Topic: Buy the DIP, and HODL! - page 18. (Read 138544 times)

The value of investment lies in its long-term nature. If you think long-term, the volatility of Bitcoin has no impact at all. In long-term planning, a lump sum strategy requires more capital. Many people prefer investing in a lump sum strategy. Yes, with a lump sum strategy, you cannot enter the market at every moment, as you can with DCA (Dollar-Cost Averaging). If you consider the lump sum strategy risky because of market volatility, you're completely wrong. The price difference between Bitcoin today and in 10 years might be huge. For this reason, a $10k or $15k volatility doesn't matter.

You may prefer DCA because you can determine the amount of your investment according to your capacity, enter the market at any moment, and by investing small amounts, you can also build a larger portfolio. Due to the simplicity and stress-free nature of the DCA strategy, it's definitely something you can prefer. Personally, I also prefer DCA, but that doesn't mean I try to disprove other methods. If you think DCA is only for those who don't have significant capital or the ability to buy in large quantities, you're wrong. Many large companies (like MicroStrategy, Tesla, Block, and others) that don't have a shortage of capital also prefer and use DCA. Especially for a newcomer, it's advisable to manage investments through DCA at first. After gaining experience, one can adopt other strategies based on their personal preference.

Lump-sum is  simply not for those without upfront capital, lump sum is definitely for those who have a significant amount of money available and can invest it all at once without impacting their cash flow. It can be a powerful strategy if you're in a good financial position. Lump sum shouldn't be seen as a risky way to invest but rather as an aggressive way to invest in Bitcoin. It allows you to capitalise on potential market growth right away, especially if you are confident in the long term potentials  of Bitcoin.

Know your capabilities during investment if you can lump-sum then it alright, but if you can't due limited capital DCA will be more suitable, by investing smaller amounts consistently. Understanding your financial capability and choosing the right strategy will help in your investment journey

This advice above applies mostly to a newbie who has little or no bitcoin, he should jump right in and start accumulating bitcoin Immediately. But A situation whereby someone has already acquired enough BTC and has either reached their accumulation target or be well off like 3/4 of it(For example someone who has the target of accumulating 12 BTC and has 9BTC already), that person can give him/herself the leverage to only acquire at dips provided he is still buying and not selling yet until his holding period elapses. Such a person is not a newbie anymore and understands the accumulation game properly and as such can be at liberty to employ whatever accumulation strategy that suits him to reach his accumulation target or continue accumulating past his target as the case may be.

He might choose to gather his funds supposed for DCA and be saving it separately in an account until the bear season when there is a reasonable dip and he pulls out the saved funds and lump sums to buy more stashes at reduced price and continue with saving his money for the next DIP. I think that's still reasonable enough to wait until when the market favours him to buy more at reduced prices.

even though buying using the DCA method or doing lump sum is still going to be in the same market, the opinion he shared is actually true because a lot of people prefer the DCA method to the lump sum approach because it gives them the chance of investing gradually and somehow reduces the risk of lump summing at a very high rate and having to wait too long before expecting some sort of returns since for the most part, a lot of them are short term investors.

your thought on the other hand is equally valid because the same risk that comes with lump sum also comes with the DCA method and if you really consider it, if you have the means to lump sum and you are able to do that, you save yourself from being bothered about staying disciplined in consistent buying while using the DCA method since you only have to make one purchase at a time. as long as you can work with that, you can just wait till you are able to do or just buy at whatever time you have the means of buying while being less bothered because you already have some amount of bitcoin stack you are holding.

comparing lump summing to the use of the DCA sometimes looks like one is looking for excuses to give as to why one is not investing because at the end, we all know what we have in our hands and knows what strategy is suitable for us. whatever strategy you are able to adopt that gives you the best amount of returns and helps you get to your investment goal faster enough, then it is only best to stick to it rather than looking out for an ideal strategy that doesnnt even exist.

That is the true nature of investor that never wants to miss chances as this kinds of investment been consistent and persistent in making use of this process of continuous buying using lumps and DCA, when dip and even at ATH always have deep balance in the market because it has become a habit of buy at any given time the course of looking at one particular strategy or even targeting a period will not move or affect such investor, this life style of buying both huge inform of lumps sum and  DCA is a good move both work perfectly well and stand a better chance of positioning such investor into loss free and reduce it's procrastinating of when to buy.

