Three best ways to hold bitcoin combined.

[PhilosopherKing]

But doing DCA strategy isn't the same thing as using lump sum strategy because in lump sum strategy the investor is using large amounts of money to buy bitcoin at once which maybe 10 times or more larger than the DCA amount.

Sure, DCA and lump sum are two different strategy; it's true that Those who engage themselves into Lump sum buying uses a large amount of money but this is not the main reason to justify that they are two different strategy because even most of the DCA guys uses a large amount of money, some DCA guys is likely to be more aggressive than most of these lump sum buyers it's vice-versa. I don't mean to dispute with you when you said in lump sum investor uses a large amount of money to buy, for me I think the reason why DCA is different from lump sum buying is because DCA has to do with steady investing that's weekly, why lump sum buying is done monthly and a guy who is serous with his or her bitcoin investment might even accumulate more than a guy who is Lump summing just within the rang of one month, i have always considered the lump sum buying as time consuming and sometimes while accumulating money to do the lump summing something irrelevant might come up and then you decide to map out some portion from your discretionary to get it and start looking for a way to refill it to enable you invest with that fixed amount, but in DCA once you figure out that you have a discretionary then you invest irrespective of the level.

Person usually do lump sum with big amount, but lump sum  can also be done with small money, and it is not a monthly strategy. What differentiate lump sum from DCa is the way they are being used. In DCa, investor will ongoingly buy consistently and for lump sum, the person buys bitcoin at once with any amount that person have. DCA is also not a weekly strategy. Dca can be done daily, every 2days weekly, monthly, every 2 months, it depends on when person have discretionary income that they can use.

[Merit.s]

Sure, DCA and lump sum are two different strategy; it's true that Those who engage themselves into Lump sum buying uses a large amount of money but this is not the main reason to justify that they are two different strategy because even most of the DCA guys uses a large amount of money, some DCA guys is likely to be more aggressive than most of these lump sum buyers it's vice-versa. I don't mean to dispute with you when you said in lump sum investor uses a large amount of money to buy, for me I think the reason why DCA is different from lump sum buying is because DCA has to do with steady investing that's weekly, why lump sum buying is done monthly and a guy who is serous with his or her bitcoin investment might even accumulate more than a guy who is Lump summing just within the rang of one month, i have always considered the lump sum buying as time consuming and sometimes while accumulating money to do the lump summing something irrelevant might come up and then you decide to map out some portion from your discretionary to get it and start looking for a way to refill it to enable you invest with that fixed amount, but in DCA once you figure out that you have a discretionary then you invest irrespective of the level.

Lump sum money comes once in a while, and you buy bitcoin with it right away. But if extra money comes regularly weekly or monthly and you are buying regularly, it's DCA. I think, I prefer weekly DCA than any other time duration.

You don't need to pile up cash to a certain amount because you want to lump sum. Rather, you lump sum with an unexpected cash that came your way and you do not have any pressing need for the money and even without the money you are fine. Examples are cash given to you as gift on your birthday or in an occasion. Money given to you at work to motivate you. You can choose to lump sum with all of it right away regardless of the price of bitcoin or share it into two parts and lump sum with one part.

Lump sum doesn't really mean it must be a big amount of money that you will use to buy at that moment.

[adultcrypto]

with the DCA you always buy the DIP when the time comes but by waiting too long before buying your bitcoin,
 

Your statement is misleading because it can be interpreted by somepeople to mean that the DCA method is another type of buying the dip. The DCA is different from buying the dip, both are different in everything so it is not necessary to place them side by side in a sentence the way you did because those who have not fully grasp the different might be confused by your statement. The  method is a continuous method that does not consider the price of bitcoin, the season, or any other factor but is just interested at getting the buy orders filled at a regular fashion defined by the investor. It can be weekly, monthly or as the investor consider to be suitable so that as soon as the time comes, a buy order is executed which will be saved for the future.

It must be emphasized that using the DCA method makes it possible for the investor to be buying even when others are shouting bull run and selling their bitcoin. It can also be continued when the market is making deep corrections or even consolidating, this is why it does not give the investor the burden of monitoring the market always because there is no interest in whatever the price is doing.

[Rabata]

If you're buying through DCA, you're technically buying the DIP as well and it's still easy for you to lump sum in the same process.

