Topic: Buy the DIP, and HODL! - page 14. (Read 128925 times)

If you are investing in bitcoin as a new investor, the dip shouldn't put you in panic since you are investing on a long-term investment and you are not selling but only buying. It's only when you sell your bitcoin during the dip that you will run at loss or you use money that's not your discretionary income to buy bitcoin and sell when your need arises if bitcoin price is below your entry point, but as long as you continue to hodli and keep your bitcoin accumulation ongoing with DCA, the dip is a blessing because it will make you buy more Bitcoin in discount.

You shouldn't think of the dollar value of your bitcoin portfolio but think of the quantity of bitcoin in your portfolio so that you don't panic because bitcoin price will definitely recover and move farther. I think that any new investor who is serious on his bitcoin accumulation will definitely, accumulate bitcoin in the bull run to keep on increasing his bitcoin portfolio, because you cannot stop buying because it's bull run when you have the money to continue buying.

Posts on buying Bitcoin aggressively is more focused on investors who have just an average considerable amount of money (discretionary income) that they are likely to spare into investing in Bitcoin. Once there is enough funds to go round for investment, there is no part of the journey that should be seen as aggressive buy, people with good money can decide to buy at any price not just that but with a large amount of money, this separates them from the usual investors that needs to calmly checklist all their expenditures before realising what they have spare to join the investment.

Mindset works but most investors buying High are FOMO investors, only few are not FOMO investors  because most of this investors had the opportunity and  heard about bitcoin earlier before the high.
 When Bitcoin went from 60k+ to 48k , most of this investors didn't buy thinking it has ended, same goes to the price drop from the major resistance at 69k to 73k they didn't take the chance, now they FOMO tops and I am still sure that  they would  still contribute to the price dips by selling in loss .

I'm  not saying investors shouldn't buy high but  if truly they are willing to invest then they must put it at the back of their mind that dips might be experienced which might put them in loss at first before they can start seeing profit  since they bought at a higher price , some might be lucky without experiencing any loss at first (minimal but unavoidable) and IMO they can try DCA , BTC price is not only going  in one direction , DCA can give them opportunities to catch dips as well as different price entries .

The thing we always see in Bitcoin investment is the lack of proper consciousness. We are somehow worried about understanding or being patient that Bitcoin is a long-term investment. The investment criteria for growing the portfolio should be proper rules, discipline and daily investment process. Of course, it is necessary to invest in Bitcoin (DCA) according to the dollar cost averaging method because it will not cause the investment system to suffer losses due to market fluctuations.

I think if you have enough capital to invest, maybe it is your remaining capital, then you can buy Bitcoin now and save it. And those who are weak in terms of economy can invest little by little.I think we should definitely invest in the long term according to the DCA method, so that we wait until Bitcoin reaches its high peak in the future.

They are just assuming that aggressive buying is bad especially buying it at the top since maybe they still have this trading thoughts and afraid of possible dumps that might happen.

But if they you are capable to make those things to happen with proper knowledge on how to do it then there's really nothing wrong for doing that. As long term investors who does DCA this is our target since being consistent is the most important thing so that we can increase the volume of our holdings. Its understandable that some may doubt about doing it but if they always act like that nothing will happen to them.

The main point here is if you are capable and have money to spend you can do those things what you want especially for your bitcoin investment. But choose to do good decision and avoid any unnecessary distractions.

Buying Bitcoin is not a problem but having a good mindset before doing that, many people will think that buying Bitcoin when the price is still high is a wrong movement but in terms of Bitcoin there is nothing like that because the price of Bitcoin changes any time, you can buy Bitcoin and in the next day the price will reduce or increase and that is the nature of Bitcoin no one can predict it.

As long as you are capable of doing what you want then you can go ahead, you can be told to not buy when the price is high and within a minute the price will increase and that will make you feel like the person doesn't give you good advice, people who are become a successful people today in Bitcoin didn't think negative about Bitcoin, so Bitcoin deserves a good mindset before taking any step.

It is clear because every step that has more complete consideration based on each person's ability is very worthy even though others may see it as an aggressive action. But as long as you are able to do it very well without any objections and difficulties because of it, I think there is no problem to think about, especially if your own goal is to buy and collect more Bitcoin without any target to sell it in the near future. In addition, we can all also see how the rich people who continue to buy Bitcoin without fear and companies who still see Bitcoin as an important asset to buy so we can also follow their steps and be brave to buy Bitcoin without looking at high or low price levels.

