Buy Buy Buy or Sell Sell Sell?

[Charcol]

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However, I don't think we need to worry about someone who always waits for a decline before using the dca. Sometimes their predictions can be accurate, learning from previous seasons where BTC consistently experienced significant declines.

We are not worried about anyone, because here we always share our ideas. No one is given mandatory advice. Anyone can do anything. We will only say that a large part of those who wait for regular DIPs lose the opportunity to enter the market. Although the market has always given us opportunities. But they assume that there will be a big dump like the previous cycle. But where the market pattern does not always follow the same rules. As a result, they sit with cash, on the other hand the price gradually goes up.

In my opinion, the most important thing is being able to hold BTC for the long term, regardless of the purchase method. Many people buy BTC with dca, but due to a lack of technique and knowledge, they end up selling at a loss.

The problem for DCA users is not strategy but execution. They can buy according to their plan, but when the market goes into a downtrend, they panic and sell. This means they cannot take advantage of the average down opportunity in the market. Therefore, having a strategy is certainly important, but if it does not match your mindset and risk capacity, it is not uncommon to suffer losses.

[Gallar]

These statement can only be after self financial analysis. Finding out or knowing that your income is not enough no matter how you manage it, then thinking of increasing income becomes the only Paramount thing to think about.

I dont agree with you... The priority of majority of investors is to get more discretionary income so they can either increase their investments amounts and(or) build some backup funds/or emergency funds... But I don't think folks can really achieve this if they only focus on just increasing their Income, without equally reducing irrelevant expenses... I think the paramount thing to do should be the balance of both... That is they should look for ways to increase their income and also reduce irrelevant expenses, so they can have more discretionary income....

Don't you think that you guys are saying the same thing? Whether anyone is reducing irrelevant expenses or not it should be paramount to think in the direction of increasing your discretionary income as much as you can and when you can and whichever way you can this is what is paramount and it doesn't necessarily matter how you do it, for some people there is no such thing as irrelevant expenses all expenses they do are irrelevant and of course according to their pressing needs with a good scale of preference, note that in most cases what might be irrelevant to you might be relevant to the next person, what is most important is increasing your discretionary income in any way you can.

I don't think things like this need to be a headache, because basically, when we have an income, we should prioritize basic needs first. Only then, after all other needs are met, is the remainder called discretionary funds, which can be set aside for investment and emergency funds. So, that's why we're not overcomplicating things here. Once we've covered all our needs, we can invest the remaining money in Bitcoin. As for trying to increase our income, I think that's a positive thing.

Having a larger salary than before will certainly increase our discretionary funds, as long as our expenses remain the same as when our salary wasn't as large as it is now. So, the bottom line for me personally is that rather than reducing expenses, it's better to seek additional income. There are times when all expenses can't be cut because they're all essential, so that's why cutting expenses isn't possible. But if we can increase our income, it will clearly make a difference, because that additional income can clearly be invested, since it's already included in the discretionary fund. So that's my opinion.

[ZeroVinsonN]

Constantly monitoring the Bitcoin price by new investors might lead to disappointment; instead, they should buy constantly regardless of whether the price is rising or falling. Investors without market experience may panic and sell prematurely during a dip when they check the value of their Bitcoin in USD, believing that they are losing capital quickly.

The Bitcoin market is quite turbulent, it is hard to anticipate when it will happen in the market. So the amount of drop you are waiting for may never come. Because the market is currently experiencing a significant downturn, if you do not buy aggressively now, you may never be able to buy aggressively again. The fall represents an unpredictable future that you cannot control. Sitting on something over which you have no control is never the proper decision.

As newbie rather than focusing on the market , focus on your accumulation and learning too. Because despite that you are good to go with just having the basic knowledge of bitcoin. As time goes you will definitely need to keep expanding that knowledge inorder to build a better investment which may help you with the right principles to follow because investing in bitcoin with planning properly don’t usually ends well .

I'm not sure any investor should be too bothered with the market, it's not just newbies that shouldn't bother with it, infact newbies are most likely to bother as more veteran investors are already used to it so are not necessarily moved by the changes that might happen along the way but newbies with their inexperienced should try to not bother with it, it will only be a distraction to them as changes could affect their decision making on whether to keep investing but if they understand that the market will always shift between highs and lows then they will be better equipped to handle it.

