As a bitcoin enthusiast is every dip worth buying?

[Japinat]

Now for an average investor, one who is hoping to take profit soon, I don't mean those who have enough to spare.  It's best we don't lead people into regrets and pains with our contributions. Not everyone can afford to buy at intervals.

Investing is not a race where those who invest huge amounts will win. No, it depends on our capacity.

That is why it was advised to just invest the amount that you can afford to spend. Maybe it is hard to say that investing doesn't make you rich instantly or just give you profit. But we have to accept this because this is how it works. If we are in a hurry to make a profit, then investing should not be our choice.

As I talked to people about investing in Bitcoin, I clearly explained the possible scenario that they would experience and, most of all, not to expect an instant return.

[Hazink]

It depends on your personal strategy if you think every dip is worth buying or not.  Some people like buying dips and trying to time the market.  Others prefer buying at a given time period.  Say once a week on Saturday's or something like that.  Regardless of what you prefer, I think the important thing is just to be saving in Bitcoin.  Once you've started, it will change your perspective on things and you'll have a better idea of what works for you.  The most important thing is to just start doing something.

The most important thing is indeed starting, and the other is to follow the path that works for you and doesn't inconvenience you. The more the person goes, the more he/she will get used to accumulating using the most convenient way and considering it as a normal thing, but that should be based on if their level and pattern of earning allow them to be doing that on a regular basis, which is what I consider to be the most important factor that decides the pattern one can choose as their means of accumulation.

[Faisal2202]

As we all can see for the past two to three months the market has not chosen a direction, it is neither buying or selling and some persons are waiting to take profit it price rises a little. So my question is judging by the range market we currently experience is it every dip and average Bitcoin investor should buy?

You are actually right even DCA is not for everyone, as if a person don't have stable source of income and they want to make profit as soon as possible because they rely on it somehow, then DCA is not for those people. DCA mainly be done when a person wants to hold BTC for a longer period like 5 to 10 years or at least for 1 cycle (4 years).

Market has not chosen its direction yet, but if we bigger the timeframe then we will realize its direction has already been set and it is going up, therefore if a person want to make profit at the current moment that not worth it (as it is short time frame) the best time would be to buy in dump.

[ChiBitCTy]

Many will say DCA is their strategy. This DCA strategy of a thing is only for those who  have huge capital or an amount that is sufficient for them to ignore and possibly has other sources of income in that the can choose to neglect what ever the market does and focus on their other stream of income.

Now for an average investor, one who is hoping to take profit soon, I don't mean those who have enough to spare.  It's best we don't lead people into regrets and pains with our contributions. Not everyone can afford to buy at intervals.

As we all can see for the past two to three months the market has not chosen a direction, it is neither buying or selling and some persons are waiting to take profit it price rises a little. So my question is judging by the range market we currently experience is it every dip and average Bitcoin investor should buy?

As a financial advisor it was difficult reading your first sentence because it's absolutely wrong. "This DCA strategy of a thing is only for those who  have huge capital or an amount that is sufficient for them to ignore and possibly has other sources of income in that the can choose to neglect what ever the market does and focus on their other stream of income".  DCAing is quite literally especially helpful for those who DONT have "huge" capital. 

I would go back to the drawing board and do a bit more homework.

[boyptc]

It is only you that can provide the good answer that you want to hear. But most of us will say that it's worth it every dip that will come and we've got some money to pay for.

The problem that many of us deal is not all of us are experiencing that freedom that we can buy every dip. While we tell that to others that we should be able to buy every dip.

If our pockets have nothing, we can't even move. 

[AmoreJaz]

It is only you that can provide the good answer that you want to hear. But most of us will say that it's worth it every dip that will come and we've got some money to pay for.

The problem that many of us deal is not all of us are experiencing that freedom that we can buy every dip. While we tell that to others that we should be able to buy every dip.

If our pockets have nothing, we can't even move.  

