Buy Buy Buy or Sell Sell Sell?

[ruykeri]

[quote aut

To me, it seems better if guys attempt to try to be purposeful with the extent to which they might be buying extra bitcoin on the dip, since it seems that whenever money is available to buy the dip, that money has either been purposefully set aside for buying the dip or it was a result of some kind of surprise income stream.

Surely, if it is a product of a surprise income stream, I have no problem with the idea of buying the dip with the money, even though there even comes a dilemma if the BTC price happens to be dipping, and then the person buys right away or how does he determine if more dip might come? 

I think that if guys already have systems in place, then they are less likely to screw up their cashflow for buying on the dip purposes.

Surely guys who are regularly buying some kind of a budgeted amount of BTC each week, they  may also decide to hold back something like 20% of their BTC purchase amount for buying on the dip.  So then if they are already in the practice of holding money on the side to buy the dip, then as that money builds up they may well have to consider at which prices are they going to be buying the dip.  For example, at a 10% correction, and then every 5% additional dip until running out of dip buying money.

Some guys likely consider that they are going to hold money on the side to buy the dip, and then they are going to attempt to maximize their use of such dip money by figuring out how much of a dip is a good dip, and that just seems like a fantasy to me.  I personally think that guys should attempt to mostly be more systematic rather than imagining that they will be able to magically figure out the dip location.  That kind of dip buyings seems too much like fantasizing and a form of gambling.

Although I am in favor of buying Bitcoin regularly, I still support dips. Because I can divide my money into three parts, for example, if I want to invest $50/100 every week, then (if it is $50) $20 for regular, $20 for dips, and $10 for emergencies. Suppose I buy $20 regularly every week, and keep $20 for dips and wait. I set a target like this, if there is a dip, I will buy Bitcoin with this dip money. In this way, I wait for two, four, six months, if desired, I will buy, otherwise I will keep depositing. And I have regular money, I will keep buying regularly from there. I think this method is good. If I buy with all the dollars at once, it will be seen that when there is a lot of dips, I do not have any dollars left. Then I will feel and regret it, so we need to create a fund called dip to buy Bitcoin. Sometimes there is a market crash, then we can use that emergency money.  Or you can use it for any need you have. I think there is no alternative to saving to make your future life beautiful.

There's no need of mapping out some portion of your discretionary that you will be using to buy during the dip, if it is $100 you have in your discretionary fund and you intend to be putting $50 into bitcoin regularly, maybe you can choose to keep the rest $50 should incase there's any other business/ investment you will like to diversify into. If you don't have any other budget apart from your bitcoin investment, then I will advice you put the $100 in your bitcoin investment if your emergency fund and back up is available instead of delaying your accumulating journey in saving up some portion of your discretionary fund ahead of the dip that you're not even sure of when it will happen, once your emergency fund and your back up funds is  available you can still deep your hand in any of this funds to increase your aggressiveness when there is dip, so there's absolutely nothing to worry about.

None of us can ever accurately predict the dip of Bitcoin. Therefore, if you can consider the current time as a dip without expecting a dip at the beginning of the investment, then you can invest in Bitcoin smoothly. It is definitely a good idea for an investor to create an emergency fund in the case of Bitcoin investment. This will enable him to maintain his investment in any adverse situation. But if someone wants to give importance to the dip rather than investment, it will hinder his current Bitcoin accumulation. Of course, buying from the dip is an opportunity where it is possible to buy a large amount of Bitcoin with relatively little money. After all Investing in Bitcoin should be started in the initial stage.

Yes, I think that Bitcoin is in a deep stage right now. Because the way Bitcoin's value has started to increase and its popularity is spreading, even if its price fluctuates in the future, it cannot be expected to be much lower than the value it currently has. If anyone  can invest in Bitcoin on a regular basis using the DCA method, can definitely make good and unimaginable profits.To get actual profits from Bitcoin must invest for a long time. Because investing for 1-2 years doesn't really have much impact on Bitcoin's valuation. Need to invest for at least 4 to 10 years.
Bitcoin is currently at $118k. I don't think it will go below $110k even if the price drops. I think the value of BTC will cross $150k in the next 4 to 6 months . So if anyone is thinking about long term investing, they should start now. Discretionary income is usually around 10% to 20% of total income. So if anybody invest regularly from here,he will definitely get many times more profit in the future than investing in anything else.

[Catenaccio]

Yes, I think that Bitcoin is in a deep stage right now.

In 2025 Bitcoin is no longer a hidden gem so it is not in a deep stage now. You can say about it in 2009 or a few years after that and get aggrement of many people as Bitcoin is a hidden gem, but if you say it in 2025, I am sure most people disagree with you.

Because the way Bitcoin's value has started to increase and its popularity is spreading, even if its price fluctuates in the future, it cannot be expected to be much lower than the value it currently has. If anyone  can invest in Bitcoin on a regular basis using the DCA method, can definitely make good and unimaginable profits.To get actual profits from Bitcoin must invest for a long time. Because investing for 1-2 years doesn't really have much impact on Bitcoin's valuation. Need to invest for at least 4 to 10 years.

