Hey all,
I started my dca journey back in 2021, to see the price today of 50k is just amazing. I have never had any investment increase in value so much in such a short amount of time. We are not done here either, that means keeping doing your dca even tho we are at a yearly ath. Keep calm and dca on!
Have fun,
Greyhats
@jjg I went back and looked at our dms in dec 2021, your advice then is the same as your advice now. I’m really glad I listened, learned and figured it out. Thank you!
Topic: Buy the DIP, and HODL! - page 306. (Read 123703 times)
The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.
We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum. Last year when I came into this forum i knew nothing about DCA method and other accumulating of Bitcoin strategy, because I am more into trading, it's a craft I have learned over the years, so my experience here have really been beneficial to me, and I also believe that most newbies like me have benefited from the forum also, so to me it's very good that the forum is open to everyone, even though we have newbies with wrong intentions, but to me I see this forum as a source of knowledge to those who are in need of it.
It is good to know about your background, yet as you likely realize, this thread is not about trading, and so no one is stopping you from participating in this thread, except if you try to pump trading and talk about trading in this thread,, you are likely to get some pushback, including that guys may well tell you to take your off-topicness to another thread in which you would be on topic. There are forum threads that talk about trading, and if you want, you can even create your own trading thread..
After a long time the price of Bitcoin crossed 50000 dollars. This is definitely good news for every investor. But there are some people who are a bit regretful to see that Bitcoin price has touched $50,000 because they missed the investment opportunity even though they planned to invest. Those investors basically missed the opportunity as they waited for negative change after every positive change in Bitcoin but after some negative change they waited for more negative change but the market did not change as they wanted and the market moved forward at its own pace.
The Bitcoin market dropped to $38,000 and did not take long to touch $38,000 to $50,000. If those who had planned to invest could have invested in a few steps but now they would have made a lot of profit but they are only waiting for negative changes in the market due to which their investment was not completed.
I have been holding my investment for a long time and this is the highest price Bitcoin has touched since I invested so it can be assumed that I am currently profiting enough from my investment. I have more faith in the market so I will go longer with my investment. DCA investment strategy has really changed my way of thinking about investing, so far the best strategy for investing is DCA investment strategy.
As before, many may be planning to invest, but currently the price of Bitcoin is at its highest level, so many may think as before that they will invest when the market goes down again. I would say to all those investors that you start investing at any time of the market without waiting so much and continue to increase your investment according to the DCA investment strategy by relying on your investment. I hope you will be satisfied with your investment like me.
Yes, every new user can find out more information about Bitcoin here and those who have joined this forum for a long time and left this forum and in the last few months have returned to look for various information about Bitcoin because they have realized the benefits that may be obtained in the next few months. We also have to be patient with the rankings we will get on this forum and this continues to motivate every beginner who has just joined this forum to provide quality posts here.
An experienced investor learns something from a new investor. No one's learning is self sufficient, I think everyone in this forum learns something from everyone. The posts that are made in this section are not only to help newbies but also experienced investors get a lot of help from here. Very few investors knew about DCA investment strategy but hopefully all the investors in this section experienced and new and old investors are now well aware about DCA investment strategy. Not only do they know about DCA strategy but they now invest considering DCA investment strategy as the best investment strategy. Yes there are some new investors who have some wrong idea about investment, they will surely change their idea if they are active in this section regularly and start investing with right idea.
The Bitcoin market dropped to $38,000 and did not take long to touch $38,000 to $50,000. If those who had planned to invest could have invested in a few steps but now they would have made a lot of profit but they are only waiting for negative changes in the market due to which their investment was not completed.
I have been holding my investment for a long time and this is the highest price Bitcoin has touched since I invested so it can be assumed that I am currently profiting enough from my investment. I have more faith in the market so I will go longer with my investment. DCA investment strategy has really changed my way of thinking about investing, so far the best strategy for investing is DCA investment strategy.
