Road to 100k?

[bitzizzix]

Bitcoin is a speculative asset such that anyone can come up with whatever they like that, and you know what? That is what makes it more interesting such that while others are being skeptical about the market dynamics others are also busy maximizing and utilizing every opportunities that shows itself in the market. Surely anyone with the intention of holding for as long as necessary will never worried over price predictions, and speculations even though there is nothing wrong predicting and speculating while keep growing your asset.

Now Bitcoin can be used to buy something we want as long as there is a service that accepts Bitcoin such as in several large companies and also in shops whose owners really like Bitcoin. It can also be brought into trading on the exchange that we like and can also be stored as an investment asset because it is also very good to do, but considering the value and number of Bitcoins which are very limited, of course storing more after buying on the market will be much better than using it to buy other goods or trading it with other pairs on the exchange.

Yes, Bitcoin has long been used as a means of transaction. And it all depends on the country where you live that has a shop or other place of sale that can accept Bitcoin as a means of payment and is legal, so do I, although in my country Bitcoin is still not legal but I have made transactions using Bitcoin and that too individually with fellow Bitcoin users at a reasonable price and mutually agreed upon. Although Bitcoin is the best choice for investment especially for the long term, there is nothing wrong if we use Bitcoin to make transactions if we really have to use it and only use a little profit to make transactions and it will not make us lose. Because we still make purchases routinely by doing DCA or other methods that you think are the best methods or strategies.

[aylabadia05]

<snip>

Yes, Bitcoin has long been used as a means of transaction. And it all depends on the country where you live that has a shop or other place of sale that can accept Bitcoin as a means of payment and is legal, so do I, although in my country Bitcoin is still not legal but I have made transactions using Bitcoin and that too individually with fellow Bitcoin users at a reasonable price and mutually agreed upon. Although Bitcoin is the best choice for investment especially for the long term, there is nothing wrong if we use Bitcoin to make transactions if we really have to use it and only use a little profit to make transactions and it will not make us lose. Because we still make purchases routinely by doing DCA or other methods that you think are the best methods or strategies.

In fact, you don't need government or anyone else's approval to transact with bitcoin as a means of payment. You only need to ask the recipient whether he accepts bitcoin as a means of payment, if he accepts then you can send him bitcoin individually. Many people do it out there without telling anyone as long as bitcoin is not legal tender in your country, but there are many transactions as real use cases as a means of payment even if done secretly.

Maybe it's the same as using dollars or foreign currency in my country, transactions can still occur even though it is prohibited by law. Bitcoin transactions are certainly easier because users don't need to pay face to face, this is liked by users.

[OgNasty]

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it. I think the odds are actually far higher that Bitcoin hits a $100,000 price per coin in the next 12 months than it not doing so. It’s no wonder Blackrock is telling people to load up on BTC.

[Cryptoprincess101]

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it.

Like many people have already lost confidence in the price of bitcoin hitting $100k forgetting to know that market volatility can project the price to hit $100k or close to it. doubt is also one of the things that affects investors believes especially when the price is experiencing a slow upwards movement and since a lot of people were expecting the price to cross pass the ATH of $73k before now and it wasn't achieved so those are the things that made many start having doubt of the price reaching $100k.

[I_Anime]

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it.

Like many people have already lost confidence in the price of bitcoin hitting $100k forgetting to know that market volatility can project the price to hit $100k or close to it. doubt is also one of the things that affects investors believes especially when the price is experiencing a slow upwards movement and since a lot of people were expecting the price to cross pass the ATH of $73k before now and it wasn't achieved so those are the things that made many start having doubt of the price reaching $100k.

For me the fire is still burning, Where`s the fun if there is no up and down movement before the main surging of prices . I still have strong confidence that bitcoin going to surge to the price range of $100k , and even more than that .that is why folks have to keep their accumulation and holding going, especially focusing on accumulating more than sat down waiting for the price to surge (those that haven`t gotten far in their accumulation) .

