Buy Buy Buy or Sell Sell Sell?

[Ruttoshi]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Wow...that's a huge discretionary income for plebs like us and like you said, we all have our different ways in which we would use that $10000 to invest into bitcoin.

Personally, I will divide the money into three parts since I already have an emergency funds available. I will use $3000 to frontload my bitcoin investment, use $2000 to keep for buying at the dip and I will use the $5000 left to spread across several weeks for DCA buying.

[JayJuanGee]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Wow...that's a huge discretionary income for plebs like us and like you said, we all have our different ways in which we would use that $10000 to invest into bitcoin.

Personally, I will divide the money into three parts since I already have an emergency funds available. I will use $3000 to frontload my bitcoin investment, use $2000 to keep for buying at the dip and I will use the $5000 left to spread across several weeks for DCA buying.

We don't need to be distracted exactly by the specific amount that is available, and surely if we come to bitcoin, we have to consider what funds we have available and what other funds that we have that might come available through our discretionary income.

So if we come to bitcoin and we have a lump sum amount and we already have an income, then we would attempt to account for all of that in terms of creating and following through with our short-term investment plan over the coming 3-6 months and beyond... Surely we also could be investing into bitcoin regularly, and then come across some extra money from time to time, and then when we come across the extra money we have to decide how we are going to deploy it.. such as how you mentioned.. some portion might be to buy right away, another portion set aside for buying dips and another portion added to our regular DCA.. maybe spread over a short period of tome or perhaps we might choose to spread it over a longer period of time.  These are all choices that are available for each of us to make based on a variety of factors in our own personal circumstances, and each of us would likely not come to the exact same balances.

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

[I_Anime]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

That’s true will only slow than their progress in their bitcoin accumulation, those that don’t have enough discretionary funds and those that are still early . If they literally focus on breaking their discretionary income point of having certain amount set aside for the dip will literally slow down than the rate they are accumulating.

Once make use of such method are usually set aside some reserves funds when I was still new to bitcoin and I found my accumulating amount dropped due to it , but after using the reserve funds to buy a certain dip I decided to stop focusing on keeping an reserve funds and focus on accumulating aggressively, but now have come this farm am planning though on starting it back though , but this time I will allocate only small percent of my money to the reserve funds

[Nightwatchmare]

If you have a basic idea before investing, especially how to store it in a safe wallet, I think you can start investing regularly from then.

Learning about safe wallets to store your bitcoin is good and important because at some point you will need to store your bitcoin in a bitcoin wallet, and if you don't know the right wallet to store your bitcoin, you might store your bitcoin in a wrong bitcoin wallet, which could cause you to lose your bitcoin. But I think there are things that are more important to learn than learning about Bitcoin wallets at the beginning of your investment, and they include figuring out if you will have discretionary income to invest in Bitcoin and how much of your discretionary income you will invest into Bitcoin so that you will not invest more than your discretionary income into Bitcoin and end up selling your Bitcoin too early. After you have started accumulating Bitcoin, then you can learn anything you want to know about Bitcoin.

[bitzizzix]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Wow...that's a huge discretionary income for plebs like us and like you said, we all have our different ways in which we would use that $10000 to invest into bitcoin.

Personally, I will divide the money into three parts since I already have an emergency funds available. I will use $3000 to frontload my bitcoin investment, use $2000 to keep for buying at the dip and I will use the $5000 left to spread across several weeks for DCA buying.

That's clearly a significant amount of discretionary income. I think if someone has $10,000 in discretionary income and wants to use it to buy Bitcoin outright, regardless of the price, or better yet, buy it when the price drops, neither is a bad idea. The important thing is to do it for the long term and not stop there. We can continue making periodic purchases or use the DCA method using existing income and continue using discretionary income to buy Bitcoin and also for an emergency fund to add to an already large holding and make it even bigger over the long term.

[ZeroVinsonN]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

Agreed, a newbie in bitcoin investment trying to save up for a DIP when they can just keep buying doesn't seem like the best of idea, even more so when their discretionary income is also on the low side, buying the dip is good when you already have a good stash of bitcoin and you are already a veteran investor and still DCAing if you want to, a newbie shouldn't wait for a DIP before buying but if they have enough discretionary income during a dip then they can buy that dip as much as their discretionary income allows

[Pandorak]

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

This is a good approach considering that the funds you use to buy are surplus funds (discretionary income). I believe that the decline that occurred was a stroke of luck that does not happen every time, you took advantage of the opportunity to buy at a low price, where you could get more Bitcoin than if you had bought when the price was at its all-time high, instead of waiting for the price to fall further and letting the money sit idle.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Actually, DCA is still relevant, especially for new investors who want to accumulate Bitcoin. This method is highly recommended, investors don't need to wait for the best time to buy, buy whenever you have the opportunity. This is useful for maintaining consistency in long-term investing.

