Topic: Buy the DIP, and HODL! - page 387. (Read 108366 times)

What method are you referring to? DCA has nothing to do with trading whereas DCA only focuses on accumulation regardless of price, traders are obviously different and they just want to be fast whereas the focus of this thread is how DCA strategy and its management over time.

You don't need to be disappointed if you believe the price will be $100K, what will be disappointed is too focused on thinking about price speculation while you ignore the more important accumulation just to say that, if you feel you still have time before the halving arrives then do the DCA strategy now even if it is still a little longer, but that time should be used to accumulate as much as possible and the longer the better.

Maybe you got @gunhell16 wrong, but I don't, I do this in trading myself. The DCA approach is a general term in investment but traders are buying a similar idea as well in their trading. As in investments where you divide your funds into equal parts for subsequent investment periodically and at different prices to hold for long-term. A similar approach is being employed in trading as well and could be encapsulated in the money and risk management trading context.

In trading, one could have $1000 and decide to divide it into 10 equal parts ($100 each) instead of risking the whole money at once, which is a very good idea to me. I do this often and it's a great idea to be more conservative, calculative, planning and consistent in my trading approach as the market is dynamic, no one knows the trade and the portion that will be most profitable, which is why this idea is wise. Except that DCA is more popular in Investment/HODLing.

DCA is a huge name in investments, but whether it's in Bitcoin investment or trading, what is important is for the person to know what he or she is doing because some people are doing it wrongly and still saying they DCA Bitcoin. You can call it whatever you like or even pretend that it doesn't exist, so long as the person applying it does it rightly and is consistent with it, then the deed is done as it has served its purpose.

I think I will disagree with you on this, let's not misunderstand DCA strategy for a day traders because buying and selling is totally a different strategy that shouldn't be advised for beginners who just came into crypto because in as much as you feel you can get a higher profits return there is also chance of losing your capital, people who uses the strategy of buying when the price is low and selling when the price is higher tend to be panic sellers who is always afraid and uncertain of the price movement as such there is a very tendency that they can easily get affected if the price is moving against there direction, so as an investors who really understand Bitcoin and it potential, I see no reason why risking your accumulated Bitcoin to Chace the price movement of Bitcoin when the DCA strategy is here to guide you, so on the contrary DCA strategy was designed to help us minimize the risk of investment as such building us not to Chace the market price but instead how we can accumulate slowly but consistent and free from panic of price movement and with the target for holding for long.

What? Hahaha. OK, are you saying that in a recession environment and during a phase when the Federal Reserve and other Central Banks around the world are fighting inflation through Rate Hikes and Quantitative Tightening, WHICH will also cause phases of monetary DEFLATION = It's a biased take to say that there's a higher probability that prices of stocks and commodities, many other assets could crash?

IF you're saying it's "biased" merely because it was I who posted it, then that's ad hominem, ser.

the way to go about any investment platform is to not get carried away with its prospect and hope of massive returns thereby making investment that if the worst situation happens you won't be able to bear the loss. Risk is a very vital part of part of Bitcoin and having the right strategy to managing such risk makes a whole lot of difference.

That's true mate, but that's life for you, because only the risk takers are the ones who actually live outside the line of normal standards when it comes to success and wealth. Bitcoin investment is, risky, no doubt, but it's the kind of  risk that is worth involving, because if you truly understand and plan yourself very well in your journey of holding Bitcoin, then you will probably know that Bitcoin investment is the right risk for anyone to involve themselves. The world today is full of people who are actually striving to make it one way or the other and some go as far as being impatient and actually investing in shitcoins that will guarantee them profits in a short time, which to me is not bad, as it's has work for some, but I would rather risk on Bitcoin investment and wait patiently for it grow than investing in altcoins that can drain up in no time. Both types of investment are risky, but one of them is actually a foolish risk because of the tendency for everything to go wrong, which for me is a risk not worth trying at all.

You do not have to buy a whole bitcoin.  You can buy 1 satoshi... so bitcoin is not necessarily going to become too expensive to buy, even though people who got in earlier are going to have advantages in terms of how much their BTC cost as compared with people who are buying later.. so that is merely one of the advantages of acting earlier rather than waiting around and seeing what happens.


We are not talking about trading in this thread, and the overwhelming majority (maybe even more than 80% of people) do not even need to try to trade bitcoin.  They are likely going to be much better off to employ various strategies that mostly focus on ways to buy BTC, even if they employ a variety of means of buying BTC that involves DCA, buying on dip, lump sum buying and even HODLing from time to time when they run out of money to buy. 

