Buy Buy Buy or Sell Sell Sell?

[Primark]

...

If Bitcoin investment feels undisturbed of course for someone who does it they must have a reserve fund because basically for anyone who wants to make the investment without having a reserve fund it will be very difficult to maintain our assets when there is a very difficult time or situation that occurs when it happens unexpectedly but with a reserve fund of course our assets will be safe and will not be disturbed for the reason that before we start of course far from before we have prepared a reserve fund because we know that we anticipate more quickly what will happen when we are busy accumulating Bitcoin investments whether short-term or long-term so for me it is no longer surprising when someone who makes an investment has prepared a reserve fund because the reserve fund is very important for someone who makes a Bitcoin investment.

I think the best way to say it is; "having another source of income or a side hustle" aside Bitcoin investment for a person who wants to survive as a long term investor, this back up funds can be generated from other source of our income for someone that has another job, there will not be panic during dip, and the main reason having another source of income is good is because there is literally nothing that does not require funds to settle, so to avoid fear and frustration, getting a stable paying job will go long way sustaining an investor.

True. However the problem is that many people misunderstand what we're saying. Therefore in this case we as the speakers should deliver a discussion that's on target. When everyone understands it it's easier to assess our message.

Investment sustainability depends on stable input. This means that when someone has sufficient income it's easier to maintain their investment when situations arise that make it unsustainable. However our readiness for investing goes far beyond our prior investment. Therefore for me when I want to invest in Bitcoin I need to consider whether my income is sufficient. If I continue investing without considering my source of income this will create a major problem for me personally. Ultimately we end up investing and may not continue with our intended endeavors. This is because we invest with only a limited source of income without the support of a reserve fund to support us in difficult times that sometimes come unexpectedly.

From your clear statement, I feel that if the income is not large enough or stable, Bitcoin cannot be invested. In reality, whether the income is large or not is not the issue. The main thing is that if someone has real investable money, apart from necessary expenses, then there is no problem in continuing to invest. What do you mean by sufficient income? I am asking you to inform that someone's income may be large but his expenses may also be high, so he may not have investable money. Again, even if someone's income is small, if he can keep his expenses under control and generate discretionary income. So even if the income is small or from a single source, if he can manage his expenses and generate a small amount of discretionary money, then he can save Bitcoin in small amounts and hold it for the long term, if the plan is correct.

[Tonimez]

There is nothing wrong if someone decides to start investing in bitcoin with a small amount. Most of the whales we are hearing today started accumulating bitcoin with a smaller amount. So we must start with a huge amount, there are people that may even have a lump sum but may choose to start small. Consistentenecy play a big role in building ones portfolio in bitcoin, if an investor is buying bitcoin consistently even with a smaller amount they can be able to stack a reasonable amount over time.

Yes, the point is, we shouldn't underestimate the small steps we take, and that includes investing in Bitcoin starting with a small amount. Having a desire to invest is a very good thing and deserves appreciation. Basically, people who have the desire to invest and start, even with a small amount, are clearly better than those who have large funds but don't invest. Because, in Bitcoin, whether we invest with a small or large amount, the core point remains the same: preserving the value of our money so it doesn't get eroded by inflation. Therefore, I really appreciate people who invest in Bitcoin, even with small amounts. Because it can be a good sign that someone truly cares about their wealth, even if it's not much. So, if you want to invest in Bitcoin, start now; there's no need to wait until you're rich before investing.

You're right. Investing in bitcoin should not be greed driven but driven by the passion to preserve the value of your money at all time. If you see it in this manner you will understand why every little investment matters. Bitcoin investment is not supposed to be something you see as a source of income which is the mistake that many folks make because it's a wrong mentality. Starting small gives you an edge in sustenance because you will have patience knowing fully well that you are saving for the future out of your small small income. But most people that start large usually have a noticeable profit on every slight market uptrend and some of such people tend to play smart with their bitcoin by selling to buy back. Some get caught up in their smartness and that is how they get trapped into becoming no coiners or even losers.

[Bitcoin-Forever]

Bitcoin market is showing indication to fall a little bit, so that it could create an opportunity for those seeking an entry points for bitcoin investment, so I expect that we should be on our game and speculate to know how we could come in by taking advantage of this fall to buy more and hold.