[Futurexxx]

Wow...that's a huge discretionary income for plebs like us and like you said, we all have our different ways in which we would use that $10000 to invest into bitcoin.

Personally, I will divide the money into three parts since I already have an emergency funds available. I will use $3000 to frontload my bitcoin investment, use $2000 to keep for buying at the dip and I will use the $5000 left to spread across several weeks for DCA buying.

That's clearly a significant amount of discretionary income.I think if someone has $10,000 in discretionary income and wants to use it to buy Bitcoin outright, regardless of the price, or better yet, buy it when the price drops, neither is a bad idea.The important thing is to do it for the long term and not stop there. We can continue making periodic purchases or use the DCA method using existing income and continue using discretionary income to buy Bitcoin and also for an emergency fund to add to an already large holding and make it even bigger over the long term.

Sir jayjuangee has said this countless times here that waiting for a dip in price of Bitcoin before buying is a wrong approach because by waiting for the price to dip, you may miss a whole lot of buying opportunities, so you saying that someone that have such an amount that wants to acquire Bitcoin should buy when  it drop in value is not ideal because you are saying indirectly that the person should wait before buying. If you are buying weekly or monthly and their is a dip in the market, you may seize the opportunity and invest aggressively if you have the reserve funds to do so, but waiting is bad, so this your advice of waiting is a terrible advice if you are giving it to a beginner.

[Pi-network314159]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Wow...that's a huge discretionary income for plebs like us and like you said, we all have our different ways in which we would use that $10000 to invest into bitcoin.

Personally, I will divide the money into three parts since I already have an emergency funds available. I will use $3000 to frontload my bitcoin investment, use $2000 to keep for buying at the dip and I will use the $5000 left to spread across several weeks for DCA buying.

That's clearly a significant amount of discretionary income. I think if someone has $10,000 in discretionary income and wants to use it to buy Bitcoin outright, regardless of the price, or better yet, buy it when the price drops, neither is a bad idea.

any method that bitcoin is bought using discretion incomes may not be bad except that the person uses all his discretion income to invest into bitcoin without proper money management. why its problematic to use almost all or all discretion income to invest in bitcoin is because it will make a person lack the financial capacity to withstand some pressure that would have been done easily with the help of enough discretion. dont get me wrong, i know that in the absent of discretion income that we could also be having emergency and reserved fund, but if proper care is not taken in the aspect of improper discretion management, of course it will lead to penetrating into those backup funds and or  floats such as the emergency an reserved  fund. and it will later result to even selling some portion of bitcoin. in this case we need to be careful in the choices we make.

[Obulis]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Wow...that's a huge discretionary income for plebs like us and like you said, we all have our different ways in which we would use that $10000 to invest into bitcoin.

Personally, I will divide the money into three parts since I already have an emergency funds available. I will use $3000 to frontload my bitcoin investment, use $2000 to keep for buying at the dip and I will use the $5000 left to spread across several weeks for DCA buying.

We don't need to be distracted exactly by the specific amount that is available, and surely if we come to bitcoin, we have to consider what funds we have available and what other funds that we have that might come available through our discretionary income.

So if we come to bitcoin and we have a lump sum amount and we already have an income, then we would attempt to account for all of that in terms of creating and following through with our short-term investment plan over the coming 3-6 months and beyond... Surely we also could be investing into bitcoin regularly, and then come across some extra money from time to time, and then when we come across the extra money we have to decide how we are going to deploy it.. such as how you mentioned.. some portion might be to buy right away, another portion set aside for buying dips and another portion added to our regular DCA.. maybe spread over a short period of tome or perhaps we might choose to spread it over a longer period of time.  These are all choices that are available for each of us to make based on a variety of factors in our own personal circumstances, and each of us would likely not come to the exact same balances.

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

You’ve pinpointed a natural ground... Strategizing in multiple timelines is required for joining lump sums with steady income. Deploying unexpected funds provides flexibility regarding personal objectives, either immediately, for dips, or blended into DCA. Your outline on holding capital for dips is insightful, it’s more viable with income available that can be use based on any decision or important existing holdings, but not advisable for those early in accumulation.  There is no all the time good method; instead, deliberate decisions are made based on individual capacity and believe. This self-awareness is wisdom.
 