To some people came across what you said here, they might think that you aren't making sense but you're actually exhibiting what you learned from JayJuanGee which is good, when you said technically what those that finds it difficult to get your point should have looked into is how DCA method works.
If an investor can buy Bitcoin consistently without minding the market condition at any given time, what this means is that anyone acumulating with the DCA method buys both during the dip and also lumps when the funds is available, that's to say the DCA method knows no boundary, it is like the combination of all the strategy together and anyone using it doesn't have to wait for the dip which he or she will eventually encounter along the line and buy then if they want.

What I understand from what you have said is that you are implying that there is no limit to the regular buying method or that the regular buying method is a combination of all the strategies. This means that you consider regular buying to be the same as other strategies. But I want to tell you that regular buying, one-time buying and additional buying during a price drop should be seen as different strategies. They can be used together, but they are not the same thing.

Regular buying is actually buying from your ongoing cash flow or discretionary income in a specific or flexible manner. And if you buy with a large amount of money that you have on hand, it is a one-time purchase. And you can buy additional during a price drop only when you have reserve investable money. If you lump them together, newbies may misunderstand.

[Livingleged]

Person usually do lump sum with big amount, but lump sum  can also be done with small money, and it is not a monthly strategy. What differentiate lump sum from DCa is the way they are being used. In DCa, investor will ongoingly buy consistently and for lump sum, the person buys bitcoin at once with any amount that person have. DCA is also not a weekly strategy. Dca can be done daily, every 2days weekly, monthly, every 2 months, it depends on when person have discretionary income that they can use.

Absolutely right most time people always think it’s when you buy bitcoin with huge amounts that you’re lump summing but that is not true just like you’ve said you can actually be lump summing with a very small amount also but it just doesn’t make sense that you’re buying with small amount when you’re lumping because you’re not buying consistently and you’re accumulation will be very slow in building your portfolio, that is why it’s not advisable for one who have just little or small discretionary income to use the lump sum strategy. DCA strategy is the best for one who has low discretionary income.
However, the two strategies depends on once cash flow and how your income come if your income is daily you but small you can use the DCA and it will be perfect overtime it will accumulate to a reasonable amount also

[Yeesha]

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.

To an individual who earned moderate amount of money it is possible for them to invest 30% of their income, but for somebody that earn little amount of money at the end of the month it it going to be difficult for him to invest 30% in Bitcoin, unless he cut down his expenses. They shouldn't be any form of interruption or intervention in your investments, invest the money that you are not going to need anytime soon, so that you will be able to hold for a long period of time. Investing with the emergency fund is like risking your own life, because you don't know when you might find yourself in a terrible situation.

[Different patterns]

But doing DCA strategy isn't the same thing as using lump sum strategy because in lump sum strategy the investor is using large amounts of money to buy bitcoin at once which maybe 10 times or more larger than the DCA amount.

Sure, DCA and lump sum are two different strategy; it's true that Those who engage themselves into Lump sum buying uses a large amount of money but this is not the main reason to justify that they are two different strategy because even most of the DCA guys uses a large amount of money, some DCA guys is likely to be more aggressive than most of these lump sum buyers it's vice-versa. I don't mean to dispute with you when you said in lump sum investor uses a large amount of money to buy, for me I think the reason why DCA is different from lump sum buying is because DCA has to do with steady investing that's weekly, why lump sum buying is done monthly and a guy who is serous with his or her bitcoin investment might even accumulate more than a guy who is Lump summing just within the rang of one month, i have always considered the lump sum buying as time consuming and sometimes while accumulating money to do the lump summing something irrelevant might come up and then you decide to map out some portion from your discretionary to get it and start looking for a way to refill it to enable you invest with that fixed amount, but in DCA once you figure out that you have a discretionary then you invest irrespective of the level.

You make a nice point and I agree with you that both lump sum and DCA are very good strategies use to accumulate bitcoin which, the both are encouraging to accumulate bitcoin. because any investor can choose the one match their situation, the major difference is not necessarily which is the amount invested, because the lump sum and DCA investors can use the large amount to invest over time. I personally I prefer using DCA strategy because it allow for more consistent without waiting for a large amount of money first, once you have your discretionary income available with you, you can immediately convert a portion of it into bitcoin on a regular basis. This alone reduces the the temptation of spending your money in somewhere else while waiting for the next lump sum purchase.

