Three best ways to hold bitcoin combined.

[Karl_3000]

Have you heard about DCA which is not something that is new? Buying bitcoin like every week or every month. This is a good strategy to buy and hold bitcoin in a way you will not think of bitcoin price falling.

The second one is to average buy buying the dip. When bitcoin price fall to like $100000, you can buy bitcoin. When the price fall to like $90000, you can buy more bitcoin and do on.

The third one is lump sum when you think that bitcoin price has fallen very well, you can use the remaining part of your money to buy bitcoin.

How it works
From your 100% money you earn weekly, set 30% aside to buy bitcoin
From the 30% use just 10% from it to DCA
Use 10% to average
Use the remaining 10% which you have saved up for months to buy lump sum if bitcoin fall to like $70000.

I do not know if bitcoin will fall to $70000, but if it does not fall to that price or the price you want to lump sum, that means you still invest 20% of you money on bitcoin.

[BitMaxz]

Such good advice, but we're not sure how long this price will struggle to rise. If there is no good news coming next week, we may see further price drops.

I might be better off waiting for a much better opportunity to buy at a lower price, and I prefer to begin DCA near block halving because this is the start of a new cycle, and we may see a bearish season this coming year. DCA isn't a good idea unless you do it close to block halving.

[tbct_mt2]

How it works
From your 100% money you earn weekly, set 30% aside to buy bitcoin
From the 30% use just 10% from it to DCA
Use 10% to average
Use the remaining 10% which you have saved up for months to buy lump sum if bitcoin fall to like $70000.

Use 30% of your income for investment in Bitcoin is good as I assume that with 70% of your income, you can have enough money for bills and also emergency fund.

If you have good income that is stable with time, why you don't use all 30% of your weekly or monthly income to purchase bitcoins. Because with stable income monthly, you will have another 30% of same income monthly for your next DCA in a next month. There is no need to split 30% monthly income and wait for likely better prices to purchase bitcoins each month.

Your approach is against basic principle of DCA, that has no requirement of finding best entry prices.

[Outhue]

Bitcoin may have topped at 126k already and yes DCA is a good way to accumulate Bitcoin, the method anyone is going to use is on them to figure out, I still believe that using a large sum of money to buy good dip is better than buying at every five percent or ten percent drops, you don't have to wait on the bottom as it is very hard to know what the real bottom looks like but buying bitcoin with large amount at 40k is way better than using small portion to buy every dips.

All the ways you dropped are good and choosing one depends on the person, we don't earn money the same way, some get paid weekly and some monthly, there are even some who get paid several months later so we should choose one that suits our lifestyles and hold for the future, o believe that bitcoin will reach a million dollars one day. We are still very early.

[justinlamode]

You just described ways of buying Bitcoin and not ways of holding. For instance, the DCA method is just a way of buying small amount of Bitcoin per time buy at a regular interval of time. It could be weekly, monthly or even quarterly and all depends on the choice of the investor. It has nothing to do with holding although this method favors holding more than selling because that is where your thinking will be more focused.

Holding simply means you keeping it either in your self custodial wallet which is the best or on exchange which is not a good practice due to the risk.

[bhadz]

So basically, the first and second one are just the same, DCA. And that example will work if you've got a huge fund for buying Bitcoin. But if you only have some average of a couple of hundreds, I think that it's best to simply decide what you think is the best strategy for that money to be spent. I have nothing against with any of it as I agree with all what OP has said but I think one reason why people sometimes are too lazy to DCA is because, the amount of money that they have ready to invest in the market isn't that much so they prefer to wait longer.

[TheUltraElite]

The third method does not seems economical to me. I would go with lumpsum once the price dips, that like a combination of the 2nd and 3rd option.

By that you maximize the amount of money spent on bitcoin and get the maximum amount of bitcoin possible.

Even every month if you are no doing DCA, keep that alloted money separate and use it to buy coins later in lumpsum.

[ColdLava40]

DCA remains a preferred strategy for Bitcoin accumulation because its mechanical application is an effective tool for mitigating Timing Risk.Because of bitcoins high Price Volatility, DCA ensures systematic capital deployment, thereby lowering the probability of deploying a large sum at a market peak.
 
Though I don't know about mixing these 3 you've listed, but the consistent process using DCA, is invaluable for neutralizing destructive behavioral biases like FOMO that often lead investors to make irrational, low performance decisions.

[aoluain]

DCA and Buy the Dips are popular proven methods to buying Bitcoin.

The OP's third method is viable but its holding FIAT for the chance to buy when/if
the Bitcoin price falls further in a dip or a big pull back - which may not happen
or may happen a month after you expected. Maybe it could work by saving those "10%'s"
weekly and then being in a position to lump sum.

The other option is not buy the dips or DCA but instead keep saving FIAT for the big pull
backs in the market...

