Buy Buy Buy or Sell Sell Sell?

[Stormisover]

[

Our level of aggressiveness or whimpiness is a choice, and there are ways to be aggressive without overdoing it, and surely the more aggressive we are, the more we run the risk of overdoing it in one way or another.. yet I doubt that being aggressive is a negative because we are able to tailor it to our own aspirations, and try to keep in mind if we might be pushing the boundaries too much in terms of starting to have negative consequences associated with our level of aggressiveness.

Buying bitcoin aggressively is not really a bad idea, the way an investor go about it is what that is going to show the effect it will have on the investor.some investors do mistake being recklessness as being aggressive, this two terms are different entirely.it will really be helpful to any investors if they can be able to control the energy they put in acquiring aggressively and aling it with there long term goals. Overdoing it or not balancing it, that is when it will become a problem.

If they can control themselves to hold until the market is mature for holders to sell in the bullish season to take income, which is the best season for bitcoin holders to smile. but if you know you can't control the way you are buying bitcoin aggressively from the market, you can buy what you can afford to lose so that you will not have blood high pressure when waiting for bullish season to hit the market before you can trade, You can be buying gradually as the price of bitcoin is decreasing from the market, for you to be accumulating enough bitcoin that will give you the opportunity to make huge income in the future.

I don't know if am correct with what I understood from your post, from I what I got from your post, it seems that your are describing buying Bitcoin at low price to sell it when the price has increased, traders approach, I know that buying Bitcoin at the decreasing price which is called dip helps investors to buy Bitcoin discountedly, but you don't have to wait until the price of Bitcoin will be decreasing before buying, a low or no coiner will want to buy Bitcoin at all times of the market using the DCA without looking at whether Bitcoin is increasing or decreasing.

[Ricardo11]

[

Our level of aggressiveness or whimpiness is a choice, and there are ways to be aggressive without overdoing it, and surely the more aggressive we are, the more we run the risk of overdoing it in one way or another.. yet I doubt that being aggressive is a negative because we are able to tailor it to our own aspirations, and try to keep in mind if we might be pushing the boundaries too much in terms of starting to have negative consequences associated with our level of aggressiveness.

Buying bitcoin aggressively is not really a bad idea, the way an investor go about it is what that is going to show the effect it will have on the investor.some investors do mistake being recklessness as being aggressive, this two terms are different entirely.it will really be helpful to any investors if they can be able to control the energy they put in acquiring aggressively and aling it with there long term goals. Overdoing it or not balancing it, that is when it will become a problem.

If they can control themselves to hold until the market is mature for holders to sell in the bullish season to take income, which is the best season for bitcoin holders to smile. but if you know you can't control the way you are buying bitcoin aggressively from the market, you can buy what you can afford to lose so that you will not have blood high pressure when waiting for bullish season to hit the market before you can trade, You can be buying gradually as the price of bitcoin is decreasing from the market, for you to be accumulating enough bitcoin that will give you the opportunity to make huge income in the future.

I don't know if am correct with what I understood from your post, from I what I got from your post, it seems that your are describing buying Bitcoin at low price to sell it when the price has increased, traders approach, I know that buying Bitcoin at the decreasing price which is called dip helps investors to buy Bitcoin discountedly, but you don't have to wait until the price of Bitcoin will be decreasing before buying, a low or no coiner will want to buy Bitcoin at all times of the market using the DCA without looking at whether Bitcoin is increasing or decreasing.

There is no better and more effective Bitcoin investment strategy than DCA, invest a fixed amount regularly without looking at market fluctuations, and keep building a Bitcoin portfolio at an average price consistently, people who are just waiting to buy Bitcoin at DIP prices can never invest effectively, and their investments do not give very effective results, which could have been obtained from DCA investments. The market never works according to our expectations, so if the price we are waiting for never comes, then your wait is completely worthless, rather you are further behind for it. So create the right mindset about Bitcoin, and invest in Bitcoin using the right effective strategy, only then can a good result come.

[Bluedrem]

However, the biggest disadvantage, in my opinion, is having discretionary income but not setting aside a large or small amount of money to buy BTC.

When should a person set aside their money to buy Bitcoin?
If someone wants to earn maximum profit while maintaining the correct value of their money and for this reason, if they look for different things to invest, then they will see that investing in Bitcoin is the best and most wise thing to do.
When a person understands how much protection investing in Bitcoin provides to his assets and how much profit he can earn from it along with protection, then only he will set aside money for investing in Bitcoin and invest in Bitcoin.
If he is wise and aware, he will try to invest in Bitcoin with the maximum amount of his discretionary income.

Don't forget, Bitcoin has protected your assets from inflation in the past and will do so in the future.
Bitcoin is the best storage to keep your information safe.

In the present era,
alternatives to wax such as electric bulbs,
alternatives to horses such as motorized vehicles,
alternatives to letters such as mobile phones,
alternatives to paper newspapers such as internet television
so the best alternative to gold is Bitcoin.
You should definitely invest in Bitcoin to protect your wealth

[Miramax12]

I think the only problem we would have in terms of being aggressive in accumulating and buying bitcoin is when we over do it, that is why it’s necessary for an investor to have a financial plans how to be aggressive knowing when to be cautious, we can decide to be aggressive with all our discretionary income but we should also consider the financial implications by also having our various financial strategies on how to manage our Bitcoin investments and how to be on a sustainable preference. I believe that our level of aggressiveness will depend on the amount of discretionary income that we have and what we can actually deal with, so it’s a choice if we want to go 100% or we want to consider having to sustain our investment.

