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It has been stated clear and several time that waiting to buy the Dip is not advisable especially when someone is just starting Bitcoin investment ( no or low coiner) because you will definitely miss a lot of chances and opportunity that may not likely occur again. Well if you have dollar in your pocket, it value will go up and down depending on your country and the economy, and if you have Bitcoin in your wallet it value will also go up and down with time but the volatile nature of Bitcoin will make one have more profit in that Bitcoin with time but the value will not be that big unless you are accumulating and holding because if you buy a small fraction of Bitcoin and leave it for years the value won't give you much profit unless you keep on accumulating and holding.
Small profit is better then no profit at all and if you are getting small profit then one must find ways on how to increase that profit. If you are not buying just because you have small capital is also not a good approach. Those who have huge capital can go for Lump Sum, DCA, Buy the dip or combo of all three but the one with small capital should also continue to invest weekly or monthly whatever they can easily afford for next 5 to 10 years. If you see the price pattern of Bitcoin since it's inception then it's very much clear that Bitcoin value is going only up but in the long run. Those who see price of Bitcoin in short duration can say that price of Bitcoin goes up and down.
Personally, I consider it to be not very helpful to be focused on profits, even though we might well presume that our odds of being in profits will be quite good after 4-10 years or more... but at the same time, our focus should be on ongoingly growing our BTC stash.. sure no problem to buy dips from time to time if we think that we are able to do that within reason, yet the more important part if just realizing that we continue to have little to no clue regarding short-to-medium term BTC price movements and we should largely be ongoingly accumulating bitcoin rather than trying to figure out whether or not there might be a dip, unless some kind of impending dip seems obvious and it is not going to distract us from our accumulation to merely wait a few days or some reasonably short period of time, and hopefully we are not delaying investing by several weeks, if we had been tending to be in the habit of buying bitcoin every week.
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In the case of investment, if we use a small capital and invest using a small capital and if we get profit from that investment, then the amount of profit will be relatively less. Now if we expect more profit by investing with a small capital, then this kind of thinking will definitely be wrong for us. Therefore, the investor can follow the DCA investment strategy to increase his capital. In this investment strategy, an investor will not need to invest a large amount of money at the same time, rather, in this investment strategy, the investor can invest any amount of money according to his wishes. However, in this case, the investor must be aware of his investment and try to invest consistently. If the investor is not consistent, then it will be seen that his capital amount is not increasing much after a certain period of time.
Of course anyone investing regularly into bitcoin, such as weekly, he will likely ongoingly see his bitcoin holdings to be increasing on a weekly basis, whether it is going up or down in terms of its dollar (or fiat) value.
so in some sense the bitcoin account amounts can be considered as a kind of savings that may or may not end up going up in dollar value with the passage of time... and surely we hope that 4-10 years or longer our bitcoin account will be in profits, even if we also realize that i tis not guaranteed to be in profits, but it still may well have a lot of value, whether it is in profits or not.
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I think you are contradicting something because whenever you are investing in Bitcoin there is nothing like getting small profit and then finding a way to increase your capital I mean this is trading you are talking about because in Bitcoin investment you are suppose to get your profit only once that is when your investment is due or you can still sell little by little after you have gotten to over accumulation stage because in this stage you don't need to invest aggressively neither do you need to buy regularly but rather it is a stage an investor will enjoy his or her years of accumulation and holding if they wish to.
I think that you are correct Derekfunds. There is some kind of a ambiguity and possible contradiction in the ways that MusaPk is talking about the building of capital.
I don't have any problem with the idea that we are able to build our capital by increasing our discretionary income by increasing income and/or cutting expenses, so then with the passage of time, if we are engaging in strong cashflow management practices, then we are likely putting ourselves in a position to be able to invest into bitcoin more aggressively which results in increased capital based on our own actions to improve our bitcoin accumulation focus through buying and figuring out ways to have more discretionary income available to be able to buy more bitcoin on a regularly, consistent, persistent, ongoing and perhaps even aggressive basis..
Moreover, Bitcoin is not only going up that is a misconception and do not be deceived because Bitcoin is a volatile ( variation ) asset and it is not written anywhere that this variation is only uptrend rather it is both up and down so know the choice of word you use so as not to sugar talk...
It seems to be reasonable to presume that over time, such as 4-10 years or more that bitcoin's price trend it more likely to be up rather than down or sideways, even though surely it is not guaranteed to be up, even in a longer time period. surely we have to figure out how to invest in accordance with our budget and in accordance with recognizing bitcoin is amongst the best, if not the best, place to put time, energy and value, even while at the same time recognizing/appreciating that profits are not guaranteed.
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The reason why most investors fail is that they make risky decisions hoping for big profits overnight, they invest for short-term gains, and this is their biggest mistake, because the hope of short-term gains is not the point of investment, it is trading.
Investors should invest in DCA for the long term, such as investing at least targeting 200-WMA, and continuing to invest more if they can. However, 200-WMA should be the minimum target. Bitcoin investment requires consistency, not being overly emotional about the market, and keeping investments regular for long-term goals. Those who are patient herem, they will be able to keep their investments for the long term, and they will definitely be successful.
I think that it is good to keep the 200-WMA in mind for valuating our bitcoin holdings and potentially even for managing our bitcoin holdings once we start to get to a point of overaccumulation... yet I would be careful in regards to the extent to which we might account for the 200-WMA in our earliest stages of BTC accumulation, unless the BTC spot price as compared with the 200-WMA is at some kind of an extreme place.
Right now the BTC spot price is right around 80% higher than the 200-WMA.. which is not extreme in either direction. Historically, the BTC spot price has gotten 35% below the 200-WMA and it has also gotten more than 2000% higher than the 200 WMA.. So those would be extremes and sure there could be some value in accounting for them, yet the person who is new to bitcoin likely needs to ongoingly be building his BTC stack for at least a whole cycle without too much preoccupation about BTC prices and/or level of profits during at least the first whole cycle of BTC accumulation, unless perhaps he had been able to front load his investment to a large extent contributing to his reaching very high levels of overly BTC accumulation early in his investment into bitcoin.
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With a better understanding the volatility of the market won't be a challenge for you. You must be able to take advantage of the dip and never be bothered about the dip before you can make profit from it.
You are speaking in gobble-dee-gook Y3shot.
Anyone who is new to bitcoin and who is trying to invest 4-10 years or longer (rather than trading) should be attempting to focus on ongoingly buying bitcoin rather than fucking around trying to figure out which way the price might go and/or if he might be in a position to realize profits. You may well be in the wrong thread if you are talking about trading rather than investing into bitcoin through ongoingly accumulating it.. through buying rather than selling.