That is the very reason why many people can't invest in this market because they have no extra funds to spare on this market. Because up until now, the volatility factor is still the main reason why people are into this type of investment. The hope that they can get high profit is still there. However, if you want a bit of assurance, it is best to spend your spare funds because there's no guarantee that you will indeed gain profit from here.
Just like any other investments, you need to make sure that you have good grasp with bitcoin market. Otherwise, you can easily lose what you invested. The simple rule in trading is buy low, sell high. However, when you actually execute it, would be a challenge. This is why if you want profits even small one, you can sell your coins even small margin than your buying price. That is, if you don't know when to sell and you are at the point that you need to sell because of your needs.

[peter0425]

However, if you want a bit of assurance, it is best to spend you spare funds because there's no guarantee that you will indeed gain profit from here.

There will always be risks in any type of investment.

There’s also risk here in bitcoin still but it’s less compared to other types of investments like real estate for example. That is also a lot more expensive and difficult to obtain. But with bitcoin, you can build up your portfolio. Using only extra funds will calm you down a bit and prevent you from always checking the market therefore can allow you to hold for much longer.

[Josefjix]

The problem that many of us deal is not all of us are experiencing that freedom that we can buy every dip. While we tell that to others that we should be able to buy every dip.

If our pockets have nothing, we can't even move. 

Everyone keeps saying, buy the dip, buy the dip, buy the dip but nobody is asking where to get the funds to be steadily purchasing at every dip cos that's the vital part of the investment process. If you aren't working harder to get something off somewhere, I mean other streams of income then don't bother doing DCA of a thing.

Be very financially stable to think about buying at every dip, not even every dip but whenever it's the right moment to acquire some quantity and keep going.

[topbitcoin]

I think the context should be a little bit more differentiated in this case because for me regardless of whether all dips are worth buying or not it depends on the financial strength that we have first and this is what we need to pay attention to before we start figuring out whether every dip is worth buying or not.

Apart from anything for now DCA or buy dip is just a strategy for us to collect bitcoin for the future but of course before we prepare for this, of course we should try to think more logically for ourselves whether we can afford or not to buy without seeming to force ourselves with money that is left over for investment.

Buying at any price regardless of whether we are in a downturn or a positive trend in the end is still very good if the goal is long-term but it must be remembered whether we are capable enough to accept the risk of losing and not forcing ourselves in bitcoin because if we still seem to force even good things can be bad.

[Powerjumboo]

Many will say DCA is their strategy. This DCA strategy of a thing is only for those who  have huge capital or an amount that is sufficient for them to ignore and possibly has other sources of income in that the can choose to neglect what ever the market does and focus on their other stream of income.

Now for an average investor, one who is hoping to take profit soon, I don't mean those who have enough to spare.  It's best we don't lead people into regrets and pains with our contributions. Not everyone can afford to buy at intervals.

As we all can see for the past two to three months the market has not chosen a direction, it is neither buying or selling and some persons are waiting to take profit it price rises a little. So my question is judging by the range market we currently experience is it every dip and average Bitcoin investor should buy?

In fact, the DCA method always works well for those who have a fixed income. The DCA method may not work very well for those who do not have a fixed income. But here your question is whether one should buy on every dip. I would say that if one has enough money to invest then it is better to buy on every dip. If one can buy Bitcoin on every dip and invest, then one will definitely get good profit in the future. Moreover, there is nothing to worry about the future of Bitcoin because we are getting to know from big investors that the future of Bitcoin is very bright.

[boyptc]

It is only you that can provide the good answer that you want to hear. But most of us will say that it's worth it every dip that will come and we've got some money to pay for.

The problem that many of us deal is not all of us are experiencing that freedom that we can buy every dip. While we tell that to others that we should be able to buy every dip.

If our pockets have nothing, we can't even move. 

