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.
Funny how this strategy actually played out.
Bitcoin is already below $70,000. Time to use your saved lump sum to buy Bitcoin. You see why I will always recommend this platform to my friends. Always giving valuable insights on how to go about investing rightly in Bitcoin. No sugarcoating. Just pure knowledge at it's peak and ready to share it to people who are willing to take instructions. GOOD JOB OP.
That's buying the dip and not Lump sum as lump sum doesn't prioritize time entry instead the availability of the money and the the investor decision to just buy Bitcoin without any special consideration of the time of market entry, Lump sum could be used at anytime but when you talk about bitcoin being below the $70k price you are buying the dip and not Lump sum. As for recommending this platform to friends that's just perfect as this place is actually one of the best place Bitcoin investment is talk about exhaustively and alot can actually be learnt no doubt.