Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
JayJuanGee
on 19/03/2025, 01:14:39 UTC
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.
In light of what you are saying sir jayjuanGee if only we consider that DCAing completely has a lot to do with purchasing Bitcoin at any price points which includes catching the dip points there wouldn't be much priority to be given to holding back money for buying the dip purposes but however, even if such preparation should be made allocating a lower percentage of money can be more better of and preferable than doing it excessively, one of the major problem with those prioritizing buy the dip is that they end up not being satisfied with the dip presented to them and hoping for more dip which may or may not end up happening and thereby miss various opportunities they could have utilize and buy Bitcoin.

The answers and the balancing in regards to any of these questions does not contain absolutes, and in the end each of us has to figure out our balance in regards to how we might apportion the discretionary income that we have and any other resources that we have.   

Surely very beginning guys who hardly have any income are going to have fewer options, yet still some of these guys still choose to save up for dips rather than buying regularly, so it hardly makes any sense to me that poor people frequently think that they need to try to get more bang for their buck rather than buying $10 worth of bitcoin every week, they end up saving their $10 per week for long periods of time, and so then they lose a certain amount of momentum because they are trying to be too smart for their own good when they should be attempting to force themselves to buy every week, especially if they clearly have figured out that they have the  $10 per week of discretionary income that they are able to put into bitcoin.  Reinforcing their priority of bitcoin every week is also going to help their thinking and their focus and perhaps even help them to think on a weekly basis about if there might be ways that they might be able to increase their income and/or decrease their expenses.

Some guys might consider that since they have $100 per week, then they have more value that they are able to divide up, so then they might consider holding some of the money back for buying dips, and I am not even proclaiming to know the answers for someone else, since each person is in a position to figure out his own various balances, he has to figure out the extent to which he feels better to have some money that is set aside for buying dips, and the extent to which he might get financial and/or psychological benefits from having that money on the side that might build up and he might even create dip amounts that he feels would justify having that money to buy dips, while at the same time, appreciating and recognize that there are trade offs in regards to his chosen way to allocate his money.

There surely are some guys who hold high proportions of their weekly discretionary income for the buying of dips, and some of them are convinced that holding high proportions for buying dips is a preferable method to deal with their bitcoin buying and to hone in on their level of aggressiveness.   There is some psychological component in regards to guys figuring out their level of whimpiness or their level of aggressiveness when it comes to bitcoin, and hopefully, each of us is able to find some comfort level that makes us feel comfortable in regards to balancing our wants to ongoingly buy bitcoin, yet our dealing with how we feel when the BTC price dips.  We should be trying to set up our system and put our system into practice in such a way that we are somewhat emotionally neutral.  We are prepared for the BTC price to go up or to go down and either way we have a plan about what we are going to do.  Our DCA amount should feel sufficient that we are prepared for UP, and whatever value we hold back for buying on dips is not going to be too much that we are going to end up upset if the BTC price ends up going up rather than down.

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.
In light of what you are saying sir jayjuanGee if only we consider that DCAing completely has a lot to do with purchasing Bitcoin at any price points which includes catching the dip points there wouldn't be much priority to be given to holding back money for buying the dip purposes but however, even if such preparation should be made allocating a lower percentage of money can be more better of and preferable than doing it excessively, one of the major problem with those prioritizing buy the dip is that they end up not being satisfied with the dip presented to them and hoping for more dip which may or may not end up happening and thereby miss various opportunities they could have utilize and buy Bitcoin.
Any investor who wants to wait or that is waiting for Bitcoin to Dip to his level of satisfaction is not doing the right thing if at all they are worthy to be called a serious investor. The fact that we don't know how much the market will Dip should trigger us to seize the opportunity whenever there is Dip that is if we are capable or prepare for it, everybody may not have money to seize the opportunity but that shouldn't make one to stressed themselves because they want to increase there portfolio, market dip don't use to end so we should relax when we don't have money to invest aggressively when there is Dip but rather we should take it as a challenge and prepare next time before the Dip comes again. the worst mistake someone will make is seeing Dip passing you by simply because you are not prepared and then refuses or forgets to prepare for next Dip.

I doubt that there is any need to prepare for dips, merely because they happen from time to time and can be somewhat deep.

If a person is buying bitcoin every week, then within those buys there may be periods in which the BTC price dips. 

A person can decide in advance whether he wants to hold some extra value aside for buying dips, and if for some reason the person feels bad if he runs out of money for buying the dip, then maybe for his own psychological benefit, he might need to make additional preparations for buying the dip, yet the mere fact that he feels bad that he does not have extra money for buying the dip, does not mean that he needs to change what he is doing, especially if he is already buying every week and especially if he might have already set some values aside for buying the dip, but those dip buying amounts were already spent.

Of course the more discretionary income a guy has, then the more ability he would have to hold some value aside for buying dips, yet it still is not mandatory that he holds value aside for buying dips rather than just fitting whatever dip buying into his weekly buys.  If a guy had been buying $100 worth of bitcoin for the past year then yeah, he had invested  around $5,200 into bitcoin, so each week he has an additional $100 that he can buy or he can try to strategize using that for buying on dips within each week, yet each week he will have another $100 that he can use to buy bitcoin, whether automatically or trying to buy on dips within the week.  Sure it is possible that he might be able to accumulate more bitcoin by timing the dip or even by saving some of the $100 for buying dips.. but in the end it might not make a very big difference except for maybe psychologically.

Sure the guy might receive some kind of bonus of $2,600, so then he realizes that he has right around half of a years DCA amount in front of him.  yes, he could set aside part of that amount for buying dips.  It might make him feel good since he will continue with his $100 per week of DCA, but yeah, the guy has to decide, and there no exact correct right answer.. and in the long term after 10 years or more of accumulating bitcoin, the guy is going to have some periods in which he might have had steady income and other periods that he did not.  He might have periods that he was able to buy the dip and other times that the price went up and there was no dip... so balancing between lump sum, DCA and buying the dip can have some fun components, and sure some differences can be made from time to time, yet over very long periods of time, we likely realize that our investment into bitcoin added up to 100s or even 1,000s relatively small increments of investments into it, and sure maybe we got some extra BTC from time to time, by some of our strategizing (which made us feel good), yet the more important aspect likely had to do with our figuring out our level of aggressiveness rather than figuring out the extent to which we should spend energies to figure out how to buy on dips.

Exercising aggressiveness or whimpiness in regards to buying bitcoin is a longer term chosen practice, and there likely are ways that we can exercise all of our different buying strategies, especially the more aggressive that we are trying to be while not overdoing it.  We might seek getting extra jobs and various ways to not spend money so that we can use that money to buy bitcoin.   Those ways of being aggressive are likely better strategies as compared to considering that we need to hold large amounts of money aside for buying dips, and if we are exercising an aggressive approach to our bitcoin accumulation, we are likely already going to be inclined toward buying bitcoin regularly rather than employing waiting strategies that may or may not end up working out (if there does not end up being any dip during the times that we are holding back value to buy lower).