Anyone who is knew to bitcoin or even several years into bitcoin and who are largely accumulating bitcoin should not be considering selling bitcoin as a means to either accumulate bitcoin or to be using selling as a means to attempt to buy more bitcoin. It is not a good accumulation strategy for more than 80% of people.

This is another proof that as time progresses, it becomes more and more demanding getting Bitcoin. Who will imagine that there was a time people were getting as much as 1BTC free! Then it was even easy to accumulate Bitcoin unlike now. In the future, we might even look back to today as the time it was cheaper to buy, this is a possibility and the reason we should endeavor to avoid another regrets in coming years.


Unfortunately, mining is not a cheap to start and sustain. In addition to the cost of hardware, there is cost of electricity, logistics, land/rent (depending on the size of the mining farm) and other costs that may arise in the course of installation. Furthermore, competition in that industry have increased, necessitating the use of expensive and latest equipment to remain profitable. This means that mining is not a risk-free option for those that do not trust Bitcoin.

Besides, will you spend money to mine what you do not trust? Anyone who can mine Bitcoin really trust that his business will yield profits.

You keep saying risky, risky and risky. Yes, that is something we don't want in the investments we make. In terms of experience, you already have many ways to minimize the risk of the investments you make using various methods that you have previously understood. Even though sometimes the word risk is quite haunting in our minds, we are ready for these consequences. As long as I implement the DCA Strategy, I think we will be able to minimize the risks that we will accept if it does or does not actually happen. We are ready to face whatever happens in the future.

Everyone has their own principles in how to invest in Bitcoin, whether by DCA or by buying instantly. However, I think Bitcoin investment is more profitable than the risks you mentioned. The supply of Bitcoin is limited and there is no inflation that occurs therefore we are confident that we will make a profit in the investment we make in Bitcoin. Keep buying gradually and hold on for a long time.

Holders have been using this method for a long time, whether they are day traders or long-term traders. And we have also seen that it is effective, and this is also where traders usually make money. Especially if we know how to feel the right timing of buying and selling.

Especially in times like this with bitcoin halving approaching next year and surely many hope that Bitcoin will really reach the price that most people expect it to be or that it will reach the price value of Bitcoin, which is at least 100k$ in the market, I just hope that the majority will not be disappointed, because until now, it still remains speculation.

You call Bitcoin as being risky, yes it is... but still not risky as long as one understands how it operates. Your 1 Bitcoin bought at price 64k dollars and unfortunately the market experience dip and price becomes 15k dollars you still need to be acquainted on the fact that your 1 Bitcoin remains the same as of the former price as long you do not sell due to panicking, learning and knowing all this makes me feel Bitcoin is not risky at all except we are to look from the aspect of Bitcoin trading

In my opinion, establishing bitcoin as a risky investment is a must because after all this is one of the risky investments and indeed we must be aware that it is a fact that cannot be changed but of course we have a choice with the risks that exist in bitcoin because we can skip it if we can't afford it even though it's a pity if it's missed or maybe the second option where we are ready to face all the risks that exist in bitcoin with the belief that bitcoin can be something better than today in the future by looking at the progress that bitcoin has had for more than a decade.
The choice of people who are in bitcoin now is to face that risk and consider it a process from us to be in bitcoin so that we can be at this point where we become an investor by continuing to invest in bitcoin regularly.
Make no mistake even though the progress and prospects of bitcoin are very good but we should not assume that this is not risky because when you are wrong in strategizing and wrong in understanding bitcoin you can actually get a loss from what you do in bitcoin.

Nice one brother, you know most persons get such knowledge and opportunities and still wont grab one, cant be termed ignorance at this point because i believe Bitcoin has been widely spread across. Now we are in a digital space where information, and knowledge are evenly spread and easy to access unlike before where there was poor means of passing information, so ignorance would not be an excuse to missing this era of Bitcoin Dip just before hitting another ATH

Bitcoin can't be for everybody it is meant to be that way, and who so ever wishes to partake in accumulating Bitcoin is doing so at his own benefit and those who still considers it as scam, there decision should also speak good for them

If a person still has trust issues on buying Bitcoin which is the simplest means of accumulation, how much more does he want to involve himself into Bitcoin mining, where much funds is needed to initiate the mining so it can be profitable, such person still sees Bitcoin as being risky and does not want to become part of Bitcoin owners

Small investor will face difficult for accumulating in bitcoin one day later when raising to higher price, such as with $10 investment still worth right now by daily accumulating seems difference one day later when bitcoin raise to higher price above $100k. So during get great an opportunity don't waste time for accumulating in bitcoin and keep reinvesting although with small fund due bitcoin price still under $27k and amount with $10 in daily day for accumulating worth for upcoming time when bitcoin will raise to higher price.
Don't think what happen later if have chance for accumulating right now although with small fund due saving fiat have inflation but saving or investing in bitcoin will increase or our amount investment assets in the future.

