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Quote from: JayJuanGee on August 29, 2024, 04:14:16 PM

Purposefully holding off for dips seems to be way more logically justifiable after a BTC accumulator had already accumulated a decent amount of BTC, and even then, they may mis-assess how much is a decent amount of BTC, so likely it remains way better for a BTC accumulator to largely focus on regular DCA buying through a whole BTC cycle before starting to try to strategize buying dips, unless they have abilities to front load their BTC investment, which would have had put them into a different position from someone who is ONLY able to invest 10-15% or less of his disposable income into bitcoin.

If you ask me, it's more about use about 10% of monthly salary to DCA, then save the rest. Because if we are lucky, and a golden opportunity comes again - it might be a good time to be irresponsible and use up to 90% of your savings to buy the DIP.

I merely use the 200-Weekly SMA as a guide to ascertain a "Golden Opportunity DIP". It's currently $38,670, if the price crashes near that or under, that's high probability a good purchase.

Using 10% of our monthly salary is never a bad idea as long as the reserve is able to sustain you till you are able to refill it again, so actually is a note able ideology that 10% of monthly salary is a kind of fraction that shouldn't present any challenges of using it but sometimes it can be too much for most investors to use because there are people who has a very large family and there consumption is also very high so you can see that doing 10% without some consideration will certainly affect the investors, so perhaps bringing it down a little more will also be a good idea for such investors. Also concerning the place you mentioned about investing 90% of our savings don't you think is a bit too high?.

Any investor that cannot invest 10% of his weekly or monthly salary is not a serious investor. 10% is not that very big, neither can it be considered as being excessively aggressive. No matter how large your family is, if 90% of your salary can't sustain you till your next salary comes in, I don't think 100% will be enough for you. If you find yourself in this situation what you have to do is to cut down on your expenses, and not to cut down on the 10% that's is to be invested in bitcoin. If you check very well on those your expenses that you think that the 90% of your salary won't be able to solve, there are things which you can do without there. You just have to let them go so that the 10% budgeted for bitcoin investment will be sustainable.

A new investor will invest in bitcoin based on his own discretionary income because that is the most important thing that will keep his DCA buying ongoing for a very long time so that he does not use more than the amount he is supposed to use to buy bitcoin, if not he will end up selling part of his bitcoin when he is faced with difficulties. Using part of your discretionary income is the best be it 5% and above, as long as you are DCAing consistently and persistently building an d growing your bitcoin stash overtime.

If his salary or income increases, he can also increase his DCA amount. However, if a brand new investor who does not understand much about bitcoin and wants to invest immediately, he can start with 5% of his salary for one - two years and when his confidence and trust increases, he can increase the amount to 10% or more since he c an afford it and that will not affect his monthly expenses, since he only wanted to start with a little amount in the beginning. The size of your emergency funds will also determine how aggressive you will be when increasing the amount that you will use for your regular DCA.