Re: Buy the DIP, and HODL!

so we would not consider things like age when it comes to buying and accumulating bitcoin,

Age can only be a threat to those Investors that can't make direct purchase, I noticed that some people are not familiar with online purchase. Instead they prefer making thier purchase through bitcoin ATM, and if they don't care to learn, some day they will get to a certain stage were they won't have the strength to be going to the bitcoin ATM as they used to when they have not come to aged. in this case they can just consider it as the end of thier accumulation journey, but those who are familiar with the online purchase will not be affected. However i think the best way is to start bitcoin accumulation on time so that before we would get to the stage where we will be facing any of this challenges then we must have reach our investment goal or the stage of overaccumulation.

I believe age here is pointing to health
In my view, age shouldn't in any way affect investment. Things happens (as in surprises/unexpected). To a point as long as someone still has common sense, investment in Bitcoin can continue no matter the age. The issue of using Bitcoin ATM or online purchase is not something that matters so much since they both offer the same result. Come to think of it, what could be the reason why some people are bent on Bitcoin ATM purchase? Could it be because of fear of fraud?
Bending on Bitcoin ATM use is for sure location based, this ATM is not rampant as normal ATMs. So someone who has it located around is tbe one who would be bent on using it, if not the importance of learning how to purchase online already speaks louder.
As for age, surprisingly an elder of say 65 years could still in the next 10 years have what it takes to go to Bitcoin ATM to purchase while a youth of 35 years can not..
Note; aside being located around Bitcoin ATM, incorporation of both purchase means is paramount irrespective of age. Not forgetting the privacy and comfort of the online purchase.
As aged and or unhealthy person, there might be other measures to keep up with investment in Bitcoin. Very hard but it could be possible to have someone who would assist in that regard. Someone who will help in purchasing whether online or using Bitcoin ATM.
Also like you pointed out @ejikeme24 "reaching investment goal" settles the matter.

You seem to be superficially addressing the age factor, since it is quite likely that a 35 year old and 65 year old is not going to be in the same position in terms of income they are earning or able to earn, and they may well also not be in a similar position in regards to how much they have saved up. So of course age is a factor that needs to be accounted for, along with the other individual factors.

If a person concludes that he has at least a 4 year time horizon for investing into bitcoin, then surely that would be a factor. The 35 year old may invest from income, yet the 65 year old might reallocate from some other investment that he has.

If a 65 year old is building his investment over 4 years, then when he turns 69 (or 4 years down the road) the earlier invested amounts would be ready for potential withdrawal but the later invested amounts would not have had reached a 4 year investment timeline, yet, and every new investment into bitcoin needs to have a 4-10 year or more timeline in order to be an investment rather than a trade. Personally, I recommend against trying to trade bitcoin.

I totally agree with you that age has the potential to change the whole approach to investing in Bitcoin. A younger investor has the luxury of having a steady income, plus a longer runway, which isn’t always the same for older investors, because they usually won’t have to rely on their future earnings but would rather alternatively think about reallocating from their existing assets. This factor alone changes the whole approach, even if they’re both targeting the long term or committed to a 4+ years horizon.

The factor that is often overlooked in the equation is liquidity needs and risk tolerance. For instance, the main question for someone who’s in their 60s isn’t whether they can hold bitcoin for 4-10 years, but rather whether they can comfortably ignore the markets volatility without jeopardizing their retirement funds. It’s a lot more easier for a younger investor to ride out 70% drawdowns without much stress, which is a very different psychological and financial challenge for someone who is already in retirement.

Another key factor here is diversification. A younger person who’s still around his 30s can go heavier into Bitcoin due to the fact that he’s still got decades of earning potential ahead of him to help him balance out mistakes, while someone in his 65-ish year old may consider balancing bitcoin with assets that generates predictable income. Most of the times, it’s really not about the approach that’s better than the other, but more about tailoring the allocation to the individual’s stage of life.

I also completely agree with the point that each new Investment should be thought of as starting its own time clock. Having this kind of mindset could potentially help folks get rid of impatience and the idea of Bitcoin being treated as a short term trade.