Topic: Buy the DIP, and HODL! - page 79. (Read 129617 times)

There is no need to study bitcoin in any kind of depth prior to getting started investing into it, perhaps beyond just considering that bitcoin has decently good chances to go up in the next 4-10 years or more.  The other thing for the investor to study is a mere conclusion about whether he has any disposable income or not, which he should already be able to assess whether he has an extra $10 or $100 or $1k or whatever might be his initial investment amount, and so from there on out if he starts to buy bitcoin on a weekly basis, he can get his cashflow management in order, which sometimes can take a while to get into a solid and strong place, and he can study various aspects of bitcoin at the same time.


I agree with you here.  There are so many folks who are overly excited about $100k.  Sure, it is a nice round number, yet at the same time, it remains quite overrated as some kind of a stopping point or some target that is really meaningful in the whole scheme of things.


That is not true.   Lump sum does not have to be employed on the dip.  If you believe that lump sum has to be employed on the dip, then you don't seem to know what lump buying is or how it differs from buying on the dip.

Sure, you can choose to allocate some lump sum for buying on the dip, yet there are disadvantages to any waiting strategy in terms of how much of a dip you are wanting to get and/or how long you might want to wait for such possible dip that may or may not end up coming.

Whether you employ buying on the dip or not with the lump sum that you have available may also depend upon how much BTC you have already been accumulating.  If you are brand new to bitcoin and you have no bitcoin, then you would likely consider the matter differently as compared with someone who might have had been involved in buying bitcoin for more than 3 years.

And even with you, laijsica, potentially you have been involved buying bitcoin for 7-8 months (based on your forum registration date), you might not be advantaged by waiting for a dip versus just buying right away if you wre to have a lump sum amount of fiat come available to you.

Let's say that either a brand new person to bitcoin or you, suddenly came across $6k that he could completely authorize to invest into bitcoin.  What is that newbie bitcoin going to do with that money in terms of how to accumulate bitcoin?  What are you going to do?  You have three categories to consider, which is DCA, lump sum and buying on dip.  Sure, you can combine them, yet they are still three separate categories to consider, and the answer is not obvious since there are advantages and disadvantages to each of the three BTC buying methods. Maybe if someone is confused, then as a default starting point, he might consider to divide the money into three equal amounts $2k to each of the methods... yet surely his own particular circumstances may well make a difference, such as if either he had already been buying $100 per week in BTC in a DCA way and/or if he plans to continue such already existing $100 per week DCA strategy, the considerations of how to treat the extra $6k should be considered within such context, but also within the context of considering all of the guy's 9 factors.


At least it seems that you understand the three methods, even though you seems to be conceptually mixing them up at the same time.


That is a fair assessment if you already are within a dip and you receive the extra money.. yet if you are not in a dip, then lump sum buying would include deciding whether to buy right away or if it is worth it to wait for the dip with such money, and of course, you do not necessarily need to allocate the full amount to whatever decision you end up making.


I would say that you are correct in the sense that if a guy has strong cashflow management systems in place, which would include having sufficient levels of back up funds, then he is in a stronger position to invest more aggressively into bitcoin with any potential extra income that he gets currently or in the future.  If his cashflow management and backup funds are not in a good position, then it well could be a good idea to use some of any current or future discretionary income (whether regular salary or some lump sum amounts that he might receive) to put his back up funds into a better position, and sure, since money is divisible, he can build his back up funds and his bitcoin holdings at the same time... so then once his back up funds are built to a sufficiently stronger place, then he would be able to invest into bitcoin more aggressively from thereafter with his future income or any income he has coming in... of course, the discretionary portion of the income (the part that is beyond what is needed for his expenses).


By definition, lump sum allows buying right away, so whether that is held in order to buy on dips, then that would cause it to be buying on dip deferral, or it could be deferred to buy in a DCA kind of way.. but yeah, if it is used to buy right away, then that becomes an option too, whenever anyone might receive a large quantity of cash that might not have had otherwise been available.

