Quote from: JayJuanGee on Today at 04:06:40 AM

Quote from: knowngunman on August 14, 2025, 09:02:52 AM

Quote from: JayJuanGee on August 14, 2025, 06:10:32 AM

If you are new to bitcoin, it is likely better to just be buying regularly rather than trying to figure out if there is a dip or not.

You have ONLY been registered on the forum for 10 days. Have you been accumulating bitcoin for longer than 10 days? or are you merely employing a waiting for the dip strategy when the dip may or may not come.

We've always believed it's never too late to get started but the truth is starting at some point is not too advantageous. Not because it's not profitable but because you have to hold for a longer period to realise profits. It is just like a consequence for not starting early and you bear it for holding it for long. Some newbies do allow this opportunity to slip away from them thinking the price is already too high and there's no point taking that bold step to start. The more you wait for the dip, the more opportunities you're missing and you may likely not see your target dip any time soon. You'll end up having a decent portfolio if you get started now and then continue during the dip to fill in the gaps.

It is an ongoing dilemma for newbies, and many newbies cannot understand and/or believe how bitcoin is likely to continue to be amongst the best, if not the best, of performers in the future as it has been in the past.

So many times, newbies are skeptical that something that had performed so greatly is able to continue to perform greatly.

Yet, their whole skepticism, even though reasonable, is not enough of a justification to not get started investing into bitcoin, even though it could be a justification to adjust the position size to a different amount. So for sure when folks are questioning how great of an investment bitcoin is, they might reduce their invested amount downward.... yet I have the sense that bitcoin is going to continue to perform.. so they might have regrets later down the road, yet each of us has to decide in the present whether to invest in bitcoin and how much, and so many folks wrongly speculate that they need to invest a lot or else their investment does not matter, and one of the great things about bitcoin and also about DCA is that the investment size can be adjusted to your financial situation and to your psychology and you can figure out an amount that is at your comfort level, and surely that amount should not be zero, even though so many people continue to have zero or close to zero invested into bitcoin, and they will be the only one to blame for their choices to be either a low coiner or a no coiner,.. even though later down the road they will likely realize that they are better off for being a low coiner than a no coiner, since it is not a good place to be to have absolutely no bitcoin, so there should at least be a goal for each of us to get off of zero.

Quote from: Xtraordinarious on August 14, 2025, 01:42:22 PM

Quote from: JayJuanGee on August 14, 2025, 06:10:32 AM

If you are new to bitcoin, it is likely better to just be buying regularly rather than trying to figure out if there is a dip or not.

I'm not new to bitcoin but I got the idea about this forum a few days ago. Actually I know about bitcoin quite a bit since long time. I have experience in buying and selling bitcoin and buying and selling Altcoins and trading. Although my reserve is being invested in bitcoin quite a bit, I keep a small amount of my income for investment and investment is going on.

Quote from: JayJuanGee on August 14, 2025, 06:10:32 AM

You have ONLY been registered on the forum for 10 days. Have you been accumulating bitcoin for longer than 10 days? or are you merely employing a waiting for the dip strategy when the dip may or may not come.

Yes, I have been registered here for a few days and I have been investing in bitcoin since before I registered here and my investment will continue as per DCA. As far as possible, I will maintain this DCA and invest. Let's see how far I can take the rest.

Quote from: JayJuanGee on August 14, 2025, 06:10:32 AM

Don't get me wrong. There can be places for newbies to either deploy buying the dip strategies or to supplement their DCA and/or their lump sum with buying the dips.

No, no, I'll tell you why I misunderstood. Since you don't know about me and I'm new here, it's natural for you to say that. Now that you know I have extensive knowledge of Bitcoin and have been in the crypto world for several years, you will understand. You are right that DCA and the place to buy deep are complementary to each other. However, for those who are new, the issues of maintaining DCA should be explained because the amount of loss from here is less.

Quote from: JayJuanGee on August 14, 2025, 06:10:32 AM

Let's say that you are brand new to bitcoin, and you had started investing into bitcoin about two months ago at $100 per week, and so now you were considering rolling over $5k that you had in your savings, so with the $5k, you are considering the extent to which you might lump sum (buy right away), DCA and/or buy dips. You could divide it into three... or you could just decide to buy 1/2 right away and the other 1/2 buying on dips.. especially since you have already been DCA'ing the $100 per week from your discretionary income.

