Buy Buy Buy or Sell Sell Sell?

[Dunamisx]

You all just have to disagree first on each other before you can now agree on a course, this will make the discussing more engaged and fun to me and this is how i see it, i like the situation whereby someone was able to proof out his point and make his stand known, this is not like a debate, but we are all giving our respective opinions over what we know or sees to be right to do.

Furthermore, we should never forget that we are investing because we have the understanding of the risk and benefits involved in doing so, we are also not doing this because we wanted to please anyone for any reason, therefore, funds must not be misappropriated all in the name of making an investment, because if we could remember, we can lose or win upon the investment we try to take.

[Derekfunds]

I think it's too early to buy when the markets are this bad and the same blood has spread to Bitcoin, I'm not sure we haven't seen the bottom yet.
I have some cash set aside for bad days like this, maybe I'll buy it gradually or wait to see the bottom.
Even in the current economic situation, I think Bitcoin has remained quite solid, isn't it clear from the current situation that it will get much better results in the future, if I can buy Bitcoin cheaper, I will automatically perceive it as a great thing.

Perhaps too much expectations cause guys like you to think that it's too early to enter the market while other guys say it's too late to enter the market.

Several opinions of the market yet we are not over with the bull market, if course the reason why guys think it's over is because you guys attached bitcoin value to the new US government hoping and/or over expecting the government to pump the market, yet it seems to me that such expectations shows that you don't know bitcoin yet but only perceives it as a pump and dump shit which it's obviously not.

If eventually the bull run is over which is probably not then buying at any given price is best rather than waiting for the perfect opportunity or price since bitcoin sometimes is very much unpredictable grabbing every moment is more like the gold in bitcoin market as what seems to be too early might end up being too late.

Additionally their is no too early, there is no too late - only a given opportunity hence depends on your capacity to accumulate.

Waiting only results to losing the opportunity, so better grab the corn and hold it.

That sounds more like there are times when Bitcoin can be predictable, if we consider Bitcoin to be volatile in nature then we can generally have it that Bitcoin is unpredictable and that makes it more precised and comprehendible even to a common man. However, I agree with you if based on the fact that Bitcoin is always unpredictable then every moment is a great opportunity to grab as much as possible provided the investment money is readily available and there is no too early or no too late because it all requires making an informed decision that satisfies one circumstances.

DCA is a free strategy that can be used at anytime by anybody to buy Bitcoin, since it is for everyone, irrespective of who you are and how much of Bitcoin you are ready to accumulate and hold it for as long as you want  to hold for a long-term , also dca at the dip can help you buy more Bitcoin to add to your portfolio and hold it for long, in that way , you will not feemñll. belittled or waiting for huge amount of funds to start with. DCA gives hope of investment to low or no coiner to be able to accumulate at anytime they want to.

Bitcoin is a volatile market, and its trend is not always the same. When investing in Bitcoin, it is definitely better to think of long-term investment. Excessive expectations have various negative effects on long-term investments. Those who expect quick profits in their investments get disappointed when the market is volatile. When an investor expects the price to increase and if the price falls, he gets disappointed and loses the ability to make decisions. Just as excessive expectations have a negative effect on investments, sometimes not being able to make decisions at the right time also causes negative effects. Determining the right time to enter the market is a challenging issue for investors because the Bitcoin market is volatile. Many investors wait before entering the market so that it may increase further but in the end it is seen that time has run out and they miss their opportunity. If the objective is long-term, excessive expectations should be eliminated. It is important to follow a fixed plan in long-term investments.

The efficiency of the dca strategy is answerable to investors quest of attempting to time the market, it is no longer a challenging issue to those investors that understands the basics of using the DCA strategy of accumulating Bitcoin because it allows investors to accumulate Bitcoin in different intervals irrespective of the price points and by so doing mitigating the short term volatility, the DCA helps investors to be on time in the market without any form of timing the market, for an investor with a long term perspective his focus will be more on increasing the size of their Bitcoin, consistently and persistently without timing the market provided that their investment money is readily available because what they are thinking of is the future and not to be distracted by the present.

the DCA strategy can be an effective way for investors to accumulate bitcoin over time, just as you have said regardless of the market fluctuations, which we all no as investing a fixed amount of money at regular intervals, investors can sometimes mitigate the impact of short term volatility and avoid the challenge of trying to time the market. Mostly if you take note investors with a long term vision or perspective do focus on accumulating more over time rather than trying to time the market.

Note that people that time the market or people that are suppose to time the market are those investors that haven't gone far in there accumulation so they will want a Dip to take advantage and increase there portfolio.

Timing the market is useless as a new investor because waiting is never a good strategy to keep your bitcoin accumulation ongoing. A new investor shouldn't think of timing the market that's unpredictable because nobody can predict the price movement of bitcoin. This is why DCA strategy is mostly used by new investors to allow them buy bitcoin irrespective of the price of bitcoin.

It is wrong to feel that buying bitcoin cheaper will give your the chance to increase your bitcoin portfolio faster because you will end up with very little bitcoin at a cheaper price in the long run. I will prefer to buy bitcoin with DCA consistently and persistently overtime in order for me to have a good bitcoin size than to buy cheaper and end up with little bitcoin in future, because the size of your bitcoin portfolio is what will determine how successful you are in your bitcoin accumulation journey.

Waiting in the ball park looking and missing out opportunities in the market is wrong because in future when those who have accumulate enough bitcoin are happy taking profits, you will be sitting on the fence watching and regretting your mistakes.

I already give you the full gist of people that time the market. While am investor is timing the market they are at same time accumulating and then when the Dip comes they seize the opportunity and that is what I am talking about I don't know what you read from my post that is making  you blab what I don't know. Moreover, someone who buys a thousand dollar of Bitcoin at the price of $74k and someone who buys a thousand dollar of Bitcoin at the price of $100k is entirely different thing that is to say you are wrong because if buying Bitcoin during the Dip won't increase one portfolio so why do you think great and small investors save enough money in there discretionary, off course it is to double up... When there's Dip.

[Tonimez]

Buying the dip is not bad at all but timing the market is not encouraging at all , yeah the market might be experiencing some significant volatility recently due to some economy disturbance , which have lead to some dip in the market recently, does not me that you will have to start timing the market , we all know that the market can go two ways , so imagine you where waiting for the dip , and at the end prices end up surging instead you will
Miss a lot of buying opportunities, causing you to missed out.

I won’t lie this is a very nice opportunity (the recent dip ) to purchase more bitcoin at cheaper rate rather than panicking like you are holding some kind of shitcoin or something, because bitcoin is one of the assets with fast movement when it comes to price fluctuations, you can see bitcoin at $75k and few hours later it’s already at $80k+ , while some shitcoins may even take months or years to go back to their previous ATH, just stick to your dca accumulation, try and accumulate as much as you can without over doing it , like going to the extent of touching your emergency funds .

What do you mean by touching the emergency fund? If you mean buying aggressively with the emergency fund, I disagree with you. Emergency funds are designed to deal with emergencies only. Buying aggressively with the emergency fund or investing money from the emergency fund is never a good decision for an investor. If you do not have enough money to continue investing, then I think it would be a good decision to put your investment on hold for some time.

Suppose you have invested money from the emergency fund. And if you have a financial disaster in the meantime, then you will have no choice but to sell your investment. Emergency funds should be used only for emergencies. It is not right to use emergency funds for investing.

So now why the disagreement?

When we are in same path ( not encouraging others to purchase with their emergency funds) ,try going through post well before replying , because you are just mid quoting me , because I only said not to use your emergency funds to purchase bitcoin just in the name of been aggressive, just try and go through my reply again then you may understand what I was trying to say properly

Emergency funds are always for emergencies. No good investor would encourage anyone to invest part of all of his emergency fund simply because of Dip. Market volatility has no time frame and could be as short or long as no one would actually predict. Emergency funds toe is no longer your fund, it's set aside for life sake.

