Re: Buy Buy Buy or Sell Sell Sell?

At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

I have seen much of the repeatation of this discussion and I believe it is only a stubborn fly that will follow the corpse to the grave , why not take advantage of the market presented to you than waiting for the one that you are not sure of, if only anyone can understand what volatility means in the market I think waiting when you have your investment money available is a wrong decision especially when you knew you have little of Bitcoin in your portfolio. It is reasonablely practicable to buy the dip when preparations are made for it with a reserve funds while still Buying with the dca strategy because waiting for it may up in big regret.

The main point of DCA is to buy consistently, if you do not buy consistently, we cannot call it DCA. Now, if someone wants to buy DIP, then he has to keep a separate fund for that. However, in the case of DCA, there cannot be any weakness or irregularity in buying regularly. But in the case of a new investor, they often get scared because they do not understand the market fluctuations and hesitate to make the right decision. As a result, they often face losses. So you have to understand the right thing and think long-term. Many people have many mistakes in their thinking, they want to profit by using market fluctuations, but when they actually do it, they face real losses. So the wrong decision will lead people in the wrong direction, so from the First stage, think rightly and move forward using the right strategy.

The money you can use in buying bitcoin is your Discretionary income so keeping a separate money to buy during the dip which is not part of your Discretionary income could be wrongunless it is still from your Discretionary income but there is not reason to keep a separate money for buying the dip when the dca strategy is there because with this dca strategy you can be buying bitcoin consistently it doesn't stop you to buy even when the price is low, so with the dca strategy you can buy bitcoin even when the price is at dip or not.

keeping a separate money to buy bitcoin during the DIP is not a wrong decision, you can still accumulate bitcoin using the DCA method with your discretionary, and still keep a separate money to buy bitcoin during the DIP, it doesn't not matter provided you are buying bitcoin to hold for a long period of time.

Use the money to buy bitcoin using the dca strategy instead of keeping it to buy when bitcoin is dip, what if bitcoin doesn't dip? That means you won't use it to buy bitcoin?, add it to your Discretionary income instead and increase your bitcoin or even if it dip it may not go to your expected price to buy there is nothing wrong if you still add it your Discretionary income buy bitcoin and still hodl.

for you to make this kind of statement, that means you don't know bitcoin, bitcoin is a volatile asset that is to tell you that it must DIP in other for the market to get balance.
In the history of bitcoin, bitcoin has been going up and down, bitcoin price can not continue to raise without a DIP, it is impossible it have never happened since the creation of bitcoin, so be guided so that you won't misled newbies.

You guys should stop having this argument.
You are correct and the separate money can also be called a reserve funds, there is nothing absolutely wrong in mixing up strategies provided provisions are made for them accordingly, you can be doing your DCA strategy and at the same time also take advantage of the dip when it occurs with your reserve funds provided that you are not only buying to hold for a long period of time as you said but you are also taking care of your needs comfortablely.