Topic: Buy the DIP, and HODL! - page 388. (Read 123399 times)

It is also not wrong if they act aggressively in accumulating Bitcoin because every time there is a decline, investors or those out there will buy large amounts at moments like that. Like at $20k of course many of us may act aggressively at that time and wouldn't that be to make the best of the downturn. Yes, every action is always thought out from the start of every decision they make and it could be that they act aggressively not at the start of their investment but have already gone through several stages and they do it at a higher level.

Fund adjustments must be thought out as best as possible so that chaos does not occur when our economic situation experiences a downturn at some point. Therefore, they have certainly thought about planning and saving emergency funds or untouchable dead funds. And in my opinion, whether they act aggressively or not, the important thing is that they can Holding and that is the most important thing at this point.

It will be stupidity for anyone to act aggressively in Bitcoin accumulation, without a solid emergenc funds or financial balance as you have said. I think that is actually building a house without a foundation, and you and I know that such building will not last. It is not just in Bitcoin investment alone but it's applicable to other forms of investment. I also understand that there are scineros where someone can decide to invest more in a particular month and chose to invest less in the next month. No matter what we choose to do we must make sure that our daily life is not affected so we don't have to tamper with our investments before maturity date.

I don't really understand what you mean by excessive here, are you trying to say that there is something called excessive investment? I haven't heard of that. We all have accepted the fact that aggressive investment is fine provided that the investor has efficient emergency funds readily available. I don't quite agree with you that aggressive investment in Bitcoin will make the investment excessive, as there are no scale to measure it to know it it's excessive or not.   

Congratulations to all Bitcoin holders on what is happening in the market now. Do you know what interesting feature I noticed?
Since October 9, the weekly chart has not recorded a single red candle. Recoilless growth - all candles are green. On October 9, the price was 25k.
1) And it’s interesting that in 2020 something similar happened: from December 20, BTC went from 19k to 42k, and only then did it begin a correction (remember that I’m writing on a weekly chart)
2) And in 2017 also: from November 20, the non-recoil growth was 6k to 18k.

Following this logic, the price is now flying to 50-75k.

Maybe this is due to the fact that Christmas optimism awakens in people during this period, I don’t know.

I understand that the Internet is full of similar observations, but I want to believe in the price increase, it was a difficult year and all BTC holders deserved a small miracle

True, all individuals have freedom in terms of choosing the way in the investment approach they will take on Bitcoin, there are no restrictions and no one regulates you except yourself, whether you will be aggressive or remain normal as usual in your investment approach basically it is all up to you and your own choice which means only you yourself know what is best / safe for your journey of involvement in bitcoin. On the other hand for those who act aggressively but do not have a good balance or finances in their finances it seems that I would be a little suspicious of them in terms of the purpose of their arrival.

On the other hand, aggressive has the equivalent of excessive, and something that is done excessively usually has a goal that makes less sense behind the scenes, and if there are some who are involved in bitcoin bringing scenarios like this it looks like they want something instant or the meaning of reciprocity that can make them feel satisfied in a short time. Can you achieve the results according to your expectations? yes maybe but do you have a very good understanding and knowledge of bitcoin? maybe yes and maybe no, planning and behavior like that makes me keep a little question mark. Another thing is that I quite agree with your idea @JJG that if we want to do a fairly / very aggressive way of approaching bitcoin that means we must have something that can sustain our real life or that means having prepared an emergency fund that will keep you okay during your involvement in bitcoin, and do not let your aggressive approach not be the result of careful consideration beforehand because obviously it will only worsen your situation and living conditions.

I think this DCA strategy of Bitcoin accumulation is mostly adopted by low-income earners because it will guide them to accumulate Bitcoin at different prices and the DCA strategy will also control the volatile part of Bitcoin in their Bitcoin holding. Also, the DCA strategy will allow them to freely invest in Bitcoin without having difficulty solving their financial issues because they are investing 10% of their salary in Bitcoin weekly or monthly.

No offense taken, thanks for pointing out this to me and I will do what is right and  make the necessary adjustments and possibly visit the threads you have suggested. I really appreciate. Open rebuke is better than secret love.


I agree that there are several valuable perspectives here that can assist those who are unfamiliar or confused about how to invest in the upcoming cycle. Time is running out for accumulating, and these insights can be beneficial. It's a reality that newcomers often don't start with holding Bitcoin. While they might enter the market because of Bitcoin, they are often drawn to Altcoins. This truth might be uncomfortable for Bitcoin enthusiasts, but it's a sentiment I think many here may disagree with.