[danadc]

Sir jayjuangee has said this countless times here that waiting for a dip in price of Bitcoin before buying is a wrong approach because by waiting for the price to dip, you may miss a whole lot of buying opportunities, so you saying that someone that have such an amount that wants to acquire Bitcoin should buy when  it drop in value is not ideal because you are saying indirectly that the person should wait before buying. If you are buying weekly or monthly and their is a dip in the market, you may seize the opportunity and invest aggressively if you have the reserve funds to do so, but waiting is bad, so this your advice of waiting is a terrible advice if you are giving it to a beginner.

Yes that is a great approach, the idea is to buy BTCaccording to a schedule, be it weekly, monthly, and when there are falls try to buy a little more, for example the geopolitical problems now with the USA with its tariffs and its problems with Russia now with new threats that have nuclear weapons and everything related to this causes panic and only the weakest have sold, I say weak hands because they are the new market participants, long-term investors and institutional money are not selling.

These market crashes can have a very political and panicky tone, isn't it time to buy more cheap BTC?

[Nightwatchmare]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

The reason why people are laying too much emphasis on investing small amount per time is because it is not every investor that has good discretionary income to accumulate bitcoin with a big amount at once, and for them not to be left out from bitcoin investment, they can invest small amount per time, and if they are consistent with their investment, they will build up a good quantity of bitcoin. If you have a source of income that gives you $10,000 as discretionary income after you have solved your monthly expenses, there's nothing wrong if you decide to accumulate Bitcoin with the $10,000 with a lump sum strategy because it will even help you to frontload your investment.

[CageMabok]

You’ve pinpointed a natural ground... Strategizing in multiple timelines is required for joining lump sums with steady income. Deploying unexpected funds provides flexibility regarding personal objectives, either immediately, for dips, or blended into DCA. Your outline on holding capital for dips is insightful, it’s more viable with income available that can be use based on any decision or important existing holdings, but not advisable for those early in accumulation.  There is no all the time good method; instead, deliberate decisions are made based on individual capacity and believe. This self-awareness is wisdom.

That's the difference between a new investor in the early stages of accumulation and one who has been accumulating more Bitcoin through various methods and buying strategies in the past. And it's quite reasonable for everyone to understand because, fundamentally, we shouldn't equate the conditions of a new investor with those who are already experienced enough to use more prudent investment methods. I also quite agree with the idea of lump sum pooling to find sufficient flexibility, as these funds can also be used simultaneously during times of bear market conditions like the current one.

I hope today's Bitcoin price drop is short-lived and not too deep. Bitcoin is currently trading at over $113,000, which is a good price for investors accumulating and those looking to buy large amounts. This price drop may have been triggered by the recent import tariff panic in several countries, which may have temporarily forced investors to withdraw from the market.

[Muba20]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

Agreed, a newbie in bitcoin investment trying to save up for a DIP when they can just keep buying doesn't seem like the best of idea, even more so when their discretionary income is also on the low side, buying the dip is good when you already have a good stash of bitcoin and you are already a veteran investor and still DCAing if you want to, a newbie shouldn't wait for a DIP before buying but if they have enough discretionary income during a dip then they can buy that dip as much as their discretionary income allows

No one knows when the Bitcoin dip will happen. So if you wait to invest for the dip, if the dip does not come at some point, then you can not invest. Moreover, if you can buy Bitcoin at the current price, if the price of Bitcoin increases, then you will have to buy Bitcoin with more money in the future. But if you follow DCA regularly and invest in Bitcoin with your discretionary income, then you can build a good portfolio. Whether the price of Bitcoin increases or decreases, those who do DCA will benefit. It is better to do DCA rather than wait for an uncertain dip.

[JayJuanGee]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Wow...that's a huge discretionary income for plebs like us and like you said, we all have our different ways in which we would use that $10000 to invest into bitcoin.

Personally, I will divide the money into three parts since I already have an emergency funds available. I will use $3000 to frontload my bitcoin investment, use $2000 to keep for buying at the dip and I will use the $5000 left to spread across several weeks for DCA buying.

That's clearly a significant amount of discretionary income. I think if someone has $10,000 in discretionary income and wants to use it to buy Bitcoin outright, regardless of the price, or better yet, buy it when the price drops, neither is a bad idea.