As before, many may be planning to invest, but currently the price of Bitcoin is at its highest level, so many may think as before that they will invest when the market goes down again. I would say to all those investors that you start investing at any time of the market without waiting so much and continue to increase your investment according to the DCA investment strategy by relying on your investment. I hope you will be satisfied with your investment like me.
The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.
We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum. The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.
We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum. 
[edited out]
As a newbie I have been thinking about the powerful thread in the meantime taken a chance how to write me.One of the trader who trade in business place for the best return basically his expectation 50% or 100% or also more how much become he more delightful.
As a assumption the price of cryptocurrency 2030 maybe 543K which price by today is 48k.
Why late! if you have enough money to invest! You must buy today last week its price was 43k.
We are not talking about cryptocurrencies or shitcoins in this thread.
If you meant to say bitcoin, then why didn't you use the word bitcoin?
There is a very big difference between bitcoin and shitcoins, one which I love some much is the fact that Bitcoin is a paradigm, it's the first of its kind which brought about the existence of every other coins (shitcoin) the earlier people begin to look at Bitcoin as a paradigm shift the better they will start understanding the whole concept.
It's one of a kind and shouldn't by any means be intertwined or interchanged for any shitcoin not even to be compared.
In relation to this thread, it's solely a Bitcoin discussion and the only few times shitcoins are being mentioned isa for illustration purposes.
I don't see any reason why someone would be talking about bitcoin and referring to crypto currency, on this thread we are talking about bitcoin investment alone and if you want to say something, say bitcoin and don't bit around the Bush as if what we speak of bitcoin applies to all crypto currencies like shitcoin. So please use the right word next time.
@Churchillvv have given a good difference between bitcoin and shitcoin but let me add a little to that. Apart from bitcoin beign a paradigm, bitcoin has proved itself as an asset worth investing in, and bitcoin is built in a way that as I people continue to hold it, it would continue to gain value because unlike our normal fait currency that is beign printed out everyday, bitcoin has a max supply of 21 million and I can't exceed that amount, hence it would continue to gain value.
And think for yourself 21 million coins for 8 billion persons in the world, Don’t you think you should also be a holder.
The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.
We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum. Last year when I came into this forum i knew nothing about DCA method and other accumulating of Bitcoin strategy, because I am more into trading, it's a craft I have learned over the years, so my experience here have really been beneficial to me, and I also believe that most newbies like me have benefited from the forum also, so to me it's very good that the forum is open to everyone, even though we have newbies with wrong intentions, but to me I see this forum as a source of knowledge to those who are in need of it.
And most of them are just here to fill in the gap, they won't practice anything and some are here to argue that what they know is better than what is beign taught here, nothing to argue about who is right or wrong, but at least most of us have actually practiced some things we are saying and that is more than good enough.
If everyone can actually learn something from this thread then I guess it would be worth their time
The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.
We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum. Last year when I came into this forum i knew nothing about DCA method and other accumulating of Bitcoin strategy, because I am more into trading, it's a craft I have learned over the years, so my experience here have really been beneficial to me, and I also believe that most newbies like me have benefited from the forum also, so to me it's very good that the forum is open to everyone, even though we have newbies with wrong intentions, but to me I see this forum as a source of knowledge to those who are in need of it.
[edited out]
As a newbie I have been thinking about the powerful thread in the meantime taken a chance how to write me.One of the trader who trade in business place for the best return basically his expectation 50% or 100% or also more how much become he more delightful.
As a assumption the price of cryptocurrency 2030 maybe 543K which price by today is 48k.
Why late! if you have enough money to invest! You must buy today last week its price was 43k.
We are not talking about cryptocurrencies or shitcoins in this thread.
If you meant to say bitcoin, then why didn't you use the word bitcoin?
There is a very big difference between bitcoin and shitcoins, one which I love some much is the fact that Bitcoin is a paradigm, it's the first of its kind which brought about the existence of every other coins (shitcoin) the earlier people begin to look at Bitcoin as a paradigm shift the better they will start understanding the whole concept.
