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Showing 20 of 293 results by bestcandy
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Re: Buy the DIP, and HODL!
by
bestcandy
on 08/07/2025, 09:21:58 UTC
[edited out]
IMO, it’s not just ignorance. People are just scared to start what they dont want to deal with in the long run. And for the fact that everything around bitcoin is different from what it was 2013-2015, beginners look back at it and dont know where to start.

A decent number of folks wrongly conclude that they are too late, and no one wants to be the exit liquidity of others.

Yet, at the same time, if they at least appreciate that their failure to buy bitcoin is only preparing for down, and they are failing to prepare for up.. then maybe they could be motivated to buy some in order to prepare for up. but part of the problem is that they think that they don't need to prepare for up, and they wrongly believe that they are not prejudiced if they don't prepare for up... which yeah, 5-10 years down the road or later, they may well come to realize how much they fucked themselves by continuing to fail/refuse to act to at least get started, even if it is just $30 per week.. even while we know they are easily capable to do $100 per week..
There is an adage that says that anytime someone wakeup from sleep is the time day break for the person. Inasmuch as Bitcoin investment is concern there is nothing like starting late, the only problem most folk is having is that they undermined the power of little begining, they want to start big and make it big without knowing that they can start from grass to grace if proper planing is conceive.
Most folk correlate the value of Bitcoin in the past years to present value without correlating the present value to what the value will be in the future making them feel that they are late in the system but they fail to understand the time value of money and investment.
Considering the unprecedented rise in the value of Bitcoin from the past year till date I'm pretty sure that Bitcoin has a great potential in the the future, what we seeing now as high price of Bitcoin may be a tip of an iceberg to what the value will be in the future and as such anyone that started now should not consider him/herself late, all we just need is consistency and proper long term planning.
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
bestcandy
on 08/07/2025, 08:44:43 UTC
Someone said that Bitcoin is for the rich, but that's not completely true. It might feel like Bitcoin is for the rich due to the media focuses on celebrities and billionaires buying and benefiting from Bitcoin. This creates a perception that Bitcoin is a rich person's asset. Even during network congestion, fees can spike making small transactions very expensive. But let's not forget that Bitcoin is neutral, it can empower the rich or help lift the poor, it actually depends on how communities adopt it. So understand that Bitcoin is for everyone, you can buy tiny fractions, not until you afford a whole Bitcoin.
Having the impression that Bitcoin is for the rich is totally wrong because Bitcoin was made in such a way that a middle class person can afford some fraction in accordance to the income of the person. For instance, someone can accumulate some fraction Bitcoin using DCA method and with good financial and investment plan a poor person that have little source of income can accumulate significant volume of Bitcoin by consistent DCA accumulation and hold for long time to get a good return on investment.
Bitcoin has the potential to make a poor man rich.
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Topic
Board Bitcoin Discussion
Re: What happens to your crypto if something happens to you?
by
bestcandy
on 30/06/2025, 21:08:40 UTC
What happens to your crypto if something happens to you?  Have you really prepared for that?
This is something that’s been on my mind lately ,and I think it’s something many of us in the crypto space avoid talking about.

We go to great lengths to protect our private keys and seed phrases. Cold wallets, metal backups, multi-sig setups... we lock everything down so no one but us has access. That’s great for security — but what if you suddenly die or fall into a coma? Would your spouse, kids, or family be able to access your crypto?

A lot of people might say, “I’ve written it down somewhere, they’ll figure it out.” But let’s be honest — in a real emergency, things get messy. Crypto isn’t like a traditional bank account where someone can just present a death certificate and get access. If you haven’t made a clear and secure plan, your coins could end up lost forever.

