There is nothing wrong with combining all three strategies in situations where such combining of all three strategies seems to make sense to the person who is doing it and based on his then particular circumstances, and at the same time, even if the guy decides to employ some amount to each of the three strategies, it is not guaranteed that he even chose correctly or that he was smart for doing it, even though he may have had concluded that the circumstances justified the use of all three strategies.
I think that one of my main objections coming from guys proclaiming that it is better to employ all three strategies, they seem to be suggesting (or even outrightly stating) that the guy who employs all three strategies is going to automatically be better off than the guy who does not... which surely is not a true statement... even though I frequently proclaim that there are going to be situations in which guys should at least consider each of the three strategies, even if in the end, after consideration of each of the three strategies, they may well conclude that it is not in their interest to employ all three (whether they are correct or not in such conclusion is also another question since no matter what there is going to be evidence to show that strategies other than the chosen strategies would have had been better, yet it can sometimes be a waste of time to change strategies merely because evidence shows that there are circumstances that other strategies might perform better).
It is likely that the longer that we invest in bitcoin, the more comfortable we will become with whichever strategies (or strategy) that we choose to employ, yet there still might be circumstances in which adjusting the strategy might be appropriate, which is why so frequently I create hypotheticals to show a guy who has been investing in one kind of way such as DCA for 2-4 years or something like that, and then all of a sudden he receives a large lump sum of money (maybe the large sum of money is equal to the whole time of his having had already been investing?), and in those kinds of circumstances, there likely would be needs to consider some strategies that are other than DCA in regards to the extra amount that is suddenly available to the guy.
And, sure even during a 4 year period of time, there could be a variety of circumstances that come about that contribute to a need to at least consider more than just DCA as an investment into bitcoin strategy... and of course, the devil is in the details which is part of the reason that a guy has to account for his own circumstances, which also might include figuring out the strength of his cashflow management systems, practices, various back up funds that he might have already established and even the quantity of bitcoin that he has already built up. Surely there are some guys who come to bitcoin and they already have various strong cashflow management systems and practices, and other guys who might spend 3-4 years or more working on improving their cashflow management systems, yet still having troubles strengthening their cashflow management systems and practicing good cashflow management on a regular basis in order to put themselves into a stronger financial and/or psychological position as compared with their earlier self (prior to their starting to invest into bitcoin).
Youre absolutely right, and I share your opinion, when I recently started investing in bitcoin, my first buy was through the lump sum, when a friend introduced me into bitcoin, I was actually telling him I needed to have some investment so he told me little things about bitcoin, and since I had some money saved somewhere in some shitty bank account, I decided to buy bitcoin with all the money, through the lump sum, which I must say it was a good decision for me, but eventually there was a dip in Bitcoin price not too long after I made that big purchase, so I panicked for a little when I saw the price going down, so my friend who literally introduced me to bitcoin told me I could actually buy more and accumulate more since there is a dip, and that its always going to recover, so I also took that opportunity of buying more that period, which I must also say that it was a good decision, because it wasnt very long the price recovered, and again he told me I could now continue buying through the DCA consistently on a weekly basis, and I bought the idea.
Why are my saying this, because I tried applying the three techniques at that time and it wasnt a bad idea, because I got to understand that I can actually have a good strategy that possibly make me accumulate through the 3 techniques which I think nothing is wrong with that if we can still stay consistent in buying bitcoin, because the goal is actually to keep buying and accumulating bitcoin for long term periods, I will not suggest that someone who is buying bitcoin through the 3 techniques would end up accumulating more bitcoin than the individual accumulation with one techniques, Its obvious that not everyone that can afford to buy bitcoin through the lump sum, but for people who have decided to buy bitcoin through the DCA for 4-10 years that is quite a good plan, because at some point I have been buying little by little through the DCA technique while I have been working tirelessly to increase my cashflow and try to up my game of buying and accumulating bitcoin, I got comfortable with DCA at some points and that is because I have been buying through that strategy and trying to slowly adjusting other strategies is also employed.
Just because bitcoin went up in price during the time that you were in bitcoin does not mean that it will continue to go up so any person getting into bitcoin could experience a variety of BTC price directions.
Also, we should not just be buying bitcoin because our friend says to do it.. and surely we likely have to try to figure out why we are buying bitcoin, so in essence we likely need to be careful in regards to making sure that we are comfortable with the amount we are investing and we are comfortable with our cashflow management, and surely we are each responsible 100% for whatever our decisions and our actions might be, since the BTC price can go up, down or sideways and there is no guarantee that what we put into bitcoin will be profitable or that bitcoin will recover from any dip that ends up happening.
