Quote from: Wind_FURY on Today at 10:06:41 AM

Quote from: freedomgo on September 27, 2024, 09:42:38 AM

Quote from: Wind_FURY on September 27, 2024, 09:00:02 AM

Research Bitcoin's market performance in every Q4 of a halving year. 👀

Actually, there's no need to research this....we've been in the Bitcoin world for a while and can see that bull runs usually happen in the last quarter of the year, as long as the market is bullish. So I wouldn't be surprised if Bitcoin gets super bullish in the last quarter (it's already starting). That $100k target is very feasible, and it could even go way higher than that. You never know, as prices tend to go wild during bull runs.

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No need? But there is! We can't be uneducated fools who merely HODLing Bitcoin. Although, it's true that Bitcoin to six digits is "programmed", but we need to research, READ, be informed.

There is no need to study bitcoin in any kind of depth prior to getting started investing into it, perhaps beyond just considering that bitcoin has decently good chances to go up in the next 4-10 years or more. The other thing for the investor to study is a mere conclusion about whether he has any disposable income or not, which he should already be able to assess whether he has an extra $10 or $100 or $1k or whatever might be his initial investment amount, and so from there on out if he starts to buy bitcoin on a weekly basis, he can get his cashflow management in order, which sometimes can take a while to get into a solid and strong place, and he can study various aspects of bitcoin at the same time.

Quote from: Wind_FURY on Today at 10:06:41 AM

Plus to those doubters who believe that $100,000 will be front-run by "traders" is laughable. Bitcoin has been accumulating between $50,000 and $75,000 and the doubters expect a surge of merely under 30%?
¯\_(ツ)_/¯

I agree with you here. There are so many folks who are overly excited about $100k. Sure, it is a nice round number, yet at the same time, it remains quite overrated as some kind of a stopping point or some target that is really meaningful in the whole scheme of things.

Quote from: laijsica on Today at 12:03:05 PM

Quote from: sotelorene on Today at 05:54:48 AM

[edited out]

Yes in terms of investment lump sum investment can be very useful for an investor if he has excess money supply but he has to choose the right time to do it like dips price trend.

That is not true. Lump sum does not have to be employed on the dip. If you believe that lump sum has to be employed on the dip, then you don't seem to know what lump buying is or how it differs from buying on the dip.

Sure, you can choose to allocate some lump sum for buying on the dip, yet there are disadvantages to any waiting strategy in terms of how much of a dip you are wanting to get and/or how long you might want to wait for such possible dip that may or may not end up coming.

Whether you employ buying on the dip or not with the lump sum that you have available may also depend upon how much BTC you have already been accumulating. If you are brand new to bitcoin and you have no bitcoin, then you would likely consider the matter differently as compared with someone who might have had been involved in buying bitcoin for more than 3 years.

And even with you, laijsica, potentially you have been involved buying bitcoin for 7-8 months (based on your forum registration date), you might not be advantaged by waiting for a dip versus just buying right away if you wre to have a lump sum amount of fiat come available to you.

Let's say that either a brand new person to bitcoin or you, suddenly came across $6k that he could completely authorize to invest into bitcoin. What is that newbie bitcoin going to do with that money in terms of how to accumulate bitcoin? What are you going to do? You have three categories to consider, which is DCA, lump sum and buying on dip. Sure, you can combine them, yet they are still three separate categories to consider, and the answer is not obvious since there are advantages and disadvantages to each of the three BTC buying methods. Maybe if someone is confused, then as a default starting point, he might consider to divide the money into three equal amounts $2k to each of the methods... yet surely his own particular circumstances may well make a difference, such as if either he had already been buying $100 per week in BTC in a DCA way and/or if he plans to continue such already existing $100 per week DCA strategy, the considerations of how to treat the extra $6k should be considered within such context, but also within the context of considering all of the guy's 9 factors.

Quote from: laijsica on Today at 12:03:05 PM

If you don't get suitable bearish then you can start depositing bitcoins with DCA method and if you get low price of bitcoins during deposits regularly then lump sum buy may be more useful for you to get more holding in less time.

At least it seems that you understand the three methods, even though you seems to be conceptually mixing them up at the same time.

Quote from: laijsica on Today at 12:03:05 PM

I think a typical Bitcoin investor would tend to buy in bulk when the price dips while staying with the DCA method.

That is a fair assessment if you already are within a dip and you receive the extra money.. yet if you are not in a dip, then lump sum buying would include deciding whether to buy right away or if it is worth it to wait for the dip with such money, and of course, you do not necessarily need to allocate the full amount to whatever decision you end up making.

Quote from: laijsica on Today at 12:03:05 PM

Although it totally depends on his financial capability. By having a backup fund for invested assets and managing it for the long term you can get a lot of bitcoin holdings.

I would say that you are correct in the sense that if a guy has strong cashflow management systems in place, which would include having sufficient levels of back up funds, then he is in a stronger position to invest more aggressively into bitcoin with any potential extra income that he gets currently or in the future. If his cashflow management and backup funds are not in a good position, then it well could be a good idea to use some of any current or future discretionary income (whether regular salary or some lump sum amounts that he might receive) to put his back up funds into a better position, and sure, since money is divisible, he can build his back up funds and his bitcoin holdings at the same time... so then once his back up funds are built to a sufficiently stronger place, then he would be able to invest into bitcoin more aggressively from thereafter with his future income or any income he has coming in... of course, the discretionary portion of the income (the part that is beyond what is needed for his expenses).

Quote from: laijsica on Today at 12:03:05 PM

Lump sum buy for assets such as Bitcoin allow an investor to acquire larger holdings over a short period of time.

By definition, lump sum allows buying right away, so whether that is held in order to buy on dips, then that would cause it to be buying on dip deferral, or it could be deferred to buy in a DCA kind of way.. but yeah, if it is used to buy right away, then that becomes an option too, whenever anyone might receive a large quantity of cash that might not have had otherwise been available.