Investing in BTC doesn't have to be complicated as long as we have an emergency fund and health insurance. Using discretionary funds to buy BTC is certainly a viable option. With discretionary funds, we're already secure, as it's the money left over from living expenses. So, I think we can be very aggressive in using that money to buy BTC. If we aggressively buy BTC, we'll certainly profit in the future if we hold it for more than 10 years. However, I don't think it's a problem if we're not aggressive, as long as we buy BTC regularly, such as weekly or monthly.

If our discretionary income is large, it will certainly make us more comfortable because it's easier to manage. However, the biggest disadvantage, in my opinion, is having discretionary income but not setting aside a large or small amount of money to buy BTC. So, if we buy BTC, accumulate it, and save it for the long term, we'll certainly profit in the future.

Absolutely i agree with you on this, Aggressiveness in Bitcoin investing isn’t the issue it’s the lack of structure or planning behind it that can lead to problems. Having a clear financial strategy helps balance risk with long-term sustainability. At the end of the day, it comes down to self-awareness knowing your financial limits, your goals, and your risk tolerance. Not everyone needs to go 100% in to win. Sometimes, sustainability is the smartest play.

[JayJuanGee]

Our level of aggressiveness or whimpiness is a choice, and there are ways to be aggressive without overdoing it, and surely the more aggressive we are, the more we run the risk of overdoing it in one way or another.. yet I doubt that being aggressive is a negative because we are able to tailor it to our own aspirations, and try to keep in mind if we might be pushing the boundaries too much in terms of starting to have negative consequences associated with our level of aggressiveness.

Buying bitcoin aggressively is not really a bad idea, the way an investor go about it is what that is going to show the effect it will have on the investor.some investors do mistake being recklessness as being aggressive, this two terms are different entirely.it will really be helpful to any investors if they can be able to control the energy they put in acquiring aggressively and aling it with there long term goals. Overdoing it or not balancing it, that is when it will become a problem.

If they can control themselves to hold until the market is mature for holders to sell in the bullish season to take income, which is the best season for bitcoin holders to smile. but if you know you can't control the way you are buying bitcoin aggressively from the market, you can buy what you can afford to lose so that you will not have blood high pressure when waiting for bullish season to hit the market before you can trade, You can be buying gradually as the price of bitcoin is decreasing from the market, for you to be accumulating enough bitcoin that will give you the opportunity to make huge income in the future.

It is problematic for a person to believe that he can sell bitcoin and buy back cheaper rather than just accumulating bitcoin on a regular basis through buying only.

Sure, guys can do what they want, but they might end up getting caught in patterns of too much waiting and not enough buying and stacking of bitcoin - especially if they are in their first cycle of accumulating bitcoin.. yet guys can also make similar mistakes later on in their bitcoin journey and start to think that they have enough bitcoin, when really they do not, so they discontinue in their bitcoin accumulation, even though they would have had been better off to keep accumulating bitcoin based on a better assessment of their own situation and realizing that they don't have enough bitcoin.

Each person has to make these kinds of judgements for himself regarding if he has enough bitcoin, yet bitcoin can be somewhat forgiving if a person might stop accumulating bitcoin and then wait another cycle before he starts to cash out, and he might find that with the passage of time, his bitcoin holdings had gone from a status of not having enough to having more than enough, even if he had not been buying any more bitcoin..

Yet the guy with a $25k annual income who stacked $100 per week between May 2016 and December 2020 and who had invested $24k into bitcoin and accumulated about 10.4 BTC, he might have realized that he would have had been better off to continue to stack bitcoin for a few more years rather than to just sit on his bitcoin. 

So let's say that the guy discontinued stacking bitcoin because he was starting to think that he gotten enough bitcoin, and his income had gone up from $25k per year to $50k per year.  So if he had stayed focused on building his bitcoin, he could have had increased his DCA to $200 per week and invested an additional $45.6k into bitcoin for the next 5 years between December 2020 and April 2025 and accumulated another 1.27 BTC ..

So then by the end of the whole period from mid-2016 to April 2025, his total invested amount into bitcoin would have had been $69.6k and with a total of 11.67 BTC accumulated.. and he would be in a better position for having had gotten to 11.67 BTC rather than 10.4 BTC.

With 10.4 BTC, right now he would ONLY be able to draw right around $52k per year from his bitcoin in a sustainable way.

With 11.67 BTC right now, the guy would be able to withdraw right around $58.5k per year in a sustainable way.. surely many of us would prefer to have 11.67 BTC, even if we had to invest an additional $45.6k to get them, and yeah with the passage of time the older bitcoin tend to compound in value upon themselves if we are not withdrawing from them... but yeah, in this example the more recently accumulated bitcoin cost way more to accumulate as compared with the earlier accumulated bitcoin, which is likely going to continue to be the case with  bitcoin that there is an incentive to accumulate as much as we can during earlier times rather than waiting.

