Road to 100k?

[SuperBitMan]

Imagine if an average earner wants to get involved in Bitcoin and prefers to trade instead of purchasing and holding through his DCA plans, what will be your advise? clearly he has more vulnerability of losing than earning. Anyone starting his Bitcoin journey should consider every possible options of investing and holding instead of trading, aside new investors, it is more profitable holding due to certain scenario's that can lead to loses if trading is prefered.

If an investor wants to get involved in bitcoin investing and trading instead of buying bitcoin continuously through DCA then my advice is to invest instead of trading. Had the person understood the difference between trading and investing, he might have opted for investing. Trading involves high risk, moreover you must acquire a lot of skills and have a lot of market analysis ability to get success from trading. On the other hand if you start investing with DCA strategy then you can start with little knowledge which will increase with time. This method is also applicable for inexperienced investors.

Most people get success from investing because investing is long-term. So I think being an investor is better than being a trader. The few big bitcoin holders in the world so far are investors, not traders. They have been able to achieve such success by investing in Bitcoin regularly.

Bitcoin investment has different strategy some people choose to use the DCA strategy, lump sum strategy, trading strategy and buy in the dip strategy etc. Everyone that got involved in Bitcoin investment used one of this strategies to start and some later changed to a more suitable strategy to them, the most important thing as Bitcoin investor's is for us to be active in forums like this so we can get ideas about other strategies and the experience of people who are already involved in it, this may help us get into a more better strategy for example when I started Bitcoin investment I was involved in buying in the dip only but when I joined this forum and became very active I saw ideas of other strategy and people's testimony in those strategies so I decided to abandon the dip strategy and go for the DCA strategy which has been very helpful in the growth of my Bitcoin accumulation journey.
What so ever strategy you are using if you feel is okay for you no problem you can continue with it but I will advise you get knowledge about other strategy how it works and function, that way it will help you decide if truly continuing  with the first strategy is okay or you need to change.
Forcing a strategy on someone may not yield anything good in there life, is better we educate them about every strategy and let them make there decisions that way they will do it with passion.

You are right AirtelBuzz involving one's self in long term Bitcoin investment is always much better reason being that Bitcoin is a highly volatile but that those not stop it from growing but it takes time, so if you are involve in long term Bitcoin investment you don't need to panic about it volatile nature.

[MainIbem]

Bitcoin investment has different strategy some people choose to use the DCA strategy, lump sum strategy, trading strategy and buy in the dip strategy etc. Everyone that got involved in Bitcoin investment used one of this strategies to start and some later changed to a more suitable strategy to them, the most important thing as Bitcoin investor's is for us to be active in forums like this so we can get ideas about other strategies and the experience of people who are already involved in it, this may help us get into a more better strategy for example when I started Bitcoin investment I was involved in buying in the dip only but when I joined this forum and became very active I saw ideas of other strategy and people's testimony in those strategies so I decided to abandon the dip strategy and go for the DCA strategy which has been very helpful in the growth of my Bitcoin accumulation journey.
What so ever strategy you are using if you feel is okay for you no problem you can continue with it but I will advise you get knowledge about other strategy how it works and function, that way it will help you decide if truly continuing  with the first strategy is okay or you need to change.
Forcing a strategy on someone may not yield anything good in there life, is better we educate them about every strategy and let them make there decisions that way they will do it with passion.

You are right AirtelBuzz involving one's self in long term Bitcoin investment is always much better reason being that Bitcoin is a highly volatile but that those not stop it from growing but it takes time, so if you are involve in long term Bitcoin investment you don't need to panic about it volatile nature.

