Quote from: I_Anime on March 23, 2024, 10:08:11 AM

Quote from: Bloodseekers on March 23, 2024, 09:24:43 AM

Quote from: Onyeeze on March 22, 2024, 09:16:12 PM

for Bitcoin holding and the long-term investment it is actually occur by Plan and if you don't have that mentality of long-term holding your Bitcoin to will not be opportunity to make such profit that you are anticipating for that is why a good investor at first scrutinize the market structure before the person goes into investment to know if the market will be productive for each self any investor of Bitcoin always calculate very well knowing that there is two things that is involved in long term investment especially when you are holding your Bitcoin for each to appreciate you before you sell and they make a profit.

For those who want to collect Bitcoin and survive for the long term, of course they must be able to have planning and capital that will not be used for needs in the near future, because when someone is forced to invest with the capital they have, they will not be able to survive for long and must sell at a loss and for investors who hold for a long period of time of course they must make thorough preparations to be able to hold for a long period of time to be able to look forward to profits from holding Bitcoin.

Yeah , when come to investing (long-term investment) we wil have to plan ahead to able to secure a smooth investment. For instance one is not advice to always go in at once when accumulating bitcoin, but rather use certain percentage of your earnings in order to keep up with your regular life style when investing in bitcoin. For instance you can use %10 of your earnings in accumulating using one of the common strategy which is DCAing, And focus the other percentage in your emergency funds and reserved funds. Because if one lack such manner of accumulation ( expecial those that not too financially stable). You may endup not being successful with his bitcoin investment.

It is important to highlight again that once an emergency fund is established, it is likely just going to sit there and it is not going to be a burden, but initially establishing the emergency fund might take some time and it might feel like a burden. Of course, the reserves might bounce up and down a lot more, but whatever the reserves are used for that is going to be within the guys discretion regarding how much cash to keep available in reserves, whether the reserves are designated for buying on dips or for other purposes, and surely if some of the reserves are used for buying on dips then they might need to be reestablished.. and again there can be quite a bit of variance in regards to how the reserves are treated.. .. but still it seems to me that there could be choices to maintain an emergency fund at a bare minimum of 3 months.. and maybe an extra month in there.. so 3-4 months, but then if there become situations in which someone believes that his income is not secure or his health is not secure or that there might be some reasons to increase the emergency fund because some things in his family and/or business are complicated, then he is going to be way better off to identify those needs earlier rather than later.. which could result in greater emergency funds, greater reserves and even keeping a greater float too... and if the BTC investment grows and grows, there could be some temptations to dip into it and so no one can really say how to manage those funds, and guys sometimes end up making the wrong choices... and not realizing until much later that he would have had been way better off to not take as many chances and to maintain various cash cushions, even if it is seeming like a lot of that cash cushion value is not working and is losing value by sitting around... but it still might be the better thing to do in terms of making sure that the various kinds of cash cushions are sufficient and some of them are not being touched.. especially the BTC investment and the emergency fund..

Quote from: Salahmu on March 23, 2024, 01:43:45 PM

Quote from: Cryptoprincess101 on March 22, 2024, 03:38:34 PM

When we are talking about buying at a dip, it is mostly the average investors that waits for a dip because their input is little therefore he will look for a time when he will buy at a more dipper price, then the rich doesn't even care about a dip because they are dealing with huge amounts of money of which they know that they will make some profits in it and they don't even DCA as most of them prefer buying a particular amount of Bitcoin and doesn't accumulate further but the average man uses the DCA because his investments is not in large quantity so it would take some time before he can accumulate as many as he wishes to using the DCA.

I think you are misunderstanding the concept of buying the Dip because is not only the investors that has smaller capital that utilizes the opportunity when the price is dip, so perhaps in most cases investors that has large capitals are the ones that utilizes the opportunity the most and not because they are not following the DCA method but but because they strategize themselves in such a way that they keep a certain amount of funds so that if the price dip they can accumulate as much as they can while there DCA are still running, so I disagree with you on the aspect you mentioned that is only the average investors that utilizes the dip, however one thing you should know is that Lump Suming is another word for investing huge when the price dip and is mostly done by most investors who has a large capital so they always utilizes every opportunity when the Bitcoin price drops.

