Three best ways to hold bitcoin combined.

[ChocolateBitcoinK]

A combination of regular investment and one-time investment when the opportunity arises creates a balanced strategy. In addition to buying regularly, it is good to take additional opportunities when the price falls.
However, this requires good financial management. And if someone wants, they can create additional funds to buy when the price falls. Of course, if the price falls, one will not take that opportunity with his emergency fund money or basic expenses money. Because if you do not allocate money to take additional opportunities, there may be a financial crisis.
So if someone thinks that in addition to regular investment, they can take the opportunity when the price falls, then if they want, they can allocate some extra money to meet the necessary expenses, investment money, emergency fund money, backup fund money, and then buy when the price falls.
However, it is better to buy when the price falls without having a specific goal to buy in this way.

[Ryu_Ar1]

Is it possible for poor person to be buying Bitcoin every week or every month? I have been hearing this comments from some users in this platform using DCA to buy Bitcoin every week or every month. Does it mean they don't spend money for other things. I think they are long term holder because anybody that is holding for long term have the budget to be financing the budget to be able to buy every week or every month and hold.

Of course, it is possible for poor people to invest if they have good intentions. Maybe not everyone here is from a rich family, I think there are people from poor families here, but do they invest, of course they invest. In fact, we make ourselves poor. There is no specific limit here that we have to invest within this limit. I can invest as much as I can afford, it is my personal will. Now, if I save some money from my income and invest in Bitcoin instead of wasting it, then it will be more effective for me and my investment will support me a lot in the future. So it does not matter whether we are rich or poor, if we have the desire to invest, then of course we can invest, and if we do not have the desire to invest, then even if we are rich, we cannot do it.

The opportunity is still very much there but it's up to themselves at the end of the day because although everyone has the same rights (when it comes to investing) but not everyone can do it and in the case of the poor I personally feel that self sufficiency needs to be taken into consideration here.

Investment is definitely one of the conditions for the long term to be better and by looking at this of course when we want to invest then there needs to be money that they must have at least enough income for them every month to fulfill their daily needs, savings for the medium term and investment for the long term.

If they can do this then investment can be the right thing but what happens if in the end when their daily lives are still difficult then it would be better to focus first on making their conditions better before talking about investment because forcing in a life that is still unclear where the daily needs are still difficult but forced investment is clearly not a wise choice.

[Hyphen(-)]

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.

These methods listed above are methods that can be used to accumulate Bitcoin; but the must reliable method is the DCA method because waiting for big dip before buying, or a small dip; you can not see that dip anymore which has been the prayer that some people are doing so that they can buy more when the market is dip and sell when it recovers and it is the same thing as spot trading in my opinion that’s why I always prefer the trading.

[reefsea]

If they can do this then investment can be the right thing but what happens if in the end when their daily lives are still difficult then it would be better to focus first on making their conditions better before talking about investment because forcing in a life that is still unclear where the daily needs are still difficult but forced investment is clearly not a wise choice.

I agree with this because pushing yourself will only make the situation turn out to be more complicated than imagined.

Investing is indeed an ideal thing to do to make our condition better, but at the end of the day, it cannot be forced when we are not able to do it.
Don't let future goals that want to be good be disturbed by situations that occur in everyday life where they cannot keep up with the needs they have so that this will actually interfere and ultimately make our investment slowly change its purpose because we cannot make good decisions in investing and meeting daily needs.

We have to look at our own condition first if we are able to invest without disturbing our daily needs then it should definitely be done but as long as we are struggling to make ends meet such as in terms of food and shelter then it is better to focus first on improving the situation that we should do before starting towards investing to further strengthen our finances.

[BitMaxz]

I dont think we are going to be bearish for the rest of the year and I am hopeful that we can still see new ATHs past 126k for sure. I am hoping that we can break 150k by the end of the year. Man that would be so epic, we are going to see some insane price movement in the coming years

I don't think it could happen based on the price action. If you check the CVD in a daily timeframe, more reds will show you in the chart, plus the selling volume and pressure are higher than buying. Meaning big players, or most of the holders, are selling more than buying and accumulating more compared to last year, when we saw some big pumps starting in October and lasting until December, but this time is different.

