Quote from: Grace333 on March 06, 2025, 09:20:08 PM

Quote from: JayJuanGee on March 06, 2025, 12:36:05 AM

Quote from: MusaPk on March 05, 2025, 04:45:46 PM

Quote from: JayJuanGee on March 04, 2025, 06:33:08 PM

It can be difficult to say for sure what any person should do, yet if a person invests similar amounts of value on a regular basis (such as weekly) for 4 years straight, then their average cost per BTC will be right around the 200-WMA - and historically, an overwhelming majority of times, the BTC spot price is at least 25% higher than the 200-WMA.

That's where the success is i.e. keep investing regardless of how much money you have. It's best to invest whatever you have instead of not investing at all. If you see bitcoin 200 WMA vs spot price then most of time spot price is higher then 200WMA except from Jun 2022 to Oct 2023 where spot price of Bitcoin went below 200WMA. Today Bitcoin spot price is 2x times the 200WMA
https://bitcoindata.science/withdrawal-strategy

Quote from: JayJuanGee on March 04, 2025, 06:33:08 PM

Of course, there are no guarantees, so any of us who might be attempting to think and act rationally, may well consider that it would be good to invest into bitcoin for a whole 4 -6 years or more and then perhaps to reassess after that. Surely if we are able to frontload our bitcoin investment, then we may well have differing results, yet there are not too many normal people who are easily able to frontload their investment into bitcoin. And, yeah, for sure, each person has to decide for themselves whether and if so how to invest into bitcoin.

Forget about the one who are not easily able to frontload their investment into bitcoin, talk about the one who are willing to invest in Bitcoin. The one who don't have any doubt about Bitcoin that it's price will go high with passage of time should invest in Bitcoin for 5 years at least and if they are not in rush then they might HODL for even longer duration.

Of course, there is some value to keep investing into bitcoin on a regular basis, such as weekly, yet anyone has to attempt to coordinate his amount invested into bitcoin with the amount of discretionary income that he has, and surely if income and/or expenses are erratic or irregular, then there maybe additional challenges to keep the weekly amount invested as regular.

Ability to front load a bitcoin investment might not be common, yet it still can come up from time to time, even for a person who might have had been investing into on a weekly basis for a year or two, such person might have cashflow circumstances in which every once in a while he receives bonus amounts of money or even that he has unexpected amounts of extra money that might come available and then provide opportunities to front load the bitcoin investment, whether he chooses to invest right away with all of the extra money or to set up deferrals by DCA or deferrals by buying on dip that may or may not end up playing out.

From the scenario you cited out, it shows that a bitcoin investor has to have a steady source of income for a healthy bitcoin investment. Its not all about having the initial amount to start with, what if you run into problems that will require you to make withdrawals because there are no other source of income. I hear some people say "borrow to invest" one can only borrow to invest if you already have a guaranteed source of paying back without considering your investment. The fear of missing out on the dip can make an investor borrow in other to take advantage of that opportunity but he should have the capacity to pay back without intervening his investment. The reason I picked DCA above every other strategy is because, it is applicable to all market trend. At pump, dump or sideways one can make investment without considering the market price and will end up with profits if patience is exercised.

Yep. Exactly! If you are new to investing it can take 4-10 years just to start to build up an investment portfolio to a point that you are starting to feel comfortable with it, even if you might have had been able to frontload your investment at various points along the way. A certain amount of patience is needed to build it up to a point that if the asset goes up considerably, then you have already established a decent position into such investment so that you are advantaged by it going up.

