Quote from: avp2306 on Today at 10:21:01 PM

Quote from: Emjay24 on Today at 07:02:32 PM

Quote from: Dareo on Today at 06:03:10 PM

I believe that these two sides here are pointing at the same truth in two different directions. The thing is that good Bitcoin investment is reduced to risk management, and this is why discretionary income is frequently suggested to people, as it means that you will not be forced to sell all your assets to panic in case the costs of life will appear. Meanwhile, there are more highly-convinced investors or better-financially-shielded investors who make far more aggressive allocations, and history tells us this has been successful in the case of some of them. In my own case, I would consider DCA with discretionary funds as the most secure long-term course of action, whereas I would consider dips as an opportunity to be a little more aggressive provided that your financial capabilities permit it. In that manner you would develop progressively without putting aside money that you could require the next day.

What I find very practical is that investors prepare for dips and not treating dips as an emergency activity and ending up going against their financial discipline to entertain dips, using money meant for something important to pursue dips is a very bad cashflow management practice and would be better if the investor who wants to buy a dip saved up for the dip alongside his consistent bitcoin purchase and buys the dip when it presents itself from already saved funds in that regard.

The common problem is some problem think its really the best choice to buy at the dip then gain profit when sell it on high price.

But in reality those situation they try to enter is so stressful because actually we don't know when does actual dip coming since there are times the price keep dumping for more and that affects their decision to buy until they get left behind.

That's the reason on why they as you said its really ideal to prepare for a dip then consistently accumulating since with this we can assure that we accumulate whatever market condition we are facing on. Consistency is always important and they will just give their self something to regret if they keep waiting for dips before they buy.

I think when someone thinks that buying the dip is the right choice, mostly trying to wait for the dip to occur I think that is an awful strategy, and the fellow isn’t ready to invest in bitcoin yet, the right choice should be getting started just like I’ve decided to get started with my bitcoin investment at some certain point, which I’m more satisfied when I have a discretionary income to start my investment with, having that opportunity is quite an advantage for someone who doesn’t have that thinking of buying on a regular basis and decides to keep investing through the DCA on a regular basis, buying the dip wouldn’t be a challenge if we choose to have a good and steady approach towards Bitcoin, like buying the dip specifically when the dip opportunity presents itself, there are some guys who are investing in bitcoin and they specifically keep some amount of money outside there discretionary income to buy the dip when it presents itself with still being consistent with with buying through the DCA or buying through the lump sum, which I really think it’s also a good decision being that strategic.