Buy Buy Buy or Sell Sell Sell?

[Arenga pinnata]

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

This is certainly true because investors won't wait for the price to rise whether it's at a high level or at a figure that might be profitable for them.

Some groups are currently busy preparing or seeking capital to make purchases. At the current price they are considered gamblers but these groups will choose to remain silent when the Bitcoin price is on a slight upward trajectory in the Bitcoin market. I agree with your opinion so I immediately clarified this by explaining how a group exploits the situation of buying during a price drop as is currently happening in the Bitcoin market. And it is true that they are currently in the waiting and monitoring category regarding the cycles that occur in the market and for them doing something like this is a wrong action in interpreting the journey they are taking.

Basically, everyone has their own way of investing. Investment methods aren’t limited to DCA; there are other approaches as well. In fact, some people with substantial capital are eager to invest directly in Bitcoin. However, they divide their large capital into 10 parts. They analyze the market over the medium term, and when they see the potential for a bearish market, they begin placing 10 buy orders simultaneously at 10 different price levels as the price drops. They place buy orders at each 1,000 USD price drop, for example, at 70k, 69k, 68k, and so on. And this technique, similar to averaging down, is actually quite effective for those with substantial capital who are fully committed to the long term.

After all, some people think, “Why rush if the goal is long-term anyway? Then accumulating it can be more relaxed.”

But speaking for myself, I prefer to just do DCA. Because I rely on my monthly salary. So I want something simpler. That is, when I have spare cash, I immediately buy Bitcoin with it. That’s it.

[Joeboy]

You can’t and I won’t just call them gamblers…
If they are buying only dips does not automatically make them a gambler..  What if they still hold long term like we do? Even if their approach isn’t the best, I’m not disputing that fact.. but at the end of the day, they are still investing..

Yeah, the approach might not be the consistent and smart for long term compared to steadily accumulating, but it does not dispute the fact that they are still investing too, especially when they also plan on holding long term..

Gamblers are high risk takers that takes risk in the hope of being profitable, and that similar to behavior of folks who relies only on waiting to buy the dip, which is just a way of them trying to outsmart the market.. And so folks who wait to buy the dip are mainly gamblers.... Truth is that folks can't really predict the movement of Bitcoin due to it being a volatile asset.. And so there is a very high possibility that the price may not even drop unto one's expectations... And if folks, most especially the newbies who are yet to have any holding begins waiting for price to drop down to their preferred price level before they buy, that may just be very risky coz they are very well gambling with their investments, which could mean that they may never start at all...

[Jamestown70]

You can’t and I won’t just call them gamblers…
If they are buying only dips does not automatically make them a gambler..  What if they still hold long term like we do? Even if their approach isn’t the best, I’m not disputing that fact.. but at the end of the day, they are still investing..

Yeah, the approach might not be the consistent and smart for long term compared to steadily accumulating, but it does not dispute the fact that they are still investing too, especially when they also plan on holding long term..

Gamblers are high risk takers that takes risk in the hope of being profitable, and that similar to behavior of folks who relies only on waiting to buy the dip, which is just a way of them trying to outsmart the market.. And so folks who wait to buy the dip are mainly gamblers.... Truth is that folks can't really predict the movement of Bitcoin due to it being a volatile asset.. And so there is a very high possibility that the price may not even drop unto one's expectations... And if folks, most especially the newbies who are yet to have any holding begins waiting for price to drop down to their preferred price level before they buy, that may just be very risky coz they are very well gambling with their investments, which could mean that they may never start at all...