The current situation of bitcoin is a great opportunity for investors. Maybe traders would finally decide to quit trading for investment this time.

[Umulala-alala]

~snip~

Many investors have this thinking, they always want to see only the pump, but at first they cannot realize that Bitcoin does not move in one direction, Bitcoin moves in both directions, it will dump for a while and then move up again. This is how Bitcoin moves, so you should never invest in Bitcoin thinking about short-term gains. For those who want to move with a long-term perspective, the best investment currency is Bitcoin.
If an investor understood the real potential of Bitcoin, then he would never chase after other altcoins and would only invest in Bitcoin, because Bitcoin is the most secure, profitable and solid investment in the long run, so instead of wasting money on other investments, invest in the right place, i.e. Bitcoin, there will be no other investment as successful as Bitcoin in the long run.

They must change their mindset because Bitcoin price will still move up and down. But in the future, they will see the price reach the highest price and not just at $109k level but more than that. They should use Bitcoin as their long term investment so they just use this time to accumulate more Bitcoin and hodl it. A wise investor will not just buy without research because he realize that only with research they will what they need to do related to the market situation. The new investor in Bitcoin investment must learn many things before they decide so they know how much money they can allocate in Bitcoin.

I still wondering the kind of research that you are considering for a wise investor to make before buying Bitcoin, I guess you are talking about analysing the market conditions before buying Bitcoin. However, as an investor with a long term goals and objectives, you don't need to make any research about the market before buying Bitcoin, it is complex to analyze the market conditions such that an investor don't need to make investment decisions based on the market in order not to miss buying opportunities while attempting to analyze the market conditions, what every new investor needs is to acquire the basic knowledge of Bitcoin and figure out how much of discretionary income they have to invest in Bitcoin and not to wait till they learn many things since they can be doing that at the same buying Bitcoin with the dca strategy.

An investor is always worried about when is the best time to buy Bitcoin. The DCA strategy is to make this decision easier for them. No matter how experienced you are in Bitcoin, you will be afraid at some point that your investment will be useless. Starting from an emergency fund, do whatever you think is necessary to make your investment easier. If you go to a successful investor to listen to his success story, he will also tell you that he was afraid at some point and went through difficult situations.

Therefore, when you consider your thinking as strong. And at some point, you will be subjected to a difficult situation, such as a price drop, then strengthen your thinking power, because only after this situation will you become a successful investor. I believe that an investor continues his investment with emergency funds and unique opportunities for all kinds of situations

Discretionary Income should be considered first before your emergency fund, it is from your Discretionary that you will use to buy your  bitcoin and continue your bitcoin investment, then your emergency fund is to settle your unforseen challenges or problem which would have make you to sell out your bitcoin when it was not your target to sell.

[Mayor of ogba]

Buying the dip is not bad at all but timing the market is not encouraging at all , yeah the market might be experiencing some significant volatility recently due to some economy disturbance , which have lead to some dip in the market recently, does not me that you will have to start timing the market , we all know that the market can go two ways , so imagine you where waiting for the dip , and at the end prices end up surging instead you will
Miss a lot of buying opportunities, causing you to missed out.

I won’t lie this is a very nice opportunity (the recent dip ) to purchase more bitcoin at cheaper rate rather than panicking like you are holding some kind of shitcoin or something, because bitcoin is one of the assets with fast movement when it comes to price fluctuations, you can see bitcoin at $75k and few hours later it’s already at $80k+ , while some shitcoins may even take months or years to go back to their previous ATH, just stick to your dca accumulation, try and accumulate as much as you can without over doing it , like going to the extent of touching your emergency funds .

What do you mean by touching the emergency fund? If you mean buying aggressively with the emergency fund, I disagree with you. Emergency funds are designed to deal with emergencies only. Buying aggressively with the emergency fund or investing money from the emergency fund is never a good decision for an investor. If you do not have enough money to continue investing, then I think it would be a good decision to put your investment on hold for some time.

Suppose you have invested money from the emergency fund. And if you have a financial disaster in the meantime, then you will have no choice but to sell your investment. Emergency funds should be used only for emergencies. It is not right to use emergency funds for investing.

While I_Anime was advising investors to utilize the opportunity that the market has brought to buy the current dip, I_Anime didn't say that investors should use their emergency fund to buy the dip if they don't have leftover money to comfortably buy the dip. I_Anime was still of the opinion that if investors are buying the dip, they should not overdo it in such a way that they will use their emergency fund to buy the dip, which is the right way to invest in bitcoin, and it will allow investors to always solve their unexpected problems during their accumulation journey with their emergency fund.

[Tmoonz]

I think it's too early to buy when the markets are this bad and the same blood has spread to Bitcoin, I'm not sure we haven't seen the bottom yet.
I have some cash set aside for bad days like this, maybe I'll buy it gradually or wait to see the bottom.
Even in the current economic situation, I think Bitcoin has remained quite solid, isn't it clear from the current situation that it will get much better results in the future, if I can buy Bitcoin cheaper, I will automatically perceive it as a great thing.

Perhaps too much expectations cause guys like you to think that it's too early to enter the market while other guys say it's too late to enter the market.

Several opinions of the market yet we are not over with the bull market, if course the reason why guys think it's over is because you guys attached bitcoin value to the new US government hoping and/or over expecting the government to pump the market, yet it seems to me that such expectations shows that you don't know bitcoin yet but only perceives it as a pump and dump shit which it's obviously not.

If eventually the bull run is over which is probably not then buying at any given price is best rather than waiting for the perfect opportunity or price since bitcoin sometimes is very much unpredictable grabbing every moment is more like the gold in bitcoin market as what seems to be too early might end up being too late.

Additionally their is no too early, there is no too late - only a given opportunity hence depends on your capacity to accumulate.

Waiting only results to losing the opportunity, so better grab the corn and hold it.

That sounds more like there are times when Bitcoin can be predictable, if we consider Bitcoin to be volatile in nature then we can generally have it that Bitcoin is unpredictable and that makes it more precised and comprehendible even to a common man. However, I agree with you if based on the fact that Bitcoin is always unpredictable then every moment is a great opportunity to grab as much as possible provided the investment money is readily available and there is no too early or no too late because it all requires making an informed decision that satisfies one circumstances.

DCA is a free strategy that can be used at anytime by anybody to buy Bitcoin, since it is for everyone, irrespective of who you are and how much of Bitcoin you are ready to accumulate and hold it for as long as you want  to hold for a long-term , also dca at the dip can help you buy more Bitcoin to add to your portfolio and hold it for long, in that way , you will not feemñll. belittled or waiting for huge amount of funds to start with. DCA gives hope of investment to low or no coiner to be able to accumulate at anytime they want to.

Bitcoin is a volatile market, and its trend is not always the same. When investing in Bitcoin, it is definitely better to think of long-term investment. Excessive expectations have various negative effects on long-term investments. Those who expect quick profits in their investments get disappointed when the market is volatile. When an investor expects the price to increase and if the price falls, he gets disappointed and loses the ability to make decisions. Just as excessive expectations have a negative effect on investments, sometimes not being able to make decisions at the right time also causes negative effects. Determining the right time to enter the market is a challenging issue for investors because the Bitcoin market is volatile. Many investors wait before entering the market so that it may increase further but in the end it is seen that time has run out and they miss their opportunity. If the objective is long-term, excessive expectations should be eliminated. It is important to follow a fixed plan in long-term investments.