You can easily check Bitcoin ROIs in past years with some websites.
https://casebitcoin.com/
https://cryptorank.io/price/bitcoin/analytics

If you don't know about how many years you should hold your bitcoin for profit, the hodl camp map can help you.
https://hodl.camp/#

Its holding line suggests 5 years and 1 month of holding for profit.

[Loyang]

Honestly speaking I don’t think there is anything wrong if an investor choose to invest all his discretionary income into bitcoin, considering that you have taken care of your expenses and you’ve an emergency and reserved funds, if I choose to invest all my discretionary income into bitcoin, instead of using it to extravagance lifestyle of buying cloths and during drinks and cigarettes and clubbing, at this point of my accumulation stage I think there is no need for such lifestyle.

I would prefer using my discretionary income to buy more Bitcoin and be more aggressive instead of using my discretionary income for some unreasonable and unrealistic activities.

Investing aggressively is good but to an extent, just as you have said if you have taken care of all your expenses and still got an emergency and reserve funds them you are good to go , you can invest aggressively into Bitcoin and stack up your portfolio instead of wasting your discretionary income in an unnecessary things that you may look back and regret tomorrow, but since Bitcoin is a long term investment I would advice you invest with your discretionary but not all so it won’t result to you selling it , you can just invest little by little and before you know it , you have got a good portfolio.

A person level of aggressiveness all depends on the amount of discretionary income available, they can’t go outside the line meanwhile if the backup fund is set it’s a free will to invest aggressively but, make sure you’re not doing too much when you need to save up more emergency and reserve funds alongside investing. One thing about buying aggressively it must not always be regular, honestly we have different financial crisis and yours is different from mine or unexpected situation just comes up reason we should invest knowing our capacity to further investing for a long period of time like 10 years plan.

Yes, I totally agree with you agreessive investment should not be done often because there is every possibility that you will run out of funds and once an Investor run out of funds it is going to be a very big problem. The only thing that should be carry out or done regularly or often is our DCA method while agreessive investment should be done once in awhile when we have saved up something big that will help us take advantage of the market. Anyone investor who doesn't understand this word investing agreessive might exceed their limit and one thing about investment is that once you exceed what you are suppose to..., you will see the consequences but a good investor can reduce the consequences by taking necessary actions.

We can’t really say to what level a person can be aggressive or how he can go about it. An Investor who has been investing half of his discretionary income into bitcoin for a while (6months -1year) he can decide to be aggressive by investing the full discretionary money or 90% of it consistently.
Aggressive buying is good and it’s better encouraged if you have the means to be aggressive. It makes you accumulate more bitcoin than you could have if you were buying whimply.

Each of us have our different financial strengths and capabilities, I can be as aggressive as I want to be and it wouldn’t be a problem but if Mr. A wants to be as aggressive as I am it might become a problem for him. So we are each responsible for how aggressive we can be and it should be under our financial capabilities.

How aggressive one is is a personal decision. But I think it is not right to be so aggressive that your portfolio may be at risk. Buying aggressively is not bad at all but if you buy aggressively and put your saved Bitcoin at risk then it can be a very bad decision for you.

Instead of buying aggressively all the time, if you follow your DCA method and continue to invest with 25% or less of your discretionary income consistently then it will be very good for you. With the amount of money you have left, you can buy aggressively when you see a decline in the market. Or if you have some kind of financial crisis then you can take money from there and overcome your financial crisis and if your financial crisis is not overcome then you can take money from your emergency fund.

[Stormisover]

Honestly speaking I don’t think there is anything wrong if an investor choose to invest all his discretionary income into bitcoin, considering that you have taken care of your expenses and you’ve an emergency and reserved funds, if I choose to invest all my discretionary income into bitcoin, instead of using it to extravagance lifestyle of buying cloths and during drinks and cigarettes and clubbing, at this point of my accumulation stage I think there is no need for such lifestyle.

I would prefer using my discretionary income to buy more Bitcoin and be more aggressive instead of using my discretionary income for some unreasonable and unrealistic activities.

Investing aggressively is good but to an extent, just as you have said if you have taken care of all your expenses and still got an emergency and reserve funds them you are good to go , you can invest aggressively into Bitcoin and stack up your portfolio instead of wasting your discretionary income in an unnecessary things that you may look back and regret tomorrow, but since Bitcoin is a long term investment I would advice you invest with your discretionary but not all so it won’t result to you selling it , you can just invest little by little and before you know it , you have got a good portfolio.

A person level of aggressiveness all depends on the amount of discretionary income available, they can’t go outside the line meanwhile if the backup fund is set it’s a free will to invest aggressively but, make sure you’re not doing too much when you need to save up more emergency and reserve funds alongside investing. One thing about buying aggressively it must not always be regular, honestly we have different financial crisis and yours is different from mine or unexpected situation just comes up reason we should invest knowing our capacity to further investing for a long period of time like 10 years plan.

Yes, I totally agree with you agreessive investment should not be done often because there is every possibility that you will run out of funds and once an Investor run out of funds it is going to be a very big problem. The only thing that should be carry out or done regularly or often is our DCA method while agreessive investment should be done once in awhile when we have saved up something big that will help us take advantage of the market. Anyone investor who doesn't understand this word investing agreessive might exceed their limit and one thing about investment is that once you exceed what you are suppose to..., you will see the consequences but a good investor can reduce the consequences by taking necessary actions.

