Buy Buy Buy or Sell Sell Sell?

[Sticky Bomb]

I have two sets of funds.

One for buying dip

One for real issues whatever those issues are.


Today I purchased dip.

What if buying the dip turns into a real issue? Which account are you using then or justify to make use of?

Buying the dip will never be an issue if you program your discrentionary income very well.
I can spare money for parties, and recreational activities in other to buy the dip.
Except your income stops coming perhaps you quit your job, get sacked or stop having client in your business. Only then can buying on dip be limited.

Just as you have said buying at the dip with some viable strategy it is not advisable to make if you have a well planned discretionary income you can take advantage  of the market downturn without compromising your stability, and also your points about income continuity is not advisable as long as your income remains steady one can continue to buy at the dip season  however if one's income is determined due joblessness, business turn down it advisable for them to reassess your income priorities and quickly make your adjustments income strategy accordingly.

There are so many things that is making some people not to buy BTC anytime, when some people have financial issues and it will be difficult for them to be stability in buying BTC on the time because they have other bills they need to settle to make sure there is peace at home. Some feel the dip will allow them to buy plenty of BTC and hodl because they know that the price has drop for those who don't have enough money to use the period to buy as much they want.

The bear run people are waiting to see before they will be move massively is no longer far from the market, you can still wait before the end of this month before you buy because there are some good information analyst that the price of BTC will still drop to enter $$70k soon.

Firstly, waiting explicitly for the dip is very wrong for a low-coiner and a no-coiner. It shows lack of dedication and consistency in their ongoing accumulation journey.

If I read well, you're already waiting for the bear run and predicting it to be month-end before making purchases? What if the predicted price drop doesn't come by? You'll wait for another prediction and on goes your speculation. I think you're just gambling on the price of BTC. You're already allowing the noise from the media and influencers interfere with your rational judgement in your accumulation journey and it's making you indecisive. This indecision can compromise your accumulation journey and it's already threatening your commitment and dedication to consistently accumulating BTC, what a shame!!. I bet very soon you'll be targeting short-term profits too since your mindset towards accumulating Bitcoin is now porus.

You're gradually shifting your mentality, if not totally from that of an investor to that of a trader . Those who gamble with Bitcoin prices instead of focusing on their ongoing accumulation journey are more likely to record a low success rate in their accumulation journey if at all they record any success on the long-run.

[Mr Reporter]

I have two sets of funds.

One for buying dip

One for real issues whatever those issues are.


Today I purchased dip.

What if buying the dip turns into a real issue? Which account are you using then or justify to make use of?

Buying the dip will never be an issue if you program your discrentionary income very well.
I can spare money for parties, and recreational activities in other to buy the dip.
Except your income stops coming perhaps you quit your job, get sacked or stop having client in your business. Only then can buying on dip be limited.

Just as you have said buying at the dip with some viable strategy it is not advisable to make if you have a well planned discretionary income you can take advantage  of the market downturn without compromising your stability, and also your points about income continuity is not advisable as long as your income remains steady one can continue to buy at the dip season  however if one's income is determined due joblessness, business turn down it advisable for them to reassess your income priorities and quickly make your adjustments income strategy accordingly.

There are so many things that is making some people not to buy BTC anytime, when some people have financial issues and it will be difficult for them to be stability in buying BTC on the time because they have other bills they need to settle to make sure there is peace at home. Some feel the dip will allow them to buy plenty of BTC and hodl because they know that the price has drop for those who don't have enough money to use the period to buy as much they want.

The bear run people are waiting to see before they will be move massively is no longer far from the market, you can still wait before the end of this month before you buy because there are some good information analyst that the price of BTC will still drop to enter $$70k soon.

Firstly, waiting explicitly for the dip is very wrong for a low-coiner and a no-coiner. It shows lack of dedication and consistency in their ongoing accumulation journey.

If I read well, you're already waiting for the bear run and predicting it to be month-end before making purchases? What is the proposed price drop doesn't come? You'll wait for another prediction and on goes your speculation. I think you're just gambling on the price of BTC. You're already allowing the noise from the media and influencers interfere with your rational judgement in your accumulation journey and it's making you indecisive. This indecision can compromise your accumulation journey and it's already threatening your commitment and dedication to consistently accumulating BTC, what a shame!!. I bet very soon you'll be targeting short-term profits too since your mindset towards accumulating Bitcoin is now porus.

You're gradually shifting your mentality, if not totally from that of an investor to that of a trader . Those who gamble with Bitcoin prices instead of focusing on their ongoing accumulation journey are more likely to record a low success rate in their accumulation journey if at all they record any success on the long-run.

You me or any investor who intentionally pretends to wait for the dip season is his not an long terms investor but just a gambler just as you have said waiting for the dip can indicate lack of commitment to consistent accumulation, relying on the prediction an waiting for the market downturn can lead to speculate and gambling rather than informed investing from long term investors sticking to consistent accumulation plan,regardless the market downturn helps you to be consistent and discipline.

[Emjay24]

There is nothing wrong with your description of your strategy, which seems to be a combination of buying on the dip and DCA, yet you have ONLY been registered on the forum for a year, and so are you saying that you have been employing your strategy for longer?  Did you get involved in bitcoin before registering on the forum?  

It is good that guys share their strategies based on experiences which might help other forum members to figure out it they might want to tweak their strategies or maybe to disagree with your strategy, if it might seem that you are describing strategies that might not be as great as you seem to be making them out to be.

