Topic: Buy the DIP, and HODL! - page 24. (Read 138580 times)

You are very wrong here, using lump sum to accumulate a huge amount of Bitcoin at once is not a bad strategy and will not affect your financial status except you don't have the financial strength to use the amount you used in accumulating it, there are some set of people they see DCA strategy as stress to them because of there busy schedule so they just buy at once and hold and I see nothing wrong with that, for example someone decides to use $2millon to $5million or even more to accumulate at once using the lump sum strategy and then hold it for 10 to 20 years, do you think he won't be successful in that his Bitcoin investment.
Some set of people in this thread only believe the best strategy for Bitcoin investment is DCA strategy forgetting that humans are different and that is how there financial strength, time and the rest is different what may go down well with you may not with someone else.
@sotelorene saying in his write up that buying Bitcoin at once may affect your financial status without proper explanation is missing leading, yes DCA strategy is good so also lump sum strategy, what matters is if such strategy will be comfortable for you.

If an investor have the financial leverage to buy a very huge chunk of Bitcoin at once, without it having a dent on his finance, it's not a wrong thing to do in my own understanding.
The most important thing is having the finance available to fend for your daily needs and an emergency funds to address any emergencies that may arise in the future, that's it.
Am saying so because I knew of someone that is a contractor, he only buy's when he hit a contract, not regularly but when the funds is available he buys, and he has been able to accumulate a good stash of Bitcoin with that.
The DCA accumulating strategy is mostly meant for those investors that have decretionary income coming in weekly or monthly and we all know that not everyone has the leverage of earning such way, but the most important thing in my own opinion here is buying Bitcoin and not tempering with it in the future

I will never advise you to use the footsteps you just explained in your post to invest in bitcoin because it simply means you are timing the market, which is not appropriate for someone who just started his or her bitcoin investment to adopt. As a newbie or someone who is new to bitcoin investment, you ought to be investing in bitcoin right away when your money is readily available and not trying to wait for the market to dump before you could buy bitcoin, which you are not even certain if the market will dump today or tomorrow. Don't be concerned about buying bitcoin in the dip since you are just starting your bitcoin investment because it will delay you from accumulating a reasonable amount of bitcoin. Concentrate more on buying bitcoin with the DCA strategy so that you will consistently be accumulating bitcoin no matter what the price of bitcoin could be, and it will allow you to take advantage of the market because if the price of bitcoin decreases, the DCA strategy will still allow you to accumulate bitcoin.

I think you are trying to make a  valid point but yet to clarify me more. However, an investor buying once is not actually a wrong way to invest so long as they have the mindset of holding for a long period of time but the question now is how much Bitcoin do you think an investor will buy once and hold for a long period of time. Perhaps, an investor who wants to buy once will be a lump sum method which  will either be a one third or one quarter of Bitcoin so that it will yield something in the future but buying this number of Bitcoin at once is not really advisable because it can have an effect in one's financial status, that is why it is advisable to buy little by little using the DCA method so that we don't feel the effect that much.

Actually if you check my statement I never said it is a must with DCA, but only advising that buying dip should not only be a priority but DCA and other form of investment being included is the best way of investment. So surely  I never disprove the fact that a personal objective in terms of investment should be discouraged, but as the thread is concerned no one is an island of Knowledge, people continue learning new things including twerking from one strategy to another, and of. Course that is why people grow in knowledge. And this thread is one of those that enlighten folks on the best way to invest and never have issues. Sometimes the way we present our matters surely makes it look like we have different motive but we are saying thesame thing. Sometimes a newbie may find it difficult to follow other strategy because they lack the information but have the discretion to have included other strategy. Sometimes they don't have money but want to learn some strategy Incase they have more discretion, so learning and being prepared ahead of time ios surely a good move for upcoming investor who want to learn.

Apart from the DCA, their are other strategies and it not a must for an Investor to implement it on their accumulation journey, just that it has good features that helps maximise profits and recover losses overtime that why it's the most talked about strategy and seen by the majority who's implemented the it on their accumulation journey as one of the best for Bitcoin accumulation if not the best. Majority of investors who started building their portfolio with other strategies like buying during the dip and doing the lump sum, tend to adopt this strategy immediately they gain knowledge about it, majority have tried and seen how beneficial it is when it comes to maximising profits and one good thing about it is that it gives room for both the whales and shrimps (rich and poor ) investors, its not something that's forced on investors to adopt but along the line, lost of investors after learning about it are convinced to adopt it to help Maximise profits.

You mentioned Must with DCA.

I think you are wrong, there is nothing that requires investors to apply their respective strategies.
They are interested in buying at once, it is not the wrong way, right?
Investors prefer to buy at once and save it.
Many also buy in stages with DCA but do not require all investors to apply DCA.

As long as you hold money, that's where the buying strategy lies.