It's one of a kind and shouldn't by any means be intertwined or interchanged for any shitcoin not even to be compared.
In relation to this thread, it's solely a Bitcoin discussion and the only few times shitcoins are being mentioned isa for illustration purposes.
The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication. Life is a learning process and when you grow in age without growing in thinking, itbkeeps you stagnated and when you get credit for it people thinks you are a kind of genius not knowing it's just understanding what you truely doing.
We shouldn't be surprised when we see newbies coming up in the forum and this thread. It simply shows one that and that's growth and wild adoption of bitcoin by more people. This forum was designed to accommodate new users. It won't be making much sense if from year to year we are not seeing new people join the forum and we continually see same old accounts. Some newbies are knowledgeable people and they can make meaningful contribution here that can also benefit others and within a short while they will be established in this forum. It takes someone that is intellectually sound to survive and rank up in this forum. Yes, people to think about bitcoin as a ponzi, and they don't really tend to understand what bitcoin is.. and I still see no reason to get worked up at the term investment, especially since a lot of people also don't know how to use the term investment in relation to bitcoin because they may well be thinking about their "investment" into bitcoin as a means to get short-term profits in dollars, which is probably more like trading and gambling than investing, so in that regard they are considering bitcoin differently and don't really understand long term investing, even though technically they are still investing, but just not in the sense that many longer term bitcoiners understand the term investing when it comes to bitcoin.
That's a very nice clarification @JayJuanGee because not everybody that thinks or believe that they are actually investing on Bitcoin is true because there is no way we can classify investment on Bitcoin for a long term and those that invest with a short-term profits making, however funny enough most of them have the mindset that weather short-term or long term that they are all investment without knowing that there is a big difference from the two, although i wouldn't blame them because they have no knowledge about what Bitcoin investment is all about, perhaps just like you mentioned is only those who have been into Bitcoin investment earlier will actually understand what type of investment should be regarded as a true investment. There are probably some folks who come to bitcoin and seem to understand it right away.. yet they are still fairly long and far between those kinds of folks.
Even Michael Saylor, who seemed to have been a quick study when he came to bitcoin in mid-2020 (even though there was some evidence of his commenting negatively about bitcoin in 2013 or 2014), and understood bitcoin pretty damned well (even better than a lot of bitcoin long-timers), he has had his learning journey that has been more honed by his participation in bitcoin, and it is ONLY going to be this year that Saylor will be coming upon one whole cycle of his being involved in BTC investing.
The most important thing to profit from investing in Bitcoin is, patience and holding. Investing in Bitcoin can be successful if you are patient and hold it for a long period of time. Some people who first invested in Bitcoin and Stop holding for lost patience in fear of Bitcoin's price, rise will now understand, and regret it greatly.
~Snip
In general, I really agree with your opinion. Because it is true, people who are truly enthusiastic and continue to be diligent in the field of bitcoin investment will definitely achieve very satisfying success. Because with a lot of patience and perseverance, even if it's not in the bitcoin investment field, usually always find success. But it needs to be underlined, that great patience and high persistence when investing in bitcoin, will be had when all factors have been completely implemented. And these factors include:~Snip
Intention.
By having the right intentions and the prospects have been carefully planned, I am sure and I have experienced that the feeling of patience in waiting for the money invested in Bitcoin will be greater.
The second is science.
Of course, many bitcoin investors already know about this second factor. But quite a few people underestimate this factor. As is the case with bitcoin investment, many people, especially beginners, always think that investing in bitcoin is a scheme to get rich quickly. This assumption clearly cannot be justified 100%, because even in Bitcoin investment, if the situation changes 90 degrees (bad), it could become a quick-to-get-poor scheme. Because in Bitcoin investment there will always be a risk of loss and this cannot be eliminated, but can only be avoided. And the way to avoid this is by studying Bitcoin more maturely.
The third factor is capital.