Our lumpsum strategy should still be effective as well as the DCA pattern we are adopting, this current downtrend is an opportunity for us to buy so that we can also be an investor and not that we only constitute those that discuss about bitcoin alone without making the necessary move to invest and hold.

[Comeacross]

If you are trying to make money through your investing, you are trading, not investing.

Perhaps if you can figure out ways to earn income and to support yourself from your income, then you don't have to worry about earning money from your investment until later down the road.. perhaps after a couple of cycles of investing into bitcoin.

Sir JJG I disagree with you on this one, no one going into an investment won’t have the intention of making money, everyone that is going into an investment is doing that so he or she can make profit, it could be immediately or in the future but the main goal is to make profit, so saying if someone is trying to make money through his or her investment is a trader is wrong, if you know and you are 100% sure that bitcoin won’t give you profit in the future why did you invest in bitcoin? And again why did you decide not to invest in shitcoin I believe because you don’t want to waste your money and you know you may not get profit from it. So when it comes to investment profits will always be in your mind whether you like it or not however that those not mean your total focus should be on profit making your focus should be on building the investment and making it stronger the benefit of your dedication, commitment and hard work will come later.

I observe comprehension issue here. JJG made it clear in his post but you missed the point. Let me repeat what he said, pay attention to the part I bold in his statement. "If you are TRYING to make money through your investing, you are trading, not investing". Emphasis on the word "trying".

Of course nobody allocates their money on investment without expecting anything in return. But the point here is not whether you want profit (everyone actually want profit) but the difference is when you need the profit. This is what separate traders and investors, the mindset and time horizon. Both are after profit but one needs it now while the other needs it later, not anytime soon.

As an investor, you are not dependent on the profit showing up immediately, you let time and fundamentals do the work, you don't force exits.

[Sulegzy39]

For example, I believe that starting from scratch (even if it is a modest amount) is a critical step. Those who consider it negligent are truly unconcerned about the possibility of investing in Bitcoin. Many people believe that the proper time to invest in Bitcoin has not yet arrived. However, the ideal time to begin any work will not arrive in this brief period of life. As a result, while considering investing in Bitcoin, a person should first evaluate his income (discretionary income) and then make an investment. However, if an investor uses the DCA approach (monthly or weekly) in the beginning, it will be a great step for him.

[Hardyrobust]

~snip~

Sir JJG I disagree with you on this one, no one going into an investment won’t have the intention of making money, everyone that is going into an investment is doing that so he or she can make profit, it could be immediately or in the future but the main goal is to make profit, so saying if someone is trying to make money through his or her investment is a trader is wrong, if you know and you are 100% sure that bitcoin won’t give you profit in the future why did you invest in bitcoin? And again why did you decide not to invest in shitcoin I believe because you don’t want to waste your money and you know you may not get profit from it. So when it comes to investment profits will always be in your mind whether you like it or not however that those not mean your total focus should be on profit making your focus should be on building the investment and making it stronger the benefit of your dedication, commitment and hard work will come later.

Yeah if you have a very good source of income you won’t be bothered about your investment that those not mean you won’t think about the future profit you may get from it, the main reason why you need a good source of income and a backup funds when investing in bitcoin is so you won’t dip hands into it until you have reached an over accumulation stage.

It is obvious you don't really get the point or you are among those that thinks that profit making is the only reason why people invest in bitcoin. When you are focus on making profit from your bitcoin investment, the attitude of always timing the market to see if you are in profit will set in and before you know it you may end up selling before you even planned to. So it is typical of a trader to have this intention of making profit from there investment. Long term bitcoin holders don't think like traders that there focus is on how to make profit from there investment.
There are other reasons why people do buy bitcoin, it is not just because of profits. Bitcoin has proven to be a good store of value which means people can invest in bitcoin to store value and to retain wealth. Bitcoin is decentralised in nature and I don't think if you truly understand what this means. The freedom it offers to it holders.

[SPIDERMAN008]

Bitcoin market is showing indication to fall a little bit, so that it could create an opportunity for those seeking an entry points for bitcoin investment, so I expect that we should be on our game and speculate to know how we could come in by taking advantage of this fall to buy more and hold.

Our lumpsum strategy should still be effective as well as the DCA pattern we are adopting, this current downtrend is an opportunity for us to buy so that we can also be an investor and not that we only constitute those that discuss about bitcoin alone without making the necessary move to invest and hold.