In terms of investment, lump sum investments may be useful for an investor when the market is down and he has excess money supply at that time. Waiting for a dip in the market to make a lump sum investment seems nothing but foolish to me. Because we can't say anything accurate about the market as cryptomarkets are associated with volatility. If we have cash, why should we wait for dips and stop investing regularly? If we have a guaranteed source of income for investment, we will be ready to buy immediately, and even focus on buying bitcoins in any market situation.

So that Bitcoins are constantly accumulating and growing in our investment portfolio. Investors simply waiting for dips to invest can hinder their investment. As we have seen the top bitcoin holders in the world never wait for a dip in the market they do not hesitate to buy bitcoins whenever they have cash flow. Their only goal is to buy bitcoins at any price and increase their bitcoin investment or bitcoin holdings.

When it comes to buying Bitcoin using the lump sum strategy there's no right time those that use lump sum strategy don't wait for any dip or time if you are waiting for a dip or any right time then what you are doing at that time is not lump sum anymore, in lump sum strategy when you decide to buy using lump sum strategy you don't care if there's a dip or good market condition you just accumulate and hold and that is what lump sum is all about.
All strategy is good, it all depends on a person I know of a big business man he said he does not have time to be accumulate Bitcoin week or monthly because he has other business his run and may even forget to accumulate some weeks or month if he uses DCA strategy because of his busy schedules that lump sum strategy is better for him, So everyone should do what works for him or her.
And you saying lump sum strategy is boring is not correct anyone who has other business he or she is running won't see it as being boring don't generalize something base on your own perspective.

You are misunderstanding lump sum buying with buying at the dip. You don't need to wait for bitcoin price to dip before you can lump sum. Lump sum means buying right away no matter the price of bitcoin at that moment. For example, if I am DCAing with $100 every week and it happens that I got extra cash like $500 that I am not expecting and will not be needing at all for my expenses since I don't expect to it or work for it. Maybe, it was given to me by my Boss for motivation at work, if I buy bitcoin right away with $400 or all the $500 is what is called lump sum.

If you keep the money till bitcoin price dips before buying, you are buying at the dip. What if the dip did not come, it means that you will still be keeping the $500 waiting for the dip. I hope that you can see the difference now. Lump sum is good for you to mix it with your ongoing DCA buying in order for your bitcoin investment to grow faster.

The method of buying in large quantities at once requires the right time such as market conditions in a Bearish phase and a large amount of money. For me, this method is very boring because it takes a long time to wait for the market to correct. However, DCA offers a solution without causing problems, investors can invest at any time with any amount without having to be tied to market value. This method allows investors to accumulate Bitcoin at an average price over the long term, while also avoiding the stress of trying to predict volatile market price movements.

Yes in terms of investment lump sum investment can be very useful for an investor if he has excess money supply but he has to choose the right time to do it like dips price trend. If you don't get suitable bearish then you can start depositing bitcoins with DCA method and if you get low price of bitcoins during deposits regularly then lump sum buy may be more useful for you to get more holding in less time.

I think a typical Bitcoin investor would tend to buy in bulk when the price dips while staying with the DCA method. Although it totally depends on his financial capability. By having a backup fund for invested assets and managing it for the long term you can get a lot of bitcoin holdings. Lump sum buy for assets such as Bitcoin allow an investor to acquire larger holdings over a short period of time.

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No need? But there is! We can't be uneducated fools who merely HODLing Bitcoin. Although, it's true that Bitcoin to six digits is "programmed", but we need to research, READ, be informed.

Plus to those doubters who believe that $100,000 will be front-run by "traders" is laughable. Bitcoin has been accumulating between $50,000 and $75,000 and the doubters expect a surge of merely under 30%?

¯\_(ツ)_/¯

Well lump summing is or can be one of the fastest way to accumulate more Bitcoin but if you must lump sum you must be financially stable to an extent else one will tamper or disturb his investment when it's not yet mature. No one is imposing any strategy to anyone rather they are discussing the safest way a newbie should follow if at all they want to invest in Bitcoin and people who are discussing these are people who has experience and have seen how it works and remember information is power, if you are not informed  you may choose the wrong path and at the end one start panicking so why not save yourself that... By utilizing the information that is been shared.