The efficiency of the dca strategy is answerable to investors quest of attempting to time the market, it is no longer a challenging issue to those investors that understands the basics of using the DCA strategy of accumulating Bitcoin because it allows investors to accumulate Bitcoin in different intervals irrespective of the price points and by so doing mitigating the short term volatility, the DCA helps investors to be on time in the market without any form of timing the market, for an investor with a long term perspective his focus will be more on increasing the size of their Bitcoin, consistently and persistently without timing the market provided that their investment money is readily available because what they are thinking of is the future and not to be distracted by the present.

the DCA strategy can be an effective way for investors to accumulate bitcoin over time, just as you have said regardless of the market fluctuations, which we all no as investing a fixed amount of money at regular intervals, investors can sometimes mitigate the impact of short term volatility and avoid the challenge of trying to time the market. Mostly if you take note investors with a long term vision or perspective do focus on accumulating more over time rather than trying to time the market.

There is no validation to that definition of DCA amount to be a fixed amount since it doesn't portray the enough flexibilities the DCA offers , the DCA amount must not be a fixed amount for it to be called dca considering the fact that people can have different income flow and expenses over different weeks and months which of course will influences our investment frequency and investment money, we can change our investment amount and frequency to suit our personal circumstances because our investment should be done within our own comfort zone to avoid struggling.

[Mr Reporter]

I think it's too early to buy when the markets are this bad and the same blood has spread to Bitcoin, I'm not sure we haven't seen the bottom yet.
I have some cash set aside for bad days like this, maybe I'll buy it gradually or wait to see the bottom.
Even in the current economic situation, I think Bitcoin has remained quite solid, isn't it clear from the current situation that it will get much better results in the future, if I can buy Bitcoin cheaper, I will automatically perceive it as a great thing.

Perhaps too much expectations cause guys like you to think that it's too early to enter the market while other guys say it's too late to enter the market.

Several opinions of the market yet we are not over with the bull market, if course the reason why guys think it's over is because you guys attached bitcoin value to the new US government hoping and/or over expecting the government to pump the market, yet it seems to me that such expectations shows that you don't know bitcoin yet but only perceives it as a pump and dump shit which it's obviously not.

If eventually the bull run is over which is probably not then buying at any given price is best rather than waiting for the perfect opportunity or price since bitcoin sometimes is very much unpredictable grabbing every moment is more like the gold in bitcoin market as what seems to be too early might end up being too late.

Additionally their is no too early, there is no too late - only a given opportunity hence depends on your capacity to accumulate.

Waiting only results to losing the opportunity, so better grab the corn and hold it.

That sounds more like there are times when Bitcoin can be predictable, if we consider Bitcoin to be volatile in nature then we can generally have it that Bitcoin is unpredictable and that makes it more precised and comprehendible even to a common man. However, I agree with you if based on the fact that Bitcoin is always unpredictable then every moment is a great opportunity to grab as much as possible provided the investment money is readily available and there is no too early or no too late because it all requires making an informed decision that satisfies one circumstances.

DCA is a free strategy that can be used at anytime by anybody to buy Bitcoin, since it is for everyone, irrespective of who you are and how much of Bitcoin you are ready to accumulate and hold it for as long as you want  to hold for a long-term , also dca at the dip can help you buy more Bitcoin to add to your portfolio and hold it for long, in that way , you will not feemñll. belittled or waiting for huge amount of funds to start with. DCA gives hope of investment to low or no coiner to be able to accumulate at anytime they want to.

Bitcoin is a volatile market, and its trend is not always the same. When investing in Bitcoin, it is definitely better to think of long-term investment. Excessive expectations have various negative effects on long-term investments. Those who expect quick profits in their investments get disappointed when the market is volatile. When an investor expects the price to increase and if the price falls, he gets disappointed and loses the ability to make decisions. Just as excessive expectations have a negative effect on investments, sometimes not being able to make decisions at the right time also causes negative effects. Determining the right time to enter the market is a challenging issue for investors because the Bitcoin market is volatile. Many investors wait before entering the market so that it may increase further but in the end it is seen that time has run out and they miss their opportunity. If the objective is long-term, excessive expectations should be eliminated. It is important to follow a fixed plan in long-term investments.

The efficiency of the dca strategy is answerable to investors quest of attempting to time the market, it is no longer a challenging issue to those investors that understands the basics of using the DCA strategy of accumulating Bitcoin because it allows investors to accumulate Bitcoin in different intervals irrespective of the price points and by so doing mitigating the short term volatility, the DCA helps investors to be on time in the market without any form of timing the market, for an investor with a long term perspective his focus will be more on increasing the size of their Bitcoin, consistently and persistently without timing the market provided that their investment money is readily available because what they are thinking of is the future and not to be distracted by the present.

the DCA strategy can be an effective way for investors to accumulate bitcoin over time, just as you have said regardless of the market fluctuations, which we all no as investing a fixed amount of money at regular intervals, investors can sometimes mitigate the impact of short term volatility and avoid the challenge of trying to time the market. Mostly if you take note investors with a long term vision or perspective do focus on accumulating more over time rather than trying to time the market.

There is no validation to that definition of DCA amount to be a fixed amount since it doesn't portray the enough flexibilities the DCA offers , the DCA amount must not be a fixed amount for it to be called dca considering the fact that people can have different income flow and expenses over different weeks and months which of course will influences our investment frequency and investment money, we can change our investment amount and frequency to suit our personal circumstances because our investment should be done within our own comfort zone to avoid struggling.

I think what they misunderstood is that the DCA strategy doesn't requires a fixed amount of investment but it at a regular intervals however I feel this approach is flexible and may not account for individuals circumstances. The DCA strategy involves in varying amounts of money rather than a fixed amount to accommodate financial situations, and let take note of it DCA is been tailored to an individual comfort zone and financial situation rather than following a one size fit all  approach.

[Stable090]

While I_Anime was advising investors to utilize the opportunity that the market has brought to buy the current dip, I_Anime didn't say that investors should use their emergency fund to buy the dip if they don't have leftover money to comfortably buy the dip. I_Anime was still of the opinion that if investors are buying the dip, they should not overdo it in such a way that they will use their emergency fund to buy the dip, which is the right way to invest in bitcoin, and it will allow investors to always solve their unexpected problems during their accumulation journey with their emergency fund.

If anyone decide to use the money that’s suppose to be used for emergency purpose to accumulate bitcoin just because their is dip in the market, what if the dip continues, and emergency arises which you will be needing the money which you used in accumulating bitcoin, you won’t have choice than to sell the bitcoin which you acculturated, and you might be selling at loss because bitcoin might have dumped more. So if money is suppose to be used for emergency purpose, then don’t invest it in bitcoin.

But am having a account which am always saving some money in the account, the main purpose of creating the account is to save the money which I will be using to accumulate more bitcoin when their is a dip, just like what we expiring recently, I don’t think their is anything bad in having a account like this, so whenever their is dump, you can use that to accumulate bitcoin. That’s going to be a bitcoin emergency funds.

[Mayor of ogba]

~snip~

Many investors have this thinking, they always want to see only the pump, but at first they cannot realize that Bitcoin does not move in one direction, Bitcoin moves in both directions, it will dump for a while and then move up again. This is how Bitcoin moves, so you should never invest in Bitcoin thinking about short-term gains. For those who want to move with a long-term perspective, the best investment currency is Bitcoin.
If an investor understood the real potential of Bitcoin, then he would never chase after other altcoins and would only invest in Bitcoin, because Bitcoin is the most secure, profitable and solid investment in the long run, so instead of wasting money on other investments, invest in the right place, i.e. Bitcoin, there will be no other investment as successful as Bitcoin in the long run.

