That is true, there are 3 different ways of buying and accumulating bitcoin, which we have the lump sum and DCA and buying the dip, but I must say that each and everyone of them are quite unique and effective in buying bitcoin and it all depends and comes to how we approach them, as a guy who wants to start buying bitcoin weve to look into our discretionary income what we have available to buy bitcoin, then we can decide to buy through the DCA, which I think its a good way of buying bitcoin if we have little discretionary and we can buy small small, but if we have enough discretionary or money saved somewhere and we feel comfortable buying through lump sum which is also good to stay ahead and front load our bitcoin portfolio, buying the dip is also efficient in a different way that we can save money aside specifically for buying a dip, which I think its also possible we can buy and continue accumulating consistently.
Which is why we can actually combine them and also buy them separately, because everyone of the techniques are different, I have been buying through the DCA on a regular basis, but recently I have also been trying to get other cashflow so I can
Be able to increase my discretionary income so I can buy through the lump sum and also save some money aside to up my game by starting to buy the dip as well when the opportunity presents itself, while Im still buying through the DCA, and that would mean I could successfully combine the three techniques and still buy separately.
Your comment is very vague. We need discretionary income to invest. Discretionary income is to be generated through our proper financial management. If we can generate discretionary income from our income by proper financial management, then we can continue to buy by adopting the DCA method.
However, if a person has many sources of income, then he can find discretionary income from that source of income and continue to buy by adopting the DCA method, there is no problem in that. But if a person wants to buy only DIP with his other sources of income, then this will never be the right decision because. No one can tell when the market will fall. And if there is a fall and if it does not fall according to your expectations, then you may not buy. From this, if you continue to buy continuously by adopting the DCA method, then it will be good for you.