Topic: Buy the DIP, and HODL! - page 324. (Read 108636 times)

There should be no competition in investment as far as investment is concerned. Anyone having a competitive mind will have their self to be blamed because they are investing in what they can't afford to lose with their friend who is financially capable of withstanding whatever their investment turns out to be tomorrow.

It is unpalatable that some people want to be rich through crypto overnight and they are not checking their financial strength to invest in bitcoin for the long term without selling it out of profits when emergency needs come their way.

The worst thing that can happen to any crypto investor is to follow or believe whatever speculation price he or she hears about bitcoin price without trying to start up a DCA strategy on how to invest in Bitcoin in his or her way without letting anyone speculate what will be the price of bitcoin in months or years to come.

There are quite a lot of people out there who don't understand what investment really is, they think an investment is just buying and holding for a long time, and that's wrong.  when you invest, there are many things you have to learn, namely about asset choice, and timing and also the strategies that use to buy, meanwhile, if you invest in Bitcoin, you must not be careless, you must have a thorough plan and a good strategy, so choosing this strategy is what can make your investment profitable in Bitcoin.  My advice is always to use the DCA strategy and also buy the deep in investing. in bitcoins.

Even if a person starts out with what seems to be a large amount to start out his/her investment, the amount may well end up becoming dwarfed by ongoing adding to the investment portfolio, and many times it is not easy to start out with a lump sum amount, even though surely there are circumstances in which guys do end up coming across lump sum amounts of money that provide them with way more choices than they would normally have.  

It is similar when many young people first leave the home of their parents, they usually are starting out without very many resources, and it can take a while for them to start to feel that they have built some of their resources and maybe they are not even able to invest anything in the beginning because they are struggling to make sure that their income covers their expenses, and that they might also be building their emergency fund (that they might not have felt that they needed during the time that they were living with their parents).

Also young people are faced with dilemmas regarding whether or not to go to college or maybe to participate in some kind of vocational training that may well cost money and time in the start, but may have the potential to increase their income at later points down the road.

Sometimes people will come across lump sum amounts of money, and they won't be sure what to do with it, but then they might become tempted by going on vacation or buying some consumer good that had earlier been out of their financial reach.  It takes quite a bit of discipline and focus to identify an investment rather than to consume.. or even to budget out various places to put the money, and then the lump sum does not seem to be as much if it ends up getting divided into various categories to try to fulfill several wants at the same time.


1-4 years does not seem like a long time, especially when it comes to something like bitcoin.. 1-4 years seems like someone who is looking for the next peak to be able to cash out some or all of his holdings.

But hey.. do what you like... and there surely are some people who might be concerned about their ability to invest for 4-10 years or longer, and so sure they could still invest, but I would imagine that their position size is going to be smaller if they are investing in shorter timeframes, such as 4 years or less.

Alternatively, there are traders who do look for some opportunities to get in and out of an investment, and surely traders might consider themselves to be investing in the long term when they are investing 1-4 years.. so sure maybe it is a matter of perspective.. .. even though I still consider 4 years as a kind of minimum for investing into bitcoin and if someone does not lump sum in the beginning, but invests over 1-4 years, then any money being invested at the end of the first 4 years, should be considered as being invested for at least 4 years from the time it is invested, not from the time that the investment started... so any new money coming in likely needs 4-10 years or longer, just to grow.. and that would be more in the ballpark of the entry levels to "long term" investing.. and surely if a person is reassessing his investment periodically (perhaps quarterly, perhaps annually, perhaps every few years), he is likely going to find himself in a decently good place if he had been investing for 10 years or longer, and surely is going to have more freedom from having had invested for that period of time, and part of the freedom also comes from being able to make sure that the investment is secured during that whole period..

How much is personally held in some private place, and how much is held with third parties?  

With bitcoin, it is likely better to have an overwhelming majority of the investment as privately and securely held.. not necessarily easy to make sure that your  keys are secure and to attempt to keep up with which methods of securing keys are sufficiently secure for the size of the portfolio that is being protected..