I have been going through this thread for quite some time now without posting, but on seeing this and with the little I have learnt here, there is nothing wrong buying aggressively without over doing it even when the price of Bitcoin is high but it must be within your discretional income. What is your definition of high BTC price when we know that what is considered to be high price today can seen as a dip price tomorrow, perhaps you are only buying a fraction just buy as much as you can without over doing it, these are one of the things i have learnt here.

There is nothing wrong if an investor chooses to buy aggressively if your discretionary income is capable to do so it is your discretionary income that will determine how aggressively you want to buy but don't over do it if your discretionary income is not enough to carry your Bitcoin accumulation in a way that it will affect your personal living you can also increase your Bitcoin stack gradually by dacing either weekly or monthly regardless of Bitcoin price and continue to hodl.

Your advice will help me to be a good BTC depositors to explain more clearly. I may be a little wrong in explaining but what I want to say is that a new investor should buy aggressively from his disposable income and not rush to make a buying decision through market analysis. Aggressive buying during high BTC prices may not be a good decision so I would at least start with small savings (DCA) method. There should be no mistake in depositing BTC from discretionary income aggressively or (DCA) and not regret it even if the price drops further. Although the chances of dumping too much are very low. The money I can lose or even if I am stuck in the portfolio for years will not have a negative impact on my general lifestyle. If I had floating disposable cash fund. BTC allows me to be optimistic to deposit more when credibility is high as long period.

There's no doubt that buying bitcoin during the bear season will give you more profits, but it will be a dumb idea for a brand new investor who wants to start his bitcoin journey and has the money to start right away should start waiting for the bear market when no one knows when it will come and how much will be the bottom line of the bear market. This is why there's no need waiting because you are already late to bitcoin, the new investor should get started immediately and continue buying with DCA regularly for 4-10 years and above, so that he can be buying bit by bit and grow his bitcoin stash overtime.

However, I also want you to know that new investors don't need to be timing the market for cheap price because he is after how much profit he will make in the next bull run because he will can get distracted and be playing with his bitcoin journey slowing the increase of his bitcoin portfolio. Since they're on a long-term drive, only consistency and persistence in their bitcoin accumulation in a long-term will give him good quantity of bitcoin in the long run, and your profit in future depends on the size of your bitcoin portfolio.

Bitcoin price is not too expensive that you should be waiting for the bear market, because the more you are waiting, the more you are missing out the opportunity in the market. Bitcoin price waits for no man. Get started immediately, if you have the money and you wouldn't regret your actions as long as you are investing in a long term. Use the DCA strategy to buy bitcoin instead of waiting for the dip because you are still a no coiner.

Prioritizing buying Bitcoin during the bear run and considering profits in the bull sounds more like some worth way of trading for short term profit maximization and this can be misleading to newbies who are meant to make investment decisions in Bitcoin without considering the market conditions. Because it is Bitcoin we are talking about when you buy is not important the most important is that you are buying irrespective of the market conditions and hold for as long as necessary, whether in bear or bull run is always advisable to maximize every buying opportunities to increase the size of your Bitcoin up to a reasonable amount and hold for at least 4 to 10 years time line.

Considering the current market price can help investors to make a good decision, that will bring good profit to them in the future, hope you know that, this is decentralized investment which anything can happen at anytime for people to change their decision toward the situation in the market. Investors should know that buying BTC in the bear run give people more opportunity to earn massive profits from the market, when the bull run occur in the market, you can see the majority of investors that are happy in this current price that hit $102k few days ago, and those are the investors that took their decision to buy BTC when the price was low some years ago before they decided to trade them in this bull season.

You can buy BTC all the time when you are financially buoyant, don't forget that all investors are not equal in this industry, and it will be favourable to buy BTC in the bear run because there is a chance for investors to boost their profits in the bull season.

There is no specific time to buy bitcoins but that doesn’t mean you should invest due to FOMO because that is the major mistake most new investors make especially at times like this when the market trend is going up. Most will want to come in and invest with the intention of making quick profit in a short period. Buying at anytime is not the issue because bitcoin will even surpass it’s current value but new investors should have in mind that the plan is to buy and hold for a long term not buy and expect quick profit to sell in a short time.

If you've planned your investment strategy, stick to it. Taking breaks can hurt your investment plan. Since you've chosen a weekly or monthly investment schedule, trust yourself to follow through. Discipline is key to successful investing.
With DCA, you've committed to investing a fixed percentage of your income. Stay disciplined and avoid breaks to achieve your long-term investment goals. you're in control of your investment amount, so there's no need to feel pressured or take a break.

