Quote from: Cpt_reader on Today at 07:15:08 PM

Quote from: JayJuanGee on Today at 05:14:27 PM

Personally, I still consider that it would be better for you to figure out what your dip criteria would be, since if you end up waiting even 6 months, your $20 every week is stacking up and pretty soon you have $520 ($20 X 26) in your dip buying funds, and that money could have had been in bitcoin rather than sitting on the sidelines...and sure, of course, that is your choice to figure out your criteria and the balance that you should be striking.

I have stated many times that guys in their very early stages are likely better off to be buying every single week no matter what, and to be fairly conservative with any money that they are holding back for dip buying.. and even within each week a guy can try to buy the dip within the week but on a certain day if no dip comes he is going to need to just buy with his weekly authorized amount because there is entering into a new week with a new authorized amount coming available for the new week.

Sure, of course, you have to figure out what you believe is the right balance for you, which may or may not end up serving your objectives if you end up making mistakes with it.. but that is on you.

Actually we know that the market never increases continuously, there are ups and downs. I don't know if we will get a big dip but we can take small opportunities. 14-7-25 Bitcoin reached 123+ maximum. Nothing can be said for sure but it may come close to 100 or below. Then we can take the opportunity. 23-6-2025 Bitcoin price was 98, down from 108. On 3 April 2025, it came from 88.5 to 74.5. Actually, although nothing is certain in crypto currency, it can be assumed that there will be a dip at least once in six months, so we don't want to miss that opportunity. Suppose I invest weekly, if the market is at its highest at the time I invest, I will still invest but the dollars in the deep fund will be allocated only for the dip. Yes, you are right, $520 ($20 X 26) would have been in Bitcoin, but when it dips, you will regret it again. Of course, it is true that investing in Bitcoin will not result in a loss, you just need to hold it for the long term. Still, if you can save $2-4 by buying through the dip, it doesn't seem bad. No matter how we invest in Bitcoin, success will come one day.

You quoted my post badly, again, but I fixed it in this post.

Of course, you can do whatever you like in terms of holding back value in order to buy the dip that may or may end up not happening. I think that I already explained well enough in regards to my ideas why newbies should focus on ongoing buying rather than strategizing for dips that might not happen.

You seem to be inclined towards trading rather than investing, since if you have a 4-10 year or longer investment timeline, then surely it might not make much difference if you bought at $123k or at $95k, even if $95k were to be possible.. we don't know, and we don't even know if sub $110k is possible, either. So if you are waiting for dips that might not happen, you are gambling and potentially failing/refusing to prepare for up with your over-preparation for down..

But again, do what you like.,. it is your money and you have to live with the consequences of your actions, even if you think you have some kind of a trade angle (or buying on dip angle) figured out.