In real sense, you’re referring to those that wait on the dip or used it as a complimentary approach as traders.  The fact I don’t wait on the dip before accumulating bitcoin doesn’t mean I’ll dispute those that uses this strategy, let’s be realistic here, buying the dip is one of strategies of accumulating bitcoin, and there are different type of persons into Bitcoin accumulation, there are those that their nature of job keeps them very occupied that most of the time they forget to buy on a regular basis, those set of persons, as their incomes arrive, they might decide to lump sum, while there are others who feels buying the dip is best for them cause they think they’ll be able to accumulate on cheaper price, but my problem with this set of persons is that they’re likely gonna miss out on so many opportunities because Bitcoin is unpredictable, that doesn’t make them any gambler to me, then there are others who also find the DCA strategy suitable and I fall into these categories. Lastly, there are others that uses DCA and compliment it with lump sum, all these approaches relies on whichever one an investor find suitable.

[Abbatty]

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

Generally, an investor should not wait for the price to rise and fall. Buying when the Bitcoin price is falling is not bad, but predicting when it will fall accurately is challenging and waiting for it to happen is foolish and should be avoided. Accumulating Bitcoin through DCA is considered the best strategy. And one should accumulate Bitcoin consistently using this DCA strategy.

They are rather called Traders than gamblers, buying during the Dip is not actually bad and it mostly use by experts but as newbie it preferably you use the DCA, with that you are less worried about your investment, you are rather focused on accumulating bitcoin than thinking about what you have invested.

For me I would say there is no best time to invest bitcoin, don’t wait for the DIP but start accumulating right away, just set a good Discretionary funds and start your bitcoin investment.

[yixichloro2xx]

An investor will definitely meet up with the dip when using the DCA strategy because he is accumulating regularly without waiting for the dip to accumulate Bitcoin, but if you are using the buy the dip strategy you can't buy at all price, using the DCA strategy you are accumulating irrespective of the price of Bitcoin even when the market is up or down you are regularly accumulating this is the reason i said that the DCA strategy also covers up the buy the dip strategy so it's better to stick to the DCA strategy then waiting for dip to accumulate Bitcoin.

Buying the dip isn't a bad strategy as far I know just that it isn't as effective as when using dca strategy. Buying only during dips will delay your accumulation progress as dip don't occur frequently and you don't no when the next bitcoin dip will occur.
when you should take buy the dip as your primary strategy is when you have reach your accumulation target because at that period you no longer need to be consistent since you've achieved your target.

Buying only during the dips will not only delay your accumulation progress it will also traumatize your emotions by not being satisfied with dips and when it goes up you will be lost with regrets, how can a no or low coiner will only be buying during the dip when it is more advantageous to be buying consistently with the DCA strategy, if a peak price today can be seen as a dip tomorrow when Bitcoin makes a new all time highs then it is not wise buying only during the dips especially for a no or low coiner.

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

You can’t and I won’t just call them gamblers…
If they are buying only dips does not automatically make them a gambler..  What if they still hold long term like we do? Even if their approach isn’t the best, I’m not disputing that fact.. but at the end of the day, they are still investing..

Yeah, the approach might not be the consistent and smart for long term compared to steadily accumulating, but it does not dispute the fact that they are still investing too, especially when they also plan on holding long term..

Yes you are right, buying the dip is just another way of accumulating Bitcoin. The only cons there, is your time will be wasted because you are waiting for the perfect dip that might not come. I think the only time it can be referred to as gambling is when someone buys a dip and sells when  price is high within a short period of time. Like you said, someone can still be an investor if they choose to buy them as long as they are able to hold for longer term. Apart from buy the dip, there are other options to accumulate which are DCA ( best option, easy and less risky) and there's also lump sum. Each method has its own advantage depending on the person. The important thing is understanding the approach you’re using and being able to stick with it without confusion or constant switching when the market changes.

[Derekfunds]

An investor will definitely meet up with the dip when using the DCA strategy because he is accumulating regularly without waiting for the dip to accumulate Bitcoin, but if you are using the buy the dip strategy you can't buy at all price, using the DCA strategy you are accumulating irrespective of the price of Bitcoin even when the market is up or down you are regularly accumulating this is the reason i said that the DCA strategy also covers up the buy the dip strategy so it's better to stick to the DCA strategy then waiting for dip to accumulate Bitcoin.

