and acted recklessly. Such recklessness could jeopardize their bitcoin investment if any goes wrong. Accumulating aggressively isn't bad but it shouldn't be done within discretionary income and shouldn't be in a competition with others.

That is the wrong way, we should invest in Bitcoin using discretionary income so that we will not disturb the investment until the predetermined time limit; it is a necessity. As for some reckless people who invest in the wrong way, I think it is not necessary to follow them, and I am very sure they will only incur losses if they do so. So for those of us who already know better, it is best to avoid that.

[Kelward]

Buying dips can certainly complement other strategies, but buying dips should not be considered the main strategy, especially in the early stages of getting involved in Bitcoin. It is better to buy regularly without looking at the price in the early stages, and if there is a weekly buying schedule, then naturally there will be some dips. Waiting is not a good strategy, especially for those who are at the beginning of their savings or who think they need more Bitcoin. Buying continuously and frequently is a better strategy than waiting. However, if someone wants to adopt waiting as their strategy, that is their own decision. Each of us is responsible for our own Bitcoin holdings and how we build them, whether we are comfortable or aggressive.

It is very important to take steps rather than wait as you said and the action must be consistent. Consistent buying will definitely include us in dip buying. Another thing I would like to add is that, buying regularly in the initial stage is of course good but monitoring the price is also very important because this monitoring will enrich the knowledge level of new investors.

Consistently monitoring Bitcoin price by new investors can easily bring disappointments for them, what they need to do is be buying consistently regardless of whether price is going up or down. Investors without experience of the market can easily panic and sell prematurely in dip when they check the value of their Bitcoin in USD, they will think that they are loosing their capital very fast.

Frequent monitoring of the market is for traders who are looking for openings to sell and make quick profits but investors don't necessarily have to monitor the market because they are not in a hurry to sell. If you are doing DCA method and also focused on monitoring the market then the strategy wouldn't be effective for you because anytime there is an uptrend you will panic to buy and you might stop and be waiting for price to dip. Buy Bitcoin when you have available fund for it, no need to check the right timing to buy because you don't control the market.

[Joy- maker]

Any bitcoin investor that's in competition with his mate and buy aggressively beyond his discretionary income is only gambling and not investing because his friend needs and monthly expenses will definitely be different from his even though, they're receiving the same amount of weekly income.

Investing in Bitcoin is not supposed to be a competition, beside this space is not a competitive one, so why the competition? If you are competing with someone or with your friends in this space you are likely to invest above your capacity, because your source of income and  the one of those you are competing with are not same, likewise your problems and expenses.

Instead of competing with your friends, Why not stick within your capacity and accumulate Bitcoin with your discretionary income using the DCA method consistently till you reach your own accumulating target, and then hold for long term. The amount others are using to accumulating Bitcoin with doesn't matter to you, so don't let it bother you. just accumulate Bitcoin with little you can afford consistently and you will achieve your goals. Have your goals and target, look for ways to achieve them. instead competing with someone who has different goals and  target.

[Joeboy]

~snip~

It is very important to take steps rather than wait as you said and the action must be consistent. Consistent buying will definitely include us in dip buying. Another thing I would like to add is that, buying regularly in the initial stage is of course good but monitoring the price is also very important because this monitoring will enrich the knowledge level of new investors.

I find it very difficult to understand why you intend that newbies prioritize monitoring Bitcoin's pricewhen they are meant to focus on learning and building their confidence... You are wrong coz monitoring the price dosen't enrich newbies intellect, it rather fill them up with unnecessary fear(since they are new to volatility) which may even push them into trading with their Bitcoin before reaching over-accumulation.. Remember that newbies haven't yet properly understand bitcoin so their confidence level may not be like those who have spent years in Bitcoin....So a better suggestion would be that newbies utilize those time that they spend monitoring the price to invest gradually and learn as they go.

[IceLincoln]

True.. as much as technical analysis may not be able to accurately predict when a dip is going to occur, it gives at least some advantage of buying at a low price... I know of someone who predicted Bitcoin was going to go below 70k as at last year November. Everyone doubted him saying it's not possible. He did that solely using his technical analysis skill besides he is a well known trader and it happened before our eyes. No body believed Bitcoin will dip so low. So technical analysis can eventually give you an edge on when to go in but regardless, consistent regular buying remains the best

We are not talking about trading in this thread but how to buy and hodli bitcoin for the future while you keep your bitcoin accumulation ongoing for 4-10 years or more.