Furthermore, as a discipline DCA investor using DCA to accumulate bitcoin faster than someone who waits months to make a lump sum purchase, although lump sum purchase also has it’s advantage, especially when someone has a   Large amount of cash available with you, but some people prefer using DCA because is simple and more practical and also faster way to build bitcoin position over a long term.

[Gost ms]

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.

To an individual who earned moderate amount of money it is possible for them to invest 30% of their income, but for somebody that earn little amount of money at the end of the month it it going to be difficult for him to invest 30% in Bitcoin, unless he cut down his expenses. They shouldn't be any form of interruption or intervention in your investments, invest the money that you are not going to need anytime soon, so that you will be able to hold for a long period of time. Investing with the emergency fund is like risking your own life, because you don't know when you might find yourself in a terrible situation.

Whether a person is a high income earner or a low or middle income earner, it is never a good idea to invest 30% of one's income. Every person needs to invest with his discretionary income. Whenever a person invests 30% of his income, if he has the required amount of money within that 30%. Then he needs that amount of money before the end of his holding period, then he has to sell his holding even if he does not have the intention to sell his investment.

We need to invest such an amount of money that we will not need in the long run. So such an amount of money can be obtained only from discretionary income. If a person is able to find discretionary income up to 50% of his income through proper financial management and reducing expenses, then he can do so. However, investing 100% of discretionary income is not at all a good idea. Because if you do not have an emergency fund, you need to create an emergency fund and keep some money aside for additional expenses.

[KeenanEl19]

To an individual who earned moderate amount of money it is possible for them to invest 30% of their income, but for somebody that earn little amount of money at the end of the month it it going to be difficult for him to invest 30% in Bitcoin, unless he cut down his expenses. They shouldn't be any form of interruption or intervention in your investments, invest the money that you are not going to need anytime soon, so that you will be able to hold for a long period of time. Investing with the emergency fund is like risking your own life, because you don't know when you might find yourself in a terrible situation.

Since the so-called moderate amount isn't certain, I think the investment amount is a bit difficult to determine, it simply depends on one's own capabilities. Even someone with a moderate income isn't necessarily able to meet their basic needs. Furthermore, if something unexpected happens that requires funds, this can be addressed with an emergency fund if you have one.

However, I agree with the bolded sentence, and if we've already invested, we should try to ensure it's not disrupted by other things. Disruptions to our investment could potentially lead to a halt, which isn't a good situation.

[Cossyblack]

Absolutely right most time people always think it’s when you buy bitcoin with huge amounts that you’re lump summing but that is not true just like you’ve said you can actually be lump summing with a very small amount also but it just doesn’t make sense that you’re buying with small amount when you’re lumping because you’re not buying consistently and you’re accumulation will be very slow in building your portfolio, that is why it’s not advisable for one who have just little or small discretionary income to use the lump sum strategy. DCA strategy is the best for one who has low discretionary income.
However, the two strategies depends on once cash flow and how your income come if your income is daily you but small you can use the DCA and it will be perfect overtime it will accumulate to a reasonable amount also

Your statement is misleading because theres nothing wrong lump summing using small a amount of money.  You can lump sum with any amount regardless of whether the money you're using is huge or small  provided it is money you can afford to lose. It isn't necessary for you to use a huge amount of money to lump sum rather the amount can be flexible depending on your capabilities.

I agree with you that Dca strategy is the best for someone who has low discretionary income because by investing consistently with it regardless of the price you will grow your bitcoin portfolio faster than a lump sum investor with a low discretionary income but it also doesn't not mean a lump sum investor cannot reach his accumulating target simply because his discretionary income is low. Yes he can but it will take longer time.

[Crakryptvest]

Absolutely right most time people always think it’s when you buy bitcoin with huge amounts that you’re lump summing but that is not true just like you’ve said you can actually be lump summing with a very small amount also but it just doesn’t make sense that you’re buying with small amount when you’re lumping because you’re not buying consistently and you’re accumulation will be very slow in building your portfolio, that is why it’s not advisable for one who have just little or small discretionary income to use the lump sum strategy. DCA strategy is the best for one who has low discretionary income.
However, the two strategies depends on once cash flow and how your income come if your income is daily you but small you can use the DCA and it will be perfect overtime it will accumulate to a reasonable amount also

I will only agree with this if JayJuanGee clears this, I don't get your point, the lump sum that I know doesn't happen on regular bases and that's because the amount for lump some is not small and if what you said is correct that's to say that the DCA method that is done on a regular bases with our discreationary income consistently should be considered as lump sum, I don't think that you're right in this statement check back and correct yourself so that you won't mislead those that may not understand this, there is much confusion in most of the things you pen down here.

