Topic: Buy the DIP, and HODL! - page 368. (Read 108501 times)

30% is a fairly large allocation because for me it is a very aggressive step in investing. However, as JJG said, those who do not have large expenses for their living are certainly a better choice to save themselves in their investment plans. Well, if they are able to survive by allocating 30% for up to 3 years, of course the achievements in BTC ownership will be quite large.

Apart from that, all the dependencies and unexpected expenses in life can also affect the level of allocation in investing each month. However, every plan has to be thought out properly beforehand to prevent chaos in their investment journey. Well, in my opinion, most of them are probably only able to allocate 10% to 15% of their income to invest.

That is the point of the problem, sometimes we are not unwilling to allocate our income every monht in a large percentage amount, but with the economic situation that still has to divide on other things that ultimately make us as minimal as possible to allocate it. That is not something wrong either, because there should be no compulsion that makes us ignore other needs, because if we do that it is something that is not wise either.
The most important thing when we do this is consistency, for me it doesn't matter when the percentage is more flexible, especially when our financial situation is up and down.

You are right with the implication that 30% is a lot to be investing into bitcoin and/or otherwise saving, jossiel..

Most people have trouble saving any income and frequently, 10% of their income can be a reasonable and even a somewhat aggressive target for a lot of people (even though surely some people have more discretionary income than others and if they make a lot of money, sometimes they can live a kind of minimalist lifestyle and end up getting up to decently high savings/investing levels).  Many of the normies can make quite a bit of progress just by going from near or at 0% to 10%, and surely if they can invest/save more than 10%, then the is o.k. as long as their other financial matters are in order.

Nice to see that you've got the status to put 30% of your monthly income to BTC and you're firm in holding that.

You're right.

Trading is riskier than holding and as you accumulate, you just do the sequence and the practice that you've been doing monthly or whenever you've got more spare money to do so.

The pressure is real when you're needing to get that losses you have just made and when you can't, the mental effect to you is greater because it's going to give you mix feelings.

HODLING is the best, no pressure, no need to think of what you have to trade but just to accumulate and sell in profit whenever it's needed.

Of course trading is very complicated especially when the trader is a novice that doesn't understand what trading is all about, in most cases people seem to forget the risk associated on trading because they are overwhelmed by the profit they believe they will make if venturing into trading forgetting the risk.

For an investor to have rest of mind is to avoid trading because in as much as trading may look so interesting in times of profits returns that's how the chances of losing is also there so the best is just to stick on investing on Bitcoin and hold instead of chasing Bitcoin price movement.

It doesn't seem to me that you are saying anything different from me... even though you are saying it differently from how I said it, but our conclusion still seems to be the same, which is to emphasize investing rather than trading... even though I am accepting that some folks might trade  so I suggest a limit of no more than 10% for the very beginners and 30% for those who have been trading longer, even though surely I would not even want to go as high as 30%, but we know that degenerate gamblers (traders) will want to go up to 30% and they will even want to go higher than 30%, just like the original post stated with 50% 50% as if that were even close to reasonable.

I don't!, no stash for trading all that just for BTC investment and HODLing so on, how to accumulate using DCA strategy.... 30% of monthly income for BTC investment and the rest for living and other needs.
For me trading is too complicated and there is more risk of greater loss than profit, here we have to understand all the patterns that are needed and the pressure of the mind because we have to choose the shitcoin that is traded, so I don't do any trading except BTC investment.

Bitcoin is the only cryptocurrency that when you invest in for a long period of time, you will get profit from it and not those other shitcoins. I can see that you hardly talk about bitcoinm and the only time that you mentioned bitcoin was to use it for purchase of stuffs. I guess that you don't know the potential of bitcoin when you hodli and this is why you are talking about trade and spending your bitcoin. Anyone that don't get paid with bitcoin and he is spending his little bitcoin that he has to buy goods, night end up regretting his actions later.

 Bitcoin is seen as a good investment that gives profit when you hodli and continue accumulating to increase your bitcoin investment potfolio frequently, through DCA. I will advice you to forget about trafing of butcoin in your mind and think of going into a long term investment and hodli to your bitcoin, and at the same time you can continue to buy weekly or monthly to increase it. The earlier the better for you if you want to also benefit from bitcoin,but you must hodli for like 4-10yrs. This is because your profit will increase base on the timeline of your investment. Also make sure that you have enough fiat with you to take care of your needs and for any emergency that occurs during this period so that you don't end up going to sell your bitcoin, because this will kill the long term investment plan. Shitcoins are worthless and a waste of time because it is not an investment.

You don't need to think of trading as traders can never be patient because they will always want to outsmart the market and it is very difficult to know the price movement of bitcoin, this is why when the see a little pump or dip, they panic and sell to regret their actions. It is not compulsory for an investor to wait for the dip before he can build his bitcoin porfolio, because any investor that want to time the dip, night end up missing out since nobody can know the bottom line of the dip. This is why the DCA method is the best because it is the fastest way to build up yout bitcoin portfolio, since you always buy disregarding the price of bitcoin at that moment. Buying at the dip is very good and that is why this as you are DCAing, you should also keep dome funds in reserve for buying at the dip.