[Uhwuchukwu53]

I do not know if bitcoin will fall to $70000, but if it does not fall to that price or the price you want to lump sum, that means you still invest 20% of you money on bitcoin.

All strategy are good, regards to if Bitcoin can fall $70000, I laughed though I am not ignorant of the bear market anything can happen but whoever that is making use of lump sum as a strategy must not have one specific Price fall to lump sum because, if it doesn't goes according to it's figure of prediction may not purchased Bitcoin.
 
My advice to any with lump sum strategy has always been that the investor should keep as much as he can since his mind is already centered on lump sum so that any opportunity that come he purchased more as the case may be.

I stand to be corrected, lump sum in Bitcoin is hardly practice with those strangling within income, especially low income earners because you can't get much no matter how you expect Bitcoin to drop reach you may end up not buying, I am not affirming that the strategy is only for the rich but is mostly carry out with those that has a diverse income .

[Adams0001]

So basically, the first and second one are just the same, DCA. And that example will work if you've got a huge fund for buying Bitcoin. But if you only have some average of a couple of hundreds, I think that it's best to simply decide what you think is the best strategy for that money to be spent. I have nothing against with any of it as I agree with all what OP has said but I think one reason why people sometimes are too lazy to DCA is because, the amount of money that they have ready to invest in the market isn't that much so they prefer to wait longer.

DCA is the best advise for newbies that want to start Bitcoin investment. And in my opinion I don't really have exact time of holding bitcoin anytime I have enough funds I just used it and top my investment because if you said you will wait the price to dip first before buying huge, I can says that you are just wasting the opportunity you have because the more you wait the price can be pumping and you will be missing the opportunity to be profitable in the market. What is more better is to buy when ever you have money you should just invest for the long term and set your target and just wait for your profit for the long term and you need to be patient enough an you will surly achieve your goa,l because bitcoin is always the best to invest in therm of crypto, he will always minimize your risk then other coin.

[As-Soon-As]

Have you heard about DCA which is not something that is new? Buying bitcoin like every week or every month.

Yes, I have heard about investing in Bitcoin according to the DCA method of Bitcoin, and I myself am holding Bitcoin according to the method. And I invest in Bitcoin three to four times a month according to the DCA method.

Code:

The second one is to average buy buying the dip. When bitcoin price fall to like $100000, you can buy bitcoin. When the price fall to like $90000, you can buy more bitcoin and do on.

Since I follow the DCA method, I don't wait to buy dips. Because if Bitcoin follows the DCA method weekly, dips are bought constantly, so there is no need to buy extra (it is better to save money for someone who wants to buy extra dips).

Code:

The third one is lump sum when you think that bitcoin price has fallen very well, you can use the remaining part of your money to buy bitcoin.

The price of Bitcoin will never suddenly completely dump, so I think those who wait for a dip to buy at a very low price are fools. Because if you have money, invest in Bitcoin quickly, that will be the best purchase.

Code:

How it works 
From your 100% money you earn weekly, set 30% aside to buy bitcoin
From the 30% use just 10% from it to DCA
Use 10% to average
Use the remaining 10% which you have saved up for months to buy lump sum if bitcoin fall to like $70000.
I do not know if bitcoin will fall to $70000, but if it does not fall to that price or the price you want to lump sum, that means you still invest 20% of you money on bitcoin.

The DCA method is the best for both small and large investors, but I think it is better to buy the DCA method in Bitcoin only. Because if you have money, you can invest in Bitcoin, and if you do not have enough money, you can follow the DCA method weekly or monthly. However, you should never buy Bitcoin aggressively, the DCA method is the best for small and large investors. And from your income, you can follow the DCA method in Bitcoin with the remaining money, excluding the basic expenses of the family, and it is reasonable and important to keep your emergency fund to follow the DCA method.

[Cryptmuster]

Have you heard about DCA which is not something that is new? Buying bitcoin like every week or every month. This is a good strategy to buy and hold bitcoin in a way you will not think of bitcoin price falling.

The second one is to average buy buying the dip. When bitcoin price fall to like $100000, you can buy bitcoin. When the price fall to like $90000, you can buy more bitcoin and do on.

The third one is lump sum when you think that bitcoin price has fallen very well, you can use the remaining part of your money to buy bitcoin.

How it works
From your 100% money you earn weekly, set 30% aside to buy bitcoin
From the 30% use just 10% from it to DCA
Use 10% to average
Use the remaining 10% which you have saved up for months to buy lump sum if bitcoin fall to like $70000.

I do not know if bitcoin will fall to $70000, but if it does not fall to that price or the price you want to lump sum, that means you still invest 20% of you money on bitcoin.

In my opinion the first and second methods are no different, the only difference is that in the second one, you described the same thing you would have to do in the first. The third method is more risky and will only work for people who are good at analyzing the market. If a person is a beginner, it will be very difficult for them to determine where exactly the market bottom is. And if they identify it incorrectly, everything will go back to the first method, when they buy too early and then continue buying as the price keeps falling. But if the initial purchase is made for a very large amount, it will be much harder to average the price later than if you were buying equal parts from the very beginning.