Even though I try to agree to every other things you've just stated I'm not going to agree that people should use the trading and buy dip strategy to accumulate Bitcoin as an investor, especially trading. One of the things you should be able to figure out is a good strategy that would help build your portfolio and trading is never one of them, it's risk factors are very high and could cause more lose than gain to an investor moreover Bitcoin invest requires long-term goals while trading does not. However why I don't support the buy dip strategy is because while an investor is waiting for a dip to occur, the investor never can tell how much they've acquired because what if it takes long for a dip to happen, that's why I think the DCA is the best strategy anyone can use to build their portfolio cause investors are given the opportunity to buy during both the dip and when their's upsurge and so far they've got a stable income to buy continuously at certain intervals then the dip won't be an issue cause the DCA would help them recover lose overtime. If you're talking about involving in a long-term Bitcoin investment then their are some strategies you should even think of especially (trading) due to the very high risk factors involved in it.

[SuperBitMan]

Bitcoin investment has different strategy some people choose to use the DCA strategy, lump sum strategy, trading strategy and buy in the dip strategy etc. Everyone that got involved in Bitcoin investment used one of this strategies to start and some later changed to a more suitable strategy to them, the most important thing as Bitcoin investor's is for us to be active in forums like this so we can get ideas about other strategies and the experience of people who are already involved in it, this may help us get into a more better strategy for example when I started Bitcoin investment I was involved in buying in the dip only but when I joined this forum and became very active I saw ideas of other strategy and people's testimony in those strategies so I decided to abandon the dip strategy and go for the DCA strategy which has been very helpful in the growth of my Bitcoin accumulation journey.
What so ever strategy you are using if you feel is okay for you no problem you can continue with it but I will advise you get knowledge about other strategy how it works and function, that way it will help you decide if truly continuing  with the first strategy is okay or you need to change.
Forcing a strategy on someone may not yield anything good in there life, is better we educate them about every strategy and let them make there decisions that way they will do it with passion.

You are right AirtelBuzz involving one's self in long term Bitcoin investment is always much better reason being that Bitcoin is a highly volatile but that those not stop it from growing but it takes time, so if you are involve in long term Bitcoin investment you don't need to panic about it volatile nature.

Even though I try to agree to every other things you've just stated I'm not going to agree that people should use the trading and buy dip strategy to accumulate Bitcoin as an investor, especially trading. One of the things you should be able to figure out is a good strategy that would help build your portfolio and trading is never one of them, it's risk factors are very high and could cause more lose than gain to an investor moreover Bitcoin invest requires long-term goals while trading does not. However why I don't support the buy dip strategy is because while an investor is waiting for a dip to occur, the investor never can tell how much they've acquired because what if it takes long for a dip to happen, that's why I think the DCA is the best strategy anyone can use to build their portfolio cause investors are given the opportunity to buy during both the dip and when their's upsurge and so far they've got a stable income to buy continuously at certain intervals then the dip won't be an issue cause the DCA would help them recover lose overtime. If you're talking about involving in a long-term Bitcoin investment then their are some strategies you should even think of especially (trading) due to the very high risk factors involved in it.

MainIbem please don't quote me wrong try reading through very well and understand my point I hate when someone quote me wrong if you read through my writing you won't see were I advised people to get involve in buying in the dip or trading, everyone who started Bitcoin investment started with one strategy or the other my advice was for people to get involve in forums like this where they discuss about Bitcoin investment strategies and try to see if there's a better option than the one they started with, I even gave example of by self that I started with buying in the dip strategy and when I join the forum and stared following up discussions here I found a better strategy option which is DCA strategy and that is what I'm using now which have been helpful to my accumulation journey.
And the reason why I gave this advice is because one can't force someone on a strategy to follow but if they read about other strategies and the experience of people on those strategies they may be more convince on the strategy to use or follow and they will do it with passion because they made such decision by there selves.

[Kelward]

Imagine if an average earner wants to get involved in Bitcoin and prefers to trade instead of purchasing and holding through his DCA plans, what will be your advise? clearly he has more vulnerability of losing than earning. Anyone starting his Bitcoin journey should consider every possible options of investing and holding instead of trading, aside new investors, it is more profitable holding due to certain scenario's that can lead to loses if trading is prefered.

