Topic: Buy the DIP, and HODL! - page 45. (Read 121781 times)

Holding bitcoin for one or two years might not really be enough to see a substantial price movement. It is always advisable to hold bitcoin for at least one circle or more to see a good price surge. And one bitcoin circle is usually 4 years. The one or two years you are talking about can be used as your accumulation stage, especially when you are buying through DCA.

As a bitcoin investor or an intending investor, your primary concern should be on bitcoin alone, you don't need to pay  any fucking attention to cryptocurrencies, fuck crypto. This is a major bitcoin discussion thread, and it doesn't make any sense to talk about crypto here. This is how some folks gets into troubles and end up blaming it on bitcoin, whereas bitcoin hasn't really disappointed any of it's investors, be it the old or new investors. And another thing is that as an investor who is in for long term bitcoin investment, you don't really need to keep your eyes glued to price movements, as it might have have a negative impact to your bitcoin accumulation journey. Buy your bitcoin as the funds comes in. Irrespective of market condition.

The only coin that should come into the mind of any investor when it comes to coin selection concerning the DCA method is Bitcoin, some investors might want to buy some Alts they feel have potential and DCA with but they're wrong cause you don't DCA using other coins but Bitcoin infact most of those other coins got short-term goals whereas Bitcoin is for long-term investment purpose and that's why it's best for the DCA method. The worst thing an investor would do to their portfolio is to buy and hodl a shitcoin then implement the DCA method on it, that's something the investor would so much regret and might even get depressed cause you'll watch it dumping rapidly at some point. This is something I've experimented in the past, I've held several shitcoins topped up after several intervals and regret was the case so I'm talking out of experience, investors should only buy Bitcoin, hodl Bitcoin, DCA with Bitcoin for investment purposes.

Coin selection before investing in DCA investment method is very important for any investor. Now if we choose one of the worst coin to invest in and invest in that coin consistently for a long period of time, we will never get success from that investment. First of all we have to focus on coin selection, when we can select the right coin then we have to make sure which method we will invest in. For example, I first considered Bitcoin as an acceptable coin to invest in and then tried to consistently invest in this coin. I have maintained my investment for several years and will continue to do so in the future.

Looking at the context I feel that this is referring to trade rather than investment and of course things like this don't make sense when lumping investment and trade together because they have differences.

Although in the end I agree with research and learning individually without having to be spoon-fed by others but when it comes to long-term investing we don't need any signals because all we have to do is buy.
Many presumptions are wrong especially when talking about beginners especially when equating investment and trading in the same situation even though in terms of the actual spirit of beginners sometimes very good when making purchases (because I also at the beginning of knowing bitcoin like that) but of course they also have to distinguish what is meant by investment and what is meant by trading because it is important so that when the implementation of bitcoin adoption is done they do not make mistakes in placing positions just because they generalize investment and trading as the same thing.

I think you misunderstood the whole thing, the person you quoted wasn't talking about trading rather he or she was talking about investing in Bitcoin and apparently you seems to have forgotten that Bitcoin is very volatile and sometimes it can take more than 2 years get to a greater level. We not here to be taking any slight profit because of market uptrend and anyone who sell because of slight move in the market is not worthy to be call an investor  and lastly, in Bitcoin investment we don't need too many research and signals because we are not traders, ours is to keep accumulating and holding for a long period.

Well.. many people, including newbies, get distracted into thinking about accumulating a whole BTC, which is bordering on retarded.. even though I know that a lot of folks get sucked into the unit bias of our BTC naming, and hardly any of the newbies knows what is a satoshi, which might well suggest to them to accumulate BTC aggressively within their own means rather than getting caught upon the idea or even the need to accumulate a whole unit.

Sure, 1 BTC is still in grasp for some normies to reach, yet it seems more realistic that most people should be figuring out various other more realistic BTC accumulation targets.. such as 10 million satoshis, or 2.1 million satoshis or even starting with a target of 1 million satoshis night well be quite reasonable. and with the passage of time, if certain lower threshold BTC accumulation targets are reached, then it might become feasible and/or reasonable to shoot for higher BTC (satoshi) accumulation levels.

