Buy Buy Buy or Sell Sell Sell?

[Umulala-alala]

That's right, and this is what I mean. I say that because we have to think about ourselves as individuals so we don't hinder our basic goal, which is to start investing by accumulating Bitcoin when the price is favorable for us namely a market decline.

That is buy the dip strategy waiting for the market to decline before buying isn't good for you as a new investor or those who hasn't gotten to goal point that's there over accumulation point, as an investor who wants to grow a good amount of portfolio shouldn't be waiting for the dip before buying BTC accumulation should be done consistently using the dca strategy where you can be buying BTC either every weeks or months and hodl for long, it's traders who waits for a decline in price of bitcoin before buying so they could target when there will be a small in profit to take little profit which you can't still predict if the price will increase and decline more.
Buy bitcoin regularly if you have your discretionary income available and hodl for 4-10 or more not only when the price of bitcoin is has drop.

[SPIDERMAN008]

Waiting for the dip before buying bitcoin is a terrible decision to make which is absolutely ridiculous considering that you can always buy bitcoin on a regular basis, I have been investing in bitcoin for quite sometime now, I have never appreciated the waiting game, I’m more interested in buying bitcoin on a regular basis, at a more sustainable price which is very well known by me, other investors who would mostly prefer buying the dip I don’t really see them as bitcoin investors, instead I feel they’re not investors they’re individuals who are mostly interested in quick and sudden profits because they would eventually want to sell their bitcoin.

There is no need to mention those who wait for the dip to buy without thinking about investing for a long time. They are not investors, they are traders. They make investment decisions by looking at the short-term price movement and waiting for the price to fall. Those who wait for the price to fall and do not invest, even if they buy Bitcoin, will sell it when the price increases a little in the short term. They cannot wait for long-term profit. My opinion is very clear that those who wait for the price of Bitcoin to fall are developed with a trading mentality from the beginning. They cannot hodl for a long time. They should not be mentioned as investors.

[Zackz5000]

Waiting for the dip before buying bitcoin is a terrible decision to make which is absolutely ridiculous considering that you can always buy bitcoin on a regular basis, I have been investing in bitcoin for quite sometime now, I have never appreciated the waiting game, I’m more interested in buying bitcoin on a regular basis, at a more sustainable price which is very well known by me, other investors who would mostly prefer buying the dip I don’t really see them as bitcoin investors, instead I feel they’re not investors they’re individuals who are mostly interested in quick and sudden profits because they would eventually want to sell their bitcoin.

Buying regularly is indeed an effective strategy, but I think we can't blame investors who want to buy Bitcoin and wait for the price to drop because, in my opinion, that's also very profitable especially if they accumulate a large amount of Bitcoin like what's happening now when the market price is undergoing a deep correction. So of course, it would be very profitable if someone buys a lot at once. 
And aiming for instant profits is definitely a big mistake because to get the maximum benefit from investing in Bitcoin, we really need to be able to hold onto it for a long time.

One of the effective way of accumulating is the DCA strategy because you don't have to wait for the price to drop before you can start accumulating Bitcoin. Such people who waits for the price to drop even when they have an available discretionary income to get started immediately will blame themselves when they miss out not accumulating Bitcoin when the opportunity was there, while waiting for a drop in price the price might be increasing and at the time you can't accumulate Bitcoin again and become a no coiner because they planed for a Dip before they can get started, again even if the price drop it may not still be to their satisfactory price they may be waiting for more drop and it keep appreciating in price, something volatile can't be predicted so accumulate quickly when there is a discretionary income and hodl for a long time and stop focusing on quick profit making.

[Gallar]

This technique is based on emotional separation and market timing. When an investor begins to wait for a price drop before investing, he loses consistency in his activities and can no longer be deemed to be using the dollar cost averaging strategy. In fact, when such acts commence, they can only be attributed to a trader, not an investor.