A brand new bitcoin investor or a low coiner don't have any business to do with technical analysis because his focus is to keep his DCA ongoing regular every week consistent and persistent till he reaches his bitcoin target irrespective of the price of bitcoin.

When you get distracted with technical analysis, that will discourage you to ongoingly continue accumulating bitcoin because you will be waiting for a specific price that your mind tells you bitcoin will reach before buying. Before you know it, you will be left with little size of bitcoin portfolio in future. Technical analysis isn't always correct and there's no guarantee that bitcoin price will play out as predicted.

Before you want to invest into bitcoin… you just need to have basic knowledge and your discretionary income or money… as simple as that. You have no business going into technical analysis or getting involved in the technical aspects of bitcoin.
Just choose a strategy to invest your discretionary money into bitcoin and stick to it, the best for so many situations being the Dollar Cost Averaging (DCA). And while you’re at it you might try to improve your knowledge about bitcoin as you also improve in your investment.

[Stormisover]

Buying dips can certainly complement other strategies, but buying dips should not be considered the main strategy, especially in the early stages of getting involved in Bitcoin. It is better to buy regularly without looking at the price in the early stages, and if there is a weekly buying schedule, then naturally there will be some dips. Waiting is not a good strategy, especially for those who are at the beginning of their savings or who think they need more Bitcoin. Buying continuously and frequently is a better strategy than waiting. However, if someone wants to adopt waiting as their strategy, that is their own decision. Each of us is responsible for our own Bitcoin holdings and how we build them, whether we are comfortable or aggressive.

It is very important to take steps rather than wait as you said and the action must be consistent. Consistent buying will definitely include us in dip buying. Another thing I would like to add is that, buying regularly in the initial stage is of course good but monitoring the price is also very important because this monitoring will enrich the knowledge level of new investors.

This can be misleading to newbies because I don't see how monitoring the price will will enrich the knowledge level of a new investors, new investors are not buying Bitcoin based on the price rather they are to buy consistently whenever they have investment money without looking at the price, there is nothing so special about monitoring the price for a new investor and it has nothing to add to their knowledge level, there is different between looking at the price once in while as an investor be it new or old and monitoring the price, I guess maybe you have a wrong choice of words.

[Tonimez]

Buying dips can certainly complement other strategies, but buying dips should not be considered the main strategy, especially in the early stages of getting involved in Bitcoin. It is better to buy regularly without looking at the price in the early stages, and if there is a weekly buying schedule, then naturally there will be some dips. Waiting is not a good strategy, especially for those who are at the beginning of their savings or who think they need more Bitcoin. Buying continuously and frequently is a better strategy than waiting. However, if someone wants to adopt waiting as their strategy, that is their own decision. Each of us is responsible for our own Bitcoin holdings and how we build them, whether we are comfortable or aggressive.

It is very important to take steps rather than wait as you said and the action must be consistent. Consistent buying will definitely include us in dip buying. Another thing I would like to add is that, buying regularly in the initial stage is of course good but monitoring the price is also very important because this monitoring will enrich the knowledge level of new investors.

It is a wrong advice to tell beginners to spend more time monitoring the charts daily instead of concentrating on their DCA approach. This is because as a beginner, you can easily get discouraged or tend to wait for bitcoin to dip further because you feel that bitcoin is dancing to your tone. To be on the safe side, you should be investing with only your discretionary income and the set you DCA allocation in a financially friendly manner so that you will not be worried and get forced into selling off prematurely. I doubt if beginners can understand the chart as even the experienced investors have not been able to figure out what really controls the chart.

Most beginners who are joining bitcoin now that we are seeing the bear market, they could have been thought right, hoping to continue buying the dip, when the price goes up, they will quit buying and get tempted to sell. Same way focusing on the chart when the price is high, you can continue by your DCA until if the price eventually starts going down continuously as we are experiencing now, a beginner who has been focusing on chart can also be tempted to sell even though he's selling at loss. So it will not be completely wrong to say that when a beginner focuses on the chart, he gets distracted easily from achieving his accumulation goals.

