Buy Buy Buy or Sell Sell Sell?

[Agbam]

It is true that you say that needs are part of a person's responsibility that must be fulfilled, therefore it is not advisable to allocate all income to investment even when prices are down, besides that if there are other ways that can be done but must be considered properly not to let the decisions made are taken in a hurry because the fear is that by not considering it can risk losses occurring.

Investments made certainly involve the risk of loss, and at this time this is what we do not expect but no one knows when this will happen, that's why we should use discretionary income to invest which is certainly more suitable in the long term not in the short term.

And who said it is the right approach, that's not even an investment advice, Bitcoin investment has do and don'ts like every other investment, when the price dips, if an investor has a separate savings for buying at that time it is fine, if he he wants to lump sum it is also a good idea as long as the money is available, if none of all I mentioned is available, he can also continue with the usual DCA with his discreationary income after all we are not adviced to buy out side what we are not comfortable with to avoid pulling off when we are not supposed to, it is uncalled for to invest and as a result of that put oneself on pressure.

Buying when the price drops is the right time if you have savings but this will not happen because we are unlikely to get money that is suddenly available other than the savings we have. The point is to do it according to our ability (availability of funds), therefore DCA is one of the right options to keep it running.

Apart from that, by investing, we are preparing for the future, especially for our financial well-being, hopefully this is done according to our own abilities and not forced to buy it beyond our abilities because it can make chaos happen.

Buying when price drops isn’t necessarily the right time, the right time is when you have your discretionary income available. Some investors like to think that buying at the dip is the best time but unknowingly this thinking corrupts their mindset: so Consciously and subconsciously they begin to plan for the dip, keeping some money aside in hopes of a dip. Money that could have been used to accumulate more bitcoin with their ongoing DCA.

Because the dip is a discounted price rate, some investors in a bid to take advantage of the dip might want to overplay their hand which most times results in financial crisis.
The dip tests the discipline, conviction and confidence of an investor in more ways than one.

[POPOLUV]

I totally agree with you. One of the reasons we make investment is to make profit, so when you have an opportunity like when there is a dip in price, I think it's advisable to purchase more, but it has to be with extra savings set aside for investment and as you mentioned it must not be done under pressure or you will be under intense pressure after making such investment,  but if the money is just lying some where and it's also kept aside for investment,  then it's will be an opportunity to make more profit when there is a dip in price.

If you have spend time like 2 years or more in Bitcoin investment then you can easily figure out the importance of buying Bitcoin at dip. Like I am investing in Bitcoin for quite a while now and have seen Bitcoin going up to $126,000. I have also seen Bitcoin price coming back to $60,000. Now if you are familiar with such scenario then you can easily figure out how much extra money to invest in buying Bitcoin when its taking a dip. A no coiner who is yet to invest in Bitcoin might not feel confident on going aggressive when Bitcoin is taking a dip.   

Absolutely correct. Investing during a dip is normally attributed to experience and confidence. For people who have been in the market for some time now, they have been through many downturns and upticks, thus recognizing dips as natural occurrences in the life of Bitcoin. When you know that Bitcoin had risen to a great extent after each of its drops, then it is easier for you to view a drop as an opportunity to invest.

For new investors who haven’t invested any coin in the market before, seeing Bitcoin drop after being at a high is frightening. They are afraid that the price will keep on dropping. Experience is what makes investors more confident in their investment.

Since it is not possible to know exactly when the dip will occur, not everyone can take the dip as an opportunity. There are many who buy Bitcoin when the price drops a little and think that they are buying Bitcoin at a dip, but later the price drops even more, which becomes a cause of regret. The way to get rid of this problem is to keep a long-term mindset with discretionary income and do DCA regularly weekly or monthly according to the income. As a result, it is possible to buy Bitcoin at an average price. And those who buy Bitcoin as a new account may panic when they see the price suddenly drop  this is normal. For this reason, beginners should do DCA with a small amount in the beginning, which will not put them under mental pressure.

This is the major reason why investors should consider the facts that buying and accumulating Bitcoin aggressively either weekly or monthly as your discretionary income might comes, should not be what any investors will neglect or take for granted because buying consistently will not make any investors to miss out any market opportunities or neither any investors will be afraid of buying Bitcoin when the dip finally happens, because from the initial stages of his investment, he have the long term goal in his mindset, so at such, any investors that has not reached his overaccumulation status don't have problems when the dip might happen.