That is the very reason why many people can't invest in this market because they have no extra funds to spare on this market. Because up until now, the volatility factor is still the main reason why people are into this type of investment. The hope that they can get high profit is still there. However, if you want a bit of assurance, it is best to spend you spare funds because there's no guarantee that you will indeed gain profit from here.

Yes, many are optimistic and wanting to invest but they just can't. It is not the same privilege as us when we did it and have some spare money to do so.

The problem that many of us deal is not all of us are experiencing that freedom that we can buy every dip. While we tell that to others that we should be able to buy every dip.

If our pockets have nothing, we can't even move. 

Everyone keeps saying, buy the dip, buy the dip, buy the dip but nobody is asking where to get the funds to be steadily purchasing at every dip cos that's the vital part of the investment process. If you aren't working harder to get something off somewhere, I mean other streams of income then don't bother doing DCA of a thing.

Be very financially stable to think about buying at every dip, not even every dip but whenever it's the right moment to acquire some quantity and keep going.

That's right.

I might be guilty with that and I always tell people to buy the dip but going behind that, we don't know if the person that read it is going through some rough time.

And even they want to, they can't.

[Yamifoud]

Buying at any price regardless of whether we are in a downturn or a positive trend in the end is still very good if the goal is long-term but it must be remembered whether we are capable enough to accept the risk of losing and not forcing ourselves in bitcoin because if we still seem to force even good things can be bad.

Even to say that buying bitcoin is good, whatever the price. I still believe that buying a cheaper one is ideally profitable. Although we are too optimistic that this will be more valuable in the future, we still don't ignore the fact that the future of Bitcoin is uncertain. It is necessary to remain cautious when buying, even if we have money, just to have profit assurance.

That is why we need to analyze the market, for this will be the basis of our buying decision, because investing is not just all about money, but also timing.

[Kelward]

The rush to buy bitcoins every time the price drops reminds me of an abnormal fanaticism. I prefer calm investments, without asking myself whether I urgently need funds because the price seems attractive. The rule that you can’t earn all the money still exists, and I would like to remind everyone that people have other needs besides Bitcoin, and investing in it should not be a must, but something you decide to buy from time to time.

There's no competition in Bitcoin investment, people should go at their own pace, buy when you have the funds regardless of what the price is, so far you're holding for a long term. Although it's more profitable to buy during dip because it'll increase your ROI in the peak of bull run but you need to have the spare funds to buy. DCA remains the best strategy for accumulating Bitcoin, so far you're on a steady income and can afford to take out some funds for investment. But I always say that investment is a secondary need, your income have to cover your primary needs like food and essential bills before you can talk of investing.

[hero_the_bossman]

Buying at any price regardless of whether we are in a downturn or a positive trend in the end is still very good if the goal is long-term but it must be remembered whether we are capable enough to accept the risk of losing and not forcing ourselves in bitcoin because if we still seem to force even good things can be bad.

Even to say that buying bitcoin is good, whatever the price. I still believe that buying a cheaper one is ideally profitable. Although we are too optimistic that this will be more valuable in the future, we still don't ignore the fact that the future of Bitcoin is uncertain. It is necessary to remain cautious when buying, even if we have money, just to have profit assurance.

That is why we need to analyze the market, for this will be the basis of our buying decision, because investing is not just all about money, but also timing.

It's also about confidence for the Bitcoin as a whole.

Future of BTC have some gaps in it, but mostly - it's bright. And it cannot be denied.

[AprilioMP]

The DCA method or I call it a strategy to provide convenience for me and maybe most other people out there to have Bitcoin as the definition of the DCA method. It is very fitting for investors to use DCA in Bitcoin investment.

This method has been used very often by beginners in running their investments in Bitcoin and is also still used by some old investors in buying Bitcoin and even big investors still use such methods when they want to buy Bitcoin in large quantities at this time. Because such a method is really not difficult for everyone because it is directed at each person's ability when they want to buy Bitcoin for long-term investment purposes. I also still use such a method at this time even though it is not so routine in running it, but it is still quite comfortable to use for me and also for everyone else.