I find it difficult to see how you have concluded that it would be better to be able to buy the dip with the $10k.

We have no way of knowing if there is going to be a dip, and so then if a person has a plan to buy the dip, then they might end up never buying or never getting enough dip to satisfy their inclinations..

The important thing is to do it for the long term and not stop there.

If you are doing it for the long term, then why do you need a dip to buy?

There are three categories of buying. 1) buy right away, 2) defer based on time DCA, 3) defer based on price buying dip (that might not happen).   There is no problem considering all three, yet we do not need to just choose one of them or to dedicate all of the funds to a strategy that might not happen.  It is the wrong mindset...  Especially if you are really in bitcoin for the long term rather than trading.

We can continue making periodic purchases or use the DCA method using existing income and continue using discretionary income to buy Bitcoin and also for an emergency fund to add to an already large holding and make it even bigger over the long term.

If a person has an income then such person can plan their DCA based on their income, and so yeah, if they have both an income and a lump sum, then they are likely to consider their already existing DCA (if they are doing it) in regards to how to apportion their lump sum amount.

[sotelorene]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

Agreed, a newbie in bitcoin investment trying to save up for a DIP when they can just keep buying doesn't seem like the best of idea, even more so when their discretionary income is also on the low side, buying the dip is good when you already have a good stash of bitcoin and you are already a veteran investor and still DCAing if you want to, a newbie shouldn't wait for a DIP before buying but if they have enough discretionary income during a dip then they can buy that dip as much as their discretionary income allows

No one knows when the Bitcoin dip will happen. So if you wait to invest for the dip, if the dip does not come at some point, then you can not invest. Moreover, if you can buy Bitcoin at the current price, if the price of Bitcoin increases, then you will have to buy Bitcoin with more money in the future. But if you follow DCA regularly and invest in Bitcoin with your discretionary income, then you can build a good portfolio. Whether the price of Bitcoin increases or decreases, those who do DCA will benefit. It is better to do DCA rather than wait for an uncertain dip.

This case of waiting for dip before buying have been addressed several times and it was said that waiting is not a good strategy so anyone who is waiting has not mean to invest in Bitcoin because if they do, they will definitely use there discretionary and make good use of it. Aside the fact that one will miss a lot of opportunities while waiting for the Dip another thing is that the more one wait for the Dip, there is a tendency that they might lose hope or interested because dip may not occur when they expect it and even if it will happen, it may not get to the point they are expecting.

[Achalugo BTC]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Wow...that's a huge discretionary income for plebs like us and like you said, we all have our different ways in which we would use that $10000 to invest into bitcoin.

Personally, I will divide the money into three parts since I already have an emergency funds available. I will use $3000 to frontload my bitcoin investment, use $2000 to keep for buying at the dip and I will use the $5000 left to spread across several weeks for DCA buying.

We don't need to be distracted exactly by the specific amount that is available, and surely if we come to bitcoin, we have to consider what funds we have available and what other funds that we have that might come available through our discretionary income.

So if we come to bitcoin and we have a lump sum amount and we already have an income, then we would attempt to account for all of that in terms of creating and following through with our short-term investment plan over the coming 3-6 months and beyond... Surely we also could be investing into bitcoin regularly, and then come across some extra money from time to time, and then when we come across the extra money we have to decide how we are going to deploy it.. such as how you mentioned.. some portion might be to buy right away, another portion set aside for buying dips and another portion added to our regular DCA.. maybe spread over a short period of tome or perhaps we might choose to spread it over a longer period of time.  These are all choices that are available for each of us to make based on a variety of factors in our own personal circumstances, and each of us would likely not come to the exact same balances.

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

Well, while investing in Bitcoin, it's essential to have a view of your finances. That is to say that is not just about the available funds you have for investment, but your overall income and expenses, as well as any  future inflows of discretionary income. Doing this, can help you create a very thoughtful investment plan that will aligns with your financial goals and your risk management.

When putting extra money, which you are absolutely right that, there other options for one to consider. While some people may choose to buy Bitcoin immediately, while others might put aside a part or portion for buying dips or adding to their regular DCA. Which is to help to make informed decisions based on individuals capacity and their financial goals.

Also, it's true that holding back money to buy dips can put those who have limited discretionary fund or those who are early in their Bitcoin accumulation might find it confusing in making a well informed decisions or plan in their investing. But, in this state, it might be more proper or productive to focus on regular investing and allow the power of compounding work in their favour.