Of course you're not wrong that skilled and experienced investors wait to buy bitcoin but mentioned microstrategy here makes your statement deviant a little bit because of microstrategy waits to invest in bitcoin he would have made his recent bitcoin purchase. This actions of course teaches newbies that it doesn't matter what the price of bitcoin is at the moment all you should be fixed on is building your portfolio to a good standard and if that's the goal then DCA is probably the best way to go about it because one must have examined themselves whether they would be able to buy bitcoin weekly or monthly.

Additionally, those who wait to buy bitcoin as you say are experienced people and such experienced people IMO must have reach a decent level of purchase that they now invest based on market trends or must during the bear market, but for a newbie that is still in his accumulation stage it's absolutely not advisable to wait for a good entry price to buy rather one should buy based on their discretionary income and buy as aggressively as they can when the capabilities are there as long as bitcoin is not a ponzi scheme newbies can be focused on building a good portfolio than gains.

There’s difference between saving and investing actually but that’s not the purpose of this thread…
DCA doesn’t mean buying every week or month , it’s just picking a specific interval comfortable for you to invest could be a day, 2 days, 5, 1 week, 2 weeks….and more  It depends on the investor to pick which is suitable for him/her, what really matter is consistency with the plan he/ she choses.
You don’t need a stable income to invest, why do you think strategy like DCA are been utilized by investors in the first place (flexibility),it helps with your investment journey… Normally,you invest to become financially stable , you don’t need to wait for stable income to invest in Bitcoin, start with the little  and once it’s stable you can always increase your plans . Hence, with the discretionary income thingy, having breaks could help to keep everything balance(use those breaks to build your emergency funds & likes ) and then once it balanced you can always resume… the subject  is investment is not an easy thing(remember  that) as I said earlier, it’s just your mindset, once you’re chases you will see the results(it’s not always now but future tells).

That’s just the point!

The market is not complete without weaker hands, I knew from intuition that there's going to be a sharp decline in price as soon as it gets to $100k because many people set their sell orders at $100k or slightly above it(down to my own friends). BTC was at $97k this morning, retraced to $95k yesterday and now stands at $101k . The good thing is that it has touched those prices(ATH of $104k) and it's going back there in no distant time as the bull run progresses. It seems $95k is now the new dip, lol. Good thing is that it's not late to invest, but the prices are higher now, meaning more money for less stashes. It's good to begin now because in no distant time this price would be some people's dip expectation and they still may not get it.

This validates to us investors that Bitcoin still got it's potential intact and should fuel our desire to being more serious with our DCA and get more aggressive if possible to accumulate more stashes of Bitcoin because it's obvious the future is massive.

Hi sir, it seems you do not understand properly what DCA is, DCA is a routine purchase strategy that does not care about the price when executing it. So in weekly purchases of course if the purchase period has arrived we will buy it.

No one knows what the price of Bitcoin will be in 2025, whether it will go up stronger or even down is not certain because we still have one month left before we enter 2025. Because I am not good at analyzing price movements, I only hold one word that Bitcoin only has 21 million coins, so the longer it is, the rarer it will be and the price will increase with the push of high demand.

For that, I stick to the principle that I have planned where next year I will adjust or increase the budget to 15% for me to invest in Bitcoin.

Hey Greyhats, Your statement is quite accurate, accumulation with DCA does not care about price because we buy consistently throughout the period we are targeting in long-term investment. But know, we need a deeper approach because we are still in the accumulation stage so there are several reasons to act more aggressively in accumulation in the coming year. This is not about forcing yourself but pursuing a target to reach a faster level in achieving accumulation goals, nor is it about satisfaction because of the investment we plan for the long term.

Yeah. I believe with what you said, but remember DCA method is just a method of investing is  compulsory you must be investing everyday week or month is a method to invest because it is a easy one to invest in bitcoin, in DCA you can still invest anytime you have extra money that you wish to put in bitcoin investment but plan for a long time investment atleast 10 years before you think of taking profit.


Not really. Even with the DCA method of investing in bitcoin, you can still take a break. Just because you are using the DCA method to invest in bitcoin doesn’t mean you must be investing all the time. DCA is just a method of investing in bitcoin.

The DCA method did not have any rules, and you must be investing nonstop. The truth is that you can still take a break when you feel that you don’t have enough money to invest at the moment, and they continue when you are balanced.

Moreover, if you really want to invest in bitcoin and you want to wait till you are financially stable, then seriously, you will find it hard to do because when you think of waiting till you are financially stable, time is going, and you are missing opportunities of investing early. It’s better as someone who is planning for a good future; you should be able to remove some percentage from your earnings and invest in bitcoin.