Buy Buy Buy or Sell Sell Sell?

[Barikui1]

I disagree with you mate, you don't need or have to get an additional source of income before you can be aggressive in your investment, aggressiveness is a function of how big your discretionary is or aggressiveness is as a result of strong discretionary income. Remember when you are Investing aggressively you don't need to touch any other funds than your discretionary and anything that makes you touch other funds is a wrong thing or wrong approach because it's only our discretionary that is meant to be touched while we carry out Bitcoin investment whether aggressive or not. All an investor need to do before investing aggressively is to build up a good and huge discretionary and everything is settled.

I have To Disagree. Having a steady source of income before going aggressive is very crucial because discretionary funds don't just appear out of nowhere. They are created and replenished by Steady Income. If someone invests heavily without securing a secure and sonsistent cash flow their "huge discretionary income" can dry up very quickly and when the Market Dips, They may be forced to touch other essential funds (which you rightly said is wrong). A strong income stream provides with sustainability and flexibility in aggressive investing, while also protecting against the risk of running out Investing capital.

No, I believe you are wrong here, you must not have a steady source of income before you might decide to go aggressive or not, having a discretionary income and a reserves funds is actually key in being aggressive, because we all know that not everyone that has a steady source of income can figure out their discretionary income, so what makes you think that it is a must before you can decide to be aggressive or not?
The key to continuous aggressive purchase of Bitcoin is a discretionary income and it must be done within the confinement of it, problem will only arise if you are being aggressive outside of it, as long as you are being aggressive within the confinement of your discretionary income, you will be fine.
Then as for the safety and longevity of your Bitcoin holdings, having an emergency funds is a must, because without it, it's will be just a matter of time before you temper with your holdings which is not the best way to accumulate and hold a huge stash of Bitcoin over a long period of time.

[Gost ms]

I disagree with you mate, you don't need or have to get an additional source of income before you can be aggressive in your investment, aggressiveness is a function of how big your discretionary is or aggressiveness is as a result of strong discretionary income. Remember when you are Investing aggressively you don't need to touch any other funds than your discretionary and anything that makes you touch other funds is a wrong thing or wrong approach because it's only our discretionary that is meant to be touched while we carry out Bitcoin investment whether aggressive or not. All an investor need to do before investing aggressively is to build up a good and huge discretionary and everything is settled.

I have To Disagree. Having a steady source of income before going aggressive is very crucial because discretionary funds don't just appear out of nowhere. They are created and replenished by Steady Income. If someone invests heavily without securing a secure and sonsistent cash flow their "huge discretionary income" can dry up very quickly and when the Market Dips, They may be forced to touch other essential funds (which you rightly said is wrong). A strong income stream provides with sustainability and flexibility in aggressive investing, while also protecting against the risk of running out Investing capital.

We don't need a fixed income to be aggressive in investing, what we need is a source of discretionary income. You need to find a source of discretionary income through proper financial management. You need to continue investing with your discretionary income source and if you are willing to buy aggressively then you can buy aggressively depending on your financial situation.

If you buy aggressively without depending on your financial situation then you can face many kinds of problems. For example: Financial crisis if you buy aggressively with the money you need and if that amount of money is needed after some days then you have to sell your investment. In this way it becomes very difficult to maintain the balance of your investment, so it is better to continue investing depending on your financial situation

[JayJuanGee]

I personally think that if any of us are able to establish how much income we are going to need per year in order to maintain our lifestyle, then that is a good way of measuring if we have enough or more than enough BTC.... which will help us with our transition from accumulation stage to maintenance stage and then to sustainable withdrawal stage.

Perhaps to an extent I would also want to see a good number of us here figure out how much we want to keep accumulating in order to reach the over accumulation phase however, with a good amount one can and/or would be able to reach such goal before and/or after 3 cycles hence, perhaps most of us here excluding you and few others, have not been able to stay accumulating for 2 cycles judging from our registration dates yet in due time and if consistent enough sooner or later some of use would be reach that stage of sustainable withdrawal yet not me either as perhaps I would still have to keep accumulating.

Yep.  Unless guys say differently, we might need to use their forum registration as a way to approximately guess when they might have had gotten involved in bitcoin.

Also, it seems that with the passage of time, the slope of the BTC price appreciation curve is becoming less steep too, yet still bitcoin still seems to be amongst the best of risk/reward bets that any normal person could make, and so it still helps to concentrate on accumulating bitcoin, and surely even fairly aggressive investors might need to take 2 to 3 or even more time to really build up their bitcoin stash and other aspects of their cash flow management.

