Quote from: JayJuanGee on August 07, 2025, 04:37:33 PM

Quote from: kanftka on August 05, 2025, 03:01:55 PM

And the crazy part? DCA works even when you don’t time the bottom… Like, you could literally buy while Bitcoin is dropping, and as long as you stay consistent over time, you still be profitable off it… That’s what people don’t get. You’re playing the long game, and the long game always wins in Bitcoin investment...

Most of the OGs you see sitting on bags of Bitcoin did not trade their way there, they just kept buying regularly, ignored the noise, and waited. Simple as that….

The crazy part if we are buying bitcoin for 4-10 years and even longer, we could end up buying at the top and at the ATH several times and still end up in profits over the long term with each of the purchases and/or with the overall average purchases, and we have no way to know if we are buying at the top, so we should not be thinking about those kinds of matters if we keep on accumulating bitcoin on a regular basis, as you mentioned.

Quote from: Achalugo BTC on August 05, 2025, 05:15:33 PM

Quote from: JayJuanGee on August 01, 2025, 11:12:22 PM

Quote from: Achalugo BTC on August 01, 2025, 10:08:34 PM

Quote from: JayJuanGee on August 01, 2025, 05:21:04 PM

[edited out]

Well, while investing in Bitcoin, it's essential to have a view of your finances. That is to say that is not just about the available funds you have for investment, but your overall income and expenses, as well as any future inflows of discretionary income. Doing this, can help you create a very thoughtful investment plan that will aligns with your financial goals and your risk management.

When putting extra money, which you are absolutely right that, there other options for one to consider. While some people may choose to buy Bitcoin immediately, while others might put aside a part or portion for buying dips or adding to their regular DCA. Which is to help to make informed decisions based on individuals capacity and their financial goals.

Also, it's true that holding back money to buy dips can put those who have limited discretionary fund or those who are early in their Bitcoin accumulation might find it confusing in making a well informed decisions or plan in their investing. But, in this state, it might be more proper or productive to focus on regular investing and allow the power of compounding work in their favour.

So, the best thing to do, is to have plan or strategy that will work or favour you and your financial situation. For it will help you to be able to achieve your success with Bitcoin.

Part of the problem of poor people waiting or employing waiting strategies rather than ongoingly buying is because it takes a real long time to build any kind of investment stake, and even a person who is able to invest 10% of his income is going to take 10 years to have 1 years worth of income invested into bitcoin.. there are a lot of poor people who may well not even be able to put 5% of their income per year into bitcoin, so it could well take them 20 years or longer to invest up to 1 year's of their income into bitcion.

So part of the point is that they have to get a stake in up before fucking around with waiting strategies or buying on dip or anything other than just employing persistent and regular buying. So yeah, poor people frequently end up screwing themselves by failing/refusing to stay focused on ongoingly buying of bitcoin, which is likely what they need to start to feel progress that might take them 10 years or more before they will start to feel that they are making some meaningful levels of progress, and I doubt that they are going to help their position by fucking around waiting for dips that may or may not end up happening.

And yeah, in the end, each of us can do whatever we like, even dumb shit... and waiting, trading, getting involved in shitcoins are all dumb strategies, especially for poor people who should be figuring out how to ongoingly, persistently, consistently, regularly and perhaps even aggressively (within their means) be accumulating bitcoin through buying.

The slow pace of accumulation can actually lead to frustration like waiting for dips which might bring desired results.

Instead, they should focused on regular buying, especially those with limited discretionary fund. That is being consistent helps them to stake over time and it brings progress in their Bitcoin journey and will be able to navigate market fluctuations.

In essence, individuals can make progress towards their financial goals, even with the limited discretionary fund through consistent in accumulation, for this can help them develop a discipline investment habit, for them to be able to accomplish or achieve for long-term success regardless of market conditions and also it's essential to apply patience, persistence and discipline while exhibiting good strategy.

Even a poor person who is ONLY able to invest right around $10 per week will have had invested $520 in a year, and perhaps after 10-15-20 years, such poor person might start to feel quite well off, even if they are not rich, they are likely way better off than they would have had been if they had not invested into bitcoin.. Such person may well invest $5,200 after 10 years and even $10,400 after 20 years, and yeah, it could well be the case, that such poor person is frequently tempted to tap into his bitcoin investment too... especially since it may well start to seem that every bit of his additional investment into bitcoin is not making much difference in regards to the total value of the investment and how the investment might be fluctuating in value from time to time.

Depending on how long he waits to keep building his investment into bitcoin, based on his income level, he may well start to be able to live off of his bitcoin after 15 years or so. Perhaps? perhaps?. in other words, the bitcoin might be able to generate way higher levels of income than he had been putting in, so after 10 years he might start to be able to draw $200 per week from his bitcoin, which is 20x the amount on a weekly basis that he had been putting in on a weekly basis. So even though the amounts are low, the guy could still end up being protected by his bitcoin investment so long as he had been able to exercise some discipline in building, holding, securing and managing his coins. It may well be true that generally poor people do not have those kinds of good habits or abilities to learn those kinds of skills, yet there will be some poor people who would be able to both learn the skills and to exercise that level of discipline in regard to building, managing and securing their bitcoin.

If poor people can invest a few dollars a week, they can make a big investment in a year. If poor people invest a little, they will eventually become rich. They can enjoy many things in life. If they invest in Bitcoin along with other income, they will eventually reach a good level. If they invest in Bitcoin, they will see other income levels. However, it becomes difficult for poor people to do all this.

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