Consistency is one of the DCA strategy's primary benefits. Because an investor spends the same amount of money in assets regardless of whether the price rises or falls, there is no need to be concerned about making the appropriate option. Consistency is precisely how the buying price is averaged over time. Everyone wants to be able to invest at a reduced price, but the power of this method resides in its constancy.

Yes, besides consistency, we must also remember the capital we use to invest in Bitcoin. Because fundamentally, the long-term sustainability of an investment is clearly the main factor that must be addressed, namely our cash flow. So, we shouldn't invest with money other than discretionary funds. Because essentially, that would be a ticking time bomb that we wouldn't anticipate. In essence, it could ruin our Bitcoin investment. So, I agree with you that consistency is one of the factors that can make someone successful when investing in Bitcoin.

But fundamentally, we shouldn't damage our cash flow or use non-discretionary funds just to pursue consistent accumulation. Because fundamentally, that's clearly unhealthy. So, my advice is that if we have discretionary funds, we don't need to think too much, just buy Bitcoin directly, even if it's not yet there, just accumulate it. Because, fundamentally, it's simpler and more reassuring, I think. Because, fundamentally, investing in Bitcoin is about holding it long-term, which I think can be a bit difficult. Therefore, to make it feel a little easier, we need to be more selective with the funds we use. And it will certainly feel better.

[Renampun]

I don't think it right to just wait for a dip when you are using DCA strategy, which really dies not care about the price, but it's more concentrated on buy bitcoin consistently and holding it for a long time. We should also understand that why accumulating bitcoin via the DCA strategy, their are also times that there will be dip in price, so I see that as an opportunity to accumulate more, but that does not change the fact that you are still accumulating bitcoin,  but rather is an opportunity to accumulate more bases on the dip in price.

Yes, DCA does not require waiting for a dip to buy, that is not the idea of ​​DCA, but rather buying regardless of market conditions and doing so consistently, that is the essence of the DCA strategy.. because the goal is to avoid trying to guess the best time to buy and to keep buying consistently in the long run. if someone waits for a dip just to buy, that is not DCA, because the buying decision has started to depend on market conditions, but rather a buying the dip strategy, and that requires the ability to determine when the price is considered low enough to buy.. something that is not always easy to do consistently.

[Crakryptvest]

Yes, DCA does not require waiting for a dip to buy, that is not the idea of ​​DCA, but rather buying regardless of market conditions and doing so consistently, that is the essence of the DCA strategy.. because the goal is to avoid trying to guess the best time to buy and to keep buying consistently in the long run. if someone waits for a dip just to buy, that is not DCA, because the buying decision has started to depend on market conditions, but rather a buying the dip strategy, and that requires the ability to determine when the price is considered low enough to buy.. something that is not always easy to do consistently.

The greater part of individual problems in Bitcoin investment is their failure to constantly ask questions on what they don't know, anyone that thinks that DCA has to with waiting for the dip, such person should then ask himself why is the DCA strategy called and efficient method of investing in Bitcoin, the DCA method is a Bitcoin investment strategy that makes the acumulation easy for investors because you can only consistently use your discreationary income to invest irrespective of the market condition at anytime, it doesn't have a fixed period to buy or will I say fixed market price rather all you need as an invest is what can afford daily, weekly or monthly to invest and hodl for a long-term.

[reagansimms]

I don't think it right to just wait for a dip when you are using DCA strategy, which really dies not care about the price, but it's more concentrated on buy bitcoin consistently and holding it for a long time. We should also understand that why accumulating bitcoin via the DCA strategy, their are also times that there will be dip in price, so I see that as an opportunity to accumulate more, but that does not change the fact that you are still accumulating bitcoin,  but rather is an opportunity to accumulate more bases on the dip in price.

