Quote from: JayJuanGee on March 18, 2025, 09:40:17 PM

Quote from: philipma1957 on March 18, 2025, 07:29:59 PM

Quote from: tiCeR on March 18, 2025, 05:34:30 PM

Quote from: philipma1957 on March 18, 2025, 05:27:43 PM

I have two sets of funds.
One for buying dip

One for real issues whatever those issues are.
Today I purchased dip.

What if buying the dip turns into a real issue? Cheesy

Which account are you using then or justify to make use of?

buying the dip will Never be a real issue.

and my dip fund will never run dry.
my emergency fund should also not run out.

now course all of the above could get really bad and I could be all wrong but for now things are working.

Part of your historical problem (that you seem to be repeating) is that you have been holding too much in cash.

So then on the other side of the bet, if the BTC price goes up, will you run out of BTC. Most likely you will, which is part of the problem of disproportionately holding value in the dollar rather than in bitcoin.

Sure, your situation may well be somewhat unique (and perhaps even appropriate to yourself) since you are in your late 60s as compared with someone who for sure know that they have a longer timeline.

One of the more important questions for many guys would be that they need to be building their BTC stack and preparing for up, and sure there is no problem to have some money to be available for buying extra BTC on dips, yet the main method that bitcoin newbies (or anyone in their earlier stages of BTC accumulation, such as less than a whole cycle) should be mostly buying bitcoin regularly, consistently, persistently, ongoingly and perhaps even aggressively. Buying on dips that may or may not happen is not a good strategy for those who consider themselves to be low coiners and/or still largely in their stages of accumulating bitcoin. In other words, you cannot assure any capacity to accumulate bitcoin by selling BTC and hoping to buy back cheaper, but instead by ongoing buying bitcoin and not selling it.

Sure at some point, some guys might reach a point in their bitcoin accumulation journey in which they have enough BTC or more than enough BTC, yet I doubt that the selling of any BTC should be for the purpose of wanting to buy back cheaper, but instead merely selling from the more than enough portion of their bitcoin stash... so if a person were to have a goal to have an $80k per year income, then I would consider that right now his threshold level of bitcoin would be 17.83 (which would be withdrawing the $80k per year based on the 200-WMA valuation and a 10% per year withdrawal rate based on the dollar value at the 200-WMA rate).

However, if the guy actually were to have 21 BTC or more, then he would have 3.17 BTC surplus, and surely he would be in a good position to be cashing out from his surplus BTC, whether he did it on a monthly basis to reach a $6,666 per month income or if he were to do it on some other periodic basis. I personally believe that if he has the minimal threshold level of BTC, then the value of his BTC would be growing faster than the rate that he is cashing out.

Quote from: GIF-JOBS on March 18, 2025, 09:19:41 PM

Quote from: Agbamoni on March 18, 2025, 08:44:44 PM

Quote from: tiCeR on March 18, 2025, 05:34:30 PM

Quote from: philipma1957 on March 18, 2025, 05:27:43 PM

I have two sets of funds.

One for buying dip
One for real issues whatever those issues are.

Today I purchased dip.

What if buying the dip turns into a real issue? Cheesy

Which account are you using then or justify to make use of?

Buying the dip will never be an issue if you program your discrentionary income very well.
I can spare money for parties, and recreational activities in other to buy the dip.
Except your income stops coming perhaps you quit your job, get sacked or stop having client in your business. Only then can buying on dip be limited.

I agree with you, if your income is continuous, then buying DIP can never be a problem, rather it creates more profit opportunities. So if there is an opportunity to buy, and there is a good source of income, then you should definitely buy DIP. If an investor understands Bitcoin correctly, then he would never miss the opportunity to buy DIP, they would use these moments to their advantage, and for them DIP will not seem like a crisis moment, but rather a golden opportunity. That is why I think an investor should understand Bitcoin, and should buy DIP (if financially capable) along with DCA.

There are still trade-offs if you are holding back some money for buying the dip purposes.

I am not trying to suggest that you do not employ tactics to buy the dip, yet I do object to each of you (GIF-JOBS/Agbamoni) trying to suggest that there are no trade-offs if you are choosing to hold back some money for buying the dip rather than using that money right away to buy BTC...and perhaps to keep in mind that dips may or may not end up happening.

Yes boss there still trade-off in holding back some money to buy the dip, because there is always a need to prepare for dips, because it due happen at any given time.

If an investors buy bitcoin every months at least and within the period he purchase, it many happen that period of buying Bitcoin, the price can be dips. So buying the dip can't never be an issue, once you adopt the mothed of dollar cost averaging, where you can make use of buy buy buy buy buy buy and also have your emergency fund buy side and never make it look so dry in given time, because that is the only way you can hold dip for a long cycle.