We can’t really say to what level a person can be aggressive or how he can go about it. An Investor who has been investing half of his discretionary income into bitcoin for a while (6months -1year) he can decide to be aggressive by investing the full discretionary money or 90% of it consistently.
Aggressive buying is good and it’s better encouraged if you have the means to be aggressive. It makes you accumulate more bitcoin than you could have if you were buying whimply.

Each of us have our different financial strengths and capabilities, I can be as aggressive as I want to be and it wouldn’t be a problem but if Mr. A wants to be as aggressive as I am it might become a problem for him. So we are each responsible for how aggressive we can be and it should be under our financial capabilities.

Reading your post I guess you have explained to what level a person can be aggressive which should be within the person overall discretionary income which the person decide to be investing with comfortably and most come in alignment with your risks level, now two things I consider in my post which investing aggressively within your financial means and also how much of it you can be able to risk which will be different from other people, doing this automatically defines a person level of aggressiveness which the person should go with.

[Jewan420]

Reading your post I guess you have explained to what level a person can be aggressive which should be within the person overall discretionary income which the person decide to be investing with comfortably and most come in alignment with your risks level, now two things I consider in my post which investing aggressively within your financial means and also how much of it you can be able to risk which will be different from other people, doing this automatically defines a person level of aggressiveness which the person should go with.

Being aggressive in investing should be completely dependent on the discretionary income of the person. Make sure that you have the necessary backup funds and that you are able to invest consistently. Also, make sure that being aggressive in investing does not have a negative impact on your life. Because, sometimes, being aggressive in investing incorrectly leads to financial problems and a person is forced to take wrong steps in investing.

Never plan to be aggressive in investing by focusing on the market or based on the advice of other people. Rather, consider your position and consider your discretionary income to ensure that you are able to be aggressive in investing or not. If you are not able, then do not take risky steps.

[Stormisover]

Reading your post I guess you have explained to what level a person can be aggressive which should be within the person overall discretionary income which the person decide to be investing with comfortably and most come in alignment with your risks level, now two things I consider in my post which investing aggressively within your financial means and also how much of it you can be able to risk which will be different from other people, doing this automatically defines a person level of aggressiveness which the person should go with.

Being aggressive in investing should be completely dependent on the discretionary income of the person. Make sure that you have the necessary backup funds and that you are able to invest consistently. Also, make sure that being aggressive in investing does not have a negative impact on your life. Because, sometimes, being aggressive in investing incorrectly leads to financial problems and a person is forced to take wrong steps in investing.

Never plan to be aggressive in investing by focusing on the market or based on the advice of other people. Rather, consider your position and consider your discretionary income to ensure that you are able to be aggressive in investing or not. If you are not able, then do not take risky steps.

Estimating personal level of aggressiveness should be much more centered on how much of the discretionary income that anyone can chooses to invest in to Bitcoin and not the total amount of their discretionary income, my discretionary income can be larger than yours but it is my choice to choose my level of aggressiveness with the part of the discretionary income I want to invest in Bitcoin and can decide on what to do with the other part of the discretionary income that is entirely not related to buying Bitcoin but for other objectives.

[Tonimez]

Reading your post I guess you have explained to what level a person can be aggressive which should be within the person overall discretionary income which the person decide to be investing with comfortably and most come in alignment with your risks level, now two things I consider in my post which investing aggressively within your financial means and also how much of it you can be able to risk which will be different from other people, doing this automatically defines a person level of aggressiveness which the person should go with.

Being aggressive in investing should be completely dependent on the discretionary income of the person. Make sure that you have the necessary backup funds and that you are able to invest consistently. Also, make sure that being aggressive in investing does not have a negative impact on your life. Because, sometimes, being aggressive in investing incorrectly leads to financial problems and a person is forced to take wrong steps in investing.

Never plan to be aggressive in investing by focusing on the market or based on the advice of other people. Rather, consider your position and consider your discretionary income to ensure that you are able to be aggressive in investing or not. If you are not able, then do not take risky steps.

Estimating personal level of aggressiveness should be much more centered on how much of the discretionary income that anyone can chooses to invest in to Bitcoin and not the total amount of their discretionary income, my discretionary income can be larger than yours but it is my choice to choose my level of aggressiveness with the part of the discretionary income I want to invest in Bitcoin and can decide on what to do with the other part of the discretionary income that is entirely not related to buying Bitcoin but for other objectives.

A good Cashflow management would be default take care of money allocation. A proper financial management means that you plan for every aspect from the point of payment and if that be the case, that means your discretionary income would have been long distributed into the back up funds, emergency funds and investment funds. It's only the investment funds that you can choose to manoeuvre the way you wish. This means that if you previously chose to invest just a part of the investment funds, you may still have a part to sponsor your luxury. If that be the case, aggressiveness can only come from cutting off part of the extreme luxury you chose to use part of your already established investment funds to sponsor. By so doing, you can invest aggressively once more while still holding tight your emergency funds and back up funds to cushion your investment.

