Bitcoin Forum

Are you ready to enter the world of crypto? Do you know the investment or simple strategy you will make? Do you want to invest for a long-term investment of your money? Or maybe you are just here to get a quick profit through trading? Or maybe you are just here to test the waters first? Think of it like this, you are just saving little by little, until you achieve what you want to get, or you can also find other ways to find passive income.

The same is true here in the world of crypto, you also need different strategies that will also depend on whether it is perfect for your goal. So in this topic we will talk about;

1. Best simple strategy that suits you?
2. How to choose the right strategy so that you don't lose money?

In the world of crypto, you must know the right strategy that you will use, because it is not possible to just do it randomly or randomly. What is needed here is what is perfect for your budget and your risk tolerance especially for the goals of each of us. So the first strategy we will talk about is;

Dollar Cost Averaging(DCA) (https://www.coinbase.com/learn/crypto-basics/what-is-dollar-cost-averaging-dca)
Most people here already know this but for the sake of the newcomers I will just repeat it, this is the gradual accumulation of the things we want to accumulate the assets we want. This is an investment strategy that is not done in one fell swoop. It is like taking out insurance that we pay off gradually depending on the capacity of your source of income, it can be monthly, quarterly, mid or yearly depending on our capacity.

So we do not buy crypto at a certain price, but you buy crypto at a different price level depending on whether you have a budget to buy. For example, you have a budget of 10 000$ now every week you allocate a budget for bitcoin worth 2500$ in the 1st week you bought when the price of Btc was cheap, in the 2nd week another 2500$ again that is the same concept of DCA.

Why is DCA effective? (https://www.stashaway.hk/r/strategic-benefits-dollar-cost-averaging) The first reason is that you don't need to guess the perfect timing guys when buying, because this is what most people do that is not right. Because no one can predict the bottom and Top price of any crypto assets.

Less Emotional Stress
This is what will make you not be paranoid about the sudden rise or fall of the coin price you hold because you have bought at multiple price levels.

Long-term Investors
This is the thing for newbies entering this field, because you don't just lose, you don't invest a whole lot of your investment. Well, a good example here is that you don't just load up for your cellphone for a month but you only load enough that you need for a few days, the same is true here in the crypto space, you don't need to invest a whole lot, as long as you do the DCA correctly, you can really save.

So this DCA is a very good way for people looking for lower risk investment here in the crypto industry. That's why it's suitable for people who are busy and don't have time to monitor the crypto market. And even for people who have other sources of income because it can also help give you a way to grow your money in the future.

The coin we are investing here is also important for us to understand the way of it's performance, we must have the ability of combining both the fundamental and analytical analysis altogether on our trades or investment, this will help us alot, because we are going nto be more precise about the market speculations and the way we could avoid taking risk will be high, so that we don't lose our capital asset for nothing but our own silly mistakes.

Your overall speech here about the DCA strategy. Things aren't too easy that you describe here, actually. Before investing in crypto, you must gain enough knowledge about the crypto. For each coin you invest in, you need to know it very well. Unless you have proper knowledge about Bitcoin, you shouldn't invest in it. It's the same for all coins that you want to invest in.

To invest in cryptocurrency, you must be a risk taker and financially stable. If you aren't stable financially, then you will panic after buying the coin, and you might sell-off during the bear market. Rather, you need to hold your coins during the bear season, and you have to survive from your savings, except crypto holdings.

However, the DCA strategy is the best strategy ever. It's for holders, actually; DCA doesn't work for traders anyway. You need to set your goals; either you want to be a trader or you want to be a holder.  Because both are kind of investments, trading is short holding and long.

Yes, indeed, buying shit coin using the DCA strategy would be a big mistake, which would undoubtedly lead to the loss of the deposit. Usually, the DCA strategy can only be applied to top cryptocurrencies such as Bitcoin and Ethereum.

Just buy Bitcoin using DCA over the years, and you’ll be fine. Forget about altcoins as they are high-risk assets that can ruin your portfolio if some of them end up being scams. But if you really can’t resist the temptation and still want to invest in altcoins, make sure to stick to those in the top 10, as they are already well-established and have stood the test of time. Even then, keep your exposure limited, maybe 10% or less of your total portfolio.

Losing money is part of investing and that happens even in the experienced people.

DCA is a good strategy and it's suitable for the most of us. But with the wrong choice, it's going to be as effective as it can be for the others that will do that.

And results for doing DCA is not going to be visible as soon as possible and if the person doing it lacks patience, it's not for him.

Selecting a highly potential coin should always be the very first goal. You can't jump into thinking the best strategy that will suit you if you aren't sure what will be the future of your selected coins. Observe the market first and study each and every coin thoroughly. Once you've chosen your best coin, then proceed to what kind of strategy that will conveniently work for you.