[LUCKMCFLY]

Now Bitcoin can be used to buy something we want as long as there is a service that accepts Bitcoin such as in several large companies and also in shops whose owners really like Bitcoin. It can also be brought into trading on the exchange that we like and can also be stored as an investment asset because it is also very good to do, but considering the value and number of Bitcoins which are very limited, of course storing more after buying on the market will be much better than using it to buy other goods or trading it with other pairs on the exchange.

There is no denying that the use of bitcoin by businesses is by those owners who are more intelligent and capable of accepting new payment technologies, but above all accepting btc makes them one step above the rest, because they are people who understand that even if the price goes down they have the conviction of getting more btc to be able to accumulate and that is very good, everything that has to do with the acceptance and globalization of btc buying products, goods and services is only the best that can be done.

[MRY]

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it.

Like many people have already lost confidence in the price of bitcoin hitting $100k forgetting to know that market volatility can project the price to hit $100k or close to it. doubt is also one of the things that affects investors believes especially when the price is experiencing a slow upwards movement and since a lot of people were expecting the price to cross pass the ATH of $73k before now and it wasn't achieved so those are the things that made many start having doubt of the price reaching $100k.

Indeed, it appears that the majority of investors are now questioning this prospects of this digital asset getting to $100k, even after expectations to cross the past all-time high of $73k. This sort of trading can leave the investors feeling unsure because the crypto market is highly unpredictable most of the time, particularly when the rates seem sluggish or fail to meet expectations. This uncertainty is even more so, when there are often drastic changes, for example, with constant rises and steep falls, which ultimately erode confidence in the long term.

But it still remains critical to remember that this is also an upside – and that volatility is a core feature of what the business can offer at any given time. The crypto-markets are very volatile, and whereas the current trend of price may not yield desired results, the probability of the price of Bitcoin,in the future, attaining a higher peak, exists. To be specific, investors have to keep their heads down, down to earth because the stock market does not act exactly as investors want it in the short run.

[sotelorene]

Will Bitcoin hit $100k this year? Answer: I can't tell for sure.

What should I do now? Answer: accumulate as much as you can and hold.

Is it going to worth it? Answer: if it exist then I am 100 percent sure that is gonna worth it.

Do you believe in Bitcoin? Answer: I trust Bitcoin.

Which method should I use as a newbie? Answer: we have; lump sum, Buy Dip and DCA method but I think DCA will be convenient for you.

Do I need to be checking the market? Answer: if it won't discourage you, no problem

What should I do after investing? Answer: have patient, be discipline, be consistent with your strategy, keep emergency fund and then success await you
Good luck.

[ultrloa]

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it.

Like many people have already lost confidence in the price of bitcoin hitting $100k forgetting to know that market volatility can project the price to hit $100k or close to it. doubt is also one of the things that affects investors believes especially when the price is experiencing a slow upwards movement and since a lot of people were expecting the price to cross pass the ATH of $73k before now and it wasn't achieved so those are the things that made many start having doubt of the price reaching $100k.

For me the fire is still burning, Where`s the fun if there is no up and down movement before the main surging of prices . I still have strong confidence that bitcoin going to surge to the price range of $100k , and even more than that .that is why folks have to keep their accumulation and holding going, especially focusing on accumulating more than sat down waiting for the price to surge (those that haven`t gotten far in their accumulation) .

I don't care much about the price if it goes up or down since what's important for me is the long term growth of bitcoin. I accumulate whatever the price showing and I don't entertain any disturbance of the market. If you always care about the price for sure that you will get bother by some downfalls that you didn't expect to happen. Many of us are positive that price would reach to $100k and expected that bitcoin would provably reach that far. The question is when no one knows on when this time would able to came and before this event will happen its good that should pay more attention on our accumulation rather than entertaining any unnecessary remarks that will just bother us.