If an investor wants to get involved in bitcoin investing and trading instead of buying bitcoin continuously through DCA then my advice is to invest instead of trading. Had the person understood the difference between trading and investing, he might have opted for investing. Trading involves high risk, moreover you must acquire a lot of skills and have a lot of market analysis ability to get success from trading. On the other hand if you start investing with DCA strategy then you can start with little knowledge which will increase with time. This method is also applicable for inexperienced investors.

Most people get success from investing because investing is long-term. So I think being an investor is better than being a trader. The few big bitcoin holders in the world so far are investors, not traders. They have been able to achieve such success by investing in Bitcoin regularly.

For the average person that wants to venture into Bitcoin as a business and doesn't have much technical knowledge about cryptocurrency, it's always better to go into investment. Due to the volatile nature of cryptocurrency it makes trading to be risky and without diligently learning the technical and fundamental analysis it'll become gambling. Bitcoin invest is quite easy to start, it basically requires you to understand it's circles and how to secure your wallet from scams and hacks. DCA method is highly recommend, especially for income earners to grow their investment capital and increase their ROI on the long term.

[Ruttoshi]

Imagine if an average earner wants to get involved in Bitcoin and prefers to trade instead of purchasing and holding through his DCA plans, what will be your advise? clearly he has more vulnerability of losing than earning. Anyone starting his Bitcoin journey should consider every possible options of investing and holding instead of trading, aside new investors, it is more profitable holding due to certain scenario's that can lead to loses if trading is prefered.

If an investor wants to get involved in bitcoin investing and trading instead of buying bitcoin continuously through DCA then my advice is to invest instead of trading. Had the person understood the difference between trading and investing, he might have opted for investing. Trading involves high risk, moreover you must acquire a lot of skills and have a lot of market analysis ability to get success from trading. On the other hand if you start investing with DCA strategy then you can start with little knowledge which will increase with time. This method is also applicable for inexperienced investors.

the reason why a lot of people most expecially the new ones starts off thier Bitcoin journey as traders is because that's what most of them are exposed to and a lot of them don't know that they don't have to buy a chunk of Bitcoin at a time. Some feel Bitcoin investment is not for the new cormers or the supposedly poor person and that's why they just prefer to trade with the little dollar they have hoping to double it and use it to solve most of thier immediate needs. It's an understandable situation but with the right knowledge, it's easy to go past that level and go on to investing using the right approach.

For some of us, it is because we came to know about the DCA methord that it became easy for us to start small even though our finacial capacity isn't strong yet and I think if some of these traders gets to know the advantage of not selling their Bitcoin too soon just because they are in slight profit, they will come to fall in love with accumilating Bitcoin and Doing so for the long term

I think that traders are short sighted on the importance of seeing bitcoin more of an investment than trading it, because they fail to think out of the box to see beyond today what the price of bitcoin could reach in future due to the fact that they feel they can outsmart the market and make good profits in a short time. In the long run, they will run at lost because no one can outsmart a volatile market. Traders don't plan for the future but they claim they are in profit and wiser than investors, some will claim that they have made more profits than long-term hodlers. They make noise everywhere to lure people into trading so that you think that they are benefitting a lot but traders are regular losers to the market.

It is just like a petty trader who started selling, and whatever profit she makes from each item, she eats it up and only go to the market with her original capital, such business will not grow and it is like she is living from hand to mouth of which she is not. She will run at loss someday and the business will depreciate and gradually might fail, because assuming she goes to the market with only her capital and due to inflation, the price of commodities increased, she will be limited to buy all that she wanted and that will reduce the size of her goods. This is how traders are.

On the other hand, if this petty trader has the zeal to expand and grow her business to be big in future, she decides not to eat her profits but rather use it to buy more goods to add to the business, she will have the opportunity to increase her profits overtime if she continues that way for a very long time. After many years, she will definitely own a big business. This is how bitcoin investment is, so new investors should focus and aim higher for the future by investing and increasing their bitcoin stash frequently every week till they reach their bitcoin target in the long run. A bigger bitcoin portfolio should be the target and not a small one.