You can chose to DCA with shitcoins but it would only be a waste of time and money. And no one wants to do that that's why as much as possible, invest in top coins like bitcoin. DCA can be a good and reliable strategy if you can make it regularly, otherwise just buy in dips so you can make a discount and maximize your purchase with bitcoin.

I have never consider out on holding some shit coins or meme coins for long term on which these are types that once you do make out such holding then it is likely that you would really be ending up on holding those worthless tokens into your bag and this is why it would be that truly a gamble if you do made out some decisions on trying out to make a hold of these tokens. DCA will really be only applicable or having some sense if we do speak about holding Bitcoin or with some top altcoins in the market. Somehow its not really that bad to seek and search up into those projects on which it does have that potential because we do know that top altcoins in the market too do came from that position on which no one had anticipated that it will really be sitting in into the top ranks.

This is why majority of investors will really be trying out to catch up and would really be that wanting to have such approach because they do really know on whats the opportunity and the possible things that they will really be able to obtain at the time that their analysis was right? We are all here comes for the profit but if we do speak about Bitcoin accumulation then the best approach would really be having that DCA on which we do know that it would really be that worth considering on the potential but dont expect that the rewards or profits will really be that big.

A very tight work is to do it yourself through many professions. There are some simple and effective rules to make video it if you can keep it correct you will be saucasy of investors. You need to do a lot of research before doing the day. And you have to determine your symptoms. One important aspect is to ensure difference. You should not spend money on any project. And be aware of the risks and invest in understanding the risks. And your plan must be long term. The last thing I think to me is that you need to monitor each project very well. If you can do all these things correctly, you can be converted into a successful traitor and you will be successful in training.

You can simply verify why DCA strategy for long term investment is very effectively and profitable by looking at portfolios of investors applied this strategy like Strategy and El Salvador.
https://saylortracker.com/
https://nayibtracker.com/

If you feel impressed with this strategy through above portfolios, but want to estimate what you can get with DCA for your portfolio, you can use these tools.
https://dcabtc.com/
https://costavg.com/

For me i say DCA should be use for only coins considered or treated as investment because most of the time DCA method only yields profit in a long term basis as such only bitcoin is considered an investment. Many people have actually been categorizing top or large cap Altcoins as asset too but in honesty they them selves are just no too different from the low cap shitcoins. Take for example the Ethereum mentioned, Ethereum has been below his all time high now for almost four years even though bitcoin has actually seen it smashed multiple all time highs since then and with this there is a high probability that anyone who have invested since then might still be at loss right now.

So only treat bitcoin as the only asset in cryptocurrency and DCA, you can choose to gamble some excess funds on Altcoins and then they hit the bottom but DCAing on them seems more like a waste of money to me

There is no relevance for me to do DCA on shitcoins where there is a greater loss as if I were risking money on gambling.
The most appropriate DCA is still bitcoin that is common in many people, maybe you can choose some other top coins to do DCA but I myself do not do it, and focus more on bitcoin alone for DCA.

We shouldn't always settle for the simple things or strategies for investing in crypto. There are strategies that could be said to be best too but people shy away from it because they think it's difficult to keep up with and follow through but that's where the big profits exists much more than in the simple ones. We should learn how to adapt and not always settle for the less simple things if we want to make it to or close to the whales rank.

2. How to choose the right strategy is by trying out each strategy and examine each outcome and the risk ratio to rewards. Others are secondary. Addition to choosing the right strategy, the coins we choose to invest in is also a factor to if the right strategy could work on it. If you pick on the wrong coins even the most right strategy would still fail.

It's such a huge waste of money if someone does DCA with shitcoins. You've got some money and throw to them? expect that it's gone forever. I won't go all out by taking risk with those kind of coins anymore.

I agree, this is the best approach that anyone can do. All we have to do is to make sure that we keep DCAing Bitcoin for what's about to come. This is still a good year or let's just welcome the idea that whatever is the market situation, DCAing Bitcoin has always been a thing for all of us.

With Bitcoin and its proven strength of growth and survival in many years and past bear markets, DCA is a very good strategy for your investment in Bitcoin.

To invest in Bitcoin and hold your bitcoin for a long term, you must do other vital things.

Choose a good wallet to use and to store your bitcoin: non custodial (not your keys not your coins, remember that), and open source (to verify that wallet is reproducible or not).
Back up your wallets.
In backup procedure, make sure you check validity and usability of your backup.
Keep your backups safely.
https://bitcoin.org/en/choose-your-wallet
https://walletscrutiny.com/
How to back up a seed phrase. (https://blog.lopp.net/how-to-back-up-a-seed-phrase/)

kinda obvious, DCA is investing with long term target, meanwhile most of altcoins lose 90% of its value within just a year or even less, so apparently if we are doing DCA on altcoins we're just giving our money for free to strangers.