Yes, DCA does not require waiting for a dip to buy, that is not the idea of ​​DCA, but rather buying regardless of market conditions and doing so consistently, that is the essence of the DCA strategy.. because the goal is to avoid trying to guess the best time to buy and to keep buying consistently in the long run. if someone waits for a dip just to buy, that is not DCA, because the buying decision has started to depend on market conditions, but rather a buying the dip strategy, and that requires the ability to determine when the price is considered low enough to buy.. something that is not always easy to do consistently.

Exactly, what you just explained is the pure essence of the DCA strategy. The essence of the DCA strategy is to free investors from stress because they do not need to waste time predicting the market or guessing when prices will reach their lowest point. DCA also makes investors disciplined in investing and prevents them from making decisions based on panic when prices fall or greed when prices soar.
Actually, waiting for the price to fall (buy the dip) is fine, but it is a Lump-Sum or Value Averaging strategy that requires detailed technical analysis, time, and a very strong mentality. When investors try to time the market, they will lose the basic principle of DCA itself.

[Saltysugar99]

I don't think it right to just wait for a dip when you are using DCA strategy, which really dies not care about the price, but it's more concentrated on buy bitcoin consistently and holding it for a long time. We should also understand that why accumulating bitcoin via the DCA strategy, their are also times that there will be dip in price, so I see that as an opportunity to accumulate more, but that does not change the fact that you are still accumulating bitcoin,  but rather is an opportunity to accumulate more bases on the dip in price.

Yes, DCA does not require waiting for a dip to buy, that is not the idea of ​​DCA, but rather buying regardless of market conditions and doing so consistently, that is the essence of the DCA strategy.. because the goal is to avoid trying to guess the best time to buy and to keep buying consistently in the long run. if someone waits for a dip just to buy, that is not DCA, because the buying decision has started to depend on market conditions, but rather a buying the dip strategy, and that requires the ability to determine when the price is considered low enough to buy.. something that is not always easy to do consistently.

I agree with you that waiting for dca and dip bin is not a thing, especially the dca strategy is the most convenient way to invest in bitcoin. It protects long-term investors from the uncertain wait of buying bitcoin at a low price. Because those who wait for the price of bitcoin to fall are not the right investors. The main idea of ​​the strategy is to buy bitcoin regularly according to their cash flow without looking at the short-term price fluctuations. A person should invest in bitcoin regularly on a weekly or monthly basis with a long-term holding mind set through the dca method. Many people wait to buy when the price of Bitcoin is low. It is certainly good if you can buy when the price of Bitcoin is low. But if you wait on this uncertain issue and do not invest in Bitcoin from the beginning, then both time and opportunity will be wasted. And there is no way to say when the perfect DIP will come. Because today the price may seem a little low, but if the price drops even more in the future, you will regret buying at this price. Therefore, the best and most logical way to buy Bitcoin regularly with a small amount is DCA, especially in the accumulation stage.

[Comeacross]

Exactly, what you just explained is the pure essence of the DCA strategy. The essence of the DCA strategy is to free investors from stress because they do not need to waste time predicting the market or guessing when prices will reach their lowest point. DCA also makes investors disciplined in investing and prevents them from making decisions based on panic when prices fall or greed when prices soar.
Actually, waiting for the price to fall (buy the dip) is fine, but it is a Lump-Sum or Value Averaging strategy that requires detailed technical analysis, time, and a very strong mentality. When investors try to time the market, they will lose the basic principle of DCA itself.

Lump sum beat DCA in term of profit but only if you time the market perfectly and that's where problem usually comes because it's hard to time market accurately most of the time. So it's better to DCA consistently than trying to time market that failed most of the time. DCA gives you peace of mind because you don't rush to buy (FOMO) or panic selling when price decline. It's like automation bot that buys when price pump or dump. The moment you start waiting for a specific price, you're not longer doing DCA, you're now a market timer. There is nothing wrong timing the market but the problem is you may miss while waiting for dips that never come at the right time or freeze when the dip actually hits.

