Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Moreno233 on March 04, 2024, 10:40:16 PM



Title: DCA: the power of little beginning
Post by: Moreno233 on March 04, 2024, 10:40:16 PM
I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading. This mindset have held me moving round the same cycle of profits and losses for over two years with no progress despite the pains and psychological torture that comes with losing streak in trading. Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading. It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!

Today I am a proud Bitcoin investor, with a portfolio that I can call an achievement even though it may not be something too big for some people. I am not making this post because of Bitcoin is rising in price, my focus is on the quantity of Bitcoin and not necessarily the dollar value. Besides, the DCA method has molded me to appreciate bear markets because that is the opportunity to collect more Bitcoin at lower prices.

I am sure there are many people with similar thing to say about the DCA method because I have engaged in many discussions where a good number of forum users confirmed to be using the DCA method, so I expect they will also be proud of what they have achieved through it.

To those who really helped in sharing their wealth of knowledge free of charge in this forum like @JayJuanGee, @Wind_FURY, @tranthidung and many others, you are all highly appreciated.


Title: Re: DCA: the power of little beginning
Post by: rachael9385 on March 04, 2024, 11:01:06 PM
It's a good plan to gather Bitcoin with DCAing strategy I have also learned from other discussion when it comes to DCAing strategy. Important part is DCAing strategy is you can invest any amount without being affected. As Bitcoin goes higher it's also good to pile up enough Bitcoin and wait for the perfect time to sell.
True, a drop of water might be able to make up an ocean because before you count to 100 you must start from 1. It is good for you to know that Bitcoin trading wasn't the quality way to get big profits, Bitcoin investment through DCAing strategy is the perfect way to get enough Bitcoin even if you don't gather full Bitcoin with the little you have gathered, it means you have tried you best. So congrats you know bitcoin investment is better than Bitcoin trading.


Title: Re: DCA: the power of little beginning
Post by: KingsDen on March 04, 2024, 11:18:18 PM
Before now, I have underrated the DCA method just because I thought it was only meant for bitcoin. It was when I read a documentary about DCA as the most effective and stressed free way of being wealthy. I have had little/no respect for DCA but it is the most peaceable way to invest in bitcoin.

DCA is not necessary only for low income earners. It is also used by the wealthy and other experienced traders or investors when the market is not so certain.


Title: Re: DCA: the power of little beginning
Post by: Smartvirus on March 04, 2024, 11:47:52 PM
I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading. This mindset have held me moving round the same cycle of profits and losses for over two years with no progress despite the pains and psychological torture that comes with losing streak in trading. Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading.
One place where people get it wrong is that, DCA doesn’t necessarily mean buying with the least or little money you’ve got. It might encompass that but, it’s well above that. DCA is basically concerned with you having to buy routinely or periodically without giving much interest in the amount you’re buying. You just make sure it’s an averaged value to what income you’re getting and allowed to utilize for investments as well as running your daily expenses.
Sometimes you might invest with a very substantial amount and at other times, a low amount compared to what income you’re getting. In the end of the day, you bought Bitcoin periodically and you’re hodling it. That makes all the difference and your sure to be amazed of your accumulations in due time.


Title: Re: DCA: the power of little beginning
Post by: Assface16678 on March 04, 2024, 11:50:32 PM
Before now, I have underrated the DCA method just because I thought it was only meant for bitcoin. It was when I read a documentary about DCA as the most effective and stressed free way of being wealthy. I have had little/no respect for DCA but it is the most peaceable way to invest in bitcoin.

DCA is not necessary only for low income earners. It is also used by the wealthy and other experienced traders or investors when the market is not so certain.
True, even big holders do DCA, if they see a good opportunity to buy bitcoin then they will buy bitcoin in that price through DCA or buying just a small fraction just to make sure that even if the price dip from where they buy then it still will not affect their portfolio because it's just a small portion, not every time you will need to buy bitcoin in such huge amount, its like don't put all your money or funds in one single buy, its better to spread it in order to maximize the potential profit and also to minimize the potential loss, but I don't think there is someone that will lose some in doing DCA or holding coins or bitcoin, maybe if you are a trader you are most likely to experience loss of funds, but for holders, the effect of dip is just losing or lowering the value of assets they have brought.


Title: Re: DCA: the power of little beginning
Post by: headingnorth on March 05, 2024, 12:12:13 AM
But you might want to adjust your DCA strategy during a fast moving bull market. By that I mean consider making your buys with greater frequency and/or larger amounts.  

Otherwise the price is blowing up so fast its hard to keep up with it. Every time I turn around bitcoin price shoots up another couple thousand dollars. Makes your head spin.



Title: Re: DCA: the power of little beginning
Post by: dzungmobile on March 05, 2024, 01:37:24 AM
DCA is a strategy for everyone to apply it it is not restricted to big, institutional investors but retail investors can apply it too.

Learn to DCA with two websites and estimating tools.
https://dcabtc.com/
https://costavg.com/

See results of DCA with two different investors, MicroStrategy and El Salvador.
https://saylortracker.com/
https://nayibtracker.com/

They have different budgets but ROIs are both good. You can have good ROI for your investment in Bitcoin if you apply DCA too.

MicroStrategy is winning big (https://ecoinometrics.substack.com/p/microstrategy-is-winning-big)


Title: Re: DCA: the power of little beginning
Post by: Pi-network314159 on March 05, 2024, 03:21:27 AM
All what you have said is true I was once in that same shoes when I usually want to trade and use my profit for buying bitcoin but all was a failure just like you said that it was on same circle. I invested in altcoin due to the pump I always see in it, and after everything I discovered that it was a waste of time. Even some months ago, after listening to several warning from the forum members and also @jayjuanGee about not investing on shit and altcoin I still doubted and went ahead and invested In shit/altcoin and I was disappointed. that also made me to hold Bitcoin dearly because without btc I haven't seen any other coin that will do better in times of growth consistency. Although many coin might be consistent but the consistency I mean Is continuously maintaining its position for a long time. Because thousands of coin has emerged and and fell of, but bitcoin still hold its position as the top. Long live bitcoin and blessing to investors that HODL for long.


Title: Re: DCA: the power of little beginning
Post by: Kliss on March 05, 2024, 08:24:10 AM
The importance of DCA in bitcoin investment cannot be emphasize, DCA has helped help and impacted in so many in their bitcoin journey. DCA is like a saving plan for bitcoin you invest regularly no Matter the amount for growth it's a smart strategy for both big holders and regular investors it helps to maximise profits and minimise losses. Regularly investing on amount that suits your budgets comfortably and doing it effectively and consistently, it's a peaceful way to invest in bitcoin for all income levels. One thing investors in bitcoin should know is that the DCA is more about consistency than the amount, it's more about routine investment and holding for long term your accumulation will grow over time. In a bear market consider adjusting your DCA strategy by buying more during dips for better gains.


Title: Re: DCA: the power of little beginning
Post by: KingsDen on March 05, 2024, 08:39:49 AM
Before now, I have underrated the DCA method just because I thought it was only meant for bitcoin. It was when I read a documentary about DCA as the most effective and stressed free way of being wealthy. I have had little/no respect for DCA but it is the most peaceable way to invest in bitcoin.

DCA is not necessary only for low income earners. It is also used by the wealthy and other experienced traders or investors when the market is not so certain.
True, even big holders do DCA, if they see a good opportunity to buy bitcoin then they will buy bitcoin in that price through DCA or buying just a small fraction just to make sure that even if the price dip from where they buy then it still will not affect their portfolio because it's just a small portion, not every time you will need to buy bitcoin in such huge amount, its like don't put all your money or funds in one single buy, its better to spread it in order to maximize the potential profit and also to minimize the potential loss, but I don't think there is someone that will lose some in doing DCA or holding coins or bitcoin, maybe if you are a trader you are most likely to experience loss of funds, but for holders, the effect of dip is just losing or lowering the value of assets they have brought.
That's the real definition of DCA. The aim is to average either your gain when on the green side or your losses when on the red side. Although it is widely used by salary earners to invest passively such that they won't be financially stressed because of investment. In order words, someone who does not have a steady flow of income, weekly or monthly might not be able to maintain DCA. They will abuse it. DCA is all about consistency, no matter how little your amount of investment is. That is DCA based on weekly or monthly earnings. This is different from the DCA of he that has enough but is trying to play safe due to the volatility of the market. In this case they can go in with variable amounts at different intervals.


Title: Re: DCA: the power of little beginning
Post by: Frankolala on March 05, 2024, 09:27:01 AM
DCA strategy is very good for newbies who just started their bitcoin journey with low income. If one can be persistent and consistent in accumulating bitcoin weekly or monthly for a very long time, before you will reizeit, you have stashed up a significant amount of bitcoin. However, it is the best during your accumulation stage, because it gives you no tension and easy going with your bitcoin investment.

DCA also gives an investor, the opportunity to also have time for other investments, because anyone that is used to saving money in the bank to achieve an important purpose in life. Such person will be successful in his bitcoin accumulation journey. Some people are waiting until they have huge amount of money before they want to invest in bitcoin, neglecting the DCA strategy, which enables you to buy bitcoin at different price level.


Title: Re: DCA: the power of little beginning
Post by: Uhwuchukwu53 on March 05, 2024, 09:57:00 AM
DCA strategy is very good for newbies who just started their bitcoin journey with low income. If one can be persistent and consistent in accumulating bitcoin weekly or monthly for a very long time, before you will reizeit, you have stashed up a significant amount of bitcoin. However, it is the best during your accumulation stage, because it gives you no tension and easy going with your bitcoin investment.

DCA also gives an investor, the opportunity to also have time for other investments, because anyone that is used to saving money in the bank to achieve an important purpose in life. Such person will be successful in his bitcoin accumulation journey. Some people are waiting until they have huge amount of money before they want to invest in bitcoin, neglecting the DCA strategy, which enables you to buy bitcoin at different price level.

Yes that's just the truth mostly beginners DCA is the most preferable means to use and succeed  especially when the income is extremely low.

My ignorance about DCA hinder me allot I would have move far beyond my present level of operations on investment, but it's not too late all I need is constancy to achieve my dream on Bitcoin.

The only thing in DCA is consistency, it's extremely stress free , I advice beginners to consider DCA as choice.


Title: Re: DCA: the power of little beginning
Post by: sunsilk on March 05, 2024, 09:59:03 AM
Keep it up. People will never realize the power of DCA because they're thinking that it's just a small thing to do with smaller amounts. But they don't know that if they can't buy with a lump sum, this is the best strategy for you to keep on the market and stay by not having a miss of every opportunity that you may have.

Now, you have to be consistent doing that and if you've proven that to yourself, I'd say congratulations to you. You're just getting started and there's more things to come for you and to everyone who's DCAing. Because next time, the challenge is going to how you're going to start keep that. Some temptations may come to you and might push you to sell.

I urge you to have a decent long term plan and don't put your efforts into waste.


Title: Re: DCA: the power of little beginning
Post by: alastantiger on March 05, 2024, 12:41:55 PM
I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading. This mindset have held me moving round the same cycle of profits and losses for over two years with no progress despite the pains and psychological torture that comes with losing streak in trading. Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading. It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!
Moreno233 is 100% correct on this.
Quote
I am sure there are many people with similar thing to say about the DCA method because I have engaged in many discussions where a good number of forum users confirmed to be using the DCA method, so I expect they will also be proud of what they have achieved through it.
Now, for bitcoin enthusiast that have $0 today and want to start investing, it is better to DCA than save up a large sum and invest in one time, because the compound interest will serve you faster. A lot of people try timing the market, but what happens is they can never do that and lose money on the long run. Either way, even though large-sum is financially better, the tranquility you get by doing DCA even if you have a lot of money is worth more than the gains you can get just investing all at the same time.


Title: Re: DCA: the power of little beginning
Post by: Natsuu on March 05, 2024, 12:45:11 PM
I get your Bitcoin journey with Dollar Cost Averaging (DCA). Smart move! DCA is like the chill strategy like no stressing over market timing and just steady vibes and big props for not just riding high times but embracing the lows too because that's where the real Bitcoin bargains are, right?


Title: Re: DCA: the power of little beginning
Post by: cryptoWODL on March 05, 2024, 03:35:48 PM
Dollar Cost Averaging is a Recommended Strategy for Beginners Investing Your dollar cost will be the same if you invest using this recommended strategy. If someone wants to invest using Dollar Cost Averaging method then he can start his investment with any amount of money. This method is most convenient for those with less money who cannot purchase large amounts of bitcoins at once, many of whom continue to invest in this method. Dollar cost averaging allows people to accumulate bitcoins weekly or monthly according to their means and hold it for future use in an important task.

"Just as a tiny grain of sand can form a continent, so a drop of water can form an ocean." Similarly, if one continues to invest in DCA method year after year, his investment portfolio will gradually grow in size, maybe that investment portfolio will be as big as a continent or an ocean. By investing in the DCAing method, one can become a rich investor if he invests patiently for a few years.


Title: Re: DCA: the power of little beginning
Post by: kryptqnick on March 05, 2024, 04:58:57 PM
It's wonderful that the op managed to escape an unfortunate routine of trading which wasn't doing anything good, and that trying DCA has really worked out well. I tried trading a while ago and quickly realized that it wasn't my thing and that I wasn't motivated to learn more and take more risks. 2 years is a long time, so it must have been harder to finally let go, but letting go was a good decision. DCA is nice and simple, it makes sense, and it takes away the stress of trying to analyse the market. Sometimes it's better, sometimes it's worth, but it's decent overall.


Title: Re: DCA: the power of little beginning
Post by: snowpega on March 05, 2024, 05:20:18 PM
Dear, yes surely DCA (Doller-cost-average) is the best Technique for the accumulation of Bitcoin where we can get a good amount of profit with our average buying at the end of the day. Indeed a lot of forum member have shared their strategies for doing DCA to get good profit at the end of the day. You also have aforementioned some of them. To be very honest, I also learned a lot from these members you mentioned above. When I started my journey of investing in Bitcoin these members helped me the best way of investing.

i also had created a thread a time ago over this Hot discussion a time ago where many of the senior/experienced member has shared their best knowledge with me and it really help me a lot. You can also have a look here ....>>>"Lump sum Vs DCA" for Bitcoin Accumulation (https://bitcointalk.org/index.php?topic=5470916.msg63020867#msg63020867) You also may see some good opinion and dicusiion in this thread. Must share your opinion here if you find some good comments. Many Thanks!


Title: Re: DCA: the power of little beginning
Post by: kentrolla on March 05, 2024, 05:35:42 PM
I have been doing DCA for a while now and trust me I never thought it would be so profitable and at the same time stress free now I only regret that why didn't I start this earlier and I'll always suggest any one who wants to earn decent profit without having to monitor the market round the clock to go for DCA. I think this should be basic which everyone should be doing assuming it's a insurance premium which we are paying for a much better future.


Title: Re: DCA: the power of little beginning
Post by: WatChe on March 05, 2024, 05:48:17 PM
It's wonderful that the op managed to escape an unfortunate routine of trading which wasn't doing anything good, and that trying DCA has really worked out well. I tried trading a while ago and quickly realized that it wasn't my thing and that I wasn't motivated to learn more and take more risks. 2 years is a long time, so it must have been harder to finally let go, but letting go was a good decision. DCA is nice and simple, it makes sense, and it takes away the stress of trying to analyse the market. Sometimes it's better, sometimes it's worth, but it's decent overall.

It's very much true that majority of short term traders fail in crypto and success is when you invest for longer duration. With DCA, you need patience and trust in Bitcoin that it will rise with time. There are many tools available online that tells you what DCA has given to investors previously. DCA is best for people who don't have huge money to invest at one time rather they have small money at there disposal which they can bring to Bitcoin every week or month.


Title: Re: DCA: the power of little beginning
Post by: The Cryptovator on March 05, 2024, 09:25:57 PM
DCA is one of the most popular accumulation strategies right now in the crypto world. Those who are afraid to accumulate Bitcoin at once can easily accumulate through the DCA strategy. But for DCA investors, they should hold for longer to get the appropriate result and should have enough patience as well. We can invest from our monthly savings through the DCA strategy; we just can't liquidate whenever we want with profits. To make good profits, you must intend to hold on for a long time. 


Title: Re: DCA: the power of little beginning
Post by: ObscurePen on March 06, 2024, 01:33:32 AM
There have been so many new threads made about this DCA method. Everyone is making such a big deal about a very simple rule of investing. Everyone should really just search up if what they are posting about has been posted before. These articles I got from simply searching up "DCA bitcointalk" on Google.