DCA only works with crypto like bitcoin or proven asset like some of the good stocks, had you DCA bitcoin, you'd profit greatly, same thing with NVDA and AAPL.
for 4 year or more investment honestly, I'd consider all altcoins to be garbage, even if it's ETH, because just see ETH as second biggest altcoin ever, greatly underperforming compared to bitcoin.

DCA method is best simple strategy you can use to invest in Bitcoin. You can learn more about DCA method and how to use it. You don't have to confuse with the price up and down and only focus with buy Bitcoin for certain time.

With DCA method, you accumulate Bitcoin from time to time without think about where Bitcoin price move. But your concern is how much money you will allocate for Bitcoin investment or we can say that is about how much money you can afford to invest in Bitcoin.

DCA method it is like we saving fiat in our bank. But we save Bitcoin week or monthly so we will have a new investment beside other investment.

You will find more benefit about DCA method from your research.

DCA Bitcoin is better than saving fiat in bank account.

Because with fiat currency in your account as saving in bank, you only get an increase with bank interest rate that can be lower than inflation rate.
With Bitcoin, you can have very good ROI, that is much higher than interest rate or inflation rate. Additionally, with Bitcoin you will have private key and truly own and control your bitcoin.

It's your private key, it's your bitcoin, that's what you get by DCA Bitcoin and withdraw your bitcoin to your non custodial, and also open source Bitcoin wallet.

DCA is good for bitcoin, would not be applicable to every coin.

I think buying low and selling high is the fundamental method to invest. But most people end up doing or are forced to do the opposite leading to a poor performance in trading. This takes practice and observing the specific asset over months of charts to be able to closely predict a low and high.

Most traders dont make profits from the market and there needs a point from where one should start moving back.

Yeah, that's right about the less emotional stress thing but that will also depend on the projects one is using the DCA strategy on. We've to also know that not all projects that go down will come up again. So, with such projects even DCA won't be a good choice. It's like catching a falling knife buying dipping tokens. When that happens, of course, investors will be stressed out big time emotionally.

On my part, I've used DCA on couple of projects. There were some I started that way and discovered I couldn't go on with anymore because tokens kept dipping until they later came up again. Though not all of them recovered. Some of them I had to sell off to cut my losses. It's what it's. There's no business that's risk free.

Think of it as one of the best option to have as an asset because it's scarce. The scarcity of it makes it even more valuable as the time comes. Having a limited supply and count all of the world's population so having a few of it will still make your money valuable compared to just keeping your money in the bank in the form of fiat. There is so much trouble keeping it with fiat although we need for our needs but let alone Bitcoin do its own job by combatting inflation of the wealth that you're going to keep for a very long period of time.

The (DCA) method is a suitable medium for long-term investment. The (DCA) strategy is a simple, effective and risk-free investment medium. Although the (DCA) strategy is safe and risk-free, it is very important to keep some things in mind when investing. Before investing, you must maintain your risk tolerance level and then invest. Those who invest in cryptocurrency for long-term to gain more profits should keep one thing in mind that the crypto market is basically a volatile market, so it is important to continue changing the necessary strategies and monitoring to avoid major risks. Proper education and research about crypto technology, block chain and market trends helps to strengthen the investment.

Investment should be long term if we are investing in cryptocurrency and BTC . BTC is safest from all sides because that is safe Blockchain and millions of people want to invest in it and it's demand is high in the market. People are doing research on the new projects but many projects look good but they are not giving profit like BTC but one can earn by investment in BTC . BTC is live in the all countries and American president is in the favour of cryptocurrency and if you are investing for the future, then that is best investment.Many Altcoins can give profit and require less money as comparison to BTC because these prices are low but we didn't see Altcoin season this year . But in last year's , many people got profit from that.

Anyone who participates in a Signature Campaign with payment in bitcoins and who does not sell the BTC earned in this way can consider their accumulation as DCA. It's like buying BTC weekly for the same amount, regardless of its price.

Exactly, what I thought when I first read the OP content: he is talking about DCA and still mentioning cryptocurrency, which I know is not all the cryptocurrencies we can use the DCA method of investing on; it can only happen when you want to invest in bitcoin.

I can’t even add Ethereum to my list, but you see Bitcoin – that is the only coin many people and investors have been preaching to use the DCA method when investing in it. Shitcoins are risky; it is not advisable to invest in them, sometimes talking less of using the DCA method will not favour the investor when it comes to shitcoins.

Before investing, you must pay attention to various investment strategies, otherwise you or I will never get the expected results from investment. If the market suddenly crashes after making an investment, you should not lose focus, but rather be patient and hold on. Even if the market increases after investing, you should not become overly emotional, but rather be patient and wait for the next period. An investor must be patient, avoid greed, and have the ability to control emotions. If an investor does not have these qualities, then he will not be profitable in any way.

