Re: Buy the DIP, and HODL!

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You have to remember that even a guy who puts 10% of his salary into bitcoin, it will take him 10 years to reach 1 year of his salary invested into bitcoin. I consider 10% reasonable if your discretionary income can tolerate it.

There are folks who are investing into bitcoin at much more whimpily than 10% per year.. so it is going to take them a while to reach over-accumulation status, perhaps even more than 20 years.

With the right opportunity, a person can position himself/herself into a large Bitcoin investment that will neither affect him/her psychologically too much in case the position goes against him/her, because he/she knows the probability of going lower is very low. But that comes merely with luck, and timing.

Those opportunities come during bear markets, and if they do come during your lifetime, be absolutely sure to use a LARGE of your savings, then purchase as much as you can afford during the succeeding months.

But during the current phase of the cycle, just DCA with a small amount. The size of the investment won't bother you completely and make you emotional/panic sell.

Hopefully you (and other newbies) are not overly employing waiting strategies

"I" like some of the other plebs during 2019 have used most of our savings buying the DIPs when I started this topic. That was an actual opportunity.

The reason why I tell newbies to be careful when they're thinking about deploying most of their capital in this kind of market is the possibility that they might not be mentally ready to go through the volatility. There's also the possibility that the macro-economic conditions could worsen because of Trump's tariff and other sort of isolationist policies.

The cycle bottom was late 2022/early 2023. That's two years ago. We can't treat the current market like it's still late 2022/early 2023. But you do you.

Ok. Flesh out a hypothetical then.

Let's say that hypothetically, we have a relatively new guy to bitcoin, --Snip--

Ser, you do you, and you have the sort of advice that has given YOU success.

Personally, I will give the sort of advice that has given ME comfort and less stress in my Bitcoin investment journey. It would he hypocritical of me if I suggest that everyone DCA with 90% of their savings if what I actually did was Buy the Bitcoin DIPs with most of my savings during the bear market of 2019, no?