Re: Buy Bitcoin, and HODL!

qI agree with you that buying at the dip should be done with some unexpected funds that comes our way which we don't have plan for, and whether they come or not, our regular DCA continues. What I do is that whenever, I am given a bonus at work or traveling allowance, training allowance, or some incentives for motivation at work. I keep such funds without touching it so that if it happens that bitcoin price dips, I can take advantage of the dip and buy more. And if it happens that I don't have any extra funds apart from my monthly income, my regular DCA is what I do and focus on more weekly

When it come to accumulation of Bitcoin, we should always keep our DCAing constant irrespective of the market conditions. Expecially those of us that can't afford to purchase large quantities of bitcoin. Because if one have the mindset of always waiting for the dip before accumulating he or she will only endup missing out or having small quantities of bitcoin in their portfolio.

That's why is better to save some funds (which is known as reserve funds) in case any dip occurs one can purchase the dip with the use of reserved funds, and he or she can choose to spread it out or go all in with the reserve funds like lump-sum purchases.

And there are investors who made buying at the dip as there Bitcoin accumulation strategy and what if the market did not dip will they keep waiting? It will be better they use the DCA strategy and also buying the dip strategy together so that the DCA strategy can help them accumulate more Bitcoin at different price level weekly or monthly and also buy when the market is at dip with the help of their reserve fund. But if the investor is still a low coiner the buying dip strategy alone won't be a good Bitcoin accumulating strategy.

There may be absolutely no need for a brand new investor, and maybe someone in their first few years of buying/acumulating bitcoin to employ buying the dip strategies rather than sticking with straight-forward and regular DCA (which may well not even be sticking with any particular amount of BTC, but instead figuring out how much BTC to buy each week from the amount of disposable income that he has for that particular week, whether that is $100 or $10 or some other amount).

Yet of course, there might be some psychological reasons to hold some money aside for buying the dip, but it may or may not end up paying off because we cannot rely on dips actually happening or even happening to such an extent that it is even going to make much of a meaningful difference in a person's bitcoin journey, especially if the person might be new to investing and ONLY investing around 10% of his/her income so it could take a whole 10 years to have 1 years of income invested into bitcoin.. so it is difficult to understand and/or appreciate what value might have had come from buying the dip rather than just buying regularly and not changing behaviors based on factors that might be difficult to measure the extent to which there might have been any kind of advantage to straight-forward DCA.

one thing I discovered recently is that those who use the DCA method in accumulating Bitcoin but still wait for the dip usually don't accumulate as many as those who are using the DCA method of accumulation and don't think about the dip.

I disagree with your statement because those investors who are accumulating bitcoin with the DCA strategy and also buying the dip will always accumulate more bitcoin than the investors who are only using the DCA strategy to accumulate bitcoin. Just because they are waiting for the dip doesn't mean they will stop accumulating bitcoin with the DCA strategy; they will continue to accumulate bitcoin with the DCA strategy. They have already kept the money to use to buy the dip; they are just waiting for the dip to happen so they can buy bitcoin at a low price.

@Mayor of Ogba you are right, Those who invest and accumulate through DCAing are only present in every market situation, accumulating at intervals but in a simpler sense that does not guarantee the amount of Bitcoin to be accumulated would be greater as it dwells upon the amount invested. Those who wait for dip already have allocated money and yet still accumulating with DCA which means they have an edge above others because they can buy more during a dip which does not reveal itself and also DCAing if we are to consider who have more stash it would be the one that DCA and also bought at the dip price.

As I earlier said, the Stash of Bitcoin in holding does not rely on one DCAing, lump summing, buying at the dip but the Amount of Money invested.

Of course the amount of money invested will definitely determine who have more stash irrespective of the approach used for the investment. But the person who invested in all market situation which is the DCA method has some form of advantage, as he has derived more utility from his money and has limited his level of loss impact should there be a sharp dip in the market. But if we look at the situation from the angle that both investors has same amount of money to invest, the person who by at all market situation will definitely has more stash then the investor who buys at the dip.
Moreover the dip level is not even predetermined for us to actually calculate it. So since it is this way, we will always consider the person who has bitcoin as someone who has more bitcoin than the other person. So far as he is still waiting for the dip to buy we won't consider him/her as an investor or someone who owns bitcoin because no purchase has been made yet, so until he make his first purchase before it can be determined between him and the other person who always buy at all market conditions who has more stash of bitcoin.