Sometimes as an investor, if I think that a dip is a perfect market condition then that might absolutely not be true, Because all I can do for myself is to keep accumulating consistently and buying and stacking bitcoin on a regular basis not considering when there is a dip, because we can’t tell how long a dip is going to last when it comes, but you might still find out their are people who might still not buy bitcoin during the dip, probably they lack a discretionary income at that moment to accumulate during a dip, perhaps there are investors who might want to make different efforts to have a discretionary income to make an opportunity for them during a dip and I know some guys who doesn’t care about accumulating during a dip because they can also accumulate their bitcoin with DCA at any given time frame.

However there might be some investors who would want to have a strategy of saving fiat comfortable to them considering when there would be a dip to take the opportunity to accumulate more bitcoin, which I think is also not a bad idea for them to save money to buy when there is a dip, but that still wouldn’t stop them from buying accumulating on a regular consistent basis not even considering the price of the bitcoin commodity in general and what the price of bitcoin.

Not everyone would see a dip as a perfect market condition to invest and to continue accumulating bitcoin because they’re well aware of Buying through the DCA method which is quite favorable to them.

I think you are missing something in this comment. Before you start investing in Bitcoin, you need just the basic knowledge of how/where to buy, how to withdraw, choosing the right wallet and other basic safety measures. The most important thing in Bitcoin investment is to only use discretionary income, this will save you from a lot of troubles. If you don't have discretionary income, then it is time for you to work harder to raise it because that is the only money you can put in Bitcoin and it will stay in Bitcoin without you feeling the urge or pressure to sell your coin. With discretionary income, you will also learn to be patient when the market drop below your entry point.

The second most important thing for a new investor is to start working on emergency funds. When emergency funds is in place, the investor will be able to protect the Bitcoin from being sold when they encounter emergency that was not planned for. Every other thing builds on these two ideas to make the Bitcoin accumulation process excellent for the investor.

The thing about banks will always be a scam, nothing compared to BTC , banks will give you a way to earn, but as you say, it is only a small percentage and money should not move like that, money should always be invested, BTC is the best option , a bank should not be called an Investment, it is profit for them, having an asset as powerful as BTC is the best and there is no need to invent putting or investing in something else, for me it is the best option in the world.


The important thing about this is knowing how to develop your emergency fund , I wouldn't say anything about leaving it in BTC , but you have to contribute a little more often to increase that emergency fund, These emergencies sometimes leave us in a bad position , which is why it's Always advisable to have a lot more allocated to put in there.

There is no specific time to invest. You can invest whenever you want using DCA method. If you wait for the right time to invest, you may never be able to buy. Because the main reason for waiting for the right time is to wait for the price of Bitcoin to decrease, which is not the right way to do it. If you wait, you can fall far behind your portfolio goals and miss out on many buying opportunities. Waiting to buy is always a sign of a trader. Because a trader is always waiting to buy and when they make some money, they sell their holdings.

An investor should continue to buy continuously until the portfolio reaches its goal. Holdings should be held for a long period of time, such as 8 to 10 years.

Someone can focus on the present Bitcoin price but they should see it as an opportunity to continue buying more, as the price is still low. As the Bitcoin price will be higher than so the present price in the future so well. So, I believe it all depends on how someone views the price of Bitcoin.if a Bitcoin holder is thinking of selling their Bitcoin because they believe it is expensive now, I would say they should not focus solely on the current price. Instead, they should consider what the Bitcoin price may bring in the future. The fact is that some people are regretting they have sold early than this current price as they see the price of Bitcoin continuing to rising. They had sold their Bitcoin when the price was around $100K, thinking it wouldn't go any higher and might dip again.so now some are even trying to buy back.more that the price they sold their bitcoin as price continue increasing.

It's always like that. That's just business. A Bitcoin investor who started his journey of Bitcoin accumulation when Bitcoin was far below $100k wouldn't see it as something bad to sell some part of it when it hits $100k, yea! Because, according to the set gaol, he would make great gains. But am sure he wouldn't sell Al, because such an investor is still optimistic about future increment of Bitcoin. So to me, I wouldn't see it as a regret unless he sells ALL. If the investor sells some fragments, and still retains some to handle few other life demands, I think it's worthwhile, that's even the reason we are all investing, to make good gains and meet out needs.

It's becomes a big regret if such an investor targeted to accumulate and hold for let's say 4-10years, and within the first two years, Bitcoin price skyrocketed, and he sells all at a go. But a real investor and business minded individual won't do that. So if we really know the value of what we hold, sometimes, we wouldn't be shaken when the price dips, we know for sure, that in a long run, it will appreciate, this will encourage us to hold for as long as we can and keep accumulating.

