Very well said JJG even I have some living examples in my network who owned a good amount of Bitcoins and they went for trading to increase the number of their holdings but it went into reverse mode and lost around 25%. Avoiding loss is also considered as Profit. So your advice is acceptable for those who don't know the market behaviors and trading skills.

Whoever wants to start accumulating Bitcoin whether in a Bearish market, Consolidation, or Bull market in every circumstance the DCA works efficiently to provide a reasonable average price of the Investment.

Actually it's not easy to read the behavior of the market in trading it will be much more complicated if they want to increase it there whereas the convenience of owning bitcoin is much more meaningful which will avoid losses of course in BTC trading it will be very difficult to gain so I also not against trading, you will be more comfortable with the accumulation of additional money because if you trade, you will definitely rotate the capital that has been built from the start.

DCA is a healthy way for us to continue to accumulate, the pressure here is not too heavy when there is additional money to enter DCA and let it run according to the cash flow you want as long as you can manage it properly.

Whatever it is financial management is very important.

I must say that this is an absolutely correct conclusion and one of the facts that many investors have experienced. We can only plan something consistently, but in practice it is difficult and it is still very possible to change, especially when we are faced with a precarious situation.

Strategy does not have to be rigid, while it can still be adjusted over time as long as the goal is achieved. There's no need to force it, and it should be something that's done as simply as possible.

yes, and we as human beings and given reason and mind by God,
so we have to be able to think well and we have to learn to strategize and we have to fight as hard as we can.
and invest in btc in my opinion need an investment trading strategy and so on.

and usually many people are forced to sell btc because of emergencies such as illness,
which of course requires a large fee.

and in my opinion it would be better if a btc investor has a health card or health insurance. With the aim not to interfere with investing in btc.

I somewhat understand what you are saying about some of the additional considerations in regards to being small, yet I would somewhat fight about this idea - and even Wind_FURY has brought it up many times..... and I tended to ongoingly assert that management of your BTC holdings (or even your cashflow) is not so much about how BIG or small you are, but instead in regards to reaching certain levels of profitability.

Of course, there can be confusion and overlap of the ideas because if you are early in your wealth accumulation, it may well NOT really seem like very much money that you are working with, and if you are adding $10 per week, it could take a long time to reach any kind of meaningful levels of accumulation... .. so sometimes we might consider what is the annual amount that we need to live, and if we were saving/investing 10% of our annual income, it may well take us 10 years to reach 1 year's annual income (that is if the investment asset merely just keeps up with inflation)... so yeah, if we had been investing for a while, then we might start to have several years worth of income in our investment portfolio.. and so then we are likely at more liberty to manage our holdings in different ways, and surely I have not been an advocate of selling any BTC prior to reaching a certain level of investment comfort (which likely is going to vary from individual to individual) and so for me, we are on a similar page in terms of talking about building to get up to a certain level, and selling is not part of the strategy to build.. .



I suppose that I mostly agree with this because once any of us gets to a state that we are able to sell on the way up (rather than just merely buying regularly and buying on the way down), we probably should be selling on the way up just to be able to offset some of our already having had achieved overexposure to the asset (in this case bitcoin), so maybe we start out by investing around 10% of our annual salary into bitcoin, and then maybe we do not have any other investments, so after a few years, we might start to get close to having all our investments ONLY in bitcoin, so in those kinds of cases, there may be some considerations regarding how to diversify some of the value out.. even though it is not necessarily a good idea to diversify out of winners and then end up investing in losers.

In terms of diversification, I am not referring to shitcoins, but instead diversifying out of bitcoin and into other asset classes.. maybe property and index funds.. and so these are difficult choices when trying to build wealth... and it is not so much about trading even though there may well be strategies that contribute to differing ways of portfolio management and investing into other items that might be affected more by if the price of BTC is either up or down.. and another difficulty is trying to be able to identify which asset might be more up or down than others, especially right now when the market value of so many asset classes is perverted by cheap money and outrageously and increasing levels of overall debt in society that systematically ends up affecting everyone and all of the various possible investments that can be made.