Honestly less emotional is the best for each an every traders because it will not cause much traders, and that’s those that are been a while in trading and also expect always given an advise that anyone who have interest in trading should learn how to patient in trading.


Although that the DCA is the best way for investors and that’s the plenty truth, because using the the DCA is reducing lose for that never know much about the investments, which are the newbie’s because there’s some of the beginners that they will just start their journey in the investment without experience and little knowledge about it; that’s they easily fall in victim of losing are the end of day.

Investing in crypto is quite amazing when you fall on the winning team. We can be so proud of ourselves after settling for gigantic winnings but that does count? Oh yes because it's never consider an easy task to accomplish winnings in the space definitely not when there's heavy presence of volatility. You outlined these factors as if it's easy to maintain, we know alot have happen over the years when it involves trading and I rather not talk about the awful incidents that have hits us. We absorbed and move on because the best outcome is yet to come.

Well, that gives an edge for us signature campaign participants. If one finds it hard to timing the market when buying bitcoin, then keeping this btc payments and hold it until such price increases, that’s already DCAing. However, if you plan to do that, make sure you have sufficient amount of fiat on hand so that you won’t touch your  bitcoin storage. If you want to see your bitcoin grow in your wallet, as much as possible know your expenses and just spend below your means.

Without good knowledge this cannot be achieved because investment is not easy to do as many people say because in certain conditions emotional and unable to control risk will cause problems.
People will be much more ready to jump into crypto but have a lot of problems controlling losses caused by lack of knowledge.
Knowing the strategy will make it easier for someone to achieve good investment and they have the ability to control emotions and losses.

Actually, investment is simple if it can be done well, but the problem is that people do not understand the investment pattern that is being carried out properly so that at certain times they get losses that cannot be avoided.

Sometimes its hard to do that simple concept of buying and selling. Cause even though we are doing that there are times that are emotions are affected and do the opposite. Panic selling when the market crashing is inevitable too if you are badly hurt with the downfall. Cant blame them though.

If there is enough knowledge, emotions won't overflood us. Because we would know it would end up badly.

it is important that we follow up with our investment whenever we are considering one for such, some will invest and left, but we must know all the necessary decisions to make before and after any successful trad we may go for, investment is not what we can just accept like that without checking on the market performance on the chart using different indicators, also, this helps us to know as when to continue with holding our investment or exit the market base on what we have seen coming.

It's so true, people make it look like it's an easy thing to just buy at the dip and sell when they're comfortable. But that's the catch there, it's hard to buy at the right time and sell when you want to because sometimes even if you're in profit already, you're not going to sell because you think of a higher price and that won't be hit.

Yeah, it cannot be avoided when the traders or even the holders aren't used to it despite being here for so long. They can act on their own and they are unstoppable when they feel that it's not going to work anymore so they panic easy.

Investment isnt something that you should really be just that putting up your money then you would just simply wait for those gains to fill out into your pocket. This isnt how business or investment works, on which means that you would really be needing necessary steps for you to be able to have such kind of good grasps about on how this industry works. Also, things arent that simple, it might that looks so basic but onthe moment that you are already doing up such actions then it will really be that not too easy for you to execute out because the primary thing that comes up into your mind is that you would really be hesitating because you arent that sure on what you are doing or you are making up some good decisions. So it will really be that situational and when it comes to investment then proper dealing on which its part on having that good analysis and proper planning on how things should be handled. There will really be tons of factors on which you would be needing up to consider on which molding it up overtime as you do go ahead or forward into the things that you are really that dealing on with.

Yes, it is very difficult to keep your earned BTC in your wallet and not waste it until today. I remember that I used to get 0.01 BTC per week for a Signature Campaign, but now I get 10 times less in BTC, although it still equals 100 bucks.

For people that don't understand, following up our investment doesn't mean we have to be constantly checking the price of Bitcoin after we have invested in Bitcoin but we just have to stay updated with the market to be able to know what's happening so you'll not be left out. Monitoring your investments is very important and all investors have to be doing this so we don't forget about the the things that we have invested into. As you follow up your investments, it'll also give you more time to understand what you invested into and decide if you're going to put more money into the investment or you're going to invest into something different for security reasons.

The scarcity of BTC dictates this factor.

But it's still worth it, in my opinion, albeit harder for the accumulation process.

Following up our crypto investments can bring more about emotion and many that know what they are doing will rather leave the investment to grow than trying to keep checking it to know whether it is appreciating or not.

There are traders or investors that can keep checking without having any emotional imbalance but their are people that will keep panicking about their investigation and whether to sell and use the fund for something else or to keep holding. Financial decisions is not easy and we ought to keep doing something that will be beneficial to us if we really want to keep holding and making profits from the market without any stress at all. Holding is the key and we should never feel pressured about that.