Buying the dip isn't a bad strategy as far I know just that it isn't as effective as when using dca strategy. Buying only during dips will delay your accumulation progress as dip don't occur frequently and you don't no when the next bitcoin dip will occur.
when you should take buy the dip as your primary strategy is when you have reach your accumulation target because at that period you no longer need to be consistent since you've achieved your target.

Buying only during the dips will not only delay your accumulation progress it will also traumatize your emotions by not being satisfied with dips and when it goes up you will be lost with regrets, how can a no or low coiner will only be buying during the dip when it is more advantageous to be buying consistently with the DCA strategy, if a peak price today can be seen as a dip tomorrow when Bitcoin makes a new all time highs then it is not wise buying only during the dips especially for a no or low coiner.

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

You can’t and I won’t just call them gamblers…
If they are buying only dips does not automatically make them a gambler..  What if they still hold long term like we do? Even if their approach isn’t the best, I’m not disputing that fact.. but at the end of the day, they are still investing..

Yeah, the approach might not be the consistent and smart for long term compared to steadily accumulating, but it does not dispute the fact that they are still investing too, especially when they also plan on holding long term..

Yes you are right, buying the dip is just another way of accumulating Bitcoin. The only cons there, is your time will be wasted because you are waiting for the perfect dip that might not come. I think the only time it can be referred to as gambling is when someone buys a dip and sells when  price is high within a short period of time. Like you said, someone can still be an investor if they choose to buy them as long as they are able to hold for longer term. Apart from buy the dip, there are other options to accumulate which are DCA ( best option, easy and less risky) and there's also lump sum. Each method has its own advantage depending on the person. The important thing is understanding the approach you’re using and being able to stick with it without confusion or constant switching when the market changes.

The dip is another method of accumulating Bitcoin but it is not the preferred method because we can't actually tell when the dip will come talk of more of coming to the price we are expecting it to so we can accumulate that is why the DCA method is always there so we can accumulate even though there is no Dip but we can prepare while still using the the DCA method. The DCA method helps an investor to accumulate regardless of the market cdition or price that is why it is term the best method.

[Kryptonite788]

The dip is another method of accumulating Bitcoin but it is not the preferred method because we can't actually tell when the dip will come talk of more of coming to the price we are expecting it to so we can accumulate that is why the DCA method is always there so we can accumulate even though there is no Dip but we can prepare while still using the the DCA method. The DCA method helps an investor to accumulate regardless of the market cdition or price that is why it is term the best method.

I cannot agree more with this point of view and I can confidently say from experience that DCA is a better strategy than others even it is not necessarily the highest return strategy in a short-term boom, its is still the safest, most reliable and beginner friendly method for steadily accumulating assets like bitcoin . DCA is more like a “set it and forget it “ method that ensures you keep building your bitcoin position no matter what the market does unlike chasing dips which is unpredictable.

[Silikiem]

instead of waiting for the market to dip before buying an investor can be accumulating bitcoin using the DCA strategy and settings aside some percentage of there discretionionary income for buying the dips and some percentage for buying bitcoin.
The DCA strategy doesn't really cover buy the dip strategy, rather an investor can combine both the DCA strategy and the other strategies during bitcoin accumulation phase. However waiting isn't a nice thing to do because it will only leads to missing of opportunity.

When it comes to the Bitcoin investments using difference strategies is very good. Because it helps help allot to accumulate the Bitcoins, yeah l thought that the DCA methods doesn’t cover the buy dip but if you take look at it it’s help people that have interest to invest in the bitcoin to buy with little amount they have not until they have enough capital before they can think to start up their bitcoin investments; and that’s why even those that didn’t combine strategies are still get what they want by using only the DCA methods.

