Buy Buy Buy or Sell Sell Sell?

[ChocolateBitcoinK]

However, the main thing is to maintain balance. When beginners buy deep and exhaust their emergency fund or all their cash at once, that is when the danger arises. Based on your words, if cash management is right, I think combining deep buying with DCA will help a beginner grow their portfolio faster.

Investing in Bitcoin from your emergency funds should never be done no matter how dip the market goes because that is no longer an investment, but an act of gambling with your entire Bitcoin stash, because if by chance a serious emergency serious arise during that period in time such actions is taken, their is a big chance that your bitcoin stash will be the sacrificial lamb that will be used to address that emergency situation at hand, so it should never be done, no matter what.

If we must buy the dip when it finally comes, we can do it from our reserves funds, but that doesn't stop our weekly or monthly accumulation through the dca accumulating strategy.

using emergency funds to buy bitcoin during a dip is wrong approach and it only shows that the person is being impulsive and there decisions is based on market trends. The chances of this people selling at loss is also there because since they have allowed market trends to influence there decisions and act impulsively by using there emergency funds that is not meant for investing to buy bitcoin, there is every tendcy  that they can make future mistakes. Aside this there bitcoin investment isn't protected rather it will become there emergency funds when they are face with unforeseen circumstances. Therefore, it is a wrong approach for an investor to use there bitcoin in buying bitcoin during a dip.

The fear of missing out on buying the dip has landed most people in to a very bad situation that only end in regrets, it is wrong underrating the importance of emergency funds for it to be used on what it actually stands for, thinking that you can catch up with replacing it soonest can be complicated because emergency can happen at any time and without warning you, investment decisions should not be based on market trends or fear to avoid taking impulsive decisions.

People start making decisions that can definitely put them in very bad situations due to excessive greed. They start buying aggressively during the price drop due to the thought of achieving short-term success, they buy Bitcoin with the money they cannot afford to lose, they buy Bitcoin with the necessary money, thinking that Bitcoin will give them profit very soon. But due to such short-term decisions, they face very big losses. Bitcoin should be understood, Bitcoin is not for short-term success, if you invest here, you have to hold it for the long term, and we should definitely invest in Bitcoin from within such financial capacity, which we can hold for the long term in any situation.

[sotelorene]

I once used to think that when you buy at dip with a huge sum than you normally buy is lump sum. But following your outline I’ve understood it better. That moment when we come into contact with a large sum either expected or unexpected and we choose to buy outrightly that’s lump sum and not the one we do at the dip.

You can only buy with a large sum of money if that money is your discretionary income. Such large amount of money can be invested into Bitcoin in three ways. You share the money into three parts.

You use the first part to lump sum right away, use the second part to DCA and keep the last part to buy at the dip even though, you know that the dip may come or not. I prefer it this way instead of buying all at once with lump sum.

If I have such money I mean discretionary guess what I will do, I will divide the money into two and use one part for my DCA method and the other part as a reserve whenever there will be dip because it makes a lots of sense when we front load or when we are aggressive during Dip because it help us purchase a large portion. Though everyone has their method and way of approaching the market but this is what I will do personally if I have that kind of discretionary income.

[SmartCharpa]

There is nothing wrong with market timing;the concern is that you may miss out on dips that never appear or freeze when the drop does occur.

So what if the market doesn’t dip? You already said it’s not wrong to time the market, w you also understand that Bitcoin is unpredictable. Why would someone wait for the market to fall before investing? In that situation, they are not ready to invest, only trying to find a way to buy at a lower price. Timing the market is a bad idea because you will miss a lot of opportunities to buy. Nobody can tell whether Bitcoin price will reach $70k before next month. If you are buying for the long term, just focus on your accumulation.

Combining strategy can be very advantageous because it will help an investor grow or increase their portfolio so easily, just imagine someone I mean an investor who is using the DCA method and at same time front loading or been aggressive when there is Dip, the investor will grow more than someone that is just using the DCA method but it is not compulsory to combine two strategy in Bitcoin investment especially if it is not convenient for the person otherwise there will be a problem.

