Three best ways to hold bitcoin combined.

[WhoYouCantKill]

This is really a solid and balanced approach. You are mixing three methods that has been proven, DCA for consistency, buying the dip for better entry points, and lump sum for bigger opportunities. The best part is that you not overexposing yourself; just 30% of your income goes into Bitcoin, and around it, you just spread the risks. Even if Bitcoin won't drop to your lump sum target, you still have just built a consistent position through DCA and dip buying. Above it all it is a plan of discipline that lives emotion out and guarantees your always participating in the market not betting everything at once.

[Antotena]

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.

You are making calculations based on % and you are not considering amount of money people use to make at the end of the month. How much do you think it's reasonable for people to multiply with 10% from the 30% to but Bitcoin. An average person from my country earns less than $200 a month as their salary after tax and other things. Do you know how much they are going to buy Bitcoin, that's some fraction of Satoshi that is going to be a meaningless investment.

Any method that is going to favor you, just stick to that method. You don't have to do all this things if you have a small capital because to be sincere it's going to be discouraging if you want to buy Bitcoin and all you can do is buy some sats that aren't going to worth anything. If you know you can close your eye for the month and use half of your pay day to buy Bitcoin, do it and keep coin and when next you have anther plan, do it again. You will see that with small time you would have accumulated much Bitcoin.

[JiiBs]

The best part is that you not overexposing yourself; just 30% of your income goes into Bitcoin, and around it, you just spread the risks. Even if Bitcoin won't drop to your lump sum target, you still have just built a consistent position through DCA and dip buying.

Wouldn’t be investing 30% of your income regularly in Bitcoin be considered a little too high? Maybe it’s not an averaged value but, given that you have far other responsibilities to yourself and family, just the remaining 70% might not be enough to satisfy al that in this ever increasing economy.
Either way, should it feel good comfortable for certain individuals to build their portfolio that way, then its just as well okay.

[Floxynice]

The best part is that you not overexposing yourself; just 30% of your income goes into Bitcoin, and around it, you just spread the risks. Even if Bitcoin won't drop to your lump sum target, you still have just built a consistent position through DCA and dip buying.

Wouldn’t be investing 30% of your income regularly in Bitcoin be considered a little too high? Maybe it’s not an averaged value but, given that you have far other responsibilities to yourself and family, just the remaining 70% might not be enough to satisfy al that in this ever increasing economy.
Either way, should it feel good comfortable for certain individuals to build their portfolio that way, then its just as well okay.

Do you know that many investors allocate very high amounts from their income to bitcoin because they trust it, it is a store of value and it hedges against inflation? Right now I am DCAing and my allocation is slightly higher than 30%. People are different, many who understand the value of bitcoin will invest all their income if they have to.

[2Pizza410000BTC]

Your advice is right but to invest according to your advice, a person must have a fixed income. Those who have a good fixed income may be able to invest in this way as you said but for those who do not have a fixed income, your strategy will not work. I do not have a fixed income, I have to spend 70 to 80% of what I earn on my family and the remaining 20% ​​or 30% I may keep but when my emergency needs come, I have to sell the 20% that I have saved every month or every week and sell it to meet my urgent need. So we can do it even if we want but we need a good fixed income and for those who do not have a good fixed income, your strategy will not work much.

[Juicyhome]

Your advice is right but to invest according to your advice, a person must have a fixed income. Those who have a good fixed income may be able to invest in this way as you said but for those who do not have a fixed income, your strategy will not work. I do not have a fixed income, I have to spend 70 to 80% of what I earn on my family and the remaining 20% ​​or 30% I may keep but when my emergency needs come, I have to sell the 20% that I have saved every month or every week and sell it to meet my urgent need. So we can do it even if we want but we need a good fixed income and for those who do not have a good fixed income, your strategy will not work much.

EVen those with fixed income can be inconsistent too, to me there's no excuse for Bitcoin investment, it's all about the individual choice and patient. For the fact that you are earning money either fixed or not,  keep some amount for investment and be patient with it. Because holding of Bitcoin investment required patient and endurance.

Going by your spending it's seems your the breadwinner of your family, but regardless spend wisely,do not over spend so tomorrow you won't go broke. Family is first only when the love in the family is genuine.  I'll advise you to Reduce your spending percentage to 60%. Then use 40% for your future investment.  Family will replace you once you go broke, don't not mortgage your future because of family love.

[coolcoinz]

This strategy is like trying to do everything at once. If bitcoin goes down, you not only DCA on that month, but also spend another 10% of your monthly income that you've saved up and waiting with the other 10% for a price that you feel like it's lower than the average dip?

First of all that requires you to watch the market all day to catch the dips. You also need to keep money on exchanges all the time because you never know when the dip might occur.
Let's say it's a dip significant enough for you to buy, that means this month you've wired money 3 times to an exchange and bought in 3 batches, sending each batch to your wallet.