In essence, each strategy has its own advantages, be it DCA or lumpsum strategy techniques. I think DCA is still a strategy in investing, only at the time of purchase, we think the price is the best, worthy and suitable to buy, and why should we delay it and as we know that market movements As we know, no one can predict market movements and it is very difficult to predict. And not only that, DCA is also a form of discipline or consistency in investing in Bitcoin and not only that, those who invest in Bitcoin certainly know that this asset has quite good potential in the future. And not just in the form of fighting inflation and still maintain their assets or grow in the long term, And as you said, DCA is also available to anyone who wants to learn or is interested in this asset. With DCA, they can learn and focus, and they can sense the market fluctuations at any time. With this experience, they can determine the best time to buy the asset.

One good thing about the DCA patterns of buying bitcoin is that it allows an investor to buy bitcoin at any market price, so you won’t say that the DCA have a particular best time to buy, the only best time to buy bitcoin With the DCA is when an investor have a discretionary income to use for bitcoin accumulation. Anyone who’s ongoingly buying bitcoin with the DCA will have the experience of buying bitcoin regularly at any market price as he don’t have to wait for any time of the market before buying bitcoin. Once the investor is able to figure out a discretionary income is the best time to just buy bitcoin with the DCA method and hold for long term.

[Rgram]

They are rather called Traders than gamblers, buying during the Dip is not actually bad and it mostly use by experts but as newbie it preferably you use the DCA, with that you are less worried about your investment, you are rather focused on accumulating bitcoin than thinking about what you have invested.

Are there really any Bitcoin expects? Are there those that could fit so well into this category because, I really don’t see a lot of them.

When certain events happen on the Bitcoin market, we jump into speculations on what could have being a direct result of certain moves without actually knowing. Most times, we pin it on Trump and some tweet.
Experts wouldn’t really rely on speculations and would be able to tell with a great deal of accuracy what is going on with the market but, we don’t have a lot of those.

Most of the individuals that have being able to buy and hold for a long time might be the ones that do fit into that category because, they’ve somehow stayed in profit with their strategy.

[alankasman]

Basically, everyone has their own way of investing. Investment methods aren’t limited to DCA; there are other approaches as well. In fact, some people with substantial capital are eager to invest directly in Bitcoin. However, they divide their large capital into 10 parts. They analyze the market over the medium term, and when they see the potential for a bearish market, they begin placing 10 buy orders simultaneously at 10 different price levels as the price drops. They place buy orders at each 1,000 USD price drop, for example, at 70k, 69k, 68k, and so on. And this technique, similar to averaging down, is actually quite effective for those with substantial capital who are fully committed to the long term.

I think this is quite accurate considering that dividing into 10 parts is certainly a reasonable thing for someone to do at least to meet the needs of what can be done for DCA. There are Bitcoin investment methods ranging from approaches so that with a limited timeframe they can indirectly apply it to market analysis. If the division does not align with expectations it may be more difficult to establish a specific path.

This technique is a way to justify the initial capital investment with the added benefit of avoiding further complications in committing to a specific timeframe. Even with substantial capital there's no complete confidence in carrying it out effectively. However with full commitment even if things don't happen they will yield results without our expectations being considered. For example we can see the current trend, from $120 to $66. This isn't something everyone wants but the commitment path that occurs in the market is indeed timely. Regardless of one's desires conditions remain the same regardless of our desires.

[Rustam Meraj]

I think this is quite accurate considering that dividing into 10 parts is certainly a reasonable thing for someone to do at least to meet the needs of what can be done for DCA. There are Bitcoin investment methods ranging from approaches so that with a limited timeframe they can indirectly apply it to market analysis. If the division does not align with expectations it may be more difficult to establish a specific path.

This technique is a way to justify the initial capital investment with the added benefit of avoiding further complications in committing to a specific timeframe. Even with substantial capital there's no complete confidence in carrying it out effectively. However with full commitment even if things don't happen they will yield results without our expectations being considered. For example we can see the current trend, from $120 to $66. This isn't something everyone wants but the commitment path that occurs in the market is indeed timely. Regardless of one's desires conditions remain the same regardless of our desires.