[Bigthraex]

You don't need anything that will make you spend unnecessarily instead you can decide to covert those funds you use in funding your reckless spending life style into your discretionary funds, by counting off clubbing, womanizing, gambling, drinking , hanging out with friends and all of that, this are things we might be looking as a common thing but you can imagine how far you will go in your investment journey if you decide channelling all those wasted funds to your discretionary funds.

you are getting things twisted man. Cutting down and cutting off have a completely different meaning. Cut down useless expenses doesn't mean that people should commit themselves to a life of loneliness. Why in the fuck sake should people stop seeing their friends and spouses or going out just because they want to ongoing invest. You are free to do that if you want, that's entirely up to you.

You can cut down unnecessary expenses without detaching yourself from your normal life activities. For example

a. rather than changing your phone after the release of new models you can keep up with the old phone that is still working.
b. reducing how much money is spent when they go out for a social gathering.
c. cooking more at home instead of ordering only take outs.
d. reducing the times often go for social events

One thing I think both sides of this discussion are touching on, but from different angles, is balance and intentional spending. The original point about redirecting money from reckless habits into investments is actually valid. Many people underestimate how much money quietly disappears through frequent clubbing, gambling, excessive drinking, or chasing multiple relationships. Over time, those small expenses compound into amounts that could have been invested or saved. From that perspective, becoming aware of those spending patterns can be a powerful step toward building wealth. However, I also agree with the responses pointing out that financial discipline should not translate into social isolation or unnecessary pressure. Human beings are social by nature, and relationships, friendships, and occasional leisure activities contribute to our mental well-being. If someone completely removes those aspects of life just to invest every extra naira, the process can become unsustainable and even lead to burnout.
Perhaps the more practical approach is intentional prioritization rather than extreme sacrifice. Not every expense is equal. Some expenses genuinely add value to our lives spending time with friends, maintaining meaningful relationships, or enjoying experiences that improve our mental health. Others are simply habits that drain money without adding long-term value. For example, someone might decide to reduce frequent nightlife spending, avoid impulsive purchases, or stop expensive habits like gambling or constantly upgrading gadgets. The money saved from those choices can then be directed into investments like Bitcoin or other assets through strategies such as regular saving or dollar-cost averaging. At the same time, they can still maintain a healthy social life and personal enjoyment. In other words, the goal of investing shouldn’t be to remove joy from life, but to remove waste from spending. When people learn to distinguish between the two, they create a lifestyle that supports both financial growth and personal well-being. And in the long run, that kind of balanced discipline is far more sustainable than either reckless spending or extreme frugality.

[BitBakerr1]

Buying dips can certainly complement other strategies, but buying dips should not be considered the main strategy, especially in the early stages of getting involved in Bitcoin. It is better to buy regularly without looking at the price in the early stages, and if there is a weekly buying schedule, then naturally there will be some dips. Waiting is not a good strategy, especially for those who are at the beginning of their savings or who think they need more Bitcoin. Buying continuously and frequently is a better strategy than waiting. However, if someone wants to adopt waiting as their strategy, that is their own decision. Each of us is responsible for our own Bitcoin holdings and how we build them, whether we are comfortable or aggressive.

monitoring the price is also very important because this monitoring will enrich the knowledge level of new investors.

Monitoring the market is one of the biggest mistake that a new beginner in bitcoin investment should be doing, what you should focus is to accumulate and hold. You have no business monitoring the bitcoin market because as a new beginner monitoring the market we always make you emotional, and also make you to panic, which may lead to you taking a decision that we affect your bitcoin investment, decisions like selling your bitcoin, reducing the amount used in accumulating, start waiting for the dip before accumulating, etc. so as a new beginner in bitcoin investment, don’t monitor the bitcoin market if you really want to succeed, focus your attention in accumulating regularly since the goal and mission is accumulating and holding for long term. There’s no need monitoring the market like a trader.

