Buying the dip is not only for the traders, those that made preparations for it can buy the dip if the plan is there especially with a reserve fund, but as for me am not much carried away with buying the dip so that I will not get in to any troubles of not sticking to my plans so as no to use the money that is meant for another thing for investment my plan is to focus on dcaing, and am good with it.
Just buy whenever you want to. It's true that buying the DIP isn't only for the traders but it is for everyone, literally all of us.
And if you're not that much carried away by buying the DIP, then it only means that you're not pressured at all.
This should be what investing is, we're free to do it whenever we want and no pressures at all because you know how long the market will stand for.
We should invest in such a way that we never feel pressured to invest. This cannot be done when we want to stay away from investing when it feels pressured to us. Before investing we can plan long term but there is no problem if we invest consistently with less amount of money. If we keep depositing money little by little, then the amount of money will be much more at one time, similarly if we continue to invest little by little then the amount of investment will be much more at one time. Basically our objective is to invest and maintain investment continuity as well as hold investment for long term. It is difficult for many but the simpler we take it the easier it is for us to do it. Since investment is our personal matter, no one outside will interfere with the amount of money we have invested here, so we can make long-term investment plans if we want.
Essentially we can set aside floating cash and bitcoin deposits from discretionary income to make long-term bitcoin investment decisions and we should always focus on our strengths. Some investors make impulsive investment decisions but they need to strategize themselves by following a sustainable holding pattern on their long-term basis. Although low-income investors need to burn more time to get a decent portfolio, if they have patience and accumulate bitcoins at regular intervals, it is a Time can be greatly improved even if it requires more than two cycles. Build a backup fund to save yourself from unwanted stress while running Bitcoin deposits and keep cash floating around to make every decision smooth in meeting your family's daily needs. As you accumulate a holding over time your financial strength will continue to grow as well as peace of mind.
When it comes to investing in Bitcoin, it is very important to maintain regular investment consistency. Investing small portions regularly over long term eventually turns into a big asset, besides increasing our investment portfolio in long-term holdings due to Bitcoin's high potential, it gives us a lot of profit.
But this requires long-term planning, and financial stability is essential because we have to maintain it regularly. A certain amount should be kept invested in DCA on a regular weekly or monthly basis. In this way, it will become a habit of ours to invest regularly, as a result, the investment pressure will be reduced and you will be able to continue investing for a long time, and continue holding.
The first and foremost way to be consistent in investing in Bitcoin is to have a specific investment plan and set reserve funds. Whenever investors have enough funds to invest, they will be able to continue their investments smoothly without any hindrance. If we are financially stable in terms of investment then we can buy Bitcoin whenever we want in any amount. If are talking about stress free investment then you need financial stability first because when we see bitcoin price going down in the market we get doubt and stress in our mind. So to get rid of this stress or uncertainty we need extra money so that when the market goes down we can use that money to buy bitcoins for stress free investment.
You should have made your point more clear to the novice investors who may not have a lot of money in hand when it comes to investing in Bitcoin but they want to get Bitcoin and tend to hold it for the long term. I think investors should continue to deposit a portion of their discretionary income weekly or monthly in case they may not have enough money and should create a backup fund to protect the investment in case of future long term DCA. It is important to keep yourself stress free while depositing bitcoins regularly and tend to focus on alternative income in real life while also combining the necessary ingredients to deposit bitcoins for the long term. If an investor expects higher profits from Bitcoin in the short term, he should change his expectations and try to hold long term holdings.