A Complete Guide for Cryptocurrency Newbies "The Best Way Of DCA" (https://bitcointalk.org/index.php?topic=5470435.0)

Lump sum Vs DCA" for Bitcoin Accumulation (https://bitcointalk.org/index.php?topic=5470916.0)

DCA method (https://bitcointalk.org/index.php?topic=5469800.0)

DCA is the most important in investing. (https://bitcointalk.org/index.php?topic=5485234.0)

Have a clear understanding of what DCA means (https://bitcointalk.org/index.php?topic=5467263.0)

What do you think? Lump sum vs DCA best accumulation strategy. (https://bitcointalk.org/index.php?topic=5484624.0)

DCA (Dollar Cost Averaging) method is a simple way to invest in Bitcoin (https://bitcointalk.org/index.php?topic=5481151.20)

Bitcoin Investing - DCA (https://bitcointalk.org/index.php?topic=5476808.0)

DCA'ing isnt a bad strategy (https://bitcointalk.org/index.php?topic=5466128.0)

How DCA Could Have Prevented Your from Losing More (https://bitcointalk.org/index.php?topic=5399562.0)

Benefits of following DCA- Dollar Cost Averaging (https://bitcointalk.org/index.php?topic=5168667.0)

High transaction fees affects those who DCA (https://bitcointalk.org/index.php?topic=5475527.0)

Campaign a cheap DCA method. (https://bitcointalk.org/index.php?topic=5480165.0)

The Importance of Consolidation, Especially with Dollar-Cost Averaging (DCA) (https://bitcointalk.org/index.php?topic=5484866.0)

Which amount of money is good for me to spend on DCA? (https://bitcointalk.org/index.php?topic=5477099.0)



Title: Re: DCA: the power of little beginning
Post by: Fuso.hp on March 06, 2024, 01:59:46 AM
DCA investment method is very effective and very easy investment method for investors. Most investors have managed to hold their investments for a long time by investing in the DCA investment method. Investing was very difficult for investors until they did not know about DCA investment method. But the DCA investment method has made investing much easier. Now any professional person can invest in this investment strategy and since he can invest as he wants he can hold his investment for a long time due to which he gets a good profit at the end of the specified period. Now most of the investors are investing in this investment strategy and they are getting success.


Title: Re: DCA: the power of little beginning
Post by: Darker45 on March 06, 2024, 02:38:29 AM
DCA, of course, is a good buying strategy. It makes you forget about timing the market. It is, after all, a difficult thing to be accurate about.

However, we should be realistic with DCA as well. DCA could have a different face, an ugly one more or less. Buying little amounts every once in a short while also means you're accumulating UTXOs. Buying $10 or $20 worth of Bitcoin weekly or bi-weekly could mean you'll have 40 UTXOs or 20 UTXOs, respectively, in just 10 months. That's going to be a heavy transaction once you spend it. You need to monitor the mempool and consolidate them once the transaction fees are low.


Title: Re: DCA: the power of little beginning
Post by: Smack That Ace on March 06, 2024, 03:47:46 AM
DCA, of course, is a good buying strategy. It makes you forget about timing the market. It is, after all, a difficult thing to be accurate about.

However, we should be realistic with DCA as well. DCA could have a different face, an ugly one more or less. Buying little amounts every once in a short while also means you're accumulating UTXOs. Buying $10 or $20 worth of Bitcoin weekly or bi-weekly could mean you'll have 40 UTXOs or 20 UTXOs, respectively, in just 10 months. That's going to be a heavy transaction once you spend it. You need to monitor the mempool and consolidate them once the transaction fees are low.

I think there won't be too many people holding bitcoin in non-custodial wallets, most will hold it on the exchange and they will DCA every time they have money. Everyone knows about bitcoin's transaction fees, and especially retail investors like us care about that more than anything else.

It is very difficult for us to accumulate 50-100 USD/week/month while having to spend 5-7 USD per transaction, not to mention those who only save 10-20 USD per month, will they accept that fee? That's obviously not realistic. I think no one will accept that even though everyone knows the risks of leaving bitcoin on centralized exchanges.


Title: Re: DCA: the power of little beginning
Post by: Hewlet on March 06, 2024, 04:10:44 AM
Before now, I have underrated the DCA method just because I thought it was only meant for bitcoin. It was when I read a documentary about DCA as the most effective and stressed free way of being wealthy. I have had little/no respect for DCA but it is the most peaceable way to invest in bitcoin.

DCA is not necessary only for low income earners. It is also used by the wealthy and other experienced traders or investors when the market is not so certain.
true, the DCA method isn't just applicable to Bitcoin investments only, in real life, if one applies the method it would go a long  in improving on how we go about gathering our asset.

It's another way of climbing the ladder to the top following a step at a time such that after achieving a particular set goal will go on do achieving another and then another and within some shortest possible time we must have achieved a bunch of unimaginable goals. I've equally been following up the JJg thread on buying the DIP and HODling and one of the best strategy that has proven to be most effective both for beginners that aren't all that financially strong and old timers that are not ready to buy in bilk is the use of the DCA method.


Title: Re: DCA: the power of little beginning
Post by: Silberman on March 06, 2024, 08:57:49 AM
DCA, of course, is a good buying strategy. It makes you forget about timing the market. It is, after all, a difficult thing to be accurate about.

However, we should be realistic with DCA as well. DCA could have a different face, an ugly one more or less. Buying little amounts every once in a short while also means you're accumulating UTXOs. Buying $10 or $20 worth of Bitcoin weekly or bi-weekly could mean you'll have 40 UTXOs or 20 UTXOs, respectively, in just 10 months. That's going to be a heavy transaction once you spend it. You need to monitor the mempool and consolidate them once the transaction fees are low.

I think there won't be too many people holding bitcoin in non-custodial wallets, most will hold it on the exchange and they will DCA every time they have money. Everyone knows about bitcoin's transaction fees, and especially retail investors like us care about that more than anything else.

It is very difficult for us to accumulate 50-100 USD/week/month while having to spend 5-7 USD per transaction, not to mention those who only save 10-20 USD per month, will they accept that fee? That's obviously not realistic. I think no one will accept that even though everyone knows the risks of leaving bitcoin on centralized exchanges.
That is a concern without a doubt for small investors, but it is one that can be resolved by simply accumulating several bitcoin purchases and waiting for the fees to be low whenever you want to send your coins out of an exchange, this way you can reduce the fees you need to pay, and at the same time in the case the exchange you were using collapsed or scammed everyone, you would only lose a small portion of your money and not all of your holdings.


Title: Re: DCA: the power of little beginning
Post by: Kelward on March 06, 2024, 01:02:12 PM
Bitcoin is one of the best investments that anybody can have, it doesn't matter your class in the society, so far you're making money no matter how small, you can be an investor in it. To go into other forms of investments can require a huge start up investment capital, but the DCA method makes it very easy for anybody to start Bitcoin investment journey, and the beauty of it is that you're not in competition with anybody, you'll just be accumulating at your own pace. It's true that Bitcoin DCA method is not specifically for low income earners, even rich people that wants to put the investment in their weekly or monthly budget can also adopt the method.


Title: Re: DCA: the power of little beginning
Post by: moneystery on March 06, 2024, 01:34:49 PM
dca is a method that is quite helpful for investors who want to buy bitcoin in smaller and more affordable amounts. investors who try this method can adjust their budget and buy bitcoin continuously and consistently until their goals are achieved. even though with this method investors cannot get maximum profits, if they hold bitcoin for a longer period of time they can get profits from this investment. the point is how investors can consistently buy bitcoin and store it in their wallet and sell at the right time, so that they can get maximum profit.


Title: Re: DCA: the power of little beginning
Post by: NewRanger on March 06, 2024, 02:52:32 PM
Bitcoin is one of the best investments that anybody can have, it doesn't matter your class in the society, so far you're making money no matter how small, you can be an investor in it. To go into other forms of investments can require a huge start up investment capital, but the DCA method makes it very easy for anybody to start Bitcoin investment journey, and the beauty of it is that you're not in competition with anybody, you'll just be accumulating at your own pace. It's true that Bitcoin DCA method is not specifically for low income earners, even rich people that wants to put the investment in their weekly or monthly budget can also adopt the method.

I think anyone must really understand which part we will take so that in the future we get maximum returns and minimum risks, whether we are comfortable with the DCA technique or maybe there are other superior ones.

What is certain is that if we invest, we must invest without pressure and fear, otherwise we will pay attention to the prices and charts almost every day and one more thing is the main point, good news as a trigger to increase demand for bitcoin. If there is good news I am sure investors will come and buy it without advice from anyone.


Title: Re: DCA: the power of little beginning
Post by: AVE5 on March 06, 2024, 04:04:42 PM
I am new into this bitcoin sphere and I must say this that I've interests in learning more about bitcoin especially on the accumulating strategy so that I could always stand at the safer side. I usually do not like reading lengthy posts by at the tag of DCA in this thread, I got submitted to ready all through if truly I needed to impact and improve on my bitcoin investment race. You made the DCA accumulation analysis more understanding to me and I feel like I was a suck all these while due to how in haste I'm usually been in purchasing my bitcoin.
I thought as much that bitcoin investment is similar to the stock investments which you need to purchase and stock more than enough once and for all with a very high capital to start with. Because in stock business you considers time going to the market purchase your goods and restock, considers customers impatient if you don't make their demands available and also as the Transportations. After considering all these you'd have to purchase and stocked more than enough to safe time, transportation fees and meeting up the customers needs at any given time. And during inflations the rate of goods and services are usually high which the higher you buy is the higher you sell too to make your profits.
I was really blind all those while purchasing bitcoin with a whole budget of fund for it without undermining the markete condition and at most, I've always bought my bitcoin when the price was high which I think I was going to sell on a higher price too.
Indeed life is a learning process. So far so good applying the DCA method is the best and safest way for accumulating bitcoin.


Title: Re: DCA: the power of little beginning
Post by: Bloodseekers on March 06, 2024, 04:30:29 PM
dca is a method that is quite helpful for investors who want to buy bitcoin in smaller and more affordable amounts. investors who try this method can adjust their budget and buy bitcoin continuously and consistently until their goals are achieved. even though with this method investors cannot get maximum profits, if they hold bitcoin for a longer period of time they can get profits from this investment. the point is how investors can consistently buy bitcoin and store it in their wallet and sell at the right time, so that they can get maximum profit.
Everyone who has the desire to invest in Bitcoin can certainly use this strategy if they have not been able to collect a large amount and we can set a time according to our wishes to buy it according to the abilities we have and by doing it regularly we will be able to get a profit from the investment what we do is and we also don't be easily influenced by market conditions which experience a decline after we buy it, in fact we can take advantage of this to be able to collect more than usual.

You are right, when investors can carry out this strategy well of course they will be able to get big profits from what they have invested some of the savings they have.


Title: Re: DCA: the power of little beginning
Post by: MFahad on March 06, 2024, 04:57:18 PM
A lot of investors simply ignore this method because they think they won't be able to get any profit if they buy in small amounts instead of thinking about the long-term outcome of this method which can give someone a great sum of Bitcoin if they keep buying with whatever amount they have, as they say, something is better than nothing.
Such people would try to accumulate and save money in fiat so that they can buy in lumpsum once they see a reasonable price, but this isn't an effective way because you would barely be able to keep that money without spending it if there is a need or an emergency. So it's better if someone invests the money in portions instead of waiting for a specific time.


Title: Re: DCA: the power of little beginning
Post by: HideYourKeys on March 06, 2024, 05:00:20 PM
great post mate, it is true that sometimes it is better to make the biggest investment possible, the sooner the better, but DCA would be the 2nd best option imho (sometimes there is a 2nd best  )


Title: Re: DCA: the power of little beginning
Post by: someone703 on March 06, 2024, 05:31:09 PM
Even big-time crypto holders know the value of DCA. It's like a financial safety net, catching you if the price dips after you buy. By spreading out your purchases over time, you reduce the risk of buying at an all-time high and maximize the potential to snag coins at a good price. DCA isn't a magic money-making machine. It doesn't guarantee profits, but it can help smooth out the volatility that crypto is famous for.

But wait, can't holders still lose money? While holding means you avoid the trading fees associated with frequent buying and selling, the value of your assets can still fluctuate. If the price drops significantly, the value of your holdings will decrease. However, unlike traders who might realize those losses by selling their coins, holders simply experience an unrealized loss on paper. The key is to believe in the long-term potential of your investment and hold on through the ups and downs.


Title: Re: DCA: the power of little beginning
Post by: Darker45 on March 07, 2024, 12:06:41 AM
DCA, of course, is a good buying strategy. It makes you forget about timing the market. It is, after all, a difficult thing to be accurate about.

However, we should be realistic with DCA as well. DCA could have a different face, an ugly one more or less. Buying little amounts every once in a short while also means you're accumulating UTXOs. Buying $10 or $20 worth of Bitcoin weekly or bi-weekly could mean you'll have 40 UTXOs or 20 UTXOs, respectively, in just 10 months. That's going to be a heavy transaction once you spend it. You need to monitor the mempool and consolidate them once the transaction fees are low.

I think there won't be too many people holding bitcoin in non-custodial wallets, most will hold it on the exchange and they will DCA every time they have money. Everyone knows about bitcoin's transaction fees, and especially retail investors like us care about that more than anything else.

It is very difficult for us to accumulate 50-100 USD/week/month while having to spend 5-7 USD per transaction, not to mention those who only save 10-20 USD per month, will they accept that fee? That's obviously not realistic. I think no one will accept that even though everyone knows the risks of leaving bitcoin on centralized exchanges.

I'm not sure what percentage of those who do the DCA method keep their Bitcoin in non-custodial wallets and what percentage keep theirs on centralized exchanges. I'm not even sure if those who are advising others to DCA are doing it themselves. What I know is that accumulating Bitcoin little by little on centralized exchanges has additional risks.

It is possible that some of those who DCA in their non-custodial wallets don't care about the fees for now as they're hodling it. They intend to keep it long-term. They're probably more focused in growing their Bitcoin portfolio. Later on, the fees might surprise them.


Title: Re: DCA: the power of little beginning
Post by: Alana Arden on March 07, 2024, 08:59:13 AM
DCA is one such method; It has been termed as the most convenient way to gradually accumulate bitcoins without worrying about bitcoin price movements. DCA is a very simple and effective investment method for Bitcoin investors, and it is currently one of the most popular savings strategies in the crypto sector. However, many investors ignore this method because using this strategy means you have very little chance of making really big profits. As a result, they are patient and don't care about long-term results. But we also have to remember that it is better to accumulate a little than nothing because we have to work our way up from the bottom. If we don't have enough money to invest in Bitcoin, we can start investing with DCA method with small amount of money. This is a good choice or plan to collect bitcoins, as it helps you get a decent amount of bitcoins based on the investment amount.


Title: Re: DCA: the power of little beginning
Post by: BALIK on March 07, 2024, 09:32:00 AM

Such people would try to accumulate and save money in fiat so that they can buy in lumpsum once they see a reasonable price, but this isn't an effective way because you would barely be able to keep that money without spending it if there is a need or an emergency. So it's better if someone invests the money in portions instead of waiting for a specific time.

Depending on each person's strategy, those with knowledge of technical analysis and market data will choose to buy when BTC reaches their desired price instead of DCA. And not everyone spends all their investment money like you do because no matter what investment method you use, you need to be clear in managing your capital. The amount of money for investment and the amount of savings and daily expenses must be completely separate. If you can't do that, even if you own bitcoins, you'll still sell them if you don't have emergency savings.


Title: Re: DCA: the power of little beginning
Post by: Smack That Ace on March 07, 2024, 10:11:55 AM
DCA, of course, is a good buying strategy. It makes you forget about timing the market. It is, after all, a difficult thing to be accurate about.

However, we should be realistic with DCA as well. DCA could have a different face, an ugly one more or less. Buying little amounts every once in a short while also means you're accumulating UTXOs. Buying $10 or $20 worth of Bitcoin weekly or bi-weekly could mean you'll have 40 UTXOs or 20 UTXOs, respectively, in just 10 months. That's going to be a heavy transaction once you spend it. You need to monitor the mempool and consolidate them once the transaction fees are low.