This factor is very crucial if not understood properly. Because currently there are many investors who are pushing themselves too hard to invest in Bitcoin using capital from loans. For me personally, this really should be avoided. Because if this is done in bitcoin investment, the risks that can be obtained are many times greater. So it's better to invest with a cold usng, whatever it is. And not just because you want to pursue bigger profits, but in a very forceful way.
Then lastly, always take care of your emotions or mentality. Because with a high mentality, investing in bitcoin will definitely make you stronger as a true HODLer.
So if all these factors have been carried out well, then when we go through the process of patiently waiting for our Bitcoin investment, it will definitely feel easier.
Let's get this right because it seems everyone seems to be advocating that the DCA method is the best. I know the methord is very popular and most people that might have practiced it in the past might have hard positive result from it but what about a situation that someone has enough money and monitors the price of bitcoin and when it gets bearish to a particular range of value he buys it and does that continually for the particular number of
year.
I have been practicing DCA for almost two years and now feel a pretty good profit in the portfolio but I will not sell sooner because I will continue to accumulate in this way DCA is the best way where collecting bitcoin does not have to be difficult in the sense that within $50/week it is more than enough.year.
Those who have enough funds to buy all at once during the bearish time it is better their budget is big enough then they can afford to do that, but for me it will not be able to afford it so I jumped to the DCA strategy which I am more able to do all the time and the expenditure and income to bitcoin is much more stable and that is why many people practice DCA.
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What is the actual importance of Bitcoin? If we merely talk about it as something that "will make people gain more from their investment", especially people who have yet to actually learn anything about it, it might sound like a Ponzi to those people, no?Yes, people to think about bitcoin as a ponzi, and they don't really tend to understand what bitcoin is.. and I still see no reason to get worked up at the term investment, especially since a lot of people also don't know how to use the term investment in relation to bitcoin because they may well be thinking about their "investment" into bitcoin as a means to get short-term profits in dollars, which is probably more like trading and gambling than investing, so in that regard they are considering bitcoin differently and don't really understand long term investing, even though technically they are still investing, but just not in the sense that many longer term bitcoiners understand the term investing when it comes to bitcoin.
The psychological impact of making a large purchase all at once versus employing a DCA strategy can indeed influence one's perception and decision making process. When purchasing everything at once there a sense of commitment and finality which may lead to feelings of regret or doubt if market conditions change suddenly.
On the other hand DCA spread out the investment over time reducing the immediate impact of market fluctuations and potentially alleviating regret if prices drop shortly after the initial purchase. This approach can provide a sense of security and discipline as it minimizes the risk of making a significant investment at an inopportune moment.
Both strategies can lead to profits over time provided that the investor has the patience and commitment to hold onto their investments through market fluctuations. The key lies in maintaining a long term perspective and staying focused on one investment goals rather than becoming overly influenced by short term market movements or past decisions.
The most important thing to profit from investing in Bitcoin is, patience and holding. Investing in Bitcoin can be successful if you are patient and hold it for a long period of time. Some people who first invested in Bitcoin and Stop holding for lost patience in fear of Bitcoin's price, rise will now understand, and regret it greatly. Because the price of bitcoin is now around 50k over 49k, if they had been holding bitcoin since then they would have got a lot of return by now. But the past is past, now they should start investing in DCA method from now, instead of worrying about the past. Or they can make one big purchase at once if they want. But the only aim should be, long term holding, holding and holding. Only then can they achieve success. On the other hand DCA spread out the investment over time reducing the immediate impact of market fluctuations and potentially alleviating regret if prices drop shortly after the initial purchase. This approach can provide a sense of security and discipline as it minimizes the risk of making a significant investment at an inopportune moment.
Both strategies can lead to profits over time provided that the investor has the patience and commitment to hold onto their investments through market fluctuations. The key lies in maintaining a long term perspective and staying focused on one investment goals rather than becoming overly influenced by short term market movements or past decisions.
[edited out]
As a newbie I have been thinking about the powerful thread in the meantime taken a chance how to write me.One of the trader who trade in business place for the best return basically his expectation 50% or 100% or also more how much become he more delightful.