Having a combined strategy does not mean your portfolio will grow faster than a guy who has been buying consistently with DCA. Your consistency and how long you have been buying will determine how much your investment can grow. You may have a different strategy, thinking you are outsmarting the market, but someone who invests only with DCA may grow their investment than you if they stay consistent, and even when their budget is higher than yours, even with your combined strategies.

[Jostern]

I once used to think that when you buy at dip with a huge sum than you normally buy is lump sum. But following your outline I’ve understood it better. That moment when we come into contact with a large sum either expected or unexpected and we choose to buy outrightly that’s lump sum and not the one we do at the dip.

You can only buy with a large sum of money if that money is your discretionary income. Such large amount of money can be invested into Bitcoin in three ways. You share the money into three parts.

You use the first part to lump sum right away, use the second part to DCA and keep the last part to buy at the dip even though, you know that the dip may come or not. I prefer it this way instead of buying all at once with lump sum.

You don’t even need to mention, buying the dip, if you are someone who have a huge amount of discretionary income, you can still buy through lump sum techniques, because that is an absolute best technique to approach as someone who wants to buy small small and accumulate small small, lump sum is mostly for people who have a huge discretionary income and wants to buy bitcoin in bulk, but I’m a huge fan of the DCA and I have been buying and accumulating through the DCA and that is so much more sustainable in a long term investment, because you have to keep buying and accumulating Everytime during your weekly or monthly accumulation period, and we need something that is very manageable.

[xzone]

I once used to think that when you buy at dip with a huge sum than you normally buy is lump sum. But following your outline I’ve understood it better. That moment when we come into contact with a large sum either expected or unexpected and we choose to buy outrightly that’s lump sum and not the one we do at the dip.

You can only buy with a large sum of money if that money is your discretionary income. Such large amount of money can be invested into Bitcoin in three ways. You share the money into three parts.

You use the first part to lump sum right away, use the second part to DCA and keep the last part to buy at the dip even though, you know that the dip may come or not. I prefer it this way instead of buying all at once with lump sum.

Buying this way is much safer; you minimize the risk. You should always have one last shot, otherwise you might regret it greatly when prices suddenly drop.
In my opinion, that's the most exciting and enjoyable thing about investing. If the price goes up, you're already making money, so having one shot won't upset you. If the price goes down, you lower your cost basis, which is also a great thing

[Stable090]

When you start waiting for a specific price, you're no longer performing DCA; you're a market timer. There is nothing wrong with market timing; the concern is that you may miss out on dips that never appear or freeze when the drop does occur.

People that are always scared of the dip, that’s why they are always waiting for the dip to happen before they invest in bitcoin, they always want to catch the bottom, so that after buying the price is going to start pumping, but whenever I see someone with this kind of mentality, I always feel they are not just ready to take risk, they are not really serious to invest in bitcoin, because we should always know you can’t catch the bottom, and you can’t sell at the top.

If you are waiting for the bottom before investing, then u just going to miss out, you are not really ready to invest, because bitcoin price might not really drop to the price which you want, and even when bitcoin price drops to the level which you want, you not going to invest because you will want to it to drop more before you invest, and you just going to miss out.

[PhilosopherKing]

, I think combining deep buying with DCA will help a beginner grow their portfolio faster.

Beginners still have little bitcoin stash, so it would be so dumb if they should involve themselves in timing the market because they want to catch the dip. No person can outwit the market not even beginner, and the more person try to do that the more  time person can be wasting not doing anything. That is why beginners should just focus on their ongoing DCa so they can grow their stash and along the way they can figure other things If person wait for lower prices they may not even start buy or even if they start person may ongoingly accumulate less than they should have.

[Mate2237]

When you start waiting for a specific price, you're no longer performing DCA; you're a market timer. There is nothing wrong with market timing; the concern is that you may miss out on dips that never appear or freeze when the drop does occur.