I think there won't be too many people holding bitcoin in non-custodial wallets, most will hold it on the exchange and they will DCA every time they have money. Everyone knows about bitcoin's transaction fees, and especially retail investors like us care about that more than anything else.

It is very difficult for us to accumulate 50-100 USD/week/month while having to spend 5-7 USD per transaction, not to mention those who only save 10-20 USD per month, will they accept that fee? That's obviously not realistic. I think no one will accept that even though everyone knows the risks of leaving bitcoin on centralized exchanges.

I'm not sure what percentage of those who do the DCA method keep their Bitcoin in non-custodial wallets and what percentage keep theirs on centralized exchanges. I'm not even sure if those who are advising others to DCA are doing it themselves. What I know is that accumulating Bitcoin little by little on centralized exchanges has additional risks.

It is possible that some of those who DCA in their non-custodial wallets don't care about the fees for now as they're hodling it. They intend to keep it long-term. They're probably more focused in growing their Bitcoin portfolio. Later on, the fees might surprise them.

As I also said, I agree that holding bitcoins on centralized exchanges is very risky but the problem is that bitcoin transaction fees are not trivial for retail investors. So I'm really skeptical of anyone who says they're still DCAing every week and storing bitcoin in a non-custodial wallet. I don't remember exactly who it was, but someone once said that their income was only 30 USD/month and they were still accumulating satoshis every day. So in your opinion, are these people brave enough to spend 5-7 USD per transaction? Sounds too unrealistic, right?
But the solution Silberman mentioned isn't too bad and maybe some people are using it.


Title: Re: DCA: the power of little beginning
Post by: CageMabok on March 07, 2024, 10:26:56 AM
great post mate, it is true that sometimes it is better to make the biggest investment possible, the sooner the better, but DCA would be the 2nd best option imho (sometimes there is a 2nd best  )
If it is the second best option in terms of investment, of course it is still worthy enough to be used by everyone and can still be relied on under certain conditions. Because this can also be adjusted to the conditions of each person's abilities when they want to invest for the long term without making it more difficult for them to control their life. I still quite like using this option in my investments so far because it is really good and I also consider it my first option in terms of investment.


Title: Re: DCA: the power of little beginning
Post by: btc78 on March 07, 2024, 10:43:15 AM
Congratulations, op! Patience is truly a virtue and it is something we need to have the most when it comes with DCA method. Some people might get frustrated and would want to buy huge amounts of bitcoin already and then end up with nothing. A few satoshis is better than nothing. Of course we  should always aim for more but sometimes we have to accept what we are capable of right now and just take the long road.

May you serve as an inspiration to others!


Title: Re: DCA: the power of little beginning
Post by: lovesmayfamilis on March 07, 2024, 11:42:52 AM
DCA can actually be used anywhere. The principle is so simple, and some people use it without even knowing the definition of the entire abbreviation. Leave 10 percent of your regular earnings. The American dream of becoming a millionaire and having a million also meant saving a few percent of any profits. Knowing about Bitcoin today, anyone who can earn their income and limit themselves to some part for holding can become an investor. There were many surveys on the topic: if your salary is enough for you, then can you live without one of its ten parts? Many of the responses were positive. All that remains is to make the right and necessary decisions.


Title: Re: DCA: the power of little beginning
Post by: 0t3p0t on March 07, 2024, 12:02:22 PM
Trading is very risky for me and it gives me a lot of stress because I am not having enough knowledge about it though I only knew a few but still needs more of it that is why I only earn and hodl with the use of dollar cost averaging technique as it does not need so much time and effort to gain profit compared to trading. Why I switched into DCA is also because I want my Bitcoin holdings I mean the quantity to go up because I wanted it to reach 1 BTC that is my target.



Title: Re: DCA: the power of little beginning
Post by: Solokan on March 07, 2024, 01:08:58 PM
DCA strategy is a good strategy for collecting bitcoins, it can be once a week or once a month, depending on our abilities and to be honest, I personally also like using the DCA system and I personally can also gain knowledge because I join this forum and often read posts by great people on this forum. . However, using the DCA system is of course for those who want to invest in BTC for the long term and only money that is ready to be lost is worth putting in Bitcoin. and the DCA system can also be used for those who have small and big incomes, so the DCA system is a good system and helps for all groups.

If you are proud of yourself, of course that is normal and it seems that now you have felt the benefits of the DCA system and as a friend I feel happy to see that you have successfully implemented the DCA system.

Yes, it seems like there are a lot of members on this forum who use the DCA system and certainly since the bear market there are definitely more who do.

Yes, by using the DCA system, even if our collect a little bit of BTC, it will become a hill over time and of course I want to congratulate you for successfully using the DCA system and you have become a good example for everyone.


Title: Re: DCA: the power of little beginning
Post by: bettercrypto on March 07, 2024, 01:41:20 PM
Even when the DCA method has never been bad to use just so we can accumulate crypto assets that will give us profit, Any cryptocurrency will help, to be honest. Until now, there have been many people using it, including me.

dca also teaches us how we can use discipline on ourselves to accumulate savings that we think will help us in the future. And this DAC has been proven and tested.

Trading is very risky for me and it gives me a lot of stress because I am not having enough knowledge about it though I only knew a few but still needs more of it that is why I only earn and hodl with the use of dollar cost averaging technique as it does not need so much time and effort to gain profit compared to trading. Why I switched into DCA is also because I want my Bitcoin holdings I mean the quantity to go up because I wanted it to reach 1 BTC that is my target.

It is true that the risk in trading is high, it cannot be done without knowledge of trading, instead, it needs to be learned honestly and dedicated.


Title: Re: DCA: the power of little beginning
Post by: livingfree on March 07, 2024, 02:06:21 PM
Even when the DCA method has never been bad to use just so we can accumulate crypto assets that will give us profit, Any cryptocurrency will help, to be honest. Until now, there have been many people using it, including me.
At this season of the market, I'd say the same thing that it is applicable to almost every cryptocurrency that you might feel of DCAing. But of course, this is more helpful and usable if you'll do it with Bitcoin.

dca also teaches us how we can use discipline on ourselves to accumulate savings that we think will help us in the future. And this DAC has been proven and tested.
It is proven and tested, without a doubt. And I agree that when someone has learned how to DCA, it's not just all about the practice of accumulating and saving crypto.

But it's also about the thought that you're saving money and keeping it for your future. You'll develop that character and it will help you grow your finances in the right time.


Title: Re: DCA: the power of little beginning
Post by: Blitzboy on March 07, 2024, 03:15:01 PM
See who came around the corner! Congratulations on becoming part of the wise group where DCA is a lifesaver. The change from a "profit-and-loss seesaw" to a disciplined investment method takes a lot of time and work. You know how to really build wealth, while most people dont. DCA trains people to be patient, strong, and most of all, humble. It leads from the whims of the market to small-scale control. No matter how big or small it is, your portfolio shows that you believe in Bitcoin's basics and are dedicated to a bigger goal than daily fluctuation.

Your story isnt just a win; it guides people who are lost in quick wins. You, unlike many others, have learned to enjoy weak markets. Now thats smart investment. Don't let up, though. Investment and self-discovery never end. Dont stop pushing yourself, learning, and giving. Your trip doesnt end; it has only stops along the way. Remember that the bravest thing you can do in Bitcoin and investing is to keep going, even when things get hard. Congratulations on all you've done and all the best for the future!










Title: Re: DCA: the power of little beginning
Post by: pawanjain on March 07, 2024, 03:56:04 PM
I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading. This mindset have held me moving round the same cycle of profits and losses for over two years with no progress despite the pains and psychological torture that comes with losing streak in trading. Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading. It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!

Today I am a proud Bitcoin investor, with a portfolio that I can call an achievement even though it may not be something too big for some people. I am not making this post because of Bitcoin is rising in price, my focus is on the quantity of Bitcoin and not necessarily the dollar value. Besides, the DCA method has molded me to appreciate bear markets because that is the opportunity to collect more Bitcoin at lower prices.

I am sure there are many people with similar thing to say about the DCA method because I have engaged in many discussions where a good number of forum users confirmed to be using the DCA method, so I expect they will also be proud of what they have achieved through it.

To those who really helped in sharing their wealth of knowledge free of charge in this forum like @JayJuanGee, @Wind_FURY, @tranthidung and many others, you are all highly appreciated.


It is good that you have purchased your coins using DCA which is by far the simplest yet effective strategy to accumulate bitcoins over a long term.
It is a proven technique to earn profits over the long term and Microstrategy is the best example for it.
They have been buying bitcoin at regular intervals and has accumulated a lot over time.
Fortunately I have been able to accumulate using the same strategy and hold a decent amount of BTC now.


Title: Re: DCA: the power of little beginning
Post by: dzungmobile on March 07, 2024, 04:32:27 PM
Trading is very risky for me and it gives me a lot of stress because I am not having enough knowledge about it though I only knew a few but still needs more of it that is why I only earn and hodl with the use of dollar cost averaging technique as it does not need so much time and effort to gain profit compared to trading. Why I switched into DCA is also because I want my Bitcoin holdings I mean the quantity to go up because I wanted it to reach 1 BTC that is my target.
This is your good strategic change from trading to investing.

Trading is one of best way to, sorry but not to help you to increase your capital, indeed to lose your capital and lose your bitcoin.

Investing, in contrast, can help you to increase your portfolio value, that is ultimate goal of your investment. And if possible, if you are experienced enough, can increase your bitcoin too but this is not most important. So holding is enough to succeed in investment but with a big if, you must hold your bitcoin in your own non custodial wallet.

With investment, DCA is a good strategy to accumulate bitcoins with time, without stress.


Title: Re: DCA: the power of little beginning
Post by: CryptopreneurBrainboss on March 08, 2024, 10:57:35 PM
There have been so many new threads made about this DCA method. Everyone is making such a big deal about a very simple rule of investing. Everyone should really just search up if what they are posting about has been posted before. These articles I got from simply searching up "DCA bitcointalk" on Google.

I don't mind people making a big deal out of it, it mustn't be a big deal to you because you already know of the strategy but for those just discovering how effective the strategy is, it'll mean a big deal to them. I don't mind people reminding others of the strategy every now and then because alot of investors are still thinking other strategies are the best investment strategy meanwhile it's DCA. Both the whales uses this strategy and it isn't a coincidence.

It doesn't matter if you have the money or not to buy Bitcoin one time, don't do it but DCA and see how better this strategy is. Every thread is different from the other and when things are exactly the same, the contributions won't be the same. How do people learn when there's no thread for them to contribute to. When a thread isn't spamming I don't mind seeing them get repeated often. We have different people on the forum and our thoughts are different and we adding our own little knowledge to the topic of discussion adds more wisdoms for those reading the thread.

There isn't much to be discussing on Bitcoin as our discussion is cycle around the bear and bull market. When we see topics that aren't written with the intention of spamming the forum we shouldn't discourage them, but encouraged them to do better.


Title: Re: DCA: the power of little beginning
Post by: Obim34 on March 09, 2024, 09:04:19 AM
I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading. This mindset have held me moving round the same cycle of profits and losses for over two years with no progress despite the pains and psychological torture that comes with losing streak in trading. Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading. It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!

Today I am a proud Bitcoin investor, with a portfolio that I can call an achievement even though it may not be something too big for some people. I am not making this post because of Bitcoin is rising in price, my focus is on the quantity of Bitcoin and not necessarily the dollar value. Besides, the DCA method has molded me to appreciate bear markets because that is the opportunity to collect more Bitcoin at lower prices.

I am sure there are many people with similar thing to say about the DCA method because I have engaged in many discussions where a good number of forum users confirmed to be using the DCA method, so I expect they will also be proud of what they have achieved through it.

To those who really helped in sharing their wealth of knowledge free of charge in this forum like @JayJuanGee, @Wind_FURY, @tranthidung and many others, you are all highly appreciated.


It is good that you have purchased your coins using DCA which is by far the simplest yet effective strategy to accumulate bitcoins over a long term.
It is a proven technique to earn profits over the long term and Microstrategy is the best example for it.
They have been buying bitcoin at regular intervals and has accumulated a lot over time.
Fortunately I have been able to accumulate using the same strategy and hold a decent amount of BTC now.
The DCA strategy is absolute unique, being applied with no chances of affecting one's cost of living. Much is not expected to be wholesomely invested, it goes with little fractions that later on builds into bigger portion of what becomes in our portfolio. Maybe not just the DCA alone I have also learnt a few other strategies that can aswell be compiled with the DCA method to achieve greater results.


Title: Re: DCA: the power of little beginning
Post by: cryptoWODL on March 09, 2024, 12:44:11 PM
The DCA strategy is absolute unique, being applied with no chances of affecting one's cost of living. Much is not expected to be wholesomely invested, it goes with little fractions that later on builds into bigger portion of what becomes in our portfolio. Maybe not just the DCA alone I have also learnt a few other strategies that can aswell be compiled with the DCA method to achieve greater results.
Investing in DCA method seems to me to be a simple and recommended strategy. There are many of us who cannot afford to buy a large amount of bitcoins at once but buy bitcoins in fractions through this method. Those of us who invest in the Dollar Cost Averaging method have a specific goal in mind which is to invest in Bitcoin with whatever money we have left over excluding our necessary expenses, be it monthly or weekly. There are many investors or members who regularly invest in DCA method. By investing in this way we can grow our investment portfolio if we do it patiently for a long period of time.


Title: Re: DCA: the power of little beginning
Post by: Helena Yu on March 09, 2024, 01:24:03 PM
Investing in DCA method seems to me to be a simple and recommended strategy. There are many of us who cannot afford to buy a large amount of bitcoins at once but buy bitcoins in fractions through this method. Those of us who invest in the Dollar Cost Averaging method have a specific goal in mind which is to invest in Bitcoin with whatever money we have left over excluding our necessary expenses, be it monthly or weekly. There are many investors or members who regularly invest in DCA method. By investing in this way we can grow our investment portfolio if we do it patiently for a long period of time.
Even you have a lot money, it's still recommendable to buy Bitcoin using DCA strategy because not all people can able to take risk to buy at once. The goal of Bitcoin investment is long term, to make you able to retire early, not for increasing your life style.

You can use Bitcoin for trading, but it's gonna take your time to check the chart for everyday or even every hour, so it's kind of time wasting.


Title: Re: DCA: the power of little beginning
Post by: Dunamisx on March 09, 2024, 01:35:20 PM
If what its going to require from us to at least have a beginning in making investment in bitcoin is to start by the pattern of DCA, then its fine and good and we should not got ourselves discouraged in that because it is more better starting such way than doing nothing at all, many people already have procrastinated their investment from years back to this present days and never concluded on making determination to invest and stop the procrastination they have been used to over time.


Title: Re: DCA: the power of little beginning
Post by: Crypto Library on March 09, 2024, 01:49:36 PM
The proverb you have mentionedy to y ::)our topic it is the main power of investing on bitcoin with DCA method. DCA Method investing in Bitcoin is the best for all kinds of invest for whale to small newbies Investor. I have seen many users who were holdings and get in proved before  the starting bull leave and Now it seems my current fund price is over the 2x. So I wont gonna say anything about how it could be positive but  I think investing special on bitcoin make. I would like to say that anything you are just buy bitcoin what you can afford  like it can be a regular investment on weekil or monthh9.


Title: Re: DCA: the power of little beginning
Post by: blckhawk on March 09, 2024, 02:28:44 PM
DCA can actually be used anywhere. The principle is so simple, and some people use it without even knowing the definition of the entire abbreviation. Leave 10 percent of your regular earnings. The American dream of becoming a millionaire and having a million also meant saving a few percent of any profits. Knowing about Bitcoin today, anyone who can earn their income and limit themselves to some part for holding can become an investor. There were many surveys on the topic: if your salary is enough for you, then can you live without one of its ten parts? Many of the responses were positive. All that remains is to make the right and necessary decisions.
The problem with some people that do DCA is that they're not improving in terms of how much they're investing, if you're doing DCA of about 100 USD a month, it's not going to make you a millionaire anytime soon, probably the best thing that you can do is to try and increase what you're adding in your hoard by increasing the amount of money that you're putting in, just make it 105 USD next month and you're good to go, make the improvement consistent which woulf mean that you're also going to be improving your career or else, you're not going to be sustaining that growth that you're putting in your DCA.

I don't know about the American dream though, it's been a talk for so long now, I don't even know if that's a true thing, maybe it will only happen when you're asleep or something like that, no poverty present if the American Dream is real if you feel me.