Even a guy who is buying $100 per week worth of BTC does not seem very likely to be able to reach a whole BTC after 10 years of investing.. if that might be all that he is doing and if he is just starting now.. and surely, I am not even suggesting that $100 per week is a small amount, yet I am suggesting that it is important for newbies to work within their budgets in order to be as aggressive as they are able to be without overdoing it. .and many folks may well not be able to reach even close to a whole BTC, yet they are likely to be way more advantaged by having had invested into bitcoin as compared with if they had not invested into bitcoin.


Each of the BTC accumulation methods can have their advantages, yet as you suggest the poor person does not really have a lump sum option, so if the poor person ever wants to make progress, then he is generally going to be better off to be trying to accumulate BTC regularly, persistently and consistently with whatever level of discretionary income that he believes that he can dedicate towards BTC.

Richer folks, who have lump sum amounts available from the start still might not be advantaged over the DCA buyer if they fail/refuse to act.  Over the past 10-13 years, we have plenty of examples of ongoing, consistent and persistent DCA buyers who had ended up passing up their contemporary peers and even passing up people who were otherwise in a richer demographic, which was due to both their awareness of BTC and their ready, willingness and ableness to act upon their knowing about BTC.   Sure, they might not have had known about BTC with confidence, yet if they engaged in some kind of a decent investment plan that largely emphasized and focused upon BTC accumulation and/or holding, then they were well rewarded for keeping their focus in that direction.


Frequently folks (or companies) with a lot of money use DCA because DCA tends to be a better way for them to manage their cashflows and potentially they might be able to accomplish reallocation (to give a higher portion of their portfolio over to BTC) while avoiding any need to sell many or any of their other other investments.



A person who focuses on investing for less than 4 years in bitcoin is trading rather than investing, yet it does not mean that he is going to be at a loss after 1-2 years, since he likely can attempt to time his bitcoin sales to make sure that he is in dollar profits...  yet he is still trading if he wants to be in bitcoin in the long term, since he might be wanting to buy back cheaper and he also might be unlucky if the BTC price keeps going up and he does not have any BTC.  We cannot be sure the extent to which he might be profitable or losing in the short-term, and neither does he, yet he takes his chances with trading, which an investor is not taking those same chances, even though investors are generally expecting the BTC price to continue to go up in the longer time-line of 4-10 years or longer. 

Surely there are some traders who are going to be able to beat bitcoin investor returns, and sometimes they will beat such investor returns in the long term too, yet those kinds of traders are not very common, especially since bitcoin has been such a great investment, it seems a bit retarded to be trading it, even though a lot of traders do trade it and have tended to lose in the long run as compared with investors, and there no real signs that bitcoin has weakened as an investment asset, even if the extreme of its price slope has lessened.

Some folks who are trading call themselves investors, and they may well be trying to build up their trading portfolio and they could even be setting aside some of their capital in an investment way, yet many times they are not really investing yet trading since they are continuously aiming to earn yield from their capital, which may or may not end up working out very well for them, especially in the context of such an otherwise great investment like bitcoin. 

People can do what they like, even though we are not talking about trading in this thread, members will sometimes get tricked into believing that we are talking about trading or that buying the dip has some kind of a preference to sell in order to get short-term dollar profits, so surely sometimes we are battling over definitions and also some people lose their patience with just employing various techniques to accumulate, and for various reasons they frequently are excited to take some profits rather than just seeing their wealth go up "on paper."

There is no benchmark or limitation regardless of low or high income when wanting the DCA method as an option then anyone can do it so do not become a reference where when we have a low income then we must do DCA and higher income we should not do it. In addition to this, do not be too dependent on the price and amount owned because it is necessary to realize that when we invest in bitcoin, whatever method is done, this is not a race for who can reach 1 bitcoin first because it is precisely something like that that makes you a little pessimistic when you don't reach 1 bitcoin so in this case do not be too fixated on the amount, do as much as you can because this is not a race but this is a hope that we have a more secure future, especially in financial freedom.


