Buy Buy Buy or Sell Sell Sell?

[Barikui1]

I believe we are indeed discussing the same thing, just with the different meanings of strategy. I believe that buying the dip is already a strategy for a DCAer who has kept additional funds to buy when the market falls.

I wasn't making the case that investors need to locate a different approach once you see the dip. The key is that this is pre-planned at the time of investing in order that the reserved funds could possibly be invested when the drop occurs. A investor might elect to stay invested in a small amount after a reduction and hold their remaining funds in reserve in case the market drops more.

Talking about the highlighted statement in your write up, I am not against having a reserve funds in place which you can use for anything or to invest in Bitcoin during the dip, but what I don't agree to is holding back your regular dcaing by investing only a fraction of your discretionary income and keeping a large chunk of it in your reserve and be waiting for the dip, that's as good as waiting for the dip before buying.

So that is what I disagree with, because if you have a regular fix amount you use in buying through the dca accumulating strategy consistently, that amount should not be reduced just because you want to stack the rest in your reserve funds to buy the dip when it comes, that is not different from waiting for the dip before buying, and it is an act we should desist from, if we want to accumulate a reasonable stash of Bitcoin quickly.

[sotelorene]

Of course, we should pay attention to the DCA investment method because when investing in the DCA method, we do not have to worry about the investment and we do not have to look at the market again and again about the Bitcoin market. There are many of us who will invest some amount of Bitcoin but we analyze the market in such a way to make that investment and many people cannot invest through that analysis because they are in doubt and refrain from investing, so I must say that those who want to invest should definitely choose the DCA method because the DCA method is the best method for investment and investing in the DCA method has the possibility of being successful quickly.

Analyzing the market doesn't sound like investment because an investor doesn't have any business with anything like analyzing the market because it is not what an investor should be doing instead they should endeavor to make sure their discretionary income is always active or floating with funds that will enable them to be consistent in their accumulation. I have try to imagine what would make an investor to analyze the market but I couldn't find any reason and obviously there isn't.

[Agbam]

You don't necessarily need to prepare for dip because you don't know when it will happen, people only get prepared for something they are aware of when it will happen. Personally I don't even see any reason why a person will panic during the dip knowing fully well that bitcoin is very volatile, so for me I think the reason why people panic during the dip is because their mind is not well made up to invest in bitcoin maybe they just decide to venture into Bitcoin investment due to FOMO. but as for those whose mind is well made up to invest in bitcoin, you hardly see them panic when there's a correction in the market.

I could tell from the angel you are communicating to but i think preparing for the dips should be the most important part of Bitcoin investment if i want to be truthful it is, the most important thing  is that the fact that we don't know when it will happen is exactly why will really need to be prepared big time.

One thing happens if will don't prepare our self it looks like when the dips hit hard there is going to be panicking, just like tracking down back then in those day we have seen how many people who said they are long term holders, but during 2022 bear market they sold at loss because they did not prepare their mind and they invested money they needed urgently....which you need to be prepared in two different ways which is mental preparation, and financial preparation..

Yes, that arrangements is important but I think there is one part of it that people overlook having a strategy for what to do when the dip actually comes.
 It is very easy to say we are prepared when the market is moving up but our real preparation is tested when one see his
portfolio decreasing every day by day. That's why people see preparation as more than just keeping money aside to purchase a dip,
it is also about making sure your Bitcoin investment doesn't put one under stress when the unexpected happens.

What are you guys really saying, is that what you guys really practice?.. Some of you talk about DCA and yet you still prepare for the dip like it’s a superior strategy.

If you’re investing in bitcoin, you should know it’s for the long term and there’s going to be up and down movements as it’s the nature of bitcoin, I don’t see any need preparing for it unless you’re chasing short term profits.

What an investor needs is the discretionary income and plan for a long term investment strategy.

[Perfect-World]

Yes, that arrangements is important but I think there is one part of it that people overlook having a strategy for what to do when the dip actually comes.
 It is very easy to say we are prepared when the market is moving up but our real preparation is tested when one see his
portfolio decreasing every day by day. That's why people see preparation as more than just keeping money aside to purchase a dip,
it is also about making sure your Bitcoin investment doesn't put one under stress when the unexpected happens.