[Cpt_reader]

There is no better and more effective Bitcoin investment strategy than DCA, invest a fixed amount regularly without looking at market fluctuations, and keep building a Bitcoin portfolio at an average price consistently, people who are just waiting to buy Bitcoin at DIP prices can never invest effectively, and their investments do not give very effective results, which could have been obtained from DCA investments. The market never works according to our expectations, so if the price we are waiting for never comes, then your wait is completely worthless, rather you are further behind for it. So create the right mindset about Bitcoin, and invest in Bitcoin using the right effective strategy, only then can a good result come.

I don't really know if there is an alternative to the DCA method for buying Bitcoin. But I think the DCA method is the best. There is no point in wasting time wondering when the price of Bitcoin will go down or up, when we have learned from various sources about the huge potential and future of Bitcoin. Now we can invest in Bitcoin with fearlessness, confidence, and full confidence. But of course, we have to buy Bitcoin with a long-term plan. The price can sometimes go down a lot, at that time we have to be patient. My plan to hold Bitcoin is for 10 years from now. Whatever the price, the real objective should be to continuously buy Bitcoin and make our portfolio heavy. There is no loss even if it comes from $1000 to $50, as long as we don't sell. The thought of selling Bitcoin can never come to mind. When buying Bitcoin, I will use the word buy instead of the word sell for 10 years.

[fredericktaylor]

Sure, guys can do what they want, but they might end up getting caught in patterns of too much waiting and not enough buying and stacking of bitcoin - especially if they are in their first cycle of accumulating bitcoin.. yet guys can also make similar mistakes later on in their bitcoin journey and start to think that they have enough bitcoin, when really they do not, so they discontinue in their bitcoin accumulation, even though they would have had been better off to keep accumulating bitcoin based on a better assessment of their own situation and realizing that they don't have enough bitcoin.

I agree with you, It is not wise to wait to buy Bitcoin. there are many people who have enough money to buy Bitcoin but are waiting for the price of Bitcoin to drop for 1 month. think about what you would do if after 1 month you saw that the price had doubled compared to before. From my point of view you will face loss of time and money. you could say that time has passed, but the money didn't go. there is no guarantee that the amount of Bitcoin you can buy today with $100 will be the same after 7 days.  researchers suggest that the price of Bitcoin may increase over time.

your investment today can bring a bright future. everything in the world is subject to decay, but if you keep some assets, their value or importance does not decrease with the change of time, but rather starts to increase. I see Bitcoin as a valuable asset whose importance and use will increase with the change of time. every investor should not take extra time when purchasing Bitcoin.

[Miramax12]

Our level of aggressiveness or whimpiness is a choice, and there are ways to be aggressive without overdoing it, and surely the more aggressive we are, the more we run the risk of overdoing it in one way or another.. yet I doubt that being aggressive is a negative because we are able to tailor it to our own aspirations, and try to keep in mind if we might be pushing the boundaries too much in terms of starting to have negative consequences associated with our level of aggressiveness.

Buying bitcoin aggressively is not really a bad idea, the way an investor go about it is what that is going to show the effect it will have on the investor.some investors do mistake being recklessness as being aggressive, this two terms are different entirely.it will really be helpful to any investors if they can be able to control the energy they put in acquiring aggressively and aling it with there long term goals. Overdoing it or not balancing it, that is when it will become a problem.

If they can control themselves to hold until the market is mature for holders to sell in the bullish season to take income, which is the best season for bitcoin holders to smile. but if you know you can't control the way you are buying bitcoin aggressively from the market, you can buy what you can afford to lose so that you will not have blood high pressure when waiting for bullish season to hit the market before you can trade, You can be buying gradually as the price of bitcoin is decreasing from the market, for you to be accumulating enough bitcoin that will give you the opportunity to make huge income in the future.

It is problematic for a person to believe that he can sell bitcoin and buy back cheaper rather than just accumulating bitcoin on a regular basis through buying only.

Sure, guys can do what they want, but they might end up getting caught in patterns of too much waiting and not enough buying and stacking of bitcoin - especially if they are in their first cycle of accumulating bitcoin.. yet guys can also make similar mistakes later on in their bitcoin journey and start to think that they have enough bitcoin, when really they do not, so they discontinue in their bitcoin accumulation, even though they would have had been better off to keep accumulating bitcoin based on a better assessment of their own situation and realizing that they don't have enough bitcoin.

Each person has to make these kinds of judgements for himself regarding if he has enough bitcoin, yet bitcoin can be somewhat forgiving if a person might stop accumulating bitcoin and then wait another cycle before he starts to cash out, and he might find that with the passage of time, his bitcoin holdings had gone from a status of not having enough to having more than enough, even if he had not been buying any more bitcoin..

Yet the guy with a $25k annual income who stacked $100 per week between May 2016 and December 2020 and who had invested $24k into bitcoin and accumulated about 10.4 BTC, he might have realized that he would have had been better off to continue to stack bitcoin for a few more years rather than to just sit on his bitcoin. 

So let's say that the guy discontinued stacking bitcoin because he was starting to think that he gotten enough bitcoin, and his income had gone up from $25k per year to $50k per year.  So if he had stayed focused on building his bitcoin, he could have had increased his DCA to $200 per week and invested an additional $45.6k into bitcoin for the next 5 years between December 2020 and April 2025 and accumulated another 1.27 BTC ..

So then by the end of the whole period from mid-2016 to April 2025, his total invested amount into bitcoin would have had been $69.6k and with a total of 11.67 BTC accumulated.. and he would be in a better position for having had gotten to 11.67 BTC rather than 10.4 BTC.