Your overall idea in regards to trying to not become overly emotional is not bad ZeroVinsonN; however, you are generalizing way too much, as if you know the position of other investors - since newbies are likely trying to figure out how to manage their cashflows in such a way to build or maintain their back up funds and how to balance that with ongoingly buying bitcoin.. and they might have had even made mistakes along the way, since everyone has potentially fluid situations, even folks who haver steady income/expense situations.

I am saying that investors shouldn't be bothered because in an ideal situation not bothering is always a better alternative to bothering but ideal situations are rarely what we see in the real world, price fluctuations and unexpected dips that do not correct quickly enough can throw people into panicking and this is more true for newbies but for the investment to actually be successful it is better to steal your resolve as an investor and be ready to push through those moments where doubt tries to take over, I mean if an investor becomes too afraid of losing because a dip happened then they very much likely to sell our of fear because they want to mitigate their losses and this attempt to cut their losses will be what ultimately leads to them losing when the dip ends and the price that going up.

[Tonimez]

[Edited out]

I am saying that investors shouldn't be bothered because in an ideal situation not bothering is always a better alternative to bothering but ideal situations are rarely what we see in the real world, price fluctuations and unexpected dips that do not correct quickly enough can throw people into panicking and this is more true for newbies but for the investment to actually be successful it is better to steal your resolve as an investor and be ready to push through those moments where doubt tries to take over, I mean if an investor becomes too afraid of losing because a dip happened then they very much likely to sell our of fear because they want to mitigate their losses and this attempt to cut their losses will be what ultimately leads to them losing when the dip ends and the price that going up.

We understand that price shifts can cause panic among beginners and that's where trying to understand the nature of bitcoin comes in. Bitcoin is a volatile asset of which any body coming into bitcoin has to understand this first in order not to be playing around with bitcoin and blaming Volatility or price drops. I think one general aspect of every investment is looking back to time, checking the track record and comparing it with the potential for the future. Same with bitcoin, if you have checked the record, you would understand that the bear market is an integral part of bitcoin investment and so far, we're not experiencing a situation that has not happened but what matters is trusting in the process and understanding that bear market is for continuous aggressive accumulation and not for any panic sales. If beginners don't learn this bitcoin in the right way, they will be stuck with playing around with bitcoin and gambling away their money.

[Kelward]

[Edited out]

I am saying that investors shouldn't be bothered because in an ideal situation not bothering is always a better alternative to bothering but ideal situations are rarely what we see in the real world, price fluctuations and unexpected dips that do not correct quickly enough can throw people into panicking and this is more true for newbies but for the investment to actually be successful it is better to steal your resolve as an investor and be ready to push through those moments where doubt tries to take over, I mean if an investor becomes too afraid of losing because a dip happened then they very much likely to sell our of fear because they want to mitigate their losses and this attempt to cut their losses will be what ultimately leads to them losing when the dip ends and the price that going up.

We understand that price shifts can cause panic among beginners and that's where trying to understand the nature of bitcoin comes in. Bitcoin is a volatile asset of which any body coming into bitcoin has to understand this first in order not to be playing around with bitcoin and blaming Volatility or price drops. I think one general aspect of every investment is looking back to time, checking the track record and comparing it with the potential for the future. Same with bitcoin, if you have checked the record, you would understand that the bear market is an integral part of bitcoin investment and so far, we're not experiencing a situation that has not happened but what matters is trusting in the process and understanding that bear market is for continuous aggressive accumulation and not for any panic sales. If beginners don't learn this bitcoin in the right way, they will be stuck with playing around with bitcoin and gambling away their money.

Worries are a part of our lives because of uncertainties that sorounds most of the decisions that we make but worrying unnecessarily on somethings that has a pattern that will most likely manifest into a positive result that will favor us we need to limit the worries. Bitcoin has proven to be a store of value, although there is no guarantee that it must yield profit after many years we should still accumulate it because so far it has been proven it's worth as a valuable asset. No investment is totally risk free no matter the level of it's profit today so you don't need to panic while buying Bitcoin just use amount that you can afford to loose and DCA for as long as your discretionary funds can afford you for many years

[Alonso_]

When it dumps, thats the time to buy and wait for it to go back up and reach a certain threshold to sell.

What if the price never dump so you will not ongoingly invest huh? Dude the best time to ongoingly invest is when you have discretionary income that can be use. So fuck having to wait for dump price.

The price of bitcoin is hard to predict when it will dump or pump and so if you keep waiting for price to dump that will be a very dumb decision because you can keep staying a NO-COINER the more you stay waiting.

Just hold it until your 60 or something when it reaches $1,000,000 per btc.

Dude there is no benchmark for investing ongoingly. People can keep ongoingly investing even after they are 60 years.