What fucking preparation for the Dip are you talking about huh? Are you in anyway insinuating that guy's should save up enough money in preparation for the Dip so that they can buy while neglecting there weekly or monthly continuous and consistent DCA buys? What are we preparing for the Dip for? Is buying the DiP a superior strategy compared to the DCA strategy?

The only preparations that I think is necessary is ensuring to build up your back up funds so that when emergencies shows up, you won't be tempted to tap from your portfolio in sorting such unexpected occurrence. Dip can happen any time, and when it happens, folks who have extra funds reserved can buy from the Dip while they are still committed to an ongoingly DCA purchase, because the Dip does not always last forever. Setting more money aside for the sole reason of buying the DiP while neglecting a consistent DCAing is a wrong investment approach and should be abhorred.

[Finebone]

. Setting more money aside for the sole reason of buying the DiP while neglecting a consistent DCAing is a wrong investment approach and should be abhorred.

Agreed mate. This is not different from waiting for the dip before buying, and as such, you are going to miss a lot of buying opportunities, because you might not even buy when the dip final comes, since you might think that the price may go deeper.

Those that are already or very close to their over accumulation status have the leverage of waiting for the dip before buying, but you sees those newbies or those that are still far off their over accumulation status, it is a very big mistake if such persons is keeping money aside with the hope of buying the dip, that's a very big mistake that will delay his Bitcoin accumulation.

[hedgeh0g]

Yes, that arrangements is important but I think there is one part of it that people overlook having a strategy for what to do when the dip actually comes.
 It is very easy to say we are prepared when the market is moving up but our real preparation is tested when one see his
portfolio decreasing every day by day. That's why people see preparation as more than just keeping money aside to purchase a dip,
it is also about making sure your Bitcoin investment doesn't put one under stress when the unexpected happens.

Dude, you shouldn’t even think about where the Bitcoin price is right now - whether it’s at the lows or the highs. Because all these concepts are very abstract, and what seems like the top of the price today might turn out to be the bottom tomorrow, and vice versa. You’ll never guess this, so you need to turn off your analytical desire to come up with something based on lines and candlesticks and just stick to a strategy that’s as simple as a mechanism for buying parts of Bitcoin.
The DCA strategy completely frees you from worry and the need to try to predict anything, because: why is there no person who can give you 100% profitable trading signals? Because there isn’t a single person who knows where the price of Bitcoin will go tomorrow.
Just buy according to your schedule.

[Crakryptvest]

It is not impossible to lose control when the price of Bitcoin falls, if you do not invest with the remaining money and invest with the money you need and it is not impossible to panic, if you invest, it is wise to use that money for the long term so that your future does not stop without money, you do not need experience in everything to invest in Bitcoin, only long-term planning and financial stability are very important to invest here, money management is the most important thing in investing because it makes it possible for you to move forward in the long term and take advantage of the opportunities at hand without stopping.

Some folks invest big, because they saw Mr B investing so, but what the didn't remember to put into consideration is if, the amount Mr B used to invest is his discreationary income or not, Bitcoin investment is not competition, the reason why investor are encouraged to invest with there discretionary income is for there mind to settled even if there's serious price drop, they won't panic because they invested with funds they can afford or will not be using for anything.
The first step for a beginner is to figure out their discretionary income to invest in Bitcoin, once that's done, investing in Bitcoin becomes easy, infact our basic needs should be handled first, the left over can be used to invest in Bitcoin, doing it inappropriately is what lead to premature decisions due to panic when the market faces price correction.

[Sulegzy39]

Knowing how to prepare for a price reduction entails more than simply planning to purchase more if the cost drops. Bitcoin could have a significant correction or slump. While the risk may appear manageable during an increase, the true test is maintaining judgement and mental stability when the price falls dramatically. If somebody performs DCA on a regular basis, it should be in line with their financial standing and goals.

