Quote from: ginsan on Today at 06:55:16 PM

Quote from: JayJuanGee on Today at 04:34:47 AM

I think that there are a lot of us here, who are active in this thread, who consider buying on dip to be inferior to DCA and also problematic for newbies to get overly caught up about BTRC price rather than just ongoingly buying bitcoin regularly, persistently, consistently and perhaps even aggressively, which is quite a bit more difficult to accomplish with a buying a dip strategy, unless the buying the dip strategy merely supplements the DCA and/or even lump sum buying approach.

So, yeah a lot of folks get confused by this thread's title, including the OP author Wind_FURY who frequently flip-flops around on the topic... proclaiming that he is an advocate of buying the dip, then saying he is o.k. with DCA, but then going back to buying the dip as if it were the best way forward, even though he ignores his own history in regards to his having had been disadvantaged by his own employment of waiting rather than ongoing buying strategies.

We prioritize regular weekly purchases as our first choice, and buying during dips as our second, because no one knows when dips will occur.

Yeah, it is great you kinda prioritize that, buh I think what matters most is consistency since some people might not be able to meetup with the weekly purchases, especially those who their funds comes irregularly but have some discretionary income when it is available. I think it is best to discipline yourself to be consistent in your purchases irrespective of how the income comes, If it comes in a more regular pattern, you can budget and go with the weekly buys, until the next one comes by, but if it comes irregularly, then you must discipline yourself to invest a percentage of the amount you consider discretionary income into bitcoin consistently as the funds becomes available.

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The DCA buying strategy offers us greater comfort without the pressure of price changes, which is why we choose DCA. However, what's most regrettable are those who continue to wait to buy Bitcoin; they don't take a stand, as if they're not prepared for what they're doing, making their statements unreasonable.

Yes DCA is good for its more convenient approach and best for arguably anybody who wishes to invest into bitcoin. Speculators always tend to make excuses for themselves for not starting out their accumulation journey which is always pointless and crazy IMO. They do not understand that the wait is detrimental and builds up tension and fear in their minds which they often find flimsy excuses to support it. The only solution to their lukewarmness is starting out their accumulation journey right away or they would still be stuck in procrastination for a longer time and have no bitcoin to themselves on the long run.

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