I get tired of people who keep claiming that they plan on waiting for a DIP, buying during the DIP and then selling once the price recovers and still have the guts to call themselves investor, first off they are traders and beyond that there is nothing smart about deciding to wait for a DIP that you don't know might happen when you could have just been continuously investing the whole time, if a person is a trader they should call themselves traders and not try to confuse newbie investors into thinking waiting for a dip before buying and selling right after making a bit of profit is an investor's thing to do because it is not, a true investor will not wait for a DIP first before buying and will not sell immediately they get a slight sense of profit.

Everyone who always waits for a dip usually regrets it in the end because they don't always get their target price. Many even end up accumulating Bitcoin at a higher price because they never get the price they planned for.In fact, I have seen many people who lost the opportunity to invest in Bitcoin in the past just because they wanted the price to drop to their target before buying. But to be honest, some people never buy until now because every time they keep waiting for a dip, which is not always possible since the price of Bitcoin is unpredictable.Even recently, some people saw when Bitcoin's price hit a low point, but they refused to buy because they were expecting an even bigger dip. Now they are starting to regret why they did not buy during that period.If care is not taken, that is how they will continue regretting it, while forgetting this is  another opportunity to buy now.

It is better they accumulate at higher price than not accumulating at all  and waiting for the Dip is not advisable because the Dip is what we can not tell when it will happen and the level it will go even if it does come and sometimes the level at which it will dip can make some people who are not serious enough not to invest. It is good and advisable to accumulate little by little using the DCA method and consistency will give a good result.

Agreed, if you accumulate through the regular DCA method, you can buy at the lowest price and the highest price. It never wastes the good times of the market, at least for those who think that there are bad times or good times in the market. But in reality, there is no such thing as good or bad times when it comes to investing in Bitcoin for the long term. If someone can manage long-term investment with patience and according to the right plan, then Bitcoin can be the most valuable asset of the era. So rather than accumulating at all to catch the dip, regular investment in small amounts through the DCA method is the most effective, easy, safe and verified accumulation strategy, believe it or not.

Well many people understand the concept of DCA, but sticking to it, is where the problem is. consistency is one their major issue. Bitcoin is very volatile, so it's can change anytime. During those price changes especially the bearish period many people stopped buying because they felt uncertain about the market and we also have others who abandon DCA just to wait and buy the dip which might not even near their target. So these types of investors buy Bitcoin as a result of their weak emotions. Someone who uses DCA consistently won't be dealing with this kinds of pressure.
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Personally I think it might probably be difficult in term of sticking to DCA forever, especially when you have a large number of discretionary income which you want to buy bitcoin, but don’t forget that bitcoin isn’t a stable coin, considering the volatility nature of bitcoin, don’t you think that when there is a dip investors would eventually want to take the opportunity of buying bitcoin in a discount price, who wouldn’t want to buy bitcoins in a discount price, so which is why I think it might be difficult to stick to the price of buying bitcoin through the DCA technique, let’s not also forget that we have lump sum, there are companies who are buying bitcoin now like the Micheal Salor who is buying bitcoin I’m sure they buy bitcoin through lump sum in large quantities, and sometimes I have tried buying through lump sum, because if I decide to keep the money and buy small small, then I might use the discretionary money for something else, so I would want to approach buying through the lump sum.

[Cyber_warrior]

Worries are a part of our lives because of uncertainties that sorounds most of the decisions that we make but worrying unnecessarily on somethings that has a pattern that will most likely manifest into a positive result that will favor us we need to limit the worries. Bitcoin has proven to be a store of value, although there is no guarantee that it must yield profit after many years we should still accumulate it because so far it has been proven it's worth as a valuable asset. No investment is totally risk free no matter the level of it's profit today so you don't need to panic while buying Bitcoin just use amount that you can afford to loose and DCA for as long as your discretionary funds can afford you for many years

Bitcoin has proven to be a reliable store of value for years now and that has made a lot of people think it doesn't has risk but the truth is that even with all the potentials profit is not still guaranteed.

Personally I think it might probably be difficult in term of sticking to DCA forever, especially when you have a large number of discretionary income which you want to buy bitcoin, but don’t forget that bitcoin isn’t a stable coin, considering the volatility nature of bitcoin, don’t you think that when there is a dip investors would eventually want to take the opportunity of buying bitcoin in a discount price, who wouldn’t want to buy bitcoins in a discount price, so which is why I think it might be difficult to stick to the price of buying bitcoin through the DCA technique, let’s not also forget that we have lump sum, there are companies who are buying bitcoin now like the Micheal Salor who is buying bitcoin I’m sure they buy bitcoin through lump sum in large quantities, and sometimes I have tried buying through lump sum, because if I decide to keep the money and buy small small, then I might use the discretionary money for something else, so I would want to approach buying through the lump sum.