I think that people get the term lump sum mixed up, since lump summing does not need to happen on the dip, and surely if you are buying on the dip whether you choose to do a large amount or a small amount, I still would not consider that to be lump sum investing.

I think that the more pure way to think about lump sum investing is that you have some money and you have to choose right now if you are going to buy BTC with it or are you going to set it up as a DCA or buying on dips.

Of course, you can do all three, but lump sum investing is more likely going to be a phenomena that applies when someone might have some extra money that comes to him or that maybe he is transferring over from some other investment(s) that he has.

So we could think about it in terms of a person being brand new to bitcoin and then he has an amount of dollars that is he wanting to get started investing into bitcoin, or we could think about a person who has been in bitcoin for a year or two, and then all of a sudden he has a lump sum amount that comes available to him.... Let's say that a guy had been DCA buying bitcoin at $50 per week for the last 2 years, so he has invested right around $5,200 into bitcoin so far and so he has accumulated right around 0.2 BTC, and yeah the last couple years has been pretty good so his BTC is worth right around 2.5x the amount of his investment, and his budget allows him to either continue with $50 per week or maybe he can even work towards increasing his DCA amount, and then all of a sudden, he realizes that surprisingly, he has inherited $6k, and so all of a sudden he has more money that he can invest into bitcoin, and he is faced with a dilemma regarding if he should just buy $6k worth of bitcoin right away (which would be a lump sum investment), or he could divide the amount into 3 parts.. and put 1/3 into each of the three categories of lump sum, DCA and buying on dips. . and he does not need to divide them up equally, and he might choose to put $4k into buying right away, and have the other $2k for buying on dips and to just continue to DCA with his regular salary at $50 per week or maybe he is coming to a pint to be able to increase his DCA amount based on improvements in his overall financial situation.

The way he divides the buying on dips is not necessarily lump sum investing, so guys here like to mix categories and say that lump sum investing is going on because a large amount might be invested on the dip, and I consider that to be sloppy thinking that fails to recognize and appreciate the difference in the categories.. even though some times the categories can seem like they overlap, but they likely can still be considered in their separate conceptual frameworks in order to make decisions based on the different kinds of trade-offs that might exist based on how a guy might choose to invest any sum of money that he has coming in.

Quote from: Tmoonz on March 23, 2024, 02:35:10 PM

Quote from: Salahmu on March 23, 2024, 01:43:45 PM

[edited out]

Yes I agree with you completely and another thing is that the dca strategy is not also only limited to the average man that doesn't have much finance the dca are use by both the investor that has much and the investor that didn't have much. In as much the dca has enormous benefits one the major aim of the dca is to mitigates the short term Price volatility by buying at different price point. so the dca should not only be talk about or limited in terms of the average man.

More importantly, DCA helps a guy to manage his budget and to manage his entrance into BTC. Of course, there might be some concerns about average costs per BTC, yet most likely if a guy is 10 years or more into his investment, his is mostly going to be concerned about how many BTC he has and how much they are worth rather than what his average cost per BTC might happen to be. Sure of course, he wants to be in profits and he even wants to have some of his BTC with multiples of compounding value, yet if he had been buying $100 per week of bitcoin over the next 10 years, he is most likely going to be concerned about whether he had managed his budget well through all of those years and was still able to live his life while he was building up his BTC investment, and maybe at some point he is going to see that he has enough BTC or that he can change some of the ways that he accumulates BTC.

Yeah.. DCA works for rich people, poor people and average people, yet rich and average might be able to establish their position faster than the poor man, and so the poor many might not have a choice but to follow DCA method for 15-20 years or more before he starts to feel that his investment is building up to a point in which he might be able to employ other kinds of strategies.