Title: Re: DCA: the power of little beginning
Post by: dothebeats on March 09, 2024, 02:33:39 PM
This is what other people have been missing the whole time. Most are focused on the dollar value and the huge profits while ignoring that little trickles make a huge pond in the end. I've been DCAing since 2016 and it has been the best decision ever, as it made my life a little comfortable and a little better than it was before. Sure, I may not be having millions of $, but I was able to save a considerable sum of money and have investments that appreciates in value without me tending to it. It's a long road, but it pays off eventually.


Title: Re: DCA: the power of little beginning
Post by: pawanjain on March 09, 2024, 02:34:48 PM
I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading. This mindset have held me moving round the same cycle of profits and losses for over two years with no progress despite the pains and psychological torture that comes with losing streak in trading. Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading. It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!

Today I am a proud Bitcoin investor, with a portfolio that I can call an achievement even though it may not be something too big for some people. I am not making this post because of Bitcoin is rising in price, my focus is on the quantity of Bitcoin and not necessarily the dollar value. Besides, the DCA method has molded me to appreciate bear markets because that is the opportunity to collect more Bitcoin at lower prices.

I am sure there are many people with similar thing to say about the DCA method because I have engaged in many discussions where a good number of forum users confirmed to be using the DCA method, so I expect they will also be proud of what they have achieved through it.

To those who really helped in sharing their wealth of knowledge free of charge in this forum like @JayJuanGee, @Wind_FURY, @tranthidung and many others, you are all highly appreciated.


It is good that you have purchased your coins using DCA which is by far the simplest yet effective strategy to accumulate bitcoins over a long term.
It is a proven technique to earn profits over the long term and Microstrategy is the best example for it.
They have been buying bitcoin at regular intervals and has accumulated a lot over time.
Fortunately I have been able to accumulate using the same strategy and hold a decent amount of BTC now.
The DCA strategy is absolute unique, being applied with no chances of affecting one's cost of living. Much is not expected to be wholesomely invested, it goes with little fractions that later on builds into bigger portion of what becomes in our portfolio. Maybe not just the DCA alone I have also learnt a few other strategies that can aswell be compiled with the DCA method to achieve greater results.

You know what, I have been DCAing bitcoin as well as stocks from last 3-4 years and it has been of a decent size now.
To be honest, you won't recognize it's effectiveness until a few years and then one day you will suddenly realize that the total amount has become significant.
The effectiveness of DCAing is that it compounds over time and the power of compounding becomes huge.


Title: Re: DCA: the power of little beginning
Post by: Troytech on March 09, 2024, 03:00:25 PM
I won't be saying much about my personal experience with DCA but it's a good strategy to accumulate bitcoin if you are not very rich or have enough capital to lump sum at once.

DCA can also have a bad side, if you end up buying too much at very high price like during the bull and you end up with a higher buying average for lesser coins, so it's also nice you mix up your dca with other strategies to keep you well ahed in your investment.

The DCA strategy is absolute unique, being applied with no chances of affecting one's cost of living. Much is not expected to be wholesomely invested, it goes with little fractions that later on builds into bigger portion of what becomes in our portfolio. Maybe not just the DCA alone I have also learnt a few other strategies that can aswell be compiled with the DCA method to achieve greater results.
Investing in DCA method seems to me to be a simple and recommended strategy. There are many of us who cannot afford to buy a large amount of bitcoins at once but buy bitcoins in fractions through this method. Those of us who invest in the Dollar Cost Averaging method have a specific goal in mind which is to invest in Bitcoin with whatever money we have left over excluding our necessary expenses, be it monthly or weekly. There are many investors or members who regularly invest in DCA method. By investing in this way we can grow our investment portfolio if we do it patiently for a long period of time.

You seem to be mis understanding DCA, it has nothing to do with if your rich or poor, its major purpose is to reduce the impact of marker volatility on your asset since you would be buying continously at different markets prices.

Your right when you said DCA is a good strategy to accumulate bitcoin for a long term cause you can end up accumulating more bitcoin at a lesser price than someone who lumpsum often, let's say you've got 100k to invest in bitcoin and you lump sum right away, you would be buying your bitcoin at a fixed price and your profits woudl only come when the trend is bullish from there, if a bear comes you would be at more loss. But if I am using DCA then I'll split the money into equal parts, maybe for 4 buys, 8 buys or even 10 buys and I'll be buying at different market price and if its bullish from my first buy and bearish later I would still be buying bitcoin at those different market trends but where its bad is when you buy at the highest points of the market and then you stop buying when the price starts retracing down you would end up with ahigher buying average.

So the DCA is only best for continous buying and not for buying only for a short period of time, cause the DCA strategy can only reduce the impact of volatility as long as you continue using it.


Title: Re: DCA: the power of little beginning
Post by: bettercrypto on March 09, 2024, 05:52:43 PM
Congratulations, op! Patience is truly a virtue and it is something we need to have the most when it comes with DCA method. Some people might get frustrated and would want to buy huge amounts of bitcoin already and then end up with nothing. A few satoshis is better than nothing. Of course we  should always aim for more but sometimes we have to accept what we are capable of right now and just take the long road.

May you serve as an inspiration to others!

Using DCA is actually useful, and I don't see anything wrong with it. But what if the crypto you're doing with DCA is the wrong coin that can't really give you earnings? Can it be called paringuseful?

I just thought of this question. Although I know that many communities in the crypto space are actually using it, until now, which is in the bull run, it is still used by most of the crypto communities in this field industry.


Title: Re: DCA: the power of little beginning
Post by: Distinctin on March 09, 2024, 09:58:56 PM
If what its going to require from us to at least have a beginning in making investment in bitcoin is to start by the pattern of DCA, then its fine and good and we should not got ourselves discouraged in that because it is more better starting such way than doing nothing at all, many people already have procrastinated their investment from years back to this present days and never concluded on making determination to invest and stop the procrastination they have been used to over time.
People who keep on missing bitcoin opportunities are probably not aware about DCA. Or they really are aware but the fear to take the risk is high because they have no substantial amount of knowledge in the first place. I have been fearing bitcoin investment way back then and so I end up procrastinating most often, but I realized I won’t achieve something if I keep doing the same thing and keep the same attitude.

Thankful to have learned about DCA. That idea lessen my fear and started taking small steps in bitcoin investment. Now, from a humble beginning, I can say that I am hodling a good amount of bitcoin already. DCA is the key, and of course having a good mindset and a positive attitude towards bitcoin is also a great factor for success.


Title: Re: DCA: the power of little beginning
Post by: Obim34 on March 09, 2024, 10:40:21 PM
I won't be saying much about my personal experience with DCA but it's a good strategy to accumulate bitcoin if you are not very rich or have enough capital to lump sum at once.

DCA can also have a bad side, if you end up buying too much at very high price like during the bull and you end up with a higher buying average for lesser coins, so it's also nice you mix up your dca with other strategies to keep you well ahed in your investment.

The DCA strategy is absolute unique, being applied with no chances of affecting one's cost of living. Much is not expected to be wholesomely invested, it goes with little fractions that later on builds into bigger portion of what becomes in our portfolio. Maybe not just the DCA alone I have also learnt a few other strategies that can aswell be compiled with the DCA method to achieve greater results.
Investing in DCA method seems to me to be a simple and recommended strategy. There are many of us who cannot afford to buy a large amount of bitcoins at once but buy bitcoins in fractions through this method. Those of us who invest in the Dollar Cost Averaging method have a specific goal in mind which is to invest in Bitcoin with whatever money we have left over excluding our necessary expenses, be it monthly or weekly. There are many investors or members who regularly invest in DCA method. By investing in this way we can grow our investment portfolio if we do it patiently for a long period of time.

You seem to be mis understanding DCA, it has nothing to do with if your rich or poor, its major purpose is to reduce the impact of marker volatility on your asset since you would be buying continously at different markets prices.

Your right when you said DCA is a good strategy to accumulate bitcoin for a long term cause you can end up accumulating more bitcoin at a lesser price than someone who lumpsum often, let's say you've got 100k to invest in bitcoin and you lump sum right away, you would be buying your bitcoin at a fixed price and your profits woudl only come when the trend is bullish from there, if a bear comes you would be at more loss. But if I am using DCA then I'll split the money into equal parts, maybe for 4 buys, 8 buys or even 10 buys and I'll be buying at different market price and if its bullish from my first buy and bearish later I would still be buying bitcoin at those different market trends but where its bad is when you buy at the highest points of the market and then you stop buying when the price starts retracing down you would end up with ahigher buying average.

So the DCA is only best for continous buying and not for buying only for a short period of time, cause the DCA strategy can only reduce the impact of volatility as long as you continue using it.
When talking about DCA, many might think using other strategies alongside DCA is not ideal but we have to understand the market and apply the most efficient method to maximize our profits. There are times when the market requires buying DIPs, by doing so doesn't or should not affect once DCAING, it's all about taking advantage of the market to suit our investment.


Title: Re: DCA: the power of little beginning
Post by: nelson4lov on March 09, 2024, 10:50:26 PM
Congratulations to OP on your portfolio achievement. As someone who haven't tried a DCA strategy of my own but have seen it reward people in real time (especially those who DCA in Bitcoin on every dip — market goes down, they buy). I'm willing to try out the strategy myself.

The strategy I plan to utilize is slightly modified.

Price is presumed low (personal bias) => buy more.
Price is on the high side (but in a "dip") => buy little.

The concerns with DCA is that if you keep buying higher, the value you got at lower prices gets diluted to the point your average buy-in becomes too high. If done with leverage, worse because you can get liquidated faster.


Title: Re: DCA: the power of little beginning
Post by: _BlackStar on March 09, 2024, 10:53:02 PM
-snip-
People who keep on missing bitcoin opportunities are probably not aware about DCA. Or they really are aware but the fear to take the risk is high because they have no substantial amount of knowledge in the first place. I have been fearing bitcoin investment way back then and so I end up procrastinating most often, but I realized I won’t achieve something if I keep doing the same thing and keep the same attitude.

Thankful to have learned about DCA. That idea lessen my fear and started taking small steps in bitcoin investment. Now, from a humble beginning, I can say that I am hodling a good amount of bitcoin already. DCA is the key, and of course having a good mindset and a positive attitude towards bitcoin is also a great factor for success.
Fear of losing money due to price volatility tends to be a more reasonable reason than not knowing an investment strategy. We know that not everyone has a good financial condition where they do not receive wages commensurate with their work in the real world - it makes a person's mindset narrow when they are faced with the risk of losing more money.

They don't want to lose money when earning money is so difficult – but some of them are also willing to take risks and start learning how to make money. It may be difficult at first - but when they start to learn and know how the markets work, on average they prefer risky investments to safe investments.


Title: Re: DCA: the power of little beginning
Post by: mirakal on March 09, 2024, 10:59:52 PM
DCA can actually be used anywhere. The principle is so simple, and some people use it without even knowing the definition of the entire abbreviation. Leave 10 percent of your regular earnings. The American dream of becoming a millionaire and having a million also meant saving a few percent of any profits. Knowing about Bitcoin today, anyone who can earn their income and limit themselves to some part for holding can become an investor. There were many surveys on the topic: if your salary is enough for you, then can you live without one of its ten parts? Many of the responses were positive. All that remains is to make the right and necessary decisions.
You’re right there mate. With bitcoin, it’s always possible to start an investment even with a little amount of income, DCA is the key. Learn to manage your expenses and stick to your budgeting, and when there is extra money left, investing in bitcoin is always the right option. Do it in a regular basis regardless of bitcoin price, you will be amazed after years of doing DCA when you see how much have you got with your bitcoin accumulation.

Not only when it comes to investing, but most likely in saving as well. You can’t save without doing DCA, because just by putting a small amount on your bank account gradually, that will cost even a million when you continuously save without setting limits when to stop. DCA is actually useful in a lot of way, unfortunately only few smart people have realized it.


Title: Re: DCA: the power of little beginning
Post by: Rruchi man on March 09, 2024, 11:04:40 PM
It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!
DCA makes the process of investing easier and without DCA method many investors will not be able to accumulate enough bitcoins like they do before from single large deposits. Many solo investors outside of forum may not be aware of the method of growing their bitcoin portfolio by little deposits made occasionally. DCA will make accumulating and increasing the bitcoins you have easier and will make investment less of a burden. With DCA method too, the risk of losing money just invested and never wanting to invest again is put in check because an investor via DCA will be able to control and reduces looses from investment.


Title: Re: DCA: the power of little beginning
Post by: boty on March 10, 2024, 04:35:24 PM
It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!
DCA makes the process of investing easier and without DCA method many investors will not be able to accumulate enough bitcoins like they do before from single large deposits. Many solo investors outside of forum may not be aware of the method of growing their bitcoin portfolio by little deposits made occasionally. DCA will make accumulating and increasing the bitcoins you have easier and will make investment less of a burden. With DCA method too, the risk of losing money just invested and never wanting to invest again is put in check because an investor via DCA will be able to control and reduces looses from investment.
If we can use the DCA method to invest, of course we will be able to easily invest in Bitcoin and it will be very possible for us to collect the amount of money we have and buy it gradually to be able to get a profit from the investment we make, because if we waiting to collect money first and then buying it in large quantities, we could miss out on the profits that we could get and we can see that in recent days the price of Bitcoin has continued to increase. If we had collected it yesterday, it could have been a few moments later that we would have made a profit and also the method This will be easily understood by anyone, even if they are new to Bitcoin, they can easily use the DCA method in their investments.


Title: Re: DCA: the power of little beginning
Post by: bangjoe on March 10, 2024, 05:07:54 PM
It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!
DCA makes the process of investing easier and without DCA method many investors will not be able to accumulate enough bitcoins like they do before from single large deposits. Many solo investors outside of forum may not be aware of the method of growing their bitcoin portfolio by little deposits made occasionally. DCA will make accumulating and increasing the bitcoins you have easier and will make investment less of a burden. With DCA method too, the risk of losing money just invested and never wanting to invest again is put in check because an investor via DCA will be able to control and reduces looses from investment.
If we can use the DCA method to invest, of course we will be able to easily invest in Bitcoin and it will be very possible for us to collect the amount of money we have and buy it gradually to be able to get a profit from the investment we make, because if we waiting to collect money first and then buying it in large quantities, we could miss out on the profits that we could get and we can see that in recent days the price of Bitcoin has continued to increase. If we had collected it yesterday, it could have been a few moments later that we would have made a profit and also the method This will be easily understood by anyone, even if they are new to Bitcoin, they can easily use the DCA method in their investments.
that's right and DCA is the easiest, safest strategy, anyone can do it and much better than any strategy both beginners and someone who has been investing in bitcoin for a long time, the average value of money that we share to make purchases is a process of patience and clear goals within a certain time span and again the most fundamental in investing in bitcoin is a very fast price fluctuation, and it will give a boost of panic and fomo at the moment times, well with DCA it will be better controlled so that a bitcoin investor will be much safer and can build his bitcoin portfolio healthily.


Title: Re: DCA: the power of little beginning
Post by: Outhue on March 11, 2024, 12:04:45 PM
I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading. This mindset have held me moving round the same cycle of profits and losses for over two years with no progress despite the pains and psychological torture that comes with losing streak in trading. Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading. It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!

Today I am a proud Bitcoin investor, with a portfolio that I can call an achievement even though it may not be something too big for some people. I am not making this post because of Bitcoin is rising in price, my focus is on the quantity of Bitcoin and not necessarily the dollar value. Besides, the DCA method has molded me to appreciate bear markets because that is the opportunity to collect more Bitcoin at lower prices.

I am sure there are many people with similar thing to say about the DCA method because I have engaged in many discussions where a good number of forum users confirmed to be using the DCA method, so I expect they will also be proud of what they have achieved through it.

To those who really helped in sharing their wealth of knowledge free of charge in this forum like @JayJuanGee, @Wind_FURY, @tranthidung and many others, you are all highly appreciated.


It's my father's favorite quote too, he believes in savings and he is old school but he evolved very quickly, he knew savings his old and he even recommended investing in new assets, today, savings aren't bad but investment just makes things more easier for you than savings.

A little drop of water thus makes a mighty ocean, only if you believe, many people see savings or slow growth as a waste of time but it's not, and in this crypto space, you need to use the DCA method because it has better accumulation advantage, since bitcoin value isn't waiting for anyone, buying bit by bit is the best buying strategy after all.