Jumping into a market with a huge sum of money just because the price has dropped does not indicate preparation. Proper planning does not mean predicting a price decline, but rather making sure your financial plan remains intact even when the price reduces.If the amount invested falls within your spare funds and there was a separate strategy for unforeseen circumstances, the pressure to modify choices due to market swings is substantially lessened. And it is easy to resist making mistakes like buying quickly due to fear of a downturn or spending extra cash on emotion just because the dip is occurring again.

[Umulala-alala]

. Setting more money aside for the sole reason of buying the DiP while neglecting a consistent DCAing is a wrong investment approach and should be abhorred.

Agreed mate. This is not different from waiting for the dip before buying, and as such, you are going to miss a lot of buying opportunities, because you might not even buy when the dip final comes, since you might think that the price may go deeper.

Those that are already or very close to their over accumulation status have the leverage of waiting for the dip before buying, but you sees those newbies or those that are still far off their over accumulation status, it is a very big mistake if such persons is keeping money aside with the hope of buying the dip, that's a very big mistake that will delay his Bitcoin accumulation.

An investor who hasn't reached his over accumulation phase shouldn't be waiting for the price of bitcoin is dip before they can buy, it will really put there investment on a pause without growing their bitcoin portfolio if they continue with it, and secondly nobody knows when the dip will come.

An investor that is just getting started should accumulate bitcoin consistently and persistently using the dca strategy, the dca strategy eliminate waiting for the dip since an investor is expected to buy regularly when ever their discretionary income is set and hodl for 4-10 years this way they are going to growing enough bitcoin stack .

[Cyber_warrior]

Knowing how to prepare for a price reduction entails more than simply planning to purchase more if the cost drops. Bitcoin could have a significant correction or slump. While the risk may appear manageable during an increase, the true test is maintaining judgement and mental stability when the price falls dramatically. If somebody performs DCA on a regular basis, it should be in line with their financial standing and goals.

Jumping into a market with a huge sum of money just because the price has dropped does not indicate preparation. Proper planning does not mean predicting a price decline, but rather making sure your financial plan remains intact even when the price reduces.If the amount invested falls within your spare funds and there was a separate strategy for unforeseen circumstances, the pressure to modify choices due to market swings is substantially lessened. And it is easy to resist making mistakes like buying quickly due to fear of a downturn or spending extra cash on emotion just because the dip is occurring again.

It is often said in this thread that buying the Dip is not the best for both newbies and those that are already investing in bitcoin. When investing in bitcoin it best to use the DCA strategy, but in a case where a person have a huge sum of money and it a discretionary fund, then if he choose to put all into buying bitcoin, I don’t see anything wrong with that, so long it with discretionary income.

Don’t mistake what I’m saying, DCA still remains the best to invest with, but if their is huge available discretionary funds to invest with, then a person can use that as a lump sum and accumulate as much as he can, n it because there is a dip but because of the huge discretionary income that comes in.

[Ashawowo(OS)]

The only preparations that I think is necessary is ensuring to build up your back up funds so that when emergencies shows up, you won't be tempted to tap from your portfolio in sorting such unexpected occurrence.

You don't necessarily need to build up backup funds before starting your bitcoin investment journey, the first thing to be done is start buying bitcoin. It is good to start as soon as you can identify that you have discretionary income present. There is no need stacking funds to protect a bitcoin portfolio that is not in existence. It can be seen as unnecessarily delaying your investment journey while you could've started buying and holding bitcoin and getting further ahead in your investment journey.

If you don't have backup funds prior to getting into bitcoin, you can start buying and build your backup funds alongside buying and holding bitcoin. You can divide your discretionary income into 3 places. use the first part to buy bitcoin, the second part for building backup funds and the third part for your discretionary consumption.

[letteredhub]

I could tell from the angel you are communicating to but i think preparing for the dips should be the most important part of Bitcoin investment if i want to be truthful it is, the most important thing  is that the fact that we don't know when it will happen is exactly why will really need to be prepared big time.