I actually know someone this happened to — a guy I met a while back died unexpectedly in an accident. He had a cold wallet with a decent chunk of BTC, and to this day, his wife still hasn’t been able to recover any of it. He didn’t use any kind of inheritance system or trusted setup. It’s just... gone.
What you just raised is a very serious issue and I have been thinking about the same thing. Trust is one of the major problem we have in the world today, there has been series of trust issue where some people that use the opportunity that someone entrust their asset to them to exploit the person. Although irrespective of the trust issue there are still reliable people to be trusted and there is need to entrust your asset to someone should Incase anything happen to you.
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Board Speculation
Re: Buy the DIP, and HODL!
by
bestcandy
on 27/06/2025, 01:01:57 UTC
When the price of an asset suddenly drops, you
DIP it. It is better to invest in this confidence that it will increase again in the future. If you hold it in the long term, if the investment strategy is correct and the price does not fluctuate and you have a risk-taking mentality, you can benefit more. Even if the price increases temporarily, hold it for a higher price increase later. If you want to be successful, long-term investors such as Bitcoin holders, investors in various stock markets, and believers in various technologies will reveal the correct value of your assets.
You see we start investing in Bitcoin with different time, many of us have been investing in a long time and while some of us just starting recently, so there are people who have been holding for long and there are people who are still on there accumulation stages, you must know that we all have our different financial plans and financial budgets and that is how we would have different strategies which ever strategies that you know that can help you to invest more and accumulate more then you’ve to adopt that strategy so you can have a sustainable portfolio, at some point some of us here are still learning and while some of us understands what is happening here.
While we are still learning for those of us who are still new here and are still on learning and our accumulation process it is very possible that we would make mistakes, but those mistakes shouldn’t affect our plans of continuous accumulation, that is where we have to make the right decisions to build a successful portfolio, because we have to try and learn from our mistakes and then we can start thinking of a better strategy to help us to keep accumulating our bitcoin assets. The most effective strategy is try to figure out which strategy that best suits us to continue accumulating e.g having an emergency funds and backup funds and all that which can help us to improve in our bitcoin sustainability strategies.
if there is adequate financial and investment plan and consistency, with time one can still accumulate reasonable volume of Bitcoin especially when you get the right information, know the right time to invest and the most efficient strategies that is in respect to your financial status.
When do you think is the right time to invest in Bitcoin? Today or tomorrow? i think the right time to invest is when you have your discretionary fund available, once you have your discretionary fund available, you can start accumulating, and as you do, you can start building your emergency fund. Instead of trying to determine when and where to start, the DCA method makes investing easier for everyone.

However, I agree with you that strategies are based on each person's financial situation. Just as most people talk about buying aggressively as if without buying aggressively a guy will not achieve his investment goal. with this,  most people can start buying aggressively when their discretionary income isn't enough to be engaging themselves into aggressive buying of bitcoin, which will likely affect their accumulation process. That's why I will only Stick to DCA method, as I'm confident about achieving my investment goal, is just a matter of time.
Bitcoin accumulation can be made any time either by DCA or lump sum considering the investment plan and the financial status of the person but the best time to optimize accumulation is to leverage the opportunity of dip period because it's cost effective and it gives investors the opportunity to accumulate more volume of Bitcoin compare to investing when the price is high. Although, I may say that it's not advisable for investor to wait for dip before investing on Bitcoin because while waiting for dip the investor may have other financial needs they may tempt him to use the money, so it's advisable to start investing by DCA while waiting to leverage the opportunity of dip.
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Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
bestcandy
on 26/06/2025, 05:53:36 UTC
When the price of an asset suddenly drops, you
DIP it. It is better to invest in this confidence that it will increase again in the future. If you hold it in the long term, if the investment strategy is correct and the price does not fluctuate and you have a risk-taking mentality, you can benefit more. Even if the price increases temporarily, hold it for a higher price increase later. If you want to be successful, long-term investors such as Bitcoin holders, investors in various stock markets, and believers in various technologies will reveal the correct value of your assets.
You see we start investing in Bitcoin with different time, many of us have been investing in a long time and while some of us just starting recently, so there are people who have been holding for long and there are people who are still on there accumulation stages, you must know that we all have our different financial plans and financial budgets and that is how we would have different strategies which ever strategies that you know that can help you to invest more and accumulate more then you’ve to adopt that strategy so you can have a sustainable portfolio, at some point some of us here are still learning and while some of us understands what is happening here.
While we are still learning for those of us who are still new here and are still on learning and our accumulation process it is very possible that we would make mistakes, but those mistakes shouldn’t affect our plans of continuous accumulation, that is where we have to make the right decisions to build a successful portfolio, because we have to try and learn from our mistakes and then we can start thinking of a better strategy to help us to keep accumulating our bitcoin assets. The most effective strategy is try to figure out which strategy that best suits us to continue accumulating e.g having an emergency funds and backup funds and all that which can help us to improve in our bitcoin sustainability strategies.
I love you assertion. One of the things I love most about Bitcoin is that it gives so many opportunity to both low and higher income earner to invest provided that the potential investor have the zeal and passion for investment with high tendency of patience and perseverance to hold for long term. No matter how discret out investment in Bitcoin may be , if there is adequate financial and investment plan and consistency, with time one can still accumulate reasonable volume of Bitcoin especially when you get the right information, know the right time to invest and the most efficient strategies that is in respect to your financial status.
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Topic
Board Speculation
Why does war always affect the price of Bitcoin
by
bestcandy
on 26/06/2025, 03:08:04 UTC
It's so notable that the price of Bitcoin is always affected when there is war among some notable countries in the world and this makes me to wonder  why Bitcoin price is always impacted negatively by war. For instance, Bitcoin saw sharp declines during the 12-day Israel-Iran conflict, but prices rebounded after the announcement of a ceasefire.
What's your opinion on this??