Practice makes perfect, and a little drop of water makes a mighty ocean, these two lesson quotes goes well together, growing slowly makes you stronger, your foundation will be as hard as rock but may people lacks the patience, they want to make money very quickly, that's why many are not even into Bitcoin investment today, and they are missing out big.


Title: Re: DCA: the power of little beginning
Post by: Abu-Naim on March 11, 2024, 01:13:35 PM

The strategy I plan to utilize is slightly modified.

Price is presumed low (personal bias) => buy more.
Price is on the high side (but in a "dip") => buy little.

The concerns with DCA is that if you keep buying higher, the value you got at lower prices gets diluted to the point your average buy-in becomes too high. If done with leverage, worse because you can get liquidated faster.
Your strategy will work, but it will require a lot time dedication to the market.
You will be forced to be monitoring market movements always like a crypto trader, instead of allocating some certain money to buy your bitcoin either weekly in monthly depending on your will.

This method you are about to try will make you spend out of budget because you will be willing to buy when you see the price dump, and if you don’t have money it will be another problem that will affect the plan that is why DCA is the best because you only allocated the money you are willing to save for Bitcoin investment in a particular duration of time irrespective of the price.


Title: Re: DCA: the power of little beginning
Post by: eightdots on March 11, 2024, 02:48:38 PM
It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!
DCA makes the process of investing easier and without DCA method many investors will not be able to accumulate enough bitcoins like they do before from single large deposits. Many solo investors outside of forum may not be aware of the method of growing their bitcoin portfolio by little deposits made occasionally. DCA will make accumulating and increasing the bitcoins you have easier and will make investment less of a burden. With DCA method too, the risk of losing money just invested and never wanting to invest again is put in check because an investor via DCA will be able to control and reduces looses from investment.
If we can use the DCA method to invest, of course we will be able to easily invest in Bitcoin and it will be very possible for us to collect the amount of money we have and buy it gradually to be able to get a profit from the investment we make, because if we waiting to collect money first and then buying it in large quantities, we could miss out on the profits that we could get and we can see that in recent days the price of Bitcoin has continued to increase. If we had collected it yesterday, it could have been a few moments later that we would have made a profit and also the method This will be easily understood by anyone, even if they are new to Bitcoin, they can easily use the DCA method in their investments.
that's right and DCA is the easiest, safest strategy, anyone can do it and much better than any strategy both beginners and someone who has been investing in bitcoin for a long time, the average value of money that we share to make purchases is a process of patience and clear goals within a certain time span and again the most fundamental in investing in bitcoin is a very fast price fluctuation, and it will give a boost of panic and fomo at the moment times, well with DCA it will be better controlled so that a bitcoin investor will be much safer and can build his bitcoin portfolio healthily.

The investment needs to be made with a certain strategy. Many people may have different investment methods, but the general majority use the same method. Perhaps the most used of these methods is DCA. Even if the investment amount is small, after a while the total investment amount increases and the goals can be achieved.

The DCA method also brings order to the investor. If the investor follows this method, he will make his investment smoothly and regularly.


Title: Re: DCA: the power of little beginning
Post by: Hyphen(-) on March 11, 2024, 03:00:40 PM
I am sure there are many people with similar thing to say about the DCA method because I have engaged in many discussions where a good number of forum users confirmed to be using the DCA method, so I expect they will also be proud of what they have achieved through it.
The DCA method remains the best method I've ever seen for assisting investors of various financial categories in accumulating a reasonable number of Bitcoin over time and without the stress of looking for large sums of money to begin investing or taking out a loan to invest in Bitcoin, provided you have a small source of income.
Through the DCA approach, I have acquired a specific amount of Bitcoin through my weekly signature payment, and I am extremely pleased with the return I have already received since the market is growing in a positive manner.


Title: Re: DCA: the power of little beginning
Post by: Promocodeudo on March 29, 2024, 03:05:26 PM
DCA method has been found very worthy of adopting, this strategy helps every investor, it doesn't matter if you are wealthy or not, applying this method allows an investor to continuously invest with ease, it doesn't make you invest more than what you have but you can increase your investment that's if you desire but makes you comfortable as an investor to be free from any pressure, it is not demanding, it allows you to invest what you can afford to lose, this strategy gives equal opportunity to all bitcoin investors to invest what they feel that's they can afford continuously in a period.


Title: Re: DCA: the power of little beginning
Post by: MarjorieZimmermanGinger on March 29, 2024, 03:16:05 PM
Today I am a proud Bitcoin investor, with a portfolio that I can call an achievement even though it may not be something too big for some people. I am not making this post because of Bitcoin is rising in price, my focus is on the quantity of Bitcoin and not necessarily the dollar value. Besides, the DCA method has molded me to appreciate bear markets because that is the opportunity to collect more Bitcoin at lower prices.

I am sure there are many people with similar thing to say about the DCA method because I have engaged in many discussions where a good number of forum users confirmed to be using the DCA method, so I expect they will also be proud of what they have achieved through it.
Everyone has a different level of happiness when they achieve success and the measure of a person's success cannot be measured in numbers. There are many people who don't have the money to invest, which makes them limited in doing so. Luckily, you are in the right condition because even though you don't have a lot of money, you can still invest using DCA. I believe there are many people who have successfully used the DCA pattern and now they are getting results from the strategy.

Almost most people who have small incomes do the DCA pattern in investment and this is done for nothing more than to get binding investment capabilities. If someone consistently carries it out then I am sure we will get a decent profit from this pattern. But unfortunately not many people want to confirm and are willing to carry out this pattern because they don't understand how.


Title: Re: DCA: the power of little beginning
Post by: Su-asa on March 29, 2024, 05:23:18 PM
DCA method has been found very worthy of adopting, this strategy helps every investor, it doesn't matter if you are wealthy or not, applying this method allows an investor to continuously invest with ease, it doesn't make you invest more than what you have but you can increase your investment that's if you desire but makes you comfortable as an investor to be free from any pressure, it is not demanding, it allows you to invest what you can afford to lose, this strategy gives equal opportunity to all bitcoin investors to invest what they feel that's they can afford continuously in a period.
DCAing strategy is an easy method for accounting Bitcoin on the long run, DCAing strategy doesn't need you to obtain 1000 dollars before you invest. With low as $30 you can invest for the long run if you buy constantly. The whole concept of investing for long terms seats on your hands, if you are ready to own good Bitcoin. Just make sure to have a source of income that generates money that can be used for buying Bitcoin. Also get ready to increase your Bitcoin amount when you gets more money.


Title: Re: DCA: the power of little beginning
Post by: WatChe on March 29, 2024, 05:41:30 PM
DCA method has been found very worthy of adopting, this strategy helps every investor, it doesn't matter if you are wealthy or not, applying this method allows an investor to continuously invest with ease, it doesn't make you invest more than what you have but you can increase your investment that's if you desire but makes you comfortable as an investor to be free from any pressure, it is not demanding, it allows you to invest what you can afford to lose, this strategy gives equal opportunity to all bitcoin investors to invest what they feel that's they can afford continuously in a period.

DCA is suitable specially for those people who don't have enough money for lump sum investment. If you see bitcoin price and DCA then it's very much clear that DCA has given good return if executed properly. With DCA you don't need to see Bitcoin price everyday rather keep accumulating every week or month and you are all set for good ROI. There are tools available that gives you idea about why DCA is best way to accumulate Bitcoin. 
Try this https://dcabtc.com/   


Title: Re: DCA: the power of little beginning
Post by: atookz on March 29, 2024, 06:43:31 PM
I totally agree with you and I am also doing the DCA method of buying bitcoin. Maybe right now the amount is still relatively small but I'm sure one day it will be worth a lot. This method is very helpful for managing market risk by investing small amounts regularly. I believe bitcoin has a very good future, so I don't hesitate to use the DCA method. This method can help you have discipline because it ensures you are not too exposed when buying at high prices, while on the other hand it helps when the market recovers, because it has to buy when the market experiences a correction. By not depending on time, DCA can minimize the effect of market ups and downs on the portfolio because the average acquisition price will not be too high or too low.

I'm still thinking about using the DCA method on altcoins, because I think there's still a bit of doubt about altcoins in the long term so I think they have risks. Even if I use it on altcoins, maybe only on ethereum.


Title: Re: DCA: the power of little beginning
Post by: virasog on March 29, 2024, 07:23:25 PM
People who keep on missing bitcoin opportunities are probably not aware about DCA. Or they really are aware but the fear to take the risk is high because they have no substantial amount of knowledge in the first place. I have been fearing bitcoin investment way back then and so I end up procrastinating most often, but I realized I won’t achieve something if I keep doing the same thing and keep the same attitude.

Thankful to have learned about DCA. That idea lessen my fear and started taking small steps in bitcoin investment. Now, from a humble beginning, I can say that I am hodling a good amount of bitcoin already. DCA is the key, and of course having a good mindset and a positive attitude towards bitcoin is also a great factor for success.

The real advantage of the DCA is that you will never miss out on a train if it leaves the station. The reason is that you will buy the bitcoin at the current price with some percentage of your portfolio. Now if the price pumps, you always have the bitcoin with you and you will never regret that you did not buy in the first place.
In the opposite scenario, if the bitcoin price dumps, it will give you an opportunity to buy more at a cheaper price and buy more if it dumps more. This way you will have a good cheaper average bitcoin buying price. For sure, you need to hold these bitcoin accumulations till the time you know that bitcoin is near the peak of the bull cycle and you may sell in parts too during that time period.

The DCA can be done not only with Bitcoin but with any cryptocurrencies however keep in mind that the project should be a good one in which you do the DCA other you will keep holding the bag of that coin if it's a scam coin and may never pump again.


Title: Re: DCA: the power of little beginning
Post by: Reatim on March 30, 2024, 10:40:05 AM
Congratulations, op! Patience is truly a virtue and it is something we need to have the most when it comes with DCA method. Some people might get frustrated and would want to buy huge amounts of bitcoin already and then end up with nothing. A few satoshis is better than nothing. Of course we  should always aim for more but sometimes we have to accept what we are capable of right now and just take the long road.

May you serve as an inspiration to others!

Using DCA is actually useful, and I don't see anything wrong with it. But what if the crypto you're doing with DCA is the wrong coin that can't really give you earnings? Can it be called paringuseful?

I just thought of this question. Although I know that many communities in the crypto space are actually using it, until now, which is in the bull run, it is still used by most of the crypto communities in this field industry.

Well since you are using dca and you are not putting
huge money in one big purchase, you can observe the market
and see whether you are about to have some losses
in which in some cases you should sell your coins already

but if it is bitcoin we are talking about i think that is a question
you shouldn’t have to ask


Title: Re: DCA: the power of little beginning
Post by: cxtreenal on March 30, 2024, 11:49:44 AM
Before now, I have underrated the DCA method just because I thought it was only meant for bitcoin. It was when I read a documentary about DCA as the most effective and stressed free way of being wealthy. I have had little/no respect for DCA but it is the most peaceable way to invest in bitcoin.

DCA is not necessary only for low income earners. It is also used by the wealthy and other experienced traders or investors when the market is not so certain.
You are right that anyone rich or poor investing a portion of his income every week or month in DCA can be the best decision. It can be a universal system that is evident in its management. Regularly depositing any amount based on your income can give you a lot of hope in the long run. If you for some reason went to zero bitcoins for one month but later you were able to replenish as much as you could. In this you can take your portfolio far stress free.


Title: Re: DCA: the power of little beginning
Post by: Blitzboy on March 30, 2024, 01:13:47 PM
People who keep on missing bitcoin opportunities are probably not aware about DCA. Or they really are aware but the fear to take the risk is high because they have no substantial amount of knowledge in the first place. I have been fearing bitcoin investment way back then and so I end up procrastinating most often, but I realized I won’t achieve something if I keep doing the same thing and keep the same attitude.

Thankful to have learned about DCA. That idea lessen my fear and started taking small steps in bitcoin investment. Now, from a humble beginning, I can say that I am hodling a good amount of bitcoin already. DCA is the key, and of course having a good mindset and a positive attitude towards bitcoin is also a great factor for success.

The real advantage of the DCA is that you will never miss out on a train if it leaves the station. The reason is that you will buy the bitcoin at the current price with some percentage of your portfolio. Now if the price pumps, you always have the bitcoin with you and you will never regret that you did not buy in the first place.
In the opposite scenario, if the bitcoin price dumps, it will give you an opportunity to buy more at a cheaper price and buy more if it dumps more. This way you will have a good cheaper average bitcoin buying price. For sure, you need to hold these bitcoin accumulations till the time you know that bitcoin is near the peak of the bull cycle and you may sell in parts too during that time period.

The DCA can be done not only with Bitcoin but with any cryptocurrencies however keep in mind that the project should be a good one in which you do the DCA other you will keep holding the bag of that coin if it's a scam coin and may never pump again.
DCA is your failsafe in bull and bear markets. This genius keeps you in the game, no FOMO. Price rises, great. Price drops? Nice, more Bitcoin on sale. Everybody wins.

I understand that crypto's huge swings are alarming. DCA fixes that. Kind of like a subtle reminder to be patient. Be confident and sell high when the moment is right.

Research and invest in worthwhile projects. Bitcoin is very exceptional. A legend. Revolution. Instead of purchasing hype, DCA investors make long-term investments. That distinguishes smart money.


Title: Re: DCA: the power of little beginning
Post by: Youngkhngdiddy on March 30, 2024, 04:37:37 PM
Well since you are using dca and you are not putting
huge money in one big purchase, you can observe the market
and see whether you are about to have some losses
in which in some cases you should sell your coins already

but if it is bitcoin we are talking about i think that is a question
you shouldn’t have to ask
  As a still volatile asset, cryptocurrencies are prone to sharp rises and declines over time which therefore makes DCA the best strategy to use when investing. Simply put, Dollar Cost Averaging is the splitting of your monetary investment periodically instead of a large buy-in. These periodic purchases are not affected by the price of the crypto asset and it helps investors stay free of the craze of trying to predict the market and enables them to maximize their potential returns and reduce the risk of losing their entire capital if there is a sharp drop in the crypto asset. helps reduce the impact of crypto asset volatility and serves as a hedge against price fluctuations. It also allows the investor to buy the asset at cheaper prices since they will have capital to re-enter the market when the price drops.
  A successful application of DCA depends on knowledge and understanding of the market. If used correctly, this strategy can reduce the risks of losses while increasing profit potential along the way. It’s worth remembering that the successful application of DCA depends on numerous factors. For this reason, it’s best to make your own calculations based on your investing goals before getting started. It is the best approach for individuals who are not professional investors. It can save an investor a lot of effort trying to time the market in order to get the best prices. It is a tool for investing slowly and consistently and it aims to protect against the human tendency of wanting to gain all at once.


Title: Re: DCA: the power of little beginning
Post by: leonair on March 30, 2024, 05:15:03 PM
Before now, I have underrated the DCA method just because I thought it was only meant for bitcoin. It was when I read a documentary about DCA as the most effective and stressed free way of being wealthy. I have had little/no respect for DCA but it is the most peaceable way to invest in bitcoin.

DCA is not necessary only for low income earners. It is also used by the wealthy and other experienced traders or investors when the market is not so certain.
You are right that anyone rich or poor investing a portion of his income every week or month in DCA can be the best decision. It can be a universal system that is evident in its management. Regularly depositing any amount based on your income can give you a lot of hope in the long run. If you for some reason went to zero bitcoins for one month but later you were able to replenish as much as you could. In this you can take your portfolio far stress free.
If you invest by adopting DCA strategy in volatile market, you can keep pace with the volatile market, and if you invest the rest of the money by calculating income and daily expenses, it works like savings. and the biggest advantage of DCA is that it minimizes the risk and reduces the investor's risk a lot. Professional investors understand market movements so they can invest large amounts in one go and profit, but DCA is definitely an important method for new investors.


Title: Re: DCA: the power of little beginning
Post by: Antonil on March 30, 2024, 05:54:09 PM
From my childhood I have learned from my family that keep studying little by little and you will finish all your studies before the exam.  This is the same thing I said with @JayJuanGee's Buy the DIP, and HODL! I also learned from Thered. Although there is no specific time in life like our daily exam that your success will come at that exact time. Even this small investment can be considered to be by your side at that special moment of your life, and we humans live with this hope. By doing DCA many small investors today are on the golden pinnacle of success. I will also be depositing bitcoin via DCA very soon.