For example, beginner bitcoin investors may well not be in a good position to be overly employing buying on the dip rather than just buying regularly, persistently and consistently.  Surely if there are situations that you have a lot of discretionary income or you have various other resources to draw upon, then you may well have more options than someone who might be solely relying on his income and who also might still be in the process of building up and maintaining his emergency fund (and other kinds of back up funds).

I totally agree with you here. There is nothing absolutely wrong when an investor chooses to combine buying on the dip, and DCA.

Yes it may be right that when an investor decides to make these two together in DCA and Dip, it may not be wrong but whenever an investor is looking forward to buying only during the dip, this will certainly create misconceptions about the progress of his investment. So in my opinion, whether the investor is small or larger, it should be focused on buying Bitcoin Immediately or regularly in a straight way, then try to take the opportunities in the market. In fact there is a saying in our country that people accept pitch at low prices or even for free. In fact the true essence of this proverb for us is to get more for less, that is make good use of the opportunity and here it is my purpose to mention that we will purchase Bitcoin at a low price but it is necessary to maintain DCA in investment.

We all know that the best way to invest is the DCA method, And specifically for Bitcoin investing, only the DCA approach can create the greatest potential in the long term. That's why it is never good to invest only by waiting for the DIP price, or to invest only aggressively. Because price fluctuations never go as expected, the price that an investor waits for may never come, so instead of waiting for the right price, the best investment strategy is to plan a series of investments in DCA, and besides, buying more bitcoins by exploiting the market upswing correctly, it creates more profit potential.

I'm sorry there's no best accumulation strategy, every investor employs a strategy that suits him and his finances, and/or his level in his accumulation journey. There are three accumulation strategies

• Lump sum
• DCA
• Buy the dip

All the are valid accumulation strategies. Now talking about strategy that create the best long-term potential, all of them does that if employed properly. For example, an that have high discretionary income and lump summed and bought 3BTC when Bitcoin was $16k spent only $48k, if that was his accumulation target, his investment is now worth 252k+, and that's more than 5x, the value could be more on the long-run which makes his investment have long-term potential.

DCA is for those who don't have much discretionary income available and also those who wants to invest periodically to smoothen the effect of volatility on their investments. If followed consistently, you would still achieve good success with reference to your accumulation target, although it would take a longer time. This still has great potentials in the long-run.

Buying the dip is an opportunity to accumulate Bitcoin at lower prices, it's a good strategy to get more quantity, although waiting for the dip only is a bad strategy for people who have not accumulated much Bitcoin and those who are yet to start their accumulation journey as that may mean gambling on Bitcoin price rather than being a committed investor and many of such gamblers may end up not investing at all if their anticipated dip does not show up.

[Barikui1]

We all know that the best way to invest is the DCA method, And specifically for Bitcoin investing, only the DCA approach can create the greatest potential in the long term. That's why it is never good to invest only by waiting for the DIP price, or to invest only aggressively. Because price fluctuations never go as expected, the price that an investor waits for may never come, so instead of waiting for the right price, the best investment strategy is to plan a series of investments in DCA, and besides, buying more bitcoins by exploiting the market upswing correctly, it creates more profit potential.

I'm sorry there's no best accumulation strategy, every investor employs a strategy that suits him and his finances, and/or his level in his accumulation journey. There are three accumulation strategies

• Lump sum
• DCA
• Buy the dip

This is where you are wrong, all Bitcoin accumulating strategy are quite ok but their is a strategy that supercede the rest, which is the DCA accumulating strategy, because buy using it to accumulate Bitcoin, you buy at every price interval, and even the lowest part of the dip that someone using lumps sum or buying the dip might miss, and it increase your stash faster than the rest.

DCA is for those who don't have much discretionary income available

Says who?
Who told you that DCA accumulating strategy is only being used by low income earners or a low coiner?
The DCA accumulating strategy can be used by anyone, it's not tied up to a certain set's of people, the earlier you understand that the better.

Buying the dip is an opportunity to accumulate Bitcoin at lower prices, it's a good strategy to get more quantity,

It's true that buying the dip is very good because you will have to buy a lot of unit of Bitcoin at a cheaper price, but it's an opportunity that doesn't comes often, so waiting for it before making a purchase is really not good because you are going to miss a whole lot of buying opportunities that may never come again.

So in essence of what am trying to say is that the DCA accumulating strategy supercedes the rest of other accumulating strategy because it can be used by everyone and equally be even more effective than the lumps sum and buying only the dip strategy, because you will buy even the lowest part of the dip that someone using lumps sum and buying only the dip strategy might miss because he or she taught that the price might dip further, so their is no accumulating strategy that supercede the DCA accumulating strategy.

[Emjay24]

DCA is for those who don't have much discretionary income available

Says who?
Who told you that DCA accumulating strategy is only being used by low income earners or a low coiner?
The DCA accumulating strategy can be used by anyone, it's not tied up to a certain set's of people, the earlier you understand that the better.

Perhaps if you were not so fast to correct an impression or at least have taken time to read with understanding, you would've observed the meaning in the second part of my sentence quoted below

DCA is for those who don't have much discretionary income available and also those who wants to invest periodically to smoothen the effect of volatility on their investments

There was a second condition there which includes those with much discretionary income available, but wish to smoothen the effect of Bitcoin volatility on their in investment.