With 10.4 BTC, right now he would ONLY be able to draw right around $52k per year from his bitcoin in a sustainable way.

With 11.67 BTC right now, the guy would be able to withdraw right around $58.5k per year in a sustainable way.. surely many of us would prefer to have 11.67 BTC, even if we had to invest an additional $45.6k to get them, and yeah with the passage of time the older bitcoin tend to compound in value upon themselves if we are not withdrawing from them... but yeah, in this example the more recently accumulated bitcoin cost way more to accumulate as compared with the earlier accumulated bitcoin, which is likely going to continue to be the case with  bitcoin that there is an incentive to accumulate as much as we can during earlier times rather than waiting.

Your point about trying to sell high and buy lower again is crucial. While timing the market can work occasionally, most people lose more than they gain trying to “trade around” Bitcoin.
The guy who keeps stacking even in bear markets builds a stronger position.
People in their first Bitcoin cycle often underestimate how much is enough and tend to overthink short-term dips instead of focusing on long-term accumulation. Buying when Bitcoin is down feels uncomfortable, but it's often the best time to stack.
Stacking gradually and consistently reduces regret and removes emotional decision-making.
Thinking You Have “Enough” Bitcoin Can Be a Trap,
One of the best points you made is how income increases should ideally lead to bigger stacking, not stopping.
Your example of someone going from a $25k to $50k income and still capping their stacking at 10.4 BTC instead of pushing to 11.67 BTC.
With a modest increase in income and disciplined DCA, he could've added $6.5k/year in additional sustainable Bitcoin-based income.
Enough” is often misjudged, especially when future financial needs grow or inflation eats into fiat savings.
Stacking more when you can afford to is a key to long-term wealth preservation.

[Jostern]

There is no better and more effective Bitcoin investment strategy than DCA, invest a fixed amount regularly without looking at market fluctuations, and keep building a Bitcoin portfolio at an average price consistently, people who are just waiting to buy Bitcoin at DIP prices can never invest effectively, and their investments do not give very effective results, which could have been obtained from DCA investments. The market never works according to our expectations, so if the price we are waiting for never comes, then your wait is completely worthless, rather you are further behind for it. So create the right mindset about Bitcoin, and invest in Bitcoin using the right effective strategy, only then can a good result come.

I don't really know if there is an alternative to the DCA method for buying Bitcoin. But I think the DCA method is the best. There is no point in wasting time wondering when the price of Bitcoin will go down or up, when we have learned from various sources about the huge potential and future of Bitcoin. Now we can invest in Bitcoin with fearlessness, confidence, and full confidence. But of course, we have to buy Bitcoin with a long-term plan. The price can sometimes go down a lot, at that time we have to be patient. My plan to hold Bitcoin is for 10 years from now. Whatever the price, the real objective should be to continuously buy Bitcoin and make our portfolio heavy. There is no loss even if it comes from $1000 to $50, as long as we don't sell. The thought of selling Bitcoin can never come to mind. When buying Bitcoin, I will use the word buy instead of the word sell for 10 years.

You shouldn’t also forget that there is a lump sum method of buying Bitcoin, you might definitely appreciate buying Bitcoin using the DCA methods but there are also people who appreciate buying using a lump sum who have been into some financial assurance previously before getting into bitcoin investment and are wealthy and rich who have a good financial flexibility who can be able to afford to flex their financial muscles, I’ve come across some guys who have been investing in Bitcoin and have been buying in a large quantity and trying to front load there bitcoin portfolio and have been doing that magnificently well, I’m not disputing the fact that the DCA is a good method for us pleb or a low income earners who wants to invest and accumulate bitcoin for a very long time it’s quite good to appreciate the DCA method which can help us continue to grow and sustains our Bitcoin portfolio.

[JayJuanGee]

[edited out]

Remember, it is wise to take the time to carefully plan your investment before investing in Bitcoin. your investment today can bring a bright future. everything in the world is subject to decay, but if you keep some assets, their value or importance does not decrease with the change of time, but rather starts to increase. I see Bitcoin as a valuable asset whose importance and use will increase with the change of time. every investor should not take extra time when purchasing Bitcoin.

You are contradicting yourself.  You sai that it is important to plan your investment before investing in bitcoin but not to take extra time.

Most likely to get started in bitcoin, there is a need to merely have a superficial perspective of bitcoin, yet more importantly we have to know whether we have discretionary income or not.  Once we get started we can learn and adjust our position size in accordance with our knowledge and confidence about bitcoin and also the strength of our cashflow management.  There is nothing wrong with learning as we go and hopefully building additional conviction after we learn more about bitcoin.  Getting started right away is important yet surely even if someone knows that he has $10 to buy bitcoin right away, he may also have to figure out from where he is going to source his bitcoin, and there could be more than one source location, yet he still has to start out with one at a time, and with any new activity, it can take a bit of time to incorporate in someones life and perhaps to be able to start to appreciate that the commitment should be for 4-10 years or longer, yet in the very first purchase, there might not need to be any commitment to 4-10 years or longer, even through ultimately it would be better for anyone to come to that kind of a 4-10 years or longer commitment so that they are understanding how they might approach their bitcoin accumulation practices and also how they might approach their cashflow management practices..