A wise investor will not just buy without research because he realize that only with research they will what they need to do related to the market situation. The new investor in Bitcoin investment must learn many things before they decide so they know how much money they can allocate in Bitcoin.

Hope you know so many investors are investing and accumulating bitcoin with the DCA strategy, so even though I don't know the kind of research you think wise investors need to carry out before buying bitcoin, I think it's not necessary for them to do so because the DCA strategy has them covered, and they can buy bitcoin with it anytime their accumulation money is readily available, and they won't worry about the price of bitcoin. When new investors want to start their bitcoin investment, they don't need to learn so many things about bitcoin; if they can gain the basic knowledge about bitcoin, they are okay to invest in bitcoin, but as they are accumulating bitcoin, they can be learning the necessary things they need to know about bitcoin.

[Mr Reporter]

While I_Anime was advising investors to utilize the opportunity that the market has brought to buy the current dip, I_Anime didn't say that investors should use their emergency fund to buy the dip if they don't have leftover money to comfortably buy the dip. I_Anime was still of the opinion that if investors are buying the dip, they should not overdo it in such a way that they will use their emergency fund to buy the dip, which is the right way to invest in bitcoin, and it will allow investors to always solve their unexpected problems during their accumulation journey with their emergency fund.

If anyone decide to use the money that’s suppose to be used for emergency purpose to accumulate bitcoin just because their is dip in the market, what if the dip continues, and emergency arises which you will be needing the money which you used in accumulating bitcoin, you won’t have choice than to sell the bitcoin which you acculturated, and you might be selling at loss because bitcoin might have dumped more. So if money is suppose to be used for emergency purpose, then don’t invest it in bitcoin.

But am having a account which am always saving some money in the account, the main purpose of creating the account is to save the money which I will be using to accumulate more bitcoin when their is a dip, just like what we expiring recently, I don’t think their is anything bad in having a account like this, so whenever their is dump, you can use that to accumulate bitcoin. That’s going to be a bitcoin emergency funds.

in addition to what you have said importance of emergency funds should not be taken for jokes emergency funds should be kept separately and used for investing or for anyother non essential purposes, understand that emergency are funds which are to be accessible and liquidated in case of unexpected expenses or any financial emergency like payments of house rent, hospital bills and all it has been like song to us not to have a join account for investing and emergency funds.

[Megaboss12]

Buying the dip is not bad at all but timing the market is not encouraging at all , yeah the market might be experiencing some significant volatility recently due to some economy disturbance , which have lead to some dip in the market recently, does not me that you will have to start timing the market , we all know that the market can go two ways , so imagine you where waiting for the dip , and at the end prices end up surging instead you will
Miss a lot of buying opportunities, causing you to missed out.

I won’t lie this is a very nice opportunity (the recent dip ) to purchase more bitcoin at cheaper rate rather than panicking like you are holding some kind of shitcoin or something, because bitcoin is one of the assets with fast movement when it comes to price fluctuations, you can see bitcoin at $75k and few hours later it’s already at $80k+ , while some shitcoins may even take months or years to go back to their previous ATH, just stick to your dca accumulation, try and accumulate as much as you can without over doing it , like going to the extent of touching your emergency funds .

What do you mean by touching the emergency fund? If you mean buying aggressively with the emergency fund, I disagree with you. Emergency funds are designed to deal with emergencies only. Buying aggressively with the emergency fund or investing money from the emergency fund is never a good decision for an investor. If you do not have enough money to continue investing, then I think it would be a good decision to put your investment on hold for some time.

Suppose you have invested money from the emergency fund. And if you have a financial disaster in the meantime, then you will have no choice but to sell your investment. Emergency funds should be used only for emergencies. It is not right to use emergency funds for investing.

So now why the disagreement?

When we are in same path ( not encouraging others to purchase with their emergency funds) ,try going through post well before replying , because you are just mid quoting me , because I only said not to use your emergency funds to purchase bitcoin just in the name of been aggressive, just try and go through my reply again then you may understand what I was trying to say properly

Emergency funds are always for emergencies. No good investor would encourage anyone to invest part of all of his emergency fund simply because of Dip. Market volatility has no time frame and could be as short or long as no one would actually predict. Emergency funds toe is no longer your fund, it's set aside for life sake.

The current situation of bitcoin is a great opportunity for investors. Maybe traders would finally decide to quit trading for investment this time.

Emergency is not set aside just for life's sake... Emergency fund is for contingencies - good or bad...It's wise to use one's emergency fund in case of dip irrespective of how long or short that dip could be. Great investors will always take advantage of dips even as they still invest during boom. There's no way I will not buy more bitcoins during dip. I operate based on DCA, but dip is when I break the records. I'll still set up emergency funds if I ever get to use them up.

[ZeroVinsonN]

[edited out]

I don't think a person will ever have accumulated enough bitcoin no matter how much they have, people just need to keeping accumulating and over time they can sell certain percentages depending on their investment timeframe as long as they don't sell everything, bitcoin is still growing and it still has more ATH to achieve along the way.

I think that you are failing/refusing to really think through the matter, if you think that a person might not be able to get to a point of accumulating enough or more than enough bitcoin.

I will give you an example of a person who might have had been in early 30s 9 years ago, and then maybe he had an income of around $30k per year. and so maybe when he first got into bitcoin, in 2016, he might have lump sum bought around $20k worth of bitcoin (let's say averaging around $500 per bitcoin.. So he bought 40 BTC.  

He then decided to invest 30% of his income into bitcoin, so he invested right around $10k per year into bitcoin at about $200 per week.  So over the last 9 years, he invested an additional $94k into bitcoin and he accumulated nearly an additional 24 bitcoin.

So right now he continues to have an income of about $35k per year, and sure maybe his income went up to $50k.. no problem.. and he is now in his early 40s and he has 64 bitcoin.  He would like to double or triple his income, and I think that he has enough bitcoin and/or he has more than enough bitcoin for his stated goals.

I personally calculate that with 64 bitcoin, he could sustainably withdraw right around $290k per year, and so he has way more than enough bitcoin for his own particular needs and his current lifestyle, even if we might consider that his current income is $50k and he would like to double or triple his current income by currently living off his bitcoin.  

Maybe you can proclaim that the guy does not have enough bitcoin, yet based on his already existing standard of living, he is able to increase his standard of living by 5x to 6x of his current standard of living based on the quantity of bitcoin that he has already accumulated over 9 years, which seems quite amazing to me, and if the guys chooses to not to completely max out his bitcoin withdrawal rate, it is likely that every year he can continue to increase his standard of living and without working and just by living within his means, his bitcoin is likely to continue to grow faster than the rate that he would be withdrawing from it, especially, if he might start out by merely withdrawing somewhere in the ball park of his current income (while quitting his job or perhaps he could choose to double or triple his income, which would still be way below the maximum withdrawal rate that he could accomplish in the event  that he wanted to start withdrawing more.

I think that a person who wants to live off of $80k per year from his bitcoin, he would currently need to have 17.56 bitcoin, and surely if he has more than that quantity of bitcoin, then he has more than enough, and if a guy only has around half of the 17.56 bitcoin (such as 9-ish bitcoin), then he could merely HODL for 3-ish years and reach a similar level of sufficiency in regards to his bitcoin stash being able to sustainably support a $80k per year income.

Okay so basically, depending on the individual who is investing in bitcoin, sufficiency can be attaine, if he is currently earning around 35k-50k annually and this can also be how much he spends to meet his needs and wants, he could decide increase his spendings to 80k per year which would require about 17.56 BTC to achieve and he has 64 BTC which is obviously bigger than 17.56,so he could stop accumulating and still live off his bitcoin stash and his job (if he still chooses to keep his job) and still have enough to support his lifestyle.