I agree with the last part which says that bitcoin allows as an asset that will always increase in value in the long run but in this case we must also try to create a situation so that we are not burdened because after all as a hodler we must understand how hard it is to do this because there are always some temptations that occur so in this case when taking the method that we will choose in investment then think carefully about what we will do so that in the end the initial plan that has been arranged can run well even though there must be some changes over time because of the results of the most important evaluation in this case we do not feel In this case when taking the method that we will choose in investment, think carefully about what we will do so that in the end the initial plan that has been arranged can run well even though there must be some changes over time because of the results of the most important evaluation in this case we do not feel burdened by the investments we make by understanding all forms of risk and holding firm beliefs for bitcoin.

The best timeline for bitcoin investment should be from 4-10 years and above and not 1-2 years because that is no longer investment but trading and the chance of you running at loss will be higher. The purpose of investing in bitcoin for long term is to enable you build and grow your bitcoin portfolio overtime with DCA method and reduce the risk of losses because bitcoin is a volatile asset and you should not see it as a means to get rich quick, otherwise you will miss the opportunity of having a good size of bitcoin portfolio for the future.

A new investor does not need to buy bitcoin and wait but he should keep on increasing his bitcoin portfolio bit by bit by buying regularly with DCA continously, persistently and consistently so that he can reach or get close to his bitcoin target quickly.


You should be specific with word bitcoin so that you don't mislead newbies for them to think that altcoins are also worth investing and hodli for a long period of time because it is not true. From what you said above, it shows that you are talking about trading and that is the mindset of what you have because a new investor does not need to care about the price movement of bitcoin since he is only accumulating for long period and will not sell.

Trading should not be seen as a way to increasw your bitcoin because it will only make you destroy what you took your time to build and will deprive you from reaching a certain level in your bitcoin investment.

You are sounding more of trader than an investor, because as an investor you don't have to rely on how does things you just mentioned when accumulating, though is good to follow with latest updates about the space , but don't focus on the market trend when it comes to bitcoin investment, your main goal is how to secure a better bitcoin investment, by accumulating enough stashes and keep it safe in order to hold for long-term.

And this thread is not about trading , is all about holding Bitcoin , so they are thread for trading but is not this one . So focus more on building a better bitcoin stash.

Well said, if you are lazy or smart at the same time then better approach is to buy bitcoins and wait 1-2 years and increase your investment. There are a few things you can watch out for when buying or selling Bitcoin. May it be market trends, know about cryptocurrencies, keep an eye on price movements, any major developments in the industry and set yourself some clear goals.

I think, of course, it's always better to do our own research and not just rely on some other signal. In this regard, I personally find Bitgate's trading signals to be an important aid in making informed decisions regarding Bitcoin.

We can expect that, in about two years, an uptrend in Bitcoin will occur again, and you will be able to sell your Bitcoins then.

I cannot agree with you. DCA is suitable for both low income and high income groups. DCA has many benefits. One of the benefits is the opportunity to buy when you can, turn small capital into big capital, and reduce risk. I consider DCA universal. Never consider DCA for just one group. It is universal, anyone can invest in DCA strategy. Do you know many big companies in the world invest in DCA method? Do you think they don't have the money to buy a lump sum?

They must have money. Although I cannot tell the full purpose of investing in DCA method of these companies, but as far as I know they invest in DCA method to reduce the volatility of Bitcoin price. Earlier I wrote about this topic in which the names of world famous companies are mentioned which companies invest in DCA. Below is the explanation.

I would say this is the only way for them to accumulate BTC when they don't have lump sum, well there are many ways that someone can make huge money in short term so they can convert their small capital to big one like investing on a random shitcoin and make 100x over night or maybe by winning a lottery but those all are just not gonna happen to everyone.

So as an average person who understands that bitcoin has the potential to grow but they don't have the risk tolerance of investing big then approach small steps is what the DCA is all about and in over the period of time they will be having an portfolio value that they never dreamt of before so no matter what keep accumulating coins.

