....... so someone who has been waiting to see a real dip before they buy must has probably missed out. For example when the price of Bitcoin was around $35k, and an investor who wants to come in sees that the price was high and was waiting for it to dip between $20k to $25k and while waiting they discovered that rather than dipping the price tends to be increasing more and at last the price now got to this stage it is now don't you think that such investor would have lost interest and decides not to buy at all and that is the more reason why every price of Bitcoin is a buying point because you can't predict the outcome of the market easily since their are so many things that influences the market before it either depreciates or appreciates in price.
Your example is not even good - even though it might partially address your own situation in terms of your getting into bitcoin (at least registering on this forum) in the middle of 2023.. .so there could have been guys, like yourself, who hesitated during that time, rather than just getting in and just investing into bitcoin regularly in spite of the price.
A similar thing can be said for the guy who came to bitcoin in early 2022.. and sure the bitcoin price dipped for most of 2022 and did not recover a lot in 2023, yet all of that time of 2022 and 2023 would have had been great BTC accumulation times.. and yeah, I am not even presuming that any guy would have had the ability to lump sum or to front load his investment into bitcoin in either 2022 or 2023, but those would have been great times for front loading into bitcoin too.
I think so much in this thread, we are trying to not necessarily presume that any guy is going to come into bitcoin with any kind of an ability to lump sum or to front load his investment, so the guys who are able to do that mare more likely exceptions rather than being the more typical case in which a guy has to just get started with what he has in terms of figuring out how much disposable income that he has and how much of that disposable income is he going to be able to dedicate towards building his bitcoin portfolio and perhaps other aspects of his cashflow and cash reserves.
what people need to be able to focus on their investment is they need to think about the big picture of their investment and invest the money that they are ready to invest.
You are right focusing on the future of the investment is very important because that would be your guardian that no matter the unforseen circumstances such challenges, speculations and Bitcoin price movement will not have any negative impact on your investment because your goal is to see what your investment will worth for you in the future, so in other words determination is one of the major factor to the success of achieving that.
Literally, you don't need to have all before investing that is why the DCA method is there for investors who are new because they are at ease and not under pressure of any kind since they will be investing same amount of Bitcoin while using the DCA so someone that doesn't have much money can start with the little they have and be investing from time to time so if their income increases, they can also decide to increase their DCA depending on the amount they can be able to invest in without it affecting other of their businesses or daily requirements.
Yep.. This does seem to describe the more typical and most likely newbie investor into bitcoin.. who just will be starting with whatever situation that he has and then perhaps being able to adjust his strategy to be able to become more aggressive in his bitcoin accumulation (investment) in the future based on perhaps learning better about his cashflows and also perhaps being able to either increase his income or to cut some of his expenses.