Away from this, an unexpected income could also be channelled into aggressive buys all aimed at HODLing for a long time. Whatever goes beyond this options like investing with your emergency funds could hinder your successful holding.

[Bluedrem]

Yes, I think that Bitcoin is in a deep stage right now. Because the way Bitcoin's value has started to increase and its popularity is spreading, even if its price fluctuates in the future, it cannot be expected to be much lower than the value it currently has. If anyone  can invest in Bitcoin on a regular basis using the DCA method, can definitely make good and unimaginable profits.To get actual profits from Bitcoin must invest for a long time. Because investing for 1-2 years doesn't really have much impact on Bitcoin's valuation. Need to invest for at least 4 to 10 years.

When a person is thinking of investing in Bitcoin, he should continue to buy Bitcoin as much as he can, even if the price keeps falling. You and I cannot say when the price of Bitcoin will ever fall or rise. If the price of Bitcoin starts rising after starting the investment, it strengthens your morale.
When the price falls, you should not take it as a negative but as one of your buying opportunities. I think you should buy as aggressively as possible at that time because it will be good luck for you.
I don't understand why people sit around risking their money for inflation when they have the opportunity to protect their assets from inflation by investing in Bitcoin and multiply it several times.

Discretionary income is usually around 10% to 20% of total income. So if anybody invest regularly from here,he will definitely get many times more profit in the future than investing in anything else.

I think you have a lot of ignorance about your income and expenditure.
I have seen many people who do not spend any discretionary money on their basic needs from the amount they earn. Again, I have seen people who cannot spend even 5-10% of their income on their basic needs. So how do you say that 10-20% of a person's total income is a discretionary income.
No matter how much discretionary income a person has, we can never force a person to invest in Bitcoin because he can use his money as he wants. We can only say that if someone wants to be financially secure in the future and wants to maintain the security of their earned money, then he should definitely invest in Bitcoin.

[Kelward]

Reading your post I guess you have explained to what level a person can be aggressive which should be within the person overall discretionary income which the person decide to be investing with comfortably and most come in alignment with your risks level, now two things I consider in my post which investing aggressively within your financial means and also how much of it you can be able to risk which will be different from other people, doing this automatically defines a person level of aggressiveness which the person should go with.

Being aggressive in investing should be completely dependent on the discretionary income of the person. Make sure that you have the necessary backup funds and that you are able to invest consistently. Also, make sure that being aggressive in investing does not have a negative impact on your life. Because, sometimes, being aggressive in investing incorrectly leads to financial problems and a person is forced to take wrong steps in investing.

Never plan to be aggressive in investing by focusing on the market or based on the advice of other people. Rather, consider your position and consider your discretionary income to ensure that you are able to be aggressive in investing or not. If you are not able, then do not take risky steps.

The term "aggressive buying" might sound complicated to the regular guy that is doing his calculated DCA method of accumulation. Aggressive buying is not necessary for somebody who is on a steady income and has a budget for his income, he gets to decide what percentage to use for accumulation that wouldn't weigh him down.

DCA method is hodling for the long term and it's not necessary to be aggressive in buying Bitcoin, except perhaps if the person doesn't have much financial responsibilities or they're very rich. If you don't have excess funds to sustain aggressive buying then there's no point to doing it because you'd most likely get stuck along the way and start to sell prematurely.

 Financial management is essential for anybody that wants to sustain Bitcoin investment for a long term. It all comes down to priotize your needs according to their importance to you. For me the most important is your basic expenses, the rest comes into discretionary funds. From there you'd decide the percentage of what goes into where like emergency funds, Bitcoin accumulation and the rest.

[Cpt_reader]

You quoted my post badly, again, but I fixed it in this post.

Of course, you can do whatever you like in terms of holding back value in order to buy the dip that may or may end up not happening.  I think that I already explained well enough in regards to my ideas why newbies should focus on ongoing buying rather than strategizing for dips that might not happen.

You seem to be inclined towards trading rather than investing, since if you have a 4-10 year or longer investment timeline, then surely it might not make much difference if you bought at $123k or at $95k, even if $95k were to be possible.. we don't know, and we don't even know if sub $110k is possible, either.  So if you are waiting for dips that might not happen, you are gambling and potentially failing/refusing to prepare for up with your over-preparation for down..

But again, do what you like.,. it is your money and you have to live with the consequences of your actions, even if you think you have some kind of a trade angle (or buying on dip angle) figured out.

I am grateful to you. You have pointed out my mistake and explained the correct method. I have seen your post and many other posts on the forum on this subject and I have realized that the DCA method is a thousand times better than buying Bitcoin through the dip method. If I deposit money for the dip and if it is not a proper dip, then there is a possibility of inflation and the money can be spent in other sectors, but if Bitcoin is invested, then it will be a strong reserve. And since I myself do not like trading and since I intend to buy and hold Bitcoin for five to ten years, I will skip the dip method and buy Bitcoin continuously. And thank you very much for opening my inner eyes.

[Jostern]

Honestly speaking I don’t think there is anything wrong if an investor choose to invest all his discretionary income into bitcoin, considering that you have taken care of your expenses and you’ve an emergency and reserved funds, if I choose to invest all my discretionary income into bitcoin, instead of using it to extravagance lifestyle of buying cloths and during drinks and cigarettes and clubbing, at this point of my accumulation stage I think there is no need for such lifestyle.

