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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.

Just as you have said buying at the dip with some viable strategy it is not advisable to make if you have a well planned discretionary income you can take advantage of the market downturn without compromising your stability, and also your points about income continuity is not advisable as long as your income remains steady one can continue to buy at the dip season however if one's income is determined due joblessness, business turn down it advisable for them to reassess your income priorities and quickly make your adjustments income strategy accordingly.

What do you mean by viable strategy, if it is seizing the opportunity of dip and buying aggressively then saying it is not advisable is wrong. Buying Bitcoin aggressively when there is Dip is not a bad idea or bad approach provided you have the capacity to..., but it will be very wrong for someone to invest aggressively when there is dip out of covetousness on what his or her friend have in there wallet, always try to do things according to your capability so that it doesn't bounce back on you because it will be pointless after investing aggressively and then you sell off everything you have invested because you get stranded. There's difference between investing in Bitcoin and investing in Bitcoin wisely.

Well buying bitcoin aggressively during the dip is know as viable strategy but only been done responsibly it essential to invest according to your financial capabilities and risk management rather allowing emotion to control you like the FOMO.

Allowing your emotions to control you while on plan of purchasing bitcoin is just something else, this is a strategic market not an emotional one, buying based on an emotional rush is a sure fire way to financial collapse.
Also the issue of investing from your capital (business or salary)When you are not earning enough is just wrong, coz along the way you will be tempted to tamper with your investment at a bad timing due to financial emergency, discretionary funds should almost always be the funds used to buy bitcoin either during a dip or otherwise to prevent financial mortgaging.
I naturally still won't advise a newcomer into bitcoin to wait for a DIP before making purchase, you might end up waiting a long time, you could even lose interest along the way, using your discretionary funds, you can strive to make purchase on a weekly or monthly basis.