One thing happens if will don't prepare our self it looks like when the dips hit hard there is going to be panicking, just like tracking down back then in those day we have seen how many people who said they are long term holders, but during 2022 bear market they sold at loss because they did not prepare their mind and they invested money they needed urgently....which you need to be prepared in two different ways which is mental preparation, and financial preparation..

If you're investing in bitcoin for a long extended period of years then you don't need any preparation for the dip, all you need to do is to periodically accumulate your bitcoin portfolio systematically using the DCA method with your discretionary funds.

Preparing for the dip is one wrong information for newbies who maybe wanting to invest in bitcoin, but just needed to start but however got misleaded by an idea of waiting for the dip for bitcoin price to fall cheap. But experience has shown that guys who decides to wait for the dip end at not buying bitcoin at all because they get taken unaware with price reversing up when they were waiting for a further fall, something a bitcoin investor shouldn't be doing.

[samadam007]

Knowing how to prepare for a price reduction entails more than simply planning to purchase more if the cost drops. Bitcoin could have a significant correction or slump. While the risk may appear manageable during an increase, the true test is maintaining judgement and mental stability when the price falls dramatically. If somebody performs DCA on a regular basis, it should be in line with their financial standing and goals.

Jumping into a market with a huge sum of money just because the price has dropped does not indicate preparation. Proper planning does not mean predicting a price decline, but rather making sure your financial plan remains intact even when the price reduces.If the amount invested falls within your spare funds and there was a separate strategy for unforeseen circumstances, the pressure to modify choices due to market swings is substantially lessened. And it is easy to resist making mistakes like buying quickly due to fear of a downturn or spending extra cash on emotion just because the dip is occurring again.

It is often said in this thread that buying the Dip is not the best for both newbies and those that are already investing in bitcoin. When investing in bitcoin it best to use the DCA strategy, but in a case where a person have a huge sum of money and it a discretionary fund, then if he choose to put all into buying bitcoin, I don’t see anything wrong with that, so long it with discretionary income.

Don’t mistake what I’m saying, DCA still remains the best to invest with, but if their is huge available discretionary funds to invest with, then a person can use that as a lump sum and accumulate as much as he can, n it because there is a dip but because of the huge discretionary income that comes in.

So you really want people to use all their available discretionary income to buy Bitcoin? No backup funds in ground at all? What plan do they have for building it? If you are going to hype lump sum investing, atleast give them the full picture. Don't just tell them to put the whole lump sum into Bitcoin. Explain what they should do about having a financial cushion. What happens if they put everything into Bitcoin and then emergency comes up?

[Ruttoshi]

An investor buying bitcoin with DCA constantly won’t have enough funds for lump sum not while in DCA, DCA doesn’t actually includes a single funds alone if you have forgotten, it includes our discretionary income which comprises of our emergency funds, backup funds and reserve funds too so respectively I don’t see where the investor would see any huge funds again for lump sum unless they come across an extra cash just as the OP said earlier and lump sum and buying the dips differs and they need at least some solid amount of cash.

You can still mix lump sum with your ongoing DCA and it's not necessary that you must use a big amount of money to lump sum. You can use small amount of money to lump sum and it's called lump sum because you are buying right away. For example, if you are given money as gift or at work to motivate you like a bonus, you can use part of that money to lump sum or all of it while, your DCA is ongoing.

Your backup funds are built from part of your discretionary income and there will be a time that you will build them up to the right amount just like after building your emergency funds of three months of your monthly expenses. After building your reserve funds, you will have to focus more on building your bitcoin investment by increasing your DCA amount.

[Rockson1]

Analyzing the market doesn't sound like investment because an investor doesn't have any business with anything like analyzing the market because it is not what an investor should be doing instead they should endeavor to make sure their discretionary income is always active or floating with funds that will enable them to be consistent in their accumulation. I have try to imagine what would make an investor to analyze the market but I couldn't find any reason and obviously there isn't.

