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.

[cocadalcan]

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.

Your strategy for accumulation Bitcoin seems most reasonable to me. But I would like to add one more thing, that is, instead of dividing the discretionary income in two equal parts, I would allocate 80% for DCA and keep the remaining 20% ​​in cash. Or you can have another plan, which is 70% for Bitcoin, 20% in cash and 10% for additional expenses. You can organize your funds in this way only if you have an emergency fund available. Not everyone's financial capacity is the same, so you can adjust the percentages of discretionary income according to your convenience.

[Charcol]

Thank you for your valuable comment. In my previous comment by 'running out of emergency fund' I basically meant that newbies make this mistake out of emotion, which puts them in great danger. You are absolutely right emergency fund is life-saving money, buying dips with it is gambling. On the other hand, reserve fund is a completely separate cash that we keep aside only for big opportunities. The real smartness is to keep DCA active and buy dips only with reserve fund.

So you will prefer to keep money idle all in the name of reserve funds just because you want to buy a dip when you could actively be using that money to continuously do DCA or lump sum in your investment?
In as much as this sounds like a good idea, there’s a downside to it and the downside is the opportunity cost. When you keep money idle for too long, you will be missing out on the potential returns that money could have given you if it was put to work. So i feel like this idea sacrifices compounding time for optionality. Now wether this is a smart idea or not totally depends on wether you can actually deploy that cash properly and not with emotions and also wether the market even gives you enough dips to justify your decision of keeping idle funds for long.

You should not forget that people keep reserve funds so that they can take advantage of the fall in prices. As long as they can afford to continue DCA regularly, there is nothing wrong with keeping reserve funds aside. You should understand that just because the reserve funds are not injected into the market, it does not become waste. Just like we do not put emergency funds into the market because it protects us from being forced to sell, from selling out of fear. Similarly, if someone has a high discretionary income and he takes advantage of DIP by creating a reserve fund while continuing DCA regularly, then it may not be a bad idea. Rather, the mistake will be when he stops DCA or regular buying and just sits waiting for DIP. Because no one is sure when DIP will come or if it will come at all.

[IceLincoln]

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.

What you’re describing and what I said are two different things. When you receive a large sum of money like a bonus, or returns from another investment or just won a lottery or someone just gifted you some money. These can be expected or unexpected and you have an ongoing DCA accumulation, when this money comes and you buy immediately that’s lump sum buying.
I understand what you’re saying, the investor can also decide to divide the money into portions to buy immediately, add to his DCA or wait for a dip.
My point is that lump-sum investing and buying the dip are different concepts just like JJG said previously. Lump sum refers to how the money is deployed (all at once), while buying the dip refers to the timing of the market for a perfect entry. It’s an investor’s choice to buy immediately or later. The two are related but they’re not the same strategy.

[Bryan jessy]

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.

The aim of dip is generally for people to be able to buy as much Bitcoin as they can, it is just a period where people get to purchase more and store, but I noticed some persons make others who are waiting or praying for dip look some sort of incapable, everyone has a choice to decide which period is conducive for them to buy Bitcoin and add to the one they already have, if you have so much money and able to buy at any price that is amazing it is a blessing, but those who does not have money or are not financially sound but still want to invest some Bitcoin it's amazing step,  with the little they have they still try to have some Bitcoin in their possession. We must not have all the Bitcoin in the world but it is okay to at least have as much as we can purchase and keep growing over time.

[Bigjoe33]

The aim of dip is generally for people to be able to buy as much Bitcoin as they can, it is just a period where people get to purchase more and store, but I noticed some persons make others who are waiting or praying for dip look some sort of incapable, everyone has a choice to decide which period is conducive for them to buy Bitcoin and add to the one they already have, if you have so much money and able to buy at any price that is amazing it is a blessing, but those who does not have money or are not financially sound but still want to invest some Bitcoin it's amazing step,  with the little they have they still try to have some Bitcoin in their possession. We must not have all the Bitcoin in the world but it is okay to at least have as much as we can purchase and keep growing over time.

I don't agree with this. People don't only buy enough Bitcoin during the Dip period. You can buy Bitcoin as much as you can afford anytime so long as you have a Discretionary income available. People can actually do what they like with there investments, but it's best one keeps regular accumulation of Bitcoin with the DCA strategy instead of waiting for the Dip before you begin to buy. As you said, even though you don't have much money, you don't have to wait till Dip, you can buy bit by bit using the DCA. This helps you accumulate Bitcoin gradually and slowly build your portfolio.