I'm not an FUD, but this is what shows me on the chart. We have different ways to analyze the chart, but to me, I added the historical data and the block halving cycle.

[Rgram]

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.

These methods listed above are methods that can be used to accumulate Bitcoin; but the must reliable method is the DCA method because waiting for big dip before buying, or a small dip; you can not see that dip anymore which has been the prayer that some people are doing so that they can buy more when the market is dip and sell when it recovers and it is the same thing as spot trading in my opinion that’s why I always prefer the trading.

One can use just any strategy in his or her Bitcoin accumulation or portfolio building but, as you going to be consistent or could you be able to accumulate a good volume of it after a long time, that’s where the problem often lies.

There are always certain constraints that would always come in the pathway of portfolio building and you need to be strong willed should there be any way to avoid all that and keep up the accumulation.

DCA strategy is one that aids in this achievement which is why, it’s the most widely taught strategy.

[r_victory]

It's always good to buy when prices are low, but if they're falling sharply for no apparent reason, it can be worrying, and perhaps it's better not to invest. Bitcoin is not a typical investment; its highly volatile nature, even if it's lower now, means that when it rises, it's a considerable increase, and the same applies when there's a drop. Don't miss the opportunity, but buy little by little, reduce your exposure. That's my opinion.

[martinex]

Not so convincing but are you actually following this strategy, although the prices are not below $100k now but bro, I don't think this strategy is good, just do DCA, buy whenever you get your salary, distribute some part into bitcoin, the one that you don't care to lose.

Don't forget to keep some funds aside before investing, like you have to manage your finances in a way that you must have some funds in your emergency, call them emergency funds, it is not savings, these funds are essential and only be used when needed most like an emergency. Not to buy in dip.

That's right, sir. This is a good message, especially for long-term investing. Tips for buying coins: don't force it when the decline hasn't reached its maximum. This is a factual and very relevant occurrence, sir. I've repeatedly seen the same pattern as you described when someone, even I myself, has experienced it myself. When I forcefully buy, the result is that instead of rising, the price gets steeper, especially as BTC continues its downward trend.

[NewRevelation]

To me, the most important thing about hodling bitcoin is your mindset and not how you choose to accumulate it. You can choose to DCA, buy the dip or buy lump sum, but if your mind is centered around short term targets, you might miss the opportunity of making good returns. Your investment might as well just be a waste of time because of the limited time given to your investment to beat volatility.

Considering the nature of bitcoin today, anyone who wants to hodl bitcoin should have a long-term mindset. That is the surest way to guarantee profitability.

You just nailed it. Ling term is the real deal here. Because wether I chose to DCA, buy the Dip or lump sum, if I don't Hodl for long, I might miss the opportunity to make good profit from bitcoin depending on when it will appreciate. Since we can't see or foretell the future price of bitcoin, people might just acquire Bitcoin, and the price begins to Dip, and if such an investor does not have long term investment mentality, he/she might just wait for a little longer, and once it appreciates a bit, they already sold out, and if eventually bitcoin price skyrockets within the next week or months, they will miss that great opportunity to make more better gain.

An investor must know that the longer we hold, the more possiblity we have to beat Bitcoin's down volatility and possibly meet a better price since over the years, it has proven a store of value if we Hodl for long. So wether we DCA, buy the dip or lump sum, we must have a plan to hold for long

[DiMarxist]

You just nailed it. Ling term is the real deal here. Because wether I chose to DCA, buy the Dip or lump sum, if I don't Hodl for long, I might miss the opportunity to make good profit from bitcoin depending on when it will appreciate. Since we can't see or foretell the future price of bitcoin, people might just acquire Bitcoin, and the price begins to Dip, and if such an investor does not have long term investment mentality, he/she might just wait for a little longer, and once it appreciates a bit, they already sold out, and if eventually bitcoin price skyrockets within the next week or months, they will miss that great opportunity to make more better gain.

