Topic: Buy the DIP, and HODL! - page 21. (Read 138583 times)

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.

With all due respect sir, your trading lecture is not appreciated here, it will be best if you take it to somewhere it will be much appreciated. Majority of us here have no idea of what you talking about and we don't even want to know. Why will I venture into something that will give me sleepless night? What happens to those that can't wake up by 4 am to catch clues? That means they are going to lose their hard earned money that day right? This is why people here are not encouraged to venture into that aspect. In long term investment you won't need all the waking up to catch any clue. Do you know how hard it is to be waking up every 4 a.m after having a busy day at work? Why put yourself through such stress? Well I know there is nothing I will say that will make you change your mind about trading, but you don't need to be discussing it here. It won't be appreciated.

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.

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.

You need to adjust to what you are saying.
You prefer to be a trader for the rest of your life if I look closely at your post, that's a big mistake my friend, trading won't make you a millionaire if you can't Hold.

Here we prefer to hold rather than trade, buy aggressively and also learn properly so that bitcoin investment can be run every week with DCA.
You need a good approach to holding bitcoin for your old age.

I believe that smaller investor you mean are those that don't have a larger amount to accumulate with the lump sum strategy I don't think there is anything such as smaller or huge investor people can accumulate bitcoin according to the level of their discretionary income but why the DCA strategy is mostly adopted is that it gives investor the opportunity to accumulate Bitcoin gradually increasing their bitcoin stack either weekly or monthly and also choose to lump sum if the money is there investor who don't have money to lump sum can also use the lump sum strategy if probably he won a lottery or got an extra income from place of work may also decide to lump sum and still be doing the DCA strategy also, so the lump sum strategy is not only for the rich investors.

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.

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.

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.

I am not ignorant that others strategies is good based on choice of individual or investor but emphasize most on one that can accommodate all kind of investor without putting phobia before the investor. For instance using our domestic market to explain to a layman if I want to buy something like smart phone which I can't afford the money at once or even if I will if my source to avoid it is not enough it will make me to have a rethink of buying it no matter the value  but where I have an option of paying installmentally, I will be eager to rush in buying it this are the perspective I see lumps sum to DCA as this DCA serve to be more easier and reduce phobia to whoever that may not lumps sum due to how it's financial credibility could be.

Well I stand to be corrected but view your understanding over my post as misconception on discribing the lumps sum, there smaller investor who can't buy at once because they consider the lumps sum as huge investment in trying to buy once but using the DCA where one can buy gradually even with smaller amount depending on the individual ability make it more easier,

Why would you stress yourself that much for little profit with no rest of mind and peace. When you can just buy and hodli for long with ease. No matter how magical the trader fingers are, he will run at loss in the long run, and will be a loser because he will be a low coiner or no coiner in future when investors are reaping the profit from their bitcoin portfolio, because the price of bitcoin will be very high.

Investing is the best way to go about with your bitcoin involvement because bitcoin will be scarce in future and very expensive. This why you a new investor should only buy bitcoin and build his portfolio to a certain level for future sake, because bitcoin is still in her maturing stage. DCA strategy is gives you the room to buy bitcoin regularly every week irrespective of the price of bitcoin and if you do this for 4-10 years and above, you will be far ahead of those who are gambling in the name of trading. We should always plan for the future with what we have today and not waste what we have today to suffer in future.

I have seen many people who want to invest in Bitcoin but they are afraid of how they will compensate if they go into loss. Although this is a silly question and it should be because it is new people who are afraid to invest in Bitcoin. These are people who don't have money they will tell everything and those who have will mention their household expenses when they are not seen. Usury and these other things are forbidden and it is better to manage the expenses of the house by doing hard work.

Yes, if his investment is high and his variety is also high, then he must invest in bitcoin because if he spends money in it once, he has many investment varieties 10 bitcoin profit will be given. He can earn money with peace of mind and will not care about other tasks. Such people run after little money, they have no intelligence, because of which they do not have the courage to do any great work, that is why they live a middle life in the world.


If we want to understand Bitcoin anew it is our duty to understand them. If they know about Bitcoin they want to know how to trade in it then it is also our duty to explain it to them properly. Because this will give us a commission gain but the next loss will be 100k$ which is the current price of Bitcoin. So for that they start with small coin first which won't make any difference if they lose.

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.

I really cannot tell you what you should do or what the BTC price might do in the next 2 years to get you through your whole first cycle of relative aggressive ongoing, consistent and persistent BTC accumulation.  Sometimes if we try to take short-cuts or we might employ a waiting strategy, then we might not yet be quite ready for such an approach.. . which I would think that tentatively, it would be better to continue to buy on the whole way up through whatever might come in the year or two, and then if we get a correction, continue buying on the way down, and at a certain point after buying on the way down, and if the BTC price is returning up, your BTC stash and your own particulars might help to more better inform you how to proceed from that point.. and whether you have enough BTC yet or not.