Even a rich man may choose DCA to make his first entrance into an investment like BTC, and so let's say that the guy has a $2 million investment portfolio, and so he is considering coming into bitcoin fairly aggressively and perhaps getting a 10% to 25% position in bitcoin (which would be a $200k to $500k allocation to bitcoin), yet he remains a bit nervous about trying to sell other assets in order to establish his BTC position up to his target levels, so he is trying to figure out ways to get into BTC without creating tax consequences for himself, and so even if he might have various lump sum payments in the process of getting started, he also might consider that it might take him 1-2 years to actually establish his 10% to 25% position.. which may well be best established by DCAing rather than overly lump summing, but if he is worried that the BTC price might go up fast in the short term, then he may well try to front load his investment to get it into play in a shorter period of time, but he still might have trouble doing it in a way that is anything other than a kind of DCA approach that involves large amounts.. such as $10k per week... or some other amount that he might consider to be manageable - depending upon from where he is drawing his revenues... If he already has some cash available that is around $100k, then that might only last for 10 weeks with a $10k per week plan, so even the rich guy might have some dilemmas, and DCA might fit into the picture.

Some folks like to suggest that Michael Saylor (MSTR) is buying on dips and/or lump summing, but that is ridiculous since they are just getting distracted by the amounts that Saylor is investing into BTC. Largely Saylor has been buying BTC almost every quarter since August 2020, and so Saylor has been employing a form of DCA especially since he seems to buy BTC when he has the money and not so much in regards to the price, so he is not really lump sum investing and/or buying on dips, and surely some quarters, he is able to secure various kinds of financing so he gets more money to buy BTC, but he still tends to buy BTC as soon as he gets the newly authorized money rather than diddly daddlying around and waiting.. so Saylor on behalf of MSTR has largely been DCAing his investment into BTC over the past 3.5 years.

Quote from: gunhell16 on March 23, 2024, 03:06:57 PM

In the few halvings that I have seen or witnessed, most of the people who bought bitcoin buy it when the price of bitcoin is too expensive. This is the same type of person who rushes to buy bitcoin when it has taken off.

Yes, most people know to buy bitcoin on the dip, but in reality, that is not what most communities in this field do; only a small percentage of those who actually buy bitcoin do so. Even until now, for sure, 100k bitcoins will be bought by people who don't know anything about bitcoin. Right now, they will say Bitcoin, but when they see 100k per bitcoin, they will decide to buy it.

Nothing wrong with buying BTC at any price, especially if you do not have any BTC or you don't have enough, and also it helps if you have a 4-10 year or more investment time horizon and you are continuing to buy.

if you are merely trying to make a quick turn around, then you might get into trouble.. so part of the more important issue might be concerning how long the buyer is planning to stay into bitcoin rather than if his entrance point might have been higher than he could have had gotten.. especially since if someone is brand new to bitcoin, then the only way that they can prepare for up is by having some bitcoin, and if they do not have any then they are not prepared for up.

If you are suggesting to ONLY prepare for down by waiting, then it could be that the down possibilities are no longer available.. Do you know from here? Is this enough of a dip to buy or should the newbie to bitcoin or the low coiner wait for more dip?

Quote from: Bd officer on March 23, 2024, 03:29:03 PM

Quote from: FinePoine0 on March 23, 2024, 11:55:50 AM

Quote from: Barikui1 on March 23, 2024, 11:22:47 AM

It's very true that a long term holder sees things totally different from a short term holder, because anytime the market deep, a long term holder sees it as opportunity to buy aggressively as long as it doesn't affect his emergency funds, while a short term holder always panic and most of them sell, anytime their is a correction in the market, so it's very clear that the reaction of an investor determine if truly he is a long term holder or not.

If a person invests properly and creates a desire to buy DCA regularly, then that person will definitely invest for long term. But those who sell opportunistically and are willing to sell their holdings out of greed are essentially in business. They will never be able to keep calm when they see the high movement of the market, so those who are essentially long-term holders must wait for a few years. And he will keep calm and be prepared to extend his investment for longer. That is the clarity of long-term investing.

If you invest in Bitcoin you must hold for the long term. To invest in Bitcoin you must first learn to be patient, if you can't be patient then you can't hold long term. Most people can't afford to buy 1 bitcoin, but if they can invest long-term with DCA method, the investment amount will definitely be huge at some point. So it is best to invest in DCA method.

I have invested in DCA method and gradually the amount of investment has become huge. I could not afford to invest so much at once. But I started investing with DCA method which has increased my investment volume today. For those of you who haven't invested yet, start investing in the DCA method and hold for a long time.

Yeah but when did you start? You have ONLY been registered on the forum for less than a year.