I admit that the DCA method is the best strategy for those who want to invest in Bitcoin. It might also be very good if applied to other types of investment because it does not make investors feel burdened with the finances to be prepared.
I can almost be sure if the DCA method is a very famiar pattern or strategy for all levels of investors.

[Oluwa-btc]

I must say the DCA is the confidence of many Bitcoin Investors,the DCA strategy is significantly common amongst Bitcoin investors as it helps them track down the impacts of unfavorable economic downturns and avoids irregular market fluctuations.
Any Bitcoin Investor without a DCA strategy should practically retrace his/her steps into actions that'll prompt a long term value for them.It seems every dip tends to favour Bitcoin Investors regardless of the market positive or negative trends.

[Donneski]

I must say the DCA is the confidence of many Bitcoin Investors,the DCA strategy is significantly common amongst Bitcoin investors as it helps them track down the impacts of unfavorable economic downturns and avoids irregular market fluctuations.
Any Bitcoin Investor without a DCA strategy should practically retrace his/her steps into actions that'll prompt a long term value for them.It seems every dip tends to favour Bitcoin Investors regardless of the market positive or negative trends.

The DCA strategy literally reduces the effect of market volatility and that's why it's very important for every Bitcoin investor to know how to use it especially when you're a long-term investor. Investors that are familiar with DCA usually do not fear to buy in every dip in the market and that's because it reduces their chances of losing their investments.
That said, every dip like you rightly said seems to always favour Bitcoin marketers especially when you're not investing on a short term.

[Ale88]

Many will say DCA is their strategy. This DCA strategy of a thing is only for those who  have huge capital or an amount that is sufficient for them to ignore and possibly has other sources of income in that the can choose to neglect what ever the market does and focus on their other stream of income.

Now for an average investor, one who is hoping to take profit soon, I don't mean those who have enough to spare.  It's best we don't lead people into regrets and pains with our contributions. Not everyone can afford to buy at intervals.

As we all can see for the past two to three months the market has not chosen a direction, it is neither buying or selling and some persons are waiting to take profit it price rises a little. So my question is judging by the range market we currently experience is it every dip and average Bitcoin investor should buy?

I think you are making some confusion about the DCA strategy: why do you say only rich people can do it? It's quite the opposite actually, everybody can do it, you just need to know how to manage you finances and then it's up to you whether you want to invest $10 or $10k each month. And if you follow this strategy of course you buy the dip, you have a plan, you stick to it.

[Rabata]

I must say the DCA is the confidence of many Bitcoin Investors,the DCA strategy is significantly common amongst Bitcoin investors as it helps them track down the impacts of unfavorable economic downturns and avoids irregular market fluctuations.
Any Bitcoin Investor without a DCA strategy should practically retrace his/her steps into actions that'll prompt a long term value for them.It seems every dip tends to favour Bitcoin Investors regardless of the market positive or negative trends.

DCA is one of the most reliable investment method in Bitcoin investment. There are many investors who did not dare to invest in Bitcoin, but because of DCA, they now dream of building a large Bitcoin portfolio. DCA not only gives an investor the opportunity to buy regularly, but it also helps the investor from buying at high prices. When an investor buys regularly, sometimes at high prices and sometimes at low prices, his average purchase price is low, which is profitable for him. Moreover, those who do DCA get a big drop in Bitcoin as an opportunity. Those who try to invest a large amount at once usually do not get this opportunity. But a DCA holder gets more opportunities than others to hold for the long term.

[Woodie]

I think back in the day the strategy of investing was " buy low and sell high" , but when it comes to Bitcoin it's actually difficult to tell when that low comes as price never stops for anyone and that is why the best approach today is the buy in small bits via the DCA strategy to get the portfolio growing by buying bitcoin in all conditions where Bullish or Bearish.