As a assumption the price of cryptocurrency 2030 maybe 543K which price by today is 48k.
Why late! if you have enough money to invest! You must buy today last week its price was 43k.
We are not talking about cryptocurrencies or shitcoins in this thread.
If you meant to say bitcoin, then why didn't you use the word bitcoin?
if you don't know how to use the word bitcoin, then you likely do not understand bitcoin, and you need to learn how to use the word bitcoin in order to not be presenting gobble-dee-gook ideas merely because you are trying to sound smart, and one of the first steps is to know when you use the word bitcoin and when to use the term cyptocurrency.. perhaps if you are denigrating shitcoins or maybe in a context in which you have clearly distinguished bitcoin within the context of your use of such otherwise vague and meaningless term.
[edited out]
What is the actual importance of Bitcoin? If we merely talk about it as something that "will make people gain more from their investment", especially people who have yet to actually learn anything about it, it might sound like a Ponzi to those people, no?Yes, people to think about bitcoin as a ponzi, and they don't really tend to understand what bitcoin is.. and I still see no reason to get worked up at the term investment, especially since a lot of people also don't know how to use the term investment in relation to bitcoin because they may well be thinking about their "investment" into bitcoin as a means to get short-term profits in dollars, which is probably more like trading and gambling than investing, so in that regard they are considering bitcoin differently and don't really understand long term investing, even though technically they are still investing, but just not in the sense that many longer term bitcoiners understand the term investing when it comes to bitcoin.
Probably one of the better solutions is largely attempt to put these matters in context without abandoning preferences to talk about bitcoin as an investment - including the various ways that many of us consider investing into bitcoin in the long term with our time, energy and monetary value.
People are going to speculate about bitcoin and not even know it very well, and there are likely many folks who are just getting into bitcoin, and it may well take them a whole cycle of investing (buying bitcoin, accumulating and/or holding) and also studying, reading about it, researching into it, writing about it, before the really start to begin to have greater understandings of bitcoin.
Look at you and me, for example Wind_FURY, we argue about various bitcoin fundamentals, even though we agree about several aspects of bitcoin too, so frequently even longer term bitcoiners can disagree and even have various misunderstandings about bitcoin.. I am no exception to having those kinds of misunderstandings about various aspects of bitcoin and sometimes needing to change my ideas and/or my ways of talking about dee cornz.
Part of my point would still be to express a preference to frame our descriptions and explanations about bitcoin in largely positive terms within a context and not getting caught up in semantics in regards to what gambling, trading and/or bad short-term (perhaps fiat-based) misunderstanding that they might have in regards to bitcoin. It is likely going to take people time to come to realize that bitcoin is likely amongst the soundest and best of investments (if not the soundest and best), and so in that regard, even if bitcoin experiences a lot of ongoing and likely inevitable volatility that goes in both directions, they likely should be mostly striving to accumulate it and hold it even if frequently in the beginning years (perhaps a whole cycle or more) their holdings might experiences of times in which it might not be in profits.
So being directionally correct pays off even if there are likely to be some mistakes along the way. .and the mistakes may or may not be perceptible at the time that they are being made... there can be some questions or tensions regarding how much of a balance to keep in various accounts that we might create. .and questions about whether we can put off some expenses (defer them) or if we might spend time trying to earn more income or if we might set aside some value to prepare for dips, and how much value do we want to keep on the sidelines for preparing for dips versus just buying right away or spreading our BTC buys out over a whole week..
However, in the strategy that I have done, I am not too interested in focusing on setting up reserve funds to wait for cheap price because I tend to accumulate Bitcoin every two weeks. So I think I will get a chance that might be more accurate to get a cheaper price.Some of these arguments about what to call and how to use your emergency funds, reserve funds and/or float money may well be semantical arguments, but at the same time there can be some practicality in regards to how much cash anyone might build up in those kinds of funds and for what purposes they might assign the funds without ending up putting themselves into a bad situation in which they might use too many of the funds when actual emergencies might end up thereafter presenting themselves and they do not end up having sufficient funds in order to cover the possible emergencies for which they were supposed to be prepared.