Actually there are people who does that, they just invest a huge amount of money in bitcoin in the form of lump sum and they don't bother buying again while waiting for their maturity date. There is really nothing wrong with that but to get the most out of the investment it is good to follow it up that investment with continuous buying to make the most out of the investment. While you are waiting for the maturity date of your long term investment, there are going to be some up and down trends in the market, and you can capitalize on them and make the most out of your investment.

There was an illustration that @JJG gave here some time ago about two investors, who invested in bitcoin with same maturity date in mind. Investor A got 27 bitcoin at an average cost of $100 to $300 or something there about, while investors B got 33 bitcoin or more, I can't really remember the exact figures currently. Investor B got his bitcoin at an average cost of $800 to $1000. They both have the same holding period. He asked which investor would we rather be and most people including myself said investor B. At the end of the day @JJG said the difference between the two investors is that investors B followed up his lump sum investment with a continuous buying while waiting for the maturity date, but investor A didn't follow up with continuous buying. So at the end of the holding period everyone admired investors B. That's what continuous buying through DCA does to lump sum investment. While you have invested through lump sum, it is best to follow it up with continuous buying, no matter how little the weekly or monthly DCA amount might be, at the end of the holding period it will be worth it and will be better than someone who just lump summed without following it up with continuous buying.

What he's saying is not a bad idea, both the DCA and lump sum strategies are all good ways of investing in Bitcoin and he is saying that if he had enough money to do the lump sum (buying bulk) he'll prefer that to accumulating a certain percentage of his income weekly or monthly but that doesn't mean he'll just buy once and not buy again, if he's very wealthy enough, he could buy bitcoin worth millions of dollars then he can buy again after 2-3 months interval, I consider that a good strategy too given that there's no point for an investor to stress themselves overthinking of buying repeatedly weekly or monthly since they've already bought far beyond the current price of Bitcoin and could still top up their portfolio after several months like 2_3 like I said earlier so far they're wealthy enough to keep up. It's only when he buys once using the lump sum strategy and stops buying again cause he feels he's bought beyond the current price of Bitcoin that I'll consider not a good idea. Well it's also reasonable to do the lump sum when an investor has enough for it and also continue doing the DCA after that, I think it's a matter of choice and not compulsory that an investor must combine both the DCA and Lump sum strategy.

I think you should understand that it is almost impossible for you to arrive at the amount of Bitcoin you want to have in your portfolio once, let's get the record straight, a bitcoiner thats making use of DCA method to accumulate bicoin can also buy in lump when he or she has gotten a big amount of money that he doesn't want to use for anything at the moment and if kept just like that, it might be used for unnecessary expenses such investor might decide to use such fund to buy in lump sum but that doesn't stop him or her to discontinue using DCA method or accumulating Bitcoin, Bitcoin acumulation is a continuous process and with the little I know, buying Bitcoin to the level of your satisfaction doesn't come in a twinkle of eye, buying in lump sum does not stop you from continuing doing the needful instead it should be a motivation for you since you are now convinced that you a good fraction of Bitcoin in your portfolio.

Don't be relaxed because you bought with an amount that's beats your imagination,  you should understand that people that buy in lump don't stop buying, they buy when the have the amount to do so and there is no specified time to buy in lump sum, investors buy in lump anytime they have the funds to do so and continue acumulating with the method the use in accumulating gradually, steadily with what they can afford without giving a break and keep hodling for a long-term

Basically the investment depends on the investor, an investor can participate in the investment depending on his financial condition. Maybe a low-level new investor is good enough to invest $90 per week, but if you push him to invest more dollars, he will be greatly oppressed. And he will not be able to sustain the investment for a long time as per DCA method, he may be ruined later.
 Therefore, regardless of the amount of money, the investor should invest as much as he can on a regular weekly or monthly basis, then he can sustain his investment for a long time and later he can accumulate more bitcoins.