I would prefer using my discretionary income to buy more Bitcoin and be more aggressive instead of using my discretionary income for some unreasonable and unrealistic activities.

Investing aggressively is good but to an extent, just as you have said if you have taken care of all your expenses and still got an emergency and reserve funds them you are good to go , you can invest aggressively into Bitcoin and stack up your portfolio instead of wasting your discretionary income in an unnecessary things that you may look back and regret tomorrow, but since Bitcoin is a long term investment I would advice you invest with your discretionary but not all so it won’t result to you selling it , you can just invest little by little and before you know it , you have got a good portfolio.

A person level of aggressiveness all depends on the amount of discretionary income available, they can’t go outside the line meanwhile if the backup fund is set it’s a free will to invest aggressively but, make sure you’re not doing too much when you need to save up more emergency and reserve funds alongside investing. One thing about buying aggressively it must not always be regular, honestly we have different financial crisis and yours is different from mine or unexpected situation just comes up reason we should invest knowing our capacity to further investing for a long period of time like 10 years plan.

Yes, I totally agree with you agreessive investment should not be done often because there is every possibility that you will run out of funds and once an Investor run out of funds it is going to be a very big problem. The only thing that should be carry out or done regularly or often is our DCA method while agreessive investment should be done once in awhile when we have saved up something big that will help us take advantage of the market. Anyone investor who doesn't understand this word investing agreessive might exceed their limit and one thing about investment is that once you exceed what you are suppose to..., you will see the consequences but a good investor can reduce the consequences by taking necessary actions.

I think that our level of aggressiveness would depend on our personal decision and the situation that we could find ourselves considering our financial circumstances and financial capabilities it’s wise that we consider our financial management, I believe that before an investor considers buying Bitcoin aggressively the fellow must have put everything in place before considering how to be aggressive and when to be aggressive, that is why it’s best to be cautious as well and try to know our limit of being aggressive. Well I think it’s just our mindset of making decisions based on our aggressiveness decisions.

[Baki202]

Reading your post I guess you have explained to what level a person can be aggressive which should be within the person overall discretionary income which the person decide to be investing with comfortably and most come in alignment with your risks level, now two things I consider in my post which investing aggressively within your financial means and also how much of it you can be able to risk which will be different from other people, doing this automatically defines a person level of aggressiveness which the person should go with.

Being aggressive in investing should be completely dependent on the discretionary income of the person. Make sure that you have the necessary backup funds and that you are able to invest consistently. Also, make sure that being aggressive in investing does not have a negative impact on your life. Because, sometimes, being aggressive in investing incorrectly leads to financial problems and a person is forced to take wrong steps in investing.

Never plan to be aggressive in investing by focusing on the market or based on the advice of other people. Rather, consider your position and consider your discretionary income to ensure that you are able to be aggressive in investing or not. If you are not able, then do not take risky steps.

And even with the income, you will need to be disciplined about it because when it all began, there is always something to spend your money on, and if you know how to manage everything, then it should not be a problem when you want to buy. Then you have to be intentional about it because being intentional is what will determine if you are serious or not. and when you buy, then they should be holding because the advantage of holding is that when you are selling, then you are selling for a good price.

And focusing on the market means that you are buying anytime you want because it is what you plan for that you will get. The market is not predictable, so in preparation, the adoption of the DCA method makes it very easy for people to actually accumulate, even if the market is not doing well, because that is one of the best ways that you can even do more. It is not what you expect that you might see, but you just have to trust the process, and from trusting the process, you then meet your expectation.

[Muba20]

Yes, I think that Bitcoin is in a deep stage right now. Because the way Bitcoin's value has started to increase and its popularity is spreading, even if its price fluctuates in the future, it cannot be expected to be much lower than the value it currently has. If anyone  can invest in Bitcoin on a regular basis using the DCA method, can definitely make good and unimaginable profits.To get actual profits from Bitcoin must invest for a long time. Because investing for 1-2 years doesn't really have much impact on Bitcoin's valuation. Need to invest for at least 4 to 10 years.

When a person is thinking of investing in Bitcoin, he should continue to buy Bitcoin as much as he can, even if the price keeps falling. You and I cannot say when the price of Bitcoin will ever fall or rise. If the price of Bitcoin starts rising after starting the investment, it strengthens your morale.
When the price falls, you should not take it as a negative but as one of your buying opportunities. I think you should buy as aggressively as possible at that time because it will be good luck for you.
I don't understand why people sit around risking their money for inflation when they have the opportunity to protect their assets from inflation by investing in Bitcoin and multiply it several times.

Investing in Bitcoin should not be expected to make immediate gains, but should be done for long-term goals. If you want to make profit from the investment temporarily, it can lead to losses. Those who knew about Bitcoin earlier are now regretting it. Because if they could have bought Bitcoin at that time, they could have made profit today but they could not maintain their mental strength at that time. There are also some who bought it but panicked due to a slight price correction and sold their Bitcoin. If you can invest in Bitcoin aggressively without wasting time according to your ability, then it will definitely be profitable. The price is not the concern but how much a holder has been able to save that is the fact.