No matter how much the price of Bitcoin increases, if Bitcoin is deposited regularly, one should always continue to invest in the DCA method. Because if we invest every week then we will calculate monthly average. And if I invest monthly DCA method then I will calculate annual average. By calculating the average price that will come, of course, we should continue our investment in this way. Investing as an average is less likely to result in a loss, because if the price of Bitcoin goes up, we will have a price chart with the median as the price from the lowest to the highest. Because if we have invested 10-15 dollars per week then we will average the average price list.
When you invest using the Bitcoin DCA method, you will make a profit even if the market price of Bitcoin goes up, but you will not fall into losses. The core of the DCA method is that you have to keep investing all the time, and when you keep investing in bitcoins and once the price of bitcoins has skyrocketed to the highest ATH, it is possible to make a lot of income. If you invest every week then surely you will get a good fraction of bitcoin calculated monthly, and you must do it using DCA. If Bitcoin price increases more in a month than you will gain a lot and if it decreases you will not suffer so much but using DCA you will be in a phase. If you can make an average chat every week or month then it is best to invest as you can expect good things and profit from it. 
but what about a situation that someone has enough money and monitors the price of bitcoin and when it gets bearish to a particular range of value he buys it and does that continually for the particular number of
year.
year.
For me I don't see any smartness in this and I see it as something that will make an investor not to accumulate his Bitcoin, considering the fact that there is no certainty as per knowing the breaking point of the bear market before the bull, and there is a possibility of the bear market not have gotten to the range of value expected before the bull, what if it couldn't get to the range of value expected? You might miss out buying Bitcoin for that year according to your expression while others would have been adding to their portfolios. Why not consider dividing the budgeted sum in two parts and starting with dcaing either weekly or monthly and buy wholesomely when there is downward trend in the market. Thou is just a suggestion the choice is yours and always know that what happened in the past may not happen in the future.
Always Stay focused and informed, working towards achieving your expected goals and objectives.
Saving up a reserve fund doesn't mean you will use it to accumulate bitcoin when the bitcoin price is in a dip.
For me i think the reserves fund may be use to cover up certain non routine or scheduled expenses as well buying at the dip if there is a better chances of replenishing it as soon as possible after making provisions for your daily upkeep and your emergency funds of up to 3 - 6 months worth of your salary as expected.
The lump sump strategy that I know is very different from the buy the dip strategy, the lump sump strategy is where you buy all at once with all the capital you have but the buy the dip strategy is usually used by investors who only enter the market when the market is just bearish conditions
Let's get this right because it seems everyone seems to be advocating that the DCA method is the best. I know the methord is very popular and most people that might have practiced it in the past might have hard positive result from it but what about a situation that someone has enough money and monitors the price of bitcoin and when it gets bearish to a particular range of value he buys it and does that continually for the particular number of year.
I know it might seem like the same thing that traders do but you're not monitoring the price for the purpose of trading when the price goes up but what you're just after is the most convinient price you're going to be buying whenever you want to buy.
So being directionally correct pays off even if there are likely to be some mistakes along the way. .and the mistakes may or may not be perceptible at the time that they are being made... there can be some questions or tensions regarding how much of a balance to keep in various accounts that we might create. .and questions about whether we can put off some expenses (defer them) or if we might spend time trying to earn more income or if we might set aside some value to prepare for dips, and how much value do we want to keep on the sidelines for preparing for dips versus just buying right away or spreading our BTC buys out over a whole week..
However, in the strategy that I have done, I am not too interested in focusing on setting up reserve funds to wait for cheap price because I tend to accumulate Bitcoin every two weeks. So I think I will get a chance that might be more accurate to get a cheaper price.The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication.