It is better for someone who’s desirous to invest in bitcoin to get started first in accumulating bitcoin rather than waiting to know everything before getting started. You mustn’t know everything about bitcoin before you get started in investing in bitcoin . The only thing you need to know is to be able to figure out if you have a discretionary income to invest with. Having a basic knowledge is good, but is not really enough reason to wait before getting started once your discretionary income is available. And also talking about mental preparation and the requirements for mental capacity to withstand market fluctuations, that’s why i emphasized you need only your discretionary income to invest with, and not to invest with not more than what you can afford to lose. As a long term investor, whose goal is focused on the long term aim of investing and consistently accumulating bitcoin and hold with your discretionary income, you don’t have to pay attention to the market fluctuations, the market price shouldn’t bother you and your mental health or capacity, your only concern is to be able to figure out your discretionary income and with the help of the DCA method of accumulating bitcoin, you can gradually accumulate bitcoin either weekly or monthly basis depending on how your income flows, and gradually build up your portfolio for the long term goals.

Bitcoin have been in existence for 16 years, and we all have seen how bitcoin price have been growing, so I don’t think anyone will want to invest in bitcoin, and they still going to be scared, what are they really scared of? Seriously if you are planning to invest in bitcoin, the first thing which we are just suppose to do is have the mindset to hold for a long period of time after investing, if you are investing for long time, then slight changes in the market is not even suppose to disturb you, because you not even planning to sell soon. The only set of people that are suppose to be scared are just traders, or short time investors, which I don’t always recommend people to hold bitcoin for just short period of time.

They still get scared since market still unpredictable, but what advantage of veterans is they already face lots of challenges that's why they are confident that market will recover once there's a dump will happen. That's the reason we could see those sentiments or statements that buy now and HODL because they know what's going to happen after those bearish trends occur.

Only those new investors will have this doubts because they actually have limited knowledge about Bitcoin.

Also trading is not sustainable and they are one step for being broke by doing that. I see lots of people quit doing this that's why its not recommended activity to be done especially if they are faint hearted person. But see lots of people sustain their actions by doing long term HODL so choose the best and less stress investment option since for sure they would find more convenient thing to do with their Bitcoin.

It can be difficult to create and maintain clear goals, so in some sense there might just be ballpark goals, especially when it comes to further into the future, including 4-10 years or more into the future.  Even though time will likely fly by fast.

Initially the clear goals might be merely to get into a habit of buying bitcoin every week and solidifying cashflow management systems and practices... so there could be stages that the bitcoin investment grows more and the cashflow management grows stronger, yet it can be uncertain regarding how long it is going to take to get 1 years income invested into bitcoin for example. . and yeah if it can be figured that a person is investing around 10% of his income into bitcoin, then it may well take right around 10 years to get to 1 years income invested into bitcoin.  There could be times where the person is able to invest more aggressively (or a higher percent) , but then there might be other times that the person has to cut back the amount invested because income is shrinking and/or expenses are going up.. in other words discretionary income is shrinking.

Young people may be wanting to get job training and/or to attend university, so there could be some difficulties earning income during those times, and expenses might be high relative to income... and even if a person does not have questions about job skills, there can frequently be questions regarding what kind of work to do that will both al.low for personal satisfaction and decently sufficient pay... or some jobs also might be considered as temporary jobs... so then objectives might change, even when we might have had told ourselves what our goal was, but sometimes we might be forced to focus on some intermediary and maybe short term goal that might take us away from accumulating bitcoin, so then we might have to figure out the extent to which bitcoin remains a high enough priority or if there might be ways to redesign our activities to make sure to keep bitcoin accumulation  as one of our main goals, even though we might not be in a position to make the goal clear, but instead just to establish our goals directionally and weighing various costs and benefits... since sometimes if we might see that we can increase our income, yet there might be some short term loss of income, we still might consider increasing our longer term income as the better path.. even though there might be some delays in regards to bitcoin and maybe the amount of bitcoin that we are able to accumulate becomes a bit less certain for a period of time.


You should be careful In_cu_bent, since there are various levels to DCA, and DCA can also be combined with lump sum buying and buying the dip, even though if we are talking about a beginner, they might not need to try to buy the dip.

Another thing is that anyone who is new to investing into bitcoin, he may take some time to get his finances in such a place to get used to investing in bitcoin and figuring out a way to be as aggressive as he can in regards to buying bitcoin, yet without over doing it.  Of course a person could choose a whimpy bitcoin investment approach, yet he might want to make progress faster in his bitcoin investment, even if he might already know that he is investing into bitcoin for 4-10 years or longer and perhaps for life, yet he might get into bitcoin and he might not initially know how long his investment timeline might be or that he is making a life time investment, even though the longer that he invests into bitcoin, he may well come to recognize and appreciate that his bitcoin investment is for life (yet not that many newbie bitcoin investors will likely come to such a conclusion until after investing into bitcoin for a while and ongoingly learning about bitcoin while they are investing into it).