Correct! Especially right now like even how good the altcoins, they are still dumping even Bitcoin is pumping, it's just a sign that how Bitcoin is dominating the market right now.
But since we are in a trading discussion, it's fine if you are actively trading or buying/selling and have some strategy in some altcoins, then it's fine. But then, DCA is good for the long term.

Some people do not oppose the process they go through in altcoins because they may understand the best way to make money.
But in some cases it is completely unlucky because people do not understand the best way to make money in it.
Some top altcoins do provide good potential, but it takes the best ability to see opportunities.
But if you want to get something much better then seeing opportunities in bitcoin is a much more ideal decision and the way to do it is to apply the DCA pattern.

Because in the long term bitcoin is much better and has the potential to achieve much more maximum profits.
But for the shitcoin group, it may not give great hope because this kind of coin is more dumped and does not have fundamental characteristics.

Yes it is very important to control emotions when investing being overly optimistic or anxious about market conditions can be detrimental to the investor. When it comes to investing it is necessary to make rational and planned decisions so as to minimize the risk of emotional influences. Since the cryptocurrency market is highly volatile and highly dynamic a successful investor needs to think long term and follow his investment strategy in a disciplined and correct manner. In addition it is important to regularly monitor market conditions make decisions based on accurate information and adhere to the investment plan.

In time of bitcoin, anyone should know that is a long term investment, and if you didn't invest for long term you won't see profits like other that invest for long term are seeing. You are right. they have many investment that people are doing and they are getting profits, but he won't be like bitcoin investment because is unique is self and is different from others coins. People have seen the benefits of bitcoin,  and everyone that understands it very well are in the mission of investing for long term. And some people usually keep there funds on bank that they are Saving it for long term for some purposes. Is better we should invest in Bitcoin and making better profits on it, then keeping it on bank that won't bring any value probably the funds will be reducing when banks started removing their tax. But in bitcoin investment anytime the price drop you will definitely raise if you invest for the long time, I don't think you will see any lose. In altcoin is high risk if you don't have enough money to risk is better you should just continue your investment in Bitcoin, so that he can minimise your loses.

That is because BTC is already proven. For other newer ones, it may be best to enter early on them or at the lows. There is still a big risk on it though because what if the project won't get listed or won't rise anymore? But that's just how it goes if we want to earn.

Apart from practice, it also takes knowledge on choosing the right coin to buy. That way we can continue hodling when a good coin dumps because it can recover. Unless only if we still lack in patience and courage. Well, that is another story anymore but we also need to build this two if we want to be successful of course. By moving back, you mean to downgrade a strategy? But, why not if the upgraded one is not working. Also taking a break for a while is a good idea.

People who know how to see short-term opportunities through altcoins will definitely not miss it because they will take advantage of it to make a profit in the short term even though in the end they will also use the DCA pattern to buy Bitcoin again in the market. But as long as there is potential and opportunities that can be utilized for profit, it will still be done even if it is not through the best coin or let's say through a meme coin that only goes viral for a while.

Investing is associated with losses and profits, so a good investor should be open to both of them, and not just possible profits because we can’t assure profitability at all times knowing there are some moments where losses go inevitable.

Patience is a virtue, if you lack patience and understanding on any of your investment, you will only fail and won’t succeed on your goals. Learn to manage your emotions, as well as master those risk management plans because one cannot succeed without practicing those stuffs.

It is absolutely true that buying shitcoin using the DCA method is the biggest folly. There are many who buy shitcoin and dream of becoming very rich in a short time. Can they really be rich? I think they cannot be rich. They cannot take back the amount of money they invested with the amount they wanted. It is better to use only Bitcoin for investment. For this, the DCA method is much more effective because now, for most people, buying a Bitcoin is much more expensive. For this, using the DCA method is perfect.

Yeah loosing money is part of the deal of investment no doubts but the DCA strategy isn't that bad but I honestly think it's not profitable when you get involved with shitcoins besides, I have believed it to be profitable for long term especially with verified coins and this is where the patience you talk about comes in. Moreso having in mind that the risks surrounding it cannot be eliminated cause there's always a loss and gain to every investment or business.

Is the above web links displayed here not to supposed to be plagiarism since Op did not make reference or credit to the source of informations?
However Dcaing has been a strategy that plays gradual increase roles for a growing assets especially when you don't have enough money to stock at once or when you have understood the market system locating there is usually some good times to buy and hold especially during deflation market times such as the curved opportunities to purchase bitcoin at a market depression with the point of increasing your portfolio.

for most of shitcoins and altcoins, especially the one that shows less frequent trading activity, the market maker can just cash out anytime and escape the market, at that point the altcoin will be pretty much a ghost town, a worst asset to hold.
i've seen few cycles of crypto, most of altcoin are getting replaced real fast, right now most old altcoins are having subpar trading volume that they are on the brink of delisting and it happens to 99% of alts.