DCA has this unique feature that it accommodate everybody with various quantities of discretionary income and allows slow and steady approach to acquisition of Bitcoin. More like spreading what you could've bought once across a longer period of time to achieve it. Taking reference from my example above, you'll see that the guy that lump summed and got 3BTC can never be compared in profits to the other guy buying $100 weekly from early 2023 when Bitcoin was $16k until now. The guy who bought with lump sum is leading, which makes the accumulation strategy very much valid.

There's no accumulation process that's more effective than the other when employed correctly, the goal is to buy more Bitcoin and enlarge your portfolio and most importantly having a long-term holding plan.

[Cossyblack]

I have two sets of funds.

One for buying dip

One for real issues whatever those issues are.


Today I purchased dip.

What if buying the dip turns into a real issue? Which account are you using then or justify to make use of?

Buying the dip will never be an issue if you program your discrentionary income very well.
I can spare money for parties, and recreational activities in other to buy the dip.
Except your income stops coming perhaps you quit your job, get sacked or stop having client in your business. Only then can buying on dip be limited.

Just as you have said buying at the dip with some viable strategy it is not advisable to make if you have a well planned discretionary income you can take advantage  of the market downturn without compromising your stability, and also your points about income continuity is not advisable as long as your income remains steady one can continue to buy at the dip season  however if one's income is determined due joblessness, business turn down it advisable for them to reassess your income priorities and quickly make your adjustments income strategy accordingly.

For an investor who's accumulating/buying bitcoin consistently and weekly using DCA strategy should see the Dip as an advantage because at that moment he will be accumulating more bitcoin faster at a considerable cheaper rate. Bitcoin Dips shouldn't be a problem for an investor using DCA strategy,it's doesn't affect his plans of buying bitcoin weekly as long his financial streams of income is still flowing and still remain intact, and his Emergency funds is available and enough to support him in case of any emergency situation rises in the future. At this moment the investor plans to Hodl for a long term for at least 10 - 15years remains resolute  and achievable.

DCA is for those who don't have much discretionary income available

I disagree with you on this, investing in Bitcoin is not cheap as DCA isn't for those that are low in come rather Investor Using DCA prefer it because it's the best strategy that align with their investment plans to accumulate Bitcoin.

[Stormisover]

DCA is for those who don't have much discretionary income available

Says who?
Who told you that DCA accumulating strategy is only being used by low income earners or a low coiner?
The DCA accumulating strategy can be used by anyone, it's not tied up to a certain set's of people, the earlier you understand that the better.

Perhaps if you were not so fast to correct an impression or at least have taken time to read with understanding, you would've observed the meaning in the second part of my sentence quoted below

DCA is for those who don't have much discretionary income available and also those who wants to invest periodically to smoothen the effect of volatility on their investments

There was a second condition there which includes those with much discretionary income available, but wish to smoothen the effect of Bitcoin volatility on their in investment.

DCA has this unique feature that it accommodate everybody with various quantities of discretionary income and allows slow and steady approach to acquisition of Bitcoin. More like spreading what you could've bought once across a longer period of time to achieve it. Taking reference from my example above, you'll see that the guy that lump summed and got 3BTC can never be compared in profits to the other guy buying $100 weekly from early 2023 when Bitcoin was $16k until now. The guy who bought with lump sum is leading, which makes the accumulation strategy very much valid.

There's no accumulation process that's more effective than the other when employed correctly, the goal is to buy more Bitcoin and enlarge your portfolio and most importantly having a long-term holding plan.

You are right, their is a unique functionality in all of the accumulation strategies or process if appreciately make use of it in such a way that neither your investment nor your other areas of life is lacking, for DCA, I also have this believe that there can be those who have a lump sum amount to invest but may decide to to DCA conservatively base on their level of doubt and confident about the market that they are yet to be familiar with.

[POPOLUV]

DCA is for those who don't have much discretionary income available

I'm really short of words because it should be only newbie should think of this, that dollar cost average is for those that have not much discretionary income available, there is something that you have forgotten in Bitcoin investments and accumulating that there is many strategies in which many investors make use of, so it depends the particular one you think is suitable for you, than you saying that DCAing is for those that has lesser income available, why most investors engage in dollar cost averaging because this strategy or mothed gives every investors to invest at any given time without waiting for dip before buying.

[Spaceman1000$]

DCA is for those who don't have much discretionary income available

Says who?
Who told you that DCA accumulating strategy is only being used by low income earners or a low coiner?
The DCA accumulating strategy can be used by anyone, it's not tied up to a certain set's of people, the earlier you understand that the better.

Perhaps if you were not so fast to correct an impression or at least have taken time to read with understanding, you would've observed the meaning in the second part of my sentence quoted below

DCA is for those who don't have much discretionary income available and also those who wants to invest periodically to smoothen the effect of volatility on their investments

There was a second condition there which includes those with much discretionary income available, but wish to smoothen the effect of Bitcoin volatility on their in investment.

DCA has this unique feature that it accommodate everybody with various quantities of discretionary income and allows slow and steady approach to acquisition of Bitcoin. More like spreading what you could've bought once across a longer period of time to achieve it. Taking reference from my example above, you'll see that the guy that lump summed and got 3BTC can never be compared in profits to the other guy buying $100 weekly from early 2023 when Bitcoin was $16k until now. The guy who bought with lump sum is leading, which makes the accumulation strategy very much valid.

There's no accumulation process that's more effective than the other when employed correctly, the goal is to buy more Bitcoin and enlarge your portfolio and most importantly having a long-term holding plan.