[Futurexxx]

How aggressive one is is a personal decision. But I think it is not right to be so aggressive that your portfolio may be at risk. Buying aggressively is not bad at all but if you buy aggressively and put your saved Bitcoin at risk then it can be a very bad decision for you.

You are very correct about this buddy, it's not a terrible idea buying aggressively, as long as it's done within your discretionary income, where the problem usually is, is over doing it to the extent that you start using money meant for other things to invest in Bitcoin, but if that harbit can be avoided and your investment is done within the confinement of your discretional income, you have no worries because the probability of you tempering with your holdings are slime as long as you have your emergency and reserve funds in place.

[Y3shot]

I know that discretionary income is the leftover money after you have paid for monthly expenses, and you are allowed to use your discretionary income the way it pleases you. I still believe using your discretionary income to live a lavish lifestyle will drive you to sell your bitcoin too early. For example, you can go to a club and mistakenly spend way more than your discretionary income, and if you don't have any other money elsewhere that you could use to complete the money in your hand and pay for the extra expenses you incur in a club in the process of living a lavish lifestyle with your discretionary income, it can drive you to sell your bitcoin too early to pay for your bill in a club so that you could go home and rest.

Discretionary income is not meant to be spent on things that are not meaningful; it is the money left over that needs to be spent wisely. As a reasonable investor, it doesn't make sense to go clubbing when you can't afford it, and there are other tasks that are valuable to meet. Generally, money is meant to be spent, but if you spend it on things that have no meaning and no value, then you will fall back to square one. With discretionary income, you need to comport yourself very well and know how much you need to invest in Bitcoin and what will be left with you.

As an investor, it is very important to have knowledge of money management, to know what you want, how much should be spent, and the amount of money that needs to go for investment. If you pursue a lifestyle that you cannot afford, you may end up being unable to make any investments.

[Finebone]

I know that discretionary income is the leftover money after you have paid for monthly expenses, and you are allowed to use your discretionary income the way it pleases you. I still believe using your discretionary income to live a lavish lifestyle will drive you to sell your bitcoin too early. For example, you can go to a club and mistakenly spend way more than your discretionary income, and if you don't have any other money elsewhere that you could use to complete the money in your hand and pay for the extra expenses you incur in a club in the process of living a lavish lifestyle with your discretionary income, it can drive you to sell your bitcoin too early to pay for your bill in a club so that you could go home and rest.

As an investor, it is very important to have knowledge of money management, to know what you want, how much should be spent, and the amount of money that needs to go for investment. If you pursue a lifestyle that you cannot afford, you may end up being unable to make any investments.

Most Bitcoin investors don't know how  important good money management skills is when it comes to Bitcoin investment, they thought that it's only the poor that needs it, but they don't know that it's really important for an investor to be good in managing his money, either the rich or the poor, because a good money management skills is what's defines a Bitcoin investor, if he is going to be successful on the longer run or not.
Just imagine that an investor start investing which money meant for his basic needs or he invest without putting and emergency and reserve funds in place, just in case of emergencies, he is doom to fail, so a good management skills is highly needed if an investor want to be successful in his investment.

[Promocodeudo]

Investing in Bitcoin should not be expected to make immediate gains, but should be done for long-term goals. If you want to make profit from the investment temporarily, it can lead to losses. Those who knew about Bitcoin earlier are now regretting it. Because if they could have bought Bitcoin at that time, they could have made profit today but they could not maintain their mental strength at that time. There are also some who bought it but panicked due to a slight price correction and sold their Bitcoin. If you can invest in Bitcoin aggressively without wasting time according to your ability, then it will definitely be profitable. The price is not the concern but how much a holder has been able to save that is the fact.

Many people have this mindset that once they invest in Bitcoin this'll hit it big immediately and once they invest and nothing happened, they'll begin to feel bad because of their high hopes and lack of understanding of how this investment is, Bitcoin investment is for a long-term not for quick money.
There is no magic here, it is all about patience, continuity and consistency, for me I think Bitcoin was created to test individual level of patience and tolerance while making investment decisions, as for people that couldn't buy then, I think it was their mentality then, may they weren't able to take actions because how ignorant they are then, I think there's is still time for them now, they shouldn't regret much because no matter how they regret, they wouldn't reverse time so it better to face their fear and the future ahead by startng the needful for the avoidance continues regret,
There are people that sold their Bitcoin prematurely because of panic but i still see those people like baby bitcoiners because they aren't taking note of Bitcoin Bitcoin and what it become in the long-term.

[Merit.s]

Just imagine that an investor start investing which money meant for his basic needs or he invest without putting and emergency and reserve funds in place , just in case of emergencies, he is doom to fail, so a good management skills is highly needed if an investor want to be successful in his investment.

Emergency funds should be used for a real life emergency and that should be set up, immediately you have started your bitcoin investment, if you do not have anyone available before you decide to start investing into bitcoin. You don't need to put them in place before you start your bitcoin investment because it will waste your time from getting started early and start building your bitcoin portfolio.