DCA ing shitcoin and altcoin is best way to empty your wallet for absolutely nothing ;D.

If someone want to use DCA method and also want to have the best investment, he can use Bitcoin only for the investment. He doesn't have to choose shitcoins where we don't know when the price of the shitcoins will arise. But if we choose Bitcoin, at least we know that Bitcoin can give us the profit after we hold for some term. DCA is the best strategy for people but only if they know how to use it. It need patience and discipline to run this strategy because we doing the same thing continuously for some years. It is worth to do because we can arrange the time when we will buy Bitcoin. That will help us to accumulate more Bitcoin using the same amount money.

If you do want on having that much more secure then Bitcoin would be the best option, but there are people who do really that want to see bigger profits with less investment or amount that they can possibly earn. We do know that not all will really be having on the same situation when it comes to financial aspect on which there would really be those people who would really be that wanting to have that much more bigger gains rather than on having that smaller on which they wont really be that seeing to be worth if they would really be sticking with Bitcoin. This is why they would really be that trying out for another option on which they could really be able to see and able to deal on with. Investing does really have that particular risks and if you are really that rushing on making up some positions then it will really be that a huge problem for you once you do able to make yourself having such approach on hasting up your investments just because you do want to see short term gains.

There are so many coins in the market and it's good to understand the nature of the altcoins you are buying and holding so that you could know what you are expecting. Trading is not just almbiyt learning how to read chart patterns and analyzing the market based on different tools you are using. This is why some people will look at the market and assume price will fall soon while some other person we say something contrary. Apart from investing using the DCA strategy, we should know that this only works for someone that is holding for a long period of time.

The DCA strategy can only be used with respect to coins whose price, in your opinion, will rise in the long term. Accordingly, if there is no such certainty about shit coins that their price will rise, then DCA should not be applied to them.

I believe the simplest way of investing in Bitcoin is to buy low. In fact, our goal here is to earn profit, and that only happens when we buy at a cheap price and sell high. We don't complicate the situation and use other strategies but rather focus on the trend of Bitcoin.

When we talk about emotional stress. That will happen for sure when we feel uncertain about this. Doubts can easily manipulate our minds, and changing this kind of behavior could help a lot. In the end, invest the money that we can afford without forcing ourselves.

It would be unwise to use DCA with shitcoins or invest in them. But is it right to say that we should only invest in bitcoin and stay away from the rest of the market? I don't think all altcoins are shitcoins, there are still many altcoins that do very well and bring huge profits to many people. You can ask early investors in ETH or BNB or investors in Sol during the bear season. How big a profit did they make?

We should not give advice on investing in altcoins because it is too risky, but just because we cannot make money from altcoin investing does not mean that everyone will have such bad results.

The market is full of opportunities to make money, don't limit or tie yourself down from those great opportunities.

With shitcoins, they die with time and many of them completely die after all. Invest in shitcoins, DCA shitcoins with time will increase your total capital invested but total value of your portfolio in shitcoins drop with time.

DCA shitcoins means accumulating more losses for your porftolios and if you know this fact, aware of this risk of shitcoins, you will stay away from them as most as possible. Investment is to get profit, not to get loss and investment in shitcoins means losses, not profit. You will accumulate more losses in both $ and BTC value.
https://www.blockchaincenter.net/dollar-cost-averaging/
https://www.blockchaincenter.net/satoshi-cost-averaging/

Bitcoin returns vs. major asset classes. (https://www.visualcapitalist.com/bitcoin-returns-vs-major-asset-classes/)
DCA is a good investment strategy but it only works well for good investment assets and in cryptocurrency market, Bitcoin is a best asset for your investment and DCA.

The main target of investing is to earn profit, so you have to invest in a market at a price that brings profit. One should not always enter the market at a price where there will be no profit but loss. The market should always be invested at a low price. When investing, you must hold it for the long term so that you can make a good profit if the market grows in the future. Moreover, you should refrain from investing in emotions completely.

DCA in altcoins isn't going to give you the same results as when you DCA in Bitcoin as Bitcoin is a more stable cryptocurrency than other altcoins that their growth can't be predicted. After studying Bitcoin, you can get some predictions accurately due to past record but altcoins are always different and very difficult to predict when the price is going to stop falling. Sometimes when the price of Bitcoin stop falling, although it's the reason why altcoins were falling in the first place but still altcoins keeps on falling even after Bitcoin has stopped. DCA into altcoins will look like throwing away your money after sometime has gone by therefore it's not worth it.

Investment in different things will result in different results. DCA in Bitcoin and altcoins will result in different ROIs that can be positively or negatively and big or small.