Big buying reports show that big group buying has for now stopped for plan break following 13 week buying jump that has ended in middle feeling that makes your 10 part plan right one at right time to avoid being caught in case price tests important floor at $60,000.
Most useful part of this automatic split, in my opinion, is gains without hopes that you have told because it changes price swings into buying tool instead of stress cause.
After all, you are correct with splitting your money and ignoring short term price swings as following set goal that can be more successful than fast trading in weak market.

[landheer]

The dip is another method of accumulating Bitcoin but it is not the preferred method because we can't actually tell when the dip will come talk of more of coming to the price we are expecting it to so we can accumulate that is why the DCA method is always there so we can accumulate even though there is no Dip but we can prepare while still using the the DCA method. The DCA method helps an investor to accumulate regardless of the market cdition or price that is why it is term the best method.

You're not wrong, this method is one of my favorites because it allows us to buy BTC directly without worrying about whether the price is going up or down. It's no wonder that many beginners and non-beginners still use this method because it feels more practical.

But I think we can also use other methods, such as lump sum and others, as long as we use them together. I also always use multiple methods, not just DCA, but I also implement the DCA method. Other methods are also implemented because I want to quickly acquire a lot of BTC, especially in a bearish season like now. For me, it would be a shame not to maximize BTC purchases.

[Decimetre]

The dip is another method of accumulating Bitcoin but it is not the preferred method because we can't actually tell when the dip will come talk of more of coming to the price we are expecting it to so we can accumulate that is why the DCA method is always there so we can accumulate even though there is no Dip but we can prepare while still using the the DCA method. The DCA method helps an investor to accumulate regardless of the market cdition or price that is why it is term the best method.

You're not wrong, this method is one of my favorites because it allows us to buy BTC directly without worrying about whether the price is going up or down. It's no wonder that many beginners and non-beginners still use this method because it feels more practical.

But I think we can also use other methods, such as lump sum and others, as long as we use them together. I also always use multiple methods, not just DCA, but I also implement the DCA method. Other methods are also implemented because I want to quickly acquire a lot of BTC, especially in a bearish season like now. For me, it would be a shame not to maximize BTC purchases.

It is not wrong to say that almost every bitcoin investor invests by DCA . It could be active DCA approach where a person has an established rate of income either weekly or monthly. I call this active DCA because the person has a pattern and a nearly known date for his next DCA. For me, Passive DCA allows an investor who does not have a stable source of income to still buy bitcoin at all time especially whenever he receives an income. This is different from buying the dip or lump-sum strategy because, he neither waits for dip to invest when he has a discretionary income nor goes too aggressively as in lump-sum.

This is out of my mind, my thoughts, no source.

[ChocolateBitcoinK]

instead of waiting for the market to dip before buying an investor can be accumulating bitcoin using the DCA strategy and settings aside some percentage of there discretionionary income for buying the dips and some percentage for buying bitcoin.
The DCA strategy doesn't really cover buy the dip strategy, rather an investor can combine both the DCA strategy and the other strategies during bitcoin accumulation phase. However waiting isn't a nice thing to do because it will only leads to missing of opportunity.

When it comes to the Bitcoin investments using difference strategies is very good. Because it helps help allot to accumulate the Bitcoins, yeah l thought that the DCA methods doesn’t cover the buy dip but if you take look at it it’s help people that have interest to invest in the bitcoin to buy with little amount they have not until they have enough capital before they can think to start up their bitcoin investments; and that’s why even those that didn’t combine strategies are still get what they want by using only the DCA methods.