You can share your discretionary income into two part and use one part to DCA weekly overtime and use the other part to build your emergency funds of at least three months of your income. When that's done, you can channel the money for building your emergency funds into building a reserve funds. It can take up to one year or more to build these backup funds and that's the reason why if you don't have it available already, you don't need to be waiting to build them before starting your bitcoin investment.

[bitzizzix]

Just imagine that an investor start investing which money meant for his basic needs or he invest without putting and emergency and reserve funds in place , just in case of emergencies, he is doom to fail, so a good management skills is highly needed if an investor want to be successful in his investment.

Emergency funds should be used for a real life emergency and that should be set up, immediately you have started your bitcoin investment, if you do not have anyone available before you decide to start investing into bitcoin. You don't need to put them in place before you start your bitcoin investment because it will waste your time from getting started early and start building your bitcoin portfolio.

You can share your discretionary income into two part and use one part to DCA weekly overtime and use the other part to build your emergency funds of at least three months of your income. When that's done, you can channel the money for building your emergency funds into building a reserve funds. It can take up to one year or more to build these backup funds and that's the reason why if you don't have it available already, you don't need to be waiting to build them before starting your bitcoin investment.

If your goals are long-term, there's no harm in delaying establishing an emergency fund. You can build it over time when you're ready to divide your discretionary income between investments and an emergency fund by increasing your income or through other means to increase your discretionary income and support your ability to set aside funds for investments and an emergency fund that you can consistently use.
If your discretionary income is only enough to buy Bitcoin, do so. Don't wait until you have both to start investing, as that's a waste of time. Time is of the essence when it comes to accumulating more Bitcoin and holding it for the long term. Long-term goals are broad, and long-term investment goals will help you address any gaps or needs and also increase your knowledge, which you can gain over time, slowly but surely.

[JayJuanGee]

Yes, I think that Bitcoin is in a deep stage right now. Because the way Bitcoin's value has started to increase and its popularity is spreading, even if its price fluctuates in the future, it cannot be expected to be much lower than the value it currently has. If anyone  can invest in Bitcoin on a regular basis using the DCA method, can definitely make good and unimaginable profits.To get actual profits from Bitcoin must invest for a long time. Because investing for 1-2 years doesn't really have much impact on Bitcoin's valuation. Need to invest for at least 4 to 10 years.

When a person is thinking of investing in Bitcoin, he should continue to buy Bitcoin as much as he can, even if the price keeps falling. You and I cannot say when the price of Bitcoin will ever fall or rise. If the price of Bitcoin starts rising after starting the investment, it strengthens your morale.
When the price falls, you should not take it as a negative but as one of your buying opportunities. I think you should buy as aggressively as possible at that time because it will be good luck for you.
I don't understand why people sit around risking their money for inflation when they have the opportunity to protect their assets from inflation by investing in Bitcoin and multiply it several times.

Discretionary income is usually around 10% to 20% of total income. So if anybody invest regularly from here,he will definitely get many times more profit in the future than investing in anything else.

I think you have a lot of ignorance about your income and expenditure.
I have seen many people who do not spend any discretionary money on their basic needs from the amount they earn. Again, I have seen people who cannot spend even 5-10% of their income on their basic needs. So how do you say that 10-20% of a person's total income is a discretionary income.
No matter how much discretionary income a person has, we can never force a person to invest in Bitcoin because he can use his money as he wants. We can only say that if someone wants to be financially secure in the future and wants to maintain the security of their earned money, then he should definitely invest in Bitcoin.

Sometimes we might need to describe specific examples in order to attempt to know what a guy might be weighing and the various ways of measuring how  much he is spending on expenses and which kinds of expenses.  How much is his income and how much is his discretionary income.

Many folks are going to have variation, but we can still attempt to describe circumstances that guys might regularly face, yet they are still going to have to deal with the variation, including perhaps knowing which expenses to prioritize first and whether or not they should build emergency funds/reserve funds and/or to invest into bitcoin.

We have also mentioned several times in some of these threads that guys are going to be better off if they have some confidence in the levels of their future income and/or future expenses, but at the same time, in order to invest into bitcoin , all he needs is discretionary funds in the moment, yet if he is going to continue to invest into bitcoin, he has to have some confidence that he is going to have discretionary income and/or funds in the future.

Some expenses are easier to cut as compared with other expenses, yet some guys would prefer to not cut any expenses, but to increase their income, which it can be difficult for some guys to figure out ways to increase their income level.

Reading your post I guess you have explained to what level a person can be aggressive which should be within the person overall discretionary income which the person decide to be investing with comfortably and most come in alignment with your risks level, now two things I consider in my post which investing aggressively within your financial means and also how much of it you can be able to risk which will be different from other people, doing this automatically defines a person level of aggressiveness which the person should go with.

Being aggressive in investing should be completely dependent on the discretionary income of the person. Make sure that you have the necessary backup funds and that you are able to invest consistently. Also, make sure that being aggressive in investing does not have a negative impact on your life. Because, sometimes, being aggressive in investing incorrectly leads to financial problems and a person is forced to take wrong steps in investing.