Title: Re: DCA: the power of little beginning
Post by: Ben Barubal on March 30, 2024, 06:25:31 PM
     The DCA method is actually an instrument for us to do something that others think we can't do, but eventually, when it increases, it turns out to have a high value in the market.

     DCA is also not only applicable to Bitcoin because there are also many other top cryptos on the market that can also give us big profits in the future, as long as we don't give up but instead be strong and patient.


Title: Re: DCA: the power of little beginning
Post by: shield132 on March 30, 2024, 06:33:05 PM
I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading. This mindset have held me moving round the same cycle of profits and losses for over two years with no progress despite the pains and psychological torture that comes with losing streak in trading. Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading. It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!

Today I am a proud Bitcoin investor, with a portfolio that I can call an achievement even though it may not be something too big for some people. I am not making this post because of Bitcoin is rising in price, my focus is on the quantity of Bitcoin and not necessarily the dollar value. Besides, the DCA method has molded me to appreciate bear markets because that is the opportunity to collect more Bitcoin at lower prices.

I am sure there are many people with similar thing to say about the DCA method because I have engaged in many discussions where a good number of forum users confirmed to be using the DCA method, so I expect they will also be proud of what they have achieved through it.

To those who really helped in sharing their wealth of knowledge free of charge in this forum like @JayJuanGee, @Wind_FURY, @tranthidung and many others, you are all highly appreciated.

I'm very happy to see this success story and I have to completely agree with your approach. The Dollar Cost Averaging method is a better way for financial success than trading because first of all it's not for beginners and secondly it's so stressful that it slowly kills your soul.
By the way, my personal approach still remains to trade only when there is the best moment for it and also my trading secret is to work on increasing value in Bitcoins, not in fiat. When you move on this approach, you will significantly see the difference. I always try to catch the best moments. This is risky, requires huge patience and self-control but it works but to my mind DCA is one of the best approach for many beginners. I wish you more success.


Title: Re: DCA: the power of little beginning
Post by: Asuspawer09 on March 30, 2024, 06:46:06 PM
I started doing Dollar Cost Averaging after I sold my Bitcoin in the last bull run, I did really make a good amount of profit in the past Bullrun, plus invested on some altcoins that actually give a fair profit with a little investments, starting over again was not really a great feeling after selling all of my Bitcoin holdings, the market price drop and enter the bear market dropping it to I think around 15k$ as the lowest as far as I could remember.

Seems difficult at the start, but I really think that it is a good idea to bough Bitcoin based on my experience of investing in the Bitcoin cycle, when the market is so low it is actually a huge opportunity, so even though there was no huge buy I started as low as 10$ I think most of the time since my salary wasn't really that great at the time, I was just starting my first job I think and its only minimum salary, but I did have the opportunity to join the signature campaign here in the forum since it was helping me a lot in gaining knowledge, plus I'm earning as well, looking at the market price, all of my salary on signature campaigns are going straight to my wallet and I didn't do anything on it just invested in weekly, even though there are times that there were no campaigns that are paying me, I still continue my DCA using my salary as well.

So far it doesn't disappoint it was actually easier to HODL since you only putting a small amount of money, and overtime I could easily see my wallet and portfolio grow to thousands of dollars right now, as long as I'm going to sell at the top it is going to be a guaranteed profit for me, not to mention it was way easier to hold this because I just set my lower salary then use it to buy Bitcoin, so that I still have enough money in able to survive the month. No question ask it is the best strategy that you could make since you cant actually predict the market, using DCA you could lower that risk since your buying whatever the price is.


Title: Re: DCA: the power of little beginning
Post by: stadus on March 30, 2024, 07:36:16 PM
Before now, I have underrated the DCA method just because I thought it was only meant for bitcoin. It was when I read a documentary about DCA as the most effective and stressed free way of being wealthy. I have had little/no respect for DCA but it is the most peaceable way to invest in bitcoin.

DCA is not necessary only for low income earners. It is also used by the wealthy and other experienced traders or investors when the market is not so certain.
You are right that anyone rich or poor investing a portion of his income every week or month in DCA can be the best decision. It can be a universal system that is evident in its management. Regularly depositing any amount based on your income can give you a lot of hope in the long run. If you for some reason went to zero bitcoins for one month but later you were able to replenish as much as you could. In this you can take your portfolio far stress free.
If you invest by adopting DCA strategy in volatile market, you can keep pace with the volatile market, and if you invest the rest of the money by calculating income and daily expenses, it works like savings. and the biggest advantage of DCA is that it minimizes the risk and reduces the investor's risk a lot. Professional investors understand market movements so they can invest large amounts in one go and profit, but DCA is definitely an important method for new investors.
The reason why DCA should not be underrated. It could make you rich in the process as long as you do it more consistently and patiently. Regardless of the condition of the market, never stop from doing DCA but always stick on the basic as always, invest only at an amount you can afford to lose. That way, bitcoin or altcoins, you are not just lessening the risk from losses, you are also increasing the chances to gain massive profits in the future and become eventually rich while focusing on DCA.


Title: Re: DCA: the power of little beginning
Post by: Tmoonz on March 30, 2024, 07:38:54 PM
I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading. This mindset have held me moving round the same cycle of profits and losses for over two years with no progress despite the pains and psychological torture that comes with losing streak in trading. Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading. It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!

Today I am a proud Bitcoin investor, with a portfolio that I can call an achievement even though it may not be something too big for some people. I am not making this post because of Bitcoin is rising in price, my focus is on the quantity of Bitcoin and not necessarily the dollar value. Besides, the DCA method has molded me to appreciate bear markets because that is the opportunity to collect more Bitcoin at lower prices.

I am sure there are many people with similar thing to say about the DCA method because I have engaged in many discussions where a good number of forum users confirmed to be using the DCA method, so I expect they will also be proud of what they have achieved through it.

To those who really helped in sharing their wealth of knowledge free of charge in this forum like @JayJuanGee, @Wind_FURY, @tranthidung and many others, you are all highly appreciated.


Are you discouraged with the amount you have to start your investment dca is the answer,  are you scared of volatility dca is the answer, are you scared you don't know much about Bitcoin investment dca is the answer you can learn on your way up, are you worried about the market dca is the answer, dca has so much benefits that are too numerous to mention.


Title: Re: DCA: the power of little beginning
Post by: Natsuu on March 30, 2024, 11:31:35 PM
Before now, I have underrated the DCA method just because I thought it was only meant for bitcoin. It was when I read a documentary about DCA as the most effective and stressed free way of being wealthy. I have had little/no respect for DCA but it is the most peaceable way to invest in bitcoin.

DCA is not necessary only for low income earners. It is also used by the wealthy and other experienced traders or investors when the market is not so certain.
You are right that anyone rich or poor investing a portion of his income every week or month in DCA can be the best decision. It can be a universal system that is evident in its management. Regularly depositing any amount based on your income can give you a lot of hope in the long run. If you for some reason went to zero bitcoins for one month but later you were able to replenish as much as you could. In this you can take your portfolio far stress free.
If you invest by adopting DCA strategy in volatile market, you can keep pace with the volatile market, and if you invest the rest of the money by calculating income and daily expenses, it works like savings. and the biggest advantage of DCA is that it minimizes the risk and reduces the investor's risk a lot. Professional investors understand market movements so they can invest large amounts in one go and profit, but DCA is definitely an important method for new investors.

And much of all? You don't need to stress out yourself when to time the market best! Because if your are new to this game, there's a lot of methodology to know when is the best time to buy, and what level is it and at the end after all of those analysis you can still be wrong. So why bother stressing out yourself from timing the market when you can DCA. That is a gift! JUst DCA consistently and the fruits of your labor will show years from now when your expected value of a project becomes real.


Title: Re: DCA: the power of little beginning
Post by: MarjorieZimmermanGinger on March 31, 2024, 02:56:26 PM
Are you discouraged with the amount you have to start your investment dca is the answer,  are you scared of volatility dca is the answer, are you scared you don't know much about Bitcoin investment dca is the answer you can learn on your way up, are you worried about the market dca is the answer, dca has so much benefits that are too numerous to mention.
Not everyone understands the journey of bitcoin so they have difficulty determining investments. Even though DCA has advantages, if someone does not have knowledge about investment, it will make it difficult for them to carry out this strategy. Bitcoin is volatile and may be one of the reasons why people are so worried about running it. But if they fully understand bitcoin then investing in bitcoin will not have a much greater risk impact.

DCA is still a good strategy to implement and maybe people can try to accumulate responsibly by paying attention to their monthly and daily income. So that when carrying out investment activities using DCA they can make purchasing adjustments to the finances they have.


Title: Re: DCA: the power of little beginning
Post by: WatChe on March 31, 2024, 04:23:19 PM
If you invest by adopting DCA strategy in volatile market, you can keep pace with the volatile market, and if you invest the rest of the money by calculating income and daily expenses, it works like savings. and the biggest advantage of DCA is that it minimizes the risk and reduces the investor's risk a lot. Professional investors understand market movements so they can invest large amounts in one go and profit, but DCA is definitely an important method for new investors.

If you have a huge money for investment and you can hodl for long duration then go for it. Most investors don't have huge money for lump sum investment and for such people DCA is best option to go with. I think DCA is not only for new investors but  for experienced investors its also good option. The risk is there but with DCA it's distributed over a longer duration. DCA is tested and trusted method of accumulating Bitcoins, so one can go for it without any doubts.


Title: Re: DCA: the power of little beginning
Post by: eightdots on April 01, 2024, 11:20:13 PM
Are you discouraged with the amount you have to start your investment dca is the answer,  are you scared of volatility dca is the answer, are you scared you don't know much about Bitcoin investment dca is the answer you can learn on your way up, are you worried about the market dca is the answer, dca has so much benefits that are too numerous to mention.
Not everyone understands the journey of bitcoin so they have difficulty determining investments. Even though DCA has advantages, if someone does not have knowledge about investment, it will make it difficult for them to carry out this strategy. Bitcoin is volatile and may be one of the reasons why people are so worried about running it. But if they fully understand bitcoin then investing in bitcoin will not have a much greater risk impact.

DCA is still a good strategy to implement and maybe people can try to accumulate responsibly by paying attention to their monthly and daily income. So that when carrying out investment activities using DCA they can make purchasing adjustments to the finances they have.

DCA method is one of the most applied methods. An investor does not need to make much effort to learn and apply this method. The DCA method allows making a continuous and regular investment with a simple method.

Many factors such as volatility and negative news in the market can push investors away from the market. An investor who decides to apply the DCA method may ignore these negative factors in the market.


Title: Re: DCA: the power of little beginning
Post by: SickDayIn on April 02, 2024, 01:39:52 AM
I agree with you and I can't stress the importance of employing techniques like Dollar Cost Averaging (DCA) to build your investment in bitcoin. I have been in the cryptocurrency scene since September 2014, so nearing 10 years soon and there has been many years where I didn't touch Bitcoin at all. I watched the price increase to $1000, $10,000, $25,000 and $50,000 thinking every time that I couldn't afford to buy a whole Bitcoin.

There was also a lot of paralysis and fear, "what if the price goes down tomorrow, and I can get more Bitcoin for the same amount?".

Now I don't need to worry about that. By DCA'ing every day, the changes in price of Bitcoin is simply a short term weather pattern in a season, the days go on, and I feel no anxiety that I am going to miss out on an opportunity, I simply buy every single day. I don't even check the price, and I use automation on exchanges to do this for me, withdrawing all Bitcoin to my cold wallet on a defined frequency.


Title: Re: DCA: the power of little beginning
Post by: FinePoine0 on April 02, 2024, 08:36:04 AM
I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading. This mindset have held me moving round the same cycle of profits and losses for over two years with no progress despite the pains and psychological torture that comes with losing streak in trading. Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading. It was when I started being active in this forum I noticed that there is something called Dollar Cost Averaging (DCA) that enable someone buy Bitcoin even with small amount of money on a regular basis. I embraced it and it has changed my life!


Investing in DCA method always increases the willingness to invest and helps in raising funds. You start collecting bitcoins regularly with DCA method and surely you will get success. But whenever you are deprived of the regular DCA procedure, and may lose your hold. So you can safely add long term investment in DC method surely you can accumulate more bitcoins.


Title: Re: DCA: the power of little beginning
Post by: hd49728 on April 02, 2024, 10:32:16 AM
Investing in DCA method always increases the willingness to invest and helps in raising funds. You start collecting bitcoins regularly with DCA method and surely you will get success. But whenever you are deprived of the regular DCA procedure, and may lose your hold. So you can safely add long term investment in DC method surely you can accumulate more bitcoins.
You invest in Bitcoin or altcoins, not invest in DCA method.

DCA is a method for you and other investors to make investment plan and how to spend capital for investment to reduce risk and maximize profit. DCA is a helpful method for all investors because it brings many good things.

No need to find top or bottom of market. Don't have to spend too much time to watch the market, price chart. An investor with DCA method can simply work to get money, use part of it as investment capital, then DCA for Bitcoin accumulation with time.

To exit, take profit, see this.

[ANN] JJG Sustainable Bitcoin Withdrawal Strategy (https://bitcointalk.org/index.php?topic=5479482.0)
https://bitcoindata.science/withdrawal-strategy


Title: Re: DCA: the power of little beginning
Post by: btc78 on April 02, 2024, 10:38:40 AM

 I have been in the cryptocurrency scene since September 2014, so nearing 10 years soon and there has been many years where I didn't touch Bitcoin at all.


Many regrets having been exposed to crypto early on but not doing anything about it. Especially when you compare the price now to back then when it was a lot cheaper to buy and own 1 bitcoin.

This is why I prefer crypto as an investment compared to others. It is much accessible and you can buy in small amounts.

I just hope that you decided to do the DCA method not long after 2014.


Title: Re: DCA: the power of little beginning
Post by: Moreno233 on April 02, 2024, 12:49:25 PM
I agree with you and I can't stress the importance of employing techniques like Dollar Cost Averaging (DCA) to build your investment in bitcoin. I have been in the cryptocurrency scene since September 2014, so nearing 10 years soon and there has been many years where I didn't touch Bitcoin at all. I watched the price increase to $1000, $10,000, $25,000 and $50,000 thinking every time that I couldn't afford to buy a whole Bitcoin.
Many people had this problem at some point in their Bitcoin investment process and some followed your path while others were able to break that procrastination and invested in Bitcoin. Even till date there are still people that are saying that Bitcoin have gone too high therefore not too safe or profitable to invest in again, instead they go for other low cap coins and often lose their money looking for fast and big profits. Maybe it is a natural greed in people that they learn to put under control from terrible experiences such as can be caused by huge losses.

There was also a lot of paralysis and fear, "what if the price goes down tomorrow, and I can get more Bitcoin for the same amount?".
People who express this fear of price going down are not much that use the DCA method. They are mostly traders that monitor the market for short term investment and quick gains. The DCA method seems to make one think long term because the period it will take an investor to accumulate sizeable amount of Bitcoin, up to his target, might be long and within this period the investor is thinking more buys than sell.


Title: Re: DCA: the power of little beginning
Post by: EarnOnVictor on April 02, 2024, 02:21:41 PM
People who keep on missing bitcoin opportunities are probably not aware about DCA. Or they really are aware but the fear to take the risk is high because they have no substantial amount of knowledge in the first place. I have been fearing bitcoin investment way back then and so I end up procrastinating most often, but I realized I won’t achieve something if I keep doing the same thing and keep the same attitude.

Thankful to have learned about DCA. That idea lessen my fear and started taking small steps in bitcoin investment. Now, from a humble beginning, I can say that I am hodling a good amount of bitcoin already. DCA is the key, and of course having a good mindset and a positive attitude towards bitcoin is also a great factor for success.

The real advantage of the DCA is that you will never miss out on a train if it leaves the station. The reason is that you will buy the bitcoin at the current price with some percentage of your portfolio. Now if the price pumps, you always have the bitcoin with you and you will never regret that you did not buy in the first place.
In the opposite scenario, if the bitcoin price dumps, it will give you an opportunity to buy more at a cheaper price and buy more if it dumps more. This way you will have a good cheaper average bitcoin buying price. For sure, you need to hold these bitcoin accumulations till the time you know that bitcoin is near the peak of the bull cycle and you may sell in parts too during that time period.