Let's say you have accumulated a lot of bitcoin and you are holding off on accumulating for a while, this would be the perfect time to start accumulating again to increase your stash and boost your holdings before the price goes back up again, and for a newbie, there is no time like the present, keep growing your portfolio and as long as you can afford it, lump buying would really favour a person right now, if you can't afford it, just stick to DCA and grow your bitcoin with your discretionary funds.

The building up of a bitcoin investment  to get to a point of being enough or more than enough likely takes time and it is not guaranteed to be successful, even though I think that you are correct to suggest that just ongoing investing into bitcoin is likely going to help to make progress in the direction of getting enough and/or more than enough bitcoin.

I was just saying that even though has alot of bitcoin in stash, deciding to keep accumulating is more likely than not, though aggressiveness might be on the downside, the person could even decide to only buy during DIP and not on a weekly or monthly basis as when he probably started investing while also living off a set percentage annually depending on his choices.

In Bitcoin accumulation one never gets tired of buying and accumulating, since you can't be tired of being wealthy , just as money is important in our day to day activities to meet our needs and wants that is how Bitcoin accumulation is important to our lives as an investor.
Accumulation of Bitcoin is  a daily continuous process that one keeps doing for future purpose , Bitcoin is not a perishable asset that goes bad therefore accumulation should not be a problem to increase your portfolio, you don't get satisfied with Bitcoin, one will just have to keep buying and holding until the end of  Bitcoin.

This is my point, though I also believe that people can actually stop accumulating if they want to, like in a post I made referencing an old man  Check out this post this could also work for a younger person who doesn't want to accumulate anymore and just wants to live out the rest of their lives without work or stress, not everyone does this though, thats why I said

though has alot of bitcoin in stash, deciding to keep accumulating is more likely than not

"more likely than not" here means that a higher percentage of people would prefer to keep accumulating, but other might stop accumulating, it could be a 60% to 40% ratio, where 60% of people will choose to keep accumulating while 40% won't, this theory supports that while certain people don't want to ever stop accumulating, there are also people who can accumulate enough and stop accumulating while living off their bitcoin stash of 9 maybe 10 years of weekly accumulation of bitcoin using the DCA method

[Sonia_123]

Buying the dip is not bad at all but timing the market is not encouraging at all , yeah the market might be experiencing some significant volatility recently due to some economy disturbance , which have lead to some dip in the market recently, does not me that you will have to start timing the market , we all know that the market can go two ways , so imagine you where waiting for the dip , and at the end prices end up surging instead you will
Miss a lot of buying opportunities, causing you to missed out.

I won’t lie this is a very nice opportunity (the recent dip ) to purchase more bitcoin at cheaper rate rather than panicking like you are holding some kind of shitcoin or something, because bitcoin is one of the assets with fast movement when it comes to price fluctuations, you can see bitcoin at $75k and few hours later it’s already at $80k+ , while some shitcoins may even take months or years to go back to their previous ATH, just stick to your dca accumulation, try and accumulate as much as you can without over doing it , like going to the extent of touching your emergency funds .

What do you mean by touching the emergency fund? If you mean buying aggressively with the emergency fund, I disagree with you. Emergency funds are designed to deal with emergencies only. Buying aggressively with the emergency fund or investing money from the emergency fund is never a good decision for an investor. If you do not have enough money to continue investing, then I think it would be a good decision to put your investment on hold for some time.

Suppose you have invested money from the emergency fund. And if you have a financial disaster in the meantime, then you will have no choice but to sell your investment. Emergency funds should be used only for emergencies. It is not right to use emergency funds for investing.

What is the function of the emergency fund, is it not there to protect your investment, if you see the need to borrow your emergency fund to stock your investment and replace it immediately, I don't think there is anything wrong in you using your emergency fund to accumulate Bitcoin.

Let's take for instance that the funds in your wallet is not enough and due to network issue, you can't fund your wallet from your local currency for you to buy your needed satsh and you have your emergency funds with you, are saying that you are not going to buy the present low price will you allow the opportunity passes you by all just because you don't want to temper your emergency fund .

Emergency funds is for both your accumulation of your Bitcoin and your personal expenses, in a situation like these where network is very bad and transactions of my local currency into my bitcoin wallet is very bad, i will prefer to buy aggressively with my emergency funds because I don't know what the price will be at the next minute when network will be okay, therefore I will use it and replace it immediately except for those that does not have any means of replacement, but even at that you can still use part of it, not all, I don't want to believe that a serious minded investor that is hodling for a long-term will not means of replacing emergency funds if tempered.

[7juju]

So now why the disagreement?

When we are in same path ( not encouraging others to purchase with their emergency funds) ,try going through post well before replying , because you are just mid quoting me , because I only said not to use your emergency funds to purchase bitcoin just in the name of been aggressive, just try and go through my reply again then you may understand what I was trying to say properly

Emergency funds are always for emergencies. No good investor would encourage anyone to invest part of all of his emergency fund simply because of Dip. Market volatility has no time frame and could be as short or long as no one would actually predict. Emergency funds toe is no longer your fund, it's set aside for life sake.

The current situation of bitcoin is a great opportunity for investors. Maybe traders would finally decide to quit trading for investment this time.

Emergency is not set aside just for life's sake... Emergency fund is for contingencies - good or bad...It's wise to use one's emergency fund in case of dip irrespective of how long or short that dip could be. Great investors will always take advantage of dips even as they still invest during boom. There's no way I will not buy more bitcoins during dip. I operate based on DCA, but dip is when I break the records. I'll still set up emergency funds if I ever get to use them up.

Emergency funds should best left for emergencies and only used when there are real emergencies. Since you like breaking records during the dip, you can prepare yourself and save part of your discretionary income for the purpose of buying the dip. You will think that you are being smart by tampering with your emergency funds, until you face and emergency and you don't have funds to turn to.

[Joy- maker]

Timing the market to go dip before accumulating Bitcoin is gambling and this will also give you some sleepless nights because now target the market to accumulate when there is dip it's not a good investment strategy and with such investment strategy you can't be able to get a good bitcoin portfolio.

For you to increase your Bitcoin portfolio you need to be accumulating Bitcoin regularly, consistently and persistently using the DCA strategy where you can be accumulating Bitcoin at any price level using your discretionary income and hodl for 4-10 or more instead accumulating Bitcoin only when there is a decline in market.

The dip should come as an opportunity to accumulate more Bitcoin you can even choose to accumulate Bitcoin aggressively if your have some reserve fund in other to increase more of your bitcoin portfolio.

Those who accumulate only when there is dip is just slowing down their bitcoin investment.

timing the market before accumulating bitcoin can be view as a high risk strategy, though some people engage in market timing with the goal of miximizing returns, while others consider it a form of gambling due to how the market fluctuate rapidly and unpredictably.

But in my opinion investors who are newly investing in bitcoin for long term should accumulate Bitcoin with the DCA rather than timing the market, the investors I think should time the market before accumulating bitcoin are does inveators that have accumulated a good portion of bitcoin, they can start buying the DIP with their reserve funds to add up to the existing portion of their bitcoin.

[JayJuanGee]

Note that people that time the market or people that are suppose to time the market are those investors that haven't gone far in there accumulation so they will want a Dip to take advantage and increase there portfolio.

You are wrong to think that those that has not gone far in their accumulation journey need to time the market, why they are even the ones that shouldn't time the market but rather to be buying regularly, persistently without any form of timing the market, a low coiner shouldn't be encouraged to be timing the market to buy the dip in form of taken advantage because it can difficult to have a desire dip. But however, buying the dip should only be seen as a secondary accumulation strategy such that an investor can have an ongoing Dcaing and if possible make provisions to buy the dip with a reserve funds. Why those that has gone far in their accumulation journey can decide to adopt the timing strategy of not buying in the same frequency they were buying when they were low, that is to say the reverse of your statement should be the case study.