[Halifat]

Absolutely right most time people always think it’s when you buy bitcoin with huge amounts that you’re lump summing but that is not true just like you’ve said you can actually be lump summing with a very small amount also but it just doesn’t make sense that you’re buying with small amount when you’re lumping because you’re not buying consistently and you’re accumulation will be very slow in building your portfolio, that is why it’s not advisable for one who have just little or small discretionary income to use the lump sum strategy. DCA strategy is the best for one who has low discretionary income.
However, the two strategies depends on once cash flow and how your income come if your income is daily you but small you can use the DCA and it will be perfect overtime it will accumulate to a reasonable amount also

I will only agree with this if JayJuanGee clears this, I don't get your point, the lump sum that I know doesn't happen on regular bases and that's because the amount for lump some is not small and if what you said is correct that's to say that the DCA method that is done on a regular bases with our discreationary income consistently should be considered as lump sum, I don't think that you're right in this statement check back and correct yourself so that you won't mislead those that may not understand this, there is much confusion in most of the things you pen down here.

I agree with what you have said because it looks like he did not understand the definition of lump sum. Lump sum is not a salary payment or any frequently payment that occur all the time but it is a single payment that is not done often like salaries. Lump sum are usually payment made once at a time just like an inheritance, retirement savings etc, they are the amount paid once but not installment into a small amount.

When the money is lump sum,  I don't consider it to be used as DCA strategies again because it comes in a single payment and the only thing that is required to do with such amount is to make sure that all the necessary bills are removed so that we can see it as a discretionary income so that it can be used for bitcoin investment.

It is not possible to call your DCA strategy as a lump sum, because it all happened in series and also frequently, they are not a single payment that was made. DCA Is done repeatedly if the Investor is consistent with this investment and all is done using a discretionary income.

[Ruttoshi]

Absolutely right most time people always think it’s when you buy bitcoin with huge amounts that you’re lump summing but that is not true just like you’ve said you can actually be lump summing with a very small amount also but it just doesn’t make sense that you’re buying with small amount when you’re lumping because you’re not buying consistently and you’re accumulation will be very slow in building your portfolio.

You are contradicting your statement because you said that you can lump sum with little amount of money which is true. Why are you now saying that it doesn't make sense to you to lump sum with little amount of money. If you don't have a regular discretionary income, you can lump sum whenever, you have your discretionary income that comes once in a while, why you work on improving your income by getting a second means of income in order to enable you DCA because in DCA consistency is the key to fast growth of your bitcoin stash.

that is why it’s not advisable for one who have just little or small discretionary income to use the lump sum strategy. DCA strategy is the best for one who has low discretionary income.
However, the two strategies depends on once cash flow and how your income come if your income is daily you but small you can use the DCA and it will be perfect overtime it will accumulate to a reasonable amount also

If you have a regular discretionary income, small or large DCA is the best especially, as a brand new investor and not lump sum because you are fit to DCA regularly weekly. However, as you're DCAing and an extra cash comes your way which you didn't expect and never had any plans on, you can use the money to lump sum right away or share it into two parts irrespective of the amount and the price of bitcoin at that moment.

[JayJuanGee]

To an individual who earned moderate amount of money it is possible for them to invest 30% of their income, but for somebody that earn little amount of money at the end of the month it it going to be difficult for him to invest 30% in Bitcoin, unless he cut down his expenses. They shouldn't be any form of interruption or intervention in your investments, invest the money that you are not going to need anytime soon, so that you will be able to hold for a long period of time. Investing with the emergency fund is like risking your own life, because you don't know when you might find yourself in a terrible situation.

Since the so-called moderate amount isn't certain, I think the investment amount is a bit difficult to determine, it simply depends on one's own capabilities. Even someone with a moderate income isn't necessarily able to meet their basic needs. Furthermore, if something unexpected happens that requires funds, this can be addressed with an emergency fund if you have one.