https://www.google.com/search?q=why+is+bitcoin+affected+by+war&client=ms-opera-mini-android&channel=new&tpsf=opminienpf#sbfbu=1&pi=why%20is%20bitcoin%20affected%20by%20war
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Re: where is BTC heading to?
by
bestcandy
on 25/06/2025, 23:35:22 UTC
At this point, IMO I feel BTC is heading to 92k or lower from my view of how weekly TF is, but I'll expect a pullback to either 105k or 104k before going to 92k. We might get to 86k, but I can't say for that now till we get to 92k first. what is your View on BTC?
Everything you are saying is mere assumption. Although, Bitcoin is subject dip and rising but your analysis does not give certain correlation of the fluctuation of Bitcoin price.
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Re: Buy the DIP, and HODL!
by
bestcandy
on 24/06/2025, 04:50:17 UTC
Today I see the market starting to recover and bitcoin is trading back above $105K. Anyone who accumulated on the dip the day before has seen how well that approach has worked so far - that's how the market rewards those who use it correctly. Don't be afraid when the market goes down for one reason or another - it will eventually recover for a reason.

Some people are hesitant to buy on dip - even with some of their capital, but the reality is that they are too often late to act, especially after the market recovers. It is okay to buy on a rise - accumulation can be done at any price, but when you take advantage of dip, you will obviously accumulate more bitcoin.
You are perfectly correct. Many investors actually hesitate to buy on dip to increase the volume of their Bitcoin starch but the problem is to be calculative enough and to be smart to leverage the dip and accumulate more Bitcoin because some fork set their targeted dip to buy and they keeping on waiting for Bitcoin to dip to their target before they will buy and by so doing the price will start to recover making them to missed the opportunity of accumulate more Bitcoin.
Congratulation to those that were able to leverage to accumulate more Bitcoin.
 
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Board Speculation
Re: What will happen to BTC?
by
bestcandy
on 24/06/2025, 04:32:27 UTC
🚨 Huge Resistance Near 110K — BTC Could Crash Down to 80K in Coming Months. What do you think?
It's not a new thing. We all have experience insistence rising and falling of Bitcoin price, even if Bitcoin will crash in the in the coming months I don't think it be down to $80k because the basis for this your assume speculation is not certain to me.
Although Bitcoin is subject to bulling and dipping but every invest must be steadfast in hope and courageous as there is always a light after the tunnel.
We are Bitcoin investors, we believe in Bitcoin and what we will believe will do us no harm but favour.
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Board Politics & Society
What do you about China marriage divorce law
by
bestcandy
on 24/06/2025, 04:16:16 UTC
China new marriage divorce is something I find very difficult to comprehend their reason for making such laws. Some of the area in this law may likely show that women has been exploiting men through marriage divorce which could be one of their reason for making such law. For instance, the new law dictates that whoever paid for a property generally retains ownership, even if the other spouse's name was added to the title after marriage.