Fair enough that largely you have been improving your bitcoin focus, and largely you have two years of such improved focus under your belt, and even though none of us (besides you) can really know the various ways in which you can increase your BTC accumulation aggressiveness, without over doing it, there should be a bit of a presumption that as you learn (and through two years of pretty solid experience), you are able to tweak your approach..

and so there are presumptions that you should be able to increase your aggressiveness, yet there also could be times in which you come to realize that you had been going too hard and too strong - and also recall that there is likely an over-representation of normies who consider themselves to be bitcoin investment geniuses (are you one of them?) since they get the false impression that they are smarter than they are, merely because there has been almost no way to fail in bitcoin in the last 2 years since the BTC price has pretty much continuously gone up during that time.

Each of us has to attempt to retain some level of humbleness in regards to realizing that we might not really know how aggressive that we should be and how much aggressiveness might be too much, especially since there likely could be a considerable amount of turbulence in 2025, including that we may or may not end up getting a blow off top in 2025.. yet we cannot even be sure about that.. so we have to try to protect ourselves no matter where we are at, and surely there has to be some level of good feelings that any of the guys in bitcoin are going to have if they had been employing relatively aggressive BTC accumulation in the past 2-ish to 3-ish years...and many of us surely start to feel good when we have on-paper profits in our bitcoin holdings and even a decent amount of cushion between our average cost per BTC and the current BTC prices....

Some guys will overreact and even end up screwing up based on their perceptions of the "right thing to do," and in the end, it can continue to be challenging to even get through a whole cycle of ongoing stacking and perhaps even also realizing that true levels of comfort may well not really start to materialize until 1.5 cycles or more.. of course, depending on circumstances, too... and no one is going to save any of us or feel sorry for any of us if we end up screwing up within our own figuring out of whether to be aggressive and/or how aggressive to be or if we might end up erroring on the side of being too aggressive, yet not realizing that we had gone too far (or we had not gone far enough) until after we had already screwed up.

I last accumulated gold in 2016 and after that I no longer do it. For now my focus is only on bitcoin and also planning to adjust a more aggressive budget this year, Yes this is the third year of routine bitcoin accumulation that I do 2023, 2024 and now 2025.

I want to cash in a little idea, which I might plan in Q2 this year in a tiered accumulation that I will continue to align for Q3 and Q4 this year. What I mean is, I will increase purchases in each Quarter with a different budget or rather act more aggressively in each Quarter.
on the one hand, I will sell some gold or slowly to support my planning to be able to buy bitcoin more aggressively in each Quarter.

As you said earlier, the level of investment years each year would be better to act more aggressively to buy bitcoin, but I will do it every Quarter more aggressively and yes DCA still works as it should.

I also think that such adjustments will be faster for me to reach the accumulation target or reach the target in a faster time. I think some other things are still being considered before I start in Q2.

Buying at the dip is not for a brand new investor who haven't accumulated up to 60% of his portfolio and above, if not you are only wasting your time and not investing because in bitcoin investment is what you put in that will determine your returns in future and how long you have hodli. It's good that maybe, after one circle of your regular DCA weekly purchase or monthly, you reassess yourself to see if you are adjust your DCA strategy or use other method to continue investing, because the most important thing is for your to keep your bitcoin investment ongoing with persistent and consistent so that you can reach your target or close to your target.

Surely Investing in Bitcoin should be done through DCA to enable you invest regularly without considering the bear market or bulll run. Saying that you will buy Bitcoin only when the market worsen, is not a good way or method of buying Bitcoin. Of course it is good to buy Bitcoin more when the market dips, but shouldn't be what we only think and hope for , but should be a second option from the DCA. That is why it is advised that we should  have a discretion income to be able to buy Bitcoin through DCA or buying on dip and or lump sum. So that we dont only consider buying the dip method as the only priority.

I hope you will be able to detect between corrections and the early part of the bear season when it happens. You might be expecting a continuous DIP to happen meanwhile the market is just getting ready by taking a back step correcting to move further price marks. No one here will be forcing you to go aside what you plan to step into your investment but ideally everyone always has generous ideas to share that will improve your set of investment. You can't wait too long predicting on several dips and corrections happening in the market, DCA can be implemented with purchasing heavily during the DIP, this combination of both strategies can imply a better portfolio than just depending on taking only the DIP.

How sure can you tell which DIP is worsens than the other?

How do you convince yourself that the market is about undergoing corrections and not DIP?

It is only when the investor doesn't understand How bitcoin works , because if such individual really knows how bitcoin work he or she won't let greed get the best of them that easily, i know most folks want to make it fast in anything they do , but as an investor it should comes to your knowledge that most successful investment are usually long-term investment, and this is where principles comes in .

At first one can have the greedy mindset of getting rich quick in bitcoin investment, but as time goes as they continue with their bitcoin buying they will began to see the beauty of investing in bitcoin, and began to understand it more , I know of someone whose initial goal was to sell his bitcoin at the price range of $100k but as time goes , he had a changed of mind that he will keep buying and holding for long , because he now believed that bitcoin ain't like other coin and it's a token full with potential.