In essence, each strategy has its own advantages, be it DCA or lumpsum strategy techniques. I think DCA is still a strategy in investing, only at the time of purchase, we think the price is the best, worthy and suitable to buy, and why should we delay it and as we know that market movements As we know, no one can predict market movements and it is very difficult to predict. And not only that, DCA is also a form of discipline or consistency in investing in Bitcoin and not only that, those who invest in Bitcoin certainly know that this asset has quite good potential in the future. And not just in the form of fighting inflation and still maintain their assets or grow in the long term, And as you said, DCA is also available to anyone who wants to learn or is interested in this asset. With DCA, they can learn and focus, and they can sense the market fluctuations at any time. With this experience, they can determine the best time to buy the asset.

One good thing about the DCA patterns of buying bitcoin is that it allows an investor to buy bitcoin at any market price, so you won’t say that the DCA have a particular best time to buy, the only best time to buy bitcoin With the DCA is when an investor have a discretionary income to use for bitcoin accumulation. Anyone who’s ongoingly buying bitcoin with the DCA will have the experience of buying bitcoin regularly at any market price as he don’t have to wait for any time of the market before buying bitcoin. Once the investor is able to figure out a discretionary income is the best time to just buy bitcoin with the DCA method and hold for long term.

Market prices are always very volatile, making it impossible to predict the fluctuations, so instead of trying to control these uncertain fluctuations, we should invest through a disciplined and consistent strategy. And for this, DCA is a very suitable and effective method, especially in the long term. We know very well that investing through DCA creates a portfolio at an average purchase price over time, which further enriches long-term success. That is why we should abandon unnecessary thinking, we will never be able to enter the market at the best time according to our expectations, because prices fluctuate with uncertainty, so investing regularly within our financial capacity is the most effective strategy.

[POPOLUV]

Investing in BTC and buying BTC without using discretionary income is certainly a fatal mistake, even using the DCAtechnique. The most important thing is to use discretionary income to buy BTC.

I agree with you on this. Everyone earns more or less but not everyone understands what money to invest with, which is why not everyone's investment is successful as per their plan, rather they stop investing halfway due to various problems. But those who can separate discretionary income from their income and invest only with that money then their investments are successful. Therefore, those who invest with the money that is left after meeting daily expenses, food, house rent and medical expenses and keep a separate emergency fund, their investments are the safest.

Surely, everything has principles and the better way to go about it to ensure success and sustainability. Any investment made outside your discretionary income is prone to risk and sudden fall no matter how careful you go about it, and that's because the investment was done with the wrong funds.

Handling your basic needs or expenses first, before investing using the left over money(discretionary) has been the basis for Bitcoin investment here and I believe it's just the best way to follow

All newbies should understand the fact that for you okay to invest is when you might have pay all necessary bills and the income that should remain is the one they called discretionary income and on your we still plan yourself by keeping your reserve funds available too so that you can be able to with all temptation that can during your Bitcoin portfolio and as new beginners is always do some research so that you will always be updated, also trust and have patience with your buying accumulating processes, providing you make use of DCA strategy.

[As-Soon-As]

You can’t and I won’t just call them gamblers…
If they are buying only dips does not automatically make them a gambler..  What if they still hold long term like we do? Even if their approach isn’t the best, I’m not disputing that fact.. but at the end of the day, they are still investing..

Yeah, the approach might not be the consistent and smart for long term compared to steadily accumulating, but it does not dispute the fact that they are still investing too, especially when they also plan on holding long term..

Gamblers are high risk takers that takes risk in the hope of being profitable, and that similar to behavior of folks who relies only on waiting to buy the dip, which is just a way of them trying to outsmart the market.. And so folks who wait to buy the dip are mainly gamblers.... Truth is that folks can't really predict the movement of Bitcoin due to it being a volatile asset.. And so there is a very high possibility that the price may not even drop unto one's expectations... And if folks, most especially the newbies who are yet to have any holding begins waiting for price to drop down to their preferred price level before they buy, that may just be very risky coz they are very well gambling with their investments, which could mean that they may never start at all...