The DCA can be done not only with Bitcoin but with any cryptocurrencies however keep in mind that the project should be a good one in which you do the DCA other you will keep holding the bag of that coin if it's a scam coin and may never pump again.
DCA is your failsafe in bull and bear markets. This genius keeps you in the game, no FOMO. Price rises, great. Price drops? Nice, more Bitcoin on sale. Everybody wins.
Yes, that's interesting and I do not know anyone who participated in the DCA method in an investment that still regrets it if done correctly. Only that the person may not earn huge money as though he invested once in an asset that appreciated significantly immediately, just as it would avoid huge losses if happened in the opposite. This approach is practical and I love the FOMO remark you added, surely, this will remove the FOMO from the minds of investors and make such investors act rightly after carefully thinking the investment through. This is patience and once there is nothing like FOMO, the stress of divesting so fast in case of depression or FUD would be greatly reduced or eliminated.

And really, in this kind of approach, everybody wins, but we should still neglect the fact that everybody can win if everybody DCA very well. There are right times to DCA even if we can do it in both the bullish and bearish markets, it is best we start at a reasonable price. If the asset is too expensive, we should avoid it no matter what we think of DCA. Many people were misled to continue investing when Bitcoin was over $65,000 in the last bull run, not even the DCA approach can save a person in this kind of situation. Let's use it right!


Title: Re: DCA: the power of little beginning
Post by: strictly0nGod on April 02, 2024, 03:05:40 PM
I feel this topic is targeted to me. I have heard of Bitcoin ever since 2014, but perceptions surrounding the innovation of Bitcoin made it so skeptical to ponder on. A friend who introduced it to me insisted I deposit $100 before I be part of the great deal. I couldn't afford it. I was so naive didn't blame myself for my clumsiness towards it. Not untill early this year 2024 I came across this forum, despite I was deprived from comments I learnt of DCA, made little research which later killed the boy in me for the man to be born. I summoned some courage, I got some quantity of Bitcoin I could, one which I can afford to lose. Bump I watch my money grow, at subsequent times, I purchased much coins. My 10 year long awaited dreams came to pass in this forum.

I'd love to post screenshots of my purchases this year to solidify my proof, but I find it very difficult to do. Hoping to master the forum fully in subsequent times.
 


Title: Re: DCA: the power of little beginning
Post by: coolcoinz on April 02, 2024, 05:49:12 PM
Just so you know, DCA is actually inferior to lump sum buying because you're minimizing the potential loss (temporary) at the cost of potential profit. If you DCA over the course of a month, buying 4 times instead of once on the first of each month, if the price goes up within that month you will not only make less money in fiat terms, but also end up owning less bitcoin because it will become more expensive.

DCA is only for people who can't afford lump sum buying, it's not a method of maximizing your gains, or the amount of bitcoin you can hold. It's good for a bear market, but not so much when the market is stable or goes up.


Title: Re: DCA: the power of little beginning
Post by: MarjorieZimmermanGinger on April 02, 2024, 07:07:21 PM
DCA method is one of the most applied methods. An investor does not need to make much effort to learn and apply this method. The DCA method allows making a continuous and regular investment with a simple method.

Many factors such as volatility and negative news in the market can push investors away from the market. An investor who decides to apply the DCA method may ignore these negative factors in the market.
People who have a much better financial structure even use the DCA strategy to buy bitcoin and this aims to enable them to enter the market regularly according to the time they determine. Investors have their own styles and methods when they want to buy bitcoin, but if you look at it, most people on this forum specifically apply the DCA strategy. The issue of volatility and negative news is something that often occurs in the Bitcoin journey and investors probably already understand it very well.

In fact, using the DCA pattern we can create a steady accumulation even though negative news continues to appear and when bitcoin is hit at a much higher price then we can use other methods to buy bitcoin in much larger amounts. For example, using reserve funds that we deliberately save for certain needs and that can be used to buy bitcoin in those conditions.


Title: Re: DCA: the power of little beginning
Post by: thecodebear on April 02, 2024, 07:36:02 PM
Just so you know, DCA is actually inferior to lump sum buying because you're minimizing the potential loss (temporary) at the cost of potential profit. If you DCA over the course of a month, buying 4 times instead of once on the first of each month, if the price goes up within that month you will not only make less money in fiat terms, but also end up owning less bitcoin because it will become more expensive.

DCA is only for people who can't afford lump sum buying, it's not a method of maximizing your gains, or the amount of bitcoin you can hold. It's good for a bear market, but not so much when the market is stable or goes up.


I think you're missing the point of DCA.

DCA recognizes that we can't know what the price will be at any given time. If you lump sum buy on any given day, you don't know if the price will be higher or lower in a week. So maybe buy today and miss out on a better price a week later. With DCA you don't have to worry about trying to guess the best time to buy.

And with Bitcoin, since we have something that basically supercharges Bitcoin investing - the 4 year market cycle - by telling us what periods of every four years we should be buying, we can then use that to our advantage and greatly increase the returns of DCA. So we can DCA only during the lower part of each 4 year cycle, like buying starting once Bitcoin has crashed a lot, and then continuing to buy until it goes above the old ATH, and then wait for the next crash, saving money in the meantime to be able to DCA with extra funds on the next bear market. And with DCA, instead of guessing when to buy during a bear market , and many people would likely lump sum well before the bottom, or assume a lower price is going to come which never does and then they have to lump sum well after the bottom, DCA allows buying consistently all through the bottom.

DCA removes the risk of being wrong about when to lump sum buy, and of course it also means people don't have to save up a bunch of money first before buying. Lump sum buying is ONLY better if you happen to have a bunch of money at an ideal time (bear market) and you guess well enough where the bottom is to get near it.

Getting lucky is not an investment strategy. DCA is the superior investment strategy that decreases risk, can be used strategically with Bitcoin to increase profits over a generic DCA, and is more likely to beat out lump sum buying for many people because of that less risk and timing the market with luck (guessing) not being an important part of DCA.


Title: Re: DCA: the power of little beginning
Post by: GbitG on April 02, 2024, 08:17:36 PM
DCA is tested and trusted method of accumulating Bitcoins, so one can go for it without any doubts.
Definitely bro I dearly agree with you that DCA (Dollar Cost Averaging) is a "Trusted" and "Tested" strategy. You mentioned two words that are very good and perfect. The words are small, but the meaning is big. "Tested" and Trusted. DCA strategy is one of the greatest strategies for newbies and experienced players. Which prevents you from taking the biggest risk, i.e., volitility. Under the same strategy, you can save your assets from losing more by reducing volatility. 
 
Similarly through DCA we can steady the accumulation of Bitcoin. DCA is the only strategy that provides you with an excellent investment pattern in both the bull market and bear market with minimal risk and less volatility. The best feature of DCA that every person wants is to get the opportunity to invest in Bitcoin, that is, if you did not invest in Bitcion at one point in the dip, then DCA gives you the opportunity to invest.


Title: Re: DCA: the power of little beginning
Post by: DaNNy001 on April 02, 2024, 08:47:37 PM
DCA is tested and trusted method of accumulating Bitcoins, so one can go for it without any doubts.
Definitely bro I dearly agree with you that DCA (Dollar Cost Averaging) is a "Trusted" and "Tested" strategy. You mentioned two words that are very good and perfect. The words are small, but the meaning is big. "Tested" and Trusted. DCA strategy is one of the greatest strategies for newbies and experienced players. Which prevents you from taking the biggest risk, i.e., volitility. Under the same strategy, you can save your assets from losing more by reducing volatility. 
 
DCA covers all aspects of an investment worries of not being able to buy big at once because thats the mentality for some person that actually rush into getting an investment in Bitcoin. But DCA is always there for low income investor that don't have the power of buying like a whale, the concept is that you start up small but can later end up being a whale.


Title: Re: DCA: the power of little beginning
Post by: SATWAT on April 02, 2024, 09:36:16 PM
DCA is tested and trusted method of accumulating Bitcoins, so one can go for it without any doubts.
Definitely bro I dearly agree with you that DCA (Dollar Cost Averaging) is a "Trusted" and "Tested" strategy. You mentioned two words that are very good and perfect. The words are small, but the meaning is big. "Tested" and Trusted. DCA strategy is one of the greatest strategies for newbies and experienced players. Which prevents you from taking the biggest risk, i.e., volitility. Under the same strategy, you can save your assets from losing more by reducing volatility. 
 
DCA covers all aspects of an investment worries of not being able to buy big at once because thats the mentality for some person that actually rush into getting an investment in Bitcoin. But DCA is always there for low income investor that don't have the power of buying like a whale, the concept is that you start up small but can later end up being a whale.
There is no doubt things like these can bring huge impact on anyone and surely small investors can also gain huge profit, but we need consistency and patience as well for these all strategies which are covering good things for the small investors in this community.
After long stressful life I am also going to jump into this way and surely going to post my all experience in this journey because this is the best way for the peoples like me those were looking for the change and having nothing to do things for themselves.


Title: Re: DCA: the power of little beginning
Post by: Volimack on April 02, 2024, 11:59:54 PM
As far as I'm concerned overall the DCA method is a much safer investment strategy as it helps compensate for large market declines and works well for investors with any level of experience. This strategy is generally best for individuals who want to hold cryptocurrency assets for an extended period of time. The main advantage of DCA is that it removes emotion from investing.


Title: Re: DCA: the power of little beginning
Post by: harapan on April 03, 2024, 02:05:10 AM
Before now, I have underrated the DCA method just because I thought it was only meant for bitcoin. It was when I read a documentary about DCA as the most effective and stressed free way of being wealthy. I have had little/no respect for DCA but it is the most peaceable way to invest in bitcoin.

DCA is not necessary only for low income earners. It is also used by the wealthy and other experienced traders or investors when the market is not so certain.
Honestly,the DCA strategy seems to be a good investment choice for anyone that wants to accumulate wealth.There's no doubt that DCA can help one to study the accumulation of bitcoin.DCA is a long term investment plan,although,all investing involves risk, but given the crypto market’s potential for extreme volatility, you should only invest money you can afford to lose.

This attempt aims to reduce the impact of market volatility on the overall investment and allows you, as an investor to accumulate your position over time.
Many people had this particular challenge in Course of investing,meanwhile some failed and fell along the line.The most important feature is for DCA is that it faces the volatile cryptocurrency markets,and it minimizes the risks of an unfavorable investment outcomes precisely.


Title: Re: DCA: the power of little beginning
Post by: Obim34 on April 03, 2024, 06:01:00 AM
DCA is tested and trusted method of accumulating Bitcoins, so one can go for it without any doubts.
Definitely bro I dearly agree with you that DCA (Dollar Cost Averaging) is a "Trusted" and "Tested" strategy. You mentioned two words that are very good and perfect. The words are small, but the meaning is big. "Tested" and Trusted. DCA strategy is one of the greatest strategies for newbies and experienced players. Which prevents you from taking the biggest risk, i.e., volitility. Under the same strategy, you can save your assets from losing more by reducing volatility. 
 
DCA covers all aspects of an investment worries of not being able to buy big at once because thats the mentality for some person that actually rush into getting an investment in Bitcoin. But DCA is always there for low income investor that don't have the power of buying like a whale, the concept is that you start up small but can later end up being a whale.
DCA is absolute when it comes to strategies to deploy during making Bitcoin investment, their is aswell many good features associated with it, which you clearly listed some. DCA doesn't look if a person is financially capable or not, even those who have enough to lump aswell void the idea and decides to DCA. Most people decides to DCA because it is very difficult to assume the highest DIP to lump sum, so in the process of Dcaing, an investor can easily buy from so many DIPS which will help in balancing their portfolio. DCA takes a lot of time and years other than lump sum, which means buying more DIP as per every cycle to be witnessed, which means at some point we may get enough profits while DCAING than applying any other strategies.


Title: Re: DCA: the power of little beginning
Post by: coolcoinz on April 03, 2024, 07:02:18 PM
I think you're missing the point of DCA.

DCA recognizes that we can't know what the price will be at any given time. If you lump sum buy on any given day, you don't know if the price will be higher or lower in a week. So maybe buy today and miss out on a better price a week later. With DCA you don't have to worry about trying to guess the best time to buy.

That could work assuming that from the moment you decide to buy there's exactly equal chance of bitcoin going down as of it going up, but this is not the case.
Bitcoin is a growing asset that follows the adoption curve and as long as it exists and meets the demands, it will continue to go up.
Let's not forget that bitcoin tends to follow cycles, so it's not that hard to buy bitcoin in a relative low (50% from the ATH). If you did this easy and simple thing over the years, you'd always display better results than most traders, including the ones who DCA.

Don't believe me, check how many 50% corrections there were since 2013 and do the math for any given period comparing DCA method with a 50% lump sum buy with the same capital.
You'll see that the simplest method produced far better results every time.

Quote
And with Bitcoin, since we have something that basically supercharges Bitcoin investing - the 4 year market cycle - by telling us what periods of every four years we should be buying, we can then use that to our advantage and greatly increase the returns of DCA. So we can DCA only during the lower part of each 4 year cycle, like buying starting once Bitcoin has crashed a lot, and then continuing to buy until it goes above the old ATH, and then wait for the next crash, saving money in the meantime to be able to DCA with extra funds on the next bear market.


That's not the best idea if you ask me. Let's take this year. If we followed your advice we'd be buying until the new ATH, so we'd be buying 66k -73k and now during the correction we'd be holding that at a loss, right? Now let's say it doesn't go to a real ATH and just crashes 50%, you're going to be stuck with the coins you bought using DCA since February and trying to get funds to buy more, since now it's the dip, a moment you actually should be buying, but your money is stuck in $70k bitcoin.

Quote
And with DCA, instead of guessing when to buy during a bear market , and many people would likely lump sum well before the bottom, or assume a lower price is going to come which never does and then they have to lump sum well after the bottom, DCA allows buying consistently all through the bottom.

Why not simply buy it during a correction and hold. Does it really matter that it wasn't the exact bottom? Last bear market I was heavily buying everything between 25k and 19k on the way down, as it was a good price to pay. It went lower and I did not buy because I was out of money at that point, but I still think I did better than people who caught that bottom using DCA, but were spending $100 a week instead of going all at $20k.  

Quote
DCA removes the risk of being wrong about when to lump sum buy, and of course it also means people don't have to save up a bunch of money first before buying. Lump sum buying is ONLY better if you happen to have a bunch of money at an ideal time (bear market) and you guess well enough where the bottom is to get near it.
Are you really "wrong" when you don't buy at the exact bottom? Who cares? When you DCA you also don't buy the bottom, you just make it look like you do, because buying the bottom with 1% of your capital doesn't really cut it when 99% of it does not buy the bottom. It's like running from the cops in your car 10 times and 9 out of 10 they catch you and put you in jail, but one time you run away and you feel good about it and brag to people that there was one time you managed to outsmart them :D


Title: Re: DCA: the power of little beginning
Post by: I_Anime on April 05, 2024, 07:49:53 AM

I have come to understand and appreciate the saying that "little drops of water make a mighty ocean", the DCA method of buying Bitcoin brought me to that understanding. I have had this poor mindset of making huge profits from trading thereafter, invest part of it into Bitcoin holding as a hedge to my trading
I can actually relate to this though, having such mindset that trading would make rich quick but instead it turnup to be that opposite due to various losses encountered during my days of trading , ( though alot have made it through trading), I guessed may be was because of the half-size knowledge I had back then , but got to a point I discovered that I was not even progressing in it at all, then I came across a thread here on this forum head about some users talking about DCAing how they normally by bitcoin at different price interval consistently either monthly or weekly, then I decided to go give it a try , as time goes found out that my pregress was really showing that time around , due to the recent surge in price bitcoin as undego this past months.

To those who really helped in sharing their wealth of knowledge free of charge in this forum like @JayJuanGee, @Wind_FURY, @tranthidung and many others, you are all highly appreciated.
exactly , they where actually a big help to me too, guiding me and given me more courage to embark on long-term holding of bitcoin, back then my confidence in investing was pretty low due to various losses from various shitcoins. But now those confidence has been recovered back






Title: Re: DCA: the power of little beginning
Post by: |MINER| on April 05, 2024, 10:25:52 PM
In my opinion investing in Bitcoin for long term DCA method will work for the beginner level to the professional. And if the trader knows the effectivity of DCA investment then I think all of them will also start there DCA investment besides there other trading. And yes of course for the beginner who have little knowledge about investment and also newbie in cryptocurrency what them dca method is the best way to invest. Most of the case it always gives the profit rather than faceing losses.