[edited out]

Your point about trying to sell high and buy lower again is crucial. While timing the market can work occasionally, most people lose more than they gain trying to “trade around” Bitcoin.
The guy who keeps stacking even in bear markets builds a stronger position.

How is a newbie going to know if we are in a bear market or a bull market?

And maybe my point was that it might be more difficult to keep stacking as the price is going up, so guys might make the mistake of selling their bitcoin to buy back cheaper, yet they also might make the mistake of stopping their buying as the BTC price is going up.

Sure, you have a valid point about buying when the BTC price goes down, so for the newbie, there is a problem in both price directions, which is part of the reason that the newbie might not need to think about BTC price at all for at least a whole cycle and perhaps even two whole cycles - depending on how much he might have had been able to front load his bitcoin investment in the first cycle.

Sure there could be some ways that newbie guys might attempt to strategize about bitcoin price, even when they are quite earlier in their bitcoin accumulation stage, yet it seems that minimizing their strategizing about BTC price is a better approach to keep on stacking BTC no matter the price and then to reassess after a whole cycle or more.  After a whole cycle of mostly stacking consistently, a person's cost per BTC will tend to be right around the 200-WMA and the BTC price tends to spend most of its time above the 200-WMA... so it is nice to have average costs at that level or even below that level.. yet since newbies do not really know what the BTC price is going to do, and they tend to still be needing to accumulate more bitcoin, it tends to be better for them to stay focused on ongoing, persistent, consistent, regular and perhaps even aggressive buying of bitcoin.  I personally like weekly for newbies, but guys have to figure out what works for them.  Getting overly distracted by price seems problematic for newbies in their first cycle for sure and perhaps even into their second cycle.

People in their first Bitcoin cycle often underestimate how much is enough and tend to overthink short-term dips instead of focusing on long-term accumulation. Buying when Bitcoin is down feels uncomfortable, but it's often the best time to stack.

Sure.  Keep buying when the BTC price goes down, yet hopefully there is not too much waiting going on instead of consistently buying.

Stacking gradually and consistently reduces regret and removes emotional decision-making.
Thinking You Have “Enough” Bitcoin Can Be a Trap,
One of the best points you made is how income increases should ideally lead to bigger stacking, not stopping.
Your example of someone going from a $25k to $50k income and still capping their stacking at 10.4 BTC instead of pushing to 11.67 BTC.
With a modest increase in income and disciplined DCA, he could've added $6.5k/year in additional sustainable Bitcoin-based income.
Enough” is often misjudged, especially when future financial needs grow or inflation eats into fiat savings.
Stacking more when you can afford to is a key to long-term wealth preservation.

Guys have dilemmas and they end up making mistakes, and surely the bitcoins start  to cost more with the passage of time, and even each additional purchase they make is starting to be smaller and smaller portion of the BTC stack.

For sure, even the guy in my example, he might have had started to consider that his goal is to reach something around his current income in order to feel that he has enough or more than enough BTC, yet many times, guys want to have a cushion before they might start to withdraw from their BTC, so they might want 50% or even 100% or more higher than his current salary.  These are not unrealistic goals within bitcoin, even though there may be needs for extra patience to make sure that the BTC stash is at an appropriate level if the guy is going to pull the fuck you lever (quit his job and live off his bitcoin), yet at the same time, many times a guy might not need to have as much bitcoin as he might have to have in traditional fiat investment systems, yet each guy has to come to his own calculations to make sure that he does not mistakenly presume that he can live off of his bitcoin when he is not able to do so, which is part of the reason that I use the 200-WMA for my measurement of the wealth and to be able to determine how much bitcoin a guy might need for his desired income threshold level.

There is no better and more effective Bitcoin investment strategy than DCA, invest a fixed amount regularly without looking at market fluctuations, and keep building a Bitcoin portfolio at an average price consistently, people who are just waiting to buy Bitcoin at DIP prices can never invest effectively, and their investments do not give very effective results, which could have been obtained from DCA investments. The market never works according to our expectations, so if the price we are waiting for never comes, then your wait is completely worthless, rather you are further behind for it. So create the right mindset about Bitcoin, and invest in Bitcoin using the right effective strategy, only then can a good result come.

I don't really know if there is an alternative to the DCA method for buying Bitcoin. But I think the DCA method is the best. There is no point in wasting time wondering when the price of Bitcoin will go down or up, when we have learned from various sources about the huge potential and future of Bitcoin. Now we can invest in Bitcoin with fearlessness, confidence, and full confidence. But of course, we have to buy Bitcoin with a long-term plan. The price can sometimes go down a lot, at that time we have to be patient. My plan to hold Bitcoin is for 10 years from now. Whatever the price, the real objective should be to continuously buy Bitcoin and make our portfolio heavy. There is no loss even if it comes from $1000 to $50, as long as we don't sell. The thought of selling Bitcoin can never come to mind. When buying Bitcoin, I will use the word buy instead of the word sell for 10 years.