You are right, their is a unique functionality in all of the accumulation strategies or process if appreciately make use of it in such a way that neither your investment nor your other areas of life is lacking, for DCA, I also have this believe that there can be those who have a lump sum amount to invest but may decide to to DCA conservatively base on their level of doubt and confident about the market that they are yet to be familiar with.

Of course if you're not too familiar with the market and you feel there is a need for you to be careful about your investment plan, then you can DCA for a period of time, if your convenient with the strategy you can actually increase your DCA amount haven built confidence. There's no doubt about the fact that every accumulative strategy has its own advantage, but why most persons prefer the DCA pattern is because it is very flexible and easy to maintain for every class of individual in the society hence you have the interest to invest in BTC.

[Odohu]

There are so many things that is making some people not to buy BTC anytime, when some people have financial issues and it will be difficult for them to be stability in buying BTC on the time because they have other bills they need to settle to make sure there is peace at home. Some feel the dip will allow them to buy plenty of BTC and hodl because they know that the price has drop for those who don't have enough money to use the period to buy as much they want.

The bear run people are waiting to see before they will be move massively is no longer far from the market, you can still wait before the end of this month before you buy because there are some good information analyst that the price of BTC will still drop to enter $$70k soon.

Firstly, waiting explicitly for the dip is very wrong for a low-coiner and a no-coiner. It shows lack of dedication and consistency in their ongoing accumulation journey.

If I read well, you're already waiting for the bear run and predicting it to be month-end before making purchases? What is the proposed price drop doesn't come? You'll wait for another prediction and on goes your speculation. I think you're just gambling on the price of BTC. You're already allowing the noise from the media and influencers interfere with your rational judgement in your accumulation journey and it's making you indecisive. This indecision can compromise your accumulation journey and it's already threatening your commitment and dedication to consistently accumulating BTC, what a shame!!. I bet very soon you'll be targeting short-term profits too since your mindset towards accumulating Bitcoin is now porus.

You're gradually shifting your mentality, if not totally from that of an investor to that of a trader . Those who gamble with Bitcoin prices instead of focusing on their ongoing accumulation journey are more likely to record a low success rate in their accumulation journey if at all they record any success on the long-run.

You me or any investor who intentionally pretends to wait for the dip season is his not an long terms investor but just a gambler just as you have said waiting for the dip can indicate lack of commitment to consistent accumulation, relying on the prediction an waiting for the market downturn can lead to speculate and gambling rather than informed investing from long term investors sticking to consistent accumulation plan,regardless the market downturn helps you to be consistent and discipline.

I think you are being too emotional about this because I don't see how buying the dip amount to gambling. Do you even know what gambling is? Where is the risk of losing money in buying the dip that will make it the same as gambling? We I will give you a little history about my personal experience.

There was a time Bitcoin was stocked in a range popularly called "don't wake me up" then and the average price was around $26k. They we knew that there would be a major move but what was not clear was if there will be a dump before the major move or it will continue rising from that range so what many people did that time was to set buy orders at lower prices like $20k, $18k, $16k and so on base on individual choices. Lo and behold, the price dropped to below $18k towards $16k before it quickly reversed and started rising and got to $29k and upward. Those who succeeded in setting these limit orders were waiting for the dip and they got their orders filled. That is not gambling because assuming the price did not dump and continue to rise, they would have till used the same funds to buy, just that they will be buying a little higher which is not still a bad idea. I am not saying that you have to adopt this method, stick with the DCA method that is easy but don't call buying the dip gambling because even now there are people who have even kept like 10% of their investment money incase Bitcoin get to $74k. They are buying with the DCA method but that does not mean that when price drops they will not take advantage of it.

[Princess Leah]

You me or any investor who intentionally pretends to wait for the dip season is his not an long terms investor but just a gambler just as you have said waiting for the dip can indicate lack of commitment to consistent accumulation, relying on the prediction an waiting for the market downturn can lead to speculate and gambling rather than informed investing from long term investors sticking to consistent accumulation plan,regardless the market downturn helps you to be consistent and discipline.

I think you are being too emotional about this because I don't see how buying the dip amount to gambling. Do you even know what gambling is? Where is the risk of losing money in buying the dip that will make it the same as gambling? We I will give you a little history about my personal experience.

There was a time Bitcoin was stocked in a range popularly called "don't wake me up" then and the average price was around $26k. They we knew that there would be a major move but what was not clear was if there will be a dump before the major move or it will continue rising from that range so what many people did that time was to set buy orders at lower prices like $20k, $18k, $16k and so on base on individual choices. Lo and behold, the price dropped to below $18k towards $16k before it quickly reversed and started rising and got to $29k and upward. Those who succeeded in setting these limit orders were waiting for the dip and they got their orders filled. That is not gambling because assuming the price did not dump and continue to rise, they would have till used the same funds to buy, just that they will be buying a little higher which is not still a bad idea. I am not saying that you have to adopt this method, stick with the DCA method that is easy but don't call buying the dip gambling because even now there are people who have even kept like 10% of their investment money incase Bitcoin get to $74k. They are buying with the DCA method but that does not mean that when price drops they will not take advantage of it.

I think what he meant when he referred to buying the dip as gambling is waiting for the dip to happen before buying that's the major gamble, maybe he didn't state it clear to your understanding or you didn't understand him, buying the dip method is not wrong but what's wrong is waiting for the dip before one starts investing on Bitcoin, it's like gambling cause what if it goes the other way round and Bitcoin didn't dip as expected but pumped rather.