Altcoins have top altcoins and pure shitcoins, and DCA in top altcoins is almost safer than DCA in shitcoins or meme tokens. I want to say about risk of top altcoins, that even they are top altcoins they can be scam coins and can collapse like FTT token, Terra tokens (UST and LUNA). Don't think that DCA in top altcoins will give you better safety for your investment fund. If you want it, only DCA in Bitcoin and avoid even top altcoins.

DCA is indeed safer for Bitcoin, I don't think anyone is implementing DCA for shitcoin or memecoin. I just think if someone tries it, it will most likely only increase the amount of their losses.
If thinking about investing, of course we have to choose the asset with the lowest risk. Don't be too tempted by the short-term increase in shitcoin or memecoin that makes us think we can do DCA for them. If you want to invest in the top Altcoin, it's better to make a single purchase and run a plan for a short-term price target.

DCA is not only for Bitcoin. if someone afford to take risk of Altcoins shitcoins investment then they can apply DCA strategy also there, because DCA will reduce there risk. Bitcoin prices are never down at all. No matter how low the price of Bitcoin is, it is recovered again. So if one doesn't adopt the DCA strategy in terms of bitcoin, he will not have a big risk if he plans to hold long-term. But the case is different in case of altcoins. Because regularly different altcoins are scammed. So the DCA strategy is most effective for Altcoin, because it can make at least some loss recovery.

Agreed, the dca method can really be used on good and bad altcoins. Because there are other crypto communities that are just carried away by hype because of the words and promises that others say, that's why they also used dca on other altcoins or meme coins, shit coins if you call them.

That's why we still need to be extra careful, because even if the tools we use are right, if the crypto assets we accumulate are wrong, apart from wasting our effort,
our time and investment will also be wasted in the end.

Are you serious DCA is most effective for Altcoin? DCA can be used for Altcoin, but I would not advise anyone to do it. Even for top Altcoin.
You can do it at your own risk, but if you want to invest long term with DCA, I would advise anyone to choose Bitcoin, not with other coins, especially for memecoin.
If you believe in the Altcoin you choose and are willing to take the risk, then do it according to your beliefs.

For short-term utilization, it is up to each individual to take advantage of the conditions because maybe they understand the best pattern in making a profit in altcoins.
As long as the knowledge they have can support making a profit, then the decision can be combined to achieve perfection in long-term bitcoin investment.
But the problem is not everyone understands the journey of such coins and if involvement in them without adequate knowledge and analysis can actually result in losses.

The pattern can be adjusted to take advantage of both the short and long term as long as people understand how and a much more ideal target is bitcoin because it has been tested and proven.

It is really the choice of each individual whether they want to use Dca or not, now some think that this method is effective so they should use it and if not then they should not use it,
it's just a simple decision.

All I can say is that even if in the eyes of some it is not good to use it for altcoins, we still cannot stop others from using it for altcoins if they believe in it and have done a thorough research,
I think they still have a valid reason to use dca not only for bitcoin but for other altcoins as well.

yeah I agree with you the coin we are investing on is also important to know the way of it performance, because not all  coins in the crypto space are store of value with potential returns, so for that reason we have to first of all carry out research properly about the coin before putting money on the coin, that's why i always recommend bitcoin to be a good coin for investment, because it's a store of value with potential returns from history till date and bitcoin has also attracted millions of investors who are investing it.

Carrying out research is very important if we don't want to keep making the mistakes of investing in the wrong projects.
There are many traders that have lost fortunes because of ordinary mistake they could have avoided if they understand how trading works. Trading is a financial decision and our decision will determine if we are going to make profits of not. Those that are making profits are those that have learn trading very well and know how to find their way when it comes to some certain decisions.

Altcoins are certainly represented in large numbers on the market, but the DCA strategy can only be used in relation to top altcoins. And even that comes with a lot of risk. It should be remembered that only a few coins were able to reach the new ATH, despite the fact that the price of Bitcoin is still at a high.

Altcoins are a financial mistake, hodling them as a long term investment can be something that can make you regret later on. Shit coins are highly volatile, this is why it isn't as safe as Bitcoin. Bitcoin isn't hundred percent stable but compared to altcoins it's far better. The worst that people that people invest in is meme coins , your portfolio can go from a thousand dollars to zero in a matter of minutes... Altcoins are risky but just like you said there are some that are still recommended, sticking them is better.

Altcoins aren't the only ones that are faced with the risk factor. Like I've explained in other threads too that investment in Bitcoin is also a risky engagement though not as risky as altcouns are. Nonetheless, we shouldn't also forget that there are investors who don't put their money on Bitcoin at all. They think it's a waste of their time. They've their reasons. Chief among those reasons is that, for them, Bitcoin won't give them the type of ROI altcoin investments give them.

I don't necessarily do DCA on Bitcoin but I do that on altcoins I feel are alphas.