Having experienced two cycles, I understand that for long-term goals, holding Bitcoin is a solid strategy. However, I'm not too rigid in my approach. I don't overlook the rest of the market and still allocate a small portion of my capital to invest in other opportunities. It's about finding a balance and being open to various possibilities in the ever-changing crypto landscape.

A person should try to understand, analys and make a good decision on how and when to enter the market. At most time DCAing is favorable but still at a point where you feel that there is a current dip and entering  the market at that time will give you much profit than buying in fraction, it is ideal to accumulate more and more and that point.
Sometimes you need to alter your stretegy to achieve something better, like for instance due to the current price of Bitcoin, we all know Bitcoin is start making the bull run and is not just going to go up once it might decide to still go down below $40k now seeing the market go below the current price in hands with it's volatile nature, having a lot of spare funds with you instead of you waiting for the specific interval set for DCAing, because the price might go up while waiting for the specific day to accumulate, it will be very good if a person can buy there at that price, there by giving him better percentage profit of his investment

Of course, we have a lot of latitude in how we choose to invest into BTC, and I think that would be my main concern with anyone who is going to approach BTC in what seems to be a more aggressive than typical way is to make sure that they have a pretty solid emergency fund.. .. So in other words, the more aggressive that we are, the more important is that our emergency fund is solid.


He just needs to edit his posts and to remove one of the open quotes ...  this part [quote.] ... , and then his quoting should come out correctly.

Who’s buying the current dip? I am ~30% dippage on the previous ATH

DCA'ing most not be for everyone but to those who are yet to take a final decision to buy at a go without having the mind of doubt that it may go dip or higher at this point such person(s) may decides involving themselves with DCA. Then if you think the price won't come down or won't dip anymore and you have the available funds to invest then buying at a go is also better because if you don't buy at that point you would end up regretting maybe you have to wait till further noticed when bitcoin price dropped to price you missed.
Lets take for instance, first week of last 2 month if someone purchased a bitcoin at a go without doing DCA don't you think such person could have made about 5 to 10 percent of their investment? Yes this is true but the person who is doing DCA may not have that profits because s/he ends up accumulating very little fraction of it.

You're making me look bad buddy as if I'm saying that there's no need to learn in bitcoin even though we're in it.
What I mean is that we don't need the whole of bitcoin because we only need the basics to get started. as for after starting to be in bitcoin we learn further to increase the knowledge we have in bitcoin so that we can run investments that are run in bitcoin while continuing to learn bitcoin.
This is intended so that we don't have to wait long and lose momentum to be in bitcoin because in the end when we only focus on learning bitcoin without taking action in investing what we have is just an understanding and theory but not accompanied by practice that can make you more able to understand because the experience of running practice and talking about theory alone will be very different in terms of results.

Knowledge is important but to start being in bitcoin and investing in it we don't need to master all aspects of bitcoin because in the end when we have started the aspects that exist to support being in bitcoin to make it even better we can find it on the way in the process.

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Friend @Justbillywitt I'm confused by your quote and you should take a look at the rules written at
Beginners & Help


or maybe some threads like

Unofficial list of Bitcointalk.org rules, guidelines, FAQs
Beginners - Read before posting

Because the quoting you did was not correct and I looked at your post history partly the same there were some mistakes in quoting.

No offense, I'm just reminding you.

I don't think JJG had a problem with my earlier post where I said I was buying with 50% as lump sum, 30% DCA and 20% dip. He was even in support of the approach provided I have my emergency funds available. I think it was you that didn't properly understand my initial analysis.

You are right though. I should have understood that investment is base on individuals differences and self decipline. What will favour Mr A will not favour Mr B.  My plan and your plan might not be thesame but heading towards thesame direction.


I think your fact was not hypothetically explained. Just as JJG has explained. Perhaps if it were explained in detail, it wouldn't have been misunderstood. But any way I fully understand what you mean.