There are also some guys who are fairly young, and they likely might not be in a position to go straight into working and earning and income, and they might well want to consider the extent to which they might want to invest in college and/or their own self training and getting experiences that may or may not distract from their abilities to either continue to invest into bitcoin or to be able to continue to hold onto their stash without overly depleting it.  Sometimes certain training can help their income so that they can continue to either hold their bitcoin or to accumulate more bitcoin until whether either time passes and/or they build up their stash more.

I disagree with you mate, you don't need or have to get an additional source of income before you can be aggressive in your investment, aggressiveness is a function of how big your discretionary is or aggressiveness is as a result of strong discretionary income. Remember when you are Investing aggressively you don't need to touch any other funds than your discretionary and anything that makes you touch other funds is a wrong thing or wrong approach because it's only our discretionary that is meant to be touched while we carry out Bitcoin investment whether aggressive or not. All an investor need to do before investing aggressively is to build up a good and huge discretionary and everything is settled.

With same investment capital, you can invest gradually or aggressively, it's my thinking, that means I disagree with you.

Investment aggressively or not, it does not require to have extra (additional) source of income or investment capital. It's only matter that whether you want to DCA gradually or want to purchase bitcoins aggressively. Assuming with same investment capital as $1,000, you can gradually DCA in 10 months or your can purchase bitcoins more aggressively in 5 months or 3 months or 2 months.

Of course with DCA strategy, it's always better if you can have regular investment purchases and can have new investment capital with time rather than 100% rely on your investment capital at beginning and plan how to use it with time. Like you can start with $1,000 investment capital, plan to use it for purchasing bitcoins in 10 months, but it's better if with time, each month you can save part of your income and have like $50 or $100 more new investment capital. That will sum up your investment capital to bigger than $1,000 with months.

If a person has lump sum available, such as $1k to get started, and maybe  he has an income in which he can buy $100 per week in bitcoin, then with the extra $1k, he does not need to invest through DCA, he could buy right away and/or he could buy at the dip (if the dip happens), so he has choices of the three different styles, and DCA is not always better if you already have a lump sum of cash come available to you.  One of the reasons that so many people use DCA is because it is much easier to tailor some kind of a buying amount that goes along with their regular income coming in and their expenses, and so DCA also will allow an adjustment every week or whatever period that a person chooses to buy bitcoin under that kind of an approach/practice.

[Out of mind]

If a person has lump sum available, such as $1k to get started, and maybe  he has an income in which he can buy $100 per week in bitcoin, then with the extra $1k, he does not need to invest through DCA, he could buy right away and/or he could buy at the dip (if the dip happens), so he has choices of the three different styles, and DCA is not always better if you already have a lump sum of cash come available to you.  One of the reasons that so many people use DCA is because it is much easier to tailor some kind of a buying amount that goes along with their regular income coming in and their expenses, and so DCA also will allow an adjustment every week or whatever period that a person chooses to buy bitcoin under that kind of an approach/practice.

Yes, if a person has $1,000, he does not need to follow the DCA method, he can buy from the depths of the market if he wants. DCA will be a good method for those who will invest using the equivalent of $100 every week, but it will not be very effective for those who will buy from the depths. If I have a large amount of money at one time, then I will definitely reflect that when the market falls, and it goes down a lot, I will invest with all my money. If I can buy deep, it can show profits in a very short time, but if I use DCA every week with my money, it will not give much profit. So if you have cash, it is better not to practice the DCA method in investing, but it is better to buy when there is instability in the market.

[ejikeme24]

I personally think that if any of us are able to establish how much income we are going to need per year in order to maintain our lifestyle, then that is a good way of measuring if we have enough or more than enough BTC.... which will help us with our transition from accumulation stage to maintenance stage and then to sustainable withdrawal stage.

Perhaps to an extent I would also want to see a good number of us here figure out how much we want to keep accumulating in order to reach the over accumulation phase however, with a good amount one can and/or would be able to reach such goal before and/or after 3 cycles hence, perhaps most of us here excluding you and few others, have not been able to stay accumulating for 2 cycles judging from our registration dates yet in due time and if consistent enough sooner or later some of use would be reach that stage of sustainable withdrawal yet not me either as perhaps I would still have to keep accumulating.