You should never invest in Bitcoin for a short period of time, as the chances of making a profit are very low. But whenever you are involved in Bitcoin investment for a long period of time, the chances of making a profit will definitely be higher. Because the price of Bitcoin has definitely increased in the past, so long-term investment proves that it definitely increases the power of making a profit. And long-term Bitcoin investment provides more investment opportunities, due to which a low-income person can increase his portfolio by repeatedly purchasing Bitcoin according to the DCA method.

[Finebone]

It is not wrong to say that almost every bitcoin investor invests by DCA . It could be active DCA approach where a person has an established rate of income either weekly or monthly. I call this active DCA because the person has a pattern and a nearly known date for his next DCA.

I disagree with you that almost all Bitcoin investors invest with the dca accumulating strategy because in reality, not everyone, especially the newbie investor knows about the dca strategy, if you are talking about how it's the best way to buy and accumulate Bitcoin, it would be a lot better, not saying that almost all bitcoin investors uses the dca accumulating strategy to invest.

For me, Passive DCA allows an investor who does not have a stable source of income to still buy bitcoin at all time especially whenever he receives an income.

The truth is that you don't need to be stable financially before you can invest in bitcoin because what's a bitcoin investor needs in other to buy and accumulate consistently is a discretionary income, not a stable income, because you can be stable, but still be unable to figure out your discretionary income, and if you can't figure it out, it will be bad or wrong to go ahead to invest, because you will later temper with your investment prematurely just because you are investing with funds you cannot afford to lose.

[Stormisover]

You can’t and I won’t just call them gamblers…
If they are buying only dips does not automatically make them a gambler..  What if they still hold long term like we do? Even if their approach isn’t the best, I’m not disputing that fact.. but at the end of the day, they are still investing..

Yeah, the approach might not be the consistent and smart for long term compared to steadily accumulating, but it does not dispute the fact that they are still investing too, especially when they also plan on holding long term..

Gamblers are high risk takers that takes risk in the hope of being profitable, and that similar to behavior of folks who relies only on waiting to buy the dip, which is just a way of them trying to outsmart the market.. And so folks who wait to buy the dip are mainly gamblers.... Truth is that folks can't really predict the movement of Bitcoin due to it being a volatile asset.. And so there is a very high possibility that the price may not even drop unto one's expectations... And if folks, most especially the newbies who are yet to have any holding begins waiting for price to drop down to their preferred price level before they buy, that may just be very risky coz they are very well gambling with their investments, which could mean that they may never start at all...

You should never invest in Bitcoin for a short period of time, as the chances of making a profit are very low. But whenever you are involved in Bitcoin investment for a long period of time, the chances of making a profit will definitely be higher. Because the price of Bitcoin has definitely increased in the past, so long-term investment proves that it definitely increases the power of making a profit. And long-term Bitcoin investment provides more investment opportunities, due to which a low-income person can increase his portfolio by repeatedly purchasing Bitcoin according to the DCA method.

That Bitcoin has proven to increase in the past should not be the only reason why anyone should invest in Bitcoin for long, it should also be known that past performance is not a guarantee for the future, Bitcoin is a good coin the best among all good enough for anyone to place their value in but with the mindset that profits making is not guarantee even though it has the potential to give profits especially in the long term, that's gives a more balanced equation of expectations and while investing with your discretionary income is very important.

Investing in BTC and buying BTC without using discretionary income is certainly a fatal mistake, even using the DCAtechnique. The most important thing is to use discretionary income to buy BTC.

I agree with you on this. Everyone earns more or less but not everyone understands what money to invest with, which is why not everyone's investment is successful as per their plan, rather they stop investing halfway due to various problems. But those who can separate discretionary income from their income and invest only with that money then their investments are successful. Therefore, those who invest with the money that is left after meeting daily expenses, food, house rent and medical expenses and keep a separate emergency fund, their investments are the safest.