That does seem like a healthy way to think about your bitcoin while you are building the size of your holdings, and surely it is possible that it could take less than 10 years to reach 1 year worth of salary, even though historically, there have been some folks who ended up accelerating their wealth appreciation through their ongoing increasing of their BTC stash that ended up paying off when BTC prices went up.. and yeah, we know that there are no guarantees.. but still at minimum, many of us are still going to hope that after 5 or 10 years or more investing into bitcoin that we would be able to look back and see that bitcoin was at least as good of an investment as anything else that we might have had been able to invest into, and it would be icing on the cake if bitcoin were to have had outperformed other asset classes, even though surely there are no guarantees that it is going to have had outperformed all asset classes, and we merely are making an asymmetric bet in that potential for profit direction that may or may not end up playing out.

Of course there are degrees in which some of us might attempt to time the market or to attempt to buy more on the dip or to buy less because we expect a dip to come in the future (that may or may not happen), so in that regard, there can be variance in terms of how much we end up attempting to strategize buying dips, which might not exactly be trading, but it is a kind of behavior that would deviate from a more strict practice of DCA buying that would not be so much concerned about whether a dip is happening or not.

Surely a more strict kind of trading would be to be selling BTC because you have a belief that the price is going to sufficiently drop lower in order that you would be able to buy back more than what you previously had (prior to your selling), and there are various ways in which selling can occur in terms of how much of your BTC portfolio that you might sell, how much of a dip that you would expect to experience before buying back, so there could be some variations of selling on the way up that might not really fit into traditional ideas of trading because at the time that you sell you are not expecting to buy back at lower prices, and maybe you end up selling lower amount or maybe you do end up using some or all of that money to buy BTC back because the BTC price ended up dropping.. but at the time that you sold, you were not selling for the purpose of expecting to be able to buy back at lower prices.

I tend to believe that it is not good to sell BTC with intentions to buy BTC back lower unless you get to a level of profits that causes your behaviors to be profitable no matter what you do, and in those kinds of cases, you have already reached a certain (high) level of BTC accumulation that you have a lot of options - which might not really be the case for anyone in their earlier stages of BTC accumulation and maybe that they have not even saved up a whole year of salary (in BTC) so they are hardly even close to having any kind of meaningful size in their budget in order that they should be feeling that they have a lot of options... and surely, guys (and gals) will vary in their determinations regarding how much BTC they feel that they need to accumulate in order to feel that they have a lot more BTC portfolio management options that might include both buying and selling with goals of BTC accumulation or whatever it might be that they feel their goals to be in terms of if they feel that they are mostly in BTC accumulation stages, or maintenance or liquidation.. and whether those different stages might trigger at 1x annual salary, 10x annual salary 25x annual salary or at some other point (possibly a higher threshold).... It seems to me that if guys (and gals) have not even accumulated 1x or 2x their annual salary, then they are likely not in a good position to be selling any of their BTC until they reach much higher levels of BTC accumulation.. and sure my opinion is likely to vary from the opinion of others on this matter in terms of where the threshold of sufficiently high enough BTC accumulation is enough...

I already mentioned in a previous post that in traditional asset evaluation circles, you likely need somewhere in the ballpark of 20x to 30x your annual salary to get to entry-level fuck you status.. and so getting into entry-level fuck you status might well be a reasonable goal for some people.. that could affect how they view their BTC accumulation or maintenance (management) in order to strive towards giving financial freedom (or at least financial options, if that might be part of what is sought).

Practice can bring a lot of improvements, and sometimes it could take a few years to really start to get used to how aggressive a person might be able to be without becoming overly aggressive in terms of how much to invest in bitcoin, how much to use for expenses and how much to keep in some other kinds of emergency funds that might not be linked to the price of bitcoin, but instead linked to the fiat currency in which expense might be accounted, and for sure, over 2-4 years many emergencies can happen, and it is not good that the person might have put themselves into their own emergency because they were trying to be more aggressive than they should have had been, just like your example of a person with a $500 monthly budget spending $400 on bitcoin when maybe that person should start out with smaller amounts, such as $100 and maybe build up to $400 later, if $400 is even reasonable at all.