Sticking to DCA forever shouldn't be as difficult as you make it look so far you are disciplined enough to to adopt it for a while, you will get used to it with time and you can take it on for a long period of time. When you have a large amount of discretionary fund it's normal to feel the need to increase your Bitcoin accumulation and go more aggressively but that doesn't make DCA strategy less effective. You can as well increase the amount you allocate for DCA to increase your accumulation process. It also not bad to use a lump sum strategy together with DCA when there's a dip and you have enough discretionary income but don't scrap out your DCA strategy to accommodate lump sum, you can buy the dip while sticking to your DCA plan.

Both strategies work it just depends on your risk tolerance and which you think suits you better. DCA just makes investing more easier and less risky.

[Taskford]

Personally I think it might probably be difficult in term of sticking to DCA forever, especially when you have a large number of discretionary income which you want to buy bitcoin, but don’t forget that bitcoin isn’t a stable coin, considering the volatility nature of bitcoin, don’t you think that when there is a dip investors would eventually want to take the opportunity of buying bitcoin in a discount price, who wouldn’t want to buy bitcoins in a discount price, so which is why I think it might be difficult to stick to the price of buying bitcoin through the DCA technique, let’s not also forget that we have lump sum, there are companies who are buying bitcoin now like the Micheal Salor who is buying bitcoin I’m sure they buy bitcoin through lump sum in large quantities, and sometimes I have tried buying through lump sum, because if I decide to keep the money and buy small small, then I might use the discretionary money for something else, so I would want to approach buying through the lump sum.

Sticking to DCA forever shouldn't be as difficult as you make it look so far you are disciplined enough to to adopt it for a while, you will get used to it with time and you can take it on for a long period of time. When you have a large amount of discretionary fund it's normal to feel the need to increase your Bitcoin accumulation and go more aggressively but that doesn't make DCA strategy less effective. You can as well increase the amount you allocate for DCA to increase your accumulation process. It also not bad to use a lump sum strategy together with DCA when there's a dip and you have enough discretionary income but don't scrap out your DCA strategy to accommodate lump sum, you can buy the dip while sticking to your DCA plan.

Both strategies work it just depends on your risk tolerance and which you think suits you better. DCA just makes investing more easier and less risky.

I don't fully agree with this, because DCA will work when you are consistently stick on your plans. Also by trying to mix it up with lump sum this might weaken our strategy then possibly makes DCA less effective to us.

The real point of the DCA strategy is to remove our emotion to wait for that price dip situation. Once you try to engage on waiting for the dip strategy this already contradicts the real purpose and you might get lose, then everything might messed up so bad which can possibly cause those people to create bad decision on selling their holding on much shorter time or worse on bad market timing.

[Proty]

Personally I think it might probably be difficult in term of sticking to DCA forever, especially when you have a large number of discretionary income which you want to buy bitcoin, but don’t forget that bitcoin isn’t a stable coin, considering the volatility nature of bitcoin, don’t you think that when there is a dip investors would eventually want to take the opportunity of buying bitcoin in a discount price, who wouldn’t want to buy bitcoins in a discount price, so which is why I think it might be difficult to stick to the price of buying bitcoin through the DCA technique, let’s not also forget that we have lump sum, there are companies who are buying bitcoin now like the Micheal Salor who is buying bitcoin I’m sure they buy bitcoin through lump sum in large quantities, and sometimes I have tried buying through lump sum, because if I decide to keep the money and buy small small, then I might use the discretionary money for something else, so I would want to approach buying through the lump sum.

Sticking to DCA forever shouldn't be as difficult as you make it look so far you are disciplined enough to to adopt it for a while, you will get used to it with time and you can take it on for a long period of time. When you have a large amount of discretionary fund it's normal to feel the need to increase your Bitcoin accumulation and go more aggressively but that doesn't make DCA strategy less effective. You can as well increase the amount you allocate for DCA to increase your accumulation process. It also not bad to use a lump sum strategy together with DCA when there's a dip and you have enough discretionary income but don't scrap out your DCA strategy to accommodate lump sum, you can buy the dip while sticking to your DCA plan.

