For those still early in their accumulation journey, I can agree with you since they don't have much stash of BTC, they should consistently purchase without waiting until they have built out a substantial stash for themselves and gone much ahead in their accumulation journey because the waiting strategy is a time wasting and ineffective strategy.
For those who already has lots of BTC and have not reached their target, they can stack up funds and buy the dip if they wish since they've already bought for a considerable while and are sure of what they're doing. As long as such a person does not sell or take profits before he arrives at overaccumulation status, he is fine only buying the dip until he gets there.

Why are you getting your self confused you already said that the DCA strategy is good to every level of investor which includes both regular income earners and non or low income earners and also said that the DCA strategy is ONLY applicable to those regular income earners, what is required to invest in Bitcoin is your discretionary income and the DCA strategy is applicable to BOTH high income earners and low income earners provided you have your discretionary income you can accumulate Bitcoin using the DCA strategy.

The direction of your words is right. But just doing DCA with discretionary income does not fix everything. The investment process is still incomplete. In case of strong investment, it is necessary to have a strong cashflow, besides this, a back up fund is much more helpful in long time investment. If someone wants to be stable in investment for a long time, then he has to be financially strong to deal with the problems that may arise in life over time. Otherwise, he is forced to sell his bitcoin holding at the wrong time. So that such unwanted braking holding events do not happen in the future, it is necessary to keep a back up fund. Which is better if you can keep it according to the amount of expenses for 3 to 6 months.

Whether substantial or whatever I will suggest that investors should Stick to the ongoing buying of bitcoin and stop figuring out when dip will hapen so they can get started, to me I don't see anything as substantial unless an investor have achieved his investment target if not that I can't suggest that investors should wait to buy the dip I can only give this suggestion that's if an investor have achieved their investment goal because at that time some investors may not have sufficient discretionary to continue investing, so in that case,  some investors might decide to start going with this method of buying the dip because they believe that before dip will happen they must have build their discretionary income.

DCA does not have to happen at exact intervals or exact amounts in order to still fit into the definition of DCA.

The DCA could be done every time that the person has money available, and he can decide at the time that the money comes how much BTC he is going to buy - perhaps obased on how much discretionary funds he considers to be sufficiently available and he wants to put into bitcoin.

You are correct that lump sum does not have to be any specific amount in order to be considered to be lump sum... perhaps it is a larger amount than the usual buy amounts or maybe it is due to money coming available through unusual means or larger amounts than usual?

Buying the dips may or may not end up happening depending on how low the person expects the BTC price to go before the dip buying would take place.  Buying on dips could supplement DCA and/or lump sum strategies.


There is no need to have a source income in order to invest.. All that is needed is discretarionary funds, whether they come from a source income or not.

Of course, the longer the period of time that a person plans to invest in bitcoin, then they presumptively have ongoing expenses and perhaps desires to add to their bitcoin investment on a weekly basis, so discretionary funds could run out if more income does not come available... yet still to get started investing in bitcoin a source income does not need to be in place in order to get started investing in bitcoin.


Ok.  this is correct..

You say one thing, and then you say another thing.  Maybe you just are speaking iwth


O.k. this is a good example.. .so it seems that y in the end you understand the ideas in which sometimes unstable income could still be o.k. if a person figures out ways to invest with what they have and to probably organize their finances in a decent way and prioritize investing, even if their source income is not stable and/or regular..

yes your right, what can make person not to invest isn't income , it is if person doesn't own cash that can be afforded to be loose. Person might not have source of a income at the moment but still can have some cash that has been saved for long time. That saved cash is not from a source of a income but person can also use it to start investing.

Like you say, things can get different such as the discretionary fund finishing, and it happens it will be dumb if person now stop investing because of that. So at this point, source of income can now be used to bring in money flow so that investment can be ongoingly maintained. But the source of a income is not what person can use to start.

investing in bitcoin doesn't stop you from attending to your basic needs since you only need discretionary income to invest. Your Bitcoin investment is far more valuable than any mobile phone so selling it just to acquire a mobile is wrong. Instead of selling your bitcoin stash you should have seek another alternatives such as using your reserve fund to acquire it. Tampering with your bitcoin investment should have been your last alternative instead of your first if other alternatives failed. For me, acquiring a phone worth $215 is expensive It is better to purchase a cheaper phone and use the remaining balance to invest in bitcoin.

Yeah, the problem with some investors is that, they treat the DCA strategy like some kind of a strict mathematical formula where you need to maintain the same time and same amount without deviations, when DCA is in reality more of a guiding principle than a rigid rule book. The main idea of the DCA strategy is to encourage consistency of participation, and not to perfect a particular timing or amounts. The best part is that, even if an investor is still deploying capital whenever it’s available but is still able to maintain the discipline about not overextending, that there still kinda captures the idea of DCA.

At the same time, there’s still a very subtle balance that one should still try to watch out for. The moment some investors begin to start to invest based on amounts they feel like investing at that moment, it can become easier to for the investor to drift from a structured accumulation, so this is something investors need to balance. Although, this may not really be necessarily a bad thing, but the truth is that it kinda gives more room for biases, particularly in a volatile market like Bitcoin, where sentiments and emotions can swing really quickly. So in my opinion, if there must be flexibility in a DCA strategy, then there’s got to at least be a baseline commitment underneath it, this serves as a kind of a cushion for the strategy, so even if the top fluctuates, that baseline commitment still puts you in adequate check so you don’t cross the safety line.

I also think your point about the lump sum is also very important too because some investors tend to over complicate that too. The lump some isn’t just about the size, because when people mention the lump sum strategy, the first thing that comes into the minds of some investors is a very humongous capital, which isn’t accurately defined. The lump sum is more about the intent. It’s simply just deploying all your capitals in one go, instead of having to narrow down the interval and making it regular, usually due to some changes in circumstances. The most important thing isn’t about how big the capital is but whether the decision to deploy that capital in a go actually fits into the bigger picture, and not about meeting some humongous threshold.

And then we have buying the dips, which looks so simple, as simple as just waiting for price to drop, you go in, buy some cornz and watch your money grow with the next price surge, but in reality, this is usually where a lot of investors trip and fall badly. When you look at this approach theoretically, you’ll notice that this approach complements both the DCA and the lump sum approach nicely. In practice, this approach requires you to first define what a DIP really is, even before that time eventually comes, else you might just end up waiting fruitlessly for an unrealistic price drop that you just might not ever end up seeing or you’ll end up burning through your capital just too early because every single slight drop might feel like that opportunity.

This means you have been following this thread without understanding what JJG and some other persons have been saying here, why would you sell your Bitcoin investment to get a phone? Is that what a real investor is supposed to do? This shows that the money you have been using to accumulate Bitcoin is not what you can afford to lose ( not your discrestionary income) because if it was your discrestionary you wouldn't dare to sell your Bitcoin investment. So what happened to your emergency funds? Or you don't have? Selling some part of your Bitcoin when you have not gotten to overaccumulation stage is not advisable because you will be tempted to do it next time and it will become trading.

Best to think about as Bitcoin as long term store value, then not something to accumulate without taking any precautions. If they can decide not to sell their Bitcoin and use only their discretionary income to buy their phone for important matters then its fine, but if they don't have any choice and only have their Bitcoins. Maybe he don't have a choice but to sell it, but make sure that he didn't sold all he have because his past action is so pointless.

But they better learn from this experience then correct this situation, so that by next time they need something they can somehow assure that their Bitcoin holding is fine and they are using their reserve funds or even their emergency funds if they manage to have that.