[Sim_card]

Bitcoin investment has different strategy some people choose to use the DCA strategy, lump sum strategy, trading strategy and buy in the dip strategy etc.

I disagree with you that trading is a bitcoin accumulation strategy. Trading is not good for anyone to think he can use to increase his bitcoin portfolio because you will run at loss and depreciate your portfolio going against your mission of increasing your bitcoin portfolio overtime. The price of bitcoin is unpredictable and that will make you get scared and sell all your bitcoin if there is a huge dip that last for long. Trading is gambling and the odd of running at loss is very high.

Accumulation means increasing and I don't see how you can increase your portfolio to a reasonable size if you are not buying bitcoin with DCA method or lump sum, sound strange. A new investor should use DCA method and buy every week regularly without missing anyone for 4-10 years and above. If he has extra cash, he can lump sum right away in order to increase his bitcoin size faster.

Buying the dip is not for new investors but rather for old investors whom their bitcoin size is in a certain level, maybe 60% and above of their bitcoin target. They can wait to buy in the dip, so that their bitcoin portfolio can increase significantly when they buy more at a cheaper price. If you choose the wrong method as a beginner, you might end up wasting your time that you should have use to accumulate a good amount of bitcoin and you will miss the opportunities in the market.

[SuperBitMan]

Bitcoin investment has different strategy some people choose to use the DCA strategy, lump sum strategy, trading strategy and buy in the dip strategy etc.

I disagree with you that trading is a bitcoin accumulation strategy.

I didn't say different type of accumulation strategy I said different type of Bitcoin investment strategy this two are not the same is two different thing, when we talk about Bitcoin investment trading is a form of Bitcoin investment which is also known as short term Bitcoin investment and stop quoting me wrongly I hate it read my write up very well before you quote me.

[Zackz5000]

Bitcoin investment has different strategy some people choose to use the DCA strategy, lump sum strategy, trading strategy and buy in the dip strategy etc.

As an investor it is never advisable to use to trading strategy expecially as a newbie that what to increase his Bitcoin portfolio for you may run at lost on the contrary and trading shouldn't be seen as Bitcoin accumulation strategy.

Also the buy the dip strategy because if an investor keep on waiting for Bitcoin to dip before accumulating such investor may wait till infinity if Bitcoin didn't dip and also waiting for dip is a way of missing more opportunities of accumulating Bitcoin when you can accumulate using the DCA strategy that allows you to accumulate Bitcoin irrespective of the price of Bitcoin, unless investors who has gotten to their maintance level may choose to practice buying the dip strategy because they don't need be buying frequently using the DCA strategy through their reserve fund they can as well buy the dip.

I think the recommendable strategy should be the lump sum strategy and the DCA strategy since it will help in increasing Bitcoin portfolio by buying in big size or accumulating little by little using the DCA strategy and hodl for long.

[Solokan]

Imagine if an average earner wants to get involved in Bitcoin and prefers to trade instead of purchasing and holding through his DCA plans, what will be your advise? clearly he has more vulnerability of losing than earning. Anyone starting his Bitcoin journey should consider every possible options of investing and holding instead of trading, aside new investors, it is more profitable holding due to certain scenario's that can lead to loses if trading is prefered.

If an investor wants to get involved in bitcoin investing and trading instead of buying bitcoin continuously through DCA then my advice is to invest instead of trading. Had the person understood the difference between trading and investing, he might have opted for investing. Trading involves high risk, moreover you must acquire a lot of skills and have a lot of market analysis ability to get success from trading. On the other hand if you start investing with DCA strategy then you can start with little knowledge which will increase with time. This method is also applicable for inexperienced investors.

