There are likely even guys here who have been stacking bitcoin for several years, and who might feel that their progress is slow, yet part of the challenge is to keep stacking even during times that the BTC price is going up... and each person has to figure out how to deal with how to keep stacking and dilemmas regarding the extent to which they might hold some cash in reserves for buying on dips... dips that may or may not end up happening.
you have said right, however I agree with you more that even though one has some funds kept to buy the dips there is no guarantee that the dips will even happen, so what's best is to keep stacking up whilst hope the dips happens some day which one could grab the opportunity to buy more, having the benefit of buying in discount. Its also good to plan to buy the dips, buy lump sum but best buying gradually and consistently which is more likely to be referred to as DCA.
Investors are expecting to buy Bitcoin at dips but I think it is currently going through a period of relative dips. Most investors are sceptical about whether the dips that some investors are expecting will ever come to the market in the future. This is because the time is now more bullish and small investors are holding tight and new investors who are accumulation through discretionary income are holding to their own methods (DCA) regardless of the price. There may be some scepticism from a lump sum buying during a price rise but it should not be, if your excess floating cash is likely to be spent in different sectors, then buying Bitcoin will be an excellent decision.
In the long-term plan, buying at any time of the market is a good decision, especially continuous DCA. But I have doubts about how suitable this bullish period is for a one-time purchase. I think that the best step would be to maintain the continuity of investing in the green market and prepare the floating fund strongly as a preparation for a one-time purchase. Because, I think the market of the dip is better as a one-time purchase. The main reason for this is to buy more Bitcoin at a low price and deposit more Bitcoin in the investment fund and take a step forward towards achieving the goal. Even buying at a low price will have the possibility of increasing your profit. It may be the right decision to make a one-time purchase in the green market rather than necessarily spending floating funds.
I don't see any reason to be overly focused on profits, especially during the first few years of bitcoin accumulation.
Sure there is no problem to pay some attention to profits, but many newbie bitcoiners within their first cycle or maybe even longer are likely going to be just buying bitcoin on an ongoing basis and sure if they are able to catch some dips then fine, but there budget would likely mostly be focused on ongoing buying so that they stay focused on accumulating bitcoin rather than being concerned about how much they are in profits or not in profits.
Later down the road there may develop more importance in regards to profits.. yet really the newbie bitcoin does not likely have too many ideas about where the BTC price might go in the short term, even if he might have some ideas about it, he really cannot be getting motivated by employing waiting strategies rather than ongoing buying strategies, unless maybe he might consider some portion of his bitcoin buying budget to be dedicated towards ongoing buying and the other portion dedicated towards buying on dips..
So, for example, a guy who might be buying $100 of bitcoin every week, may also be holding $20 per week on the side for possibly buying dips. That may or may not be a good strategy, but it may well make the person feel good to have some money held on the side for potentially buying dips, even though the majority of his strategy remains focused on ongoing, persistent and consistent buying with the $100 per week.
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It is okay to evaluate the value of the investment. But what advice would you give to those who can afford to invest some amount from their income? No one invests with all their money. They invest as much as they can and hope to make a profit. However, it is not bad to invest with all their money if they can maintain it. And they are able to keep their daily expenses, emergency fund and reserve fund. An investor should always invest by deciding the time for how long they actually want to invest. And no matter how many obstacles and dangers come during this time, they will not lose their investment. If someone invests by deciding the time, then it is expected that they will be able to make a profit from their investment.
For example, you invested for a long period of 4 years. But you sold the investment after 2 years for some urgent work. Your mistake there was that you lost the investment because you could not maintain the timing. Just as there is a need to allocate money in investment, there is also a need to allocate time, because time is the most valuable thing.
Even if you (Lembo69) are referring to longer timelines (such as 4 years or more), you still seem to be referring to bitcoin as a kind of long term trade, and maybe in order to really think about bitcoin as an investment, you need to consider 10 years or longer?
I do frequently suggest that bitcoin can be an investment for 4-10 years or longer, yet those folks who are investing less than 10 years, such as somewhere between 4 and 10 years may well have health or age reasons that cause them to need to curtail their investment, yet it is difficult to consider some other excuse why a person might plan to invest into bitcoin for less than 10 years unless maybe he might be planning to trade it.. since it seems that if a person is recognizing bitcoin as a long term investment, then he would want to keep it forever, and surely once he gets to a status of having enough or more than enough, then at that point he might start to spend from it, but if we are just thinking about getting in and out of bitcoin, then to me, that sounds like a trade rather than an investment.
I will grant that sometimes a person may well be in an investment, and the strength of the investment thesis goes away or weakens, and in those kinds of circumstances, there may well be needs to get out of the investment or drastically reduce the investment based on the weakening of the investment thesis.