There are many coins in the market, but Bitcoin is always a reliable currency for investment. People claim that if they invest in coins other than Bitcoin, they will have more chances of making profit, but I have never been able to reconcile this with what they consider. If we talk about holding investments for a long time, then we have to forget about temporary profits. Those who trade give more priority to temporary profits or losses because their aim is to make a small profit. If we invest for a long time (our aim may be for two years, three years, four years or more), then we cannot give priority to some temporary profits or some temporary losses, but we have to focus more on continuing our investment consistently. If we can do this, we will be successful in investing.

I don't think buying bitcoin at dip price regarding not stable yet global economic and every days easily the most influence person make good and bad news about bitcoin, all people have their own way when investing in bitcoin as DCA or waiting when bitcoin price really at dip. just happening for trader or investor have huge patience waiting the moment of bitcoin decreasing most lower price such as happening last month when bitcoin dump from $125k drop to $102k.
Accumulate many bitcoin during dip price I don't think bad ideas but we can't always get good moment to buy dip price each weekly or monthly, maybe waiting more longer time if want get investing in bitcoin with support price. For me good ideas accumulate bitcoin trough DCA and have target how much allocated to invest in bitcoin for monthly or weekly.

One thing to note and that is a believe already is that so far BTC has come to be the highest value of the digital world. Trying to contemplate its value in the near future is impossible as a volatile asset as it is. But then steady accumulation is a priceless decision to make. Thinking of offline assets like gold, imagine how long it had been of value? BTC has come for such grounds in the digital space.

If it is $10 or $20 you want to invest in Bitcoin with, there is no issue with that because you can invest in Bitcoin with the discretionary income available to you or what you can afford to lose. There is no mistake in your words, and you are correct with how to invest in Bitcoin. We have a lot of topics about Bitcoin in the forum; if you are waiting to understand all the topics about Bitcoin before you will start explaining the right thing to people, it will take you years to achieve. As you are in your learning process, you can explain the one you have learnt to the people who need guidance about Bitcoin investment, and if you are wrong, people who are more knowledgeable than you in Bitcoin investment will correct you and guide through the right way to invest in Bitcoin.

You don't need to understand every aspects of Bitcoin technicality before you can start your investment, what you need is basic knowledge like how to protect your wallet security against theft and lose, also to know where to buy from. One of the reasons why Bitcoin is the best investment for everybody whether rich or poor is that they can buy with small amounts, you don't need to be rich before you can buy Bitcoin. Another factor to consider is whether you have a discretionary fund, if you don't it is better to build your income before starting because Bitcoin investment is more profitable if you hodl for the long term.

DCA and short term or buying DIP are never the same thing. There are many differences in the objectives of those who follow the DCA method of investing and those who intend to buy DIP. DCA is basically a matter of discipline. Investors invest based on their position, income, and living expenses, while not focusing on whether the price of Bitcoin is low or high. Their objective is to invest for a long time.

On the other hand, in buying DIP and short term trading, investors always think about buying at a low price and selling at a high price. But no one can accurately predict what will happen in the Bitcoin market. That is why these types of investors often suffer losses. They wait for the perfect timing to buy and sell. But it turns out that they keep waiting, but the price does not decrease or when they want to sell, the price does not increase as expected. So most of the time they miss the opportunity. On the other hand, those who follow DCA always buy Bitcoin at the average price and have the possibility of making a lot of profit after a long time.

Emotion control is the most important thing in investing in Bitcoin and it depends on who is investing in what way. DCA method separates emotions from the fluctuations of the Bitcoin market. Those who follow DCA for a long time and invest are likely to be in a much better position than short term traders. So these two things are never the same concept planning or goal.

Basically, if you are a trader, you need to worry about price fluctuations because you are trying to achieve short-term success by buying and selling, in that case you need to buy when it goes down and sell when it goes up. But when you are a long-term investor or holder, in that case you must not worry about prices, you need to buy consistently and build a portfolio, as this will bring you profits in the long term, so you can avoid worrying unnecessarily about short-term fluctuations.

Prior to 2020, I used to suggest that people get off of zero and at least they invest $10 per week into bitcoin, and since 2020, I have been suggesting pretty much the same thing, yet suggesting that they try to do $100 per week if they can.  I understand that some people are not able to invest $100 per week into bitcoin, so they should do what they can.

Prior to 2020, I used to suggest that getting to the equivalent of $1 million in net worth so that a passive income of $3,333 per month (which would be $40k per year) would be within reason would be a good goal in order to reach entry-level fuck you status, yet since 2020, I have started to suggest that entry level fuck you status needed to start with a passive income at $2 million, which means that the numbers would double to an income of $6,666 per month (which would be $80k per year).

Building up bitcoin so that it will support those passive income levels tends to take a long time, and there can be ways to chip away at building up a bitcoin portfolio holdings to help to get to those numbers, but yeah if a person is only able to generate $10 per week to invest into bitcoin, it is going to take him 10x longer to build the same sized target level of accumulation as the guy investing $100 per week, and surely if you cannot build fast enough the target keeps moving (based on the ongoing debasement of the dollar and all other fiat currencies) and becomes harder and harder to attain the target.

Of course, if we start out with a certain investment level in bitcoin, we do not necessarily need to lock ourselves into that amount, yet we try to be as practical as we are able be based on our own finances and psychology - and surely if we are young, we might be able to figure out ways to increase our income through trainings and promotions otherwise sometimes there can also be ways to cut our expenses so that we have more discretionary income that we are able to put into bitcoin, since if we have identified bitcoin as a great place to build our wealth, then we might consider that there are circumstances that it is better to defer some of our consumption so that we can put the money saved into bitcoin.  In other circumstances, it might not be prudent to cut some expenses, since there are some expenses that ultimately end up helping us to increase our present or our future income.

You right Mr Jay  because not every expenses is actually a waste of resources. There are some expenses that will overtime help to boost our income which can in turn increase the level of our discretionary Income.  For instance spending on a new skill, or an online course or even buying new and better working equipments and tools, this things though at first may look like wastage of money especially in the situation where a person has a low Discretionary income which they should be increased. But overtime thesee expenses mostly pays off, because it may be what will help earn you a better job or a very high profitable side hustle which can make you u make more money.