Most people get success from investing because investing is long-term. So I think being an investor is better than being a trader. The few big bitcoin holders in the world so far are investors, not traders. They have been able to achieve such success by investing in Bitcoin regularly.

For the average person that wants to venture into Bitcoin as a business and doesn't have much technical knowledge about cryptocurrency, it's always better to go into investment. Due to the volatile nature of cryptocurrency it makes trading to be risky and without diligently learning the technical and fundamental analysis it'll become gambling. Bitcoin invest is quite easy to start, it basically requires you to understand it's circles and how to secure your wallet from scams and hacks. DCA method is highly recommend, especially for income earners to grow their investment capital and increase their ROI on the long term.

Yes, of course in this case it comes back to knowledge and indeed for people who don't have extensive knowledge in trading, it would certainly be better to invest long term in BTC. because indeed by investing in BTC for the long term, according to my experience, of course, in terms of the mentality of investing for the long term in BTC, it is certainly more secure because of course you don't have to look at the market all the time and also when there is a small decline, you are not surprised because of course BTC, even though it is fluctuates, is Of course, the price of BTC has the potential to be higher in the future.

Yes, it is true that trading BTC is certainly not easy because the price fluctuations will certainly make it difficult for some people, especially those who don't have the knowledge, to predict the right price when entering and the right time when selling. But honestly, in my opinion, it is possible to trade in BTC as long as you have large capital plus sufficient knowledge.

Yes, it is true that investing in BTC for the long term is of course very easy and using the DCA system is of course a good way. Yes, it's true that we also have to be careful when saving BTC and of course we have to know the BTC cycle and others, but what is certain is that before investing in BTC, we have to be prepared for the risks of investing in BTC and to be honest, I personally have also felt the many benefits of long-term investment in BTC. btc. But of course everyone has different desires, but of course in any case, knowledge must be prioritized and of course trading is also not a problem as long as you have extensive knowledge.

[Stablexcoin]

Both is really different since in trading you need to be more technical while for investment you need to be situational since events is good to consider towards possible outcome of the price of bitcoin.

We can really see in that matter that learning skills in trading is hard and provably can give as an headache then still chances to lose still there /since even if we learn that thing market still unpredictable and those fast changes happened could make the trader lose their trades. While investment you just need to familiarize certain helpful strategies then you are good to go for long term investment. There are lots of learnings to get thru whole process of your investment journey and for sure that this could bring more help to build up your portfolio. Although there's no strategy guarantee you a profit but if this is well executed plus you put discipline on it there great chance for you to earn something in future.

Well said ultrloa. A lot of attention is needed when we tend to trade. Tecnicallity comes with patience, timing, and calculation. This is why it's better to invest since it saves you the level of risk and amount of attention needed to make it successful. Investment needs patience, discipline, and consistent accumulation. With that being said it's up to anyone to decide if trading suits them instead of investment. However a lot of folks will probably go for investment since it saves them that emotional stress.

[CageMabok]

I disagree with you that trading is a bitcoin accumulation strategy.

I didn't say different type of accumulation strategy I said different type of Bitcoin investment strategy this two are not the same is two different thing, when we talk about Bitcoin investment trading is a form of Bitcoin investment which is also known as short term Bitcoin investment and stop quoting me wrongly I hate it read my write up very well before you quote me.

Misunderstanding the meaning of what you convey is very natural because all of us here do not have to fight about good or bad strategies because everyone will definitely use a strategy that is comfortable and not bad for themselves. I can understand what you are saying, but you also should not be emotional when someone else comments on what you say even though they may not understand what you are saying. But I personally will only distinguish between people who like to trade (although some people have called it short-term investment) and people who like to invest in Bitcoin because something like that will also make it easier for me to distinguish two different things with almost the same goal, namely seeking more profit.

[LUCKMCFLY]

I have come to understand that great wealth comes only when we store value over a period of time and hold it for decades. And that should be the same for Bitcoin, cos it is such an asset with great value.