When you hear such words or come across it, it only mean one thing, which is trading, some people will not seize to amaze me, of what need is it, to analyze something we know that we can not predict it's price.
Traders are those who does this and with all there analysis, yet they lose, I see no reason for an investor to get himself hyper by analyzing the market, will analyzing the market change Bitcoin from being unstable, or will it change it from being a volatile asset, the concepts of Bitcoin remains as we know it, would it not be better if we pay more attention to buying the little we can, than subjecting ourselves to unnecessary stress.

[MorganaX]

Analyzing the market doesn't sound like investment because an investor doesn't have any business with anything like analyzing the market because it is not what an investor should be doing instead they should endeavor to make sure their discretionary income is always active or floating with funds that will enable them to be consistent in their accumulation. I have try to imagine what would make an investor to analyze the market but I couldn't find any reason and obviously there isn't.

When you hear such words or come across it, it only mean one thing, which is trading, some people will not seize to amaze me, of what need is it, to analyze something we know that we can not predict it's price.
Traders are those who does this and with all there analysis, yet they lose, I see no reason for an investor to get himself hyper by analyzing the market, will analyzing the market change Bitcoin from being unstable, or will it change it from being a volatile asset, the concepts of Bitcoin remains as we know it, would it not be better if we pay more attention to buying the little we can, than subjecting ourselves to unnecessary stress.

I get your point, but can't watching the market fall under the same category? I mean an investor can still simply watch the market just incase their is an open opportunity for him to buy aggressively with his investment although this is my own context of what I actually how I want to interpret the market analysis that is being talked about.

[Nwaswago]

Analyzing the market doesn't sound like investment because an investor doesn't have any business with anything like analyzing the market because it is not what an investor should be doing instead they should endeavor to make sure their discretionary income is always active or floating with funds that will enable them to be consistent in their accumulation. I have try to imagine what would make an investor to analyze the market but I couldn't find any reason and obviously there isn't.

When you hear such words or come across it, it only mean one thing, which is trading, some people will not seize to amaze me, of what need is it, to analyze something we know that we can not predict it's price.
Traders are those who does this and with all there analysis, yet they lose, I see no reason for an investor to get himself hyper by analyzing the market, will analyzing the market change Bitcoin from being unstable, or will it change it from being a volatile asset, the concepts of Bitcoin remains as we know it, would it not be better if we pay more attention to buying the little we can, than subjecting ourselves to unnecessary stress.

I get your point, but can't watching the market fall under the same category? I mean an investor can still simply watch the market just incase their is an open opportunity for him to buy aggressively with his investment although this is my own context of what I actually how I want to interpret the market analysis that is being talked about.

I think market analysis depends on what you're trying to achieve with it. If you're studying charts to predict every move and time every entry, that can easily turn into trading. But an investor can also monitor the market simply to understand the broader trend and identify opportunities without changing their long-term strategy,For example, keeping a regular DCA plan while having a small portion of available funds reserved for significant corrections gives you both consistency and flexibility. You don't have to predict the bottom; you just need a plan for what you'll do if the market drops. So I wouldn't say investors should completely ignore the market. The key is to observe without becoming emotionally controlled by every price movement.

[Homemade-IQ]

So you really want people to use all their available discretionary income to buy Bitcoin? No backup funds in ground at all? What plan do they have for building it? If you are going to hype lump sum investing, atleast give them the full picture. Don't just tell them to put the whole lump sum into Bitcoin. Explain what they should do about having a financial cushion. What happens if they put everything into Bitcoin and then emergency comes up?

Once you invest in bitcoin without no emergency funds, you are actually gambling with your entire Bitcoin portfolio because in the end when emergency situation comes, you are going to sell your Bitcoin investment even when you don't want to, so if an investor want to invest in Bitcoin from his discretionary income, he have to invest like 50% of his discretionary income, keep like 20% for emergency funds, 20% for reserve funds and the remaining 10% for consumption.
That way his investment will be secured from any emergency that came up in the future.

[Obulis]

I could tell from the angel you are communicating to but i think preparing for the dips should be the most important part of Bitcoin investment if i want to be truthful it is, the most important thing  is that the fact that we don't know when it will happen is exactly why will really need to be prepared big time.

