Lump summing right away would be front-loading the investment, and saving it without investing (and maybe preparing for a dip) would be lump summing on dips, but again, I personally tend to think that it is better to spread out your buying on dip purchases, but if you are more bearish than me then maybe you spread those buy orders to lower amounts and hope that you are not left holding a bunch of fiat that you could have had otherwise bought bitcoin with.. again, there is no perfect answer.
Thanks alot for the clarity. Well concerning this part I quoted I think the method (spreading out buying ) recommended by you concerning dip purchases would be better and more effective. If am not mistaken this when one purchases the dip without going all out at once like lump summing. Instead buying with some certain percent of your reserved funds first during the dip , and if the market dip further one can also purchase the dip again with some percentage of their reserved funds than just going all at once but buy spreading your purchasing of the dip.
If we build up our investment in bitcoin, then we have more of a responsibility to have organized finances (and psychology too) that will prevent us from ever having to cash into our bitcoin unless it was on conditions that we had already established for ourselves, and if we are a new investor, it is more likely that we would be waiting many years.. maybe even 4-10 years or longer, just to build up our BTC funds before we might start to consider strategies that might involve selling some of our BTC
you are right, as an new investors investing should be out of the picture first , how to accumulate more quantities would be your focus now, disciplining oneself to have a good psychology, inorder to build a good portfolio .