An investor's opportunity is never created depending on the price of BTC. The opportunity to invest in  BTC is created depending on the investor's cashflow. From the moment his discretionary income starts, he can invest. It doesn't matter whether the price is low or high. Those who invest for the long-term do not worry about the short-term price. And those who enter Bitcoin depending on this price, think of selling Bitcoin when they see a small profit or panic selling when the price drops. And it is more convenient to do DCA than lump sum. Bitcoin can be bought regularly for less money, so there is less pressure. On the other hand, it is also possible to buy Bitcoin at an average price.

[GIF-JOBS]

Income plays a very important role in Bitcoin investment, but we shouldn't make it seem as if it is all about income and that you must have a good income first before you can buy Bitcoin. The most important thing to know is that irrespective of the income you make, you can still afford to buy Bitcoin.

If you think income is all you need and that the little income you have is too small for you to afford Bitcoin, there is a possibility that even if you increase your income, you may still not be able to afford to buy Bitcoin. This is because as your income increases, your demands also increase, and you will realize that you still struggle to buy Bitcoin. This is why I think buying Bitcoin has to do with mentality, good management of income, and not just about having the income only.

Investing in Bitcoin should be viewed simply without any complications. So when a person has the remaining money after meeting all family expenses, it is possible to invest in Bitcoin. Initially, that investment may be small, it does not matter. The point is how we see Bitcoin and investing in Bitcoin, as you said, investment mentality. So those who see the income issue as too big for investing in Bitcoin or delay investment for any reason are actually people with a negative mindset about investing in Bitcoin. So it must be said that as soon as we see that we have discretionary income, we should start investing without any kind of delay.

Starting small is not a crime in fact, it helps you gain control of the entire accumulate system and when you're more comfortable with bitcoin you can increase your accumulation provided your discretionary allows you to. Sometimes a lot of folks who have doubts and are not comfortable with accumulating bitcoin might feel like starting with a slow momentum, well that's fine for a start, the most important thing is that they've already started making investment in bitcoin, as time goes on they might get the urge to increase their inputs after discovering from experience and probably learn more about bitcoin.
Small start aren't neglected so long as bitcoin is concerned, and even if that's the persons financial capacity it is still fine to do what wouldn't put them in panic mood.

Like you, I think starting from nothing (even if it's a small amount) is a very important step. Those who consider it negligence are actually indifferent to the possibilities of investing in Bitcoin. Many people think that the right time to invest in Bitcoin has not yet come. But the perfect time to start any work will not come in this short time of life. Therefore, when a person thinks about investing in Bitcoin, he should calculate his income (find out the discretionary income) and invest. However, if an investor adopts the DCA method (can be monthly or weekly) in the initial stage, it will be a very excellent step for him.

It’s very simple, to find out one’s discretionary income isn’t all about making too much of calculations but what to do is when you receive an income, you need to first go and sort out all your basic financial needs and once you’re done with that, the remaining money left with you after sorting out your basic needs is what is regarded as your discretionary income which you can use to invest in bitcoin and set up your other back up funds like the emergency funds to protect your investments in times of an unexpected event.

Actually, continuing to invest is not a difficult task, it is very easy, you just need to start investing in a simple way with whatever amount of money you have after meeting all your needs, no matter how small, and you have to maintain this process consistently for a long time, then everything will happen. First, you have to start with your discretionary income, then you have to create an emergency fund to keep your investment safe in the long term. This is how you have to manage your investment, ensure the continuity of your investment, and keep it safe through long-term financial security.

[ndutndut]

For example, I believe that starting from scratch (even if it is a modest amount) is a critical step. Those who consider it negligent are truly unconcerned about the possibility of investing in Bitcoin. Many people believe that the proper time to invest in Bitcoin has not yet arrived. However, the ideal time to begin any work will not arrive in this brief period of life. As a result, while considering investing in Bitcoin, a person should first evaluate his income (discretionary income) and then make an investment. However, if an investor uses the DCA approach (monthly or weekly) in the beginning, it will be a great step for him.

If you already understand the basics of Bitcoin, from the beginning to security and have an income delaying buying Bitcoin is a wrong decision especially if you think it's not yet time to invest. With this mindset you won't have the right time to start. So, stick to long-term investment goals and make sustainable purchases or DCA.

