Dip is setting up nicely , so get ready for it.
soon to go under 80k
Prepare extra money to buy during the Dip because it's now.
It seems that the bearmarket will come sooner than expected bullrun --- but in this dip we will own more BTC as the price continues to fall.
Just don't panic if you're an investor - it's time to buy more.
In a situation like this, I think it would be better if we combine several purchase methods at once, such as DCA and Lump sum. Because of course it would be a shame if when the bitcoin price is sluggish, we don't buy much. But of course, to use the multiple purchase strategy, we need more cold money. So maybe if you have a small cold fund, I think you should still do DCA, because don't push yourself too hard (like borrowing money). But for investors who have quite a lot of cold funds, I think now is the time to buy bitcoin to the maximum. Because that way, you will definitely get a little more bitcoin. And you are right at this time the bitcoin price is down like it is now, bitcoin investors should never panic at all. Because times like this are a golden opportunity for us to increase our bitcoin portfolio so that it is more. So stay enthusiastic to continue buying and HODLing bitcoin.
If this can be considered as a dip, then we can combine buying the dip, DCA and lump sum purchase in our investment plans, this depends on whether we can afford it financially, anyone with reserved fund can pour it into his bitcoin investment also and accumulate at a much higher speed than usual, investors shouldn't feel discouraged buy the current price shift, its a temporary correction and bitcoin will hit a new ATH to the shock of everyone bad mouthing it right now.
I personally do not recommend using reserve funds to invest in bitcoin. Because in my opinion reserve funds are not cold money, because as far as I know reserve funds are used when there is an urgent need, so using them to invest in bitcoin in my opinion is not the right thing to do. Because we invest in bitcoin for a fairly long period of time, so if we also include reserve funds in bitcoin investments, what happens if an urgent need comes to us. It is certain that we will most likely sell the bitcoins we have, although it certainly will not be all. But still, it slightly hinders bitcoin investment. So with that, as I said above, if you don't have cold money, then don't force yourself to invest in bitcoin.
Because when you are going to invest, of course you can't just use funds. Because investing certainly struggles with what is called risk and a fairly long time. So it is certain that all funds invested must really be cold money so that our investment in bitcoin runs smoothly. And besides, as you said, this decline is only temporary, and bitcoin will definitely reach a new ATH again. That's why if you don't have cold funds, don't be discouraged because you don't buy now. Because of course bitcoin will continue to experience high price increases.
Largely in this thread, we have been talking about three kinds of back up funds.
1)
emergency funds - try to build them up to 3 months of your expenses (income) and only use for actual emergencies such as loss of income and/or increased expenses
2)
reserve funds - can be used for any kinds of extra expenses or saving up for items, including buying btc dips, if wanted
3)
float funds - from month to month may keep extra funds (cash) in accounts when the exact expenses might not be known. Once expenses are determined then the floats may be converted into reserve funds, which thus come available for spending if so chosen.
You (Tamaperdana) were using the term "reserve fund" as if they were the same as emergency funds, which I think that it is better to categorize emergency funds and reserve funds differently since emergency funds are more restricted than reserve funds..
True, reserved funds can be used for dip buying as long as the investor wants to, its not as strict as the emergency fund which is kept for unplanned purposes that may arise and would require a good amount of cash to handle, reserved funds can ne used for anything, it can be used to buy yourself a new car, pay for a vacation or buy a birthday present for someone and it can definitely be use for bitcoin investment either through lump sum purchase or buying the DIP, it can even be used to increase the amount used off DCAing for a limited period of time, like say boost your weekly purchase from $10 to $30 for a month or two, depending on how much reserved fund an investor has