People who invest in different places because of some extra greed usually lose money. Because it is only worth investing in Bitcoin according to the DCA method, and it is not worth investing in all the rest because the market is more likely to be destroyed at any moment. But Bitcoin is the only reliable one that has survived the market reliably for a long time, and the price of Bitcoin has touched all the way from the lowest to the highest. Therefore, no matter where the DCA method of investing in Bitcoin starts, there is no possibility of loss, as the portfolio will grow if the price of Bitcoin rises in the future.

Your understanding is quite different from the point JayJuanGee highlighted on his post because if I can remember correctly he was clarifying you about the various accumulation strategies because you were mixing up the strategies and still after reading your post you are still mixing up things by getting yourself more confused the more, however I'm curious to no what you meant by having a separate portfolio, do you mean that your plans is having a seperate portfolio for each of the strategies?, don't messed up your investment do to lack of proper knowledge about how each of those strategies works.

I wonder why you would even talk about having diverse investment portfolio when you have not even been able to to arrive at your "Fuck you status", and even if you have arrived at that point there is no need getting a separate one since you already have an existing investment, so instead you can continue adding more.

For me I consider that argument to be an irrelevant one because everyone has there definition of a huge amount, so let's take for instance somebody who has $1k and claims to have a very large amount, do you advise such person to stop accumulating Bitcoin for years after investing the money?, is actually obvious that the argument will have a negative effect on people towards getting to there "Fuck you status".

I believe that DCA method to accumulate Bitcoin is best suited for average and low income earners who doesn't have a lump sum to buy in dip and relax for as long as they want, probably in years. The price of 1 BTC can be a discouraging factor for those that can not afford it so the best strategy for them to accumulate and grow their bags is to choose a feasible method and their is no better way than through DCA. Someone can argue that if you have enough money to convenitly buy a large amount at once then what is the essence of stressing yourself to do DCA every week or monthly. For people with huge amount of money to buy at once, what they will concern themselves with is the right timing to buy. With the accurate knowledge of Bitcoin the investor will know better to buy in dip, hodl and wait just like any other hodler. Investors with lump sum that understands Bitcoin seasons can choose to wait for a full circle that will lead to another bear run and accumulate again during dip. The difference between the regular investors that adopts the DCA method and those that buys with lump sums is that the former buys in Satoshi according to what he can squeeze out from his income while the latter buys approximately 1 BTC at once because he can afford to. The common ground for the person that does DCA method and the other person that buys with lump sum is that they aim to have sizable amounts of Bitcoin to enjoy returns on investment in the future. Whichever method an investor chooses according to his income whether DCA or buying at once with a lump sum they both have the believe that Bitcoin as an asset will always increase in value on the long term.

It seems you are mistaking the buy Dip to lump sum because in lump summing investors don't necessarily need to wait for bearish before they buy. Lump summing simply means buying in a large quantity regardless of the market condition but it will be an advantage if an investor lump sum during the Dip and people who see this method as boring are investors who don't have enough funds to..., just like me I don't like the lump summing because I can't afford it that's means it is boring to me. But the reason why I like it is that a figure one will buy a day can take some investors who is using the DCA method a month if not year(s) to accumulate.

I don't think that is what JJG meant, I guess what he meant is that you seems to know the investment strategy but you are mixing up the explanation not mixing bitcoin HODLing. Your explanation here is not corresponding.

Surely DCA method is an effective investment approach but not only for beginners but for all who want to Invest effortlessly and tiredlesly without thinking about the market fluctuations, and aims to accumulate regularly to get a sizeable amount for a specific period of time. Although  lump sum decition should be made when there is money readily available but should be done wisely.

It is good to speed up our bitcoin accumulation process when there is money, but like I said it is good we apply with caution. You know one of the worst investment approach is to Invest aggressively and later sell your stashes down the road. One of the way to use such a fund effectively is to divide your fund in orderly manner. For example if a person is fortunate to have received $3k as a bonus from anywhere he should divide it into 3 part, $1k for buying at each dip, $1k for lump sum and $1k as a descretion fund to buy a regular DCA. My explanation may not be the best but I think it's one of the ways to use fund that is received unexpectedly to avoid investing at ago and later sell your stashes due to lack of proper planning.