As you said, it's better to start with a small amount as this is the most appropriate step. Many people get caught up in over analyzing, even waiting for the perfect time to buy Bitcoin, when in fact the perfect time to buy Bitcoin often comes. Another reason might be to motivate us to invest in Bitcoin. We only live once and so does Bitcoin, because the market won't wait for us to be 100% ready. So, buying and holding for the long term is the right choice if you want to build financial freedom for the future.

[Tmoonz]

For example, I believe that starting from scratch (even if it is a modest amount) is a critical step. Those who consider it negligent are truly unconcerned about the possibility of investing in Bitcoin. Many people believe that the proper time to invest in Bitcoin has not yet arrived. However, the ideal time to begin any work will not arrive in this brief period of life. As a result, while considering investing in Bitcoin, a person should first evaluate his income (discretionary income) and then make an investment. However, if an investor uses the DCA approach (monthly or weekly) in the beginning, it will be a great step for him.

If you already understand the basics of Bitcoin, from the beginning to security and have an income delaying buying Bitcoin is a wrong decision especially if you think it's not yet time to invest. With this mindset you won't have the right time to start. So, stick to long-term investment goals and make sustainable purchases or DCA.

As you said, it's better to start with a small amount as this is the most appropriate step. Many people get caught up in over analyzing, even waiting for the perfect time to buy Bitcoin, when in fact the perfect time to buy Bitcoin often comes. Another reason might be to motivate us to invest in Bitcoin. We only live once and so does Bitcoin, because the market won't wait for us to be 100% ready. So, buying and holding for the long term is the right choice if you want to build financial freedom for the future.

There is no perfect definition of perfect time of buying Bitcoin than whenever you have a discretionary income at your disposal, I can't say that we have are over emphasizing this because alot of people are making that mistake thinking that there is a best perfect time of buying Bitcoin and at such get caught with procrastination, this could cause missing opportunities and some may end up not buying as a result of over analyzing the market and wanting a perfect entering point. Having a basic knowledge and a discretionary one can start buying Bitcoin with the DCA without waiting for a perfect timing which is a complete waste of time.

[I_Anime]

That’s true starting small doesn’t mean you won’t grow with time , many actually choose to start small while some just had to start small due to not having enough cashflow . Starting small doesn’t mean your earning will be stagnant, with time many tend to scale up , and the reason why some choose to start small is because some folks want to understand what they are going into before going in aggressively.

As basic as this sounds, if you're not ready to start investing even if it requires you to start small, You will never grow to investing with a bigger amount. There's already a saying that if you're not faithful with that which is small that you won't be faithful with that which is big and that's a key truth in getting started in ones investment. To a large extent, it's safer to start small and then increase on your accumulation amount than starting big without a clear plan and then struggling at the end.

There are people that have the resource and proper understanding to start big and still continue growing that way. That's a normal thing for the different class of investors but if you're not in that category and you're trying to get things all perfect before getting started, you will continue to procrastinate and might never invest or grow into becoming a successful investor.

If such person that's waiting to start when they generate bigger discretionary fund can't manage their portfolio when the discretionary income is lesser I wonder how such person would cope with a bigger discretionary funds. Some people don't understand that starting big doesn't mean they'll be successful what matter is that the discretionary fund is available and an investor is determined to hold whatever they put into the portfolio for long-term, someone who started with a small discretionary can increase it as time goes so far the person is determined to hold for long-term.

Best way to secure a smooth investment is knowing how to allocate your earnings , know how to share your earning using percentages, for instance your expenses will take up to 60% of your earning , leaving you with 40% , then you can decide to use 25% of your discretionary income (which is from the 40%), then the remaining 15% can go to emergency funds , depending on the way you want to allocate , but just make sure you balance it well because wrong allocation can affect your investment in a long run.

[Jewan420]

Best way to secure a smooth investment is knowing how to allocate your earnings , know how to share your earning using percentages, for instance your expenses will take up to 60% of your earning , leaving you with 40% , then you can decide to use 25% of your discretionary income (which is from the 40%), then the remaining 15% can go to emergency funds , depending on the way you want to allocate , but just make sure you balance it well because wrong allocation can affect your investment in a long run.