Yep.  Unless guys say differently, we might need to use their forum registration as a way to approximately guess when they might have had gotten involved in bitcoin.

You're right, but I noticed that some guys is already involved in  bitcoin investment for like 4 to 5 years before joining this forum so is assume that this set of people must have started the accumulation process earlier before joining the forum, and yeah we can easily find this set of people through thier contributions I have seen Alot of people making nice contributions but when you look at their registration date you will find out that they join this forum recently so if we are to guess from the registration date we may be wrong, just like a friend of mine who has been accumulating bitcoin for some years now yet he had no idea about this forum the guy is a old friend of mine he traveled very far from me then we misplaced contact he returned not quite long as he was going through his phone then I discovered that he has been accumulating bitcoin for some years now, so I was wondering where he got this knowledge I thought he's a member here but when I ask him he said no" that he haven't heard about this forum before that he build the knowledge from a friend. I don't really know how far he has gone in the accumulation journey but I'm sure that he has stack enough bitcoin but not really sure if he has gotten to the status of overaccumulation.

[IceLincoln]

For an investor to invest in Bitcoin outside his discretionary income, should that not be a bad investment strategy, because from what I have know and learnt during my time here, that wouldn’t be a good investment strategy, well I guess that is why you feel it’s whole lot of difference if you are to compare with someone that is investing through his discretionary income, if I’m to invest with my discretionary income is more comfortable than investing outside my discretionary income which is quite awkward way of buying Bitcoin for me, and that might just be a premeditated mistake.

It is a bad investment, a very dangerous game the individual is playing, I wouldn’t want to call such a person an investor. Already investing outside your discretionary funds shows you lack proper knowledge of bitcoin and financial investments, and this will further lead the person to make more mistakes in the future;
Because he has invested with more than his discretionary he’ll be tensed, pressured and not at peace when price declines and because of his poor knowledge he might be tempted to sell at a loss making it a wasted effort. Yes some people might be lucky when they do this and price pumps but the gain is very minimal. You shouldn’t do it.
When the basic need that the money was supposed to be used for becomes imminent, he becomes pressured to either sell or take a loan, to upset his poor management. You see that once you make one financial mistake it has a ripple effect of causing so many other mistakes or poor decisions.
This is why it’s not advisable to invest with more than you can afford to lose (your discretionary) not just in bitcoin but in every other investment of your choice…, but greedy and ignorant people still do this.

[BitBakerr1]

If a person has lump sum available, such as $1k to get started, and maybe  he has an income in which he can buy $100 per week in bitcoin, then with the extra $1k, he does not need to invest through DCA, he could buy right away and/or he could buy at the dip (if the dip happens), so he has choices of the three different styles, and DCA is not always better if you already have a lump sum of cash come available to you.  One of the reasons that so many people use DCA is because it is much easier to tailor some kind of a buying amount that goes along with their regular income coming in and their expenses, and so DCA also will allow an adjustment every week or whatever period that a person chooses to buy bitcoin under that kind of an approach/practice.

Yes, if a person has $1,000, he does not need to follow the DCA method, he can buy from the depths of the market if he wants. DCA will be a good method for those who will invest using the equivalent of $100 every week, but it will not be very effective for those who will buy from the depths. If I have a large amount of money at one time, then I will definitely reflect that when the market falls, and it goes down a lot, I will invest with all my money. If I can buy deep, it can show profits in a very short time, but if I use DCA every week with my money, it will not give much profit. So if you have cash, it is better not to practice the DCA method in investing, but it is better to buy when there is instability in the market.

You guys are correct however if a person has good amount of money that he can use to buy bitcoin at once and then start holding is a very good idea and a very good move however that does not mean that he still can't continue using DCA strategy, now if a person got a contract that gave him huge amount of money and he then decide to use it to accumulate Bitcoin when Bitcoin is in dip that those not mean that he still can't continue using DCA strategy.
There was a time I won a very huge amount of money through gambling I used that money to accumulate Bitcoin and I still continue accumulating Bitcoin weekly because I still want to achieve more Bitcoin in my wallet.
DCA strategy is very good from the little I have been accumulating weekly I have been able to reach a very huge amount of Bitcoin accumulation.
Some people are still feeling that DCA strategy is not a fast way to accumulate Bitcoin but I can tell you that if you are patient and consistent you will be shocked at how far you will go in some months if you are accumulating weekly.