This is not the ideal strategy to buy Bitcoin in my own opinion because you have to wait for the dip before making a purchase, which is wrong, because by so doing, you may miss a whole lot of buying opportunities thinking that the price may go deeper, so it's very important and necessary to buy it through the DCA accumulating strategy which you will buy at every price interval and even the lowest part of the dip that someone buying only the dip might miss thinking that it might go deeper, so my brother, now is the best time to invest in Bitcoin because it's still very cheap comparing to how much it's going to be in the future.

I doubt if the real problem some people are facing in this discussion is the topic of this thread. There's always a saying that we shouldn't judge a book by it cover and same thing should be applicable here, you don't judge the thread because of the topic perhaps one should read and understand what this discussion is all about anyone who who's problem is coming from the topic of this thread to me I will say the person lacks knowledge because all we are discussing here is how to accumulate Bitcoin using the best strategy ( DCA)  and to hold for a long period of time and also take advantage of the Dip if we have the capacity to...

Investors gradually and regularly increase their capital by buying Bitcoin, so that they can create a long-term investment that is not affected by market fluctuations. This is especially effective when there is volatility in the market, as it helps to reduce the average value of the investment over time. In this, we can see that a secure future is established through DCA.

Those who evaluate Bitcoin positively should continue to save and consider it as a safe source for the future. It is essential for all of us investors to evaluate Bitcoin and have faith in saving.

When the Bitcoin market is down, it can be a great time to buy. Investors can easily learn that there is a greater chance of profit in a bear market if they have a long-term perspective. but, since we do not understand the Bitcoin market in advance, we should continue to invest in both types of markets. Instead of becoming a trader who is greedy for high profits in the short term, we should build our future through long-term investments.

No matter how volatile the market is or how bearish the season is, it is important to focus on buying and holding Bitcoin with concentration, with the right perspective and plan.

By buying Bitcoin in the deep season, A investor can collect more Bitcoin at a lower price, which is more profitable later in the bull season, and everyone wants to buy bitcoin in the DIP.

But for example, does anyone know that, when this DIP season will come? The answer is No! . So what faith does an investor have in waiting for DIP ? Is there a DIP coming up? How does he know that DIP will happen tomorrow or next week or next mounth? Those who wait for DIP, they only miss the opportunity, that's it.

Such investors only wait for the deep season, and on the other hand, Bitcoin continues to be valuable in an upward trend, so the person who waiting for that DIP, he just misses the opportunity of the upward market.

Therefore, investing regularly and holding it for the long term is the most correct strategy, and for this, DCA should be used, No need to worry about market conditions, invest a certain amount of money regularly according to your income, and keep a reserve fund ready. In this way, when the market goes down / Dump, you can use that reserve fund to buy more Bitcoins and when the market goes up, your profit will increase. And keep it uninterrupted for 8 to 10 years, as a result, an investor can be very profitable.

However, an emergency fund should also be kept ready, because this will not hinder an investor in that investment and holding process.

I advise novice investors to invest with a long-term plan and consider a disciplined, systematic approach such as DCA (Dollar-Cost Averaging) in the early stages, alongside having a reliable or alternative source of income. This could be sufficient advice for a beginner.

For the second stage, I recommend gaining knowledge about investing and Bitcoin, as well as providing some ideas regarding backup funds. Beyond that, I prefer to leave the next steps and personal independence to the individual (while offering support in critical moments).

Once the individual starts investing with basic knowledge and steps, they can easily become aware of the strategies through continued learning. They might need assistance as a beginner, but over time they will learn the strategies and be able to apply them in practice. An advisor should provide guidance that allows an investor to become self-regulated. Advise them to gain knowledge about the strategies, assist in learning when necessary, and ensure they are on the right track or making mistakes.

I do not support advising a novice investor on tempting strategies. For an inexperienced investor, taking aggressive actions when the value drops could negatively impact them. However, once they acquire knowledge and understand how to take aggressive actions during a downturn, it may not be negative for them. I believe that for a beginner, providing advice on basic knowledge and learning is the best approach.

This investment strategy of yours is not correct at all. You should keep in mind that there is no particular time to buy Bitcoin. If one uses the Dollar Cost Averaging method to invest then one can easily buy Bitcoins during dip season and bull season, That means one can buy bitcoins very easily in both seasons. Dip time in the market is the best opportunity to buy bitcoin at low price even during dip time you can buy more amount of bitcoin which will be more profitable for you later during bullish season.

The only benefit of investing during the dip season is that you can buy more bitcoins at a lower price, but those who just wait for the dip period may miss out on their investment. So buy bitcoins regularly and hold your investment for long term.

The more you ask a new investor to deposit Bitcoin and mention the benefits, the more greed will be created in that investor. Later, he may give up his investment, that is why I say that depositing Bitcoin is the best and it is natural to be profitable if you deposit it in a long-term manner. Therefore, in the beginning, the investor should not be shown the greed of benefits, it is most appropriate to advise how an investor will hold Bitcoin in a long-term manner.
Because first, holding and then reminding him of the strategies on how to sustain his investment for a long time, Bitcoin is not 10 years and more, the more his investment will be successful in the long term. The patience of investment is the only main tool to reach the peak of success.