If you are waiting for the bottom before investing, then u just going to miss out, you are not really ready to invest, because bitcoin price might not really drop to the price which you want, and even when bitcoin price drops to the level which you want, you not going to invest because you will want to it to drop more before you invest, and you just going to miss out.

I feel that anyone who is waiting for Bitcoin to reach a certain amount of price before ever investing, could be seen as a pro when it comes to Bitcoin investment and may not fully understand what investment in Bitcoin is all about. Because if such a person knows he or she will not be waiting for Bitcoin to reach certain extent before buying. There is no specific good price that is so perfect when it comes to investing. As far as you have the right strategy one can start anywhere and achieve success in Bitcoin investment.


Instead of looking out for price we should just stay committed to accumulating small small over time. Most of the people who targets the price before buying are actually people who usually buys at once with a huge capital and is not necessarily Long term accumulators which usu the DCA strategy.

[Crytohillss]

, I think combining deep buying with DCA will help a beginner grow their portfolio faster.

Beginners still have little bitcoin stash, so it would be so dumb if they should involve themselves in timing the market because they want to catch the dip. No person can outwit the market not even beginner, and the more person try to do that the more  time person can be wasting not doing anything. That is why beginners should just focus on their ongoing DCa so they can grow their stash and along the way they can figure other things If person wait for lower prices they may not even start buy or even if they start person may ongoingly accumulate less than they should have.

For most new investors trying to time the market usually create more stress than results anyone consistently understand where the exact bottom is and waiting endlessly for a better entry can cause missing opportunity altogether, a steady DCA approach helps build discipline and keeps emotions out of the process. As experience increase individuals can learn more advanced strategies but first they need to focus on accumulating and staying discipline and consistency.

[okorieemmanuel]

, I think combining deep buying with DCA will help a beginner grow their portfolio faster.

Beginners still have little bitcoin stash, so it would be so dumb if they should involve themselves in timing the market because they want to catch the dip. No person can outwit the market not even beginner, and the more person try to do that the more  time person can be wasting not doing anything. That is why beginners should just focus on their ongoing DCa so they can grow their stash and along the way they can figure other things If person wait for lower prices they may not even start buy or even if they start person may ongoingly accumulate less than they should have.

For most new investors trying to time the market usually create more stress than results anyone consistently understand where the exact bottom is and waiting endlessly for a better entry can cause missing opportunity altogether, a steady DCA approach helps build discipline and keeps emotions out of the process. As experience increase individuals can learn more advanced strategies but first they need to focus on accumulating and staying discipline and consistency.

This is true. Discipline is the key for any Bitcoin investor. If you can also be consistent, it will eventually payoff. Also you will have to manage your emotions based on GREED AND FEAR!

[Agbamoni]

I once used to think that when you buy at dip with a huge sum than you normally buy is lump sum. But following your outline I’ve understood it better. That moment when we come into contact with a large sum either expected or unexpected and we choose to buy outrightly that’s lump sum and not the one we do at the dip.

You can only buy with a large sum of money if that money is your discretionary income. Such large amount of money can be invested into Bitcoin in three ways. You share the money into three parts.

You use the first part to lump sum right away, use the second part to DCA and keep the last part to buy at the dip even though, you know that the dip may come or not. I prefer it this way instead of buying all at once with lump sum.

If I have such money I mean discretionary guess what I will do, I will divide the money into two and use one part for my DCA method and the other part as a reserve whenever there will be dip because it makes a lots of sense when we front load or when we are aggressive during Dip because it help us purchase a large portion. Though everyone has their method and way of approaching the market but this is what I will do personally if I have that kind of discretionary income.

Perhaps emergency funds have been sorted out before laying out this plan right?
I like the fact that you included accumulation in your plan but that’s not all. Discretionary income can serve for several purposes. Eventually, who am I to tell you what to do with yours. As for me, I will not buy at dip for now because I’m trying to make my portfolio strong. What I’ll do is increase the percentage for Bitcoin. The reason is to meet my goal faster.