Agreed and can attest to this. Faucets 8 years ago gave away some good amounts of bitcoins, like 1 bitcoin per click or so. It wasn't worth my time then but later regretted. Such an opportunity is rarely found now.  I wont be surprise that some set of persons still lack trust in Bitcoin regardless of how it has proven itself all these years. Because in 2014/2015 people never really believed in Bitcoin they dont believe how a digital currency could be outstanding and promise a revolutionary technology in it, they all felt its one of this internet scams then, but yet these people still trust the internet system.

There are good ways to accumulate Bitcoin, if such a person still lack trust or fear of investing now then h/she can buy some hardware, setup and start mining. Those who couldn't buy Bitcoin then should not miss their participation in accumulating now or might regret later for miss.

You have a point because that's one of the issues most people that uses DCA strategy are having because in as much as they plan accumulating Bitcoin on a daily or weekly basis with amount that is sufficient for them but they still tends to get greedy while listening to speculation that talks about how Bitcoin price will reach $250k anytime soon, however affecting there psychology on DCA strategy and making them to think about any other possible way to accumulate as many Bitcoin they can so that they will have hugge amount of Bitcoin before the price gets to the targeted speculation amount and before they realize themselves they have aggressively accumulated Bitcoin using all the funds they have, and later they start regretting and by then perhaps the Bitcoin price has gone against them and will be forced to sell off the accumulated Bitcoin with lose, so we shouldn't allow greed to cloud our judgment in times of accumulating using DCA strategy even as we accumulate gradually but with we will still meet our targeted amount in the future.

There are still many people who know about Bitcoin but will refrain from investing in Bitcoin. They will be among the common penitents. Those who didn't buy Bitcoin before 2014 despite its dip now they regret. When the Bitcoin price reaches 250k it may be repeated that those who didn't buy Bitcoin before 2023. So this time should be utilized properly. By doing DCA, people of different income level can consider this small asset as an opportunity to gradually grow it into a large asset in the long term. For those who do not have sufficient money but can make some guess about the future of Bitcoin, applying DCA can be considered as an opportunity to grow the portfolio regularly and turn it into a long term asset.

It will take time some time for many of newcomers to know how to use the word "cryptocurrency" because that was what many of us heard before we arrived here. Personally, I never knew the difference until I started following discussion in this forum. Now I'm better informed even though I am still learning.

Also many people are still struggling to really understand or are finding it hard accepting the fact that Bitcoin is different from the other numerous coins out there. Time too will make them understand. Therefore, I agree with you that our focus should be Bitcoin so we will avoid many distractions and unnecessary arguments that will not help us achieve anything here. 


This notion of Bitcoin price reaching $250,000 is still complex and difficult for me to comprehend because there are a lot of factors that will make it happen. As someone who is already accumulating Bitcoin, I will wish it would come to pass, but I don't want to dwell so much in that expectations so it will not make me take greedy decision regarding my Bitcoin accumulation. I will continue to apply my DCA the way I designed it to grow at a pace that will not put me into any form of financial pressure.

DCA is a very well known strategy in the bitcoin investment world and it's easily used because the amount of risk involved is very small and every investor who has a small or huge capital can actually do because it very easy to carry out the only problem will be if the investor doesn't know what he or she is doing then actually yeild good results from the DCA strategy will be a problem.

There are so many investors that have planned to invest through DCA but have failed to meet up either by not properly planning it or going out of their plan and I think this is only problem that is faced with the DCA strategy.

With limited financial capabilities, it is difficult for small investors to invest a large amount in one purchase, hence DCA comes as a solution for investors to increase the size of their portfolio slowly but steadily. I think it's not only small investors who do this, but big investors also do the same thing, but maybe the difference is that the amount they put in is bigger than what a small investor puts in.
This is the easiest way and the best option, especially for me personally this is a very helpful way. Especially I do this for a very long term, slowly but surely with this strategy I increase the amount of my portfolio every week.