Both strategies work it just depends on your risk tolerance and which you think suits you better. DCA just makes investing more easier and less risky.

I don't fully agree with this, because DCA will work when you are consistently stick on your plans. Also by trying to mix it up with lump sum this might weaken our strategy then possibly makes DCA less effective to us.

The real point of the DCA strategy is to remove our emotion to wait for that price dip situation. Once you try to engage on waiting for the dip strategy this already contradicts the real purpose and you might get lose, then everything might messed up so bad which can possibly cause those people to create bad decision on selling their holding on much shorter time or worse on bad market timing.

I don't see were combining DCA strategy with other strategies will weaken it. Unless it is not properly done , an investor can be using DCA strategy to accumulate bitcoin continuously if an extra cash or bonus arise and the investor may decide to lump sum with it or use it for buying the dip while still ongoing with his DCA strategy. So the fact that an investor is using DCA strategy to buy bitcoin doesn't mean if the opportunity arises for them to do lump sum that it will weaken there DCA strategy, this is a fat lie . An investor can combine all the strategies while still ongoing with DCA strategy and it won't weaken DCA strategy.

[Son Of Blockchain (SOB)]

I don't fully agree with this, because DCA will work when you are consistently stick on your plans. Also by trying to mix it up with lump sum this might weaken our strategy then possibly makes DCA less effective to us.

The real point of the DCA strategy is to remove our emotion to wait for that price dip situation. Once you try to engage on waiting for the dip strategy this already contradicts the real purpose and you might get lose, then everything might messed up so bad which can possibly cause those people to create bad decision on selling their holding on much shorter time or worse on bad market timing.

I don't see any reason why an investor that understands what he's doing can't combined both the DCA and lumpsum together, although he can choose to increase his discretionary during dip periods for the DCA but that doesn't stop him from also lumpsuming during periods like that so far there's a balance, he can split his discretionary into half and use the larger portion to lumpsum and the remaining for the DCA during dip periods.
 Yes it's a very effect strategy that helps kill the fear of losing during the dip. It's better for everyone cause investors don't have to wait and miss out on good buying opportunities but be in a good position to buy on several dips. The big disadvantage of waiting for the dip to buy is that you'll never know the perfect dip cause of volatility so instead of wrong timing and missing out, it's best to use the DCA which would give the investor the opportunity to buy at different price mark during dips.

[Rubuchi]

You’re absolutely right, it’s better to keep buying and holding Bitcoin at whatever price situation that bitcoin find itself instead of not buying bitcoin or literally waiting for the dip which is a very awkward decision to make when it comes to buying and investing in bitcoin, I think someone who knows what bitcoin is all about would rather buy bitcoin even when it coming down, because they have that conviction that bitcoin wouldn’t collapse.

There is absolutely no challenge buying bitcoin when the price is high, because you can possibly buy through the DCA which is a more reliable method of buying and holding bitcoin, so investors shouldn’t be worried about the price of bitcoin skyrocketing because you can still buy through the DCA techniques.

it won’t be bad to also adopt strategy such as buy little when the market is rising and buy more when the market is in dip. Take for example, today bitcoin rises up to 80k dollars after it has suffered between 60k to 75k dollars over a longer period of time, then you will decide to put a peg at it by saying, whenever bitcoin rises above 65k, 70k or 75k, you should reduce your purchasing or investment budget by 25% and whenever it falls below that range, then you should add up the remaining 20% so as to minimize losses while keeping strong eye on maximizing the profit in a dynamic market full of fluctuations.

This is still achieved under the DCA method but with a financial management and maximization strategy approach where you don’t just invest a static figure in dynamic periods like this but you work on the basis of the market conditions in your favors. It also requires you monitoring your investments even when it will not be monitored like traders do but you will also need to keep an eye on the price at given times to ensure you maximize your profits. I don’t know if this idea makes any sense though.

[Abbatty]

The concept of short-term investment is associated with trading. But I think investing in Bitcoin should definitely be on a long-term basis. Do those who cannot control themselves in the market volatility actually have any need to invest in Bitcoin?

For someone who cannot control himself in a market downturn, not investing will never be the right decision. For someone who cannot control himself, it is necessary to gain knowledge, gaining knowledge can bring a person from an uncontrolled state to a controlled state. For example, I can give you an example on this subject, if you have a headache, then cutting off your head will never be the right decision, but it is better to find out what you can do to avoid headaches and what measures you can take to protect yourself from headaches.