Gifts to the husband:
Property gifted to the husband by his parents will not be considered shared matrimonial property and will remain his property after divorce.
Women are clamouring that the law is against their interest.
What do you think about this law?

https://x.com/WokePandemic/status/1914593066088063398?lang=en
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Re: Buy the DIP, and HODL!
by
bestcandy
on 05/05/2025, 21:58:36 UTC
Snip

How many Bitcoins are enough for a person is a subjective thing. For a person like me who hails from South Asia, 5 Bitcoins will be sufficient but a person living in USA or EU has different criteria of enough Bitcoin. But that's correct that once you are having enough Bitcoins then don't go for aggressive accumulation of Bitcoin because all of us are gathering Bitcoins to achieve a specific target and if you already have achieved that target then just relax. It might be a good point for you to start selling some portion of your Bitcoins to enjoy the result of their hard work .

For no coiners, the best strategy is to start investing from any point and once they start investing they can go aggressive on dips only when they figured out what actually a dip is. 
Our different targets will determine how aggressive we choose to invest and once you have achieved your investment target I think you should consider securing some profit to help reduce the risk of exposure to market volatility as risk management is also an important part of investment and one of the qualities a good investor.

As for me I don't think investing and accumulation ends, even after achieving my investment goal and probably taken profit I will just have to rebalance my portfolio and set a new target probably higher than the previous one and accumulation continues.
At that point some would consider diversifying into other investments. Our goals are different.
It's certain that every investor have a target but that doesn't mean that investors should relax and start selling some portion of their Bitcoin when they hit their target because for me, I believe that there is no limitation to Bitcoin accumulation provided you have the financial capacity to accumulate more Bitcoin because the more starch of Bitcoin you accumulate the more sustainable your investment will be and the higher your chances of making huge profit in the future.
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Board Services
Re: [OPEN] eXch Anti-Phishing Campaign
by
bestcandy
on 19/03/2025, 14:11:21 UTC

BTC address- bc1q9rd2hqm8xfcwnsfaj206j8h66rh9wxnhvlqjn5
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Topic
Board Gambling discussion
Re: Licensed gambling can be worse than any other form of gambling
by
bestcandy
on 15/03/2025, 14:57:09 UTC
Gambling companies being licensed actually helped in checking scams because the process of obtaining the license avails the authorities the chance to know the faces behind the platform and in case of any issues, attempts can be made to bring them to the table. Unlike unlicensed casinos, the operators can do what they like and hide their identity completely which is dangerous on the long run.

However,  from the side of the authorities,  they are more interested in the taxes and levies they will get from these casinos and not really because they care about anyone. The whole reason for the crackdown on gambling will mot be far from taxes and levies.
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Board Speculation
Re: Are You Really going to Sell?
by
bestcandy
on 10/03/2025, 19:17:58 UTC
Imagine not selling when Bitcoin was above $100K
And now considering selling now
Lol what a Loss.

Yeah the dip is annoying, constant reds isn't funny
But the willpower and determination that held you from selling above $100K should also be applied now.


Stay strong
We all in this together. There are People at there house with bigger stash but they are still holding.


The essence of the thread is to remind Bitcoiners that we still holding and ain't giving up now .


Godspeed.