[laspol65]

If a person has lump sum available, such as $1k to get started, and maybe  he has an income in which he can buy $100 per week in bitcoin, then with the extra $1k, he does not need to invest through DCA, he could buy right away and/or he could buy at the dip (if the dip happens), so he has choices of the three different styles, and DCA is not always better if you already have a lump sum of cash come available to you.

Of course, among the three steps, first of all, it is better to buy Bitcoin with 1K dollars or 2K dollars (any amount can be used to start). There must be cash because many people work and receive pension money at the end of their life. If you buy Bitcoin with that money, you will be able to buy a large amount, and the three methods you mentioned are firstly, deep buying, secondly, buying according to the DCA method, and buying Bitcoin immediately.
It is definitely possible to be successful if you buy Bitcoin with these three methods.

[sotelorene]

If a person has lump sum available, such as $1k to get started, and maybe  he has an income in which he can buy $100 per week in bitcoin, then with the extra $1k, he does not need to invest through DCA, he could buy right away and/or he could buy at the dip (if the dip happens), so he has choices of the three different styles, and DCA is not always better if you already have a lump sum of cash come available to you.  One of the reasons that so many people use DCA is because it is much easier to tailor some kind of a buying amount that goes along with their regular income coming in and their expenses, and so DCA also will allow an adjustment every week or whatever period that a person chooses to buy bitcoin under that kind of an approach/practice.

Yes, if a person has $1,000, he does not need to follow the DCA method, he can buy from the depths of the market if he wants. DCA will be a good method for those who will invest using the equivalent of $100 every week, but it will not be very effective for those who will buy from the depths. If I have a large amount of money at one time, then I will definitely reflect that when the market falls, and it goes down a lot, I will invest with all my money. If I can buy deep, it can show profits in a very short time, but if I use DCA every week with my money, it will not give much profit. So if you have cash, it is better not to practice the DCA method in investing, but it is better to buy when there is instability in the market.

The way you are stating this is very wrong, the fact that someone has $1000 doesn't mean they can not use the DCA method again off course they can and as a matter of fact if that is your income for the week or month all one need to do is to get a discretionary from there and invest instead of going all in. But if your income is more than this by X then using $1000 from your discretionary to go all in won't be bad as long as it is coming from your discretionary. If you use all your money that is money outside your discretionary to buy Bitcoin when there is dip, you will surely see the ugly side of your action and trust me it won't be nice.

[Scarlett_23]

This is the main reason why a bitcoin investor shouldn't invest beyond his discretionary but from his discretionary income so that, he can continue hodli and keep his bitcoin accumulation ongoing with persist and consistent for 4-10 years and above

To own Bitcoin, you need to be patient and invest consistently without rushing. Because it does not depend on the amount of money, but rather on its consistency and permanence. This method gives more success than trading.

Because buying and selling for a small profit is like gambling. And if a person does not trade after investing, he will be financially well. When Bitcoin reaches a price, after reaching it, it starts fluctuating in the price around it. Therefore, many people decide to sell it, considering it the highest price. After selling at the highest price and later seeing a new ATH, the selling price seems too small.

In this way, many investors fail even after thinking of depositing for a long period. Therefore, if you want to hold on to success tightly, you can never touch the portfolio. And in this way, a person can enjoy the compound interest of his investment.

[Silikiem]

You're right, but I noticed that some guys is already involved in this crypto space for like 4 to 5 years before joining this forum

The focal point here is not crypto space but bitcoin specifically, and I believe that was the measure through which JJG said, in his statement he said “when they might have gotten involved in bitcoin” and not crypto. When talking bitcoin it should directly be addressed as bitcoin and not just crypto space In order not to contradict or mislead especially the newbies.

[Bluedrem]

If a person has lump sum available, such as $1k to get started, and maybe  he has an income in which he can buy $100 per week in bitcoin, then with the extra $1k, he does not need to invest through DCA, he could buy right away and/or he could buy at the dip (if the dip happens), so he has choices of the three different styles, and DCA is not always better if you already have a lump sum of cash come available to you.  One of the reasons that so many people use DCA is because it is much easier to tailor some kind of a buying amount that goes along with their regular income coming in and their expenses, and so DCA also will allow an adjustment every week or whatever period that a person chooses to buy bitcoin under that kind of an approach/practice.