Indeed, things are like that, when it comes to investment many things are always considered, the first is patience and the second is time, I think that many people do not have enough patience to wait for the opportunity to happen, when you talk about 10-15 years it is ideal, but the problem is that the person who is willing to invest resists all that time without using the money that he has in the investment, or rather is that the money that he has in the investment is not needed, because eventually many have the great need to use it, it is difficult, this is where a rich person has the advantage.

[sotelorene]

Bitcoin investment has different strategy some people choose to use the DCA strategy, lump sum strategy, trading strategy and buy in the dip strategy etc.

I disagree with you that trading is a bitcoin accumulation strategy.

I didn't say different type of accumulation strategy I said different type of Bitcoin investment strategy this two are not the same is two different thing, when we talk about Bitcoin investment trading is a form of Bitcoin investment which is also known as short term Bitcoin investment and stop quoting me wrongly I hate it read my write up very well before you quote me.

Dude! You are mixing two things together, I haven't heard of Bitcoin investment trading before and I don't think there's something like Bitcoin investment trading, short term investment is entirely different from trading. Short term investment can be a duration of 1 to 3 years and I don't think someone can place a trade and allow it to stay this long, that's the difference between trading and short term investment. I believe JJG have said something about this earlier before now when I was almost saying the same thing you are saying now.

[SuperBitMan]

Bitcoin investment has different strategy some people choose to use the DCA strategy, lump sum strategy, trading strategy and buy in the dip strategy etc.

I disagree with you that trading is a bitcoin accumulation strategy.

I didn't say different type of accumulation strategy I said different type of Bitcoin investment strategy this two are not the same is two different thing, when we talk about Bitcoin investment trading is a form of Bitcoin investment which is also known as short term Bitcoin investment and stop quoting me wrongly I hate it read my write up very well before you quote me.

Dude! You are mixing two things together, I haven't heard of Bitcoin investment trading before and I don't think there's something like Bitcoin investment trading, short term investment is entirely different from trading. Short term investment can be a duration of 1 to 3 years and I don't think someone can place a trade and allow it to stay this long, that's the difference between trading and short term investment. I believe JJG have said something about this earlier before now when I was almost saying the same thing you are saying now.

One can trade shitcoins and if you are trading any shitcoin you can't call yourself a Bitcoin investor however if you are trading Bitcoin you can call yourself a Bitcoin investor which is also known as a short term Bitcoin investor.
Is either you are a short term Bitcoin investor or Long term Bitcoin investor, I remember very well that JJG said Bitcoin trading and Short term investment are just the same I wish he can visit this thread and clear us on this.
And is very much possible for someone to place a trade and it last for 1 year to 3 years, some people thinks Bitcoin trading is like forex trading were you just invest and within some minutes or days you withdraw.

[Sticky Bomb]

Buying the dip is not for new investors but rather for old investors whom their bitcoin size is in a certain level, maybe 60% and above of their bitcoin target. They can wait to buy in the dip, so that their bitcoin portfolio can increase significantly when they buy more at a cheaper price. If you choose the wrong method as a beginner, you might end up wasting your time that you should have use to accumulate a good amount of bitcoin and you will miss the opportunities in the market.

What of a situation whereby a newbie enters his investment journey during a dip and has some big discretionary income available at his disposal. Are you saying he shouldn't take advantage of the dip and acquire as much as he can because he's a newbie or should he wait until after the dip tho start his accumulation journey. Of course not, he would buy as much as he can and follow up his investment with regular DCA accumulation. So the dip is for everybody, both new and old investors alike, but waiting explicitly for the dip to start your investment journey is a bad investment strategy. The dip is an advantage to buy at lower prizes and not to be totally dependent on to invest in Bitcoin.