There are services that make DCA easy for people like you. Don't try to play the market waiting for dips, trying to catch a falling knife, as Wall Street traders like to say. Set up a monthly buy service through one of these companies and they will DCA for you and you won't have to keep sending money to an exchange.

[Churchillvv]

Combining all three strategy is very good, but then using them one after the order is also still good or using one in particular is the best which is the DCA, instead of dividing into parts and worry yourself too much of the ups and downs of bitcoin you can automate things and let it run it self buying constantly regardless of the time, day and price or even season. But yet your opinion on how to divide the 30% is genius too which I know is not new either if you go through some large threads.

[Abu-Naim]

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.

DCA method has been proven to be the best investment method that will suit people with different sources of income, no matter your wealth, the DCA method is the best investment method you invest comfortably without getting yourself into any financial trouble and you will be able to accumulate more Bitcoin regardless of the price of BTC at that moment.

The second plan you mentioned above is good, but keeping money and be expecting the price of Bitcoin to fall drastically to $70 will not be realistic and instead of keeping that money that might lose value, it is better to invest invest and keep holding, if you have more money to invest at that moment.

[Richbased]

The best part is that you not overexposing yourself; just 30% of your income goes into Bitcoin, and around it, you just spread the risks. Even if Bitcoin won't drop to your lump sum target, you still have just built a consistent position through DCA and dip buying.

Wouldn’t be investing 30% of your income regularly in Bitcoin be considered a little too high? Maybe it’s not an averaged value but, given that you have far other responsibilities to yourself and family, just the remaining 70% might not be enough to satisfy al that in this ever increasing economy.
Either way, should it feel good comfortable for certain individuals to build their portfolio that way, then its just as well okay.

30% of your income is not too high, it depends on the size of your responsibility and the size of your discretionary income and however, it must not be that 30% all the time, the amount might vary depending on the level of your discretionary income each month or each time your income arrives. Sometimes after spending money on those things that are of more importance to you, you can be left with just 20% or even 10% in your discretion which you can use to DCA. We use to think that DCA must have to do with a specified amount each time we want to invest but it doesn't work that way anymore, you can invest any amount into your DCA, the target is just to arrive at your accumulation target, it doesn't matter which strategy you employed.

[Popkon6]

Investing according to the Bitcoin DCA method is suitable for every investor. If you ask a low-income person to hold Bitcoin and continue the DCA method, it is possible for him to invest in Bitcoin, and there will be no obstacle for a high-income person to follow the Bitcoin DCA method. Because Bitcoin savings are constantly being created on the purchase price.,
 But it is best to use the DCA method by combining the three strategies you have presented here, but if an investor has enough money, he can also buy Bitcoin dips in addition to the DCA method, his portfolio will grow quickly. And it will be possible to maintain his Bitcoin investment for a long time.

[IceLincoln]

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.

Okay we’re in a deep now right? Are you buying or still waiting for further dip?…. The problem with waiting for the dip is it sometimes feels like procrastination and you might miss out on opportunities if eventually that dip doesn’t happen. I get that we all have different pockets and will choose what strategy suits us based on our financial capacity and mindset but DCA is always a good idea in almost all situations. You can’t say DCA isn’t a good idea in a bear season, if you don’t buy in a bear season consistently and regularly when else will you buy. DCA has a good Advantage over the other strategies but a good mix is perfect.

P.S: OP didn’t make mention of how to hold but to acquire bitcoin. I think he should change his title.

[BitMaxz]

Okay we’re in a deep now right? Are you buying or still waiting for further dip?…. The problem with waiting for the dip is it sometimes feels like procrastination and you might miss out on opportunities if eventually that dip doesn’t happen. I get that we all have different pockets and will choose what strategy suits us based on our financial capacity and mindset but DCA is always a good idea in almost all situations. You can’t say DCA isn’t a good idea in a bear season, if you don’t buy in a bear season consistently and regularly when else will you buy. DCA has a good Advantage over the other strategies but a good mix is perfect.

P.S: OP didn’t make mention of how to hold but to acquire bitcoin. I think he should change his title.

DCA would work if you can hold them for the long term and handle the emotions during bearish periods. I just don't want people to expect that during bearish times like this current market condition, they will think that this is the last cheapest price. If you can buy every time the price hits the support zones, then you can hit the dip price once the market shifts back to bullish.

For me, every time the price hits all supports, it should act as the dip price. DCA works if you can hold them for the long term until the next cycle. The negative impact is that since it's far from block halving, you need to deal with emotions if the price still continuously falls.
Not all people can handle their emotions. I saw some people; if they see their portfolio with a huge negative profit, they panic and end up selling their holdings at a very cheap price.
I'm not against the DCA method; I just don't want people to start using it too early because we know the cycle—there's always a bearish season in BTC.

[OcTradism]

DCA would work if you can hold them for the long term and handle the emotions during bearish periods. I just don't want people to expect that during bearish times like this current market condition, they will think that this is the last cheapest price. If you can buy every time the price hits the support zones, then you can hit the dip price once the market shifts back to bullish.

