Those who want to trade Bitcoin without investing look at the day, time and place to invest in Bitcoin. We all know that there is no specific time to invest in Bitcoin. You can invest whenever you feel like it.

There are many methods to invest in Bitcoin. But the easiest method among them is the DCA method. In my opinion, if you want to invest in other methods, you need to have the right knowledge. However, if you invest in the DCA method, you don't have to worry. The DCA method was created to bring the volatile Bitcoin market within the reach of investors.

Currently, the price of Bitcoin is 83k. But, looking at its upward momentum, I think we will see a new ATH in the near future.

Price on the range of $70k and above still shows that we are still under the bull market on my side, but that’s does not mean that it’s not a good time to buy, unless you are targeting a fast profit when price get back to above $90k you plan to cash out which you might still never get a good entry point if you are seeing now as not being the right time to buy, their is no crime in trying to buy lower than current price but that should not be an idea to sell out to others as it might discourage them from ever buying thinking the best buying price is yet to come.

You might really think about that or get some doubts about buying especially that you pay much attention on the price volatility also if you have short term perspective especially about the future of Bitcoin.

But if you have this long term thoughts and don't care about other disturbance just like what you have mentioned then buying at current price would really don't bring any problem at your side since you might just think about adding up some volume on your portfolio and don't have any stressful thoughts regarding on what's going around on the market. If we talk about Bitcoin I don't really care much about bullish and bearish run since my main goal is to accumulate more Bitcoin then hold it for long term.

This is true.   Beginners need to start investing and don't get caught up with the price since we cannot know where the BTC price is going.. and so if they spend at least a whole cycle accumulating bitcoin, then they can reassess after a whole cycle where they are and if they might want to adjust their strategy at that time... otherwise, it is understandable that it could take more than a whole cycle for anyone to accumulate enough bitcoin or more than enough bitcoin in order to actually justify adjusting his strategy to some other ways of either no longer accumulating or perhaps getting into maintenance.  I would think that sustainable withdrawal would not necessarily kick in until close to 2 cycles or more..... but there could be exceptions to that depending on personal circumstances (including the 9 individual factors).


I am not sure about your calling trading unethical, since it may be poor judgement and devolve into gambling, yet I doubt that it can be considered unethical on the face of it.

The same is true with your framing of BIG versus small.  I doubt that your small versus big thinking categories are helping to characterize the difference between traders and investors.    Traders believe that they can outperform bitcoin, but yeah, they may well be failing/refusing to appreciate various fundamental aspects about bitcoin that cause it to have great long term compounding value possibilities, yet even you have previously acknowledged that bitcoins future performance is not guaranteed to be profitable in the future, even if many of us consider bitcoin to be amongst the best, if not the best of investments currently available, which makes it such a great investment and not so great to be trying to trade it.


I agree that trading unnecessarily puts bitcoin at risk, including the risk of not being in BTC when the price is going up, and then missing out on opportunities to have had been in bitcoin.  It has frequently happened in bitcoin that guys end up selling too much BTC too soon with an expectation to buy back lower in the future, and then the bitcoin price does not end up going down in the future, and they end up not being in bitcoin during times that they should have had been in.

We know that Bitcoin price is a golden opportunity to invest when it is in a volatile market. Currently, except for some new investors, everyone knows how to invest in Bitcoin at certain dips. If there is a completely new beginner in the Bitcoin market, he will be scared of this volatility and sell his investment. Also, if an investor has sold his investment, it means that he did not plan long-term. He was just waiting for the bull run. So we cannot tell anyone that you have not acquired proper knowledge about Bitcoin.

@GIF-JOBS, My question is what kind of knowledge do you think an investor needs to have about Bitcoin.

The Bitcoin market is volatile in nature, its price always goes up and down. It is a decentralized financial system. Investors never lose when investing in the long term. Is the information provided for an investor not enough?

But I think you do not like people who sell their investment too quickly. You want to succeed together with everyone. This is a very good aspect of your great thinking. I respect your great thinking.

Unless you are hurry to take profits, you should be confident with Bitcoin future. This bullrun doesn't happen for the first time, we already have few bullrun seasons in the past. And we already saw too many times of corrections and dumps in Bitcoin price. Those will never last forever, there should be time for the next pumps. If Bitcoin dropped from $109k to the current price, it is just something natural happening in Bitcoin. There should be always correction after pump, we don't need to feel so afraid. Considering this bullrun season probably still continues until the end of this year, the current price may be quite cheap price although I am not really sure to say this is the dip price. However, it is better to be wise in managing our capital. Even you want to buy Bitcoin, don't spend all the capital.

Personally I doubt that it is a good mindset for newbies to be overly thinking about the extent to which bitcoin prices are in a dip or not.  Sure we can see recent BTC price performance, yet newbies likely need to just get started and to figure out some steady, consistent and persistent buying of BTC.  Also, once they are getting used to buying bitcoin on a regular basis and if they are alb to shore up their emergency funds and other aspects of their cashflow management, then they can also start to buy more aggressively.

There are some folks who either have extra discretionary income and/or they have other assets (or savings) upon which they want to transfer value into bitcoin from those amounts, and so there is nothing wrong with supplementing buys for buying on dip so long as the buying on dips is not distracting them from doing regular buying, and since it tends to take so long to build up a bitcoin portfolio, it may well take a whole cycle or even more before buying on dips starts to make sense, as a supplemental strategy.

Essentially without the DCA method, those who buy bitcoin dips in excess have a higher income.  Because we mainly invest in Bitcoin considering the source of income, unique person's income is high so they can buy dip with more money.  However, priority should be given to emergency funds before buying a dip, because no matter how experienced a Bitcoin holder is, if they do not have emergency funds, they will face great challenges in keeping their investment for a long time.
  So no matter which way we buy Bitcoin, it is most important to adopt strategies to sustain Bitcoin investment for a long time.

You wouldn't say all low income investors because I know people not earning too much that believes in bitcoin who are carrying out their regular monthly DCA whenever they get paid with their discretionary before they looked for other means to improve their income. You will not categorize all low investors as the same. Do you know that some rich people don't give a fuck about DCA. DCA is good and used by everyone but rich and poor. It doesn't matter how much that you are using to DCA, what matters is your consistent and persistent buying of bitcoin every week without a problem.

I feel that most poor people who have the knowledge of bitcoin and investing into bitcoin investment are using DCA than any other method, because they know that's what suits their weak financial strength. When I started my bitcoin investment, I was receiving a little income, but due to my zeal of stacking more coins aggressively, I looked for other means of income and got an additional two. Making it three means of income.

I increased my DCA amount and that helped me to lessen the pressure on me to take care of my monthly needs and expenses. It's same thing that I do tel people around me if they're serious to get started with their bitcoin investment. You need to start small with all seriousness and as time passes on, you find a way to improve your finances to buy aggressively.

However, it's still possible that those poor people who don't use DCA, don't understand that there's such method or how it works. This is because when I first heard about bitcoin, I was thinking that I need a lot of money to buy one bitcoin when the price is very low. Unknown to me that I can buy in fractions with as little as $10. It was when I came to the forum that I learnt about DCA, and it has been helpful because I am already used to saving the extra cash from my income after I have minus all my monthly expense and needs in the bank.