[Moreno233]

I agree with you that waiting for dca and dip bin is not a thing, especially the dca strategy is the most convenient way to invest in bitcoin.

I think you are mixing things up and mistaken the DCA method for something else. What we discourage people from doing is to waiting for price to fall before they buy but that is not the same thing as the DCA method which you suggested that people should not wait for. DCA method is a continuous process of buying Bitcoin at a regular interval be it weekly, monthly or any interval that is convenient for the investor. It also has its waiting time but the difference is that you know when you will make your next purchase and irrespective of the price, the order will be executed. There is no chance of an investor missing to buy in the DCA method due to price not dropping which is the major challenge with buying the dip. So, people are encouraged to lean towards the DCA method.

[Agathamay]

Waiting for the dip before buying bitcoin is a terrible decision to make which is absolutely ridiculous considering that you can always buy bitcoin on a regular basis, I have been investing in bitcoin for quite sometime now, I have never appreciated the waiting game, I’m more interested in buying bitcoin on a regular basis, at a more sustainable price which is very well known by me, other investors who would mostly prefer buying the dip I don’t really see them as bitcoin investors, instead I feel they’re not investors they’re individuals who are mostly interested in quick and sudden profits because they would eventually want to sell their bitcoin.

And do you think periodically buying already qualifies you as a holder?
Do you also remember that, the true fate of holders aren't tasted during the bull but the bear market and simply because you DCA doesn't even mean that others who have to wait for the dip aren't investors or holder and that doesn't also mean that, because thy have to wait for th dip before they buy that they would sell easily or less of an investor.

Regardless of which ever strategy we choose to use, I think the major goal is to be able to have some bitcoin in your portfolio and be able to ride with the tides and make profits.

People also make some mistakes or confuse long term holding because just like you, your post simply implies that people should hold forever which isn't right as even before holding, the investor ought to have a goal that are chasing and the moment they reach their goal, whatever they choose to do with their coin even if it mean continuing with the holder should make them feel guilty.

[Halifat]

I don't think it right to just wait for a dip when you are using DCA strategy, which really dies not care about the price, but it's more concentrated on buy bitcoin consistently and holding it for a long time. We should also understand that why accumulating bitcoin via the DCA strategy, their are also times that there will be dip in price, so I see that as an opportunity to accumulate more, but that does not change the fact that you are still accumulating bitcoin,  but rather is an opportunity to accumulate more bases on the dip in price.

Yes, DCA does not require waiting for a dip to buy, that is not the idea of ​​DCA, but rather buying regardless of market conditions and doing so consistently, that is the essence of the DCA strategy.. because the goal is to avoid trying to guess the best time to buy and to keep buying consistently in the long run. if someone waits for a dip just to buy, that is not DCA, because the buying decision has started to depend on market conditions, but rather a buying the dip strategy, and that requires the ability to determine when the price is considered low enough to buy.. something that is not always easy to do consistently.

A lot of people that follow the strategy usually regret at the end because it's very difficult to predict when it will happen, and also it allows someone not to concentrate in terms of accumulating Bitcoin which is why I see it as a very wrong strategy, I actually agree with you if you are waiting for the dip definitely they are not practicing DCA strategy because what this strategy does is to allow you accumulate Bitcoin comfortably without even looking at the price whether it is low or high. The people that wait for the dip before they start investing actually lose focus because it actually look frustrating, you will be eager to get the exact time when the dip occur and that is when they lose the opportunity.

[Muba20]

I don't think it right to just wait for a dip when you are using DCA strategy, which really dies not care about the price, but it's more concentrated on buy bitcoin consistently and holding it for a long time. We should also understand that why accumulating bitcoin via the DCA strategy, their are also times that there will be dip in price, so I see that as an opportunity to accumulate more, but that does not change the fact that you are still accumulating bitcoin,  but rather is an opportunity to accumulate more bases on the dip in price.