Through gaining knowledge, a person can take control of himself. How much knowledge is needed to build trust in Bitcoin, it completely depends on him. So, do not stop investing, gain knowledge and build trust in Bitcoin

Someone who can’t control their emotions should not be called an investor or even consider going into any investment not just bitcoin. Take it or leave it every investment comes with risk and as someone who allows your emotions get the better of you then you can’t be in such act. When investing in bitcoin it is Always advisable to invest what you can actually afford to lose so in such case you emotions won’t be attached to it.

[Y3shot]

The concept of short-term investment is associated with trading. But I think investing in Bitcoin should definitely be on a long-term basis. Do those who cannot control themselves in the market volatility actually have any need to invest in Bitcoin?

Of course there's need for them to invest but before starting their Bitcoin investment they need to ensure that they have gain the basic knowledge about bitcoin investment I believe with the basic knowledge they can be able to have some Self control even though they might not be strong enough but with time they will get used to it so it is just a matter of time, the reason why it is advised for every beginner to go for the basic knowledge before getting started is so as for them to know about the market volatility so that by the time they get started and they see it happening it will no longer be a new thing to them.

Before investing in Bitcoin, you just need to keep in mind that the market is volatile, and you must make up your mind to hold Bitcoin. If you are not sure about a decision like this, no matter the basic knowledge you have about Bitcoin, it will be difficult to hold. Holding Bitcoin is a mindset, and if you have the right mindset, you will definitely hold.

When you don't have the right mindset, it will be difficult. Some people have acquired knowledge, but their mindset hasn't changed yet. It is very important, before investing in Bitcoin, for one to be very sure of what they are getting into and to make sure to stand by their decision; otherwise, they may end up selling at a loss.

[Nheer]

I don't fully agree with this, because DCA will work when you are consistently stick on your plans. Also by trying to mix it up with lump sum this might weaken our strategy then possibly makes DCA less effective to us.

The real point of the DCA strategy is to remove our emotion to wait for that price dip situation. Once you try to engage on waiting for the dip strategy this already contradicts the real purpose and you might get lose, then everything might messed up so bad which can possibly cause those people to create bad decision on selling their holding on much shorter time or worse on bad market timing.

If you are exposed to more discretionary income then it's good to try out other strategies to increase how you accumulate Bitcoin because the more you invest the bigger the potential gain you get in return in future.

 There is no need to keep investing slow and steady when you have more to put into it. If you are exposed to more discretionary income mixing strategies will help boost what you put into Bitcoin. If you don't it's more like wasted opportunity because anything can happen if you keep hold of the money so this can help reduce idle cash risk.

I don't think it will mess up your emotions because you are already used to DCA and using another strategy doesn't mean you stop using DCA. The approach is not replacing or interfering with the DCA plan already working for you, they can coexist together.

[Rockson1]

I don't see were combining DCA strategy with other strategies will weaken it. Unless it is not properly done , an investor can be using DCA strategy to accumulate bitcoin continuously if an extra cash or bonus arise and the investor may decide to lump sum with it or use it for buying the dip while still ongoing with his DCA strategy. So the fact that an investor is using DCA strategy to buy bitcoin doesn't mean if the opportunity arises for them to do lump sum that it will weaken there DCA strategy, this is a fat lie . An investor can combine all the strategies while still ongoing with DCA strategy and it won't weaken DCA strategy.

The problem is not the combination of all the strategy as you said but rather applying all rightly as it is suppose to be, of course we can do our normal DCA still buy in lump sum after all if we understand what buying in lump sum is, we will know that the money for buying lump sum does not come all the time, the dip itself is not soyme that we see all the time too so our DCA method becomes the strong hold of our Bitcoin investment, where I see problem here is when an investor starts to deviate from the original plan, if an investment can practice all these strategy at a go without facing difficulties that may lead to pressure then it is fine but if they can't, then it better to stick strictly to the less stressful and the efficient one which is the DCA method, that is my advice.

[ASloveapg]

The concept of short-term investment is associated with trading. But I think investing in Bitcoin should definitely be on a long-term basis. Do those who cannot control themselves in the market volatility actually have any need to invest in Bitcoin?

For someone who cannot control himself in a market downturn, not investing will never be the right decision. For someone who cannot control himself, it is necessary to gain knowledge, gaining knowledge can bring a person from an uncontrolled state to a controlled state. For example, I can give you an example on this subject, if you have a headache, then cutting off your head will never be the right decision, but it is better to find out what you can do to avoid headaches and what measures you can take to protect yourself from headaches.