I have analyzed that those who have lump sum money are the ones who are wasting the most time to invest in Bitcoin. I know five friends of mine who have been saving money for investing in Bitcoin for a long time. They do not use their lump sum money to invest in Bitcoin immediately, but wait for the price of Bitcoin to decrease. They always think that when the price of Bitcoin decreases, they will invest in Bitcoin with this lump sum money and later continue to buy from their discretionary income. They also talked to me about this. I told them that you should not wait, you should start buying Bitcoin now. But they told me that they will start when the DIP price of Bitcoin comes. Yes, the price of Bitcoin decreased a little in the middle but they could not start investing. They thought that Bitcoin would lose more value but later it was seen that Bitcoin increased its value a lot. Today, the price of Bitcoin is around $115,000, but when they were thinking of investing in Bitcoin, it was around $26,000. Later, they had to invest in Bitcoin at a price above $100,000, whereas they could have invested in Bitcoin at a much lower price if they had not waited for more DIPs.
I always say that those who have lump sum money can immediately use the entire money to invest in Bitcoin and later buy Bitcoin as DCA from their discretionary income. On the other hand, those who do not have lump sum money but have discretionary income should also adopt the DCA method and buy Bitcoin as often as possible, regardless of the current price of Bitcoin.

[Joy- maker]

If a person has lump sum available, such as $1k to get started, and maybe  he has an income in which he can buy $100 per week in bitcoin, then with the extra $1k, he does not need to invest through DCA, he could buy right away and/or he could buy at the dip (if the dip happens), so he has choices of the three different styles, and DCA is not always better if you already have a lump sum of cash come available to you.  One of the reasons that so many people use DCA is because it is much easier to tailor some kind of a buying amount that goes along with their regular income coming in and their expenses, and so DCA also will allow an adjustment every week or whatever period that a person chooses to buy bitcoin under that kind of an approach/practice.

Yes, if a person has $1,000, he does not need to follow the DCA method, he can buy from the depths of the market if he wants. DCA will be a good method for those who will invest using the equivalent of $100 every week, but it will not be very effective for those who will buy from the depths. If I have a large amount of money at one time, then I will definitely reflect that when the market falls, and it goes down a lot, I will invest with all my money. If I can buy deep, it can show profits in a very short time, but if I use DCA every week with my money, it will not give much profit. So if you have cash, it is better not to practice the DCA method in investing, but it is better to buy when there is instability in the market.

normally the strategy your are using to purchase bitcoin doesn't matter provided you are investing in bitcoin for long term 4 to 10 years or more. and sincerely speaking there is no specific amount for DCA method, you can DCA with any amount be it $1000 or $100 all depends on your discretionary income, let's say your income is $10,000 for the week and after settling all your basic needs and expenses, there is a possibility that $1000 can be  leftover to be your discretionary income, and if $1000 is leftover as your discretionary income you can use it buy bitcoin using the DCA method, instead of waiting for the dip, because waiting for the dip to occur may delay your bitcoin investment journey. And $1000 is not enough to lump sum because $1000 can't buy you good portion of bitcoin to hold for long term, and remember for you to make reasonable profit in return on the long run you need buy a good portion of bitcoin and hold for long term 4 to 10 years or longer.

[Bd officer]

I know five friends of mine who have been saving money for investing in Bitcoin for a long time. They do not use their lump sum money to invest in Bitcoin immediately, but wait for the price of Bitcoin to decrease. They always think that when the price of Bitcoin decreases, they will invest in Bitcoin with this lump sum money and later continue to buy from their discretionary income. They also talked to me about this. I told them that you should not wait, you should start buying Bitcoin now. But they told me that they will start when the DIP price of Bitcoin comes. Yes, the price of Bitcoin decreased a little in the middle but they could not start investing. They thought that Bitcoin would lose more value but later it was seen that Bitcoin increased its value a lot. Today, the price of Bitcoin is around $115,000, but when they were thinking of investing in Bitcoin, it was around $26,000. Later, they had to invest in Bitcoin at a price above $100,000, whereas they could have invested in Bitcoin at a much lower price if they had not waited for more DIPs.

