Re: Buy the DIP, and HODL!

In other words, there are some advantages, towards buying when the BTC price is going down rather than when it is going up.. but you cannot really affect those kinds of situations. You have to play with the cards that you have, and figure out what you are going to do and how you are going to deal with the current dynamics as well as future dynamics that are not really known very well until after they happen.

Everyone must invest according to his own size, and its good that we well know our numbers so that we can make better decisions regarding to the best kind of strategy to implement and how we can plan our investment journey with DCA.

everyone loves buying from the dip cause they accumulate more for cheaper price, but as an investor we must also be well prepared for both market trends and learn to keep on accumulating no matter what, with proper planning and building up our funds we can also grow to better take advantage of those bear season well when we have well built reserves or have found a way to increase or source of income.

I myself prefer to see my bitcoin journey as a normal life experience and I'm trying to build a character around it, making it a lifestyle to think in terms of building up emergency funds, keeping floats and also reserves, this way I feel I am getting ready for any opportunity I could savour on and since we are in a bull trend having such good dips might not always come by, so when ever of if we have any I could also take advantage of them to.

There are people just got hype up on the idea and think about its good to put everything they have because they are sure about the result on what they are doing. But they forget to settle up their prioritize especially their needs that's why if everything fucks up all their plans to hodl collapsed and worst they sell their bitcoins at losing price. That's why its really better to buy according to their capacity and they make sure that the amount they spent is the amount they can afford to save so that they don't struggle on their daily expenses and can think about more clear since they in control on their investment made.

Actually I total all my profit made every 15 days on my side hustle and I separate it for 50% for investment, 25% for my emergency funds and the other 25% is for my travel expenses. My earnings for my main job is for my bills,daily needs and insurance. For doing this consistently for years I can say I live a comfortable life and away from stress and debts.

Indeed, this problem always occurs to those who are just starting out. Especially beginners because they are not based on sufficient knowledge and do not look at their financial situation because this is the most important factor in the investment journey, especially for DCA.
However, this is a place for them to learn, understand and read about what they need in their strategy and also what they need to improve. Investing requires good funding so that everything runs well, and if finances do not support it then they should look for a side job or side income to support their strategy. The goal is to be able to meet their basic needs and also have emergency funds without having to sacrifice the investment they have built when they really need it, and this is a problem for those who end up selling at a loss. Investing is actually very easy, especially if you follow the DCA strategy because you don't have the ability to buy large amounts and hold them for the long term, and DCA is the best solution for those of us who have limited finances because with this we can buy regularly, either weekly or monthly. However, it must be supported by what I mentioned above, do it seriously and consistently so that in the future we can achieve good results.