Quote from: Litzki1990 on Today at 04:05:00 AM

Quote from: ginsan on December 31, 2024, 09:08:03 PM

Quote from: Uhwuchukwu53 on December 31, 2024, 08:44:58 PM

There is no doubt in all your saying, this classes of investor I called them undetermined and unstable investor because they will never achieve their goal reason because they are only centered on one direction of hoping when Bitcoin will dip before taken full advantage of the market, I remember back then when I was in the village when we fish in the river if your afraid of the wave and also felt that rain is falling it will be very difficult for you to catch many fishies, it's during wave you lunches the net , if wave is high and the rain is falling that you catches fishies. No fisher man catches all the fish he sells in the market one day it's a gradual catch. Correlating this to investing on Bitcoin one who is afraid of buying and only has a target when is dip may definitely end up buying less or even buy non if truly the expectations is cut short as it may happen some time that the dip is not what it's plan could be. The best is always accumulating within your reach at any given point provided the money to take accumulated is there. I totally agree that many do to waiting to see the dip according to their expectations has end up having no investment or even spend part of what they are even hoping to use in Bitcoin investment.

Well, on the one hand, don't compare other people's strategies too much with the strategy we are currently implementing. The reason is quite simple because they are already satisfied with their BTC ownership where they have been investing routinely since 2015 so that in the current situation they only buy at dips because they are already satisfied with what they have focused on since 2015.

So the difference with us is that we are still in the accumulation stage so the part that we have to focus on is of course buying routinely every week. We can also buy at dips in other words DCA runs routinely every week.

I assume those who are already satisfied are old investors but sometimes they also continue to add BTC ownership when the price drops because they have consecrated all their investments for the long term and do not intend to sell them if they do not need the money.

So the last point, we can only take an important point, namely the holder is winner and that is the right word for Bitcoin holders, so we want to be like them, so routine accumulation is the first step to achieving victory at some point in the future.

Some people get weekly salary and some people get monthly salary so if someone wants to invest consistently with job money then his investment will depend on his salary. If a person regularly invests four times that amount at the end of the month, the same thing will happen. Investors prefer the DCA investment method to simplify the investment process. Now if a person can invest daily and if someone can invest weekly and if someone can invest monthly then he should invest accordingly.
In short, this method allows the investor to consistently invest for a long period of time.

The main thing is that you should be consistent in depositing Bitcoin so that there is no gap in any month because of your determination and financial ability to hold and increase your holding. Considering the weekly income, the part of the discretionary income that you will continue to deposit Bitcoin is the amount that you have decided to continue depositing at the end of the month, regardless of the price. As an investment process, DCA is for investors of any level and recommends depositing Bitcoin daily or weekly or monthly, as per your ability. After receiving the weekly salary a investor should make up their mind to deposit Bitcoin at that time and not waste time so that the allocated money does not end up with additional expenses.

There are different recommendations for depositors expecting dips during investment, for which you should be prepared, such as additional backup funds. As @ginsan tried to say, those who are already satisfied with their holdings and if they do not have financial problems, they should keep holding for a longer period. And this can be after any period of weekly or monthly and with long-term journeys.