[Barikui1]

Buying the dip is not for new investors but rather for old investors whom their bitcoin size is in a certain level, maybe 60% and above of their bitcoin target. They can wait to buy in the dip, so that their bitcoin portfolio can increase significantly when they buy more at a cheaper price. If you choose the wrong method as a beginner, you might end up wasting your time that you should have use to accumulate a good amount of bitcoin and you will miss the opportunities in the market.

What of a situation whereby a newbie enters his investment journey during a dip and has some big discretionary income available at his disposal. Are you saying he shouldn't take advantage of the dip and acquire as much as he can because he's a newbie or should he wait until after the dip tho start his accumulation journey. Of course not, he would buy as much as he can and follow up his investment with regular DCA accumulation. So the dip is for everybody, both new and old investors alike, but waiting explicitly for the dip to start your investment journey is a bad investment strategy. The dip is an advantage to buy at lower prizes and not to be totally dependent on to invest in Bitcoin.

According to the statement I made bold, to me the key thing here is regardless of a newbie or not, it's best he invest only what he can do away without, because if he buys more than what he can do away without, at a point he will still falls back to his investment, due to the fact that he use everything to buy aggressively, which is doing the right thing the wrong way.

So the  money that would funds his daily, weekly or monthly needs should never be tempered with no matter what, because it's very much important to invest only what you can do away without irrespective of how dip the price of Bitcoin goes.
Though it's a logical approach to buy aggressively during a dip, but it's very much important that you buy only with what you can do away without, so that you wouldn't temper with it in the nearest future, so in essence of what am trying to say is that in all you do as a Bitcoin investor, try not to invest all you had, including your emergency funds, so that you can have something to fall back to during the rainy days.

[DubemIfedigbo001]

Buying the dip is not for new investors but rather for old investors whom their bitcoin size is in a certain level, maybe 60% and above of their bitcoin target. They can wait to buy in the dip, so that their bitcoin portfolio can increase significantly when they buy more at a cheaper price. If you choose the wrong method as a beginner, you might end up wasting your time that you should have use to accumulate a good amount of bitcoin and you will miss the opportunities in the market.

What of a situation whereby a newbie enters his investment journey during a dip and has some big discretionary income available at his disposal. Are you saying he shouldn't take advantage of the dip and acquire as much as he can because he's a newbie or should he wait until after the dip tho start his accumulation journey. Of course not, he would buy as much as he can and follow up his investment with regular DCA accumulation. So the dip is for everybody, both new and old investors alike, but waiting explicitly for the dip to start your investment journey is a bad investment strategy. The dip is an advantage to buy at lower prizes and not to be totally dependent on to invest in Bitcoin.

According to the statement I made bold, to me the key thing here is regardless of a newbie or not, it's best he invest only what he can do away without, because if he buys more than what he can do away without, at a point he will still falls back to his investment, due to the fact that he use everything to buy aggressively, which is doing the right thing the wrong way.

So the  money that would funds his daily, weekly or monthly needs should never be tempered with no matter what, because it's very much important to invest only what you can do away without irrespective of how dip the price of Bitcoin goes.
Though it's a logical approach to buy aggressively during a dip, but it's very much important that you buy only with what you can do away without, so that you wouldn't temper with it in the nearest future, so in essence of what am trying to say is that in all you do as a Bitcoin investor, try not to invest all you had, including your emergency funds, so that you can have something to fall back to during the rainy days.

I think that guy made mention of having some real big discretionary funds available as a newbie and I think discretionary funds is that which you've left after sorting out your basic needs and which is quite different from an already stacked up emergency fund by the new investor. It's important to note that not all newbies are actually poor or struggling to survive, some are quite rich and already made, just looking for where to invest their money. So if he has such large discretionary funds available, why not him using it to invest in Bitcoin since it's his spare funds. After all Bitcoin accumulation is a very big shot for his discretionary funds to get to work for him on a long term plan instead of just leaving his spare funds stagnant.