[Stormisover]

It is true that you say that needs are part of a person's responsibility that must be fulfilled, therefore it is not advisable to allocate all income to investment even when prices are down, besides that if there are other ways that can be done but must be considered properly not to let the decisions made are taken in a hurry because the fear is that by not considering it can risk losses occurring.

Investments made certainly involve the risk of loss, and at this time this is what we do not expect but no one knows when this will happen, that's why we should use discretionary income to invest which is certainly more suitable in the long term not in the short term.

And who said it is the right approach, that's not even an investment advice, Bitcoin investment has do and don'ts like every other investment, when the price dips, if an investor has a separate savings for buying at that time it is fine, if he he wants to lump sum it is also a good idea as long as the money is available, if none of all I mentioned is available, he can also continue with the usual DCA with his discreationary income after all we are not adviced to buy out side what we are not comfortable with to avoid pulling off when we are not supposed to, it is uncalled for to invest and as a result of that put oneself on pressure.

Buying when the price drops is the right time if you have savings but this will not happen because we are unlikely to get money that is suddenly available other than the savings we have. The point is to do it according to our ability (availability of funds), therefore DCA is one of the right options to keep it running.

Apart from that, by investing, we are preparing for the future, especially for our financial well-being, hopefully this is done according to our own abilities and not forced to buy it beyond our abilities because it can make chaos happen.

No, buying when the price drops only add an advantage of buying Bitcoin at discount than it's other higher price, this does not make buying when the price drops the right time because anyone who allows this idea to sink in their head will always depend on waiting for a price drop before buying Bitcoin which is not the best approach, the first right was yesterday, the second right time is today because you don't know about tomorrow, whenever your discretionary income is available to buy Bitcoin is your right time as with this we talk about the DCA.

[Tonimez]

[Edited out]

No, buying when the price drops only add an advantage of buying Bitcoin at discount than it's other higher price, this does not make buying when the price drops the right time because anyone who allows this idea to sink in their head will always depend on waiting for a price drop before buying Bitcoin which is not the best approach, the first right was yesterday, the second right time is today because you don't know about tomorrow, whenever your discretionary income is available to buy Bitcoin is your right time as with this we talk about the DCA.

How long will folks realise that waiting for Dip is a total waste of time? When a folk decides to be buying during price drops, the next question becomes "when will he see as a dip? At what level of dip will he accept that it's dip enough to buy? When you analyse the possibility of those buying at dips never reaching their investment plans, you will understand that there's no point wasting such time because consistency is better than wasting all time waiting for dip. A person can also buy aggressively during dips provided he has a Discretionary income for it. Waiting makes you save in fiats which also depreciates along as you wait. Buy whenever you have an available discretionary income. If you are a salary earner, you can plan your DCA around your payment period when you can easily figure out your discretionary income to invest.

[laspol65]

No, buying when the price drops only add an advantage of buying Bitcoin at discount than it's other higher price, this does not make buying when the price drops the right time because anyone who allows this idea to sink in their head will always depend on waiting for a price drop before buying Bitcoin which is not the best approach, the first right was yesterday, the second right time is today because you don't know about tomorrow, whenever your discretionary income is available to buy Bitcoin is your right time as with this we talk about the DCA.

According to the DCA method, when we start investing in Bitcoin and can put our discretionary income to good use, the right time will be created in Bitcoin. You have money, you buy Bitcoin, you invest in Bitcoin by following the DCA method and you do not have money, start earning money again. So this cycle of buying Bitcoin according to the DCA method certainly creates an opportunity to buy Bitcoin at any moment in the right market, but those who want to buy Bitcoin one-time are basically afraid and are still waiting even after reaching the low level of the market.
All these investors can never invest, rather they just keep waiting, they themselves do not know how much the price of Bitcoin will fall before they can buy. No matter how low the price of Bitcoin is, waiting for it to fall further, the DCA method ignores all these problems and helps to buy Bitcoin at any moment. Therefore, every investor should follow the DCA method and invest in Bitcoin.