Anyone who is in their first bitcoin cycle should not be spending time cheering for the bitcoin price to go up or even fearing if the BTC prices go down, and really it can be quite difficult for any beginner to really know which way the BTC prices are going to go, and it is not even as if a more experienced bitcoiner is going to know either, even though a more experienced bitcoiner may well have had a bit more time to stack his bitcoin position to higher levels.. and so yeah, each step along the way, the newer investor can keep building his bitcoin position and assessing his progress to figure out the extent to which he might need to adjust his ongoing accumulation of BTC, and sure maybe after 4-6 years he might start to feel that he is in a position to make adjustments, yet he may still not be quite in a position in which it makes sense to stop stacking regularly, persistently, ongoingly and perhaps even continuing to be aggressive in his stacking of bitcoin.

Guys can come to differing conclusions, but there are not a whole hell of a lot of guys who really are able to front load their bitcoin position and then to stop stacking in less than 4 years, even though I am not going to proclaim that no one can do it, since there are some guys who can do that, yet many normal people are likely going to be better off stacking more than a whole bitcoin cycle before they might start to really see that they had gotten themselves into a position (or a bitcoin stash size) that is sufficient that they can adjust their buying into a position of maybe either less buying or just waiting to get to their next stage which might be where they start to sustainably withdraw based on price based techniques and/or based on time based techniques.

Quote from: Abiky on March 06, 2025, 11:53:08 PM

Of course. Bitcoin isn't even worth $1m (USD) yet. So there's plenty of time to get in before the "big pump". Even cash (coins and paper money) and plastic cards (credit/debit cards) are still a thing. Once we get past that, adoption for digital payments (particularly CBDCs and crypto) will rise. Only then, it will be late to get into Bitcoin.

You are repeating your wrong idea about sometime in the future it being too late to get into bitcoin, which truly is not true.

If you are a no coiner, then it is never too late to get into bitcoin, and if you are a low coiner, then by definition, you do not have enough coin.. so you have to get more.

If you determined that you have enough bitcoin, then sure, you might be correct, but you might be mistakenly believing that you are not a low coiner, when you in fact are a low coiner... and so if you are a low coiner, then you need more coins, even if you wrongly concluded that you are not.

Right now, an overwhelming majority of the world's population is either no coiners (probably close to 99% of the world's population), and then some additional folks who have bitcoins, yet perhaps most of the coiners are actually low coiners who don't realize that they are low coiners...so they are not continuing to work to get more bitcoin, as they should be.

Quote from: Bd officer on Today at 01:13:04 AM

Quote from: Grace333 on March 06, 2025, 09:20:08 PM

From the scenario you cited out, it shows that a bitcoin investor has to have a steady source of income for a healthy bitcoin investment. Its not all about having the initial amount to start with, what if you run into problems that will require you to make withdrawals because there are no other source of income. I hear some people say "borrow to invest" one can only borrow to invest if you already have a guaranteed source of paying back without considering your investment. The fear of missing out on the dip can make an investor borrow in other to take advantage of that opportunity but he should have the capacity to pay back without intervening his investment. The reason I picked DCA above every other strategy is because, it is applicable to all market trend. At pump, dump or sideways one can make investment without considering the market price and will end up with profits if patience is exercised.

No, in my opinion you should not invest with debt. Because it may happen that you have invested with loan and failure to repay the loan can affect your investment. So you set a budget from each month's income and invest according to that budget on a weekly or monthly basis using the DCA method. You don't need to take a loan to buy a dip, if you invest in the DCA method you can buy bitcoins at more or less average prices. We should not rush to invest, we should plan long-term investment. To be successful in bitcoin you need to continue investing in long term DCA method, if you can continue DCA for long 8-10 years then no need to borrow, you will be able to buy dip if you continue DCA.

You are right that there is no need to use debt to buy bitcoin, yet there was nothing wrong with the way that Grace333 mentioned the use of debt to be something that the debtor is able to service outside of the performance of the investment. Accordingly, the use of debt is a more advance technique that is not necessary in bitcoin, yet each person can decide for himself if he is in a position to utilize debt as a way to front load his bitcoin investment, with a realization that debt has risk, bet carries additional costs and that he is able to service the debt outside of his investment (in this case investment into bitcoin).