[Cryptoprincess101]

Buying the dip is not for new investors but rather for old investors whom their bitcoin size is in a certain level, maybe 60% and above of their bitcoin target. They can wait to buy in the dip, so that their bitcoin portfolio can increase significantly when they buy more at a cheaper price. If you choose the wrong method as a beginner, you might end up wasting your time that you should have use to accumulate a good amount of bitcoin and you will miss the opportunities in the market.
 

Everyone is presented with the opportunity to buy bitcoin at a DIP price whether a new investor or an old investor so far as they have reserved funds. being new to bitcoin investment don't mean that they have a little amount to invest with because there are beginners that actually has a huge amount of money but decided to be investing part of it from time to time using the DCA strategy so will you also say that investors like that should not buy bitcoin when it DIPs simply because they are beginners?. A newbie buying bitcoin at a DIP don't mean that they would have to wait upon starting of their investment but they can still be investing and an opportunity to buy at a DIP price comes then they can buy with part of their reserved funds and still continue with their DCA amount.

[MainIbem]

MainIbem please don't quote me wrong try reading through very well and understand my point I hate when someone quote me wrong if you read through my writing you won't see were I advised people to get involve in buying in the dip or trading, everyone who started Bitcoin investment started with one strategy or the other my advice was for people to get involve in forums like this where they discuss about Bitcoin investment strategies and try to see if there's a better option than the one they started with, I even gave example of by self that I started with buying in the dip strategy and when I join the forum and stared following up discussions here I found a better strategy option which is DCA strategy and that is what I'm using now which have been helpful to my accumulation journey.
And the reason why I gave this advice is because one can't force someone on a strategy to follow but if they read about other strategies and the experience of people on those strategies they may be more convince on the strategy to use or follow and they will do it with passion because they made such decision by there selves.

Maybe, just maybe I didn't get your points clearly but although you didn't directly advised anyone in your statement to use those strategies but listing them especially trading among the different strategies in bitcoin is wrong and is enough to convince newbies who would come across your post and are ignorant of the risk factors of trading to consider trying it as a Bitcoin accumulation option. I understand that one can't force anyone to use a method whether good or bad to invest on Bitcoin but the message we pass here is very important and people can be mislead by what they read, directly or indirectly moreover trading is never a part of Bitcoin investment strategies, like I stated in my previous response to you, it's got short-term goals whereas Bitcoin involves long-term, trading should be for Alts or shitcoins and not Bitcoin.

[Agbamoni]

MainIbem please don't quote me wrong try reading through very well and understand my point I hate when someone quote me wrong if you read through my writing you won't see were I advised people to get involve in buying in the dip or trading, everyone who started Bitcoin investment started with one strategy or the other my advice was for people to get involve in forums like this where they discuss about Bitcoin investment strategies and try to see if there's a better option than the one they started with, I even gave example of by self that I started with buying in the dip strategy and when I join the forum and stared following up discussions here I found a better strategy option which is DCA strategy and that is what I'm using now which have been helpful to my accumulation journey.
And the reason why I gave this advice is because one can't force someone on a strategy to follow but if they read about other strategies and the experience of people on those strategies they may be more convince on the strategy to use or follow and they will do it with passion because they made such decision by there selves.

I believe we are all in discussion here. There is nothing wrong if someone gets to point out his view on something. If you were misquoted, stand on your ground and clear the air, but you don't have to use the hate word. As far as everyone is concerned, we are not perfect in what we say and do because we are all bound by limitations.

What I understood from the argument here is that MainIbem focused on emphasizing buying the dip and trading while the main idea you were pointing out is for people who are really interested in their bitcoin investment to engage in forums where insights and knowledge about Bitcoin investment is being seriously engaged on. For sure, what we have learnt from the forum has helped every one of us in one way or the other and I was happy to have seen that someone shared a picture of his first Bitcoin investment today. He was only able to start investing because of what he learned from that thread. People are progressing all thanks to some folks here with huge experience on Bitcoin.