Actually your friends are looking for the wrong strategy, waiting to buy dip is the wrong strategy. No one has succeeded in this, because the price of Bitcoin will not fall as you expected, so you will fail to invest. And long-term investors don't wait for dumping, they're ready to buy anytime. You said, when Bitcoin was priced at $26k dollars, your friends waited for more dumping but now Bitcoin is priced at $100k plus. So we can say that your friends will never get the right time or the right price, due to which they will only fall behind. So you should advise your friends to invest in DCA strategy. If your friends start investing in the DCA strategy, they can buy at an average price and have the opportunity to buy dip.
And what is the need to save money to invest? He can invest from his monthly income using DCA strategy.

[Fuso.hp]

If a person has lump sum available, such as $1k to get started, and maybe  he has an income in which he can buy $100 per week in bitcoin, then with the extra $1k, he does not need to invest through DCA, he could buy right away and/or he could buy at the dip (if the dip happens), so he has choices of the three different styles, and DCA is not always better if you already have a lump sum of cash come available to you.  One of the reasons that so many people use DCA is because it is much easier to tailor some kind of a buying amount that goes along with their regular income coming in and their expenses, and so DCA also will allow an adjustment every week or whatever period that a person chooses to buy bitcoin under that kind of an approach/practice.

Yes, if a person has $1,000, he does not need to follow the DCA method, he can buy from the depths of the market if he wants. DCA will be a good method for those who will invest using the equivalent of $100 every week, but it will not be very effective for those who will buy from the depths. If I have a large amount of money at one time, then I will definitely reflect that when the market falls, and it goes down a lot, I will invest with all my money. If I can buy deep, it can show profits in a very short time, but if I use DCA every week with my money, it will not give much profit. So if you have cash, it is better not to practice the DCA method in investing, but it is better to buy when there is instability in the market.

I think that even if someone has $1000, they should invest in Bitcoin step by step. If I have $1000 and I invest all the money at once, then I will not have an investment at every level of Bitcoin's price and investing in Bitcoin will seem boring to me, but when I buy Bitcoin continuously from that $1000, my attraction to investment will increase, which will make it easier for me to maintain this continuity of investment later.

Although everyone can start investing, not everyone can plan properly and maintain their investment according to the plan, so after investing, we have to ensure that we can maintain our investment for a long time. Because if we buy Bitcoin and sell Bitcoin immediately or sell Bitcoin after a few months, then we will not get a good amount of profit from that investment, so we have to be patient and wait for a long time, only then we will get the desired results from the investment.

[ruykeri]

I disagree with you mate, you don't need or have to get an additional source of income before you can be aggressive in your investment, aggressiveness is a function of how big your discretionary is or aggressiveness is as a result of strong discretionary income. Remember when you are Investing aggressively you don't need to touch any other funds than your discretionary and anything that makes you touch other funds is a wrong thing or wrong approach because it's only our discretionary that is meant to be touched while we carry out Bitcoin investment whether aggressive or not. All an investor need to do before investing aggressively is to build up a good and huge discretionary and everything is settled.

I have To Disagree. Having a steady source of income before going aggressive is very crucial because discretionary funds don't just appear out of nowhere. They are created and replenished by Steady Income. If someone invests heavily without securing a secure and sonsistent cash flow their "huge discretionary income" can dry up very quickly and when the Market Dips, They may be forced to touch other essential funds (which you rightly said is wrong). A strong income stream provides with sustainability and flexibility in aggressive investing, while also protecting against the risk of running out Investing capital.

I think @HustleZ  and @Showlove01  both of you have a misconception about investing aggressively in Bitcoin. If someone is regularly investing more than 70% of their discretionary income in Bitcoin, then that could be considered aggressive investing.If a person has $1000 in discretionary income per month and invests $400 in Bitcoin, and another person invests $90 of his $100 in discretionary income per month he investing more aggressively than expected, despite having less discretionary income.However, I think it is best to invest in Bitcoin in a relatively more aggressive way at first because the sooner we can buy Bitcoin with more money on a regular basis, the sooner we can collect more Bitcoin at a lower price. One thing all new investors should remember is that everyone should try to invest as much of his discretionary  income as is 25% of his total monthly income. As a result, his total investment over four years will be equal to one year's income, allowing him to reach the over-accumulation stage very quickly. To put it more simply, let's say a person earns $1,000 a month and after deducting all his necessary incidental expenses, he has $300 as discretionary income. If that person invests $250 a month in Bitcoin, that amount will be 25% of his total monthly income. That's exactly what I meant, and if you invest in this way, it is possible to reach the over-accumulation stage very quickly.

