Re: Buy the DIP, and HODL!

It appears that some investors may not really understand what it means to hit a state of overaccumulation or a fuck you status, some believe they’re ready to start withdrawing when they’ve stashed out a good amount of Bitcoin, which is absolutely false. If an investor is still seeking to get his hand on more bitcoin and still wish to accumulate more, then that’s a pretty good sign that they’re yet to hit a state of overaccumulation and therefore not a good time to start initiating a withdrawal because they’re still pretty much in an accumulation phase, which is a pretty wrong time to thingk about using or withdrawing their Bitcoin.

Yeah, many people often think that this overaccumulation state is when they’ve managed to accumulate a lot of Bitcoins, they mostly feel they’ve reached this stage before they actually do get there, so it’s good to remember that the take home from this is that, when an investor still feel the desire to accumulate more bitcoin, that’s a pretty good sign that they’re yet to reach that state.

I believe the over accumulation status has it's reference on your accumulation target, whether you've exceeded it or week within it.
Let's take for example, someone with a target of accumulating 15BTC, ends up getting 20BTC before their holding period terminated. Such a person is now in his over accumulation phase.

Now considering the fact that the person desires to have even more BTC to his portfolio and resets his accumulation target to 30BTC, then such a person switches from being in over accumulation stage to being in an ongoing accumulation process and should abide by the principles of consistent, committed and aggressive purchases until he reaches his new target, possibly surpasses it and returns to an over accumulation stage again.

I think setting a target of reaching a particular amount when accumulating Bitcoin is okay however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better, the reason why I'm saying these is because what determine how successful you may be in your Bitcoin investment journey is not the reaching a particular amount but holding and waiting till Bitcoin breaks a great price record.

setting a target of a particular amount to reach when accumulating BTC is not okay, only an investor without a vision of investment can do that, an investor who is committed and know what he or she is doing we never set aside a particular amount he or she will reach when accumulated BTC.
That why there is something call discretionary income, this is the income you we use for your investment.
And Also know that emergency fund is needed for the smooth running of your investment, to enable you buy your BTC and hold for long term.

I think you are confusing your self because I don't see any connection with your first paragraph and your second.
Yes I said setting a target of reaching a particular BTC amount is okay and I also said however to avoid being tempted to withdraw when you reach that account so quick is better we set a target of accumulating and holding for a particular year maybe 5 to 10 years or even more will be better.
Dee_BlackdAddy you can't say setting a target of reaching a particular BTC amount is totally a wrong strategy because one can set a BTC amount target that can even take more than 10 or 20 years to achieve so In a case like this how is it a wrong strategy, when Bitcoin was $1k there may be investors who set a target of accumulating and holding till Bitcoin hits $100k if any investors back then did this I don't see anything wrong with that.

Guys, this argument is really not necessary. You are both saying similar things but from different angles. Every strategy that is used to invest in Bitcoin can work it all depends on the person who is adapting the strategy but just so you, short term investment is not a strategy. I think you guys has been contradicting short term and long term to be strategies they are literally longevity of our investment. In strategy we can either DCA, Lump sum, buy the dip and a few others. All of these strategies can work if we invest in them properly with a detailed plan. This plan now involves whether we are accumulating our Bitcoin and holding it for a long period of time. Short term plans are simply considered to be trading because the longer the better in the potential benefit. If someone reaches their BTC target earlier than they expected, they might want to take their profit especially if they see tangible profits but that's where the long term plans comes in. Is better not to take within that time but it is better that in long term they will be happy for the amount of Bitcoin they had if they continue accumulating and the potential benefit they get from the investment.

At the end of the day, we all just want to win. The more we accumulate the more we should be expecting some better in the future. Whether we hit our target quicker like it was planned it doesn't stop us from accumulating if we still have the funds to continue and most aseptically if we have not reach our goals.. I dont know how others tend to go about their investment i found a better way to do it.

I think our accumulation should be based on the duration of our investment not by reaching a particular amount target for those who are using DCA. That means if the duration is 5 years, you will keep accumulating that percentage until the maturity date. Setting a fixed amount is good but most persons will likely stop investing once they reach there target. Lets not forget that the more Bitcoin we have the more profit we will get in the future.