The dip is really annoying but I'm pretty sure that it will soon correct so let's persevere to be steadfast and be patience as we are already aware that Bitcoin is volatile and subject to rise and fall. However, instead of being under pressure for the dip we should see it in different dimension as investment opportunity that we should leverage to accumulate more Bitcoin and hold for long term to maximize our profit in the future when the price is high.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bestcandy
on 10/03/2025, 18:19:54 UTC
Looks like Trump somehow made Bitcoin go down instead of pumping it, as many were expecting.
Certainly we were optimistic that Trump will help Bitcoin base on his proposed idea of using Bitcoin as a strategic reserve of US prior to his inauguration but what we are seeing now show that he made Bitcoin to go down instead of Pumping and this may be as a result of some of his economic policies especially the increase of tariff in importation of goods from China, Canada and Mexico.

dude he will be doing world wide tariffs to any country that charges a tariff to the USA.


the list of countries that do not charge the usa a tariff


"https://www.trade.gov/free-trade-agreements
FTA tariff tool.

Australia
Bahrain
Canada (included in the United States Mexico Canada Agreement USMCA)
Chile
Colombia
Costa Rica (included in the Dominican Republic - Central America FTA [CAFTA-DR])
Dominican Republic (included in CAFTA-DR)
El Salvador (included in CAFTA-DR)
Guatemala (included in CAFTA-DR)
Honduras (included in CAFTA-DR)
Israel
Jordan
Korea
Mexico (included in the United States Mexico Canada Agreement USMCA)
Morocco
Nicaragua (included in CAFTA-DR)
Oman
Panama
Peru
Singapore"



Canada and Mexico are on that list and will not longer be tariff free

along with about 180 countries with tariffs  already

We earlier thought that Trump will be a great performance indicator that will pump the price of Bitcoin but his economic policy show that his attention is more on economic war and economic supremacy than Bitcoin and this has resulted to a severe negative impact on Bitcoin that is not in correlation to our expectations from him
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bestcandy
on 10/03/2025, 18:04:31 UTC
Me after realizing we're going down more:


Bitcoin may go down more but it's certain that it will reverse and appreciate in the near future.
There is no need to panic over the dipp because we are already aware of the volatility nature of Bitcoin so let's exercise some patience and see the dip as investment opportunity that we will leverage to accumulate more Bitcoin to enhance the sustainability of our investment for future profitability.
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bestcandy
on 10/03/2025, 17:46:52 UTC
Looks like Trump somehow made Bitcoin go down instead of pumping it, as many were expecting.
Certainly we were optimistic that Trump will help Bitcoin base on his proposed idea of using Bitcoin as a strategic reserve of US prior to his inauguration but what we are seeing now show that he made Bitcoin to go down instead of Pumping and this may be as a result of some of his economic policies especially the increase of tariff in importation of goods from China, Canada and Mexico.
Post
Topic
Board Bitcoin Discussion
Re: What is the story of bitcoin prices so low?
by
bestcandy
on 10/03/2025, 00:13:45 UTC
If you notice a little, you can see that the price of bitcoin is constantly falling down. There are certainly some reasons behind this that I am clear to you if you have such information, don’t mistake to share here. The reasons why its price is generally low is epidemic or regional political, unstable market concern, technical reasons, economic conditions may be called NIM and upward based on these conditions, but what kind of problems can we create here if we have? Everyone has questions.
Volatility is a significant characteristics of Bitcoin that is in respect to many factors ranging from socio-economic and political factors. Considering the erra we are now and what is happening in the world today we don't have absolute political and economic unity. many notable countries in the world today that would have align to make uniform policies that will enhance sociopolitical and economic transmission are now having economic differences that has resulted to a hunch that is affecting some economic indicators that optimize positive volatility of Bitcoin thereby resulting to insistent dipping.
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Re: A good investor is steadfast even in dip
by
bestcandy
on 09/03/2025, 23:27:09 UTC
Although, no investors is happy when his investment is declining instead of appreciating but a good investor that have good understanding of the volatility nature of Bitcoin will not be under pressure when Bitcoin is in dip because the rate at which Bitcoin appreciate is much more than the the decline.
It’s surprises me when I see people planning to hold their coin for a long term complain when bitcoin price is dropping. As an investor, you should know about bitcoin volatility first before investing in bitcoin, so if you have appropriate knowledge about it, then why will you have to be scared because bitcoin price is dropping?

