You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle.
Joke apart, this is a theoretical logic giving an approach that if we can't reach out target in an expected short time, pulling back of getting all hope lost isn't going to be a helpful option rather, we can actually get queued by assembling them little by little and while hold on the Dcaing strategy firmly, we could reach the target in the long term and then those who exited as a course of impatient or felt intimidated by the whales will regret it after learning the worth of your portfolio was as result of your persistence buying at any giving market entries targeted to buying at the Dip and Hodl time after time until you're satisfied before you can decide to exit.
Bitcoin investment is all about accumulating, and if you have in mind to make a profit by investing in Bitcoin for a short time, it means one is not ready or doesn't know what they are getting into. It is impossible to meet your target if you have in mind to go for the short term, but the target can be met when the investment is long-term. Consistent buying of Bitcoin is the way forward to make a better profit in the future, but it is unfortunate that some people feel they can just buy Bitcoin and reach their target profit in a short time. When they are unable to meet their target, they give up investing in Bitcoin.
I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.
Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.
Your comment is very misleading. Having discretionary income is not something that will force a person to buy aggressively, it is entirely up to the individual how they buy. An investor should always buy using the DCA method and continue to buy consistently until their portfolio is accumulating enough Bitcoin. You can create a separate fund for buying aggressively. If you see a decline then use that fund to buy aggressively
You need to understand that any amount of money you have from your discretionary income that can use to buy Bitcoin comfortably without struggling to sort out your other important needs is your own level of aggressiveness and it doesn't happen by forcing yourself to do it, forcing yourself means that you are being over aggressive since at that you will be buying Bitcoin with money that should be used to sort out your other important needs and that is were it is bad.
I understand you very well and i agreed with you in terms not investing on a short term investment rather an investor should consider investing in a long term consistent, it is not a bad idea of buying Bitcoin t aggressively yet you are not considering if actually an investor have a discretionary income that make him invest aggressively.
Sometimes what makes some investors to invest with what of the have is because of lack of discretionary income, believe me once an investor starts having a steady cashflow such investor can go at any length investing and build his Bitcoin portfolio.]/b]
Having a steady cash flow shouldn't be a reason for any investor to go at any length investing and building his portfolio, there must boundary or limit to which he should be investing and that is investing within his discretionary income and to his own comfort not to any length.
Since you said that having a steady cashflow should not be the reason why an investors can invest to any length, these length is the same thing as buying Bitcoin at his own comfort, that is as his discretionary income can carry.
You should know that have a steady cashflow will make an investors to invest more and will not be in a haste of making use of short term investment but he can leave the investment for like 4-10 years.
Let me said for instance a newbie that doesn't have a discretionary income, he can't not buy Bitcoin aggressively simply because he is starting and there is know discretionary income, and it will take the grace for such investors to allow his investment for 4-10years or more of having an emergency fund that can help to back it up.
So having discretionary income will give an investor courage not only for buying Bitcoin aggressively but it will also help in building up an emergency fund ana building his Bitcoin portfolio with potentiality in him to have the patient enough to wait for 4-10 years.