Another reason that is it is difficult is that if we are going to deviate from ongoing accumulation of BTC, then it seems to me that we need to reach a point of sufficient (or more than sufficient - which is even better) accumulation. .which it seems to me that if you do not know that you have reached over accumulation, then you probably have not yet reached it.. which likely continues to justify ongoing buying until it becomes clear to you that you have more than enough.

You know that it takes normal people 25-40 years or beyond to reach a status of adequate investment into whatever they are investing into, so if you can reach such status in bitcoin in less than 10 years, you are doing extremely well.. and if you don't exactly want to discuss your own particulars, then you might want to present a hypothetical person who has been accumulating a similar amount of time, and even compare such person to other hypothetical persons, and I bet that your process of plotting out such comparisons is going to help you to answer the question for yourself without any major input from any other forum member,, whether this here cat or anyone else, even though I am more than willing to look at you projection of hypothetical peeps.. perhaps show 2-3 timelines and show 2-3 levels of aggressiveness, and we are not necessarily going to know which one of the hypothetical peeps most resembles your own situation - unless you tell us, which is quite likely not necessary.

I have made similar presentations of comparative hypothetical persons in the past, so you can even use my earlier examples as a way to plug in more contemporary examples of recent BTC price performance that might help to flesh out some different (yet similar) parameters.  When we look at comparative examples, it is not always completely clear if the person has reached his status yet or not. but at the same time, looking at the comparative examples, it does tend to make it more clear what the trade-offs might be in regards to a guy assessing that "he has made it to such status of overaccumulation" or not.

Earlier (it may not have been in this thread), I had given an example of a guy who currently considers that right now 21 BTC would be enough or more than enough BTC, and so one example was a guy who had accumulated 66% more BTC, right around 35 BTC, and the other example was a guy who had ONLY accumulated 7 BTC, and so my assessment was that the guy with 7 BTC would be at a similar status as the guy with 21 BTC after 4 more years, so it is not like he needs to get to 21 BTC in order to reach the same status as the guy who currently has 21 BTC, since the passage of time, even if he does not contribute towards his accumulating more BTC, with his already having had achieve 7 BTC, even if he did nothing besides hang onto his current 7 BTC stash, he will still be at a very similar level of wealth as the guy with 21 BTC right now...so sometimes, we just have to figure out the numbers and then project the time and then try to put them together to get some projected ideas that might not be 100% accurate, but will still get us in the ballpark of decently accurate ideas of where we are at, where we are going to want to go and how we might get there.

If we want to understand Bitcoin anew it is our duty to understand them. If they know about Bitcoin they want to know how to trade in it then it is also our duty to explain it to them properly. Because this will give us a commission gain but the next loss will be 100k$ which is the current price of Bitcoin. So for that they start with small coin first which won't make any difference if they lose.

If we want to understand Bitcoin anew it is our duty to understand them. If they know about Bitcoin they want to know how to trade in it then it is also our duty to explain it to them properly. Because this will give us a commission gain but the next loss will be 100k$ which is the current price of Bitcoin. So for that they start with small coin first which won't make any difference if they lose.

Of course, lump sum doesn't really mean a big amount of money its just buying all in one strategy, which a poor bitcoin investor can also do if he has extra cash from work or as bonus since he doesn't have any plan for the money. It's just that it is good that brand new investor keep his bitcoin investment ongoing overtime so that he can be building and growing his portfolio bit by bit and that's where the DCA strategy comes to play because it's flexible enough for anyone to accumulate easily and it disciplines the investor on how to manage his finances properly.

No method is not helpful or bad but it depends on the strength of your cash inflow, the level of your bitcoin portfolio and how long you have being accumulating bitcoin. However, using all three strategies is good but you need to know prepare for it and know the right to use them to avoid miscalculation that will lead to reducing the size of your bitcoin portfolio. Because that's the most important thing when building your bitcoin portfolio only to keep adding without reduction

You are getting the concept of the DCA strategy and emergency fund wrong. An emergency fund is not a strategy for accumulating bitcoin; it is the money you set aside when you are investing in bitcoin that will help you to solve your unforeseen problems anytime they arise. For instance, if you are investing in bitcoin and suddenly your car broke down, you will use your emergency fund to fix or repair your car since it is an unexpected problem and it's part of your daily expenses. You are wrong. If you are using the DCA strategy to accumulate bitcoin, you can only fail in your investment if you use all your money to invest in bitcoin or if you use the money that is meant to solve your daily expenses and invest in bitcoin, and your daily expenses arise, you have no choice but to depend on your bitcoin investment to survive.

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.

Even if they are new to bitcoin, we might not want to presume that they don't know anything about bitcoin, to the extent that their knowledge of bitcoin as compared to their knowledge of other places that they might have (or they might consider putting their value) might affect whether and if so how to get into bitcoin