I agree with you that if you miss out a week from your regular DCA purchase, there's no need for regrets but look for a way how to make it double when next you have the funds to double it in order to cover up for the missed one. This is because sometimes our expenses are not always equal, it can be higher sometimes and lower sometimes. If you come across an increase in expenses that might devour almost your discretionary income, you can skip buying bitcoin that week and make it up whenever you have a low expenses week or month.

Sometimes, it might be that when you are expecting your income was delayed, that doesn't mean that you when it comes, you ignore buying double. I could remember when I got paid a week late than usual and I use weekly DCA to accumulate bitcoin. The next week that I got paid, I immediately bought double the amount I am supposed to have bought for that week to cover up the missed one. Everything is just you planning and figuring out things based on your own financial situation playing around you at that moment.

My friend was in a remote area without an internet and couldn't buy bitcoin for two weeks when he was over there. When he returned, he came to me and explained what happened, I only advised him to DCA for the weeks he couldn't have access to the internet and he was cool with the answer he got. He was lucky because he had the funds intact. You can also frontload your investment if you know such situation can play out and have the funds to frontload. This shows your commitment and sacrifice to be consitent and persistent to keep your bitcoin accumulation ongoing.

Buddy what matters is buying and not waiting for price dip of whatsoever or targeting the market when it favours individual investor, if you're financially capable of investing a huge amount once in Bitcoin then go ahead to do it but it doesn't stop you from doing the weekly or monthly DCA as you want but the major thing is as an investor that has the ability to invest in a lump sum at anything you have more chances of having a larger portfolio very fast while DCA will also be nice but your acumulation through this process is gradual and will only be bulky overtime although it depends on the amount you're DCAing with.
Buddy I want you to understand that most investors that buy with large amount at once also understand what it meant to accumulate with DCA method but the chose to buy like that for a reason, there reason may be as a result of not wanting to use the money for another thing if kept idle for a long time, many of these individuals still prcatice DCA method because buying in large sum doesn't stop anyone from continuously investing after all the amount being invested may not satisfy the investors level of satisfaction.

Yea most investors will prefer Bitcoin acumulation using DCA method but that's only when they don't have all it takes to buy with large amount, buddy both process are very good but it depends on what individual investor will be able to afford as far as such individual doesn't wait to buy at a perceived dip as they think.

If you are a consistent DCA method user, you will always want to keep buying Bitcoin no matter the current market price of Bitcoin, I do not know how some people run their own DCA but if you buy weekly and you happen to miss in some cases when you don't have the funds to buy you can decide to use a double of the amount you use to cover up the times you missed the previous week. You may not meet the price of Bitcoin the same way it was in the last time you missed out but being comfortable in your investment is the reason for choosing the DCA method cause you will always have a good reason to keep buying knowing that you have got nothing to lose if you are consistent with the method. Do not regret when you miss a few weeks just try to double the amount you buy the next week and keep accumulating as much as possible.

Perhaps they are gradually realising that more and more people now prefer holding their bitcoin in their personally wallets so they are also trying to create something that will make such people feel at home in keeping their money in what look like self-custodian wallets but may really not be it. As long as the wallet was created via the centralized exchanges, I will not be confident to trust it neither will I advise anyone to trust such wallets. The question to ask is what will be the gain of those CEX promoting such wallets through their platforms?

We should always remember the phrase " not your keys, not your coins" and like I said before, so long as the wallets are made through the CEX, I will never trust whatever private key they give.

Majority of investors prefer the DCA over the lump sum because it offers more good features, not waiting too long to gather capital before investing at once and it helps maximize profits. The DCA is very reliable for both the shrimps and whales, the shrimps don't need to wait for long to gather enough capital to invest at once but can invest in bits on different intervals, according to how their income permits them. For instance, big companies like BlackRock and MicroStrategy are capable of buying bulk bitcoin at once and hold for long-term (lump sum) but not every can do that and that's where the DCA plays a good role, like i said earlier, it offers not just shrimps but all class of investors the opportunity to buy Bitcoin in bits at different intervals, meaning that those who can't afford to buy bulk BTC at once or wait for a long period to gather capital and miss out on different accumulation opportunities would have the chances of accumulating as well through the DCA and maximize their profits and also recover loses during the dip periods. The DCA is a very reliable strategy for all classes of investors and that's why it's vastly preferred by Majority of investors compared to other strategies. However, that doesn't mean that other strategies are not useful too.