It is correct to emphasize the point, since so many members think in the opposite kind of way, since anyone who is either a low coiner or poor, they should be figuring out their discretionary income and buying bitcoin regularly within their discretionary income no matter the bitcoin price for probably one or two cycles, and perhaps once they have been investing into bitcoin after one or two cycles, and after they have accumulated a decent stash of bitcoin, then maybe some time after that they will be able to potentially change their technique away from persistent, consistent, regular, ongoing and perhaps even aggressive BTC buying... And, yeh, if they are accumulating bitcoin for one or two cycles, the price likely does not matter so much in terms of ongoingly wanting to keep buying...

So, yep.  There are so many guys who are getting these kinds of matters wrong and believing that they have to wait for dips and perhaps getting distracted in other ways rather than focusing on increasing their discretionary income by either increasing their income and/or cutting their expenses so that they might be able to allocate more towards regularly buying bitcoin.

Of course, they can also choose their level of aggressiveness and they can also choose to get out of their bitcoin investment, even though surely many of us regular bitcoiners consider bitcoin to be a long term investment of 4-10 years or longer.. and it may even take 4-10 years just to build up the bitcoin investment before being able to potentially transition away from accumulating and into maintaining and perhaps into some kind of later status that might involve sustainable withdrawal.

Guys who are thinking about bitcoin as a trade and are trading and/or trying to time the market before getting in are likely not going to do as well as those guys who are investing and/or regularly buying bitcoin in order to build up their bitcoin holdings.  Of course the size of the bitcoin stash and the amount of building up of the stash will help to inform the next stages, once a person gets to such a status.

You should take note that as an newly investors who is just starting the accumulation journey or have limited experience should focus on consistency and regular investment regardless the market downturn, rather than trying to time the market this approach helps to reduce the impact of market volatility and timing risk management.
Why new investor to avoid timing the market, lack of experience can be a cause as an new investor you may not have the experience knowledge to accurately time the market, and trying to time the market can lead to emotional decisions making which usually leads to impulsive and costly decisions mistake.

Waiting to buy by timing the market is not only wrong for a newbie but also for an experienced investor who has not yet achieved his goal. Unnecessarily breaking the continuity of investment before achieving the goal is certainly not an ideal move for any investor, but rather a wrong move.

No matter what the market conditions are, the market conditions cannot have much impact on a long-term investor. From my perspective, the recession should be used to the maximum for buying. Because by buying during the recession, you will get the opportunity to buy more Bitcoin at a low price and you will be able to make yourself more profitable. My advice would be to prepare a reserve fund in preparation for being aggressive during the recession by maintaining continuity in investing during the market bull run and be aggressive in investing as soon as the market is in a recession so that you are able to accumulate more Bitcoin and can move quickly towards achieving the goal.

I don't see how building a reserve fund helps to be more aggressive, except surely it helps for anyone who might make mistakes or if they might have extra expenses that they had not anticipated.  Within DCA buying buys can already be choosing his level of aggressiveness, and sure there can be some value to hold back funds for various expenses, so that there is  no need to sell bitcoin at any time that is not expected, and perhaps reserve funds would be first tapped into for anyone who might have some unexpected expenses, so that the emergency funds would be available for any actual emergency, yet the emergency funds might not be needed in the vent hat a person other wise has good cashflow management practices that includes maintaining various kinds of back up funds.

Buying the dip is not bad at all but timing the market is not encouraging at all , yeah the market might be experiencing some significant volatility recently due to some economy disturbance , which have lead to some dip in the market recently, does not me that you will have to start timing the market , we all know that the market can go two ways , so imagine you where waiting for the dip , and at the end prices end up surging instead you will
Miss a lot of buying opportunities, causing you to missed out.

I won’t lie this is a very nice opportunity (the recent dip ) to purchase more bitcoin at cheaper rate rather than panicking like you are holding some kind of shitcoin or something, because bitcoin is one of the assets with fast movement when it comes to price fluctuations, you can see bitcoin at $75k and few hours later it’s already at $80k+ , while some shitcoins may even take months or years to go back to their previous ATH, just stick to your dca accumulation, try and accumulate as much as you can without over doing it , like going to the extent of touching your emergency funds .

What do you mean by touching the emergency fund? If you mean buying aggressively with the emergency fund, I disagree with you. Emergency funds are designed to deal with emergencies only. Buying aggressively with the emergency fund or investing money from the emergency fund is never a good decision for an investor. If you do not have enough money to continue investing, then I think it would be a good decision to put your investment on hold for some time.

Suppose you have invested money from the emergency fund. And if you have a financial disaster in the meantime, then you will have no choice but to sell your investment. Emergency funds should be used only for emergencies. It is not right to use emergency funds for investing.

So now why the disagreement?

When we are in same path ( not encouraging others to purchase with their emergency funds) ,try going through post well before replying , because you are just mid quoting me , because I only said not to use your emergency funds to purchase bitcoin just in the name of been aggressive, just try and go through my reply again then you may understand what I was trying to say properly

I agree that Gost ms seems to have had misunderstood you and was making a different point than what you were making.

I would suggest that any time that a guy might overdo his investment, he might end up having to tap into his emergency funds because he had created an emergency by not properly calculating or maybe even engaging in weak cashflow management practices.

Sometimes we might not realize the extent of our having had made mistakes until it is too late to change the trajectory.. and we might be faced with not having enough funds to cover our expenses because we might have miscalculated our income and/or miscalculated our expenses, and we might have even used some of our emergency funds and/or back up funds to buy bitcoin, yet we may have ended up overdoing it, yet not realizing the extent of our mistake until much further down the road...   We might have had also failed/refused to build up our emergency funds and/or back up funds after using them to buy bitcoin or to spend on some of our other expenses, and then we end up facing a situation of being short on cash, when we need it and we have bills coming in.

[edited out]

I already give you the full gist of people that time the market. While am investor is timing the market they are at same time accumulating and then when the Dip comes they seize the opportunity and that is what I am talking about I don't know what you read from my post that is making  you blab what I don't know. Moreover, someone who buys a thousand dollar of Bitcoin at the price of $74k and someone who buys a thousand dollar of Bitcoin at the price of $100k is entirely different thing that is to say you are wrong because if buying Bitcoin during the Dip won't increase one portfolio so why do you think great and small investors save enough money in there discretionary, off course it is to double up... When there's Dip.

Of course you can do whatever you want Derekfunds, including planning your accumulation of bitcoin around buying dips.

I doubt that in your approach you are going to beat the person who is more seriously focused on buying bitcoin consistently, persistently, ongoingly, regularly and perhaps even aggressively through DCA. 

There are going to likely be a lot of times that you are holding back value and waiting for dips that do not come. Sure, maybe this time you got lucky, yet I doubt that buying dips as a practice is a good one for guys who are in their earliest years of BTC accumulation, yet sure of course, you can do what you like and try to time the market and believe that you are smarter than everyone else with your abilities to time the market.   Maybe it will work out for you?  Perhaps?

[edited out]

What is the function of the emergency fund, is it not there to protect your investment, if you see the need to borrow your emergency fund to stock your investment and replace it immediately, I don't think there is anything wrong in you using your emergency fund to accumulate Bitcoin.

Let's take for instance that the funds in your wallet is not enough and due to network issue, you can't fund your wallet from your local currency for you to buy your needed satsh and you have your emergency funds with you, are saying that you are not going to buy the present low price will you allow the opportunity passes you by all just because you don't want to temper your emergency fund .