People that understand bitcoin are always taking advantage of the dip in the market to buy more, they will never be scared that bitcoin price is dropping, because they know that with time, it’s going to bounce back, and they will be in profit, so why will they panic.
You have spoken well. it's very good for anyone that went to invest in Bitcoin to have the indepth knowledge of the volatility of Bitcoin and other characteristic of Bitcoin because smart investor that have good understanding of Bitcoin see the dip phase as opportunity they will leverage to accumulate more starch of Bitcoin that will enhance the sustainability of their investment.
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Re: Buy Buy Buy or Sell Sell Sell?
by
bestcandy
on 09/03/2025, 00:35:02 UTC

At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

I have seen much of the repeatation of this discussion and I believe it is only a stubborn fly that will follow the corpse to the grave ,  why not take advantage of the market presented to you than waiting for the one that you are not sure of,  if only anyone can understand what volatility means in the market I think waiting when you have your investment money available is a wrong decision especially when you knew you have little of Bitcoin in your portfolio. It is reasonablely practicable to buy the dip when preparations are made for it with a reserve funds while still Buying with the dca strategy because waiting for it may up in big regret.


The main point of DCA is to buy consistently, if you do not buy consistently, we cannot call it DCA. Now, if someone wants to buy DIP, then he has to keep a separate fund for that. However, in the case of DCA, there cannot be any weakness or irregularity in buying regularly. But in the case of a new investor, they often get scared because they do not understand the market fluctuations and hesitate to make the right decision. As a result, they often face losses. So you have to understand the right thing and think long-term. Many people have many mistakes in their thinking, they want to profit by using market fluctuations, but when they actually do it, they face real losses. So the wrong decision will lead people in the wrong direction, so from the First stage, think rightly and move forward using the right strategy.
The money you can use in buying bitcoin is your Discretionary income so keeping a separate money to buy during the dip which is not part of your Discretionary income could be wrongunless it is still from your Discretionary income but there is not reason to keep a separate money for buying the dip when the dca strategy is there because with this dca strategy you can be buying bitcoin consistently it doesn't stop you to buy even when the price is low, so with the dca strategy you can buy bitcoin even when the price is at dip or not.
keeping a separate money to buy bitcoin during the DIP is not a wrong decision, you can still accumulate bitcoin using the DCA method with your discretionary, and still keep a separate money to buy bitcoin during the DIP, it doesn't not matter provided you are buying bitcoin to hold for a long period of time.


Use the money to buy bitcoin using the dca strategy instead of keeping it to buy when bitcoin is dip, what if bitcoin doesn't dip? That means you won't use it to buy bitcoin?, add it to your Discretionary income instead and increase your bitcoin or even if it dip it may not go to your expected price to buy there is nothing wrong if you still add it your Discretionary income buy bitcoin and still hodl.
for you to make this kind of statement, that means you don't know bitcoin, bitcoin is a volatile asset that is to tell you that it must DIP in other for the market to get balance.
In the history of bitcoin, bitcoin has been going up and down, bitcoin price can not continue to raise without a DIP, it is impossible it have never happened since the creation of bitcoin, so be guided so that you won't misled newbies.

You guys should stop having this argument.
You are correct @ Joy- maker and the separate money can also be called a reserve funds, there is nothing absolutely wrong in mixing up strategies provided provisions are made for them accordingly, you can be doing your DCA strategy and at the same time also take advantage of the dip when it occurs with your reserve funds provided that you are not only buying to hold for a long period of time as you said but you are also taking care of your needs comfortablely without struggling.
You guys are emphasizing too much about having a reserve money or discretionary income for Bitcoin investors and it makes it ook like a yardstick for Bitcoin investment in such a way that someone must have some money reserved before investing in Bitcoin. Although, it's necessary to have some reserve money but I don't see it as a compulsion to a successful investment in Bitcoin because Bitcoin is not a career but just an investment that any one can make to enhance his/her financial capacity.