Through gaining knowledge, a person can take control of himself. How much knowledge is needed to build trust in Bitcoin, it completely depends on him. So, do not stop investing, gain knowledge and build trust in Bitcoin

Someone who can’t control their emotions should not be called an investor or even consider going into any investment not just bitcoin. Take it or leave it every investment comes with risk and as someone who allows your emotions get the better of you then you can’t be in such act. When investing in bitcoin it is Always advisable to invest what you can actually afford to lose so in such case you emotions won’t be attached to it.

If you have a tendency to make emotional decisions based on price fluctuations, then it is not possible to survive in the long term in Bitcoin investment. Emotions always make people make wrong decisions, so if emotions are involved in investing, then very generally during price volatility we can get too scared of volatility, which can ultimately push us towards wrong decisions. And this tendency is more in the case of beginners, because in the first stage they are naturally more afraid, that is why it is important to control emotions, and to remain stable on continuous investment, ignoring volatility, only then is it possible to survive in the long term.

[POPOLUV]

When it dumps, thats the time to buy and wait for it to go back up and reach a certain threshold to sell.

What if the price never dump so you will not ongoingly invest huh? Dude the best time to ongoingly invest is when you have discretionary income that can be use. So fuck having to wait for dump price.

The price of bitcoin is hard to predict when it will dump or pump and so if you keep waiting for price to dump that will be a very dumb decision because you can keep staying a NO-COINER the more you stay waiting.

Just hold it until your 60 or something when it reaches $1,000,000 per btc.

Dude there is no benchmark for investing ongoingly. People can keep ongoingly investing even after they are 60 years.

I get tired of people who keep claiming that they plan on waiting for a DIP, buying during the DIP and then selling once the price recovers and still have the guts to call themselves investor, first off they are traders and beyond that there is nothing smart about deciding to wait for a DIP that you don't know might happen when you could have just been continuously investing the whole time, if a person is a trader they should call themselves traders and not try to confuse newbie investors into thinking waiting for a dip before buying and selling right after making a bit of profit is an investor's thing to do because it is not, a true investor will not wait for a DIP first before buying and will not sell immediately they get a slight sense of profit.

Everyone who always waits for a dip usually regrets it in the end because they don't always get their target price. Many even end up accumulating Bitcoin at a higher price because they never get the price they planned for.In fact, I have seen many people who lost the opportunity to invest in Bitcoin in the past just because they wanted the price to drop to their target before buying. But to be honest, some people never buy until now because every time they keep waiting for a dip, which is not always possible since the price of Bitcoin is unpredictable.Even recently, some people saw when Bitcoin's price hit a low point, but they refused to buy because they were expecting an even bigger dip. Now they are starting to regret why they did not buy during that period.If care is not taken, that is how they will continue regretting it, while forgetting this is  another opportunity to buy now.

It is better they accumulate at higher price than not accumulating at all  and waiting for the Dip is not advisable because the Dip is what we can not tell when it will happen and the level it will go even if it does come and sometimes the level at which it will dip can make some people who are not serious enough not to invest. It is good and advisable to accumulate little by little using the DCA method and consistency will give a good result.

Agreed, if you accumulate through the regular DCA method, you can buy at the lowest price and the highest price. It never wastes the good times of the market, at least for those who think that there are bad times or good times in the market. But in reality, there is no such thing as good or bad times when it comes to investing in Bitcoin for the long term. If someone can manage long-term investment with patience and according to the right plan, then Bitcoin can be the most valuable asset of the era. So rather than accumulating at all to catch the dip, regular investment in small amounts through the DCA method is the most effective, easy, safe and verified accumulation strategy, believe it or not.

Well many people understand the concept of DCA, but sticking to it, is where the problem is. consistency is one their major issue. Bitcoin is very volatile, so it's can change anytime. During those price changes especially the bearish period many people stopped buying because they felt uncertain about the market and we also have others who abandon DCA just to wait and buy the dip which might not even near their target. So these types of investors buy Bitcoin as a result of their weak emotions. Someone who uses DCA consistently won't be dealing with this kinds of pressure.
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Probably those categories of investors that are certain about the fluctuation of Bitcoin price in the market and stop accumulating or buying Bitcoin consistently rather consider to buy when the dip that might happen anytime soon, are the those investors that has not experienced bear market as they start building up their Bitcoin portfolio even as the use DCA strategy to invest, because i don't see any reasons of any investors that fall within the categories of using DCA strategy from initial that will consider to backup from investing consistent with the mindset of that the bear market will only last for a while and also constant buying can make an investors not to miss out any market opportunities.