 There's a difference between someone that's been investing using the DCA but still buys the dip with spare funds whenever it occurs to boost their portfolio, it's called seizing opportunity while it lasts and more better compared to someone who has to wait for Bitcoin to dip before buying it, I've heard about some people who would only wait for the halving season for Bitcoin to go very dip, before they start buying, that's not wise, someone with a long-term goal and target wouldn't consider that, except they're only buying it for short-term profits which is not wise as well.

[Megaboss12]

There are so many things that is making some people not to buy BTC anytime, when some people have financial issues and it will be difficult for them to be stability in buying BTC on the time because they have other bills they need to settle to make sure there is peace at home. Some feel the dip will allow them to buy plenty of BTC and hodl because they know that the price has drop for those who don't have enough money to use the period to buy as much they want.

When someone is having financial crisis the mistake the person would make is going into Bitcoin investment, it's for the future and not something you'll look up to, to solve current issues, at that point the person is expected to tackle the more pressing issues then look for more source of income before thinking of going into Bitcoin investment else you'll not even last a year while investing on Bitcoin cause most of the profits or even all would be channeled into solving issues.

 That's why it's advised that someone thinking of investment on Bitcoin should already have a steady income that would help superate reserve funds which comprises of the one meant for emergencies from that meant for investment for instance someone earning up to $100 weekly can channel some percentage to investment and the rest as reserve funds that can be used to handle unpredictable situations like emergencies and that of utilities and also funds meant for upkeep.

This is why i say people should understand the concept of what you are investing in first before investing in bitcoin, investing in bitcoin is a long term strategy not an problem solution solver used for financial crises that is why is it advisable before you start investing in bitcoin you need to be financial stabilable first in other to avoid exacerbating financial difficulties, when investing in bitcoin when have any financial crises the first thing that comes to your is to sell part of you accumulated assets which is not advisable to do.

One must not be very financially stable before investing in bitcoin. As long as you have a certain amount you can let go of  for some time ( which we always do) you can invest in bitcoin.
For a financially stable investor, you need to invest using the DCA strategy and always reserve a higher amount to buy during dips.( Buy more during dips -DCA + DIP). Don't always rush to sell, but selling a little fraction during boom and buying even more during dips is not a bad idea. Bitcoin is for the future and this future is not as far away as many think.

[Sim_card]

There are so many things that is making some people not to buy BTC anytime, when some people have financial issues and it will be difficult for them to be stability in buying BTC on the time because they have other bills they need to settle to make sure there is peace at home. Some feel the dip will allow them to buy plenty of BTC and hodl because they know that the price has drop for those who don't have enough money to use the period to buy as much they want.

When someone is having financial crisis the mistake the person would make is going into Bitcoin investment, it's for the future and not something you'll look up to, to solve current issues, at that point the person is expected to tackle the more pressing issues then look for more source of income before thinking of going into Bitcoin investment else you'll not even last a year while investing on Bitcoin cause most of the profits or even all would be channeled into solving issues.

 That's why it's advised that someone thinking of investment on Bitcoin should already have a steady income that would help superate reserve funds which comprises of the one meant for emergencies from that meant for investment for instance someone earning up to $100 weekly can channel some percentage to investment and the rest as reserve funds that can be used to handle unpredictable situations like emergencies and that of utilities and also funds meant for upkeep.

This is why i say people should understand the concept of what you are investing in first before investing in bitcoin, investing in bitcoin is a long term strategy not an problem solution solver used for financial crises that is why is it advisable before you start investing in bitcoin you need to be financial stabilable first in other to avoid exacerbating financial difficulties, when investing in bitcoin when have any financial crises the first thing that comes to your is to sell part of you accumulated assets which is not advisable to do.

One must not be very financially stable before investing in bitcoin. As long as you have a certain amount you can let go of  for some time ( which we always do) you can invest in bitcoin.
For a financially stable investor, you need to invest using the DCA strategy and always reserve a higher amount to buy during dips.( Buy more during dips -DCA + DIP). Don't always rush to sell, but selling a little fraction during boom and buying even more during dips is not a bad idea. Bitcoin is for the future and this future is not as far away as many think.

From your post, you sound more like a trader than a long-term investor, because a long-term investor is not supposed to sell when the price is high and hoping to buy more at the dip. This practice will kill the long term investment mindset in you because you are more after profit than building your bitcoin investment which shouldn't be so.

A new investor like you who just started his accumulation journey should focus more on building his bitcoin portfolio for 4-10 years and above with buying regularly, consistently, persistently and if opportune aggressively so that in the long run, you will have a good size of bitcoin in future when bitcoin price becomes very expensive.

 However, if you continue buying and selling, you will lose focus and sell more which depreciate your bitcoin portfolio overtime. Say NO to selling as a long-term investor no matter the temptation in the market because there's a bigger picture of bitcoin in future. Don't be short sighted due to little price fluctuation. It's not a good practice to keep too much cash with you just because you waiting for the dip that you don't know when it will occur. I would rather spend out more funds on DCA to invest aggressively than keeping it to buy at the dip.

[Megaboss12]

There are so many things that is making some people not to buy BTC anytime, when some people have financial issues and it will be difficult for them to be stability in buying BTC on the time because they have other bills they need to settle to make sure there is peace at home. Some feel the dip will allow them to buy plenty of BTC and hodl because they know that the price has drop for those who don't have enough money to use the period to buy as much they want.