Buddy I share the same sentiment with you however, personally i have a problem with any coin that's not Bitcoin, so I don't find it necessary to have anything to do with them my reason is personal,  as much ss I know that we think differently and have reasons why we make our individual decisions, it would also be wise for us not to involve our money in things that are not trustworthy, the hype of meme coins from the begining is somuch that if we aren't careful, we may fall for it, just as you said all cryptocurrency including Bitcoin are volatile assets meaning that there price aren't stable but our major concern before investing in this coins is their life spam, how long will the remain relevant in the market, atleast Bitcoin has proven its trust, reliability and longevity too, as a matter of fact if anyone has chosen Bitcoin for investment, I think such person  is in the right track because the evidence of how Bitcoin has perform over the years is their to speak for itself, if there are altcoins that are recommendable as you said, my question is have they been able to outperform or outshine Bitcoin? I think the answer is no, for me I better concentrate on Bitcoin that am conversant with than going into something that may ruin me financially.

I really do believe that everything depends on strategy and you can only form a strategy with what you understand. There are really some people who understand how to be profitable with altcoins. They know how to time the altcoin market, including the dos and don'ts involved in investing in altcoins.

It is perfectly okay for anyone who doesn't understand altcoins or doesn't find them appealing to stay away in order to avoid getting into a big financial mess. Just like you said, some people end up falling for hypes that die off quickly, leading to a significant price crash. Those who are mostly affected are those who intend to hold altcoins for the long term. Just like you, I do not find altcoins appealing, as I have never been lucky with them. Maybe I too do not understand how altcoins work.

For reasons like this, it is best to stick with what you know because that is the only way you can develop the best strategies that will work for you.

Strategy is very important to anyone that want to achieve success in the future to acquire, and you need to acquire the strategy before you can make your dream to come to reality. There are some people that developed their hunger on DCA strategy to accumulate BTC and hodl for long years before they can trade to earn profit which is a good strategy traders can acquire.

Once you have the knowledge of decentralized trading, you will surely know some direction to be profitable from the market because you will know when to trade and when not to trade in the market which are some of the things strategy will do for trader.

That is a simple truth. What comfortability that matters most in the crypto market is the ability to identify potential coins with good values so that our efforts on investing and holding for a long time doesn't go in vein and also that we don't just accumulate values less coins that would not be of demands after stacking.
In same vein, it is good to trade on coin you are best suitable with it only you can understand the scalability of the coin While finding the right trading strategies should not be underrated of we must be of profitable stance.

DCA is also very suitable for investors who can only buy Bitcoin in small amounts, so they can consistently buy Bitcoin when they have money or when they receive their salary.
You have to be consistent when using DCA, if you only do it occasionally then it will be difficult to increase your assets and also have the patience to see them increase in value.
But don't use DCA for altcoins, it will be very risky, altcoins are only suitable for trading because the altcoin market is much more unpredictable than Bitcoin or the stock market.

All good suggestions,but personally I think the simplest thing to do as an investor is knowledge.The DCA and all of the other strategies are very essential but what's the use of all of these strategies without a proper educative direction.
Directions on what investment is,why people should invest and many more discoveries to rely on as an investor.Mainly,the sole purpose of investing is to make profits but the outcome of continuous self development and improvements associated with each investments will promote a steadyutcome of possibility and oceans

The crypto market is large enough to swallow our investments if we are doing it in the wrong way. Every traders must know how to enter the market and make money from themselves even though analyzing the crypto market can be very stressful and tasking.
Trading is profitable but when we are doing it in the wrong way, to make consistent profits will be very difficult.
Investing is still more profitable than trying to trade the market without any skill or understanding about the market.

DCA is a good method of making trading very easy for you because people have been using it for some time now and there is no issue because people are always looking for a way to make things easy for themselves, DCA is one of the best ways to make investing easy for your self because people are always looking for the easy way out so there won't need and this is why you need all the important because people want the easy way out but they do not want to pay the price, and DCA is the best advice and it is not only for alt coin but also for bitcoin so there is no need for deciding whether bitcoin but the same and even with all the risk there still a glim of light you can not always loose.

I have wanted to ask this question with regards to if my Dollar Cost Averaging amount changes with time according to changes in my financial situations, would it affect the results in the long term? For example, if for the past 3 years I DCA $200 of bitcoin monthly, but after 3 years , I faced a hard time and I decided to DCA $100 of bitcoin monthly instead, will this affect the results in the long term?

On the case of availability of the trader, others have their work and jobs right there but still they want to make an engagement with the crypto space and once of the best is to doing DCA or else waiting with the dip with the trading of 4 hour to 1 day time frame which is really takes time before make a depreciate so its easier to them to identify which is the position or price ideal for entry, now if you are always available and keep seeing the market so why not take this as an opportunity to make trades with the shorter time frames to make a quick flips, well its just side part of trading with the spots and futures. Not only with the bitcoin because alts also comes near.