[Rabata]

Bitcoin is a speculative asset such that anyone can come up with whatever they like that, and you know what? That is what makes it more interesting such that while others are being skeptical about the market dynamics others are also busy maximizing and utilizing every opportunities that shows itself in the market. Surely anyone with the intention of holding for as long as necessary will never worried over price predictions, and speculations even though there is nothing wrong predicting and speculating while keep growing your asset.

Now Bitcoin can be used to buy something we want as long as there is a service that accepts Bitcoin such as in several large companies and also in shops whose owners really like Bitcoin. It can also be brought into trading on the exchange that we like and can also be stored as an investment asset because it is also very good to do, but considering the value and number of Bitcoins which are very limited, of course storing more after buying on the market will be much better than using it to buy other goods or trading it with other pairs on the exchange.

Because we still make purchases routinely by doing DCA or other methods that you think are the best methods or strategies.

DCA is the best method to invest in Bitcoin especially for long term investors. This method of investment means that even if an investor does not get the expected return, he can protect his investment from lower risk and volatility. Accumulating Bitcoins in this manner allows an investor to be free from human stress and focus on long-term Bitcoin acquisitions that can contribute significantly to building a large portfolio. If an investor can hold Bitcoin for 4-10 years or more then he can be successful in Bitcoin investment. Although it will depend on the amount of Bitcoins accumulation.

There are many investors who want to hold Bitcoins but they cannot afford the required funds as per their demand, DCA definitely provides an opportunity through which those investors also get the opportunity to hold Bitcoins and grow their Bitcoin portfolio.

[MainIbem]

Now Bitcoin can be used to buy something we want as long as there is a service that accepts Bitcoin such as in several large companies and also in shops whose owners really like Bitcoin. It can also be brought into trading on the exchange that we like and can also be stored as an investment asset because it is also very good to do, but considering the value and number of Bitcoins which are very limited, of course storing more after buying on the market will be much better than using it to buy other goods or trading it with other pairs on the exchange.

Yes, Bitcoin has long been used as a means of transaction. And it all depends on the country where you live that has a shop or other place of sale that can accept Bitcoin as a means of payment and is legal, so do I, although in my country Bitcoin is still not legal but I have made transactions using Bitcoin and that too individually with fellow Bitcoin users at a reasonable price and mutually agreed upon. Although Bitcoin is the best choice for investment especially for the long term, there is nothing wrong if we use Bitcoin to make transactions if we really have to use it and only use a little profit to make transactions and it will not make us lose. Because we still make purchases routinely by doing DCA or other methods that you think are the best methods or strategies.

Though restrictions by several countries concerning Cryptocurrency at large has made Bitcoin yet to the accepted globally for different use cases but there's hope that in future the aim of Bitcoin by Satoshi to be used as an alternative means of carrying out transactions would be accomplished an by then the whole world would embrace it when they've seen how beneficial it could be for investment, transaction and several other use cases. Bitcoin is not generally used by traders and business personnels in my country due to some government regulations but it's possible to order goods internationally from online store that accept Bitcoin as a payment option, I personally can't wait for a day that I'll go into any mall within my locality and purchase goods using Bitcoin just like I normally do using our local currency, i believe it's going to be interesting times when it finally happens and that's why I'm trying my best to accumulate as much Bitcoin so as to have enough when the time comes and for that to be possible I think the DCA is the best accumulating strategy I could think of Currently until am very wealthy enough to do the lump sum.

[Zanab247]

Bitcoin is a speculative asset such that anyone can come up with whatever they like that, and you know what? That is what makes it more interesting such that while others are being skeptical about the market dynamics others are also busy maximizing and utilizing every opportunities that shows itself in the market. Surely anyone with the intention of holding for as long as necessary will never worried over price predictions, and speculations even though there is nothing wrong predicting and speculating while keep growing your asset.

Now Bitcoin can be used to buy something we want as long as there is a service that accepts Bitcoin such as in several large companies and also in shops whose owners really like Bitcoin. It can also be brought into trading on the exchange that we like and can also be stored as an investment asset because it is also very good to do, but considering the value and number of Bitcoins which are very limited, of course storing more after buying on the market will be much better than using it to buy other goods or trading it with other pairs on the exchange.