Though everyone is entitled to it's opinion if it goes in line with the direction to which a good lesson or purpose of this thread is been created "Promocodeudo" I some much agree with you towards this correction because for me even if other method of accumulating Bitcoin exist I don't think it can helpful as compare to the DCA method mostly in terms of newbies having great access to. Accumulate as the DCA method gives Bitcoin is not just a cent token or coin that one can easily accumulate you really one really need method like this DCA with allowed any category of person to access the investment as it create opportunity to any level, else it's not easy to because many fear towards the investment on Bitcoin is not on the volatility but they are not financially competent but this method of DCA help the investor with Small income to rationalize it income and still have access to invest as the small  fraction and accumulating on regular basis can still usher the investor opportunity of making it huge with time. Anything contrary to this method is completely shading away newbie which can't afford huge amount to invest on Bitcoin DCA is through definition of the saying slow steady win the raise I don't think there is any method that favor newbies more that this very method of DCA mean while is not just newbies the DCA is for all classes of investor.

If no one is comparing strategies here what are we actually doing here, @JayJuanGee has never frowned at any other Bitcoin investment strategy but he continuously mention DCA method because he knows that this strayegy allows everyone to buy at anytime conveniently with what the can afford and maintain instead of waiting for the dip as you have always said, lets put the the record straight since we are all learning, if there is any other strategy that every bitcoiner can use to acummulate Bitcoin thats better than DCA method i think is time for you to tell us, you said we have a lot of them, I think it will be better for you to mention them so that we can learn from you, sometimes I don't even understand your points, I believe bitcoin is a long-term asset, are you advising people to buy only when the price dips, if that's the case what's they need for DCA itself, i think you are the one misrepresenting this undeniable facts, yea whatsoever strategy you chose to work with I think is your choce but say things the way it should be to avoid passing the wrong information to newbies.

Am very happy you acknowledge the fact that Bitcoin is a good asset, don't you think that's the reason why @JayJuanGee like to lay more emphasis on DCA method as a good strategy to use in accumulating Bitcoin at all time irrespective of the price knowing fully well that having a bulky portfolio and hodling for a long-term is the goal, investing might be more detailed than we read online as you said but does DCA method have different meaning than the one we know, was DCA method introduced for investors to apply it only on a better price as you mentioned,I think your are passing a wrong idea to newbies here although I understand that everyone has there mathod of investment and no one can change that because is their choice but it will be better for us to give investment advise that's worth emulating by intending and existing investors.

No need to divide it, if you have $10k which you want to use to invest in Bitcoin using lump sum strategy you just buy with it at once that is what lump sum is all about and then you hold, some people after accumulating Bitcoin using the lump sum strategy at a point they even forget they have a Bitcoin investment and they usually hold there Bitcoin for a very long term.
I'm not saying DCA is not a good strategy is a very good strategy and that is what I'm using now because I don't have the capital for a lump sum strategy, however no body should try impose any strategy on anyone especially the newbies we should learn to discuss all strategy and let people make there choice.
Lump sum or DCA is a nice strategy and anyone we use let's make sure we are holding.

I think it's better to divide it into several stages if you have $10k. Buy $3k with Lump sum and another $3k you can put at a low price and $4k you can apply with the DCA strategy.
Especially if you plan to invest for the long term, of course DCA is better to apply.
I think you don't understand how DCA works because if you have applied it, you probably won't turn to other strategies.
I have been running routine investments for almost 2 years, DCA has always been my mainstay and in fact it is quite comfortable for me.

If you are still in the early stages of Bitcoin accumulation, I suggest buying normally, I mean you don't need to move aggressively before you are really ready to do it. Buying aggressively is also supported by strong finances at that time and if you don't have an increase in income at that time, of course it is better to buy as usual like the previous stage accumulation, for example $20, of course you just continue each stage with $20.