Emergency funds is for both your accumulation of your Bitcoin and your personal expenses, in a situation like these where network is very bad and transactions of my local currency into my bitcoin wallet is very bad, i will prefer to buy aggressively with my emergency funds because I don't know what the price will be at the next minute when network will be okay, therefore I will use it and replace it immediately except for those that does not have any means of replacement, but even at that you can still use part of it, not all, I don't want to believe that a serious minded investor that is hodling for a long-term will not means of replacing emergency funds if tempered.

Of course you can do whatever you like, but if you are not able to build up extra emergency funds that are ONLY touched upon actual emergencies, then you might be contributing to your own issues of having to dip into emergency funds, and not employing strong enough cashflow management.

Yes, I know it is difficult for poor people to build emergency funds, and I agree that it could take a year or two just to get an emergency fund that is equal to 3 months of expenses, perhaps at the same time as building up the bitcoin investment up to a similar size. 

I suspect that if you feel that it is o.k. to be always dipping into your emergency fund, then you are likely setting yourself up to situations in which you run out of emergency funds, and you have no choice but to sell your bitcoin at a time that was not necessarily a time of your own choosing.. .which likely means, you are never going to really advance to a point where you are building your wealth in significant and meaningful ways that also allows you to enjoy the benefits of compounding value.

[Tungbulu]

You should take note that as an newly investors who is just starting the accumulation journey or have limited experience should focus on consistency and regular investment regardless the market downturn, rather than trying to time the market this approach helps to reduce the impact of market volatility and timing risk management.
Why new investor to avoid timing the market, lack of experience can be a cause as an new investor you may not have the experience knowledge to accurately time the market, and trying to time the market can lead to emotional decisions making which usually leads to impulsive and costly decisions mistake.

Waiting to buy by timing the market is not only wrong for a newbie but also for an experienced investor who has not yet achieved his goal. Unnecessarily breaking the continuity of investment before achieving the goal is certainly not an ideal move for any investor, but rather a wrong move.

No matter what the market conditions are, the market conditions cannot have much impact on a long-term investor. From my perspective, the recession should be used to the maximum for buying. Because by buying during the recession, you will get the opportunity to buy more Bitcoin at a low price and you will be able to make yourself more profitable. My advice would be to prepare a reserve fund in preparation for being aggressive during the recession by maintaining continuity in investing during the market bull run and be aggressive in investing as soon as the market is in a recession so that you are able to accumulate more Bitcoin and can move quickly towards achieving the goal.

I don't see how building a reserve fund helps to be more aggressive, except surely it helps for anyone who might make mistakes or if they might have extra expenses that they had not anticipated.  Within DCA buying buys can already be choosing his level of aggressiveness, and sure there can be some value to hold back funds for various expenses, so that there is  no need to sell bitcoin at any time that is not expected, and perhaps reserve funds would be first tapped into for anyone who might have some unexpected expenses, so that the emergency funds would be available for any actual emergency, yet the emergency funds might not be needed in the vent hat a person other wise has good cashflow management practices that includes maintaining various kinds of back up funds.

You make a very valid point about the building of a reserve fund. It’s true that the main idea of having a reserve fund is to provide a financial backup and a kind of a safety net to fall back on in cases of financial mistakes or unexpected expenses, which of course can really come in handy as it helps to reduce financial stress and pressure. There are times when people or investors resort to selling their Bitcoin holdings at unfavorable prices, simply because they have one bill or expenses to take care of, in such a situation, the reserve fund can kick in and help you avoid making such a financial mistakes, especially for those who plan HODLing for the long term.

Your advice and idea to tap into the reserve funds when there’s an unexpected expenses, rather than the emergency fund is spot on. Because, you can still end up reserving your emergency funds for actual emergencies and not spending them all in some petty bills and Small unexpected expenses.

Your theories are more of an advocacy for good cash flow management practices, like we know, which doesn’t only apply to one’s investment or portfolio but also includes managing and maintaining different types of backup funds which of course is also a very essential aspect of the investment. Not every investor knows this, but any investor who prioritizes this practice and approach would end up being more prepared for whatever situation or life’s uncertainties that may arise and also make more informed decisions concerning their investments.

[Solokan]

Buying the dip is not bad at all but timing the market is not encouraging at all , yeah the market might be experiencing some significant volatility recently due to some economy disturbance , which have lead to some dip in the market recently, does not me that you will have to start timing the market , we all know that the market can go two ways , so imagine you where waiting for the dip , and at the end prices end up surging instead you will
Miss a lot of buying opportunities, causing you to missed out.

I won’t lie this is a very nice opportunity (the recent dip ) to purchase more bitcoin at cheaper rate rather than panicking like you are holding some kind of shitcoin or something, because bitcoin is one of the assets with fast movement when it comes to price fluctuations, you can see bitcoin at $75k and few hours later it’s already at $80k+ , while some shitcoins may even take months or years to go back to their previous ATH, just stick to your dca accumulation, try and accumulate as much as you can without over doing it , like going to the extent of touching your emergency funds .

What do you mean by touching the emergency fund? If you mean buying aggressively with the emergency fund, I disagree with you. Emergency funds are designed to deal with emergencies only. Buying aggressively with the emergency fund or investing money from the emergency fund is never a good decision for an investor. If you do not have enough money to continue investing, then I think it would be a good decision to put your investment on hold for some time.

Suppose you have invested money from the emergency fund. And if you have a financial disaster in the meantime, then you will have no choice but to sell your investment. Emergency funds should be used only for emergencies. It is not right to use emergency funds for investing.

While I_Anime was advising investors to utilize the opportunity that the market has brought to buy the current dip, I_Anime didn't say that investors should use their emergency fund to buy the dip if they don't have leftover money to comfortably buy the dip. I_Anime was still of the opinion that if investors are buying the dip, they should not overdo it in such a way that they will use their emergency fund to buy the dip, which is the right way to invest in bitcoin, and it will allow investors to always solve their unexpected problems during their accumulation journey with their emergency fund.

I agree with you, yes, what I_Anime said is true and of course it is clearly written in bold that using emergency funds to buy btc is not recommended by I_Anime. and yes, apparently Gost ms accidentally misread it. 

but I like the way Gost ms explains it because emergency funds are not for buying btc but emergency funds are for something outside of that such as our medical expenses if we are sick and so on so that we do not sell our btc when we need money, well that's true, that's where emergency funds are important.

but yes, it is very true when the price of btc falls, of course it is a golden opportunity that must be done for anyone who wants to collect btc and indeed the price of btc has very high volatility and of course that indicates that there are many people interested in buying btc and of course now after the btc price has dropped to around $75k, but now the price of btc is more than $80k and it seems that this indicates that btc will certainly have the potential to rise even higher in the next few months.

[maydna]

~snip~

I still wondering the kind of research that you are considering for a wise investor to make before buying Bitcoin, I guess you are talking about analysing the market conditions before buying Bitcoin. However, as an investor with a long term goals and objectives, you don't need to make any research about the market before buying Bitcoin, it is complex to analyze the market conditions such that an investor don't need to make investment decisions based on the market in order not to miss buying opportunities while attempting to analyze the market conditions, what every new investor needs is to acquire the basic knowledge of Bitcoin and figure out how much of discretionary income they have to invest in Bitcoin and not to wait till they learn many things since they can be doing that at the same buying Bitcoin with the dca strategy.

You still need to research the market before you buy at least that will give you more information about what happen to the market. If you buy at a high, your average buy will increase so you can make a note in your file or buy trade order.

Even if you use DCA strategy, you still need to know where is the market position, whether if that is up or down. But that will be too complicated. So we will have our own way to do related to Bitcoin investment.