You shouldn’t also forget that there is a lump sum method of buying Bitcoin, you might definitely appreciate buying Bitcoin using the DCA methods but there are also people who appreciate buying using a lump sum who have been into some financial assurance previously before getting into bitcoin investment and are wealthy and rich who have a good financial flexibility who can be able to afford to flex their financial muscles, I’ve come across some guys who have been investing in Bitcoin and have been buying in a large quantity and trying to front load there bitcoin portfolio and have been doing that magnificently well, I’m not disputing the fact that the DCA is a good method for us pleb or a low income earners who wants to invest and accumulate bitcoin for a very long time it’s quite good to appreciate the DCA method which can help us continue to grow and sustains our Bitcoin portfolio.

You have already highlighted the issue.

Sure lump sum and buying the dip are good techniques to either supplement or to replace DCA buying, yet an overwhelming majority of folks do not have abilities to lump sum invest, so one of the best things that they can do is DCA, which also allows them to buy the BTC as soon as the money comes available, so it is not like DCA is inferior in terms of deferring purchasing of BTC, since the money might not be available to buy and as soon as it comes available the DCAer can buy.

it is also true that some folks might not recognize that they have lump sum buying opportunities come available to them, so sure maybe they are in a position that they are able to afford investing into bitcoin at $100 per week based on their having right around $200 per week in discretionary income, yet at the same time, maybe 2-3 times a year they receive some extra pay (perhaps $500 to $1,500 depending on circumstances), and maybe they even have some investment into some other assets or they have some things that they could sell and generate some lump sum bitcoin buying opportunities.  Frequently I proclaim that anyone who has lump sum funds come available should consider the possibilities of 1) buy right away, 2) defer by DCA, and/or 3) defer by buying on dip (that might not happen).. It is good to consider the buying options even though a person might choose only 1 or 2 of them with his lump sum amount rather than employing all three options, even though all three are available to them.

[Joy- maker]

It is problematic for a person to believe that he can sell bitcoin and buy back cheaper rather than just accumulating bitcoin on a regular basis through buying only.

The thing there is those guys who believe that they can sell their bitcoin investment and buy back cheap are just funny guys who still lack knowledge and understanding about bitcoin investment, because bitcoin investment doesn't work that way. It Will be better they keep accumulating bitcoin on a regular basis through buy only and hold than even thinking of selling to buy back cheap. selling their bitcoin investment to buy back cheap is just another Risk on it own, why because bitcoin may end up not dipping to the extend they are expecting it to dip in other for them to buy back cheap, which they will still end up buying back bitcoin at a higher price and still end up regretting why they even sold their bitcoin investment in the first place.

[Cossyblack]

Sure lump sum and buying the dip are good techniques to either supplement or to replace DCA buying, yet an overwhelming majority of folks do not have abilities to lump sum invest, so one of the best things that they can do is DCA

You're right lump sum and buying the Dip are still good techniques but yes, a lot folks out there will still prefer using DCA strategy to buy Bitcoin because it is convenient . Lump sum requires a folk to buy Bitcoin with a large sizable amount of funds(discretional income) at once which can be quite expensive for some folks who cannot afford it but with DCA,even with the little amount of discretional income at hand or made available,one can still be able to buy Bitcoin with it anytime provided his discretional income is ready. DCA strategy makes investments in Bitcoin to be easier,less expensive and keeps you ahead of the markets in terms of accumulating bitcoin without timing the market by consistently buying Bitcoin regardless of price and time. In my own case,DCA works better for me and have made it a lot easier for me to be buying bitcoin steadily once my discretional income is ready no matter how little it is in amount.

[Bd officer]

The thing there is those guys who believe that they can sell their bitcoin investment and buy back cheap are just funny guys who still lack knowledge and understanding about bitcoin investment, because bitcoin investment doesn't work that way. It Will be better they keep accumulating bitcoin on a regular basis through buy only and hold than even thinking of selling to buy back cheap. selling their bitcoin investment to buy back cheap is just another Risk on it own, why because bitcoin may end up not dipping to the extend they are expecting it to dip in other for them to buy back cheap, which they will still end up buying back bitcoin at a higher price and still end up regretting why they even sold their bitcoin investment in the first place.

Selling high and buying low is a characteristic of a trader. This kind of mentality cannot be a long-term investor, the goal and plan of a long-term investor is to buy Bitcoin and hold it for a long time. The goal of a long-term holder is to buy Bitcoin at any price. Look at the world famous company MicroStrategy, they are constantly buying Bitcoin, it doesn't matter what the price is.

If you sell Bitcoin and plan to buy cheaply, then such an opportunity may not come, because the future is uncertain. Many analysts and large holders say that the price of Bitcoin will increase a lot over time. So plan long-term to get high returns. We all know that Bitcoin is limited to a supply of 21 million, so the demand for Bitcoin will continue to increase in the future, which will definitely increase the price of Bitcoin. I saw in the news that 74% of Bitcoin is in the hands of long-term holders, and they have no plans to sell, then of course the future of Bitcoin will be very bright. Those who buy and hold Bitcoin will definitely get good returns, so we should continue to invest in the DCA strategy.

[Tonimez]

It is problematic for a person to believe that he can sell bitcoin and buy back cheaper rather than just accumulating bitcoin on a regular basis through buying only.

The thing there is those guys who believe that they can sell their bitcoin investment and buy back cheap are just funny guys who still lack knowledge and understanding about bitcoin investment, because bitcoin investment doesn't work that way. It Will be better they keep accumulating bitcoin on a regular basis through buy only and hold than even thinking of selling to buy back cheap. selling their bitcoin investment to buy back cheap is just another Risk on it own, why because bitcoin may end up not dipping to the extend they are expecting it to dip in other for them to buy back cheap, which they will still end up buying back bitcoin at a higher price and still end up regretting why they even sold their bitcoin investment in the first place.