However, I agree with the bolded sentence, and if we've already invested, we should try to ensure it's not disrupted by other things. Disruptions to our investment could potentially lead to a halt, which isn't a good situation.

An overwhelming majority of normal people struggle to even consistently invest 10% of their income into anything, so surely 30% would be a relatively high amount of investment for any normal person to sustain as a regular investment amount, whether in bitcoin or anything else.

Absolutely right most time people always think it’s when you buy bitcoin with huge amounts that you’re lump summing but that is not true just like you’ve said you can actually be lump summing with a very small amount also but it just doesn’t make sense that you’re buying with small amount when you’re lumping because you’re not buying consistently and you’re accumulation will be very slow in building your portfolio, that is why it’s not advisable for one who have just little or small discretionary income to use the lump sum strategy. DCA strategy is the best for one who has low discretionary income.
However, the two strategies depends on once cash flow and how your income come if your income is daily you but small you can use the DCA and it will be perfect overtime it will accumulate to a reasonable amount also

Your statement is misleading because theres nothing wrong lump summing using small a amount of money.  You can lump sum with any amount regardless of whether the money you're using is huge or small  provided it is money you can afford to lose. It isn't necessary for you to use a huge amount of money to lump sum rather the amount can be flexible depending on your capabilities.

I agree with you that Dca strategy is the best for someone who has low discretionary income because by investing consistently with it regardless of the price you will grow your bitcoin portfolio faster than a lump sum investor with a low discretionary income but it also doesn't not mean a lump sum investor cannot reach his accumulating target simply because his discretionary income is low. Yes he can but it will take longer time.

DCA and lump sum are similar concepts, since they both could be used as a description for investing right away with money as it comes available.

One of the reasons that DCA tends to be way more practical for a large majority of normies is because normies do not tend to have lump sum amounts of value that is lying around in which they are ready, willing and/or able to invest into bitcoin, so it tends to be way more practical to figure out some amount of value that they are able to authorize from their income as it comes in each week or month or whenever they happen to receive money.

Guys might have lump sum amounts that could be available to invest into bitcoin (or into whatever other investment), yet they have to think about it and to ultimately authorize that value to be moved into bitcoin, and even if a person might have some lump sum amount that he later authorizes to invest into bitcoin, he might purposefully choose to consider each of the three categories of 1) buy right away 2) defer by time (aka DCA) and/or 3) defer by price (buy on dips that might not happen).

Absolutely right most time people always think it’s when you buy bitcoin with huge amounts that you’re lump summing but that is not true just like you’ve said you can actually be lump summing with a very small amount also but it just doesn’t make sense that you’re buying with small amount when you’re lumping because you’re not buying consistently and you’re accumulation will be very slow in building your portfolio, that is why it’s not advisable for one who have just little or small discretionary income to use the lump sum strategy. DCA strategy is the best for one who has low discretionary income.
However, the two strategies depends on once cash flow and how your income come if your income is daily you but small you can use the DCA and it will be perfect overtime it will accumulate to a reasonable amount also

I will only agree with this if JayJuanGee clears this, I don't get your point, the lump sum that I know doesn't happen on regular bases and that's because the amount for lump some is not small and if what you said is correct that's to say that the DCA method that is done on a regular bases with our discreationary income consistently should be considered as lump sum, I don't think that you're right in this statement check back and correct yourself so that you won't mislead those that may not understand this, there is much confusion in most of the things you pen down here.

I am not sure if I am going to be helpful since it seems to me that Lump sum and DCA don't really differ very much from themselves, especially if they are thought about authorizing certain amounts of discretionary funds to invest in bitcoin as the funds come available.  Other guys have talked about the similarity of lump sum and DCA, especially in the context of how we think about money as it is coming in.

So sometimes our discretionary funds are similar amounts each week or month, and other times we might have a lot of variation in our income and/or our expenses, so the extent to which we might try to choose to be consistent with our bitcoin investments by buying a certain amount of bitcoin on a periodic basis becomes a personal choice about regularity but does not really cause the amounts to be either DCA or lump sum merely based on how we choose to label our purchase(s).