That is quite true, and even people with very similar incomes and similar expenses might come out differently in terms of performance, but one of the main performances is also being able to stay in the game and being able to balance a variety of your personal needs, including perhaps your need for insurance, so one person might choose to invest 10% of his income into bitcoin and another person chooses to invest 20% of his income into bitcoin, and surely the one who invested 20% might end up getting ahead, but then he never had a sufficiently-sized emergency fund, and he ended up getting lucky that he did not end up having to experience an emergency.. and the person investing 10% was more prepared for such emergency, even though in the case of this hypothetical, no emergency ended up happening... that is another thing with a sufficiently buttressed emergency fund, it might be less than 5% odds that the emergency fund will ever be needed, and so there are choices about how much to buttress the emergency fund, and realizing the fact that there could be some circumstances in which NOT having a sufficient emergency fund could totally wipe a person out... even though the odds still might be less than 5% that such emergency fund will ever come into need.


Sometimes the mere fact that you are persistent and consistent, you may well outlast others who are in similar positions as you, and people will have differing ideas, and some times some people will get distracted into other areas to put their value, and sometimes we might not notice a difference for many many years.

I know some people who had quite a few advantages over me financially, and I even tried to get them into bitcoin, and they probably would have had been able to invest into bitcoin with way smaller of a fraction of their income (and available assets) than I had done.  These days, there is no way that they would be able to come even close to being able to catch up to me, and from time to time, I heard them telling me about some expenses that they had that were part of their life that was not in my life, but much of that is just excuses - especially since there are other areas in their life in which they were always way more consistently spendy than me, so even if it was true that they had some areas in which they had more expenses than me, they made choices regarding where they were investing their time, money and energies, which happened to not at all (or barely) in bitcoin over the years, and even though I did not kill myself in bitcoin, I was moderately more aggressive, and consistent.. and largely just continued to hold my bitcoin through the years, which is nearly impossible for them to be able to purchase even a fraction of my quantity of bitcoin without having to make a lot of sacrifices, and even that probably would not be enough to catch up absent my suffering some kind of "accident" with my coins... which I am truly not ruling out as non-zero.

I am not even really competing.. but I do sometimes think of the comparisons... including another guy that comes up to me on about an annual basis since about 2016, and even I pretty much consistently say the same thing.. get started.. and I cannot even remember my first conversations with him, which he claims was in mid-2014.. which surely could have had been possible... but still outside of my memory... there were a few other guys with whom I supposedly had these kinds of bitcoin conversations in 2014.. even though I don't recall talking about bitcoin to others until late 2014.. but they were claiming that I was talking about bitcoin with them in mid 2014.

Actually one of the really measurable differences will come from seeing that some people will cash out some or all of their investment and strive to get back into the investment later, which surely can end up being an investment killer... it has a tendency to take away a lot of the compounding effects of the investment


Exactly.. a person (newbie into bitcoin/investing) can start out by dedicating 5% to 10% of his income into the investment, and after a few years increase that to higher amounts.. but surely if it remains unfeasible to increase the investment amount to more than 5% to 10%, then such person should just do what he can, and even 5% to 10% will likely add up, even though 5% is likely only equivalent to having had invested a whole year's salary after 20 years of employing such strategy, but 10% has chances of having invested a whole year's salary after 10 years.. and sometimes these higher levels of aggressiveness (when possible) can make really stupendous kinds of differences in therms of the progress made and how the quantities might add up to significant, meaningful and potentially life-changing amounts.

To me, it is not even good to compete with someone on their bitcoin purchase because you don't know the kind of plans that he had set aside to buy bitcoin that will definitely work for him because he has already strategized it base on his income. Since you are in competition, you will not know his strategy for you to follow and you might even lose focus to come up with your own strategy because all your focus is to have more btc than your friend and before you know it you will buy more aggressively and forgetting that there will be need of emergency funds and reserve funds since you think that the person with the highest bitcoin in his portfolio is the winner, forgetting about important issues that might arise in the later.

And before you know it, you will see yourself selling your bitcoin at a lower price to take care of some challenges, maybe health issues or emergency that must be attend to. This is why it is good to invest based on your capacity and don't be in competition with anyone to make you concentrate and stay focus on your bitcoin accumulation journey with the regular DCA method weekly or monthly. Just do your best and allow things to play out the way it is suppose to be, who knows if you will have a bigger income than the the person that you feel is buying more than you tomorrow, and you will increase your bitcoin purchase size which will be more than his.

This is why newbies need to start with an amount that they will not need for a very long time, maybe 10% or 5% for regular DCA weekly or monthly, and go on a long term ride for let's say 4-10yrs to minimize the risk because it is be easy for them.