Exactly, We can`t actually tell the price bitcoin going to end with in this bullrun, and this bullrun kinda unique compare to the previous , And  base on how things is going this bullish market will be one of the best so far because each day bitcoin is getting more adoption.

And the painful part is that alot of people that are going to miss such wonderful opportunity in bitcoin , Due to doubting and procrastinating. hope at the end we will be among those that is going to endup smiling after seeing bitcoin price surging   

If I had money for lump sum I would have prefer that to DCA strategy because I would just buy at once and forget about it just keep holding I think it would give me more relaxation, I won't be thinking about Accumulating this week or month, I won't be stressing my brain on the percentage or on when to be aggressive in Accumulation.
Some people with huge amount of money still prefer DCA strategy for me it all depends on what you feel will work for you.
I think it will be good will discuss about all strategy there advantage and disadvantage and let people make there own choice of the strategy they feel will be more better for them some newbies in this thread only know about DCA strategy and they feel other strategy are not good enough that's why people only talk about DCA strategy.

Don't get me wrong.  Even though I mentioned that it is acceptable for someone to invest up to 10% of the size of his BTC holdings into shitcoins/trading and/or gambling, I am not endorsing any of those activities or even proclaiming that any shitcoin is worthy of investment or that it is appropriate for this topic to get into any slippery slope topic in regards to which shitcoin is less shitty than some other shitcoin.  I think that if there are projects that attempt to link or build on bitcoin as second layers and they do not have their own token, then those probably would not be shitcoins, even though some of the projects that are built on bitcoin might well end up failing.  many times, we might ask a project that has a token that if they are intending to build on bitcoin, then why do they need their own token?  what is the purpose of the token?

I thought that I already tried to acknowledge that there are likely people who cannot resist to believe that they might be missing out on some kind of possible other gains (related to shitcoins) or that there might be some interesting "innovations" happening in regards to various shitcoins, so even though I am not recommending that anyone gets distracted in that direction, I am trying to suggest to attempt to limit their distraction to less than 10 % of their bitcoin investment. Surely the longer that someone is in bitcoin, understanding it and also understanding other projects, then of course, they will be free to come to their own determinations in regards to the extent to which they might conclude that there might be some value to invest time, energy and value into some shitcoin that they determine to have redemptive values.

Frequently, I think that it is preferable that we try to stick with various basic starting out principles in regards to the audience of this thread or any other forum thread, unless the thread happens to be some kind of a speciality thread.  So, there are so many forum members (and even people in the world) who happen to be no coiners or low coiners, and they are still in their earliest of stages of building their bitcoin investment portfolio, so I think that we should be attempting to address those kinds of audiences in these kind of general bitcoin threads or bitcoin investment threads.

I do hold some shitcoins, and they are around less than 0.5% (that is less than a whole percent) of my total BTC investment portfolio, and I don't hardly fuck around with any of them at all or even recommend any of them, since I likely just hold them for various reasons that might just relate to having some other transaction options, even though there are rarely opportunities to transact in any of them.. and sometimes if there is some trouble with one or another of them, then I am forced with trying to figure out what to do about the matter.. which probably takes more time than I would like to spend in relation to the matter.

So, yeah, it seems to me that if we are inclined to want to discuss any shitcoins or which ones we might be considered to be less shitty, then probably we should discuss in other forum threads, and it is pretty rare that you find me in any of the forum threads that are at least not somewhat related to bitcoin.


I agree that there could be some practicality, which also might make it better to hold a bit of the shitcoin, even though there might not be any intention to store value in such shitcoin or to attempt to promote it... though if there might be a bit of an infrastructure around it or utility, then there could be some reason to hold some of it to the extent that you might not be able to just buy some of it for the purpose of doing the transaction.. but then sometimes there could be reasons to have had gotten it in advance.. and yet the times change too in terms of who might be transacting in what, and then questions of where to store them, whether on an exchange or in a private wallet, and some of the wallets that store shitcoins might increase attack vectors when they are starting to use shitcoins.. so I don't really claim to have any answers, yet I could imagine getting into situations in which transacting in one or another shitcoin might be more practical than transacting in bitcoin.