There are likely ways to also consider an investment budget in terms of a percent of the cashflow.. maybe start out with 10% and then work towards higher levels, but at the same time,  many of us should be able to count up all of our expenses, but sometimes we also have difficulties being able to identify the variances in our cashflow and our expenses, and if we are able to plot out our budget on Excel spreadsheets or some kind of a easy way to keep track then we can try to both attempt to identify past issues but also attempt to project out future cashflows in such a way that we always have a bit of a budget cushion, too.. so it becomes less likely that we will have various cash crunches, and we might even be able to better see potential cash crunches that might come at future dates that might be based on various payment plans that we might get into and also even various ways that we might generate cash in the future that may or may not contribute towards greater abilities to have a cash cushion and also to potentially be able to invest in bitcoin now or in the future based on our cashflow projections - and hopefully we do not overly anticipate and we error on the side of NOT having as much cashflow and having more expenses.. and ONLY committing to buying bitcoin with our extra cashflow when we know that our cushion is fairly and reasonably projected into the future.

By the way, recently, I had gone out and projected out my cashflow until the end of 2024.. and I made some changes in some of my projected expenses (and to increase and double some of the categories) assumptions.. and so then when I went out and made the increased expenses changes, I saw that there were a few different months down the road that I would have some cashflow shortages based on my updated/amended projections - and I am glad that I when through the process of making those changes, so I can anticipate those shortage periods in advance and be in a better place to prepare for them, including having ideas from where I will draw the extra money in the event that my projections end up playing out and I don't have enough cash on hand to cover the expenses during the various shortage periods that I currently have projected out towards the end of 2024 (and that is ONLY projecting out about 20 months.. with the nearest 3-4 months being more important - and more of a potential crises - if there were to be some cashflow shortage considerations - as compared to the further out months). 

Don't be too fanatical about bitcoin so you don't need fiat, in fact, that is the wrong way, however, fiat is an important thing in life for everything we need, while bitcoin is only for the long term that can be obtained.

Reserve money is very important so that when there is an urgency that is needed it can be used in the right way and I always allocate where the emergency fund must be required while investing in bitcoin only a few percent must be set aside as long as we can routinely do that too much better for their investment in BTC.

You are right, maybe that has happened a lot when they already have assets in bitcoin while fiat money has never been reserved for other emergency needs, the safe way is the method above by balancing what our needs are.

20% bitcoin investment
30% emergency fund
50% as our daily needs/months

I think that's more than enough.

Unexpected expenditure or surprise is indeed very disturbing in the process of implementing the discipline of financial flow, which makes financial principles unstable, because usually emergency expenditure or surprise expenditure must be made priority, we must immediately complete it first. Emergency funds prepared must be sufficient in handling this but sometimes indeed beyond predictions, funds 30% of our salaries collected within a few months, with a surprise expenditure we need funds even more than what we have collected, in that position Indeed, temporarily making the decision to pause/reduce investment in Bitcoin is the right decision and we can continue the DCA back after everything is normal.
Maybe in the stage of refilling the emergency fund, after being drained more due to surprise spending, I think it depends on how the calculation takes into account the condition of his situation, whether he needs to recharge or continue as usual by saving 30% of his total income, and I think there's nothing wrong with that too Replenish your emergency fund before continuing with your investment.

Well said my friend, I think its probably better to hold than to risk your little coins on trading that is something more like gambling and everyone is well aware of the risks than its involved in gamble so being a patient buyer would probably be the trick to actually achieved some benefit in your long term investment. And like you said, I am still confused on how folks who hold small btc would complain when the price start dipping, it should actually be like some kind of blessing because that's exactly the way I see it, because the lower the market price the better chances you have to accumulate as much btc as you can for your investment because the number of bitcoin will get for 50$ when the price is 20k $  is not same when the price pumps to 30k$.