One thing about bitcoin is the uncertainty in price timing capped as volatility. A person may decide to sell off his bitcoin ignorantly hoping to buy back at a certain price, which may not be completely impossible. But the timing is not easily known as bitcoin is self driven and volatile at its own pace. So holding up your bitcoin remains all that anybody can do because instead of spending sleepless nights reading charts, making assumptions, waiting for dips you know not the time it's coming, then leaving your bitcoin without selling will definitely remain the best option.

Some people believe that wars usually affect bitcoin price during the period and as such, sells their bitcoin stash whenever there's a war among the world powers, butit's not still a guarantee that it would work that way.

[laijsica]

It is problematic for a person to believe that he can sell bitcoin and buy back cheaper rather than just accumulating bitcoin on a regular basis through buying only.

The thing there is those guys who believe that they can sell their bitcoin investment and buy back cheap are just funny guys who still lack knowledge and understanding about bitcoin investment, because bitcoin investment doesn't work that way. It Will be better they keep accumulating bitcoin on a regular basis through buy only and hold than even thinking of selling to buy back cheap. selling their bitcoin investment to buy back cheap is just another Risk on it own, why because bitcoin may end up not dipping to the extend they are expecting it to dip in other for them to buy back cheap, which they will still end up buying back bitcoin at a higher price and still end up regretting why they even sold their bitcoin investment in the first place.

Those who made such error were not being fair to themselves and were dangerous traders. Bitcoin is an ideal investment for long-term. If you start with this idea and continue with it regularly through discretionary income you will be able to treat your capital appropriately. This is a usual error for new traders but in any equation of market price situation, the seeds of a solution have to be sown in Bitcoin regularly. If proper care is taken at the time of formation of a tree and if its foundation is strong, then the desired results can be expected from that tree in the future. Therefore Bitcoin accumulation you should take care to grow your portfolio every cycle such that the foundation is discretionary income and the source of long-term care is regular accumulation and maintaining a consistent amount of backup fund/floating cash. Having a suitable amount of floating cash is a massive way to Bitcoin front load and more holdings in the portfolio in the future.

[Tungbulu]

[edited out]

Remember, it is wise to take the time to carefully plan your investment before investing in Bitcoin. your investment today can bring a bright future. everything in the world is subject to decay, but if you keep some assets, their value or importance does not decrease with the change of time, but rather starts to increase. I see Bitcoin as a valuable asset whose importance and use will increase with the change of time. every investor should not take extra time when purchasing Bitcoin.

You are contradicting yourself.  You sai that it is important to plan your investment before investing in bitcoin but not to take extra time.

Most likely to get started in bitcoin, there is a need to merely have a superficial perspective of bitcoin, yet more importantly we have to know whether we have discretionary income or not.  Once we get started we can learn and adjust our position size in accordance with our knowledge and confidence about bitcoin and also the strength of our cashflow management.  There is nothing wrong with learning as we go and hopefully building additional conviction after we learn more about bitcoin.  Getting started right away is important yet surely even if someone knows that he has $10 to buy bitcoin right away, he may also have to figure out from where he is going to source his bitcoin, and there could be more than one source location, yet he still has to start out with one at a time, and with any new activity, it can take a bit of time to incorporate in someones life and perhaps to be able to start to appreciate that the commitment should be for 4-10 years or longer, yet in the very first purchase, there might not need to be any commitment to 4-10 years or longer, even through ultimately it would be better for anyone to come to that kind of a 4-10 years or longer commitment so that they are understanding how they might approach their bitcoin accumulation practices and also how they might approach their cashflow management practices..

That's right. It really doesn't initially require some super deep understanding of knowledge about Bitcoin to get started off with your investment. Having some basic perspective, most importantly, knowing whether you've got some discretionary income to work with is more than enough to get started as a beginner. And then as you advance further and learn more about Bitcoin, you'll get the chance to adjust your position size based on how confident you feel about yourself, your knowledge and your cash flow management. Rather than seeking to know everything before getting started, it makes more sense to learn as you go and then build conviction, this is a more solid approach.
It's important to get started ASAP, even if you're simply getting started with a small amount like around $10. Figuring out where to source Bitcoin is actually part of the process, and yeah, you could actually be availed with several options, but you gotta just choose one and get started. It requires a bit or even a lot of time to successfully incorporate Bitcoin into your life, and also understanding the long term commitment, like 4 to 10 years, or even longer is something that mostly comes with experience. I agree with you that one may not even really need to have a long term commitment mindset initially during their first purchase, but it's way more better to actually have a long term as you proceed, as this will potentially help you with your accumulation and cashflow management practices.

[Gost ms]

However, the biggest disadvantage, in my opinion, is having discretionary income but not setting aside a large or small amount of money to buy BTC.

You can invest your entire discretionary income if you want. But it would be better for an investor to invest 25% of his discretionary income. If a person uses 25% of his discretionary income, then he can build an emergency fund with the remaining 75% and if the emergency fund is ready, then he can keep that money with him and when he sees a decline in the market, he can buy aggressively.

