Re: Buy Buy Buy or Sell Sell Sell?

I don't really know if there is an alternative to the DCA method for buying Bitcoin. But I think the DCA method is the best. There is no point in wasting time wondering when the price of Bitcoin will go down or up, when we have learned from various sources about the huge potential and future of Bitcoin. Now we can invest in Bitcoin with fearlessness, confidence, and full confidence. But of course, we have to buy Bitcoin with a long-term plan. The price can sometimes go down a lot, at that time we have to be patient. My plan to hold Bitcoin is for 10 years from now. Whatever the price, the real objective should be to continuously buy Bitcoin and make our portfolio heavy. There is no loss even if it comes from $1000 to $50, as long as we don't sell. The thought of selling Bitcoin can never come to mind. When buying Bitcoin, I will use the word buy instead of the word sell for 10 years.

In fact, if the Bitcoin price drops, the DCA amount we use should be higher. For long-term Bitcoin investors, a price drop isn't a problem it's actually a good opportunity to buy more Bitcoin. So, you don't need to fear a Bitcoin price drop. As long as we invest long-term, our journey to accumulating Bitcoin doesn't need to be fixated or confused by the price. Because Bitcoin is an investment asset with a very clear cycle, there's no reason to be afraid of investing in it. Even if we roughly describe it, even though Bitcoin's price fluctuations are like erratic pencil strokes, Bitcoin will ultimately continue to experience price increases with each cycle. So, with this in mind, we don't need to be afraid of price drops or anything else when investing in Bitcoin. Essentially, we should focus on conducting DCA regularly, remembering our goals, and being more active in seeking additional income, so that our discretionary income will increase.

And one more thing, never wait for a price drop to buy Bitcoin. Because if you do that, you might regret it. So, stick to investing in bitcoin with DCA.

On the contrary you are seemly talking about buying the dip because the DCA we talk about has nothing to do with the Bitcoin price drops but a buying of Bitcoin without talking the whether the price drops or not, and for anyone who will attempt to increase the amount they will use to buy Bitcoin simply because there is price drops must have taken that in to consideration by making a provision for a reserve funds which they can use to buy the dip but for those who didn't make such plans then buying with is available is the best thing to do in other not to get carried away away by the dip they are seeing and get in to trouble of using money not meant to be use for buying Bitcoin to avoid struggling to sort out their important needs.

I think that you are not getting a clearer idea of what he was trying to say, he didn't disputed the fact that the DCA accumulating strategy is one Bitcoin accumulating strategy where you buys regardless of it price, what he was trying to say is that when accumulating Bitcoin through the DCA accumulating strategy and their is a drop in price, that's a perfect opportunity to buy even more in an aggressive manner, not that he is going to be waiting for the dip, but take note that before buying the dip, you must have a reserve funds in place to make it happen .

DCA is an investment method through which you can buy Bitcoin at all levels. With DCA method, you can buy Bitcoin at all levels of price. For example, you can buy every month or week or daily based on your discretionary income using DCA method.

When the market declines, you can buy aggressively. If you do not buy aggressively for reserve funds, then you may be making the wrong decision. You can buy aggressively based on your financial situation. If you do not have an emergency fund, then you need to create an emergency fund first. Because an emergency fund is created when you face a financial crisis, an emergency fund is created to deal with that crisis and keep your holdings risk-free.