When someone is having financial crisis the mistake the person would make is going into Bitcoin investment, it's for the future and not something you'll look up to, to solve current issues, at that point the person is expected to tackle the more pressing issues then look for more source of income before thinking of going into Bitcoin investment else you'll not even last a year while investing on Bitcoin cause most of the profits or even all would be channeled into solving issues.

 That's why it's advised that someone thinking of investment on Bitcoin should already have a steady income that would help superate reserve funds which comprises of the one meant for emergencies from that meant for investment for instance someone earning up to $100 weekly can channel some percentage to investment and the rest as reserve funds that can be used to handle unpredictable situations like emergencies and that of utilities and also funds meant for upkeep.

This is why i say people should understand the concept of what you are investing in first before investing in bitcoin, investing in bitcoin is a long term strategy not an problem solution solver used for financial crises that is why is it advisable before you start investing in bitcoin you need to be financial stabilable first in other to avoid exacerbating financial difficulties, when investing in bitcoin when have any financial crises the first thing that comes to your is to sell part of you accumulated assets which is not advisable to do.

One must not be very financially stable before investing in bitcoin. As long as you have a certain amount you can let go of  for some time ( which we always do) you can invest in bitcoin.
For a financially stable investor, you need to invest using the DCA strategy and always reserve a higher amount to buy during dips.( Buy more during dips -DCA + DIP). Don't always rush to sell, but selling a little fraction during boom and buying even more during dips is not a bad idea. Bitcoin is for the future and this future is not as far away as many think.

From your post, you sound more like a trader than a long-term investor, because a long-term investor is not supposed to sell when the price is high and hoping to buy more at the dip. This practice will kill the long term investment mindset in you because you are more after profit than building your bitcoin investment which shouldn't be so.

A new investor like you who just started his accumulation journey should focus more on building his bitcoin portfolio for 4-10 years and above with buying regularly, consistently, persistently and if opportune aggressively so that in the long run, you will have a good size of bitcoin in future when bitcoin price becomes very expensive.

 However, if you continue buying and selling, you will lose focus and sell more which depreciate your bitcoin portfolio overtime. Say NO to selling as a long-term investor no matter the temptation in the market because there's a bigger picture of bitcoin in future. Don't be short sighted due to little price fluctuation.

Well selling some percentage of my investment to even buy more may not be a very bad idea... While we are preaching buying and keeping we also need to know that the future is not promised. Nobody is guaranteed of being alive in the next 10 years - fate decides. In the meantime my investment strategy is buy more and sell less... When the future finally comes, I'll have more than enough bitcoins to leverage and in the present I take advantage of every good enough opportunity.

[Frankolala]

Well selling some percentage of my investment to even buy more may not be a very bad idea... While we are preaching buying and keeping we also need to know that the future is not promised. Nobody is guaranteed of being alive in the next 10 years - fate decides. In the meantime my investment strategy is buy more and sell less... When the future finally comes, I'll have more than enough bitcoins to leverage and in the present I take advantage of every good enough opportunity.

Buying more and sell less is not a strategy to accumulate bitcoin but a trading strategy. No matter how you sugar coat it, you will not be able to outsmart someone who ia only buying regularly every week continously with all commitment without selling. Investing is not about reaping from the fruits of your labour when it's unripe because that will lead to poor investment growth. It's good that you only  sell when you have accumulated more than enough Bitcoin.

You will end up selling too much bitcoin too soon, because you think that you are smart to use trading to increase your bitcoin and end up a low coiner in future. Why I frown at buying and selling to buy back is because you are gambling with the price wave of bitcoin rather than investing and growing your bitcoin portfolio. What if you sell and the price of bitcoin keep on increasing and stay there for a long time, you will be stock without buying back and something else can come eat up the funds.

[Odohu]

You me or any investor who intentionally pretends to wait for the dip season is his not an long terms investor but just a gambler just as you have said waiting for the dip can indicate lack of commitment to consistent accumulation, relying on the prediction an waiting for the market downturn can lead to speculate and gambling rather than informed investing from long term investors sticking to consistent accumulation plan,regardless the market downturn helps you to be consistent and discipline.

I think you are being too emotional about this because I don't see how buying the dip amount to gambling. Do you even know what gambling is? Where is the risk of losing money in buying the dip that will make it the same as gambling? We I will give you a little history about my personal experience.

There was a time Bitcoin was stocked in a range popularly called "don't wake me up" then and the average price was around $26k. They we knew that there would be a major move but what was not clear was if there will be a dump before the major move or it will continue rising from that range so what many people did that time was to set buy orders at lower prices like $20k, $18k, $16k and so on base on individual choices. Lo and behold, the price dropped to below $18k towards $16k before it quickly reversed and started rising and got to $29k and upward. Those who succeeded in setting these limit orders were waiting for the dip and they got their orders filled. That is not gambling because assuming the price did not dump and continue to rise, they would have till used the same funds to buy, just that they will be buying a little higher which is not still a bad idea. I am not saying that you have to adopt this method, stick with the DCA method that is easy but don't call buying the dip gambling because even now there are people who have even kept like 10% of their investment money incase Bitcoin get to $74k. They are buying with the DCA method but that does not mean that when price drops they will not take advantage of it.

I think what he meant when he referred to buying the dip as gambling is waiting for the dip to happen before buying that's the major gamble, maybe he didn't state it clear to your understanding or you didn't understand him, buying the dip method is not wrong but what's wrong is waiting for the dip before one starts investing on Bitcoin, it's like gambling cause what if it goes the other way round and Bitcoin didn't dip as expected but pumped rather.