Frequently, I proclaim that beginners to bitcoin should try to invest as aggressively as they can into bitcoin without overdoing it, so in that sense, I am a pretty big fan of both weekly buys but also monitoring discretionary income as it comes in so that weekly buys might be sufficiently aggressive.. yet at the same time, if a guy is really new to bitcoin, he may well also need to dedicate some of his weekly discretionary income to both savings (back up funds) and discretionary consumption, so even if he might be purposefully trying to be stingy in his weekly discretionary consumption so that he will regularly have more funds available to be able to buy bitcoin and to build up his back up funds, he might still realize that he is going get himself into a lot of trouble with his social relations and other normal aspects of his life that benefit him in several ways if he accomplishes being overly stingy in his weekly discretionary consumption.

My point is that we have to try to be reasonable in our own attempts to both be realistic in how we are spending our discretionary funds, even if we are trying to prioritize both our bitcoin buying and the building of our back up funds, and yeah, if we have a lot of variance in our discretionary income due to fluctuations in our income and/or fluctuation in our expenses, that is not necessarily a bad thing especially if we are otherwise figuring out ways to have decent allocations for bitcoin buying on a fairly regular basis whether weekly or otherwise.

Another thing that we might experience, from time to time, is extra cash coming in or even ways to save money that has the same result of producing extra discretionary funds to be available.  We could label those instances as DCA funds available or lump sum funds coming available based on our own considerations about how much value fits for each category, yet if we do that, there may well be quite a bit of arbitrariness in terms of what we call it and/or how we want to label those extra funds that we had decided to authorize for bitcoin purchases.

[MarjorieZimmermanGinger]

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 way it works is very simple, but the impact can be much greater when someone can consistently maintain the pattern you described. I personally made this adjustment when I first learned about Bitcoin, but the downside was not using 10% for DCA because at that time, the DCA strategy wasn't well-known and not many people were using it. Now, I'm starting to take the same approach and it's quite effective for anyone, especially those of us who don't have a large income from work.

When this concept is implemented consistently, anyone can be sure of investment success because every budget item we use is used according to needs, allowing us to maximize investment potential under any price conditions. This is quite interesting to implement because we want investments to run optimally and assets to grow steadily.

[CageMabok]

...

The way it works is very simple, but the impact can be much greater when someone can consistently maintain the pattern you described. I personally made this adjustment when I first learned about Bitcoin, but the downside was not using 10% for DCA because at that time, the DCA strategy wasn't well-known and not many people were using it. Now, I'm starting to take the same approach and it's quite effective for anyone, especially those of us who don't have a large income from work.

Hopefully, you can be as consistent as other investors in buying Bitcoin using this method, especially now that the Bitcoin price has begun to correct significantly. I don't know exactly what's happening now that's causing Bitcoin's price to experience such a significant drop. But if we look back, at least since the World Cup began, I've seen Bitcoin's price consistently drop, as in 2018 and 2022. This year, with the tournament just around the corner, Bitcoin's price has begun to decline. However, this will certainly be welcomed by new investors, as they'll be willing to buy at the current price, even though there's been recent news that Saylor has sold some of his previously held Bitcoin.

When this concept is implemented consistently, anyone can be sure of investment success because every budget item we use is used according to needs, allowing us to maximize investment potential under any price conditions. This is quite interesting to implement because we want investments to run optimally and assets to grow steadily.

The DCA concept is still quite popular with many people, especially those with smaller incomes but who always have a strong desire to buy Bitcoin. I'm still applying this approach in my current situation, although I can't say it's been consistent enough, but at least I'm still trying to follow that path. I've come to believe that if someone gets used to buying and investing before they're rich, then when they are, their investment amounts will naturally be much larger because their desires are already mature enough.

[liasbaa]

The DCA concept is still quite popular with many people, especially those with smaller incomes but who always have a strong desire to buy Bitcoin. I'm still applying this approach in my current situation, although I can't say it's been consistent enough, but at least I'm still trying to follow that path. I've come to believe that if someone gets used to buying and investing before they're rich, then when they are, their investment amounts will naturally be much larger because their desires are already mature enough.

There are many reasons why DCA is so popular one of which is its universality. A poor investor with a weekly discretionary income of $10 can accumulate Bitcoin and a corporate holder with a $100k Bitcoin is also following a method. It is inspiring for retail investors that they are Bitcoin in imitation of a large Bitcoin holding organization and that they are adopting long term strategy.
Another reason to be tempted by Bitcoin accumulation is that if you cannot be consistent, it does not force you to invest for any specific reason. It allows you to determine the accumulation strategy in accordance with your income.