I do not allocate any money in advance to cover expenses. Rather, I continue to spend 100% of my monthly salary on necessary expenses and that continues until I receive the next month's salary. When I get the new month's salary, I calculate the old month, what percentage of the total salary was spent and what percentage was allocated for prudential money. I consider the prudential money as 100% fund and invest up to 50%-60% over time and include 30% in the backup fund and keep the remaining 10%-20% for recreational activities. In this way, I basically allocate prudent money for investment without any complicated calculations. The expenses are very volatile, due to the volatility of inflation and the volatility of commodity prices, the pre-allocation of money (monthly salary money) seems a bit complicated for me, so I distribute the money differently which gives me more benefits.

[Proty]

There is nothing wrong if someone decides to start investing in bitcoin with a small amount. Most of the whales we are hearing today started accumulating bitcoin with a smaller amount. So we must start with a huge amount, there are people that may even have a lump sum but may choose to start small. Consistentenecy play a big role in building ones portfolio in bitcoin, if an investor is buying bitcoin consistently even with a smaller amount they can be able to stack a reasonable amount over time.

Yes, the point is, we shouldn't underestimate the small steps we take, and that includes investing in Bitcoin starting with a small amount. Having a desire to invest is a very good thing and deserves appreciation. Basically, people who have the desire to invest and start, even with a small amount, are clearly better than those who have large funds but don't invest. Because, in Bitcoin, whether we invest with a small or large amount, the core point remains the same: preserving the value of our money so it doesn't get eroded by inflation. Therefore, I really appreciate people who invest in Bitcoin, even with small amounts. Because it can be a good sign that someone truly cares about their wealth, even if it's not much. So, if you want to invest in Bitcoin, start now; there's no need to wait until you're rich before investing.

You're right. Investing in bitcoin should not be greed driven but driven by the passion to preserve the value of your money at all time. If you see it in this manner you will understand why every little investment matters. Bitcoin investment is not supposed to be something you see as a source of income which is the mistake that many folks make because it's a wrong mentality. Starting small gives you an edge in sustenance because you will have patience knowing fully well that you are saving for the future out of your small small income. But most people that start large usually have a noticeable profit on every slight market uptrend and some of such people tend to play smart with their bitcoin by selling to buy back. Some get caught up in their smartness and that is how they get trapped into becoming no coiners or even losers.

The fact that someone decided to go in all at once doesn't mean that they will end up selling whenever there account is in profit. The reason why most people prefer starting small isn't because of the fear of selling out there bitcoin before the anticipated timeline but is because they don't want to go in all at once . Therefore, they prefer to start with smaller amounts and then increase there accumulating power or size as time goes by.

[Humblevirus]

There is no perfect definition of perfect time of buying Bitcoin than whenever you have a discretionary income at your disposal, I can't say that we have are over emphasizing this because alot of people are making that mistake thinking that there is a best perfect time of buying Bitcoin and at such get caught with procrastination, this could cause missing opportunities and some may end up not buying as a result of over analyzing the market and wanting a perfect entering point. Having a basic knowledge and a discretionary one can start buying Bitcoin with the DCA without waiting for a perfect timing which is a complete waste of time.

Yes, I fully agree with you that there is no perfect time to invest in Bitcoin. The perfect time is whenever someone has discretionary funds to invest. The reason there is no perfect time is because Bitcoin is unpredictable. Nobody can actually predict the level Bitcoin will increase to or decrease to.it may be the time when someone thinks the price will decrease and drop to a certain level before buying, but in the end, the Bitcoin price may just continue increasing. This has happened to some people who wanted to wait for Bitcoin to drop to a certain price level before buying, but Bitcoin never dropped to that price. Those people missed the opportunity of investing in Bitcoin at that period, and when they later bought, it was at a much higher price.So, the best way to invest when someone thinks the price of Bitcoin may drop is by using the DCA method. The DCA method allows investors to buy Bitcoin at different price levels, as they continue to accumulate regularly, either weekly or monthly

[Bitcoin-Forever]

Many people believe that the proper time to invest in Bitcoin has not yet arrived.

This same people will still be insensitive to know when the red-time arrives for them to invest, the more we failed to realize that procrastination is what skills many when it comes to determination for an investment and this same has been happening to some potential bitcoin investors.

Whereby they always thought about investing but never made a decision to do so, as they will always find a reason for an excuse, and it is as a result of their insensitivity to know what they would have been missing out as time passed by when they are not making a decision to invest, at least, at least, DCA should be an affordable strategy for everyone in this category.