I agree with you that there are some people who do happen to maintain both a trading stash and an investing stash, and how much is allocated in each would be a personal decision... Personally, I believe that any more than 30% allocated to trading is going to put a person in the wrong mindset, and there might need to be some other guidelines in place for the trader, so that s/he does not continue to deplete the HODLing (investing) stash if the trades are happening to not go very well... no more than 10% in shitcoins and no more than 30% in trading, and perhaps if someone puts 10% into shitcoins, then s/he would ONLY be able to put up to 20% into trading because there is almost no way to justify being into shitcoins as anything other than a form of trading..

And, yeah in this thread, we are not talking about trading, so in that sense, any kind of acknowledgement of trading should probably be aimed at deemphasizing it and/or giving it way less than anything close to 50/50 as if it were something that any regular people should be considering, even if we know many of them are lured and propagandized into believing that there is some kind of benefits to including a trading strategy, when that surely is not the case for an overwhelming majority of people and probably an overwhelming majority of people should start out small if they do want to dabble in trading and maybe even limit that to less than 10% of their BTC stash, and if they engage in those kinds of practices, then they will be prioritizing the right thing, which is investing rather than trading and/or gambling, but on the other hand if they feel that they learn the trading skills, then maybe they could increase their allocation to no more than 30%.. not 50%.. 50% is just crazy and probably even professional traders should not be doing that... but hey, they can figure that out for themselves, even though here, we are neither addressing the concerns of professional traders and likely we should even be de-emphasizing trading so much as to only acknowledge its potential usefulness as being a very small portion of our BTC allocation in the event we were to want to attempt to dabble in such likely to be stressful, time intensive, and even likely to be losing our money practices.

I believe investment can change people's destiny. Crypto investment platform is one of the most promising investment platform out there.  By investing in crypto platforms we usually mean investing in Bitcoins. Many people have changed their careers by investing in Bitcoin.  There are many differences between a common man and an investor. A common man will pass his life normally but an investor has the possibility that he will get something very good from his investment at some point and in that expectation an investor invests. Those who have investment can dream and have hope but those who have no investment have nothing to dream and have no great hope for the future.  
Investing in a crypto platform is not just about buying a coin, but an investor's high expectations around that coin.  

One thing I have noticed well is that those who believe in long-term investment are right. Many invested while the market was under $20,000 and from there we saw the Bitcoin market turn upside down, but after going down, the market turned positive again to $25,000 to $26,000. When the Bitcoin market was between $20,000 and $26,000, an investor could have sold his investment and made a small profit, but those who didn't sell their investment at that time now see double the profit. If you look at their profits at this time, you will see that their profits have increased several times in the future, so from this point of view, it seems to me that those who believe in holding the investment for a long time, have got better from the investment.

The main option is also not wrong because some people may divide their fund allocation in half in investing. I mean they apply 50% for the long term and another 50% for daily trading or they buy when prices are low and sell when prices are high. So of course they can allocate the profits they get for long-term investment. And it's also not wrong because they take advantage of dips to buy and sell when prices are high and also they have long-term investments in the 50% of the funds they own.

Every strategy that is best for gaining profits is definitely of great interest to traders and they will apply the best to collect BTC for long-term investment. Apart from that, the moment of decline is always the best choice to buy more aggressively with what they have done before. So I also agree with you if you buy at a low price and hold it for the long term.

What you say is an effort to collect Bitcoin every week by buying to place it in investments without really caring about the current price because the goal is not for you to sell in the near future. It does look good and is very suitable because it is very similar to DCA, but we must always have a sense of optimism and must not be reduced because that is what can really interfere with us in increasing our Bitcoin portfolio in this way every week.

We really don't need to compare the amount of other people's capital with the amount of our own capital even though we will use the same capital to buy Bitcoin. Because each person only needs to maintain their own capital and the assets they already have by continuing to implement the strategy that is most suitable for themselves. Because other people will not follow the way we do even though they are still in the same aspect as investing, so we also don't need to think about other people's strategies and any comparisons that are related to this.

@JayJuanGee is not asking you to improve on your writing because we are not in a writing class here. What I have seen him do is to ensure people have the right information and approach towards building their Bitcoin portfolio and how to manage same to be able to realise the benefits of and  opportunities offered by Bitcoin. So your writing can be poor but if you got the Knowledge he is passing and put same to practice, am sure the writing will not matter much after all I have made several grammatical errors in this discussion yet he still understood me.

What I am saying is that, as much as you are seeking the knowledge of Bitcoin here, do well to start buying and holding Bitcoin especially now that the price is still low. This whole discussion will become very interesting to you if you are actually holding Bitcoin and you see your Portfolio grow in profits as the price of Bitcoin rises. I mean, this whole thing will become sweeter and more motivating then. This is from my experience, there is a whole different confidence you will have seeing your money grow from nothing to something big all because you choose to buy and hold Bitcoin.