I agree with you that even seemingly good projects might end up having some of those kinds of various questionable designs or even questions in regards to premining and how staking works, and other kinds of obscurities that might question even something simple as the total supply of the coin... not that BTC is completely free from such issues when we have various second layers and businesses built on bitcoin that sometimes are dealing with fake coins and/or not allowing for the audit of their supply.. .which can cause questions in regards to their not having the coins they claim to have....so yeah the obscurity of the supply tends to be even worse with almost all shitcoins.

I agree that shit are shit coins, but there are shittier coins and nightmare shitty coins. The worst you can do is to put money into these coins that are pretty dead already, have low liquidity and you do it because you hope that for some stupid reason these things make a dead cat bounce. From my experience what it does is in case it works once, it motivates people to do it again and they do it for so long that do get stuck because they exaggerate it.

Best case is no money flows into shit coins at all. I have often times realized that so many of these shit coins advertise their low fee transactions,  but the only reason those fees are sometimes lower is that nobody really wants to use those coins. TRX is an example.

Now I can't recall whetheryou have said this before @JayJuanGee, but are there coins that you would not necessarily put on the shit coin list other than bitcoin?

I do not invest in any other coins, but I have had occasions in the past where using one of those coins as an intermediary did make sense or was necessary. For instance, paying for a VPN service or something like this can sometimes be cheaper/easier if you use a shit coin.

Several years ago I still enjoyed researching other coins, but I stopped doing that almost entirely at some point as the chance of finding some good tech sadly was/is close to zero. At the end of the day all those developers try to set up an architecture that funnels money straight into their pockets.

I would not want to overly complicate any formula, including that I would not proclaim that your BTC has to be in profits before you might want to allocate up to 10% of your bitcoin holdings into trading, shitcoins and/or gambling.  People have choices, including choices to gamble and get into shitcoins, and surely many of us in this thread and many of us who are focusing on bitcoin suggest that people should not get into shitcoins at all, and they should focus on bitcoin first, yet there are people who cannot resist the temptation to gamble, trade and/or get into shitcoins, and if they could at least limit the amount that they put into shitcoins to be less than 10% of the size of their bitcoin holdings and/or less than 10% of the amount that they might be regularly DCAing into bitcoin... So if they have a budget to be able to DCA $100 per week into bitcoin, then they could put $10 of that into shitcoins/gambling and/or trading... and hopefully also they are not trading.  If their shitcoins/gambling and/or trading is not profitable, they are not coming back to BTC to withdraw another 10%.. They are then stuck with the 10% of the BTC DCA amount each pay period or however, it is that they are employing their DCA payments.

Whether a portfolio is profit or not remains another question that each person would have to figure out how to deal with which portions of their portfolio is profitable and which one is not, and sure maybe both portions are profitable just at differing amounts.  They would have to figure out how to deal with those kinds of matters while still limiting the amounts that they would be taking from their BTC to place into trading/gambling/shitcoining portions of their account.. keeping track of the matters. 

Of course, the focus of the discussion of this thread is how to deal with the bitcoin investment portion, so hopefully folks are not getting too distracted away from whatever time, energy and value they are putting into their bitcoin investment, and surely some folks will get bored with their bitcoin investment, since once they have their cashflow management in place, then they might merely be DCA investing into bitcoin for several years with some (or perhaps a lot of) variation in the BTC price yet perhaps a sort of consistent plan that might contribute towards them being bored with it... which sure might be another attribute that attracts someone over to wanting to trade/gamble and/or to get involved in shitcoins, even if 90% of their value and efforts should still be focused on BTC.. yet some folks cannot resist, so the best suggestion that any of us can make is to limit their exposure to no more than 10% of their time, energies and value.. and people have to figure it out for themselves whether to follow such limitations or to go on their own path and figure out their own ideas of whatever limitations that they believe that they might be able to employ within the boundaries that they had determined to be acceptable.