To sum it all up, bitcoin is the safest cryptocurrency to make an investment upon doesn't mean when we take the wrong routes in doing that we will get be best out in it, we must have in place a proper plan ahead of time on hownwe are engaging with the investment we are making, the duration and the time frame set for it, this is not an avenue jut to do things havazardly, there must be an orderly manners in our bid to make an investment base on our targets plans already in place.

I also learned to understand that mistakes are sometimes unavoidable, but we can do in such a way that we are always at the top of the game each time, there's more to talked about the beauty on bitcoin Investment when things are in accordance, this alone will make us value the asset we have when we are at it again.

I don't think that the decision to invest in Bitcoin should be taken in a hurry because to hold Bitcoin requires more than just investing any money at your disposal. You must make effort to plan your finances in such a way that some funds will be set aside for any emergency that may arise which was not expected, like the "financial need" you stated. If such provisions are not made, even if you adopt the option of investing $200 every month, you will surely sell your assets or some of them when emergency arises. Hence, it is better to think properly and plan well before starting the investment process if longevity of the asset must be assured.

I quite agree with you on the decision aspect but I seem to defer on the risk aspect. Bitcoin seems more risky for short term investors than long term investors. Apart from loss of assets due to hacks and others, holding Bitcoin actually have minimal risk from what we have seen so far.

Anyone who came with the mentality to instantaneously double their money is like someone who is looking for Ponzi scheme were he would put some certain amount and received them back in couples of minutes which I know too well it doesn't end becoming scam at the later ends maybe it could be that such site has continuously be paying them but at some point there must be crash of site. In bitcoin investment there is nothing like "Instant rich" we must exercise that patient to wait for the maturity date or even having to wait at least 1 year to 4 years time before we could see something very pleasant with out investment.

That is to say after investment we go for more knowledge  as we need a sufficient knowledge to know how to manage/guide our investment otherwise we might ends up wasting it when then time is not yet due. Though investment like bitcoin (especially cryptocurrency investment) requires more educational material on the security aspect of our investment to enable us be able hold long time.

Therefore, before we get to know or do research on the assets we will invest in, we must first understand the concept of investment. Everyone may be familiar with the word investment, but not everyone knows what the real meaning of investment is and the essence contained in it. After we understand that, then we start to understand the assets we will invest in, in this case bitcoin for example. It doesn't stop there, but we must have a long-term plan about the investments we make.
The basic thing to remember is, investing is not something that will make us instantly rich.

As a child I read a story that a crow was very thirsty in a desert and he was trying to find a lot of water in the desert. While searching for water he finds a pitcher and some water collects at the bottom of the pitcher. The water collected at the bottom of the pitcher, the crow tries hard to eat, but his beak does not reach the bottom of the pitcher, so he fails after trying for a long time. When he can't drink water after trying for a long time, he comes up with an idea, the crow sees some pebbles nearby and he picks up one pebble with his beak and drops it into the pitcher. Bringing one pebble at a time, the bottom of the pitcher is filled with pebbles and the water in the pitcher rises to the top so that the crow can easily drink the water and he flies away to quench his thirst. This childhood incident coincided with your words today. Just as a crow is able to bring water up to a pitcher by throwing a pebble one by one, if we invest little by little over a long period of time, the amount of our investment will eventually be much greater than we can imagine.  

In the story, if the crow had not been patient and if he had flown away, he might not have been able to satisfy his thirst. It's like a story, in investing, we have to be patient and try to invest little by little, only then we will get success like the crow.

What is required in long term investing is decision making and some risk taking. Overthinking what we invest in can muddy the waters, and muddying the waters can change our investment decisions. As we will hold our investment for a long period of time, a small change in the market will not be a big obstacle for our investment. You are willing to invest and you have money to invest there is no need to delay invest your money in Bitcoin and hold it.

I agree with you about investing. It is a long term commitment and we can not expect to make money right away. Starting with a small amount of money is fine because it lets you learn about investing without risk too much. I m glad to hear that you started small and then added more money with time. It is impressive that you invest when Bitcoin was worth a lot and when it was worth low. It show that you are dedicated and willing to take smart risks.
And Investment is second name of long term. If you have invested so just wait for the best time. If you are you are trying to invest in short term so I think this is trading not an investment(long term investment).

Yes we should establish friends who will always be helpful and competitive to enable us to invest in bitcoins profitably. If few friends can form together like you then surely success will come because we will be able to invest by sharing everyone's opinion and properly following DCA method. We need compatible partners that we can turn into long-term investments by investing with each other. I think it is most important to create such a situation for us to create a unique fit.

