Quote from: Zackz5000 on Today at 05:16:44 AM

Quote from: bitcoin_mining on Today at 04:37:54 AM

Quote from: Hatchy on September 12, 2024, 10:25:03 PM

Quote from: Ambatman on September 12, 2024, 09:45:02 PM

Let's be honest
A person who's only concerned about the dip should be considered a trader
An investor doesn't just wait for the dip
They have a target and a plan in making their investment.
Pick a project(Bitcoin) you trust with a great future and accumulate rather than waiting for dip to sell the top.
Yes once the dip comes buy not because is a dip but an opportunity to get cheaper especially if you have the spare funds.

A person that chase the dip would get anxious if they buy the dip and more dips comes popping some might choose to quickly sell to buy cheaper especially when bloggers start posting what they know nothing about.
Alas after selling it might be too late.
Wishing for a dip, doesn't mean it would come
Try to DCA smartly. Especially if you a nocoiner or haven't accumulated enough.

It's certain that the market will experience a downturn at some point. While waiting for this dip, the best strategy for potential investors is to use Dollar-Cost Averaging (DCA). Don't let the fear of a market dip stop you from accumulating your share of Bitcoin. Remember, a market dip is an opportunity to buy more at a lower price. So, as long as you're prepared to take advantage of the dip, you'll be in a good position as an investor. So for the mean time, you continue the DCA so you can ride along the train when theres a bull.

DCA investment strategy is the right strategy for every market condition. Common people get very disappointed when the market dumps after investing but it is completely different for those who invest in DCA investment strategy. Because if the market dumps after investing, then the investors get a chance to make a profit and at that time they invest with more money. Investing in this strategy usually doesn't involve much risk so I think one should invest in DCA investment strategy without investing huge amount of money at once.

There is nothing wrong if an investor has a huge of money and decided to invest it on Bitcoin at once if he knows it won't affect his daily living or leading to selling his Bitcoin due to lack of money to take care of personal activities because he is going to reap the benefits in the future, to goal is to stack enough Bitcoin and hodl for long.

If an investor has huge amount and decide to invest it in Bitcoin in such a way that it won't affect his personal life or his Bitcoin investment fine that will help him to have enough Bitcoin.

Where it is wrong is when an investor invest huge amount money into Bitcoin that will later affect his personal living or lead to selling out his Bitcoin hodling.

It is true that investing in the Dollar Difficulty Averaging method is open to everyone and even if you invest using this method you will have the opportunity to buy Bitcoins in any market condition. But even though this is a recommended strategy for all of us, everyone needs to secure the reserved funds before investing in this method. Since we plan to invest in this method for a long period of time, we need to ensure that the investment continues comfortably for a long period of time.

No matter how much money we have, why should we invest it all together? Instead of investing the entire amount of bitcoins at once, we can invest in several steps that may be convenient for us. Maybe such an investment method or a few steps investment method @joyjuanjee has already mentioned earlier. Keep some amount of the invested money to buy dips, do regular DCA with some amount and keep the remaining amount to meet your family needs so that there is no hindrance to continue investing for a long time. So it is very important to keep the reserve fund before investing because in any market situation the reserve fund helps you to create opportunity to buy Bitcoin.