Yes, Bitcoin has long been used as a means of transaction. And it all depends on the country where you live that has a shop or other place of sale that can accept Bitcoin as a means of payment and is legal, so do I, although in my country Bitcoin is still not legal but I have made transactions using Bitcoin and that too individually with fellow Bitcoin users at a reasonable price and mutually agreed upon. Although Bitcoin is the best choice for investment especially for the long term, there is nothing wrong if we use Bitcoin to make transactions if we really have to use it and only use a little profit to make transactions and it will not make us lose. Because we still make purchases routinely by doing DCA or other methods that you think are the best methods or strategies.

And it has made many people to trust BTC transaction in the area of safety transaction, because there are some clear details that will proof that the transaction was successful or not at the end, and it has made many people to introduce it to their businesses since BTC is a legal tender in their country.
Despite BTC is not a legal tender in your country, but you can request for items in other countries that made BTC legal tender and pay with BTC and the company will make sure the items get to you in your country, because they are in global dealers and they accept BTC and cryptocurrencies as payment.

Making use of DAC method to accumulate your BTC, it will help you to see the $100k before you can sell to make profits because the price of BTC has hit $65k few hours ago that make it to be close to $100k many people are waiting to see soon in the industry.

[JayJuanGee]

....... that's why I'm trying my best to accumulate as much Bitcoin so as to have enough when the time comes and for that to be possible I think the DCA is the best accumulating strategy I could think of Currently until am very wealthy enough to do the lump sum.

Doing lump sum does not have to do with being wealthy, and in that regard, anyone could at some point get some extra income, and it might even just be a few hundred dollars, and that could be lump sum invested into bitcoin.

Sure it does make some sense that the lump sum might generally be a higher amount of money, but it is not necessary to be a large amount of money in order to still categorize such money as a lump sum investment.

Surely when a person first comes into bitcoin, s/he may or may not have a lump sum of money that might be available to buy bitcoin right away (or to decide whether to divide such lump sum into DCA and/or buying on dip too), yet a person could come to a conclusion that s/he is going to DCA invest $100 per week or perhaps $200 to $800 per month that is flexible depending on income and expenses for that month, which could also have weekly allowances of the DCA amount based on cashflow and expenses projections... Yet, even at that time, the same person could be going through his/her finances and trying to calculate any extra money that they could move around and/or reallocate into bitcoin as a kind of lump sum investment into bitcoin... yet once the total amount available is figured out, there still could be a decision regarding how much of it to use to buy BTC right away versus how much might be allocated towards DCA and/or buying on dips.  Some folks might ONLY be able to conjure up a few hundred extra dollars, while others might be able to conjure up several thousand dollars, and the amount that they are able to conjure up does not cause the process to be called something different - in which calling it a lump sum seems to fit whether the amount is several hundred or several thousand...