I think that with time an investor does everything. Maybe a new person may not do this, he may not be aware of this. But a person who has been investing for some time may set aside money to buy aggressively. Because he knows how to use the decline.

[kanftka]

I think the only problem we would have in terms of being aggressive in accumulating and buying bitcoin is when we over do it, that is why it’s necessary for an investor to have a financial plans how to be aggressive knowing when to be cautious, we can decide to be aggressive with all our discretionary income but we should also consider the financial implications by also having our various financial strategies on how to manage our Bitcoin investments and how to be on a sustainable preference. I believe that our level of aggressiveness will depend on the amount of discretionary income that we have and what we can actually deal with, so it’s a choice if we want to go 100% or we want to consider having to sustain our investment.

Investing in BTC doesn't have to be complicated as long as we have an emergency fund and health insurance. Using discretionary funds to buy BTC is certainly a viable option. With discretionary funds, we're already secure, as it's the money left over from living expenses. So, I think we can be very aggressive in using that money to buy BTC. If we aggressively buy BTC, we'll certainly profit in the future if we hold it for more than 10 years. However, I don't think it's a problem if we're not aggressive, as long as we buy BTC regularly, such as weekly or monthly.

If our discretionary income is large, it will certainly make us more comfortable because it's easier to manage. However, the biggest disadvantage, in my opinion, is having discretionary income but not setting aside a large or small amount of money to buy BTC. So, if we buy BTC, accumulate it, and save it for the long term, we'll certainly profit in the future.

True, This is the kind of clarity a lot of people need. Mixing up emergency funds with discretionary income is where many go wrong.

Emergency funds are meant for real life problems, things you do not see coming. Bitcoin investing should only be done with money that won’t affect your day to day if the market dips.

When people separate the two, they invest with a clear head. No panic, no pressure. That’s how you build long term without stress. You could check this out, where i talked about the difference between Discretionary and Emergency funds: Discretionary Income vs Emergency Funds: Why It Matters for Bitcoin Investing

[G_Besar]

money to buy BTC.

You can invest your entire discretionary income if you want. But it would be better for an investor to invest 25% of his discretionary income. If a person uses 25% of his discretionary income, then he can build an emergency fund with the remaining 75% and if the emergency fund is ready, then he can keep that money with him and when he sees a decline in the market, he can buy aggressively.

I think that with time an investor does everything. Maybe a new person may not do this, he may not be aware of this. But a person who has been investing for some time may set aside money to buy aggressively. Because he knows how to use the decline.

Older investors often don't take advantage of price drops if they want to buy Bitcoin more aggressively, although they don't dismiss them as a good opportunity for those who haven't been afraid to buy without the market dropping. And such investors are usually not afraid to use half of their income to buy Bitcoin because they can still manage their lives with the remaining half. Therefore, this will never be the same for one person as the mentality and courage to buy assets like Bitcoin always differ from person to person.

Furthermore, there are differences in income levels among individuals, and this can influence how they use their money to buy Bitcoin more aggressively on a regular basis and less focused on price declines in the market. So, I'm not at all surprised to see investors who invest half their income in Bitcoin every week. Even though they are still concerned about their own livelihood and emergencies, their courage in regularly investing half their income every week is truly admirable.

[Derekfunds]

I think the only problem we would have in terms of being aggressive in accumulating and buying bitcoin is when we over do it, that is why it’s necessary for an investor to have a financial plans how to be aggressive knowing when to be cautious, we can decide to be aggressive with all our discretionary income but we should also consider the financial implications by also having our various financial strategies on how to manage our Bitcoin investments and how to be on a sustainable preference. I believe that our level of aggressiveness will depend on the amount of discretionary income that we have and what we can actually deal with, so it’s a choice if we want to go 100% or we want to consider having to sustain our investment.

Investing in BTC doesn't have to be complicated as long as we have an emergency fund and health insurance. Using discretionary funds to buy BTC is certainly a viable option. With discretionary funds, we're already secure, as it's the money left over from living expenses. So, I think we can be very aggressive in using that money to buy BTC. If we aggressively buy BTC, we'll certainly profit in the future if we hold it for more than 10 years. However, I don't think it's a problem if we're not aggressive, as long as we buy BTC regularly, such as weekly or monthly.

If our discretionary income is large, it will certainly make us more comfortable because it's easier to manage. However, the biggest disadvantage, in my opinion, is having discretionary income but not setting aside a large or small amount of money to buy BTC. So, if we buy BTC, accumulate it, and save it for the long term, we'll certainly profit in the future.

True, This is the kind of clarity a lot of people need. Mixing up emergency funds with discretionary income is where many go wrong.

Emergency funds are meant for real life problems, things you do not see coming. Bitcoin investing should only be done with money that won’t affect your day to day if the market dips.

When people separate the two, they invest with a clear head. No panic, no pressure. That’s how you build long term without stress. You could check this out, where i talked about the difference between Discretionary and Emergency funds: Discretionary Income vs Emergency Funds: Why It Matters for Bitcoin Investing

Our discretionary funds has a different function from our emergency funds  so I don't know what will make someone mix these two funds together and there is a consequence if anyone try to... Emergency funds are been used to handle or take care of any unexpected situation that  arises during our period of investment  and sometimes this  emergency problem can be very cumbersome that is why we are suppose to make our emergency funds big since we don't know the emergency or challenge we will encounter along the line.