Yes, DCA does not require waiting for a dip to buy, that is not the idea of ​​DCA, but rather buying regardless of market conditions and doing so consistently, that is the essence of the DCA strategy.. because the goal is to avoid trying to guess the best time to buy and to keep buying consistently in the long run. if someone waits for a dip just to buy, that is not DCA, because the buying decision has started to depend on market conditions, but rather a buying the dip strategy, and that requires the ability to determine when the price is considered low enough to buy.. something that is not always easy to do consistently.

Newbies don’t need to worry about price and can just focus on building their holdings. Whether it’s $100 per week, $10 per week, or whatever. It can take 4-10 years or more to build their Bitcoin holdings.

Of course, some new investors come to Bitcoin as their first investment. Others may come to Bitcoin when they already have other investments that they may or may not decide to transfer to Bitcoin.

Bitcoin investing is not just about buying Bitcoin, but also about building cashflow management. Personal psychology is likely to be stronger if we try to establish good systems and build and strengthen those systems. That could be buying Bitcoin continuously in our preparation phase and building and strengthening our cashflow management practices. Which could include building a supportive fund. We can build our Bitcoin investments and supportive funds at the same time. If we have discretionary funds which is a prerequisite for Bitcoin investment.

[GIF-JOBS]

It's contradictory to me when you focus on DCA but wait for a price drop. That indirectly combines 2 ways of buying instead of focusing on DCA because I think for DCA everyone knows that we don't just buy without taking into account the existing price so there is no need for us to wait for a decline if you really want to make DCA your main purchase.

Unless you want to buy dip then waiting is considered appropriate but if you want to do DCA I think why do we wait too long for dip prices.

I don't think it right to just wait for a dip when you are using DCA strategy, which really dies not care about the price, but it's more concentrated on buy bitcoin consistently and holding it for a long time. We should also understand that why accumulating bitcoin via the DCA strategy, their are also times that there will be dip in price, so I see that as an opportunity to accumulate more, but that does not change the fact that you are still accumulating bitcoin,  but rather is an opportunity to accumulate more bases on the dip in price.

DCA is not a strategy that waits for dips before buying.. The whole idea is consistency, accumulating Bitcoin regularly regardless of the price..

And like you said, when a dip happens, it then becomes an added opportunity to accumulate more, but it does not change the main goal, which is steady long term accumulation..

The main point of DCA is to invest consistently, so that you don't have to worry about any price when buying Bitcoin, it is recommended to invest using the DCA method. No matter what level the market is at now, you just have to buy consistently for the purpose of average price. Consistency gives us the maximum advantage in all cases, when the market goes down, more Bitcoin can be bought for the same amount,  and thus the price of Bitcoin keeps going up as soon as it fluctuates, and the higher it goes, the more your profit will increase. So DCA is not about creating investments through market control, rather a strategy that building a portfolio on a avarage price over time.

[Hardyrobust]

Waiting for the dip before buying bitcoin is a terrible decision to make which is absolutely ridiculous considering that you can always buy bitcoin on a regular basis, I have been investing in bitcoin for quite sometime now, I have never appreciated the waiting game, I’m more interested in buying bitcoin on a regular basis, at a more sustainable price which is very well known by me, other investors who would mostly prefer buying the dip I don’t really see them as bitcoin investors, instead I feel they’re not investors they’re individuals who are mostly interested in quick and sudden profits because they would eventually want to sell their bitcoin.

Buying regularly is indeed an effective strategy, but I think we can't blame investors who want to buy Bitcoin and wait for the price to drop because, in my opinion, that's also very profitable especially if they accumulate a large amount of Bitcoin like what's happening now when the market price is undergoing a deep correction. So of course, it would be very profitable if someone buys a lot at once. 
And aiming for instant profits is definitely a big mistake because to get the maximum benefit from investing in Bitcoin, we really need to be able to hold onto it for a long time.