Instead of whining, then maybe you should attempt to explain what it is that you are talking about so that some of us might be able to understand MOAR better.  I have no intention to misrepresent your ongoing seemingly wanna be smarter than everyone else nonsensical proclamations.


More gobbledy-gook from you in that you are not comparing strategies, even though you are saying the DCA is not sufficient because it is too static blah blah blah.. so you supposedly have something that is better and more moving and trying to time the market, yet you fail/refuse to give specifics about how that is going to consistently return better results than something like DCA that is more tailored to the person's budget rather than tailoring to trying to figure out what the fuck BTC prices might or might not do.   


Good for you, and who is trying to teach you?  not this here cat.  You can do what you like, which you seem to be doing even before I mentioned it.


We are investing in bitcoin here, and so that is what we are talking about, and yes, bitcoin is a good asset since it tends to go up, and people do not get punished as long as they continue to buy and hold and don't be fucking around with selling until perhaps after they have reached an overaccumulation status, which surely could take a couple of cycles, unless some of the guys might have been able to front load due to some other investments they are able to move into bitcoin in the beginning of their investment into it. 

The ones who have tended to get punished in bitcoin are the traders and/or the ones getting distracted into shitcoins (and/or not knowing the difference between bitcoin and shitcoins).. also if they sometimes consider that trading is going to help them, then  they tend to get punished by engaging in those kinds of behaviors. 

Since we are dealing with bitcoin, one of the better things is to understand bitcoin, and therefore invest accordingly, which is that those who have been consistently, persistently and ongoingly accumulating BTC have been rewarded rather than punished... as long as their investment timeline is 4-10 years or longer, and there is no reason to speculate a need to change bitcoin investment strategies from here on out.


You should not buy if you believe that the BTC price is going down, yet most people don't know, so it is likely better to just continue buying and not try to be a BTC price prediction guru.. because frequently even if normies start to believe the BTC price is going to go down, the BTC price does not always go as anticipated, and they might have ended up fucking around waiting rather than buying.

Sure, once they get a larger stash of bitcoin, they might start to have the luxury of waiting rather than buying all of the time.

In the very beginning it is way better for the normie newbies to just be buying BTC blindly and to get their stash up to a certain size.

And, by the way, this thread is not about you, you egotistical twat.

Just because you are able to figure out BTC price moves and you happen to know everything about if the BTC price might reverse, that surely does not mean that normie newbies are ready, willing and/or able to even try to figure out short-to-medium BTC price moves.


You shouldn't.


Because generally normie newbies (and especially no coiners or low coiners) don't know which way the BTC price is going to go, even when they think that they know. So amongst the best of things for normie newbies to do is to just buy regularly, consistently and persistently... especially if they are in their earliest years of building their BTC stash.. perhaps their first cycle or two.


Investing may well be by establishing good habits, which is getting started rather than sitting around waiting, and also buying BTC regularly, whether it is DCA and/or through lump sum and/or buying on dips... but DCA is the best for most people, yet they surely can tailor their BTC accumulation approach to their circumstances and/or even considering specifically their 9 factors, which also might also might end up including buying/accumulating BTC through lump sum and buying on dips.


I already considered a lot of matters related to BTC fundamentals, and I did most of my accumulating in my first 2-3 years in bitcoin, yet I had also been changing my approach in terms of maintenance and even liquidation and/or withdrawal, and I am open to learning other techniques that might work in these various stages of BTC management, yet if we are talking about normie newbies, they are probably going to be best served by both getting started as soon as possible and without delay and perhaps starting out their BTC accumulation journey with DCA buying into BTC while they are getting their cash flow situation in order and then perhaps also consider their various 9 factors too so that they might also consider the extent to which they might want to employ lump sum and/or buying on the dip.  I am glad that you got your personal factors figured out.