Investing is not a one day investment and you cannot gain everything from investing in one day. Investing is for long term, in case of long term investment only we need to invest more amount of money but not at all like that. For those who start investing with 50 dollars, 100 dollars or 200 dollars in the first situation, but starting investment is not wrong. If there was a rule in the field of investment that once an investment is made, the person cannot increase the investment, we would need more money to invest, but we can invest with a minimum amount of money and we can increase the amount of our investment if we want.  

I started investing with less money now my investment amount is much higher. Investment amount increased so much not only profit from investment but I tried my best to increase investment amount and when I had money I invested in Bitcoin instead of saving the remaining money. Over the past few years, I have invested in the highest and lowest Bitcoin prices. I have invested during the highest prices, I have invested during the lowest Bitcoin prices, and I am still investing. Thinking about strategy in investing.

It has been my experience that different financial requirements arise when one plans to keep a large amount of money with oneself. When I bought the bike I had enough money to buy the bike in the first place and when I went to buy the bike with that money the bike showroom told me that after a month the new design bike will come and the new design bike will be good for me. According to them, I went home to wait for a month and left the money with my mother but after some time father's business needed money and then he had no other way and he spent the money on my bike. If I had bought the bike the day I went to buy the bike, but my father never sold my bike and took the money instead he used to manage the money in some other way.  

Similarly, if we wait for a long time by saving money to invest, then the money will be spent if necessary and it is more likely, but if the investment is made, then we will not want to sell the investment and spend the money in another way, but we will try to arrange that money in some other way. Investment decisions should be implemented before one's state of mind changes.

Yep.  If we are going to compete, we should be competing with either some abstract version of our alternative self or competing with someone of similar financial and psychological circumstances, and surely there are not going to be people with exactly our own same circumstances which is another reason to create standards that are individually tailored.

Such speculation will continue to exist and will even continue to roll when prices rise or fall but in the end if we only care about the speculation that others say we will end up destroying the scheme that we have compiled ourselves. We have so many beginners who fail because of cheap speculation like this. they will strongly believe that bitcoin will experience a correction and sell what they have and wait while hoping that this speculation is true which in the end actually makes them get a loss because after selling bitcoin owned it is only focused on falling prices and continues to wait until it finally loses momentum because bitcoin does not match what is expected in terms of price.

Instead of happening like that, it would be better if in the end it focuses on the initial plan about the investment methods and strategies carried out. As for when the decline occurs, maximize the decline to be able to buy back but if something like that does not happen and bitcoin remains bullish then the initial plan about the DCA scheme carried out will continue to run according to what we think.

Yeah, every investor will actually earn the profit they deserve. For example, people who buy 1 bitcoin at $20k and if they are still holding up till now and peradventure Bitcoin gets to $100k during the bull market, that means they have made $80k profit, which is a nice one, but we only invest that amount that we can be able to raise and invest freely without causing ourselves any psychological issues. There was a topic I raised in the past about some friends wanting to set competitions among themselves on who would actually invest more in Bitcoin.
   In a normal sense, it's a good contest among themselves, but some of them did not realize that their financial income is very small compared to that of their friends.

I always tell people that it's more wise to just invest the amount that you can peacefully hold until any time that you have seen that the price is very bullish and you are satisfied with the profit you are seeing in your portfolio.

Some people see that their friends have bought 0.5 bitcoin, and they also want to buy that same amount of bitcoin without even realizing that their friends are earning more than them and also have fewer responsibilities than them.

You don't seem to be thinking sufficiently broadly about different kinds of people and different kinds of situations, and so sometimes when someone has an option to either front-load (and/or lump sum) into their investment, they may well be way better off than someone who scatters out their investment.. so it also depends upon where the BTC price is going from the point of the investment, and part of the point, is that we do not know which way the BTC price is going to go, so if someone already has a $100k investment portfolio (maybe it took him 10 years to establish such an investment portfolio), and he plans to get a 10% position in bitcoin over the next year or so (or even a 25% position in bitcoin over the next year and a half or two years), he may well be better off to front load some if not all of his value to get into his BTC position, depending partly on how he might choose to get into bitcoin quickly and if some of held assets might already be liquid.  As a practical matter, there are a lot of folks who prefer not to sell assets when reallocating (or when adding a new asset to their portfolio), so there can be some dilemmas regarding how to get into a position quickly, and surely when BTC is in its current posture, there can be a lot of advantages to front loading rather than diddly daddling around and taking 1 or 2 years to establish your BTC position.

There is no straight forward rule, and DCA is not always the best when someone has other options... even while part of the problem (or the confusion) is that a lot of normies do not have options, so they need not even think about whether they should lump sum or front load their investment because they do not have that option in front of them, but even if they do not have that option to lump sum or to front load their investment into bitcoin, it still might be the best option that they happen to have available to them to DCA into bitcoin...and if they do not DCA and get started in their investment, they might just have regrets for many and many years if they know about bitcoin, but they fail/refuse to take actions to establish as good as a stake that they are able to establish based on their own financial and psychological circumstances.


Of course, everything that you are saying in regards to difficulties to keep cash on the side is correct, and so if a person had invested aggressively into bitcoin, and had not maintained enough of an emergency fund, then surely there could be problems in regards to how to deal with such emergency, but of course, at the same time, as the money regularly goes into bitcoin, it may well be less of a temptation to tap into it because it is already channeled into an investment that you may well do not want to touch for quite a long time, perhaps 4-10 years or longer..


I agree with your overall point about it is likely better to be investing sooner rather than later rather than holding money back to be able to invest in dips that might not end up happening... so there surely can be variance regarding what anyone is going to want to do in terms of considering how many BTC he has accumulated and for how long has he been accumulating... so then a guy who might have been accumulating bitcoin for 6-7 years at $200 per month may still not feel that he has enough bitcoin in order to slow down in his BTC accumulation, but it still might be difficult to justify how much of a difference a continued $200 per month is making.. but at the same time, maybe he started out at $50 per month in 2017 but he has worked himself up to $200 per month, so he is increasing the amount that he is able to invest into bitcoin, and still not even yet to a point of having had invested a years salary into bitcoin. 

Even if the guy has gotten to be more aggressive in his  BTC investment over the years, and maybe he started out by investing 10% of his salary into bitcoin, but over the years he has gotten up to 20% of his salary being invested into bitcoin, so instead of taking 10 years to get to one year's salary invested into bitcoin, he has gotten to a point in which he has been able to get 1 years income into bitcoin in around 5 years, and maybe even the appreciation of BTC price has put him even further down the road of having several years of salary already saved up and in bitcoin.  That is a good place to be, and it starts to become more and more difficult to figure out how much to continue to put into bitcoin.  Does a guy continue to be aggressive with his bitcoin investment or maybe let off a bit and start to invest into other things, too?  (I am not referring to investing into shitcoins, unless it is less than 10% of the size of the bitcoin holdings) I would not say that the answer is clear.


It is still good to be prepared for a variety of scenarios that could end up playing out, even extreme scenarios... and surely one of the advantages of just buying a regular amount on a weekly or monthly basis, then you likely have that kind of a cashflow that you can just pull from it and keep buying no matter which direction the BTC price goes... but if you had already been buying BTC for several years, you may or may not want to follow a strict DCA approach, even if a strict DCA approach still might be the better of the approaches - apart from someone who might be way further along in their BTC accumulation journey, then they might be starting to think about matters differently... even though there are so many bullish things going on with bitcoin that makes it difficult to justify very many other approaches for anyone who even might have been accumulating BTC for more than 4 years.


The previous 16-17 months between about May 2022 and October 2023, were even more perfect to be accumulating BTC, but I would argue that anyone who had not come to bitcoin with an already decently large investment portfolio (in other words the person who had been DCAing into bitcoin since early to mid-2022  or even going back to 2020, that person still might not have had stacked close to enough BTC, even though they may well be in a decent position to have been accumulating BTC for anywhere between 18 months and 4 years..


Selling to buy cheaper is a really bad practice, especially for newbies.  Newbies should be almost exclusively be considering how to strategize and to plan their various ways to buy... but hey there are always going to be people who don't really know and they let gambling tendencies get in the way of sound accumulation practices that likely take many many years to really get to a point of getting rich (or well to do), and when there are attempts to get rich quicker, those kinds of efforts are frequently not as productive as ongoing, persistent and consistent accumulation strategies that might even involve figuring out ways to increase your discretionary income in ways that increase your cash coming in and/or decrease your expenses.


Personally, I would not define a person as a "low coiner" merely based on his being poor and his NOT being able to buy very much BTC because he has a low budget.

In other words, I personally consider a "low coiner" to be a whimpy investor.  Someone who could easily be able to buy $500 per week in bitcoin, but only buys $10 per week. 