An investor must know that the longer we hold, the more possiblity we have to beat Bitcoin's down volatility and possibly meet a better price since over the years, it has proven a store of value if we Hodl for long. So wether we DCA, buy the dip or lump sum, we must have a plan to hold for long

You are right long term holding is the true strength when it comes to Bitcoin and the market is too unpredictable in the short term, and without patience, it is easy to sell out too early and miss the big gains. Bitcoin has shown over the years that its real value shines with time, not with quick trade and anyone entering the market should understand that consistent holding through even when trade is bad is where real profit often lies.

[passwordnow]

What do you think about SOL, ETH, and LTC, would they go the same way eventually?

IMHO, these three altcoins are unlikely to be like the fate of luna. ETH has been in the market for so long and it has started the altcoin craze. LTC is like a brother to BTC for being labelled as the silver of bitcoin. And with SOL, I'm not impressed with it before to be honest because of many outages that it has made but it seems that the market doesn't stick to that kind of issue as long as there's a huge support from the investors and its communities, they're going to stay for as long as it can be. Well, not a problem for btc maximalists and it's okay if that's the choice they have. As for the alt investors, you're exploring but don't forget to balance your portfolios by having btc.

I check luna price and it's nothing different from what happened to Mantra, an insider the team trusted dump the coins on the market and very well, it did collapse. Like the trust of that coin is completely lost, there is nothing the team is doing now that is going to bring back the trust that is already broken but nobody is looking into the coin again, some people believed that the dump was mastermind by the team only to lie to the public about the scam.

There is always a difference between the team that launched project and survive the tension of the market and was able to reach this stage and the new teams that are launching project these days. You can't see a project that has lasted for different bull run to collapsed now, it's always the newly launched coins. Only fews are hack and scam exit but hacked are more popular due to lack of proper audit by the team or sometime it's due to the team negligence.

Those projects were known a rug pull and the developers of it have no shame at all. The mentioned projects have been there during bull runs and bear runs and that's why I think that they're established themselves already and that's to make sure that if someone wants to choose altcoins, that's should be it. Although I don't hold all of those altcoins because I am still trying to have more with Bitcoin even at these times because I believe in its future and the price that it will be which will be bigger than ever that we've got for this bull run.

[fredericktaylor]

It's always good to buy when prices are low, but if they're falling sharply for no apparent reason, it can be worrying, and perhaps it's better not to invest. Bitcoin is not a typical investment; its highly volatile nature, even if it's lower now, means that when it rises, it's a considerable increase, and the same applies when there's a drop. Don't miss the opportunity, but buy little by little, reduce your exposure. That's my opinion.

It is true that Bitcoin fluctuates rapidly in price, so it is very important to know and understand before investing in Bitcoin. It is reasonable to buy Bitcoin in small amounts consistently and hold it for the future with a long-term plan. The market can fall at any time, so don't get discouraged and buy Bitcoin according to your ability and hold it with a long-term plan, and big profits can be expected in the future. Bitcoin long-term investment system, we need to buy Bitcoin systematically and by holding it for the long term we can survive inflation.

[terrific]

It is true that Bitcoin fluctuates rapidly in price, so it is very important to know and understand before investing in Bitcoin. It is reasonable to buy Bitcoin in small amounts consistently and hold it for the future with a long-term plan. The market can fall at any time, so don't get discouraged and buy Bitcoin according to your ability and hold it with a long-term plan, and big profits can be expected in the future. Bitcoin long-term investment system, we need to buy Bitcoin systematically and by holding it for the long term we can survive inflation.

That strategy has been proven to be the best than any other. Lumpsum is also a good one for acquiring bitcoin.
But when we DCA, this is the best to be applied for long term plan. We're also free to modify how much we're going to buy and how much we'll spend.
This is a good way for those who are not earning that much but want to be invested into Bitcoin because they only have so few but they're free to buy any amount they are willing to.

[Karl_3000]

Can you see that to average is also good, bitcoin has dropped below $100000, that makes it 20% investment if you follow my strategy.

[sotelorene]

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.