I am glad that you did not have any bad intentions to bring up shitcoins and to engage in sloppy thinking/writing on the topic, and sure maybe sometimes it can be difficult for some newer members to appreciate the difference between bitcoin and other projects, yet there are ways to either not talk about them, but at least if you do decide to include talking about shitcoins in a bitcoin thread, then at least you would describe them in a context that mostly focuses on bitcoin and perhaps just mentions the various shitcoins as a side note.. and of course, members have differing ways to express themselves too.. and surely some members are not very used to communicating in English, so those can sometimes be reasons for mixing things up a bit more.. so don't get me wrong, johnsaributua, I am not trying to discourage members who are genuinely wanting to share their experiences and perspectives and even who might disagree upon whatever points are being discussed in the thread.. which sometimes might include the various ways that we try to accumulate bitcoin, but we might be dealing with a lot of shitcoiners in the process of being able to buy bitcoin.. maybe in peer to peer ways or with minimum levels of KYC, which also can be matters that confuse members in their attempts to figure out ways to accumulate BTC on a regular basis.. and/or the challenges of trying to buy on dip if you are dealing with peer to peer, then your peer might not like it if you are trying to strategize your buy in such a way that you are trying buy on the dip from him/her.

Truly DCA strategy is one of the best strategy to be use on Bitcoin accumulation but however let's not too over emphasized DCA to always be free from all the risk on Bitcoin accumulation because irrespective of how good DCA strategy is there is always a disadvantage so let's not always feel using DCA we are always free from every risk.

So irrespective of how good DCA strategy is, the possibility of getting ourselves into trouble sometimes could be possible because DCA is just a way to guide you on Bitcoin accumulation while utilizing it on better way that Will not affect your financial state depends on you.

Because there is no way an investor will not be affected if they failed to do a proper planing of the total funds they have and the amount that will be channeled to there accumulation of Bitcoin.

When it comes to Bitcoin investment, just like the title of topic implies it's just best to "buy the dip and hodl", this is far better than thinking you could accumulate through trading which is luck base like you have already stated. Sometimes the availability of funds or finance is a major problem and also goes with impatient, many Bitcoin investor are mislead by the false stories about how trading is easy and actually try to venture into it by thinking they can get some Bitcoin added through this means to their investment but believe me it's not as easy as they make it seem in the ads and commercials and I Know this through the hard way(lost some coins).

If anyone actually want to be successful then keeping a strict mind about their investment would go a long and also knowing exactly when the market favours you so you can buy more (during dips) because you get more Bitcoin when you buy during dips or you can just go with weekly accumulating and most importantly never use funds that you know will affect you, thereby making you temper you Bitcoin investment.

Patience is the key to success in every trading. Not only we must be patient while we see small profit but must also not lose patience in case we see price of Bitcoin going today. Those who learn this art early on, finds Bitcoin an awesome place for investment. Rather then going for small profits, one should focus on building his portfolio specially when price is down.


Day traders are just gambling with there money and in gambling mostly house is the winner not the gambler. If you price of bitcoin over a period of 4 to 5 years then one can clearly see that it increases.
So we have two things to focus on, build portfolio and invest for long term.

Thank you sir for the correction, I will continue to improve my writing, just sharing sir with the conditions, habits and ways I utilize bitcoin. I am amazed at the way you think, the understanding and achievements you have achieved about bitcoin.

If you want to invest in Bitcoin, it is definitely better to invest in the DCA method. Because you keep some money from your monthly income or weekly income and invest it. Because if you keep investing like this, your portfolio will definitely grow. And if you can invest every week then your investment will come down on average monthly %. And if you average your yearly calculations you will definitely see a hefty benefit. And hold about you for a long time.

Perhaps your post would improve and even be a bit more topical in regards to this particular thread if you figured out how to talk about bitcoin, rather than using meaningless words like crypto. and sure there were a few times in your post that you said bitcoin and other crypto so that helps to be more specific regarding what you are talking about and you even mentioned tether, so surely there are some places in which stable coins might be used in order to potentially be more tradable in terms of being pegged to dollar values.. but still, in this particular thread we are talking about bitcoin, so you are deviating quite a bit from this topic when you refer to vague shitcoins and even describe "crypto" as a kind of market dynamic.. but your referring to "crypto" as a market dynamic is misleading since there is no "crypto market dynamic that would not be better described by talking about and focusing on bitcoin's market dynamic first, and if you still believe that you need to refer to shitcoins, at least you would be framing the matter in terms of bitcoin first rather than speaking vaguely about what you perceive to be going on

So sure maybe you find useful to be dabbling in shitcoins, since apparently you seem to have some peer to peer abilities with getting value from some shitcoins in your area.. perhaps?  .. but still many of us in this here thread could give less than two shits about your fucking around with various shitcoins, if that is what you are doing and talking about.. since this thread is about bitcoin.. and so there are probably some forum threads (or create one) that you can talk about what you are doing with various shitcoins, but here is not a good place for such slippery slope and distracting gobble-dee-gook discussions.