Newbies will continue to come to this thread because this thread will help guide them on the right path to take in accumulating bitcoin so that they will not make a mistake that will make them sell their bitcoin at a loss and never want to invest in it again because of the bad experience they had. You don't need to talk down on someone just to gain favor. If you see anyone spamming this thread, you have to correct him or her on how things are being done here, but if they refuse to take the correction and are still spamming this thread, you can report them to moderate. If it's easy to get merit on this forum, everyone should have been on the list of member ranks, but it is not easy to get merit here, so any newbie who got merit on this thread deserves it because he or she has tried to share a meaningful comment or material that will be useful to the members coming to this thread. I will put it to you that you are here for merit haunting because you have not been on this thread for a long time and you decided to come back to this thread because you have not been getting merit recently from other threads.New members can actually learn about depositing bitcoins from here, how to deposit bitcoins and what are the benefits of holding them for a long time? All such education can be acquired from here. There are many wise people in this thread who have very valuable discussions. All suggestions discussed here by reputable members are DCA method discussions about Bitcoin.
So being directionally correct pays off even if there are likely to be some mistakes along the way. .and the mistakes may or may not be perceptible at the time that they are being made... there can be some questions or tensions regarding how much of a balance to keep in various accounts that we might create. .and questions about whether we can put off some expenses (defer them) or if we might spend time trying to earn more income or if we might set aside some value to prepare for dips, and how much value do we want to keep on the sidelines for preparing for dips versus just buying right away or spreading our BTC buys out over a whole week..
However, in the strategy that I have done, I am not too interested in focusing on setting up reserve funds to wait for cheap price because I tend to accumulate Bitcoin every two weeks. So I think I will get a chance that might be more accurate to get a cheaper price.So, for that reason, you need to have a good understanding of allocating your finances when investing in Bitcoin. If you are able to budget 10% every month then it will no longer be touched for all your life's needs because you have the other 90% to meet your life's needs. So, that way you won't be stressed about the investment you make because you don't need the money for other purposes.
So some of them have budgeted above 10% or 15% to invest in Bitcoin but they have thought this through carefully in all their decisions because if they are stressed then their investment planning could stop midway.
So being directionally correct pays off even if there are likely to be some mistakes along the way. .and the mistakes may or may not be perceptible at the time that they are being made... there can be some questions or tensions regarding how much of a balance to keep in various accounts that we might create. .and questions about whether we can put off some expenses (defer them) or if we might spend time trying to earn more income or if we might set aside some value to prepare for dips, and how much value do we want to keep on the sidelines for preparing for dips versus just buying right away or spreading our BTC buys out over a whole week..
However, in the strategy that I have done, I am not too interested in focusing on setting up reserve funds to wait for cheap price because I tend to accumulate Bitcoin every two weeks. So I think I will get a chance that might be more accurate to get a cheaper price.The more days passes by so do more newbies flood the system. Most came with the notion of leaning new things like learning the accumulating process. Why some came with the notion of Merit hunting to rankup and apply for signature campaign. Although I can't question anybody on h/her reason of flooding or spamming the board but as an intellectual fellow you are, I know you are fully awear about it and just decided to play along. Because I know by now you should have known the difference between the sheeps from the goat or the spraut from a bean. But the main thing in life as I have learnt so far in this forum is that a reasonable word is better than a thousand junk of word without meaning. One should be able to sit down and understand when there is communication and when there is no communication.
Newbies will continue to come to this thread because this thread will help guide them on the right path to take in accumulating bitcoin so that they will not make a mistake that will make them sell their bitcoin at a loss and never want to invest in it again because of the bad experience they had. You don't need to talk down on someone just to gain favor. If you see anyone spamming this thread, you have to correct him or her on how things are being done here, but if they refuse to take the correction and are still spamming this thread, you can report them to moderate. If it's easy to get merit on this forum, everyone should have been on the list of member ranks, but it is not easy to get merit here, so any newbie who got merit on this thread deserves it because he or she has tried to share a meaningful comment or material that will be useful to the members coming to this thread. I will put it to you that you are here for merit haunting because you have not been on this thread for a long time and you decided to come back to this thread because you have not been getting merit recently from other threads. Jump to: