Quote from: Miramax12 on Today at 12:14:40 PM

Quote from: JayJuanGee on Today at 01:34:41 AM

Quote from: Lembo69 on August 30, 2025, 07:21:59 PM

Quote from: LGD2Business on August 29, 2025, 11:08:17 PM

Quote from: Shadiq on August 29, 2025, 10:59:20 PM

It can be more effective when you have a strong backup fund and sufficient cash flow. There is nothing wrong with buying in a falling market, but waiting for a falling market or planning around a falling market can prove you wrong and if you fail to catch it, you can take the wrong steps which can cause you a lot of losses. A market fall is a good opportunity for every investor to stock up. Let it happen naturally, when you try to buy the dip artificially, you can be forced to take the wrong steps. Because you do not know when the dip will happen and how long it will last. Here you are more likely to panic and there is a higher chance of hurting yourself.

The market can go down or up. If you have a solid plan that you've stuck to from the beginning, this shouldn't affect you. For example, if you said you would buy Bitcoin on the 3rd day of every month and you're buying it, don't postpone it to the 4th day just because Bitcoin has fallen and might fall further. You can't predict when the decline will stop and the rebound will begin. Instead of wasting time on that, stick to your plan. When you see how many coins you have in the long run, you'll naturally stay away from the temptation of daily trading. Everyone makes plans, but very few people stick to them.

The Bitcoin market situation can go up and down at any time and this creates frustration among investors. However, investors should buy more and more during the dip. I think that the emphasis should be on buying at this time when the market price is slightly lower. And an investor should be ready to buy at both the high and low market prices.

Which is it? Emphasize buying more all of the time or emphasize buying the dip?

And, which kinds of investors are talking about?

How is this emphasis on buying the dip going to work for you? Give some specifics?

Quote from: Lembo69 on August 30, 2025, 07:21:59 PM

Those who are investing for the long term should hold their investments tightly during this time. Even if the market is down, your investment cannot be lost in any way. No one can predict the rise and fall of the market and no one knows. The price that is there today may become even higher tomorrow. Or it may fall, so none of us know about the market. However, I believe that Bitcoin will help long-term investors make a large amount of profit at the end of its cycle.

You are talking about long term as a whole cycle?

Quote from: Lembo69 on August 30, 2025, 07:21:59 PM

Those who are investing through the DCA strategy should also plan for the long term slowly. Because to get profit in investment, you have to invest for the long term. This may allow you to earn more profit than you planned from the money you invested.

I am not going to proclaim that profit is irrelevant, and I can understand that if you buy 0.5 BTC for an average of $110k (that would be $65k), that would be better than buying 0.433 BTC at an average of $150k (that would also be $65k).

At the same time, if we have a guy who might be investing over 4-10 years or longer, there may also be some advantages to be ongoingly buying rather than fucking around waiting for dips that might not happen.. so a guy who buys bitcoin regularly, persistently, consistently and perhaps somewhat aggressively, he might end up putting more money into bitcoin, and he may well have more bitcoin, but they ended up costing him more than the guy who was frequently strategizing dips that may or may not happen.

Of course, we can frame our hypotheticals however we like and you can still tell me that your guy who is waiting to buy more aggressively on dips is still regularly buying, then maybe it is not a big deal, yet I have my doubts about how well these ideas will work - meaning the ones that involve supposedly buying more aggressively on dips, especially for newbies who may well hardly have any clues about what is a dip and what is not a dip. There are already plenty of guys who have spent plenty of years in bitcoin who have hardly any clue if we are in a dip or not and if the dip is going to keep dipping. I would largely include myself in such camp, which maybe is why I tend to be so critical of guys proclaiming to have it all figured out regarding how supposedly the best strategy for accumulating bitcoin is to be buying more aggressively on dips.

You have been registered on the forum since January 2025, and so did you start buying bitcoin before that? or did you just start buying bitcoin in January 2025? Maybe you can explain how your experience had been working in that regard? and how you might think that whatever you did might be generally applicable, or are you telling us how to accumulate bitcoin based on what you should have had done rather than what you actually did?

Quote from: bullbandit9 on August 30, 2025, 07:25:27 PM

Quote from: abaeze on August 30, 2025, 05:47:58 PM

Here, instead of arguing about time, we should talk about the real purpose. The main purpose of long-term investment is to avoid short-term price fluctuations or market volatility and make big profits by keeping the investment for a long time or years maybe 10 years or more. As a result, the stability of assets increases. The instability of a few days, months or years can be avoided. Through this, you can save yourself from the impact or panic of investment. Not only that, compound interest means profit on profit. In short, if it is said in a formal way, if you invest for a long time, the profit is reinvested and money grows on money. So instead of arguing about time, pay attention to your holding capacity.

Sure I mostly agree with you, still I think it is wise to always educate people on patience. It is one of the virtues that has no boundaries. One and a half cycles is not a long-term investment. Did you see the news of recent massive wallet movements, the old wallets? Now that is a long term investment! We live in a terrible economy of overpriced consumer items that nobody needs. They use all propaganda to make you desire things that are useless. Stuff like $1000-$1500 phones, come on. Nobody needs those things. Safe your mind and body, don't sell and don't spend.

I largely agree with your sentiment, and surely there can be somethings that guys might splurge on, yet be otherwise frugal..

And, surely when we are in our earliest of stages of our investment building there tends to be more value for frugality.. and so yeah, it could make a pretty damned BIG difference for a guy who figures out a way to invest 25% of his income into bitcoin as compared with the guy who merely does 10%.

The guy investing 25% would have had taken 4 years to invest a whole year's income into bitcoin, and the guy with a mere 10% investment rate is going to take 10 years to invest a whole year's income into bitcoin.

I am not criticizing 10% since I think that is good, yet I am largely trying to assert that being able to figure out ways to be more aggressive within the income that you are able to accumulate, then real BIG differences can come from the progress.. and for a lot of folks it is not going to be easy to go from 10% to 25%, and some folks might not be able to do it.. . For example, a single person who is ONLY supporting himself, would likely have a lot of latitude in regards to how much he is suffering and/or if he might be ruining his social life with his extremeness in frugality as compared with someone with a family who might have to get consent from folks who are dependent on his providing a certain level of income. Sometimes a spouse could be completely on board to run a tight budget and to invest high percentages of the budget into bitcoin.

Quote from: bullbandit9 on August 30, 2025, 07:25:27 PM

Quote from: JayJuanGee on August 30, 2025, 06:36:19 PM

It seems that the pushback that you are getting are both in regards to the specifics of your earlier timeline for dips and recovery and then also newbie guys seem to be less receptive to the idea of significantly changing their level of aggressiveness based on both uncertainties regarding the dip but also that changing their aggressiveness levels might otherwise screw up their cashflow management practices and/or systems. So it seems to be somewhat counter productive for guys to be changing aggressiveness levels based on BTC price moves (and speculation) rather than perhaps changing aggressiveness by knowable, such as how strong their cashflow management systems are.

DCA defeats any strategy of dip chasing. Normal people would not even have time to consider something such as dip chasing. Find a way to make DCA automated, set it up and forget it. Come back in a decade or two and see where you stand. One of the best ways to do it. As long as you don't look frequently, you will never have temptation to sell. Tongue

I get your point about the set it and forget it, even though I personally had preferred to execute my weekly buys manually... .. but yeah you can really be correct about the pay off that might not be realized with so much passage of time.

On another note, I have frequently considered that manually employing DCA buys provides a way to attempt to be more aggressive with buys and to push limits, yet even a person who has a weekly budget that might allow for $50 to $150 weekly bitcoin buys, he may well just let $75 stand and then monitor if any of his accounts are needing to be adjusted or to make additional buys from time to time if he has extra money besides his $75 weekly buys. I also am a little skeptical the waay that exchanges batch their DCAs to take place at the same time, so there likely could be some front running of those batched buys on a daily basis that exchanges likely skim fractions of a percent each time.. which adds up over years... even though in the whole scheme of things it might not really be that big of a deal since there are advantages to set it and forget it.

Quote from: Joeboy on August 30, 2025, 08:46:05 PM

Quote from: bullbandit9 on August 30, 2025, 07:25:27 PM

[Edited out]
DCA defeats any strategy of dip chasing. Normal people would not even have time to consider something such as dip chasing. Find a way to make DCA automated, set it up and forget it. Come back in a decade or two and see where you stand. One of the best ways to do it. As long as you don't look frequently, you will never have temptation to sell. Tongue

The beauty of DCA strategy is that it removes thee stress of chasing the dip or perfectly timing the market. Imagine someone decides to invest $10 into Bitcoin every week without worrying about the pricee movement.......That’s equivalent to $40 a month and about $480 in a year. Now if we stretch the guy's 1 year investment over 5 to 10 years. That's around $2,400 to $4,800 invested little by little, and if Bitcoin keeps on growing over the long term, as it has done in the past, that ur steady habit can build up massive wealth for you. And the best part of it all is that one do not need to worry about checking the the charts or the short term price movement.

The last I checked, there were 52 weeks in a year, so $10 per week would be $5,200 in 10 years. Sure a minor detail but an important one to consider for guys who are investing weekly rather than monthly.

There are 4.33 weeks in a month on average. Let's try to not be overly sloppy with our counting, even though sometimes we round off, and surely a guy who started out with $10 per week might be investing $100 per week by the time 10 years pass... but we still will use round-about ballpark ideas.. but there is a difference if a guy might be budgeting to buy bitcoin every week and maybe adding to his emergency fund every week, then if he actually does $10 per week into bitcoin and then another $5 per week into his emergency fund, then on average that would be $43.33 + $21.65 = $64.98 for the month rather than $60.., even though in February it would end up being closer to $60 rather than $65.

By the way, many of us may have had jobs that pay every 2 weeks, yet several of our bills might be monthly, so many times we can feel good about those months that we are paid three times rather than two times.. Twice a year they happen for folks who are paid every two weeks.

Quote from: CageMabok on August 30, 2025, 09:40:21 PM

Quote from: bullbandit9 on August 30, 2025, 09:04:14 PM

Exactly. If your finances improve and you have more cashflow, you can increase the purchases on the way. People tend to have terrible advice for normal people, in the altcoin world it is even worse as they want people to spend time daily in crypto farming, chasing events and drops, keeping up with news and chats and so on.

Bitcoin should be as neutrally minimalistic and as easy to use as possible. Normal people should not need to check things daily for information, it is too time consuming and manipulative to live like that. It should become second nature, that is what makes DCA perfect.

What makes DCA even more perfect is when we can implement it without stopping and always adjust it to our own cash flow each month. This means that our own level of consistency with this method must also not decline if the goal is to increase our Bitcoin by repeatedly buying it whenever we have cash. But beyond that, I don't think anyone who spends time exploring available information by reading more isn't doing anything wrong, as that's how everyone gathers important information while accumulating Bitcoin after they learn more about it.

Other things like altcoins, events, and drops are commonplace and may not be considered important by everyone, but that doesn't mean they're wrong to know. Having more knowledge about many things will certainly be very useful, at least in preventing us from going down the wrong path when we want to invest in a proven future asset like Bitcoin.

I agreed with everything you said CageMabok, until you said that there was value in learning about shitcoins. Hopefully you are careful in that.. since it tends to be important to put shitcoins into a box in which their is a presumption that they are shit, so if they are going to prove that they are anything other than shit, then there is going to be a relatively high bar...

Sure, sometimes out of curiosity there can be reasons that some of us might get lured into looking at some aspect of shitcoins, yet the more important thing is keeping our eye on the prize and learning various bitcoin-related matters first and then also looking at shitcoins in light of bitcoin in order to try to figure out what they are trying to accomplish in various ways that they might be similar and/or different and many times just having some ideas that proof of stake is retarded should be able to help us to eliminate almost all of the shitcoins, and their need to have a token rather than building and/or linking to bitcoin can also help us to continue with our skepticism in regards to who they are trying to enrich with such token issuance and frequently obscurity and/or convolution regarding their token(s).

I am not suggesting to be blind to shitcoins, yet there are also ONLY so many hours in the day, too... and bitcoin is a bit of a handful in and/of itself, including the various ways that bitcoin has to interact with various shitcoins and various third-party custodians and attempting to sort out ongoing questions/concerns that any of us might have in regards to whether governments, institutions, financial institutions, and/or status quo rich folks are our friends or our enemies in regards to these matters. Bitcoin is largely for anyone and everyone, yet at the same time attacks upon it might not always be clear, even divisions from within bitcoin circes likely has plenty to potentially pay attention to rather than getting distracted into shitcoin nonsense, too.

Quote from: cryptomaniac_xxx on August 30, 2025, 10:04:15 PM

Quote from: Joeboy on August 30, 2025, 08:46:05 PM

Quote from: bullbandit9 on August 30, 2025, 07:25:27 PM

[Edited out]
DCA defeats any strategy of dip chasing. Normal people would not even have time to consider something such as dip chasing. Find a way to make DCA automated, set it up and forget it. Come back in a decade or two and see where you stand. One of the best ways to do it. As long as you don't look frequently, you will never have temptation to sell. Tongue

The beauty of DCA strategy is that it removes thee stress of chasing the dip or perfectly timing the market. Imagine someone decides to invest $10 into Bitcoin every week without worrying about the pricee movement.......That’s equivalent to $40 a month and about $480 in a year. Now if we stretch the guy's 1 year investment over 5 to 10 years. That's around $2,400 to $4,800 invested little by little, and if Bitcoin keeps on growing over the long term, as it has done in the past, that ur steady habit can build up massive wealth for you. And the best part of it all is that one do not need to worry about checking the the charts or the short term price movement.

It's the compounding over the years of investing that really stand out DCA from the rest of other strategy, like buying in lump sump. Reduces the sudden going up and down of the price, and as you have said, it's perfect for a long term strategy, no worries and no stress at all. You just have to follow the schedule and that's it.

And if you are a not a technical person (who are?), you don't need to obsessed with charts or drawing lines to predict where the price will be, (no offense to those TA "expert"). Even if there are negative news, you will have a peace of mind, or even be happy to see the dip or crashes because you can buy at a discount.

I am not opposed to lump sum, but many times people do not have lump sum, except once in a while.

yet if you are suggesting a strategy in which you invest lump sum and then you wait for dips and just let your lump sum grow, so then you are creating lump sums by waiting, I have my doubts about that kind of a strategy being effective, even it it might help to make people feel good, but if the BTC price goes shooting up and you are just letting your cash pile up, then you might have reluctance about not catching the unexpected up-spurt int he BTC price, which surely has happened fairly frequently in bitcoin's history and I see no reason that it is going to stop happening.

when you have a good backup fund and steady cash flow it is important becuase it keeps one grounded during unpredictable market moves when making sure to time the market perfectly sometimes it backfires , waiting for dip can lead to missed opportunities. letting some things play out naturally while staying prepared is rightly the smart way to approach investing.

If you feel you can stay grounded that way by having steady cash flow and good backup funds, you might not be able to stay grounded, because the market will always stay unpredictable, and what you could better do in a situation of uncertainty in the market is by having a discretionary income which is sustainable and makes you consistent in accumulating, you can never be as much as prepared by having a discretionary income which keeps you on your feet to always buy and accumulate bitcoin not even considering the price of bitcoin market, whichever way that bitcoin fluctuates would never be your concern, only people who are ignorant about bitcoin that would be scared of short term fluctuations of the Bitcoin market. I don’t really know what you have to wait to play out naturally before starting investment like you have stated, but you should know it’s better to get started immediately when you have a discretionary income, instead of letting things to play out naturally.