In case of inconsistency there may be many investors like you but they did not give up. Later those investors have been involved in trying to be consistent in Bitcoin accumulation and this is a strategy for long term investment success.

[Sticky Bomb]

I've come to believe that if someone gets used to buying and investing before they're rich, then when they are, their investment amounts will naturally be much larger because their desires are already mature enough.

This is true, it is more like making consistent investing a habit and seeking out opportunities to increase discretionary income and buy amounts correspondingly, when it is a habit already and the investor's income increases significantly, it would be easier to increase buying amount and even aggressiveness since increase in income doesn't necessarily mean increase in expenses if we don't automatically inflate our expenses to match the corresponding increase in our income. If the investor can maintain his expenses as it is or tolerate some slight increase due to some expectations that come with increased income, especially when one is married, there would be enough discretionary income to increase buying amount as well as aggressiveness in bitcoin.

[KeenanEl19]

To an individual who earned moderate amount of money it is possible for them to invest 30% of their income, but for somebody that earn little amount of money at the end of the month it it going to be difficult for him to invest 30% in Bitcoin, unless he cut down his expenses. They shouldn't be any form of interruption or intervention in your investments, invest the money that you are not going to need anytime soon, so that you will be able to hold for a long period of time. Investing with the emergency fund is like risking your own life, because you don't know when you might find yourself in a terrible situation.

Since the so-called moderate amount isn't certain, I think the investment amount is a bit difficult to determine, it simply depends on one's own capabilities. Even someone with a moderate income isn't necessarily able to meet their basic needs. Furthermore, if something unexpected happens that requires funds, this can be addressed with an emergency fund if you have one.

However, I agree with the bolded sentence, and if we've already invested, we should try to ensure it's not disrupted by other things. Disruptions to our investment could potentially lead to a halt, which isn't a good situation.

An overwhelming majority of normal people struggle to even consistently invest 10% of their income into anything, so surely 30% would be a relatively high amount of investment for any normal person to sustain as a regular investment amount, whether in bitcoin or anything else.

I agree with you, investing a certain percentage of our income will be hard if it's not the norm, even with as you said, even 10% is not easy to set aside in any case. Not to mention that sometimes there are unexpected expenses and it becomes an additional expense that should not have been expected.

I myself set aside the amount of money that I can afford to invest but I set the minimum amount, I will buy bitcoin in the time I set as long as it is not less than the amount I have set.

DCA and lump sum are similar concepts, since they both could be used as a description for investing right away with money as it comes available.

One of the reasons that DCA tends to be way more practical for a large majority of normies is because normies do not tend to have lump sum amounts of value that is lying around in which they are ready, willing and/or able to invest into bitcoin, so it tends to be way more practical to figure out some amount of value that they are able to authorize from their income as it comes in each week or month or whenever they happen to receive money.

Guys might have lump sum amounts that could be available to invest into bitcoin (or into whatever other investment), yet they have to think about it and to ultimately authorize that value to be moved into bitcoin, and even if a person might have some lump sum amount that he later authorizes to invest into bitcoin, he might purposefully choose to consider each of the three categories of 1) buy right away 2) defer by time (aka DCA) and/or 3) defer by price (buy on dips that might not happen).

I buy bitcoin on a monthly basis because I adjust it to the time I receive money from my job. With the amount that I have determined I do it and it certainly does not affect my finances so disturbed especially since I previously fulfilled my personal needs first. And I do it with the DCA strategy because it's true what you said it tends to be much more practical.
 
And with the last point, the third point, it is not recommended, even though it is the right moment to buy but as you said. By considering before acting is a good thing, but if you are already familiar with investing with the DCA strategy then I don't think there is a need for deep consideration.

[Doan9269]

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.

Despite all your strategy and the ability to afford investing in Bitcoin, you cannot afford to still lose by selling you asset when the unforcing circumstances arises after you must have invested, hence there should be an alternative plan to set in place, so that you can continue bro hold without selling, I'm still find a means to lend or meet up here demand from other liquidity source, services like this are more reliable and quick as long as you wanted to avoid selling your bitcoin and continue as an investor that hold, since your plan to investing in Bitcoin is to make profit and you can always achieve this go by various means.