Surely the more we look into bitcoin, the more conviction we can get and the more practice we can get in regards to building both our bitcoin investment and strengthening our cashflow management and perhaps how well our bitcoin investment does might be one of the factors that might inspire us to learn more about bitcoin and learn more about ways we can improve our cashflow management skills and perhaps also figuring out ways to increase our discretionary income so that we have more money available to invest into bitcoin.
It could take us years and years to become comfortable with
our 9 individual factors.One thing that people don't understand is that the sweetest thing about bitcoin investment is the fact that Bitcoin is volatile in nature, some set of people see it as a problem to Bitcoin and it's investors but it is not actually a problem without volatility investing in Bitcoin would have been a waste of time and Bitcoin won't even make this wave is making in the world now, just imagine you bought a Bitcoin and during that time it's price was $90k and it remain like that for some months and year's will you see anything good in it again the answer is no, so the volatile nature of Bitcoin is what is making it grow and come down.
So you can either take the volatility of Bitcoin as a big advantage or you keep complaining, now taking it as an advantage is when there is a dip you accumulate more with less price, Bitcoin will always keep growing so take advantage of every Bitcoin dip, for me I have a reserve funds I use to accumulate Bitcoin aggressively when there's a dip.
You're right the volatile nature of bitcoin is what makes the game to look more interesting, take for instance your entry point is $109k and luckily you still meet the market dipping to $108k in your next purchase. when the price get to $120k your profit will double like 1%, of course with this method you will always remain in profit until you reach the status of overaccumulation that is why DCA strategy is highly recommended Because with the DcA you will be buying in different price. And the more you're proceeding in your accumulation journey that's the More the profit will keep compounding, honestly I have never seen any investment game that is as sweet as bitcoin investment more especially when you're doing the DCA.
Just because you buy bitcoin in a DCA style, you are not guaranteed to be in profits, even after investing 4-10 years or longer - even though buying bitcoin on a regular basis will give you the average price for that period that you are buying as long as your payments are the same, yet many of us likely realize that our income likely continues to go up over time, and perhaps bitcoin prices will go up faster than our income is going up, so there are some things that we can try to control which is how aggressive we choose to be in our bitcoin accumulation and other things we cannot be sure about - even though many of us invest into bitcoin because we believe that with the passage of time it tends to go up in price faster and higher than other places that we could place our value... and truly bitcoin investors continue to be a minority since it is likely that only around 1% of the whole world's population own any kind of meaningful amount of BTC.
There are three buying techniques to accumulate bitcoin. DCA, Lump sum and buying on dips. These three buying techniques can be applied separately or in combination.
Pardon me for missing the third one i.e. buying the dip.
Of course, some folks believe that trading is an accumulation technique, which is to argue that they believe that they can sell and then buy back cheaper. I don't agree with trading and/or selling to be a reasonable and/or adequate bitcoin accumulating technique, even though some folks will argue about it..
Those who are satisfied with few bucks profit may sell their Bitcoins with intention of buying them back later. That strategy won't make help you in getting a good targeted profit, if you have any. The best strategy is to hold your Bitcoins for at least 4 years or more for good return.
Part of my problem with the idea practice of selling with the purpose of buying back cheaper is not that it won't happen, but instead that uncertainty is purposefully being injected into a process that would otherwise be focused on buying only, so if you are ONLY buying, then at least you know that your are ongoingly building your bitcoin stash to larger amounts, yet sure it is also possible that the BTC price is dropping faster than you are able to buy more of it, so there is no guarantee that your ongoing buying of bitcoin will be profitable either, even though part of the reason that many of us buy bitcoin and hold bitcoin for years and years and years is because there are thoughts that the odds are pretty decent that with the passage of time, bitcoin's price will continue to go up, and it is even likely to go up more and even faster than any other place that the money could be put (even if there may well be periods in which the BTC price goes down in price for extented periods of time).
So anyhow, I just consider selling BTC in order to expect to be able to buy back cheaper is injecting unnecessary risk and also screwing up some otherwise straighter forward goals that involve buying only which if you are buying only and not fucking around changing what you are doing, then you can stay focused on being persistent with such buying.. which likely would end up paying off more in the long run rather than losing such focus.