I would not consider a person to be a low coiner ONLY because he is able to invest $10 per week if that is all that he is able to invest, and if he is being as aggressive as he can in his investment into bitcoin (without over doing it) then he is not a low coiner.. not from my personal perspective. 

Let's say that the person who invests $10 per week for a year, and then has $520 in bitcoin, yeah that is a small amount of coin, but he is still not a low coiner, because he is doing as much as he is able to do... That person is as much of a genuine coiner as anyone else, even similar to someone who owns 100s and thousands of bitcoin... and maybe the person who has been buying bitcoin at $10 per week for a year might be struggling to get to 1,000,000 satoshis.. but he is still working his way within his capacity.. and hopefully taking care not to lose any of the satoshis that he has accumulated.  One of the difficult things with anyone investing such a small amount into bitcoin does happen to do with the fees, so it may take a while to accumulate enough bitcoin in order for it to make sense to transfer the bitcoin to another location.. so there is frequently going to be concerns about ways to save fees.. and maybe sometimes having to store those coins with a third party until they reach a certain amount of value in which it makes sense to transfer them to a private wallet.  Another problem with the  person who is ONLY able to buy small amounts at a time is not wanting to have a bunch of BTC addresses with ONLY small amounts of bitcoin (like $10 in each address) because then it could become very expensive to combine the addresses... or even to spend from each address with a small amount of bitcoin in the future.

There is nothing like maximum profit in bitcoin, the only way you can get good amount of profit is by investing in a long term, using DCA strategy to buy weekly or monthly irrespective of the price of bitcoin at that moment to reach your bitcoin target as long as you have your emergency funds available and you have taken care of other expenses. This is where you can enjoy the compounding profit because for every circle, you profit will compound based on the size of your portfolio. So if an investor understand this and hodli with regular buying for let's say 8-16yrs. If investor A invested a certain amount in bitcoin for 8yrs, his profit will be smaller compare to investor B that could invest same amount for 8yrs and hodli for 16yrs, even if he didn't buy during the additional period of eight years.


Why do you make it look as if it is only people that have $100 as extra money to invest in bitcoin can do that weekly or monthly. DCA method is open for everyone to adopt, all that matters is that you shouldn't use the amount that will affect your monthly expenses or that will be a burden to you to invest. If you can use $50 or $20 or $10 to buy weekly or monthly, it doesn't matter as long as you are consistent with buying regular, gradually, your portfolio will grow. It is lump sum that needs a reasonable amount of money and not DCA. It is better to be a lower coiner, than a no coiner because you have less than $100 to invest. No amount is too small, it is better to get started early with small amount than waiting to start in a bigger way that you don't know when.

There is no different between that wish you said to a trade called scalping, although I have heard about scalping.
From a little research I found something related to what you said and I quote

"Scalping in Trading: The fastest trading method is “Scalping” or “Scalp Trading”, which has the lowest time span between opening and closing a position. In this strategy, profit is gained through small changes in price.

Scalp trading takes from several seconds to several minutes. In this method, trades are taken place in small time frames such as tick charts, which are the 1-second time frame chart. As a scalper, you should determine the suitable time frame before trading."

So like you said taking every little opportunity of the market make you a scalper then if you must apply DCA this doesn't meant you can't do that but more like scalping. DCA is depending on your income or salary per say it could come weekly, Bi-weekly or even monthly then you can take some percentage to buy BTC at the given price at hands but if the finance sufficient or sufficiently enough then doing DCA is just like wanting to miss a very huge opportunity in this bull run, don't get it twisted but bear is mostly fitted for DCA I might be right or wrong at your own point of views.

You're not wrong, but the point of the debate between "Buy the DIP" with a lump sum and DCA is not because of a person's financial situation, it's to find what's the more efficient/more profitable strategy. But for plebs like us who don't manage billions, I believe the difference in profit would not be that large that it wouldn't really matter.

What's probably more important is to purchase how much you can today, and front-run BlackRock, the other billionaires, and possibly also front-run nation-states.

Buying Bitcoin with a lump sum is never a bad strategy, but if you know too well that buying with a lump sum will stop you from taking care of your financial needs, don't buy with a lump sum strategy, because you think Bitcoin will never dump again, and you will see your Bitcoin even when you at a loss to solve your financial challenges. You can continue with the DCA strategy in accumulating your Bitcoin which allows you to solve your financial challenges easily while you are on your Bitcoin accumulation journey.