[DanWalker]

Each strategy has its own pros and cons, and it is our job to choose which method is best for us. Don't follow or imitate others because we are not the same. That strategy may be good and suitable for them but it does not mean it will be suitable for us.

For example, the Lum sum strategy, I see many people like and apply it but I find it not suitable for my financial situation. Instead, I chose monthly DCA because it suited my circumstances.

[Catenaccio]

The third method does not seems economical to me. I would go with lumpsum once the price dips, that like a combination of the 2nd and 3rd option.

By that you maximize the amount of money spent on bitcoin and get the maximum amount of bitcoin possible.

Even every month if you are no doing DCA, keep that alloted money separate and use it to buy coins later in lumpsum.

Waiting for price dips is hard practically even with senior and experienced investors as they can made bad predictions and price does not dip but move up more. Therefore, don't try to use this dip-purchase DCA if you don't understand it well enough and feel like you can not make market predictions quite well. Basically, DCA strategy is used for investment and accumulations without need of doing market prediction.

Why you don't simply use Quote that makes your post more easily and comfortably to read rather than using Code blocks that makes long sentences are impossible to read if I don't scroll the bar. You waste reader's time very unnecessary.

[bhadz]

So basically, the first and second one are just the same, DCA. And that example will work if you've got a huge fund for buying Bitcoin. But if you only have some average of a couple of hundreds, I think that it's best to simply decide what you think is the best strategy for that money to be spent. I have nothing against with any of it as I agree with all what OP has said but I think one reason why people sometimes are too lazy to DCA is because, the amount of money that they have ready to invest in the market isn't that much so they prefer to wait longer.

DCA is the best advise for newbies that want to start Bitcoin investment. And in my opinion I don't really have exact time of holding bitcoin anytime I have enough funds I just used it and top my investment because if you said you will wait the price to dip first before buying huge, I can says that you are just wasting the opportunity you have because the more you wait the price can be pumping and you will be missing the opportunity to be profitable in the market. What is more better is to buy when ever you have money you should just invest for the long term and set your target and just wait for your profit for the long term and you need to be patient enough an you will surly achieve your goa,l because bitcoin is always the best to invest in therm of crypto, he will always minimize your risk then other coin.

It's not a problem if someone awaits for the dip that they believe it is and then that's the only time they'll buy. Because we've got our own plans and timings for the market. If they think that it's the right time to buy at those dips, then that's likely what they're going to do and it's their time that's being spent and not us if that tactic works for them. I have no problem with that kind of strategy as it's also a way to DCA when they believe that the dip has come. But with my own strategy, as long as I have the money to buy, since I'm now long term and it doesn't matter to me if this bull run ends, I'd buy whenever my money is available to.

[Sammye3]

The financial strength of every individual is different and that would determine the type of investment strategy to use to match the standard of such individual as there would be other expenses to make aside investing too.

For me, I believe DCA is the best and that suits my standard of living because I would not need to spend more than I earn on investment which would be for a long term and not actually any left to settle other bills.

The lump sum doesn't really sit well for me because it requires to put in a huge amount rather than passive investment and that would definitely not work for me. Waiting for the dip is not a bad strategy as well but it doesn't stop you from starting to invest because it's never too late or too early.

[Obim34]

If your investment must work, make sure to balance your income and expenses then measure what you have as discretionary, what goes into emergency reserve and amount that is sufficient for investment. Don't assign just 30% of your income into Bitcoin investment, it could more or less as long it is done within your comfort.

I would share my funds into two, DCA with one part and get ready to buy into several DIPs. I don't believe lump summing can be helpful to an investor investing with a budget income.

[Fiasem20]

All the strategies are important and favourable to investors.Whatever accumulation strategy that involves waiting isn't advisable to a newbie,as a newbie you mustn't wait till the price of bitcoin drops to the bottom before you start thinking of buying.The DCA strategy is the most preferred strategy to anyone thinking of starting he's bitcoin accumulation journey, reason is because with the DCA one can accumulate Bitcoin on a consistent basis irrespective of the ups and downs of the price movement.You can only lump sum and wait for the dip when your pretty good at analyzing the price movement of bitcoin.

[aylabadia05]

Good advice starts with DCA, buying on average up to a lump sum.
DCA is the standard method I use, and many others still adhere to it when investing in Bitcoin.
This method is timeless and always relevant to any situation, especially financial ones.

If I have money allocated to buy $300 of Bitcoin every month, then with that $300, I can acquire a certain amount of Bitcoin. If I can acquire 0.002 this month, then if the price drops from this month's price next month, the amount of Bitcoin I acquire with my $300 capital can automatically increase.
This is what makes DCA so effective and relevant for various situations.