Well op, I don't think lump sum is always carried out at Dip period or when the price of Bitcoin is down alone, I think it can be done anytime you have enough money in your discretionary to invest but the only advantage of purchasing at the dip is that one will purchase at cheaper price but I think that still doesn't change anything. Secondly taking out 30% of our earning to save for Bitcoin investment is kinda too much if you ask me especially for newbie and as such I want to be believe this is only for some set of people that is people with huge source of income ( people who has capacity) because 30% is really big portion and the last time I checked, Bitcoin investment money should not be taken out rather it is gotten after our needs must have been attended to ( leftover).

[As-Soon-As]

Can you see that to average is also good, bitcoin has dropped below $100000, that makes it 20% investment if you follow my strategy.

Never be aggressive in Bitcoin investment. Many people may not have money saved, but for those who have been holding Bitcoin for a long time and follow the DCA method, dips are constantly being created. However, weak investors are mainly in a hurry to sell their investments, and strong investors are mainly saving their money to buy Bitcoin. However, seeing the dumping of the current Bitcoin market, you should never rush to buy, if you are following the DCA method, then it is very important to follow the DCA method regularly.
You should remember that not every investor will buy Bitcoin on a single day, let them buy Bitcoin according to their wishes, no one should be forced.

[livingfree]

Can you see that to average is also good, bitcoin has dropped below $100000, that makes it 20% investment if you follow my strategy.

As long as it's a way to DCA, it's a good strategy and as long as you don't compromise your needs.

Never be aggressive in Bitcoin investment. Many people may not have money saved, but for those who have been holding Bitcoin for a long time and follow the DCA method, dips are constantly being created.

I think it's best to become aggressive in Bitcoin if you want to maximize your profits.

Anyone who's done that in the past have got more Bitcoins now because they've been so aggressive when they've bought and accumulated it.

The advantage is always been to the consistent ones.

[Promocodeudo]

DCA is not the reason why investor buy bitcoin and never care if the price is low or high, if you dont understand the volatility of Bitcoin the truth is that you cant be able to buy Bitcoin because that fear of volatility will still be there whenever you want to buy Bitcoin. The reason Bitcoin is a good strategy for investors is that investor can accumulate bitcoin no matter the price whenever they have the opportunity to accumulate bitcoin.  Their are people who want to use the DCA method to accumulate bitcoin but they find it difficult because they are still worried about the volatility of the market.

any investor thats prepared to invest in Bitcoin but eventually becames afraid or pissed about volatility, either lacks awareness or understanding, the reason why DCA itself exist is to beat the market status at anytime, whether the market is in dip or upsurge, anyone using DCA method is not supposed to get bothered after all he or she is investing for a long-term and it's with his or her discretionary income consistently, any investor that understands that volatility is part of Bitcoin market, will not panick or get hyper because the nature of the market can not be changed and come to think of it, people just misunderstand this volatility of a thing, it is as if they don't know that it is a two way thing, it is either favouring the dip or upsurge so why the misunderstanding.

[dezoel]

DCA is definitely best way to get bitcoin, as long as you keep doing that, you are going to profit. Instalments method is also another, I known people who buy bitcoin every single time they get paid their salary, sometimes when it's high, sometimes when it's low, but they always buy every single month, makes great return.

As long as you keep buying bitcoin and as long as you do this long enough time, you will get richer without a doubt. Known people who become millionaires that way, but took nearly a full decade, like 7-8 years. If you decide that is not for you and can't wait that long, then I am sorry but you are going to end up losing money, that is just the way things are and won't change anytime soon.

[Rockstarguy]

It's always good to buy when prices are low, but if they're falling sharply for no apparent reason, it can be worrying, and perhaps it's better not to invest. Bitcoin is not a typical investment; its highly volatile nature, even if it's lower now, means that when it rises, it's a considerable increase, and the same applies when there's a drop. Don't miss the opportunity, but buy little by little, reduce your exposure. That's my opinion.

The price of Bitcoin falling drastically has nothing to do with someone who wants to hodl Bitcoin for a longterm. The truth is that one will only be worried when the market is falling seriously if only not ready to hodl Bitcoin for a longtime but targeting to make money quick from the market . As qn investor who understand the volatility of Bitcoin it shouldn't make one to be scared of buying Bitcoin when their is opportunity to buy. It is even more better when bitcoin is acquired in the dip and if it goes dip again, if their is opportunity to buy, then do without any fear of the market.