[Grease5000]

Buying dips can certainly complement other strategies, but buying dips should not be considered the main strategy, especially in the early stages of getting involved in Bitcoin. It is better to buy regularly without looking at the price in the early stages, and if there is a weekly buying schedule, then naturally there will be some dips. Waiting is not a good strategy, especially for those who are at the beginning of their savings or who think they need more Bitcoin. Buying continuously and frequently is a better strategy than waiting. However, if someone wants to adopt waiting as their strategy, that is their own decision. Each of us is responsible for our own Bitcoin holdings and how we build them, whether we are comfortable or aggressive.

It is very important to take steps rather than wait as you said and the action must be consistent. Consistent buying will definitely include us in dip buying. Another thing I would like to add is that, buying regularly in the initial stage is of course good but monitoring the price is also very important because this monitoring will enrich the knowledge level of new investors.

It is a wrong advice to tell beginners to spend more time monitoring the charts daily instead of concentrating on their DCA approach. This is because as a beginner, you can easily get discouraged or tend to wait for bitcoin to dip further because you feel that bitcoin is dancing to your tone. To be on the safe side, you should be investing with only your discretionary income and the set you DCA allocation in a financially friendly manner so that you will not be worried and get forced into selling off prematurely. I doubt if beginners can understand the chart as even the experienced investors have not been able to figure out what really controls the chart.

Most beginners who are joining bitcoin now that we are seeing the bear market, they could have been thought right, hoping to continue buying the dip, when the price goes up, they will quit buying and get tempted to sell. Same way focusing on the chart when the price is high, you can continue by your DCA until if the price eventually starts going down continuously as we are experiencing now, a beginner who has been focusing on chart can also be tempted to sell even though he's selling at loss. So it will not be completely wrong to say that when a beginner focuses on the chart, he gets distracted easily from achieving his accumulation goals.

For a beginner  who want to start buying bitcoin and accumulating bitcoin for the long term. The simple and easy step you should use which I think is the best and less confusing approach, is first make sure you have a discretionary income to be use in buying of bitcoin, then employ the use of DCA strategy which allows you to buy bitcoin continuously  at regular interval without having to worry about better timing the market.

[Bigjoe158]

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?

Well, that just shows that the market is unpredictable.

You can't time the market because it's very unpredictable. You might see it's price going up for a few hours then suddenly, it will go down. Just look at Bitcoin's price a few days ago when the Coinbase anomaly happened. It went down from I think around $68,000 to nearly $59,000 in just a span of a few minutes.

What's my take on what's happening right now? We're in a time where we need to wait for the market to correct before entering. We have been seeing the market going up for days already, and I don't see any reason for me to enter the market when the market is on the green. I mean we want to buy coins at a lower price, so it's better to just wait until the market corrects then that's the time for us to buy.

Keep buying don't mind the market price for now. Yes the market is unpredictable because it is a marketplace. The thing that drives market is the unforseen hands of demand and supply. A good investor will target when prices of goods is on the downward slide in the market then he or she will invest heavily because the price is low and he or she willtarget when the prices of the goods is up and he or she sells and make some good profits. So my advice is keep buying if you have the funds and wait for the forces of demand and supply to take effect in the market.

[DubemIfedigbo001]

It's not by how much you are using to DCA but how consistent can you keep your bitcoin accumulation ongoingly persistently overtime is what matters the most.

Sure, it's not about how much you buy, it's about how long can your regular buys be sustained within your capacity. Bitcoin accumulation journey is a personal thing, you've to take inventory of yourself and your finances to identify how much discretionary income you've present and accessing how much you could put into Bitcoin and how much you can allocate into your emergency funds and reserve funds, I always like the 40, 30,30 rule, but it's still dependent on the investor.

You can desire to increase your aggressiveness in your regular buys and in that case you may like to tweak the percentages to 50, 30, 20 while 50% of your discretionary funds goes into your regular buys. Buy amounts aren't consistent, you can always adjust it to suit your financial situations or desire but it's always important to do such within your discretionary income. People also tend to workaround their finances and have more discretionary income to increase their aggressiveness.

Increasing your buy amounts to compete with a friend who has more discretionary income than you is a crazy thing to do and you may end up badly managing your cashflow, get overly aggressive and may have to use money meant for your expenses to meet up with your buys which is a very bad cashflow management practice and can prompt you to temper with your holdings at a time that you didn't choose to meetup with necessary expenses.