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Quote from: justinlamode on May 12, 2025, 11:24:59 PM

I I'm assuming that you are referring to buying the dip and if that is the case, it's obvious you are missing an important ingredient of that method of Bitcoin accumulation. Buying the dips does not mean sitting idly and waiting for price to drop neither does it forbid the person from apply other methods to buy Bitcoin while still setting aside some funds with which to buy should price drop below a set target.

There are many investment strategies and you can choose one strategy that works for you or combination of some strategies with different parts of your investment capital. If you don't want to have headache, you can simply use DCA, but if you afford to follow up the market and want to find better prices you can wait for dips. Time the market, find the bottom (best price) are difficult so "Buying dips" is good if you apply this strategy for one part of your investment capital. I still think your main capital part should be used with DCA strategy, not with "Buying dips" strategy.

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You can buy with the DCA method with some portion of your capital and keep a small portion for buying the dips. This is what I understand as effective way of buying the dip.

I agree with your customized strategy because dips can happen or not and in a bull market, dips can occur after a long time like several months of bull run. So waiting for dips in a bull run does not always give you better entry prices.

Waiting for a drop is never the right approach. This will make you miss out on buying. You think that if Bitcoin reaches $90,000, I will buy. If it doesn't, then you have missed out on buying. You can continue to buy consistently using the DCA method, so you can buy at all levels. If you want, you can set aside some money to buy aggressively.

as a newbie who just starting his or her bitcoin investment junney, don't wait for a dip before you starting to accumulating bitcoin to hold for long term, it's a very wrong approach to bitcoin investment which can delay your investment journey, rather get started by accumulating bitcoin consistently using the DCA method either weekly or monthly, and have a fix amount as your discretionary income that you want to be investing in bitcoin aside your income, that is to say if your dictionary is $100 for example you can be accumulating bitcoin with $80 weekly or monthly and then set aside $20 as back up funds for buying the dip, by applying this method the equation is balance instead of waiting for dips before you can get started.

To an extent, I think I actually agree with a lot of what you said especially the part you talked about not waiting for a dip before one can get started with accumulating Bitcoin for hodling purpose. That’s often a mistake I think a lot of newbies do just to avoid not losing their money at the end or better still stay in the better still reduce their chances of suffering loss. They want to time the perfect entry and as a result, they end up doing nothing for months and missing out on the benefits of just being in the market. Starting with DCA strategy is a solid move, and having a fixed amount from your disposal income makes it even better and more disciplined.

That said, I also think there is room for a bit of balance. While the DCA strategy works well for most people, especially beginners, completely ignoring price actions in the market might not be the best approach either. Sometimes, when there’s a major dip, it actually makes a whole lot of sense to increase your buy slightly if you’ve got some cash reserves set aside. You don’t necessarily need to try to time the bottom but being aware of market conditions and acting accordingly can help improve your average cost over time.

So yes, consistency is key, but I think combining the DCA strategy with a bit of flexibility during major pull backs in the market (especially when you're already following the space closely) can be even more effective and beneficial in the long run especially for a newbie who can't afford loss like a long existing investor.