One of the effective way of accumulating is the DCA strategy because you don't have to wait for the price to drop before you can start accumulating Bitcoin. Such people who waits for the price to drop even when they have an available discretionary income to get started immediately will blame themselves when they miss out not accumulating Bitcoin when the opportunity was there, while waiting for a drop in price the price might be increasing and at the time you can't accumulate Bitcoin again and become a no coiner because they planed for a Dip before they can get started, again even if the price drop it may not still be to their satisfactory price they may be waiting for more drop and it keep appreciating in price, something volatile can't be predicted so accumulate quickly when there is a discretionary income and hodl for a long time and stop focusing on quick profit making.

The DCA strategy happens to be the most suitable method for buying bitcoin especially for those that are still new to bitcoin investment. Those that have low discretionary income may be finding it difficult to lump sum, so with the DCA strategy it becomes possible for them to start investing using any amount of discretionary income that they may have available. Also the stress of always trying to time the market to get a perfect entry point isn't there with the DCA strategy. An investor can buy bitcoin at any price without having to wait for a price decline before buying. For this , the DCA strategy should be recommended to all beginners and those that may like to start out small.

[Stormisover]

Exactly, what you just explained is the pure essence of the DCA strategy. The essence of the DCA strategy is to free investors from stress because they do not need to waste time predicting the market or guessing when prices will reach their lowest point. DCA also makes investors disciplined in investing and prevents them from making decisions based on panic when prices fall or greed when prices soar.
Actually, waiting for the price to fall (buy the dip) is fine, but it is a Lump-Sum or Value Averaging strategy that requires detailed technical analysis, time, and a very strong mentality. When investors try to time the market, they will lose the basic principle of DCA itself.

Lump sum beat DCA in term of profit but only if you time the market perfectly and that's where problem usually comes because it's hard to time market accurately most of the time. So it's better to DCA consistently than trying to time market that failed most of the time. DCA gives you peace of mind because you don't rush to buy (FOMO) or panic selling when price decline. It's like automation bot that buys when price pump or dump. The moment you start waiting for a specific price, you're not longer doing DCA, you're now a market timer. There is nothing wrong timing the market but the problem is you may miss while waiting for dips that never come at the right time or freeze when the dip actually hits.

Your last statement is conflicting infact it sounds contradictory. You said there is nothing wrong timing the market? What about the problem of missing opportunities while waiting for dip that may or may not not come? For a volatile asset everything is wrong timing the market and you have to say it boldly so that others especially the newbies can really understand this that the market is not your friend when you are trying to time it, with DCA you already on time in the market without timing it.

[NewRevelation]

Also the stress of always trying to time the market to get a perfect entry point isn't there with the DCA strategy. An investor can buy bitcoin at any price without having to wait for a price decline before buying. For this , the DCA strategy should be recommended to all beginners and those that may like to start out small.

While the DCA serves as the best strategy for beginners to begin there accumulation process in Bitcoin investment,  it also serves and still remains the best for me even for any kind of investor or there level. You know, while you accumulate Bitcoin gradually and/consistently,  it doesn't stop you from buying from the DIP, or buying a lump sum if you have the financial ability to do that, or you have saved up some extra cash for such buys. So, wether we are able to combine the Dip and the DCA, or the DCA and lump sum, whichever way, the DCA remains the best and easy to go strategy to accumulate Bitcoin and investors must know rhis

[GeorgeJohn]

I agree with you that waiting for dca and dip bin is not a thing, especially the dca strategy is the most convenient way to invest in bitcoin.

I think you are mixing things up and mistaken the DCA method for something else. What we discourage people from doing is to waiting for price to fall before they buy but that is not the same thing as the DCA method which you suggested that people should not wait for. DCA method is a continuous process of buying Bitcoin at a regular interval be it weekly, monthly or any interval that is convenient for the investor. It also has its waiting time but the difference is that you know when you will make your next purchase and irrespective of the price, the order will be executed. There is no chance of an investor missing to buy in the DCA method due to price not dropping which is the major challenge with buying the dip. So, people are encouraged to lean towards the DCA method.