Most of the time I see new investors discussing that they think there is enough volatility in the Bitcoin market and that their money is at risk because of this volatility. If there was no volatility in the bitcoin market and if bitcoin was a stable coin, would investors have invested here? I put this question to those people who always complain about market volatility.

Whether an investor invests in the DCA investment strategy or invests in any of his own strategies, no one can guarantee that the investor will definitely make a profit after investing in this strategy. However, DCA investment strategy is considered to be a more effective investment strategy than all other investment strategies because this strategy has the opportunity to consistently invest as desired.  

After investing in this strategy, the investor may have to wait for a long time to see good amount of profit. Those who are investing in DCA strategy should assume that they are committed to long term investment and they should maintain investment consistency for a long period of time.

The first step in investing is to know about investing first and have a good understanding of what investing is. If a person has a good understanding of investing then his next step in investing is to choose the right coin to invest in. In this case, in choosing the right coin, the investor should look at a few things such as the popularity of this coin, or how the condition of this coin was in the past, how is the current condition, and how many people are trading in this coin every day. An investor can invest his money in that particular coin only after considering all these things about how this coin can go ahead.

I think one of the best coins to invest in is Bitcoin and most investors currently prefer Bitcoin to invest.
However, in investing in Bitcoin, investors are currently finding a particular strategy more effective and that investment strategy is DCA. Basically, in this investment method, any professional person or any low income person can invest from high income person and can maintain the continuity of investment as per their wish. Investing in this way gives investors the opportunity to invest as the market changes, thereby reducing the possibility of investors losing additional money.  

It is mainly for these reasons that this strategy is currently considered to be a very effective strategy.

Last time i check DCA and Lump sum is not in competition with each other. Both of them are good and preferred strategy to any investor. Do you know that Lump sum investing has outperformed DCA investing over 60% all time statically according to my research. Micro Strategy and other big tech firms are using Lump sum to buy and we get to see billions of dollars invested in Bitcoin. Same way people are much interested in DCA is the same way many are interested in Lump sum. Honestly, if an investors has enough capital and do not see any reason (risk tolerance, market fluctuation, low capital etc.) to DCA then he should Lump sum. DCA is usually a good strategy for those that don't have the capital upfront.

With of this being said. If after investing we are left with no money at all then Lump sum is not for such investor. We shouldn't invest in Bitcoin unless we have paid off all the high interest debt, cover all our monthly needs, have at least 3-6 months of fiat in an emergency fund to cover unexpected life expenses.

DCA increases our focus to keep buying, if we routinely buy every week then when we miss it once it feels like a regret and that's what can be said if DCA is comfortable then we will be more focused on accumulating bitcoin.

Believe me time flies so fast. The past two years were a beautiful time to remember, because there were many great opportunities that could be utilized, but this year too we must target every week to continue buying bitcoin.

Buying bitcoin is easy, but consistency is the best thing to achieve the perfect level throughout the accumulation we do.

DCA method is not only for long-term investment but also helps in accumulating more Bitcoins, it is a suitable method for long-term holding in all aspects, which is why DCA method plays the biggest role behind the holding of every investor. When you start holding Bitcoin and if it is every week or month then you will be busy raising money and will also get rid of extra expenses. For example, citizens of every country may keep money in their domestic bank but they get low interest, but Bitcoin is such a coin where if you deposit Bitcoin, you will be ready to get your maximum profit within a few days.
You should note that the history of Bitcoin price is right. Those who have invested in Bitcoin and have held their Bitcoin till now are present to get the maximum benefit of their Bitcoin. For this reason I say Bitcoin is the only trusted coin in which all people can be successful by investing in it in a long-term manner.