Every investors has his or her plan of investment. So you can't really determine what is an aggressive investment. Provided I have my emergency funds that I can always rely on I don't think I have a problem of investing 50% of my salary. What is important is that I don't have any pressure on me. Nobody invest and forget he/she will eat. What is important is to invest according to your capacity and your level of income. If I earn $1000 as monthly salary and invest %50 of my salary I will be fine with the other balance left. So are you going to call that aggressive investment? Someone earning $100 monthly should not copy my mode of investment and invest $50 of his salary. This is why I said every investors should invest according to his capacity and level of income.

Are you lump summing because you have plans to sell your bitcoin that you bought so soon, if it is so then this is a wrong investment strategy. I thought that you are lump summing to increase you bitcoin portfolio and reach your bitcoin target faster like you mentioned above. A low income earner that just want to start his bitcoin journey will not be able to lump sum and such investor should only stick to DCA in other for him to plan his investment and financial life properly. However, an investor with various means of cash inflow or has fat income can use the three strategy if he has already made plans for them

Not only those with steady income alone can adopt the DCA method, but everyone. This is because there are some people that they are contractors or get paid twice or thrice a year, Such people can also use DCA because after, they must have removed their emergency funds and their up keep funds for the period that they will get paid again, also after keeping reserve cash, any amount left can be use for DCA either upfront or weekly or monthly. Only the people that can't use DCA method are people that don't have any income i.e jobless or the once that their income can even meet up with their needs. But such person can still get a second job if he is really interested to invest in bitcoin and hodli for long.

Bukele understands the power in using DCA method to grow your bitcoin portfolio and that is why, he used it because it is not a burden on one's financial life. This is why newbies are adviced to use the DCA strategy to increase their bitcoin portfolio with timeline. Bukele will be happy for adopting the DCA strategy to increase his country bitcoin holdings.

I don't disagree with anything that you are saying Justbillywitt, but in your last couple of sentences, you are fighting with the hypothetical.

If we say that you have decided to spend 50% of your income in bitcoin, and you agree that your income is $200, then that would be $100.  So yeah, it is up to you if that is manageable or not based on your situation, and hopefully you have an emergency fund too.

If you add $40 to your income, then your income went to $240.  It did not stay at $200, so if you are still investing $100 into bitcoin then that would no longer be 50%, it would be 41.67%.  If you want to continue with 50%, then you would have to invest $120.. based on that exact example.. if you add a side income, then you have added to your income, and lowered your percentage into bitcoin, unless you also put 50% of that into bitcoin, and sure a lot of different variations are possible, but you should at least present your hypothetical properly and not claim to be investing 50% of your income into bitcoin when the facts that you describe show that amount to be 41.67% when we account for all of the actual income.


The more pure idea of lump sum has nothing to do with whether the BTC price is high or low, and part of the idea is that if you receive some kind of extra money or cashflow (or after you go through your finances, you realize that you have an extra $1,200 that you did not previously realize that you had available for bitcoin)... So right at that time, you decide what you are going to do with the extra money that you suddenly have.   

So you could do what Justbillywitt decided to do:

1)  $600 (50%) into buying right away (that is lump sum).  Lump is based on the price right now.. .. right at the time that we know that we have the money in our bank account or whereever it is that we know that we have it... and we do not know if the price might happen to be high or if the price might happen to be low.. we are going to decide are we buying now or not... .. if so then we are lump summing and if not we are putting it into a different category... which might might be buying on dip or DCA.

2) $360 - 30% into DCA.   Thus, choose your time period.. maybe over a few months or maybe over a few weeks.. or maybe even over 6 months, even though over 6 months would end up being a pretty small amount per week ($360/26 = $13.85 per week), but if it is merely adding to a DCA that you already have, then it might be a practical option to just add that additional amount on for the next 26 weeks.

3) $240 - 20% for buying on dips.  Again, if you already have a buying on dip system in place, you could just add the $240 at various points.  Let's say that you already have a system in place that starts from $37k, and buys $60 of BTC every time the BTC price drops $1k, and so maybe you decide that you are going to add the $240 into 6 parts onto existing buy amounts, or maybe you decide that you want to add 4 additional buy on dips at the bottom of the amount that you have already have set and if your buy orders only go down to $30, you decide to add 4 more buy orders of $60 each from $26k to $29k.  Yes.  I understand that right now buying on dips seems a bit crazy... but these may well be some of the trade offs that go to show that buying on dips is not always a good idea for beginners still establishing their stash, but it might work better for someone who already has a larger BTC stash level, relative to his goals.