So, the best thing to do, is to have plan or strategy that will work or favour you and your financial situation. For it will help you to be able to achieve your success with Bitcoin.

[JayJuanGee]

[edited out]

Well, while investing in Bitcoin, it's essential to have a view of your finances. That is to say that is not just about the available funds you have for investment, but your overall income and expenses, as well as any  future inflows of discretionary income. Doing this, can help you create a very thoughtful investment plan that will aligns with your financial goals and your risk management.

When putting extra money, which you are absolutely right that, there other options for one to consider. While some people may choose to buy Bitcoin immediately, while others might put aside a part or portion for buying dips or adding to their regular DCA. Which is to help to make informed decisions based on individuals capacity and their financial goals.

Also, it's true that holding back money to buy dips can put those who have limited discretionary fund or those who are early in their Bitcoin accumulation might find it confusing in making a well informed decisions or plan in their investing. But, in this state, it might be more proper or productive to focus on regular investing and allow the power of compounding work in their favour.

So, the best thing to do, is to have plan or strategy that will work or favour you and your financial situation. For it will help you to be able to achieve your success with Bitcoin.

Part of the problem of poor people waiting or employing waiting strategies rather than ongoingly buying is because it takes a real long time to build any kind of investment stake, and even a person who is able to invest 10% of his income is going to take 10 years to have 1 years worth of income invested into bitcoin.. there are a lot of poor people who may well not even be able to put 5% of their income per year into bitcoin, so it could well take them 20 years or longer to invest up to 1 year's of their income into bitcion.

So part of the point is that they have to get a stake in up before fucking around with waiting strategies or buying on dip or anything other than just employing persistent and regular buying.  So yeah, poor people frequently end up screwing themselves by failing/refusing to stay focused on ongoingly buying of bitcoin, which is likely what they need to start to feel progress that might take them 10 years or more before they will start to feel that they are making some meaningful levels of progress, and I doubt that they are going to help their position by fucking around waiting for dips that may or may not end up happening. 

And yeah, in the end, each of us can do whatever we like, even dumb shit... and waiting, trading, getting involved in shitcoins are all dumb strategies, especially for poor people who should be figuring out how to ongoingly, persistently, consistently, regularly and perhaps even aggressively (within their means) be accumulating bitcoin through buying.

[SOKO-DEKE]

On the other hand, if we are already investing on a regular basis and then we are holding back some money in order to later buy on the dip, then that could create some of its own levels of complications, and it is not necessarily unreasonable to hold back some money for potentially buying on dips, especially for people who might have a lot of discretionary income and/or for a person who might have had already accumulated decent amounts of BTC. Holding back for dips does not seem to be a great plan for guys who either don't have a lot of discretionary income and/or for those guys who are fairly early in their bitcoin accumulation journey (and/or earlier in their building of an investment portfolio).

That is the fact. As far as someone doesn't always have much discretionary funds coming always and they have not accumulated a lot bitcoin is a bad idea for  such to want wait for more dip.so they are focus should be on accumulating without trying to hold back any money for further dip but just focus on buying.If someone tries to practice that, they will find it hard to build a good portfolio.The only thing they can do is to make use of the DCA strategy, but not wait for more dips, especially if they are an early investor who hasn't accumulated a reasonable amount of Bitcoin.

New Bitcoin investors shouldn't try to keep some discretionary funds just to get the dip. Otherwise, they can easily turn into traders by waiting for a dip. Even if they are lucky, they may think that when Bitcoin pumps, they will just wait for another dip, which is very wrong. They can keep doing that, but in the end, they might not build much in their portfolio.

[As-Soon-As]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.

Wow...that's a huge discretionary income for plebs like us and like you said, we all have our different ways in which we would use that $10000 to invest into bitcoin.

Personally, I will divide the money into three parts since I already have an emergency funds available. I will use $3000 to frontload my bitcoin investment, use $2000 to keep for buying at the dip and I will use the $5000 left to spread across several weeks for DCA buying.

Your words are very valuable, but I want to say that you should follow the DCA method regularly. But I think it is very difficult for all investors to add $ 10,000, although it is possible for you, this is the biggest goal for you. But if you follow the DCA method in both Bitcoin ups and downs, then it is the modern and good Bitcoin DCA strategy for you. To sustain Bitcoin investment, you must have the highest strategy and hard work and intelligence, you should keep adding money to the emergency fund again and again.
And if you follow the DCA method regularly, you will definitely be able to fight in a better position