One thing happens if will don't prepare our self it looks like when the dips hit hard there is going to be panicking, just like tracking down back then in those day we have seen how many people who said they are long term holders, but during 2022 bear market they sold at loss because they did not prepare their mind and they invested money they needed urgently....which you need to be prepared in two different ways which is mental preparation, and financial preparation..

How do you mean preparing for the dip should be the most important part of bitcoin investment, your statement seems to be messing with my head, please don’t get newbies confused, however I disagree with your statement, I think you should only prepare yourself financially by buying bitcoin more consistently by having a discretionary income and using the DCA techniques, why would you be preparing for the dip when you can buy bitcoin through the DCA consistently and you don’t know when the dip is going to happen, I’m wondering why you think it’s just very important for you to be waiting and preparing for the dip when you can keep buying more, how about you’ve bought bitcoin before you get this dip what do you do, oh I guess you will be well prepared enough to take the opportunity the market have given you, why do you have to panic when the dip comes, there is no reason to panic, as long as you’re buying and holding bitcoin consistently, you don’t have to be prepared to buying the dip when you can just be buying bitcoin always.

Exactly, why would you even say such a thing, definitely it going to mislead newbies and even exciting members. When it comes to bitcoin accumulation, Waiting for the Dip is not right, instead use the DCA and start you accumulation, no matter little it might be, it better than sitting and waiting for the Dip. For someone that is new into Bitcoin investment, when you encourage them to wait for the Dip, it would only waste their time and prolong their starting of their investment.

Newbies who are encouraged or advised to buy the dip whose Bitcoin accumulation starting time is just delayed are even lucky because the encouragement or advice to buy the dip can become a total discouragement. While waiting for these perfect buying time, something can come up that may warrant them using up this funds because Bitcoin investment through waiting for the dip will look not real to them and so discouraging. A newbie doesn't need this encouragement that can turn to discouragement.

[Big Dirams]

So you really want people to use all their available discretionary income to buy Bitcoin? No backup funds in ground at all? What plan do they have for building it? If you are going to hype lump sum investing, atleast give them the full picture. Don't just tell them to put the whole lump sum into Bitcoin. Explain what they should do about having a financial cushion. What happens if they put everything into Bitcoin and then emergency comes up?

Once you invest in bitcoin without no emergency funds, you are actually gambling with your entire Bitcoin portfolio because in the end when emergency situation comes, you are going to sell your Bitcoin investment even when you don't want to, so if an investor want to invest in Bitcoin from his discretionary income, he have to invest like 50% of his discretionary income, keep like 20% for emergency funds, 20% for reserve funds and the remaining 10% for consumption.
That way his investment will be secured from any emergency that came up in the future.

In a situation where by we want to start our investment in bitcoin and we have just our discretionary income which isn’t enough for both the emergency funds and reserve funds what should the investor do?
In situations like that since there isn’t availability for an emergency funds that shouldn’t stop us from investing in bitcoin, as long as we have our discretionary income then we can buy bitcoin and start without an emergency funds but as soon as we buy our main priority should be focusing on an alternative for an emergency funds so our investment wouldn’t be  at risk, no time to waste or find an emergency funds when we have a discretionary income already. We can start right away

Newbies who are encouraged or advised to buy the dip whose Bitcoin accumulation starting time is just delayed are even lucky because the encouragement or advice to buy the dip can become a total discouragement. While waiting for these perfect buying time, something can come up that may warrant them using up this funds because Bitcoin investment through waiting for the dip will look not real to them and so discouraging. A newbie doesn't need this encouragement that can turn to discouragement.

How does waiting for the dips serves as an encouragement to new investors.
There isn’t anything like buying at the perfect time and waiting for the dips is just a form of delay and procrastination which that isn’t a good idea. Every time is perfect to buy bitcoin either at lows or highs, so far the aim is on the future and long term growth then we can buy at anytime with DCA but buying the dips doesn’t serves as an encouragement instead it delaying.