[Mr wine]

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?

dont sell a fish when not mature, no matter how panicking it is dont just jump into selling your coins be conversant with the market and how the season are and sell according to how tje market is going to favour you whether you buy or sell it should be a win win.but its good to buy and hold as many as possible coins to avoid to much loss when the price or value drops .

[Agbam]

If you are trying to make money through your investing, you are trading, not investing.

Perhaps if you can figure out ways to earn income and to support yourself from your income, then you don't have to worry about earning money from your investment until later down the road.. perhaps after a couple of cycles of investing into bitcoin.

Sir JJG I disagree with you on this one, no one going into an investment won’t have the intention of making money, everyone that is going into an investment is doing that so he or she can make profit, it could be immediately or in the future but the main goal is to make profit, so saying if someone is trying to make money through his or her investment is a trader is wrong, if you know and you are 100% sure that bitcoin won’t give you profit in the future why did you invest in bitcoin? And again why did you decide not to invest in shitcoin I believe because you don’t want to waste your money and you know you may not get profit from it. So when it comes to investment profits will always be in your mind whether you like it or not however that those not mean your total focus should be on profit making your focus should be on building the investment and making it stronger the benefit of your dedication, commitment and hard work will come later.

Yeah if you have a very good source of income you won’t be bothered about your investment that those not mean you won’t think about the future profit you may get from it, the main reason why you need a good source of income and a backup funds when investing in bitcoin is so you won’t dip hands into it until you have reached an over accumulation stage.

He’s not saying that there’s no profit in investing or making money is wrong. If you had read further down you would have seen his statement afterwards. The time expectancy of the money is what makes the difference.

If you’re going into investing and you’re thinking of making profits immediately, obviously you’re not an investor but a trader. An Investor would have other plans and sources of income that can sustain him while he waits for his future dividends.

Everyone goes in for profits but the mindset and how you go about it makes the difference.

[gracreavix]

Bitcoin market is showing indication to fall a little bit, so that it could create an opportunity for those seeking an entry points for bitcoin investment, so I expect that we should be on our game and speculate to know how we could come in by taking advantage of this fall to buy more and hold.

Our lumpsum strategy should still be effective as well as the DCA pattern we are adopting, this current downtrend is an opportunity for us to buy so that we can also be an investor and not that we only constitute those that discuss about bitcoin alone without making the necessary move to invest and hold.

An investor's opportunity is never created depending on the price of BTC. The opportunity to invest in  BTC is created depending on the investor's cashflow. From the moment his discretionary income starts, he can invest. It doesn't matter whether the price is low or high. Those who invest for the long-term do not worry about the short-term price. And those who enter Bitcoin depending on this price, think of selling Bitcoin when they see a small profit or panic selling when the price drops. And it is more convenient to do DCA than lump sum. Bitcoin can be bought regularly for less money, so there is less pressure. On the other hand, it is also possible to buy Bitcoin at an average price.

Correct, opportunity in Bitcoin is more of cashflow than trying to catch the perfect price. Once someone has a steady discretionary income, it becomes easier to consistently build a position without putting unnecessary pressure on themselves.
And yeah, DCA really makes it even more practical because it removes the emotional part of trying to time the market. And not sitting there thinking whether price is too high or too low.

[BluebloodCXVI]

Bitcoin market is showing indication to fall a little bit, so that it could create an opportunity for those seeking an entry points for bitcoin investment, so I expect that we should be on our game and speculate to know how we could come in by taking advantage of this fall to buy more and hold.

Our lumpsum strategy should still be effective as well as the DCA pattern we are adopting, this current downtrend is an opportunity for us to buy so that we can also be an investor and not that we only constitute those that discuss about bitcoin alone without making the necessary move to invest and hold.

I’m sorry but why are you worried about the bitcoin market price before buying and adding to your stash?. Perhaps because you’re a newbie, you’re not familiar with the disadvantages of waiting for a perfect price before buying. You need to understand that Bitcoin doesn’t operate around anybody’s individual plan or timing, it doesn’t care if you’re waiting for a dip or hoping for a pump, it does whatever the fuck it wants to do, so if you’re a long term investor with a longterm mindset, your focus should be on being in the market regardless of its current position and that’s why a strategy like DCA is there because it removes emotion and the pressure of you trying to time the market perfectly by allowing you to buy little by little.
Bottom line is that, waiting endlessly for the ideal dip can delay your progress more than it can help it, especially when the goal is long-term accumulation and holding.