Topic: Buy the DIP, and HODL! - page 20. (Read 138547 times)

Keeping funds at hand to buy when the price of bitcoin dips is not lump sum but buying at the dip. Don't get it twisted, lump sum is when you have your bonus and use the money to buy bitcoin right aware regardless of the price of bitcoin. Like what you said there's nothing bad in splitting the funds in two or three parts, but if you don't buy right away with one part, you haven't lump sum.

Inasmuch as most investors that are financially capable may likely be nterested in buying Bitcoin at once than buying by parts I still believe there is still need to know the best strategies that will be more favourable because if one is equip with the right information it gives more confident and determination to make more significant investment.
DCA strategies is more leverage to accumulate Bitcoin and I think most investor will consider it more preferable.

Many of us should realize that lump sums can come available to poor people or to rich people even though it is more likely that rich people will have more opportunities to come across lump sums, and lump sums could come at the very beginning of investing or maybe they come available after a person had been investing for a while.  

I like to think about lump sums as amounts that tend to be outside of a person's normal cashflow, yet surely even a lot of variance in cashflow might cause some amounts of money to seem more like lump sum amounts rather than part of the normal cashflow amounts.  So we can be faced with dilemmas about if we should invest lump sums right away or if we might use some of  it for DCA and other for buying on dip and maybe even other for buttressing up reserve funds and/or even to build up emergency funds to a better level.

For example, a person might have an income of $25k, and maybe he had been investing $100 per week into bitcoin for a year, and that would be considered pretty aggressive investing to put right around 20% of his income into bitcoin, yet if that person got some kind of $5k bonus (or surprise amount of cash that suddenly was available), he may well consider himself to be quite fortune to come across an amount of money that equals his whole previous year of investing, so he could be faced some difficult decisions regarding how to spend the money, whether to invest right away, to use some for DCA or buying on dips and/or to buttress up his emergency funds and/or reserve funds.

There likely is no one correct answer to the question, except maybe to at least consider the categories and to decide how to apportion, including that he could decide to use all in one category rather than apportioning, and those are all considerations that any of us should be able to make, and we likely would be in a better position to decide once we have already put our bitcoin investment systems in place and after we had been practicing investing into bitcoin for a whole year prior to receiving the extra bonus money.

These kinds of lump sums can come to poor people or to rich people, and sure we likely realize that it is less common for poor people to come across such opportunities, but it is not out of the question that it could happen, even if the amounts might be smaller for poor people as compared with rich people, yet they still might be faced with some similar dilemmas regarding how to allocate it and if so whether into bitcoin.

You are repeating the same thing over and over again. Buying on Lump sum is not a do or die thing. Everyone should cut their coat according to their size. If you have to lump sum then do it if you don't have then go with DCA. Smaller investors should use a strategy that suits their financial capability and leave huge investors to lump sum.

Its called choosing a strategy because its by choice. All strategies are unique in their own kind of way and it is left for the investor to know which to choose. There is nothing like the best strategy. Don't forget even DCA you claim to be the best has its own flaws which is the slow aspect of accumulation. The rich people rarely see it as a preferred strategy because why should they wait for a long time before they can invest when they can quickly buy a whole Bitcoin or more with the money they have. Like i said its by choice depending on what they want. Even some rich investors will still choose to DCA instead of Lump sum because they want to accumulate gradually with less risk at the same time trying to understand the entire investment thing for a time before they can completely go all in.

In the meantime. Try reading your post again, it lacks clarity i barely could understand what you wrote. You might rather be contradicting yourself and misleading others once its not understandable.
You are repeating the same thing over and over again. Buying on Lump sum is not a do or die thing. Everyone should cut their coat according to their size. If you have to lump sum then do it if you don't have then go with DCA. Smaller investors should use a strategy that suits their financial capability and leave huge investors to lump sum.

Many times if someone is brand new to bitcoin and they have a lump sum that is of a considerable size (perhaps anything greater than $20k), they likely are already going to have had some practice with other investments, since it is not very common that folks are going to want keep very much money in cash, even though surely there could be some cash equivalent products that they might invest into, even bonds or interest bearing cash-like instruments.

And surely the kinds of an investments a person has and their investment experiences could affect whether and how they might get into bitcoin, and sometimes they still might want to be careful regarding how they might get out of some other investments (unless the investments are cash-like), and it is difficult to know in advance how they might want to ease out of one investment and into bitcoin, if that is how they choose to proceed.

  The dedicated trader I know who is regularly able to capture trades and walk away from it win or loss without being too caught up also rises at 4am every morning, watches the Japanese markets onwards for the best clue on how global sentiment is rebounding in markets that day.  Most of us lack both the clarity and dedication to really listen for the smallest clues how to proceed that day which might be completely different to the next.

Since you are new to bitcoin investment, it would be better for you to focus your attention more on the DCA strategy so that it will allow you to consistently accumulate bitcoin when your discretionary income is readily available since you are a low coiner. All bitcoin investment strategies are meant for both the poor and the rich. Even though you are accumulating bitcoin with the DCA strategy, if you can figure out at some point that your discretionary income will allow you to buy bitcoin with a lump sum strategy without you getting off the game partially or permanently, go ahead and do it since it will help to increase your bitcoin amount.

The very best traders it will give profits, dont doubt some people got magic in their finger tips.   We're talking a rarity though, assume its not you as most people should not expect to win trading.

   The dedicated trader I know who is regularly able to capture trades and walk away from it win or loss without being too caught up also rises at 4am every morning, watches the Japanese markets onwards for the best clue on how global sentiment is rebounding in markets that day.  Most of us lack both the clarity and dedication to really listen for the smallest clues how to proceed that day which might be completely different to the next.

The reason I caught this thread again to read is the basic premise is with us once again, dont forget the mantra hold whenever you can.   Times like this the grip can get tiring and we may slip  Markets want to test strength, its a positive eventually to have an active market even if that might be a lower price sometimes during a bull market.
  I think we are traversing a range mostly for now, now looking for a direction given beyond that bounce back and forth we've had many weeks now.

You are repeating the same thing over and over again. Buying on Lump sum is not a do or die thing. Everyone should cut their coat according to their size. If you have to lump sum then do it if you don't have then go with DCA. Smaller investors should use a strategy that suits their financial capability and leave huge investors to lump sum.

You just have to do your research and know the strategies of investing bitcoin,  you can know the best strategies that will suit you according to your income and how you can invest bitcoin with ease. But in all the DCA strategy of investing is still the best of buying bitcoin for all. DCA strategy is a method of buying that helps investors in making good plans of how to buy just according to what can be afford, with this investors won't find it difficult on how to buy bitcoin because their is already a plan on how much that will be spent in buying Bitcoin.

This is also a strategy that helps investors to be consistent in buying Bitcoin to accumulate good amount of Bitcoin, which I will also say that DCA method of investing encourages discipline in accumulating bitcoin and also encourages the mindset of longterm investment in bitcoin.

Inasmuch as most investors that are financially capable may likely be nterested in buying Bitcoin at once than buying by parts I still believe there is still need to know the best strategies that will be more favourable because if one is equip with the right information it gives more confident and determination to make more significant investment.
DCA strategies is more leverage to accumulate Bitcoin and I think most investor will consider it more preferable.