Of course, each guy can choose to do what he likes and he can also argue to try to persuade others to do the same dumb shit that he does (such as selling with an expectation of buying back cheaper), and I am surely not an advocate of that kind of a tactic especially for guys who seriously are trying to bulld up their bitcoin holdings and understand the long term proposition of potential benefits that come from staying focused on building up their bitcoin holding - especially when it could well take quite a long time to build up such bitcoin holdings through buying only, and then if a guy is selling and fucking around with trading, he may either take longer to build up his BTC stash size and he is also taking the risk that he might completely hamper his progress and/or his ability to reach an overaccumulation status which I think should be the goal to get to a point that you have enough or more than enough bitcoin, since once anyone reaches overaccumulation status, then his options are likely to increase quite a bit.. since he will no longer need to accumulate more bitcoin or at least he will have the option about whether he will accumulate more or not..
Are you being stubborn in regards to a matter that seems so obvious? Even if you attempt to apply it to one context (like a person has a lump sum that they have decided to invest into bitcoin) and they are trying to decide how to invest that lump sum, then you are going to seriously say that they ONLY have two options? Either buy right away with all of it or DCA with it? That sounds like a rare situation, and it likely is not even a good scenario, since in bitcoin, it is likely better to be ongoingly investing (as other members have also stated in response to your post) rather than to just invest once and sit on that investment. Sure, people do choose to just invest once and sit on such investment, and I would characterize that as whimpy - even though sure, people make those kinds of choices and think about investments in that kind of way.. and you seem to reinforce that superficial way of thinking about investing into bitcoin.
You are quite right in saying this.
Investing in bitcoin must be continued until we have accumulated our desired number of Bitcoins. The best way to accumulate Bitcoin is to mix these three strategies. But in the end what matters the most is how long you are willing to hold your Bitcoins. Don't just sell them for few bucks profit.
Surely another thing is that guys might have difficulties figuring out what their goals are or how to measure the extent to which they might be at overaccumulation status or not or what constitutes overaccumulation status... So there likely is some obligation and personal responsibility to figured out how to measure overaccumulation status and how goals might change as a person reaches overaccumulation status or even as a guy approaches (or starts to get close to approaching) overaccumulation status.
We continue to get great opportunities to buy the dip, I keep going back for more. If you got spare powder btfd!!!
I honestly dont think we are done yet for another ATH, not that matters much to most of us. We dca, we buy the dip and we hodl.
Yes, another all time high will come for this bull cycle but I think it will be the last ATH before this bull season ends and we enter into the bear season. But that doesn't mean that we sell and move out, infact, we should always have certain portion of bitcoin with us, no matter whether it is bull season or bear market.
Yes, we can cash out some amount when we think it's the final leg for the bull season but only to buy back later when prices are down. I would be following this strategy but I will keep the money save so I can buy Bitcoin cheaply in Q3/Q4 2026, that maybe the bottom of the bear market.
You might believe that you have the cycle figured out and the tops and bottoms, yet it is not a good way to go about building a bitcoin portfolio... - especially if your plan is to sell and to buy back cheaper, when 1) if you don't have enough bitcoin then you should not be fucking around with selling as a means to accumulate bitcoin, 2) selling gets you into the a wrong mindset when you are supposed to be buying and it is especially worse for newbies.. maybe you think you got it figured out because you have been in bitcoin since 2015 (going by your forum registration date), yet you still might not have had accumulated enough bitcoin, even after 10 years since you are both fucking around selling instead of buying and telling other members to do similar things and2) the price might not go sufficiently below your selling point in order to figure out when to buy back.. you are gong to wait until Q3 or Q 4 2026? good luck with that. Not necessarily a good approach for a newbie, yet sure your position might be different than a newbie.. at least it should be since you been in bitcoin for 10 years already.
You surely might be distracting a lot of guys into a bad strategy with your acting like you have future BTC prices all figured out.
Your statement here looks more like a trading plan because all what youre just talking about is profit making. You dont come to bitcoin investment with such profit making mindset so that you dont get disappointed on the long run. Bitcoin is a highly volatile asset, and at such anything can happen even on the long run. As a long term bitcoin investor whose initial strategy is to consistently accumulate bitcoin and hold, you must not only buy if the price is low, you must be able to accumulate bitcoin at any price especially as your preferred buying pattern is with the DCA method. With the DCA method, you can buy bitcoin at any market price with just a discretionary income.