[Tongley]

The aim of dip is generally for people to be able to buy as much Bitcoin as they can, it is just a period where people get to purchase more and store, but I noticed some persons make others who are waiting or praying for dip look some sort of incapable, everyone has a choice to decide which period is conducive for them to buy Bitcoin and add to the one they already have, if you have so much money and able to buy at any price that is amazing it is a blessing, but those who does not have money or are not financially sound but still want to invest some Bitcoin it's amazing step,  with the little they have they still try to have some Bitcoin in their possession. We must not have all the Bitcoin in the world but it is okay to at least have as much as we can purchase and keep growing over time.

Reading your comment, it seems that Bitcoin has become centralized from decentralized. Because you say that the main purpose of the price drop is to buy as much Bitcoin as possible. No one can say when the price will drop in the market and no one ever knows. Waiting to invest during the price drop is not the right decision at all. If a person waits for the drop, he may keep waiting and may never be able to start investing. Because many times the market decline is not as expected and when the market drops to our target, many are afraid to invest.

However, everyone has the right to make their own decision but each person should also understand how good the decision they are taking will be for them and whether there is a better method than this. It is better to continue buying following the DCA method than waiting for the drop. You do not have to wait for the drop, the average purchase price helps you buy, you can buy at any time, etc. The DCA method provides many advantages.

[NewRevelation]

The aim of dip is generally for people to be able to buy as much Bitcoin as they can, it is just a period where people get to purchase more and store, but I noticed some persons make others who are waiting or praying for dip look some sort of incapable[/b], everyone has a choice to decide which period is conducive for them to buy Bitcoin and add to the one they already have, if you have so much money and able to buy at any price that is amazing it is a blessing, but those who does not have money or are not financially sound but still want to invest some Bitcoin it's amazing step,  with the little they have they still try to have some Bitcoin in their possession. We must not have all the Bitcoin in the world but it is okay to at least have as much as we can purchase and keep growing over time.

It is a very wrong investment approach for any investor to be waiting and/or praying for the Dip to come so that they can buy Bitcoin. Why wait for the Dip pray for the Dip? Aren't there other strategies to buy Bitcoin? What about the DCA, why bit gradually buy Bitcoin using the DCA from your available discretionary income?

Infact, the DCA strategy has has become the most effective and very easy way to accumulate Bitcoin gradually within your means. Waiting for the Dip before you buy Bitcoin is just a pure waste of time and procrastination, of course, you don't know when that will happen, and so, you may end up not buying because it may not come, hence, it is best you forget about waiting or praying for the Dip to come, instead, start buying Bitcoin using the DCA strategy with the little discretionary you have available.

[samadam007]

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 sound very sure that a dip will come and that investors will get a better buying opportunity. How do you know that? Can you tell us when the dip will happen and how deep it will be? If not, why base an investment strategy on something nobody can predict? The problem with this your advice is it encourages investors to hold cash on assumption that a dip will eventually come. What if the market keeps moving higher? What if the dip happens at a price that still higher than today's price? Then what was the benefit of waiting?

Instead of keeping money aside and hoping for a future dip, it more sensible to increase your regular DCA amount if you have extra discretionary income available…. This way, you're consistently accumulating without relying on market predictions.

[Tonimez]

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 sound very sure that a dip will come and that investors will get a better buying opportunity. How do you know that? Can you tell us when the dip will happen and how deep it will be? If not, why base an investment strategy on something nobody can predict? The problem with this your advice is it encourages investors to hold cash on assumption that a dip will eventually come. What if the market keeps moving higher? What if the dip happens at a price that still higher than today's price? Then what was the benefit of waiting?

Instead of keeping money aside and hoping for a future dip, it more sensible to increase your regular DCA amount if you have extra discretionary income available…. This way, you're consistently accumulating without relying on market predictions.

Waiting has never been an option for a true bitcoin investor but I still don't know why some people still think they can be waiting for their imaginary dips. If we're so sure of the dip that will happen the next moment, then why even start buying bitcoin now? The goal is buying as at when you have your available discretionary income and and not when you think bitcoin has met your individual choice price. You should be careful not to waste your buying opportunities because if you wait for dips, there are chances that you're currently at the bottom price right now but refused to invest. There's also chances that you may not be able to hold such cash until when that dip happens because you don't know how long it will take to get to your desired price. Many people have missed so many opportunities because they are waiting for the right time without knowing that the right time is whenever you have your available discretionary income.

The idea of sharing money into parts is also difficult to handle except for accumulating your emergency funds and  backup funds. I must point out that it is not wrong to have a reserved funds (specially for buying dips or aggressive buys) but it should not affect your regular DCA approach. You can buy bitcoin and still accumulate your reserved funds with which you can buy the dips.