The same is true if someone gets a few hundred dollar bonus versus a few thousand dollar bonus, the process of how to consider and/or classify what to do with that extra amount should end up being nearly the same, even though receiving a larger amount does allow for more options and various ways to divide it up without easily falling into diluting the amount too much.   Frequently we talk about folks who might have very small amounts of money that they are able to invest into bitcoin, such as $10 per week, and surely it seems to make even less sense to diversify their investment when the amount is smaller as compared with someone who might have hundreds or even thousands of dollars per week that they are able to work with... yet the process could still be the same, even though it might not make a lot of sense to divide up smaller amounts, so in that regard, the one with smaller amounts may well be faced with investing all of the $10 per week (for example) into bitcoin, something similar might come true if the person all of a sudden has an extra expense (let's say repairing his car so that he can use it to make more money, so it is a high priority expense), and so if he does not have the money or he has to take from his reserves or even from his emergency fund, then there could be a period of time, that he is not able to invest $10 per week into bitcoin because he has to replenish his emergency fund, and then there could be questions about whether to do both at once (invest into bitcoin and replenish the emergency fund) or just to focus on one at a time, since the amount of extra money is so small that it starts to make less sense in terms of dividing it up.. and not everyone is going to come to the same conclusion regarding whether they perceive it economical/practical to divide up or to just focus on one of the matters at a time... or even to alternate to spend 4-6 weeks replenishing the emergency fund, and then 4-6 weeks buying BTC and then alternate between the two until the emergency fund is completely replenished. and then he can go back to focusing on investing into bitcoin... yet these kinds of expenses are always going to be tight for folks who have levels of income that are not much higher than their levels of expenses, and if they are not able to increase their income and/or to decrease their expenses, then they are stuck with the budget that they have, and they likely wish that from time to time they are able to receive some kind of bonus pay or some other windfall in order to have some extra money to be able to have options regarding how to buy more bitcoin.

Making use of DAC method to accumulate your BTC, it will help you to see the $100k before you can sell to make profits because the price of BTC has hit $65k few hours ago that make it to be close to $100k many people are waiting to see soon in the industry.

You really believe that people are looking forward to $100k BTC so that they can sell BTC?  Surely a lot of newbies may well end up selling way too many BTC too soon, and what are  you doing?

At least you have had nearly 4 years in bitcoin (if we go by your forum registration date), yet would be difficult to consider that even someone who might have had been accumulating bitcoin for 4-ish years should be planning on selling much if any of his BTC around $100k.

Let's say that you had been buying $100 per week of BTC for the last 4 years, and so you would have had invested nearly $21k into bitcoin, and you would have accumulated nearly 0.66 BTC (which is currently valued at about $43k), so you would be nearly double in profits and I suppose if the BTC price goes to $100k, then you would be close to 5x in profits, yet would that be sufficient to consider in order to start selling, and so maybe part of the justification of whether a guy might consider having the option of starting to sell would have to do with whether he believes that 0.66 BTC is enough, or sure if you had been accumulating higher amounts, then your total stash would be higher too.. so if you were investing $1k per week rather than $100 per week, then we would 10x the numbers to have $210k invested and 6.6BTC (which would be $430k), and would that be a large enough BTC portfolio to start shaving off coin now versus continuing to accumulate and wanting to get up to an amount of BTC that gives you sustainable withdrawal.. by keeping on building up the stash size and/or by allowing the passage of time in which the value continues to go up...   

Don't get me wrong, there are likely amounts of BTC that might start to make sense to start to shave off profits, especially for folks who either had longer than 4 years accumulating BTC or perhaps had been able to extensively front load their BTC investment, yet it tends to take a while to build wealth, even if we have a very good performing asset like bitcoin, it is likely going to take longer than 4 years or a whole cycle to build up the stash, and surely accounting for a person's income level (and/or current standard of living) also helps to provide guidance in regards to how mnay BTC would be enough to start any kind of shaving off process... or to move away from buying of BTC and into selling of BTC.

It seems that some shorter-term BTC accumulators who are getting so excited about $100k BTC are likely short-sighted, even though I can see the rationale to want to keep aggressively accumulating BTC prior to the BTC price getting above $100k.  I have more difficulties understanding the rationale for wanting the BTC price to get above $100k for selling purposes - even though surely higher BTC prices does give further validation to BTC as a project and it also helps the 200-WMA to move up at a higher rate.

[laijsica]

edited out

It seems that some shorter-term BTC accumulators who are getting so excited about $100k BTC are likely short-sighted, even though I can see the rationale to want to keep aggressively accumulating BTC prior to the BTC price getting above $100k.  I have more difficulties understanding the rationale for wanting the BTC price to get above $100k for selling purposes - even though surely higher BTC prices does give further validation to BTC as a project and it also helps the 200-WMA to move up at a higher rate.