Of course, EarnOnVictor's selective choice of buying at the top in 2021 is an example that is full of shit, and several members already discussed that the ongoing of BTC from 2021 would have brought the average BTC cost down to right around half the buying at the top price.   In other words, EarnOnVictor seems to be creating a strawman argument with that out-of-touch example.


Sure some considerations of the fundamental value of the asset (in this case bitcoin) is helpful to the choice to invest into it long term, yet at the same time, it seems to me that DCA allows a person to adapt the amount of the investment to his budget, so sure there is an assumption of long term profits that may or may not play out, yet DCA does not really change whether an investment is profitable as much as it allows for tailoring of the investment amount to the discretionary income of the person employing it.

In the long run, surely the amount invested would reflect the average price over the years of the asset (in this case bitcoin) so the DCA approach becomes more profitable once the asset goes up in price, so even if some units had been purchased higher and other units lower, the average purchase price is likely in the middle of all of that, and so if later on BTC prices go up, then profits from all of the previous purchases would end up going up, so even if each new unit will then cost more to purchase, the overall value of the overall BTC portfolio would end up being greater so long as the price trajectory of the asset is upward with the passage of time.

Of course, many of us consider that the fundamentals of BTC contribute towards it being likely to go up in price with the passage of time, even though we surely cannot know how much it will go up and we also should know that it is not guaranteed to go up.

I think that the main purpose of DCA is to enable you increase and build your bitcoin investment gradually overtime without stressing yourself or feeling as if you are investing because you are using only your discretionary income to invest in bitcoin every week no matter how little the amount is.

DCA will enable you accumulate a good size of bitcoin portfolio overtime which you would have not been able to accumulate if you were to go all in once if you keep your bitcoin accumulation ongoing with consistent and persistent over time. There is power in little gathering because it keeps on piling up.

I think Hodli is what limit the risk of you running at loss because when you hodli for a long period of time, the price of bitcoin will be higher compared to how much that you bought way back. However, I understand what you mean that DCA helps you buy more bitcoin and reduces your price per bitcoin than who used only lump sum strategy to acquire his bitcoin.

To be frank with you JayJuanGee has always been right because since I have been going through reading every bit of how this discussion started he has not deviated in anyway and secondly in as much as he always acknowledge the importance and the need for us to use DCA doesn't mean that the only strategy he recognized is DCA because he has already stated it before that there are also other strategies that's very good which is the Lump Sum and Buying at Dip, so on the contrary I think you are actually the one misrepresenting the whole of the investment ideas.

This is actually one of the reasons why I think that you are  misunderstanding JayJuanGee because when you talk about how he disregard other factors that can better maximize there investment, you have actually forgotten that Buying at dip is one of the strategy he mentioned that can also work on that regards, so if perhaps while DCAing and there was a possible dip on Bitcoin price there is nothing holding you from buying the dip to speeding up your process of getting to the "Fuck you status" while your DCA keep going, so actually he is not saying that you shouldn't make use of buying the dip whenever the opportunity comes, so you really need to understand the point he is actually making, however I'm surprised you mentioned that you also HODL using DCA strategy because obviously you don't sound like one because you should have understand the harm those strategies you talked about will have on people.

All you’ve said is correct, but for me, I still don’t think it’s advisable to consider going into shitcoin investments, even after reaching your target in your Bitcoin accumulation as you pointed out twice. In my opinion, there’s never an appropriate time to invest in shitcoins, and definitely not with whatever profit you’re able to make with your Bitcoin accumulation. If you’ve reached your Bitcoin accumulation target or the “Fuck you” status and feel the need to diversify, I’m sure there are way more preferable options to consider than to go for shitcoins.

Indeed, this is just the perfect vivid explanation of how shitcoin projects works and how hypes drives the market towards making people believe there’s an actual substance in the project, and when they delve in due to FOMO, they end up holding the bag after the project has been dumped by the devs, who happens to be the only ones that actually benefits from the project, well not just them, because the early investors and those social media influencers who promotes these projects often gets a share of the cake right before it’s dumped. And those who come in later are the unfortunate ones who end up holding the bag and sinking into the deep water.