DCA is a strategy for dealing with emotion, psychology and potential negative effects which are not good for our investment decisions. It's hard for newbies to truly understand about DCA strategy and Bitcoin market, but I believe that with people who determinantly DCA in bear market months will more likely understand both DCA and Bitcoin market well, as well as are well-prepared for their investment practice from buying and holding through bear market.

They don't belong to the majority in the market as the majority are people who lack of knowledge, experience and act emotionally in this market. Therefore these people will have better chance of getting profit with their investment through DCA and holding.

[Humblevirus]

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.

You have brought a very good idea to invest in but I will say that it will not work for everyone. This is because not everyone who is a salary earner is satisfied. What they are receiving cannot take care of their needs, and it is not a good idea for someone to invest in Bitcoin without first taking care of their basic needs.If that is done, it is possible that the person will sell their Bitcoin investment at the wrong time, because when they are looking for money to solve some problems they could have avoided, they will surely sell it to meet those needs.So, it is not everyone who is a salary earner that can invest using this method and be safe enough to hold their Bitcoin investment for the long term. They are always expected to invest only from leftover money after their needs have been met.

[Uhwuchukwu53]

This advice is very crucial but 30% for me is high for an investor that wants to accumulate for long time and lack others sources of income it may result to quick sell because, life responsibility the 70% can't solve it , like most of us in the third world country if your working many responsibility are their ,  such as siblings relation and other unforseen circumstances, a percentage that one will be consistent without looking forward for quick sell is better. In my opinion 15-20%is ok as it will allow you to settle other responsibilities without having ones mind centered on the investment for quick sell.

[fuguebtc]

This advice is very crucial but 30% for me is high for an investor that wants to accumulate for long time and lack others sources of income it may result to quick sell because, life responsibility the 70% can't solve it , like most of us in the third world country if your working many responsibility are their ,  such as siblings relation and other unforseen circumstances, a percentage that one will be consistent without looking forward for quick sell is better. In my opinion 15-20%is ok as it will allow you to settle other responsibilities without having ones mind centered on the investment for quick sell.

30%, 20% or just 10%, it all depends on each person's income and daily living expenses. It doesn't have to be a fixed 30% if our income is low and the cost of living is high. On the contrary, if our income is higher than the average of everyone and we also do not have to spend much on living expenses. We can use 40-50% of our income for bitcoin investment strategy.

In my opinion, this is a pretty interesting formula but should be customized according to each person's income. It's not necessary to apply it strictly as the OP suggested.

[Karl_3000]

This advice is very crucial but 30% for me is high for an investor that wants to accumulate for long time and lack others sources of income it may result to quick sell because, life responsibility the 70% can't solve it , like most of us in the third world country if your working many responsibility are their ,  such as siblings relation and other unforseen circumstances, a percentage that one will be consistent without looking forward for quick sell is better. In my opinion 15-20%is ok as it will allow you to settle other responsibilities without having ones mind centered on the investment for quick sell.

30%, 20% or just 10%, it all depends on each person's income and daily living expenses. It doesn't have to be a fixed 30% if our income is low and the cost of living is high. On the contrary, if our income is higher than the average of everyone and we also do not have to spend much on living expenses. We can use 40-50% of our income for bitcoin investment strategy.

In my opinion, this is a pretty interesting formula but should be customized according to each person's income. It's not necessary to apply it strictly as the OP suggested.

I agree with you, people should have their own calculations but this topic will only be a suggestion. Someone that is earning less and not able to save much can alter the percentage a little.

[pawanjain]

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.

Even I think we may see a bearish season in the next year but we have got one last push to a new ATH before that.
I may be wrong but I am counting on that one last pump to sell my coins but if that doesn't happens then I might miss the opportunity to sell now.
Even the current price is good to take profits but I think there will come another catalyst that will pump bitcoin price.
We have got time until next year to accumulate a good amount in fiat so that we can buy a huge load during the dump.

[jostorres]

Investing according to the Bitcoin DCA method is suitable for every investor. If you ask a low-income person to hold Bitcoin and continue the DCA method, it is possible for him to invest in Bitcoin, and there will be no obstacle for a high-income person to follow the Bitcoin DCA method. Because Bitcoin savings are constantly being created on the purchase price.,
 But it is best to use the DCA method by combining the three strategies you have presented here, but if an investor has enough money, he can also buy Bitcoin dips in addition to the DCA method, his portfolio will grow quickly. And it will be possible to maintain his Bitcoin investment for a long time.

But, doing DCA for a low-income person is not always that easy. They will have to make a detailed budget and expect there is no sudden expense coming forth which can void their DCA entry for that specific period. For high-income individuals it is never a problem. They always have excess funds ready to invest in bitcoins and they might even automate their DCA where the funds can be automatically withdrawn into buying bitcoins on certain intervals.

I myself have missed investing sometimes while I was doing DCA because some or the other time, something will come up and I would need to divert my funds there. Starting with smaller DCA amounts can be a good suggestion from my side.