[MissNonFall9]

Buying the dip is never a bad idea in my own opinion, but let it never be at the expense of waiting for it before carrying it out, because by waiting, you are likely going to miss so many buying opportunities that would be available during that time of waiting, so constant accumulation is the best, and if in the process of accumulating constantly and their is a dip in the market, you can still accumulate it aggressively if you want, from your reserve funds, but their is no where it's written that buying the dip is the best, or a must. You just have to buy once your discretionary income is available, because as long as you are buying with the mindset of holding for a very long period of time, I believe that in the future, when Bitcoin has risen to a million dollars or more, this current price will look like a serious bargain, so buying now without paying heed to the price is the best, because waiting for the dip before buying will only delay your ability to get to your over accumulation status quick.

I agree with everything you said but I don't agree with buying Bitcoin with reserve fund because reserve fund is kept to face any kind of disaster. The future of a person is completely uncertain, no one can say that he can live his life very comfortably. If he buys Bitcoin with reserve fund now, then if he faces any danger later, he may have to break his Bitcoin which will be very bad for an investor. So a person should invest his extra money in Bitcoin whenever his discretionary income increases or deposit Bitcoin in DCA method.

[The Founding Titan]

Buying the dip is never a bad idea in my own opinion, but let it never be at the expense of waiting for it before carrying it out, because by waiting, you are likely going to miss so many buying opportunities that would be available during that time of waiting, so constant accumulation is the best, and if in the process of accumulating constantly and their is a dip in the market, you can still accumulate it aggressively if you want, from your reserve funds, but their is no where it's written that buying the dip is the best, or a must. You just have to buy once your discretionary income is available, because as long as you are buying with the mindset of holding for a very long period of time, I believe that in the future, when Bitcoin has risen to a million dollars or more, this current price will look like a serious bargain, so buying now without paying heed to the price is the best, because waiting for the dip before buying will only delay your ability to get to your over accumulation status quick.

I agree with everything you said but I don't agree with buying Bitcoin with reserve fund because reserve fund is kept to face any kind of disaster. The future of a person is completely uncertain, no one can say that he can live his life very comfortably. If he buys Bitcoin with reserve fund now, then if he faces any danger later, he may have to break his Bitcoin which will be very bad for an investor. So a person should invest his extra money in Bitcoin whenever his discretionary income increases or deposit Bitcoin in DCA method.

Reserve fund isn't emergency fund although I understand why you would think they're the same but they are not, what you are talking about is the emergency fund saved incase an unexpected situations comes up that needs money to settle but reserve fund can be a more general term that can include but is not limited to emergency fund, also people can save money from their discretionary income to buy a dip when a DIP happens and this can be categorized as reserved fund though I would prefer just using that to DCA rather than saving it for a DIP that might not happen.

[Silikiem]

Buying the dip is never a bad idea in my own opinion, but let it never be at the expense of waiting for it before carrying it out, because by waiting, you are likely going to miss so many buying opportunities that would be available during that time of waiting, so constant accumulation is the best, and if in the process of accumulating constantly and their is a dip in the market, you can still accumulate it aggressively if you want, from your reserve funds, but their is no where it's written that buying the dip is the best, or a must. You just have to buy once your discretionary income is available, because as long as you are buying with the mindset of holding for a very long period of time, I believe that in the future, when Bitcoin has risen to a million dollars or more, this current price will look like a serious bargain, so buying now without paying heed to the price is the best, because waiting for the dip before buying will only delay your ability to get to your over accumulation status quick.

I agree with everything you said but I don't agree with buying Bitcoin with reserve fund because reserve fund is kept to face any kind of disaster. The future of a person is completely uncertain, no one can say that he can live his life very comfortably. If he buys Bitcoin with reserve fund now, then if he faces any danger later, he may have to break his Bitcoin which will be very bad for an investor. So a person should invest his extra money in Bitcoin whenever his discretionary income increases or deposit Bitcoin in DCA method.

You can actually use a reserve funds to buy bitcoin, what is not advisable to use in buying bitcoin with is an emergency funds. most investors save up some reserve funds for dip buying to enable them buy more at such a reduced price even while they are ongoingly buying bitcoin regularly with DCA. The emergency funds is the one kept incase the investor encounters some real life emergency situations or challenges or any kind of disaster as the case may be so that you don’t have to tend towards selling off your bitcoin investment just to get money to sort out the emergency situation you’re in. So yes, a reserve fund can be used to buy bitcoin.