Never plan to be aggressive in investing by focusing on the market or based on the advice of other people. Rather, consider your position and consider your discretionary income to ensure that you are able to be aggressive in investing or not. If you are not able, then do not take risky steps.

The term "aggressive buying" might sound complicated to the regular guy that is doing his calculated DCA method of accumulation. Aggressive buying is not necessary for somebody who is on a steady income and has a budget for his income, he gets to decide what percentage to use for accumulation that wouldn't weigh him down.

DCA method is hodling for the long term and it's not necessary to be aggressive in buying Bitcoin, except perhaps if the person doesn't have much financial responsibilities or they're very rich. If you don't have excess funds to sustain aggressive buying then there's no point to doing it because you'd most likely get stuck along the way and start to sell prematurely.

 Financial management is essential for anybody that wants to sustain Bitcoin investment for a long term. It all comes down to priotize your needs according to their importance to you. For me the most important is your basic expenses, the rest comes into discretionary funds. From there you'd decide the percentage of what goes into where like emergency funds, Bitcoin accumulation and the rest.

I would suggest that everyone is capable of determining their level of aggressiveness or whimpiness within the level of their discretionary income.  So they can have a lot of discretionary income or a little discretionary income and they can decide how aggressive they are going to be within their discretionary income.

The same is true for DCAing.  A person can  decide the level of aggressiveness or not within his DCA amounts.  He can set up automatic DCA  or apply his DCA manually every week.  There is quite a bit of variability with DCA, so it is likely not fair to describe it as not being aggressive, when it can be set up that way, it can also be set up in such a way that it goes overboard, so it might not be accurate to consider that DCA has to fit particular narrow criteria in order to count as following DCA strategies.

You quoted my post badly, again, but I fixed it in this post.

Of course, you can do whatever you like in terms of holding back value in order to buy the dip that may or may end up not happening.  I think that I already explained well enough in regards to my ideas why newbies should focus on ongoing buying rather than strategizing for dips that might not happen.

You seem to be inclined towards trading rather than investing, since if you have a 4-10 year or longer investment timeline, then surely it might not make much difference if you bought at $123k or at $95k, even if $95k were to be possible.. we don't know, and we don't even know if sub $110k is possible, either.  So if you are waiting for dips that might not happen, you are gambling and potentially failing/refusing to prepare for up with your over-preparation for down..

But again, do what you like.,. it is your money and you have to live with the consequences of your actions, even if you think you have some kind of a trade angle (or buying on dip angle) figured out.

I am grateful to you. You have pointed out my mistake and explained the correct method. I have seen your post and many other posts on the forum on this subject and I have realized that the DCA method is a thousand times better than buying Bitcoin through the dip method. If I deposit money for the dip and if it is not a proper dip, then there is a possibility of inflation and the money can be spent in other sectors, but if Bitcoin is invested, then it will be a strong reserve. And since I myself do not like trading and since I intend to buy and hold Bitcoin for five to ten years, I will skip the dip method and buy Bitcoin continuously. And thank you very much for opening my inner eyes.

Great.  I am glad you were able to identify some actual ways for you to go forward with executing your own ideas and then make adjustments.

Of course, DCA has quite a bit of flexibility, so if at some point later down the line you want to make adjustments, then surely you could reconsider if buying the dip might make sense for you under certain kinds of circumstances, such as if you get a lump sum amount and you invest a lot at once, then it might make sense to hold back some value for buying on dips... Yet, sure, otherwise newbies are likely to be way more advantaged by concentrating on buying every week no matter what, and even having such a seemingly easy goal might be very difficult to accomplish in practice... So then the ongoing practice surely helps us to learn about our finances and even about our psychological limitations.

I know that discretionary income is the leftover money after you have paid for monthly expenses, and you are allowed to use your discretionary income the way it pleases you. I still believe using your discretionary income to live a lavish lifestyle will drive you to sell your bitcoin too early. For example, you can go to a club and mistakenly spend way more than your discretionary income, and if you don't have any other money elsewhere that you could use to complete the money in your hand and pay for the extra expenses you incur in a club in the process of living a lavish lifestyle with your discretionary income, it can drive you to sell your bitcoin too early to pay for your bill in a club so that you could go home and rest.

Discretionary income is not meant to be spent on things that are not meaningful; it is the money left over that needs to be spent wisely. As a reasonable investor, it doesn't make sense to go clubbing when you can't afford it, and there are other tasks that are valuable to meet. Generally, money is meant to be spent, but if you spend it on things that have no meaning and no value, then you will fall back to square one. With discretionary income, you need to comport yourself very well and know how much you need to invest in Bitcoin and what will be left with you.

As an investor, it is very important to have knowledge of money management, to know what you want, how much should be spent, and the amount of money that needs to go for investment. If you pursue a lifestyle that you cannot afford, you may end up being unable to make any investments.

The whole idea of discretionary money (income) is that you can do whatever you like with it.  You can be responsible or irresponsible.  It is the money that you have left after your expenses.

Sure some folks invest and others do not.  Some folks buy high quality products and others buy low quality products.

We should not be trying to tell others how to spend their money, even though some ways of living are more meaningful, and some folks don't even believe in investing, and so they may well end up working all of their lives.. so there re likely consequences for the choices that any of su make.