The tendency among Bitcoin investors to obtain high short-term profits makes them more bullish about price assumptions while they should tend to accumulate Bitcoins regularly and continuously. In fact relatively small investors tend to get high profits but by hoarding bitcoins they should abandon their tendency to get high profits in the short term and follow the long-term DCA approach. A depositor can have a large Bitcoin portfolio regardless of value, combining the process of depositing Bitcoins and an emergency fund.

Basically setting an initial target price of $100k and running DCA accordingly, although if an investor can run more than two cycles can get a wider holding and that initial target is gradually increased. Investors should tend to accumulate bitcoins over time regardless of price. If the second goal is $150k and you can stick to it with each cycle, your investment will continue to be greatly impacted positively. Yes, currently we can consider Bitcoin as a superior project that can influence the investment criteria more positively with every certainty and the 200-WMA can be like a double-edged knife.

[I_Anime]

Which method should I use as a newbie? Answer: we have; lump sum, Buy Dip and DCA method but I think DCA will be convenient for you.

Do I need to be checking the market? Answer: if it won't discourage you, no problem

What should I do after investing? Answer: have patient, be discipline, be consistent with your strategy, keep emergency fund and then success await you
Good luck.

Hmm newbies need something like this and also this 9 principle individual factors , well when it comes to method of accumulating, lump-summing is also a nice choice for one to start his bitcoin accumulation journey (having enough cashflow) . It will actually help to give one a get head start in his bitcoin accumulation. But still DCAing is still the best though due to the privilege of purchasing at different price intervals whether the dip or increase in market price.

While observing the market always can be a bit challenging to most newbies, which may lead to them selling their investment too earlt due to some certain increase in market may have given them a short-term profits (not compare to long-term). Or due to panicking, because if a certain dip in market , So I will advice newbies to avoid checking the market always and focus on the main matter which is accumulating and securing yah Stashes.

[As-Soon-As]

For me the fire is still burning, Where`s the fun if there is no up and down movement before the main surging of prices . I still have strong confidence that bitcoin going to surge to the price range of $100k , and even more than that .that is why folks have to keep their accumulation and holding going, especially focusing on accumulating more than sat down waiting for the price to surge (those that haven`t gotten far in their accumulation) .

With a price target of 100K in Bitcoin we need to accumulate the most Bitcoins at the moment, as we are quickly heading towards a Bitcoin bull market. But we can adopt DCA method in depositing Bitcoin, in this current situation Bitcoin DCA method is most suitable to invest. This will save on the purchase price and we will certainly be able to accumulate more bitcoins by following the DCA method and be able to hold it regularly and for a longer period of time.

[Miles2006]

....... that's why I'm trying my best to accumulate as much Bitcoin so as to have enough when the time comes and for that to be possible I think the DCA is the best accumulating strategy I could think of Currently until am very wealthy enough to do the lump sum.

Doing lump sum does not have to do with being wealthy, and in that regard, anyone could at some point get some extra income, and it might even just be a few hundred dollars, and that could be lump sum invested into bitcoin.

Sure it does make some sense that the lump sum might generally be a higher amount of money, but it is not necessary to be a large amount of money in order to still categorize such money as a lump sum investment.

People still think dca is just for low salary earners while the lump sum strategy is meant for wealthy people which is wrong, IMO lump sum can be done aside the dca budget. It’s wrong if people think such way about the lump sum although dca is a strategy that suits everyone generally and personally I don’t think it’s the only best. What about people who save to lump sum? also like seeing this strategy has to do with a different amount and a huge amount secondly anyone can lump sum whenever the money is available so I don’t think limiting oneself to dca only is right.  

[Popkon6]

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it. I think the odds are actually far higher that Bitcoin hits a $100,000 price per coin in the next 12 months than it not doing so. It’s no wonder Blackrock is telling people to load up on BTC.