The mere fact that the BTC price went up in recent times does not hardly prove anything, except that the BTC price went up, so any BTC that you bought prior to it going up is in profits.

Big wooptie doo.

If you lump sum buy at $26k and then you sell at $42k, then you would have made 60% on your investment, and it would show you that "trading works."   

Still a BIG SO WHAT.

If we are talking about long term investing in this thread, sure no problem appreciating some of the short term signs that we are on the right track, but still does not resolve a variety of dilemmas that guys likely still have when the BTC price jumps around so violently, then they are faced with dilemmas about whether to buy BTC right away.. DCA'ing and/or whether to wait for dips... and especially newbies have dilemmas over these kinds of matters, and get tempted to sell so that they can buy back cheaper.. which frequently causes more stress than what it is worth..

Actually, I find the ones who had been investing with a DCA style for the last 2-3 years to be much more convincing, and they might even be saying that they had been building their BTC holdings for the last 2-3 years and finally getting into profits. .and that is much more convincing than the mere fact that any of us might have bought coins low in any particular dip (or prior to a recent rise in BTC prices).


Surely any of the folks (whether governments, institutions or individuals) would be starting to show quite a few payoffs for any consistent buying of BTC, even if they might have front loaded some of their investment at higher BTC prices... so the persistence will be part of the ways of getting payoffs... but since our dip was so severe, especially between about June 2022 until about January 2023, there were likely quite a few folks who were having trouble in terms of both having money and to have enough confidence to continue to buy BTC during those times.. .. but surely almost any amount of ongoing buying of BTC would have had contributed towards putting that government, institution and/or entity into a good position....

Of course, Microstrategies has been the most transparent in this direction, even though their average cost per BTC is still quite high.. around $30k, but seemingly quite solid in terms of overall financial position.    Bukele has been a bit more obscure about the investments and also the last time that they were showing averages was in the $40ks.. but if he/the country had been buying 1 BTC per day of the last year, that would have brought down their average costs a bit.. but still no real reporting on the matter.. especially as compared with MSTR.

I may not prefer using DCA as a strategy for buying Bitcoin, but obviously El Salvador's DCA under the policy of Nayib Bukele is starting to produce dividends. Does anyome know what the average cost of ther investment is? I believe surging to a new all time high would make that about 2.5x, no?

If Bitcoin surges more to a six digit valuation, then some of the other Latin American countries would probably start proposals to DCA Bitcoin. Bukele front-ran all of them.

A little personal appraisal

Bitcoin have once again shown its hands by breaking $40k price point. Now let's be more practical about it. I joined this thread around early August this year and met the DCA method of Bitcoin accumulation as the dominant discussion. I jumped into it and decided to apply it weekly starting from when Bitcoin was around $26k. As of today, I have confirmed that I have recorded over 25% gain in my entire portfolio without feeling any financial pressure as I was living my normal life, meeting my financial obligations yet setting aside some portion for Bitcoin, this has grown tremendously. The DCA method is a wonderful approach that those who have steady income can adopt, the advantages are just so many.

Anyone still doubting Bitcoin as of now should have a rethink. We might see something so significant in the next bull run because it is obvious there is a growing interest in Bitcoin. Those waiting for the bull run after halving might be wrong this time.

All what you have said is true,  I really do understand what salamuh is trying to say, that you shouldn't invest angressively. Investment should be base on how you invest without having second thoughts of selling your coin when there is problem. You have narrated everything that you dont have kid or family. For that reason you can do it fine. What if there is no $40 weekly payments business how would you also cope? Because you talk base on absumption and you are not really sure. For me if you are reacieving payment like $200 according to salamuh absumption, what I will advice is to reduce it from the %50  to %25  Eg salary $200 ÷ 2 = $100 the first $100 is for taking care of your responsibility or reserved fund. while the other $100 ÷2 = $50 each, you can use $50 for DCA $25 for lump some and the other $25 for buying dip. I think this will reduce the stress of depriving yourself of some certain things all because you want to meet up target. Even as we are trying to accumulate, we should know that all our efforts is to survive and puts food to our table. If you deprive yourself of something's thought it wouldn't hurt you that moment but later you will realize that some things need to be fixed at the write time. In other not to affect your bitcoin. For example somebody who starved himself because he want to accumulate btc and later have a stomach ulcer, you will still need to sell your accumulated btc to treat your predicament.