Perhaps I have a different understanding of what gambling is with respect to what you guys are saying. I understand gambling from the angle of the risk of losing money or taking unnecessary risk such as venturing into trading without being prepared or maybe you hear from friends that traders makes lots of money. These are the things I consider as gambling... the risk of losing your money is always there. You have not been able to convince me that using 10% of my investment funds to set buy limits at lower prices is gambling when I have 90% of the funds to use for the DCA method. I use hybrid system because I aim to make optimal use of every opportunity the market can offer to me and since I know that the price does not continue in one direction forever. So, setting limit orders at lower prices while continuing to DCA does not in anyway seem like gambling for me.

This is why i say people should understand the concept of what you are investing in first before investing in bitcoin, investing in bitcoin is a long term strategy not an problem solution solver used for financial crises that is why is it advisable before you start investing in bitcoin you need to be financial stabilable first in other to avoid exacerbating financial difficulties, when investing in bitcoin when have any financial crises the first thing that comes to your is to sell part of you accumulated assets which is not advisable to do.

One must not be very financially stable before investing in bitcoin. As long as you have a certain amount you can let go of  for some time ( which we always do) you can invest in bitcoin.
For a financially stable investor, you need to invest using the DCA strategy and always reserve a higher amount to buy during dips.( Buy more during dips -DCA + DIP). Don't always rush to sell, but selling a little fraction during boom and buying even more during dips is not a bad idea. Bitcoin is for the future and this future is not as far away as many think.

Your approach is mixed up and can and land someone in trouble if care is not taken. To invest in Bitcoin, you need to use only your discretionary income so that you will not feel any form of pressure to sell when you are not prepared to do that. Why will you be selling your Bitcoin when you see upward surge with the hope of buying back? That is not a perfect approach to me because you might end up entering into problem such as using the money for something else. I will always support buying and holing for long with no immediate plans to sell so that your mind will not be too fixed on selling.

[Umulala-alala]

There are so many things that is making some people not to buy BTC anytime, when some people have financial issues and it will be difficult for them to be stability in buying BTC on the time because they have other bills they need to settle to make sure there is peace at home. Some feel the dip will allow them to buy plenty of BTC and hodl because they know that the price has drop for those who don't have enough money to use the period to buy as much they want.

When someone is having financial crisis the mistake the person would make is going into Bitcoin investment, it's for the future and not something you'll look up to, to solve current issues, at that point the person is expected to tackle the more pressing issues then look for more source of income before thinking of going into Bitcoin investment else you'll not even last a year while investing on Bitcoin cause most of the profits or even all would be channeled into solving issues.

 That's why it's advised that someone thinking of investment on Bitcoin should already have a steady income that would help superate reserve funds which comprises of the one meant for emergencies from that meant for investment for instance someone earning up to $100 weekly can channel some percentage to investment and the rest as reserve funds that can be used to handle unpredictable situations like emergencies and that of utilities and also funds meant for upkeep.

This is why i say people should understand the concept of what you are investing in first before investing in bitcoin, investing in bitcoin is a long term strategy not an problem solution solver used for financial crises that is why is it advisable before you start investing in bitcoin you need to be financial stabilable first in other to avoid exacerbating financial difficulties, when investing in bitcoin when have any financial crises the first thing that comes to your is to sell part of you accumulated assets which is not advisable to do.

One must not be very financially stable before investing in bitcoin. As long as you have a certain amount you can let go of  for some time ( which we always do) you can invest in bitcoin.
For a financially stable investor, you need to invest using the DCA strategy and always reserve a higher amount to buy during dips.( Buy more during dips -DCA + DIP). Don't always rush to sell, but selling a little fraction during boom and buying even more during dips is not a bad idea. Bitcoin is for the future and this future is not as far away as many think.

From your post, you sound more like a trader than a long-term investor, because a long-term investor is not supposed to sell when the price is high and hoping to buy more at the dip. This practice will kill the long term investment mindset in you because you are more after profit than building your bitcoin investment which shouldn't be so.

A new investor like you who just started his accumulation journey should focus more on building his bitcoin portfolio for 4-10 years and above with buying regularly, consistently, persistently and if opportune aggressively so that in the long run, you will have a good size of bitcoin in future when bitcoin price becomes very expensive.

 However, if you continue buying and selling, you will lose focus and sell more which depreciate your bitcoin portfolio overtime. Say NO to selling as a long-term investor no matter the temptation in the market because there's a bigger picture of bitcoin in future. Don't be short sighted due to little price fluctuation.

Well selling some percentage of my investment to even buy more may not be a very bad idea... While we are preaching buying and keeping we also need to know that the future is not promised. Nobody is guaranteed of being alive in the next 10 years - fate decides. In the meantime my investment strategy is buy more and sell less... When the future finally comes, I'll have more than enough bitcoins to leverage and in the present I take advantage of every good enough opportunity.

An investor who has stack more bitcoin or has been consistently buying bitcoin for the past 4years or more or may be has reach his bitcoin accumulation level or target may choose or decide to sell little percentage of his bitcoin and still continue to buy more using the DCA strategy but this process is not applicable to investors who just started buying bitcoin of recent if he buys and sell then is not investment but trading, a newly investor should see bitcoin investment as a long time investment because buying and selling is never the right way to go into bitcoin investment for it is better you have a zeal of Investing for a longer time and not selling any of your bitcoin for you can be buying bitcoin with the dca method for 4-10 either weekly or monthly and hodl.