As the price of Bitcoin rises, we must participate in the investment, those who are still without investment in Bitcoin, participate quickly. Because the price of Bitcoin will start its journey towards the maximum speed from this October month, because the bull market is very close at the moment. 
So in current situation we have to collect bitcoin based on DCA method if it is able to keep holding for a long time. And even if the Bitcoin market rises in these difficult conditions, it will save on the purchase price, which in hindsight can make a huge profit every time you buy Bitcoin.

[JayJuanGee]

....... that's why I'm trying my best to accumulate as much Bitcoin so as to have enough when the time comes and for that to be possible I think the DCA is the best accumulating strategy I could think of Currently until am very wealthy enough to do the lump sum.

Doing lump sum does not have to do with being wealthy, and in that regard, anyone could at some point get some extra income, and it might even just be a few hundred dollars, and that could be lump sum invested into bitcoin.

Sure it does make some sense that the lump sum might generally be a higher amount of money, but it is not necessary to be a large amount of money in order to still categorize such money as a lump sum investment.

People still think dca is just for low salary earners while the lump sum strategy is meant for wealthy people which is wrong, IMO lump sum can be done aside the dca budget. It’s wrong if people think such way about the lump sum although dca is a strategy that suits everyone generally and personally I don’t think it’s the only best. What about people who save to lump sum? also like seeing this strategy has to do with a different amount and a huge amount secondly anyone can lump sum whenever the money is available so I don’t think limiting oneself to dca only is right.  

I would consider that saving to lump sum is not really lump summing, but it is instead saving to buy the dip... so lump summing would be any time that a person either is able to acquire some amount of money or receives some amount of money (or even if he is first starting to invest into bitcoin he might start out with a certain amount of money that he has available), so lump summing would be choosing to invest that money right away rather than either deferring by waiting for a dip or deferring by DCAing, and there can surely be variations in regards to how the lump sum is divided up into the different categories including how much to buy right away or how much of a dip to wait for or over how much of a period of time to defer such BTC purchases through DCA.  The individual 9 factors can affect how one decides to divide up a lump sum, but also even if there is already a decision to DCA into the future with incoming cashflow or to hold back some incoming cashflow for buying on dips.  The amounts play off of each other.  Choosing to lump sum a higher amount might inspire more of a reason to have some value that is saved for buying on dips, yet surely the price might not dip, so there is almost no way to carry out any kind of perfect plan, but perhaps instead just to find a comfortable place that is largely acceptable no matter which direction the BTC price ends up going.

[Barikui1]

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it. I think the odds are actually far higher that Bitcoin hits a $100,000 price per coin in the next 12 months than it not doing so. It’s no wonder Blackrock is telling people to load up on BTC.

As the price of Bitcoin rises, we must participate in the investment, those who are still without investment in Bitcoin, participate quickly. Because the price of Bitcoin will start its journey towards the maximum speed from this October month, because the bull market is very close at the moment. 
So in current situation we have to collect bitcoin based on DCA method if it is able to keep holding for a long time. And even if the Bitcoin market rises in these difficult conditions, it will save on the purchase price, which in hindsight can make a huge profit every time you buy Bitcoin.

Yea, I agree to the fact that the bull season is right by the Conner, so when the bull season comes, then what? Are you planning on selling your Bitcoin investment for minimal gains? Or you are one of those traders that buy and sell anytime their is a slit increments in the value of Bitcoin, or those set of traders that buy and sell only during the bull season, bro to be honest with you here, you can't build a generational wealth by selling off your holdings for minimal gains during the bull season, but if you can buy and hold your Bitcoin without tempering with it regardless of the value for like 10 to 20 years time from now,  you can actually achieve something great, because I believe that  the potential of Bitcoin is extremely high, and it has the capacity of building a generational wealth for you if you can ignore the distractions and hold relentlessly for like 10 to 20 years, by then I believe that it might have done from 10x to 20x of it current price, so in essence of what am trying to say is that wether we are in the bull season or not, the goal is not to sell during the bull season, but to hold for a very long period of time in other to achieve something great.