In the end what is the benefit of investing? Definitely to make profits. At some point we have to take profits to give meaning to our investment. The goal of every investment is to generate profit and grow your money, and increase the value of what you put in over time. Do you come to Bitcoin investment with negative intention? I believe everyone is into Bitcoin investment for the profit so why pretend about it.
Aiming for profit doesn't mean you are not aware of the volatility, in fact the volatility is what makes Bitcoin beneficial to us.
I doubt that it is helpful for newbies to bitcoin (especially in their first whole cycle of buying bitcoin to get too focused on profits, especially since it can take 4-10 years or longer to build a decent position and if a person is planning to invest into bitcoin rather than trade it, the level of profits of his holdings should not have great bearing on the likely need for him to ongoingly and persistently accumulate bitcoin.
Now, since according to your forum registration date you have potentially been in bitcoin since early 2023, it is possible that might have been able to accumulate enough bitcoin in that less than 3 year period.. yet I have my doubts that you have the bitcoin accumulation figured out, especially if you are proclaiming that everyone needs to be focused on profits.. and you are chiding members who are downplaying the need to focus on profits.
Are you planning to sell within the cycle and buy back cheaper or how do you plan to treat the rest of this year and 2026? and how about your prior time in bitcoin have you been regularly buying or what? Have you sold any since bitcoin since February 2023? I suspect that you are a trader rather than an investor, even though you might not even know the difference and you might even refer to yourself as an investor, even though you may well have had been buying and selling bitcoin in the past nearly 3 years since you have been registered on this forum.
Do I need to look at your posting history? A quick glance I see quite a bit of gambling and shitcoin section participation in your post history.. so you might not have any clue about what actual investing is. It is possible that whatever you have been doing has been able to beat a strict buy and hold strategy.. yet I have my doubts, and I especially have my doubts that fucking around with buying and selling and or overly focusing on profits is going to help guys to beat a strict bitcoin investment portfolio, especially over a couple of cycles or longer.
We continue to get great opportunities to buy the dip, I keep going back for more. If you got spare powder btfd!!!
I honestly dont think we are done yet for another ATH, not that matters much to most of us. We dca, we buy the dip and we hodl.
The opportunity to buy BTC when it is falling is always there, and today is indeed the right time to buy BTC because the price is falling. Of course, if you buy now and store it for the long term, that would be a wise move. Currently, the price of BTC has fallen dramatically to its lowest price of approximately $106k. Of course, for those who have idle money, this is the right time to buy.
Today, I also bought BTC using the lump sum technique because I believe that using the lump sum technique when BTC is falling is a good thing. Buying BTC means we will never lose money because BTC will continue to make new all-time highs as long as we are patient and hold BTC for the long term. However, for those trading in BTC, they may currently be hesitant to buy. But for those investing in BTC for the long term, they will remain calm even if the price drops again.
You don't seem to understand the difference between lump sum buying and buying the dip.
You are describing a buying the dip situation, even if you used a lot of money.
Lump sum, in itself, is not the same as buying the dip.. so the two techniques for buying bitcoin are different from each other.
Let's say for example you received some extra money unexpectedly (Let's say that you received $2k - it was a bonus at work or something that you did not expect to receive), and maybe you had been buying $100 per week of bitcoin for the past 3 years.. so you have invested nearly $15k into bitcoin over the past 3 years.
The $2k extra that you received is equal to 20 weeks of your historical DCA amount... Now if you were to choose to invest all of that $2k right away without waiting for the price to drop, then that is lump sum buying, and yeah, if it happened to be a dip, then maybe you would be buying the dip, too.. but instead, in the scenario that I outlined, your motivation is receiving the extra $2k and not the price at the time that you received it.
Sure guys can do both, but if you are describing a situation in which you were motivated to buy based on the BTC price dropping, to me, that sounds like buying the dip rather than lump sum buying since you were motivated by the dip, even if you might have had been saving up money in order to have available a larger amount for such a dip buying situation (which may or may not even be a good practice in terms of what you are doing and/or how seriously you are treating your bitcoin buying to be waiting for dips that may or may not end up happening, and you still ONLY have around 3 years in bitcoin (going by your forum registration date), yet sure., I understand that it is possible that you might have had been able to front load your investment.. even though it tends to be unusual for beginners to want to do such a front loading thing... but sure, anything is possible.