[Btcdeybodi]

DCA is for those who don't have much discretionary income available

I'm really short of words because it should be only newbie should think of this, that dollar cost average is for those that have not much discretionary income available, there is something that you have forgotten in Bitcoin investments and accumulating that there is many strategies in which many investors make use of, so it depends the particular one you think is suitable for you, than you saying that DCAing is for those that has lesser income available, why most investors engage in dollar cost averaging because this strategy or mothed gives every investors to invest at any given time without waiting for dip before buying.

Perhaps, Emjay24 is still a newbie and i was even thinking you will put your writing in a clearer context but instead you seems to be ''beating about the bush''. However, the DCA strategy is for all inasmuch as you have a discretionary income to invest, it does not matter whether you have little or huge amount of discretionary income. Perhaps, there will be times when you won't even have much discretionary income maybe because your expenditures might be higher which means you won't have enough money to invest but that doesn't stop you from investing with the little amount that is available at that time. The reason for the DCA strategy is for ease of investment consistently but you can still apply any other strategy you find convenient along with the DCA strategy so far as you don't go above your level of discretion.

[SOKO-DEKE]

Well selling some percentage of my investment to even buy more may not be a very bad idea... While we are preaching buying and keeping we also need to know that the future is not promised. Nobody is guaranteed of being alive in the next 10 years - fate decides. In the meantime my investment strategy is buy more and sell less... When the future finally comes, I'll have more than enough bitcoins to leverage and in the present I take advantage of every good enough opportunity.

How will you be selling your Bitcoin investment and still be trying to buying more Bitcoin? Which kind of idea is that? If I should even ask, why did you decide to sell some percentage of your Bitcoin when you know you want to accumulate more? You are trying to be smart, but you will get it wrong if you start using that idea.if you sell your Bitcoin, you may not see the opportunity to buy back at your target price. In fact, I would say that you are trying to turn into a trader with that idea you may hardly grow back your wallet. As an investor, buying and selling is not always the best approach,rather, it’s about accumulating over the long term before selling. And again, if you don’t need the money, it is not necessary to sell after that long run of 5-10years.

[Stormisover]

There are so many things that is making some people not to buy BTC anytime, when some people have financial issues and it will be difficult for them to be stability in buying BTC on the time because they have other bills they need to settle to make sure there is peace at home. Some feel the dip will allow them to buy plenty of BTC and hodl because they know that the price has drop for those who don't have enough money to use the period to buy as much they want.

When someone is having financial crisis the mistake the person would make is going into Bitcoin investment, it's for the future and not something you'll look up to, to solve current issues, at that point the person is expected to tackle the more pressing issues then look for more source of income before thinking of going into Bitcoin investment else you'll not even last a year while investing on Bitcoin cause most of the profits or even all would be channeled into solving issues.

 That's why it's advised that someone thinking of investment on Bitcoin should already have a steady income that would help superate reserve funds which comprises of the one meant for emergencies from that meant for investment for instance someone earning up to $100 weekly can channel some percentage to investment and the rest as reserve funds that can be used to handle unpredictable situations like emergencies and that of utilities and also funds meant for upkeep.

This is why i say people should understand the concept of what you are investing in first before investing in bitcoin, investing in bitcoin is a long term strategy not an problem solution solver used for financial crises that is why is it advisable before you start investing in bitcoin you need to be financial stabilable first in other to avoid exacerbating financial difficulties, when investing in bitcoin when have any financial crises the first thing that comes to your is to sell part of you accumulated assets which is not advisable to do.

One must not be very financially stable before investing in bitcoin. As long as you have a certain amount you can let go of  for some time ( which we always do) you can invest in bitcoin.
For a financially stable investor, you need to invest using the DCA strategy and always reserve a higher amount to buy during dips.( Buy more during dips -DCA + DIP). Don't always rush to sell, but selling a little fraction during boom and buying even more during dips is not a bad idea. Bitcoin is for the future and this future is not as far away as many think.

From your post, you sound more like a trader than a long-term investor, because a long-term investor is not supposed to sell when the price is high and hoping to buy more at the dip. This practice will kill the long term investment mindset in you because you are more after profit than building your bitcoin investment which shouldn't be so.

A new investor like you who just started his accumulation journey should focus more on building his bitcoin portfolio for 4-10 years and above with buying regularly, consistently, persistently and if opportune aggressively so that in the long run, you will have a good size of bitcoin in future when bitcoin price becomes very expensive.

 However, if you continue buying and selling, you will lose focus and sell more which depreciate your bitcoin portfolio overtime. Say NO to selling as a long-term investor no matter the temptation in the market because there's a bigger picture of bitcoin in future. Don't be short sighted due to little price fluctuation.

Well selling some percentage of my investment to even buy more may not be a very bad idea... While we are preaching buying and keeping we also need to know that the future is not promised. Nobody is guaranteed of being alive in the next 10 years - fate decides. In the meantime my investment strategy is buy more and sell less... When the future finally comes, I'll have more than enough bitcoins to leverage and in the present I take advantage of every good enough opportunity.

As an investor we must differentiate accumulation process and when we can feel it is necessary to sell part of our holding, it is wrong to be in the accumulation process and be talking about selling, we should be able differentiate various phases such as accumulation, maintenance before considering selling part of our holding, and talking about being alive in the next 10 years, don't forget that our investment can become a legacy or an inheritance to our generation so there is nothing to be scared of.