Talking about keys, I've seen the new trend of CEX like Binance,Butget and OKX incorporating seeming decentralized wallets into their deliverables and those wallets have keys, just like Reputable decentralized wallets too. I would love to warn anyone who surely loves his coins not to in any way preserve his coins in CEX wallets, Do not be deceived, they have control over your coins if you leave it in their wallets.

It is advisable to use Reputable ones which are open source like Electrum, Blue wallet e.tc to have more controls over your coins. Anything from CEX is not decentralized, no matter how they paint their story, BE WISE.

I will stop this well I will say something in my sanity actually you have not understood my point because of which you are call me wrong. If you see the question in my answer you might understand but I won't argue with you.  You have not allow in this thread that when it come to Bitcoin trading I will not go into it much and will definitely use the process you mention.



Everything you said is nothing far from the truth. The first thing a newbie in Bitcoin investment should do after understanding the basic steps of investment is to learn about how Bitcoin investment works. Any newcomer without little knowledge of Bitcoin (both the past and present events) will follow Bitcoin blindly just like he sees cryptocurrency. You can agree with me that most people join Bitcoin because they have tried cryptocurrency (shitcoins) for some years and have regretted wasting that entire time. They feel Bitcoin is a redemption for them. I cannot say it is too late but if they are not ready to learn the dos and don'ts, pros and cons then they are no different from the way they feel about cryptocurrency.
[/quote]I'm not going to argue with you on this either because it would take too long to understand and it would blur the distinction between big and small which would be unhelpful and I think I'm wrong.  With which I am not debating your honor.   Although I have an answer, I'm just not talking because of the rules of this thread and your bigotry, so I misunderstand what I said.

I do not know your reasons for joining this thread or accepting the investment in Bitcoin. I just want to let you know that your thoughts are misguided. If you start your Bitcoin investment with this same mentality you are bound to fail in it. Correct your ways and refrain from the wrong step.

1. Bitcoin can never be inherent in any cryptocurrencies.
2. A true Bitcoin investor does not care if any cryptocurrencies rise or fall whats important to them is their investment in Bitcoin
3. Bitcoin investment is not made for the weak or strong, intelligent or foolish it was set for everyone who is willing to learn and follow the right proceedings/strategy to invest and achieve success.

Let me stop here for now.


Everything you said is nothing far from the truth. The first thing a newbie in Bitcoin investment should do after understanding the basic steps of investment is to learn about how Bitcoin investment works. Any newcomer without little knowledge of Bitcoin (both the past and present events) will follow Bitcoin blindly just like he sees cryptocurrency. You can agree with me that most people join Bitcoin because they have tried cryptocurrency (shitcoins) for some years and have regretted wasting that entire time. They feel Bitcoin is a redemption for them. I cannot say it is too late but if they are not ready to learn the dos and don'ts, pros and cons then they are no different from the way they feel about cryptocurrency.

I totally agree to all what you said here, while the DCA accumulating strategy remains the best accumulating strategy, that doesn't make the lumps sum strategy bad, the most important thing is investing when the funds is available, and sticking to your investment without you tempering with it in the future.
Then as for the case of volatility, that's just one of the characteristics of Bitcoin, and we that are investors shouldn't be bothered about that, it's only traders that should be worried, we should not forget that we are all long term holder, so why would we be worried about short term volatility? That's the cup of tea for traders, not investors like us.

The truth is that if an investor see's lump very risky because of the volatility of bitcoin I don't think the DCA method of investing will be seen in a different way because these are different strategies of investing but the same market. I do not agree with you why you think people don't prefer lump strategies because of the volatility  of bitcoin,  even in the DCA method volatility still happens. People just prefer to use DCA because it is straightforward and stress free. The most important aspect using the DCA method to invest is that you can be very consistent with your investment because you are just investing with amount you can afford, it doesn't matter what the amount  is but the important thing is that one is investing with ease.

But to be frank, I'm not laughing if they're shitcoining or not shitcoining. I was merely saying that it would be laughable, personally for me, if their shitcoining investment strategy would include HODLing them for multiple cycles. The lesson I have learned the HARD WAY is to always denominate your capital in Bitcoin, and if your shitcoins are not making you more units in Bitcoin, then stop holding them.


In my personal opinion, everyone should be welcome to learn.