You have hits the nails at the head, most of the investors do mistaken DCA with when the price of Bitcoin is low...And if you read most of the replies you can notice that almost 75% of people who discussed Bitcoin and it's time of investment, have different suggestions of when to invest on bitcoin...DCA simply mean what you can invest at the moment, like a fixed amount you wish to invest at the moment in bitcoin or any other cryptocurrencies..but people contradict DCA and when the price of Bitcoin is low...

[ASloveapg]

I don't think it right to just wait for a dip when you are using DCA strategy, which really dies not care about the price, but it's more concentrated on buy bitcoin consistently and holding it for a long time. We should also understand that why accumulating bitcoin via the DCA strategy, their are also times that there will be dip in price, so I see that as an opportunity to accumulate more, but that does not change the fact that you are still accumulating bitcoin,  but rather is an opportunity to accumulate more bases on the dip in price.

Yes, DCA does not require waiting for a dip to buy, that is not the idea of ​​DCA, but rather buying regardless of market conditions and doing so consistently, that is the essence of the DCA strategy.. because the goal is to avoid trying to guess the best time to buy and to keep buying consistently in the long run. if someone waits for a dip just to buy, that is not DCA, because the buying decision has started to depend on market conditions, but rather a buying the dip strategy, and that requires the ability to determine when the price is considered low enough to buy.. something that is not always easy to do consistently.

Buying continuously means keeping the price stable and protecting your Bitcoin holdings. So that you can prepare for the price of Bitcoin to rise. But there is no real way to know whether the price of BTC will rise or fall or stay the same. When people claim with high confidence that they know where the price of BTC will eventually go. Anyone who gets the chance will want to buy Bitcoin at a low price.

But those who have been accumulating and investing in Bitcoin for the long term, such as 4-10 years or more, probably realize that it is more valuable to accumulate Bitcoin continuously than to try to guess the price of Bitcoin or assume that the price is more likely to fall than it is. In that sense, there is value in just buying, no matter what the price is.

If a person is constantly, consistently, endlessly, regularly and perhaps even aggressively buying Bitcoin, then whenever he buys BTC, his Bitcoin holdings will continue to grow, and perhaps every month he will show that his Bitcoin balance is higher than the previous month. This can happen month after month and then after several years they will see that their Bitcoin holdings have increased quite dramatically. While there is no guarantee that the price of BTC will increase or decrease, as long as they have been successful in continuously buying Bitcoins they will have the certainty that in the future they will have accumulated much more Bitcoin and probably more Bitcoin than they ever imagined possible. If a person reaches this stage after 4-6 years, he can evaluate whether he should continue to follow the same or similar ongoing Bitcoin accumulation strategy, or whether he should make some changes to his Bitcoin accumulation strategy based on his current situation.

At some point, individuals reach a point where they focus less on accumulation and more on maintenance. At even later stages, they may feel that they have enough or more Bitcoin than they need and that they no longer need to accumulate new Bitcoins. It can take quite some time to reach these different stages. And continuing to buy Bitcoin helps to increase their Bitcoin holdings.

[Dreadboost]

That's right, and this is what I mean. I say that because we have to think about ourselves as individuals so we don't hinder our basic goal, which is to start investing by accumulating Bitcoin when the price is favorable for us namely a market decline.

I don't think waiting for a dip in price is a good strategy for those that are trying to accumulate bitcoin for a long term, because why waiting for a dip in price can make you lose opportunity to accumulate bitcoin. We also have to realize that sometimes the dip does not come, rather it keeps increasing,  so if you had accumulated when you should have, you should be in profit. Waiting for a dip in price will.be better for those that have already achieved their target in the accumulation of bitcoin, then it's okay for you to wait for a dip before purchasing.