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Man, you’re a true Bitcoin Veteran I must confess. Buying Bitcoin at $1,200 in 2013 and averaging down in 2014 and 2015… now that’s really something and it takes some serious conviction. I can only imagine how difficult it must have been watching your Bitcoin holdings taking a serious hit in 2015, but it’s pretty commendable that you kept calm and focused on your consistent DCAing, I must say, not every Bitcoin investor can do that. And I must say that it was also a very commendable move, getting your average cost down below $500.
And Hey, mistake happens all the time right? And it’s pretty much part of the learning process. $1k average cost might not be considered to be the lowest, but when you think about it, it kinda serves as a pretty great reminder how much of a long term game investing in Bitcoin really is right?
For sure there can be various ups and downs along the way, and surely there can be various justification for whatever we might do along the way of our bitcoin accumulation path.
Even though bitcoin's prices are higher than they were between 2013 and 2016, to me it seems that bitcoin's investment thesis has gotten stronger over the past 9 years too.
Surely guys have to figure out for themselves in regards to how aggressive they want to be in their own bitcoin accumulation journey, and for sure, I continue to consider it valuable for guys to figure out that being as aggressive as they are able to be for a whole cycle or more is going to help to get them started in bitcoin with a good base, and they should be able to reassess from time to time after accumulating for a whole bitcoin cycle if they want to continue to be aggressive in their bitcoin buying or to start to modify their approach.
For anyone investing bitcoin aggressively, at some point some bitcoin dilemmas can occur where we find that whatever we are able to add to our bitcoin stash is no longer any kind of a significant amount in comparison to the size that the whole thing as become, so perhaps at that time we transition away from aggressively accumulation and we go into some kind of a maintenance stage for a cycle or so... before we might transition into sustainable withdrawal.
Various bitcoin developments in the past couple of years have really been positive in regards to building up adoption, even though a lot of the developments have been in the financialization direction rather than on the ground usage, so I would think that anyone brand new to bitcoin or even in his first whole bitcoin cycle should have no reasons to fail/refuse in terms of working towards establishing a bitcoin stake, and yeah, I feel lucky, in some sense, since I had largely established my stake within about 3 years with most of it in the 1st year, but I also have disadvantages in regards to having had come to bitcoin with more than 20 years of investment experience, which also means that I was an older rather than a younger investor, which brings its own disadvantages..
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During 2019, I purchased Bitcoin with most of my savings and I thought I already had enough. But when you log in to a forum everyday that only talks about Bitcoin, you are sort of making yourself accumulate MORE. 
That's what I did during 2022 and 2023.
Next accumulation, perhaps 2026?
...........................It's a matter for personal preference. I like to buy DIPs during a bear market when the price is near, is touching, or under the 200 Simple Moving Average of the weekly chart. But newbies can DCA if they personally believe it's right for them.
Have you been able to outperform a strict DCA approach, like the one that I mentioned earlier?
It's just my personal preference. I already invested a good amount of my savings during the DIPs of 2019 + some small purchases in different price points during 2022 and 2023. I'm OK with waiting for the DIPs of another bear market which could be coming during 2026.
That's a mere ten months from now. Plus the strategy has already worked for me before, and it has given me less stress and anxiety.
The only time waiting for that long can be good is if you have reached a fuck you stage in your Bitcoin investment by fuck up stage I mean if you have accumulated enough Bitcoin to the extended that even if you don't work your Bitcoin investment can take care of your expenses, but if you have not Accumulated enough Bitcoin or you have not reached a fuck you stage is not advisable to wait for any dip.That's a mere ten months from now. Plus the strategy has already worked for me before, and it has given me less stress and anxiety.
I think this should be made clear like this so newbies won't believe even them who are just starting can also wait, those who are just starting or have not Accumulated enough should not wait for DIPs of another bear market because it will slow them down in there accumulation and again you can't be too sure when it will happen so I think people who should be concerned about DIPs of another bear market are those who have accumulated enough Bitcoin or have reached a fuck you stage not newbies or people who have not Accumulated enough.
Wind_FURY also claims that his being poor helps to justify his ongoing employment of buy the dip strategies rather than straight-forwardly DCAing on a regular and persistent basis.
Even with an investment of a mere $50 per week, over the past nearly 9 years, Wind_FURY could have had invested $23,150 and accumulated about 5.22 BTC. Even if his investment amount might be different, I doubt that his buying the dip strategy has outperformed a straight forward ongoing buying strategy.
It sounds as if you had been in bitcoin since mid-2016, yet you did not start to accumulate until 2019.. and still you were likely whimpy during that time, even though you are suggesting that maybe you had been saving up between mid-2016 and 2019 in order to start to buy in 2019 with whatever you had saved up by that time.. I would suggest that is whimpy.
So then sure again, you are saying that you accumulated in 2022 and 2023, presumptively with your savings between 2020 and 2021...
You seem to be proclaiming that you only buy during a period of once every four years, as if you can figure out when to buy from those kinds of circumastances.
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Brotherly, it's not about desperation, this is more of being financially smart, their is nothing to be desperate about here, first of all, kill that notion that you will be paying the loan back from your Bitcoin holdings.You will first of all look at the terms and conditions of the loan, if it's a flexible loan where you pay back through installment plan, and it's being spread across three to five years interval it's very good.
Furthermore, if the interest rate is on the lower side, it's a very good deal because that loan can easily be payed back from your paycheck once it comes either weekly or monthly, and with the huge amount of money borrowed you can easily buy a huge chunk of Bitcoin at once, what will even make it more juicy is if their is a dip then, because I am quite positive that Bitcoin will definitely outperform any interest rate attached to that loan on the longer run as long as it's on the lower side of it.
So what am trying to say is that if the condition of the loan is just as I explained it in the first paragraph, it's a very good opportunity we should be seizing, anything contrary should not be considered, this is my own opinion though.
What would you consider to be a threshold number to consider for a "favorable interest rate" versus "not favorable"?
Below 6% per year or some other number?
The best way to take loan for Bitcoin investment is when you are working and you take a loan and then little percentage of your salary will be taken weekly or monthly till the loan is completed, if it is done this way then there won't be any problem, and for those who wants to take this move please Don't be in a hurry make sure the interest in the loan is okay one that won't affect your finance.
Honestly taking loan for bitcoin investment is not advisable. It makes investing meaningless when they become unable to pay the loan on the agreed date. It's always a risk though to borrow and invest in Bitcoin due to the price fluctuation. It also depends on where you take the loan and how much interest is giving. Bank loans are extremely high avoid them. Margin loans for stocks are typically around 5-6%, while property investment loans are closer to 3%. There's no reason to overpay when applying for a personal loan.Sure, it is possible, yet many people are not easily able to to get loan terms as great as the ones you are suggesting to be standards.