[Merit.s]

And $1000 is not enough to lump sum because $1000 can't buy you good portion of bitcoin to hold for long term, and remember for you to make reasonable profit in return on the long run you need buy a good portion of bitcoin and hold for long term 4 to 10 years or longer.

Looks like you don't understand what lump sum is. Buying bitcoin right away with an amount of money that you don't plan for or expect is called lump sum irrespective of the price of bitcoin and the amount that you used at that moment. You mustn't use a very big amount of money first before it can be considered lump sum. For instance, I am DCAing with $50 weekly and I got an extra cash from work as bonus or a gift of $100, I can decide to use that amount to buy bitcoin once irrespective of the price. I have just lump sum because I wouldn't be opportune to get such amount frequently in order to buy bitcoin with regular every week/month.

$1000 is a big amount to use to buy bitcoin at once for lump sum purchase but if you can afford to buy bitcoin regularly every week with $1000 because it's part of your discretionary income, then you are DCAing and not lump sum.

[Joeboy]

This is the main reason why a bitcoin investor shouldn't invest beyond his discretionary but from his discretionary income so that, he can continue hodli and keep his bitcoin accumulation ongoing with persist and consistent for 4-10 years and above

To own Bitcoin, you need to be patient and invest consistently without rushing. Because it does not depend on the amount of money, but rather on its consistency and permanence. This method gives more success than trading.

Because buying and selling for a small profit is like gambling. And if a person does not trade after investing, he will be financially well. When Bitcoin reaches a price, after reaching it, it starts fluctuating in the price around it. Therefore, many people decide to sell it, considering it the highest price. After selling at the highest price and later seeing a new ATH, the selling price seems too small.

In this way, many investors fail even after thinking of depositing for a long period. Therefore, if you want to hold on to success tightly, you can never touch the portfolio. And in this way, a person can enjoy the compound interest of his investment.

Patience and then consistency is the backbone of being successful in your Bitcoin journey. The reason for this is that market moves in cycles, sometimes it goes very high and sometimes very low, but what pays off at the end is the discipline to keep stacking little by little without panicking......And then also it’s not always about the size of one's investments but the discipline to keep going and not quitting halfway, that’s where the real success comes...... That why I keep telling most new investors that "an investor who invest only 10% of his discretionary and does it consistently and then with a mindset of patience is far more better than an investor who invest 50% of his discretionary, but does so only when he feels like( no consistency)."

[Lembo69]

Every investor must set a target timeline to which his/her investment journey would last actively before thinking of a possible sell, with this in mind, such an investor creates or build up funds such as emergency and reserve funds through his discretionary income to enable such investment plan been achieved. An investor who fails to plan, already plans to fail. A set plan of targeted goal towards such an investment will serve as guide and road map to a successful Bitcoin accumulation process..

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

Every investors will choose a strategy that they want because it's their money but the thing is that it's not every strategy that is a well thought out one for Bitcoin investment. Having a target timeline to sell is a choice but if you want to be very profitable in Bitcoin you'd hold for the very long term like 8 to 10 years or much more. No need to worry about a timeline to sell because it can be a distraction, you'd be flipping your calendar and doing countdown to sell time.

Personally I believe that the best strategy on when to be selling should be during retirement, also leaving some for responsible inheritors. With this in mind you'd just be buying and hodling without worrying about the perfect target timeline to sell. So far you have active discretionary funds you'd keep buying and when you get that lump sum you'd buy aggressively.

It seems that if anyone considers themselves a life-long investor into bitcoin, then they would need to spend 1 to 2 or maybe even 3 cycles accumulating bitcoin.  They might develop some kind of a formula to figure out if they have enough bitcoin or more than enough bitcoin.  It can take a while to get through the accumulation stage.

Is it possible for an investor to invest for life? Although he considers himself a lifelong investor. His portfolio has grown more than he had expected, what is the goal of his investment? Even if he sells some of his investment, the rest will remain. Is it even possible for an investor to invest for life? Although he can get a lot of profit from his investment. And he can also survive inflation. But as he gets older, both his life and investment will be at risk. If he dies, will that part of his investment not go to waste? Or will he be able to tell anyone in his family about his investment and wallet?

[Kagaru]

~snip~

With same investment capital, you can invest gradually or aggressively, it's my thinking, that means I disagree with you.