Surely, everything has principles and the better way to go about it to ensure success and sustainability. Any investment made outside your discretionary income is prone to risk and sudden fall no matter how careful you go about it, and that's because the investment was done with the wrong funds.

Handling your basic needs or expenses first, before investing using the left over money(discretionary) has been the basis for Bitcoin investment here and I believe it's just the best way to follow

All newbies should understand the fact that for you okay to invest is when you might have pay all necessary bills and the income that should remain is the one they called discretionary income and on your we still plan yourself by keeping your reserve funds available too so that you can be able to with all temptation that can during your Bitcoin portfolio and as new beginners is always do some research so that you will always be updated, also trust and have patience with your buying accumulating processes, providing you make use of DCA strategy.

Even as a beginner you don't need any updates or any research before you can buy your Bitcoin, the most important is that you are buying right away wherever you have your discretionary income.

[Bit-Mj1014]

I consider those buying bitcoin only in the dip period are not investors rather they are called the gamblers, when looking at it you understand that those groups of people that buy when the come has the purpose gambling althrough dip,there is nothing good at buying and accumulating now than waiting.

This is certainly true because investors won't wait for the price to rise whether it's at a high level or at a figure that might be profitable for them.

Some groups are currently busy preparing or seeking capital to make purchases. At the current price they are considered gamblers but these groups will choose to remain silent when the Bitcoin price is on a slight upward trajectory in the Bitcoin market. I agree with your opinion so I immediately clarified this by explaining how a group exploits the situation of buying during a price drop as is currently happening in the Bitcoin market. And it is true that they are currently in the waiting and monitoring category regarding the cycles that occur in the market and for them doing something like this is a wrong action in interpreting the journey they are taking.

Basically, everyone has their own way of investing. Investment methods aren’t limited to DCA; there are other approaches as well. In fact, some people with substantial capital are eager to invest directly in Bitcoin. However, they divide their large capital into 10 parts. They analyze the market over the medium term, and when they see the potential for a bearish market, they begin placing 10 buy orders simultaneously at 10 different price levels as the price drops. They place buy orders at each 1,000 USD price drop, for example, at 70k, 69k, 68k, and so on. And this technique, similar to averaging down, is actually quite effective for those with substantial capital who are fully committed to the long term.

After all, some people think, “Why rush if the goal is long-term anyway? Then accumulating it can be more relaxed.”

But speaking for myself, I prefer to just do DCA. Because I rely on my monthly salary. So I want something simpler. That is, when I have spare cash, I immediately buy Bitcoin with it. That’s it.

I never knew of dividing capital into 10 parts to buy the dips at $70k, $69k, and so on.
‎My question is if the market suddenly bounces back before all 10 orders are filled, do you just market buy the rest, or do you wait for the next cycle?
‎I’ve been reading a lot about extreme fear in the market lately with Bitcoin moving around $66k.
‎Is it better to just start a small DCA now, or is it wiser to wait until the bearish streak some analysts are talking about settles down? I don't want to be a gambler, but I also don't want to miss the boat.

[Nheer]

I never knew of dividing capital into 10 parts to buy the dips at $70k, $69k, and so on.
‎My question is if the market suddenly bounces back before all 10 orders are filled, do you just market buy the rest, or do you wait for the next cycle?
‎I’ve been reading a lot about extreme fear in the market lately with Bitcoin moving around $66k.
‎Is it better to just start a small DCA now, or is it wiser to wait until the bearish streak some analysts are talking about settles down? I don't want to be a gambler, but I also don't want to miss the boat.

Waiting for some dip in price is a waste of time and can lead to loss of opportunities so there's really no need to wait out for dips to invest you can start investing with DCA with any amount you can afford. Doing that consistently will give you enough Bitcoin with time. There is no perfect time to invest, everytime is the best time to invest so trying to time your entry is a waste of time because even experienced investors find it difficult to time the market. It's better to make use of DCA, accumulate consistently and focus on long term holding.