Quote from: Negotiation on Today at 02:23:34 AM

Quote from: JayJuanGee on Today at 01:52:42 AM

~snip~I guess part of my point is that any of us here should be suggesting something that we are practicing or that we had been practicing and we think is the better way forward based on where BTC prices are right at this moment and in terms of whether the guy is ongoingly buying or engaging in some other potentially reasonable approach to the matter.

I mean in general not to look long for a dip, now if one is able to find the maximum dip in 1 week then that is definitely a good thing for short term. But those who have money to invest and those who have been investing consistently for a long time have many advantages. Because I think you'll agree with me that they know they have to wait a few years to get the maximum dip, but it's very difficult to get it nowadays.

But currently only following DCA can't make much profit if one thinks in 1-2 years, but if one does it again in 5-10 years then chances of profit again are very high.

Whether we are talking about shore term or long term, there is no guarantee of profit, yet I frequently like to suggest that we are not really investing unless we are planning to stay in at least a whole cycle...otherwise there is just an attempt to play the swing.. and even someone with a 4 year timeline might be trying to play the swing of the whole cycle.. which I would not really consider that to be investing either..

But any event, anyone who has been investing is advantaged by having had been investing... surely you are correct about that.

So then the next question for everyone else is that if they have not been investing, then they have to figure out if they are able to establish some kind of confidence regarding their disposable income and if they have any of their disposable income that they are able to allocate towards bitcoin.. even if it might ONLY be $10 per week... it is likely better than nothing.. but surely, I like to suggest $100 per week, even though I know that some people do not have that level of disposable income, so they just have to figure out how much disposable income they have and that they can allocate towards bitcoin in order to have good chances of having more options for themselves 4-10 years or longer down the road.