Another way to employ buying on dips is to allocate some amount of your weekly DCA for buying dips, yet surely there are trade-offs for those kinds of choices, and there is no exact correct answer, even though there likely are some answers that are better than others in regards to also taking into account your own personal factors.

Wow, you came up with a great idea. Although I initially thought about it according to this idea, now I'm maintaining DCA. Besides, I'm able to manage everything in my life beautifully. Thank you for explaining it so beautifully.

Ultimately, whatever you do is up to you, and surely it seems to me that even investing into bitcoin for a whole cycle might not be enough to really accumulate a sizable position, even if you might be able to frontload your bitcoin investment. Another thing if you invest into shitcoins you most likely have to think about them as a trade in terms of when to get in and when to get out of them, and frequently they are not really worth diluting your bitcoin investment by dickering around with shitcoins, but yeah, that is also your choice regarding whether to buy shitcoins and/or how much of your budget you are willing to allocate to shitcoins.

I frequently suggest no more than 10 % the size of your bitcoin holdings to go into shitcoins and/or trading, yet at the same time, you have to figure out if you have some kind of a compelling reason to invest into shitcoins at a higher rate and/or whether there might be some compelling reason to deviate from such a cap, and surely the more shitcoins that attract your attention then the more your investment in bitcoin potentially get diluted, especially if you are not keeping adequate limitations on your shitcoin and/or trading involvement. and surely I had frequently mentioned to guys that even if they are investing 20% of their income into bitcoin, it is still going to take 5 years for them to get a whole year of their income invested into bitcoin, and so if they dilute their bitcoin investment it will take longer, and surely many folks have difficulties investing even 10% of their income, so that would take 10 years to get to 1 year invested in bitcoin, yet surely if you had already been investing prior to getting into bitcoin, then you surely might have some money (an investment portfolio already built up, and sometimes having an investment portfolio, then you have more to work with if you decide to reallocate some of the already accumulated value of that into bitcoin).

With an investment like bitcoin, we might be striving to get to a point where we might be able to have accumulated enough bitcoin (along with bitcoin's price appreciation) to be able to live off of the income from withdrawing from our bitcoin, which could take at least a couple of cycles to achieve such level of bitcoin accumulation and BTC price appreciation, and perhaps even longer if the investment is diluted into either shitcoins or even undermining the investment by trying to trade it or to overly attempt to time bitcoin price dips that might not end up happening.

The real lesson for beginners is to take a long-term view, be patient, and understand the reasons behind it rather than doubting past performance. Past performance is no guarantee of the future—that’s true. However, observing Bitcoin’s previous cycles and its fixed supply, decentralization, and increasing global acceptance shows that its potential is not over yet.
Even small, consistent investments (DCA) can yield significant results in the long run.
Bitcoin’s history has repeatedly shown that its growth trend is still strong in the long run. Especially in high-volatility markets like Bitcoin where prices fluctuate greatly.
A time-based savings strategy keeps you disciplined and keeps you from the mindset of stopping when the goal is met.
You can adjust the amount of investment according to your financial capacity and mental comfort.
When the price goes higher, not being there means missing the opportunity, and there will be no one to blame for that, but ourselves. There should be at least one goal, which will bring us out of the zero state.
The worst position is zero ownership. By consistently depositing Bitcoin over a period of time, you can take advantage of market fluctuations, and it is much easier to build large savings in the long term. It is important to know when to enter and when to exit. In the case of Shitcoins, they should always be thought of as a trade. Often, taking too much risk in Shitcoins will damage your original Bitcoin holdings. However, eventually some investors will hold Bitcoin throughout the cycle, while others will allocate more towards the future. However, even investing for the entire cycle may not always create large positions. Whether you have a compelling reason to invest in Shitcoin at a high rate or a compelling reason to move away from such limits, and certainly the more Shitcoin attracts your attention, the more your investment in Bitcoin will decrease, especially if you do not place adequate restrictions on your Shitcoin trading involvement. Even if someone invests 20% of their income in Bitcoin, it will still take 5 years to accumulate the equivalent of a full year's income. Lowering this rate will increase the time even further. For many, investing 10% of their income is time-consuming and difficult, which would take 10 years to buy 1 year's worth of Bitcoin. Because the more time and money you invest in Bitcoin, the less time and money you will accumulate in Bitcoin.