Investment aggressively or not, it does not require to have extra (additional) source of income or investment capital. It's only matter that whether you want to DCA gradually or want to purchase bitcoins aggressively. Assuming with same investment capital as $1,000, you can gradually DCA in 10 months or your can purchase bitcoins more aggressively in 5 months or 3 months or 2 months.

Of course with DCA strategy, it's always better if you can have regular investment purchases and can have new investment capital with time rather than 100% rely on your investment capital at beginning and plan how to use it with time. Like you can start with $1,000 investment capital, plan to use it for purchasing bitcoins in 10 months, but it's better if with time, each month you can save part of your income and have like $50 or $100 more new investment capital. That will sum up your investment capital to bigger than $1,000 with months.

If a person has lump sum available, such as $1k to get started, and maybe  he has an income in which he can buy $100 per week in bitcoin, then with the extra $1k, he does not need to invest through DCA, he could buy right away and/or he could buy at the dip (if the dip happens), so he has choices of the three different styles, and DCA is not always better if you already have a lump sum of cash come available to you.  One of the reasons that so many people use DCA is because it is much easier to tailor some kind of a buying amount that goes along with their regular income coming in and their expenses, and so DCA also will allow an adjustment every week or whatever period that a person chooses to buy bitcoin under that kind of an approach/practice.

I think the aspect of discretionary funds discussed by you is very accurate. You do not need extra money to be aggressive in your investments but the extent depends on the level of risk that you can afford to undertake using the funds that you would not mind losing. You can either DCA or buy more aggressively using your existing discretionary capital depending upon your level of comfort and the market environment.

DCA is effective in the process of averaging against volatility and putting purchases in an ordinary income stream, however, when you have a lump sum, it may be worthwhile to buy on the downside or buy more actively. It all depends on whether you have an effective plan and with a clear plan, you should not touch on monies that are likely to impact on your necessities. Basically, both strategies can be applied using the same capital, it is primarily a matter of timing, risk-taking, and disciplineness when using discretionary funds.

We all know that DCA method is a very good method, but there are many who prefer to buy Bitcoin from the dip market. For example, a few days ago the Bitcoin market was dumping and went down to $107,000, and those who were able to buy Bitcoin from that dip market are currently experiencing fairly good success. So investing in the DCA method is good, but it is even better if you can invest from the dip. I had some emergency funds, I have been accumulating my funds for quite some time, I was expecting a lot of dumping but there was not much dumping. I was hoping in my heart that if Bitcoin came close to $100k or even below, then I would buy Bitcoin from there, but it did not come to that level, but I bought from the dip market a few days ago, and currently I am experiencing a lot of success, so I say that buying from the dip market leads to a lot of success for every investor, but if you cannot wait for the dip market, then you can invest continuously using the DCA method where you do not have to wait for the dip market.

As a long term investor whose initial strategy has been focused on the long term goal of consistently or Perherps persistent accumulation of bitcoin with a discretionary income using the DCA method I don’t think it’s advisable to wait for the dip before you accumulate bitcoin. Waiting to invest when its dip is a strategy only adopted by traders who are in for a short quick profit making mindset and they always panic whenever they notice a little downturn in the market price. A real investor will not wait until its dip before accumulating bitcoin rather he will just carry on with his ongoing strategy of figuring out a discretionary income to consistently accumulate bitcoin and gradually build up his portfolio through the DCA method and if along the line the dip presents itself, it will only be seen as an added advantage or opportunity for him to stack more aggressively and add to his already stacked up portfolio. That time you’re using to wait to buy in the dip would have been used to gradually accumulate a reasonable amount of bitcoin stash using just your discretionary income and gradually build up your portfolio. Moreover, waiting for the dip which might not occur would be seen as a waste of time because you’ve missed out on so many investments opportunities.

Well, I believe that both methods are good, depending on the type of mentality and purpose. DCA is the best when there is long-term accumulation since one does not have to worry about timing the market (and therefore stable growth can be achieved with solely discretionary income). You do not have to worry about missing a dip as with time, regular buying will even out the price.

The obvious benefit of purchasing dips is that it can help gain faster when the market plunges, but that is only possible with liquidity, patience and being willing to monitor the market closely which makes it a stressful experience. In the case of long-term investors, it seems to be safer to see dips as optional additions, but not the primary strategy. Basically, the DCA is the base and any dip buys are bonus stacking as opposed to perfect timing which hardly occurs in a regular manner. This would minimise risk and yet you are able to benefit on market movements.