The new investor should know when the time to invest in Bitcoin. Without learn more, they can not just buy Bitcoin randomly because that can make them buy at a high. Besides that, when the price is down, they can panic and worry to see their investment value will go down.

~snip~

That's the volatile nature of Bitcoin and if they missed to consider this situation then look up those unrealistic pump then provably that they will just get panic if there's a dump will came. But if they are aware and know that long term investment is a best choice for sure they would never engage on something unrealistic about Bitcoin and rather just buy when market is on pump or even in bearish trend.
Research is somehow important but that doesn't mean that they should wait and try to learn many things before investing on Bitcoin since basic knowledge is already enough for them to start.

They would just waste an opportunity if they going to missed buy Bitcoin for many days because they are want. So instead of wasting their time thinking about better approach better act now and aimed to get more volumes since this is more better rather than being skeptical and always think about other technical matters.

The panic will come to those who are not ready. But those who know that Bitcoin will have volatility and they must be ready for that will not panic instead will see the chance to buy back at a low. That is why research still important whether they use DCA or not because research will give more information to them so they will be carefully to act.

If they can research and know when they can enter the market, they will not miss the opportunity. They will not waste their time because they can act at the right time. But this is not easy because they must practice that many times.

~snip~

Not only will it change the mindset, but more importantly they must know and make it a motivation to see the track record of Bitcoin's journey to date. And with this they will realize that Bitcoin is very volatile and treating Bitcoin for the long term is the best choice because there will always be a decline, but in the end the price will continue to increase in the long term and the decline that occurs is the process.

And that's what they have to instill in their minds and also have to have strong beliefs because that will make them not waver with the decline that occurs and will continue to buy when the decline occurs or do DCA and increase their routine purchases when the decline occurs and normalize when the price continues to increase and that's how they will get extraordinary profits in the future because Bitcoin is a long-term investment that will never fail in terms of profit as long as they have strong beliefs and strong patience and also its track record becomes motivation.

If they can realize the volatility of Bitcoin they will not have to worry but they will treat Bitcoin for a long term investment because they already have seen how good the Bitcoin perform from a few years ago. They know the decline but they can calm down themselves and research to find the time to buy back at a low. They will not just buy at a random price because they know that the price can go down for more so that is why they don't leave the research while that will help them to decide.

With the decline that happen many times, that will just give them more opportunities to buy back Bitcoin at a low so they will not want to miss that chance. They know that perhaps they will not see that low price anymore in the future especially when the price increase to the highest price.

~snip~

Fair enough the whole price situation becomes complicated when an investor stress more often, before buying a person don’t need every details about bitcoin first although don’t get the point wrong but there’s what we call the basic knowledge which involves the necessary information anyone should learn about bitcoin and it doesn’t take forever neither a week. Every process comes with learning when investing gradually such newbie becomes knowledgeable within few period of time while investing, when it comes to allocating the money used for accumulating bitcoin it all depends on the income available and their financial capacity because it varies, there’s a planning involved not just the funds for buying instead other investment backup. Worrying about the price is not necessary seeing other important list provided except the person is a trader, a long term plan doesn’t require price curiosity.

If that investor have a knowledge how to manage the risk and can calm down himself if he face a problem, he will realize and see the way to fix the problem without stress. He can be wise in his decision and will not rush to decide before he know the whole thing and analyze it. Yes, every process comes with learning so when he can learn more about the Bitcoin investment, he will have much information that he can use to solve every problem that he may face. Perhaps, with his knowledge, he will not just invest in Bitcoin but he will also trade because he will see the other chance to make money as his profit. So having much knowledge from our learning will help us to analyze and know what we need to do.

~snip~

Trump has already informed us that it's a good time for us to buy because this is a great opportunity for everyone of us that are in the market for a better opportunity like this.
I will like to give Trump a big kudos for creating tension in the market that made the billionaires to sell their assets allowing the price of both the stock market market and the crypto market to go dip so that we can have the opportunity to buy without panicking.

Those that know how the market works would take this opportunity and starts buying before the bull run will continue. The trade war between US and China is the major cause of the market disruption that have made everyone to be panicking whether it's a great time to buy or to keep holding.

Even that, we must still be careful because we don't know what Trump's plan doing that. He is businessman, politicians and else so he will have many things inside his plan that we don't know. Perhaps he deliberately made the situation like this so he could get something he wanted. But he succeed made many billionaires worry and sell their assets following what happen to the market.

This will not end soon because I guess Trump will make another noisy and make more people are in dilemma and hard to decide. But we can wait for what Trump will do so we can act based on the current situation so just be careful.

~snip~

Hope you know so many investors are investing and accumulating bitcoin with the DCA strategy, so even though I don't know the kind of research you think wise investors need to carry out before buying bitcoin, I think it's not necessary for them to do so because the DCA strategy has them covered, and they can buy bitcoin with it anytime their accumulation money is readily available, and they won't worry about the price of bitcoin. When new investors want to start their bitcoin investment, they don't need to learn so many things about bitcoin; if they can gain the basic knowledge about bitcoin, they are okay to invest in bitcoin, but as they are accumulating bitcoin, they can be learning the necessary things they need to know about bitcoin.

The research will be about the accumulation of money, how they start, what they need to prepare, and else. If they already started, they should stick to their plan in DCA strategy because many people can not do this especially when they see the market too volatile and the price is up and down. More research will be about what they could do if the market like this, and how they can use the current situation for their benefit. The investor do not just want to have the investment but they also want to know how they can make more and more money. So they will research for other things that can benefit them especially add more profit to them.

[Sim_card]

~snip~

I still wondering the kind of research that you are considering for a wise investor to make before buying Bitcoin, I guess you are talking about analysing the market conditions before buying Bitcoin. However, as an investor with a long term goals and objectives, you don't need to make any research about the market before buying Bitcoin, it is complex to analyze the market conditions such that an investor don't need to make investment decisions based on the market in order not to miss buying opportunities while attempting to analyze the market conditions, what every new investor needs is to acquire the basic knowledge of Bitcoin and figure out how much of discretionary income they have to invest in Bitcoin and not to wait till they learn many things since they can be doing that at the same buying Bitcoin with the dca strategy.

You still need to research the market before you buy at least that will give you more information about what happen to the market. If you buy at a high, your average buy will increase so you can make a note in your file or buy trade order.

Researching about the market isn't useful for a long term investor because you need to just keep your bitcoin accumulation ongoing, regularly, consistently and persistently irrespective of the price of bitcoin. DCA strategy has given you the better chance to growing your bitcoin investment disregard of whatever is happening in the market.

Even if you use DCA strategy, you still need to know where is the market position, whether if that is up or down. But that will be too complicated. So we will have our own way to do related to Bitcoin investment.

When you are DCAing, your priority is for you to keep on buying whenever you have your discretionary available and focus on building your bitcoin portfolio to reach your bitcoin target irrespective of the price of bitcoin, because in future bitcoin will be more expensive than what you buy it today.

The new investor should know when the time to invest in Bitcoin. Without learn more, they can not just buy Bitcoin randomly because that can make them buy at a high. Besides that, when the price is down, they can panic and worry to see their investment value will go down.

There is no best time to invest in bitcoin, whenever your discretionary income is available, you should get started immediately wether we are in the bull run or bear run because the price of bitcoin shouldn't be your concern since you are not buy one full bitcoin. A new investor should use DCA method to accumulating bitcoin with part of his discretionary income that will enable him keep on buying regularly for 4-10 years and above without stopping.

So are you saying that if the price is high, they shouldn't buy bitcoin, that's not DCA method but buying at the dip. A new investor should already know the basic knowledge about bitcoin that it's volatile in nature and should be a long-term investment. If the price is dipping, as long as he did not sell and using part of his discretionary income to invest, why the panic.