Title: Re: DCA: the power of little beginning
Post by: Churchillvv on April 05, 2024, 10:42:03 PM
The DCA method is actually an instrument for us to do something that others think we can't do, but eventually, when it increases, it turns out to have a high value in the market.
Basically, the Dollar Cost Averaging is a way for one to practically purchase an asset that seems too big if we want to buy in a whole, it's almost the same thing as paying installmental. DCA method was coined here to fix the gap of people who practically can not afford bitcoin in a whole, or those who see it as too expensive to buy hence they buy gradually with a long term investment target in mind and at the end they finally met up with the said target of owning an asset. So you're a bit far from the truth.


DCA is also not only applicable to Bitcoin because there are also many other top cryptos on the market that can also give us big profits in the future, as long as we don't give up but instead be strong and patient.
But it's obvious that we are discussing bitcoin here, and hence the DCA method is most applicable in buying bitcoin. For other assets (altcoins) it's really not necessarily to dca into them except for a coin that has become way too expensive and non of the altcoins are too expensive, only Ethereum has a little price that seems expensive but not really. So the discussion is hanged aroun bitcoin only.


Title: Re: DCA: the power of little beginning
Post by: 2Pizza410000BTC on April 05, 2024, 10:42:50 PM
DCA method is the best way to invest. If a person cannot afford to invest at once then he can increase his investment by investing in DCA method. There are many users here who don't have money to invest at once, they can invest because they don't have enough money. If all these people invest monthly or weekly using DCA method, they can all invest and get success. No matter what you want in life if you know about bitcoin I would say invest in bitcoin if you can't afford it use the method if necessary and continue your investment until you get the maximum success hope everyone gets a lot of success.


Title: Re: DCA: the power of little beginning
Post by: Essential10 on April 06, 2024, 12:49:16 AM
There are no restrictions on Bitcoin investment can be done by anyone personally anyways. DCA approach to investing seems very convenient to me. Apart from those who have a lot of money, I have seen most of the people in the world hold back on investing because they cannot accumulate a good amount to invest. In that case I find this DCA method quite useful. Almost universally the DCA method will work for everyone.  Anyone who wants to succeed in Bitcoin investing. So in long-term investing anyone can invest any amount in a week or month according to their ability to get success from their investment in the future.


Title: Re: DCA: the power of little beginning
Post by: Bd officer on April 06, 2024, 12:58:20 AM
DCA method is the best way to invest. If a person cannot afford to invest at once then he can increase his investment by investing in DCA method. There are many users here who don't have money to invest at once, they can invest because they don't have enough money. If all these people invest monthly or weekly using DCA method, they can all invest and get success. No matter what you want in life if you know about bitcoin I would say invest in bitcoin if you can't afford it use the method if necessary and continue your investment until you get the maximum success hope everyone gets a lot of success.
Investing in Bitcoin with the DCA method is good for everyone. But not only for those who have very little money, but also for those who have a lot of money to invest in Bitcoin, investing in DCA method is better. But those who have less capacity, if they can continue to invest in DCA method for long term then their investment amount will be much bigger at some point. So even if you have very little means you invest in DCA method, at some point you will feel like you are an investor too.


Title: Re: DCA: the power of little beginning
Post by: arjunmujay on April 06, 2024, 06:23:06 AM
Just so you know, DCA is actually inferior to lump sum buying because you're minimizing the potential loss (temporary) at the cost of potential profit. If you DCA over the course of a month, buying 4 times instead of once on the first of each month, if the price goes up within that month you will not only make less money in fiat terms, but also end up owning less bitcoin because it will become more expensive.

DCA is only for people who can't afford lump sum buying, it's not a method of maximizing your gains, or the amount of bitcoin you can hold. It's good for a bear market, but not so much when the market is stable or goes up.
You are right in saying that, if you can buy at a cheap price in that month, you will certainly be able to get more bitcoins. but again this DCA is reserved for those who no longer think about market movements. from a psychological point of view, you also don't want to feel greedy by continuing to have less when buying bitcoins. if you want to buy, just buy at that price, the problem of profit is what the latter says is important that the accumulation target is achieved.


Title: Re: DCA: the power of little beginning
Post by: Fiasem20 on April 08, 2024, 08:19:20 PM
Exactly, little drops of water make a mighty ocean,this statement reflects in the crypto space.Many investors have failed to accumulate bitcoin using the DCA strategy.The DCA strategy has proven historically as one of the best investment strategy to accumulate bitcoin.DCA strategy helps investors to accumulate bitcoin with a fixed amount periodically (Daily, weekly, monthly) regardless the price.The DCA strategy is not only used by investors in the crypto space but it's also used by investors outside the crypto market for investors to purchase/accumulate stocks, asset etc.Since investment refers to long term it's best investors/bitcoiners adopt the DCAing strategy, instead of investing huge amount of money then at the end of the day your expectations wasn't accomplished it's best we adopt the DCAing strategy into the crypto space to reduce losses due to price volatility.As an investor it's best you invest on what you can afford to loss.


Title: Re: DCA: the power of little beginning
Post by: Rizzi33 on May 14, 2024, 06:38:56 PM
Dollar Cost Averaging (DCA) truly proves that consistent efforts lead to significant results. It's inspiring to see your journey and success with Bitcoin investment.


Title: Re: DCA: the power of little beginning
Post by: Vinaa77 on May 14, 2024, 11:20:08 PM
Just so you know, DCA is actually inferior to lump sum buying because you're minimizing the potential loss (temporary) at the cost of potential profit. If you DCA over the course of a month, buying 4 times instead of once on the first of each month, if the price goes up within that month you will not only make less money in fiat terms, but also end up owning less bitcoin because it will become more expensive.

DCA is only for people who can't afford lump sum buying, it's not a method of maximizing your gains, or the amount of bitcoin you can hold. It's good for a bear market, but not so much when the market is stable or goes up.
You are right in saying that, if you can buy at a cheap price in that month, you will certainly be able to get more bitcoins. but again this DCA is reserved for those who no longer think about market movements. from a psychological point of view, you also don't want to feel greedy by continuing to have less when buying bitcoins. if you want to buy, just buy at that price, the problem of profit is what the latter says is important that the accumulation target is achieved.
If we really have the opportunity to collect Bitcoins when prices are decreasing, of course we will be able to get more Bitcoins with less capital. Yes, those who use this method will of course only focus on collecting a number of Bitcoins according to their abilities and will choose to survive for a long period of time and they have set investment targets so that they do not have to think about the profits they will get in the near term.


Title: Re: DCA: the power of little beginning
Post by: Ben Barubal on May 15, 2024, 01:26:48 AM
     This DCA is the main tool for us to accumulate bitcoin and other top cryptos in the market. And these methods are used by all investors, whether they are rich, poor, or middle-class investors, as they are called. In shot, Dca is a proven and tested tool for holders, right?

     Until now, many investors or holders are using it, and I am included, and the number of communities that will use this DCA will increase in the coming
days or time.


Title: Re: DCA: the power of little beginning
Post by: Emmanuelex on May 15, 2024, 01:29:48 AM
It's always best to start, no matter how little you have. If you keep waiting for the time you would have a lot of money before you start investing, you're just going to end up missing a lot of good opportunities.

So, it's best to just start now and keep building up, before you know it, you would hit whatever target you have set


Title: Re: DCA: the power of little beginning
Post by: NewRanger on May 15, 2024, 06:42:08 AM
It's always best to start, no matter how little you have. If you keep waiting for the time you would have a lot of money before you start investing, you're just going to end up missing a lot of good opportunities.

So, it's best to just start now and keep building up, before you know it, you would hit whatever target you have set

Yess. Everything seems small at first when we start and I agree that all have a first step and the first step when you want to invest in BTC is to start buying it even with just a few dollars e.g. $50 at least or below the value with cold money without being disturbed by other urgent needs.

It takes hard work and will pay in time and BTC is not an empty box that has no value and meaning in the future. In the future, maybe the global economic atmosphere will not be okay and we can prepare preparations from the beginning even though we are a little late compared to those who have known this earlier.



Title: Re: DCA: the power of little beginning
Post by: Freddie Boyer on May 16, 2024, 08:51:40 AM
It's always best to start, no matter how little you have. If you keep waiting for the time you would have a lot of money before you start investing, you're just going to end up missing a lot of good opportunities.

So, it's best to just start now and keep building up, before you know it, you would hit whatever target you have set

Smart answer and that's what it means if you think about it without starting it's the same as the price getting lower and the opportunity to get the desired price passed. Very often many people come and buy when the price of BTC is rising very high even though previously there was a discount when the correction came, it was not utilized and it was dominant like that and for reasons of being busy. which definitely hasn't been bought yet if we ask.


Title: Re: DCA: the power of little beginning
Post by: Russlenat on May 16, 2024, 02:01:42 PM
It's always best to start, no matter how little you have. If you keep waiting for the time you would have a lot of money before you start investing, you're just going to end up missing a lot of good opportunities.

So, it's best to just start now and keep building up, before you know it, you would hit whatever target you have set
Each small amount of money will always be relevant to bitcoin, so if you don’t want to miss out opportunities, don’t procrastinate but invest now so you can reap massive profits in the future. Does not matter if you don’t have sufficient funds on hand, what’s more important is that you take an action now and start investing even with a small amount of capital. Little did we know this small amount of capital will gradually grow and turn millions in the future, just trust the process.


Title: Re: DCA: the power of little beginning
Post by: Lantind on May 16, 2024, 05:40:08 PM
It's always best to start, no matter how little you have. If you keep waiting for the time you would have a lot of money before you start investing, you're just going to end up missing a lot of good opportunities.

So, it's best to just start now and keep building up, before you know it, you would hit whatever target you have set
Smart answer and that's what it means if you think about it without starting it's the same as the price getting lower and the opportunity to get the desired price passed. Very often many people come and buy when the price of BTC is rising very high even though previously there was a discount when the correction came, it was not utilized and it was dominant like that and for reasons of being busy. which definitely hasn't been bought yet if we ask.
If we think too much about the investment we are going to make then we will never be able to start investing because we cannot know for sure whether the investment we are going to carry out will work well or not if we haven't tried it and after we try it we will be able to know where our shortcomings are and we will be able to fix them and of course this will be very useful when we try to re-run the investment we are going to carry out.

When someone buys Bitcoin when it experiences an increase, of course they don't understand well about investing in Bitcoin and they don't do this based on the knowledge they have. Of course this will be very detrimental to them. If they understand well about investing in Bitcoin, of course they will. can know the right time to buy it or buy using the DCA method and they can do it consistently so they can achieve the targets they invest in.


Title: Re: DCA: the power of little beginning
Post by: Ben Barubal on May 17, 2024, 12:23:02 AM
It's always best to start, no matter how little you have. If you keep waiting for the time you would have a lot of money before you start investing, you're just going to end up missing a lot of good opportunities.

So, it's best to just start now and keep building up, before you know it, you would hit whatever target you have set
Each small amount of money will always be relevant to bitcoin, so if you don’t want to miss out opportunities, don’t procrastinate but invest now so you can reap massive profits in the future. Does not matter if you don’t have sufficient funds on hand, what’s more important is that you take an action now and start investing even with a small amount of capital. Little did we know this small amount of capital will gradually grow and turn millions in the future, just trust the process.

      That's what all crypto/bitcoin enthusiasts believe: with a small amount, there is a huge chance that the value will increase in the future, and many people have proven that in Bitcoin and even in other cryptocurrencies that are in the top listing of the market.

     Maybe it's just a small amount right now and it doesn't seem to have any value, but we'll be surprised one day; the value will be high. We didn't expect the price to increase like that, so what you said is right: we will also harvest on the right day and time. .


Title: Re: DCA: the power of little beginning
Post by: Ale88 on May 17, 2024, 12:56:13 AM
Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading.
I totally understand you because I did the same mistake. But I don't regret it, I think making mistakes is all part of the process and it makes a more experienced investor. Of course they are two totally different routes, one is way more exciting than the other, but it's also way more stressful when things start going south, I still remember sometimes I woke up in the middle of the night to check some open trades... On the other hand DCA is so quite and simple that is boring, but you have no worries, just keep buying and that's it.


Title: Re: DCA: the power of little beginning
Post by: laijsica on May 17, 2024, 11:55:48 AM
It's always best to start, no matter how little you have. If you keep waiting for the time you would have a lot of money before you start investing, you're just going to end up missing a lot of good opportunities.

So, it's best to just start now and keep building up, before you know it, you would hit whatever target you have set
Each small amount of money will always be relevant to bitcoin, so if you don’t want to miss out opportunities, don’t procrastinate but invest now so you can reap massive profits in the future. Does not matter if you don’t have sufficient funds on hand, what’s more important is that you take an action now and start investing even with a small amount of capital. Little did we know this small amount of capital will gradually grow and turn millions in the future, just trust the process.
Of course it is best to invest in BTC initially in small amounts. And in this case DCA method is the best because in this method you can start from any amount and you can get desired profit by managing it for long time. It is recommended to increase the DCA amount over time to see your investment funds grow as much as possible.


Title: Re: DCA: the power of little beginning
Post by: Churchillvv on May 17, 2024, 06:16:43 PM
This DCA is the main tool for us to accumulate bitcoin and other top cryptos in the market. And these methods are used by all investors, whether they are rich, poor, or middle-class investors, as they are called. In shot, Dca is a proven and tested tool for holders, right?

 Until now, many investors or holders are using it, and I am included, and the number of communities that will use this DCA will increase in the coming
days or time.
Dollar Cost Averaging is not the main tool for bitcoin accumulations if you say it's the main tool then you're getting it wrong, it's just one of the methods which is used frequently to buy bitcoin for a long term purpose.
Perhaps bitcoin is the only cryptocurrency that the dollar cost averaging has been proven to be the best method to acquire with because other cryptocurrencies are not as expensive as bitcoin only Ethereum is second to bitcoin in price hence acquire other cryptocurrencies might not need to be DCAed as it's cheap one can buy them at any given time.

One of the major reasons why dollar cost averaging has made it way to prominence over all other method which includes lump sum, but the dip etc is the fact that it allows investors/buyers to purchase at any circumstances, it reduces the stress of waiting till you have up to the current price of bitcoin before you can buy. At some point it helps as a discount especially when the price is low.

For now their is no other method or purchasing strategy that is above DCA hence it remains the best in the main time.


Title: Re: DCA: the power of little beginning
Post by: coolcoinz on May 17, 2024, 07:25:08 PM
I did some DCA because I'm getting a few bucks every week from my signature campaign and I've been doing it for years, but I still wouldn't recommend that to all. There are situations where DCA is good and there are some where it's not.

When you're a small earner, like many of us here. You get a few extra dollars every month. Why not put that into bitcoin? On the other hand it's dumb for a millionaire to do the same. For him the best option is a lump sum purchase and I've seen articles where people show that lump sum, if you can afford it, is better than DCA.


Title: Re: DCA: the power of little beginning
Post by: wiss19 on May 20, 2024, 02:45:43 PM
Little did I know that buying little by little would have made me achieve even bigger results than I was targeting through trading.
I totally understand you because I did the same mistake. But I don't regret it, I think making mistakes is all part of the process and it makes a more experienced investor. Of course they are two totally different routes, one is way more exciting than the other, but it's also way more stressful when things start going south, I still remember sometimes I woke up in the middle of the night to check some open trades... On the other hand DCA is so quite and simple that is boring, but you have no worries, just keep buying and that's it.
I think that to regret is only fine because we are only just a human but we must only try better next time, so that we won't regret again. When you say two different routes, you must be referring to investing and trading. I think that there is also an excitement factor in investing because we still don't know the flow of the coins and this is also stressful at the same time.

There is also a stress when we experience a permanent loss. It's also up to the person and their experience. Investing is not only limited to buying but we also need to do a research first, so that we can increase our chances of earning a profit after a long time of hodling them.


Title: Re: DCA: the power of little beginning
Post by: Casdinyard on May 20, 2024, 03:00:14 PM
The amount of people underestimating increments is just baffling to me, just because you can't see immediate gains doesn't mean you're not gaining anything at all!

DCA is an even more powerful increment system as it not only ensures you always have a stake at a cryptocurrency of your choosing, it also gives you access to one of the most profitable ventures out there which is crypto investing, so the money that you initially invested yesterday's got a massive chance of becoming an even bigger amount of money tomorrow. So yeah, DCA-ing in crypto's just one of the smartest things you can do for yourself and for your money.

A dollar goes a long way, and if in any case I would highly suggest you do the 30-day system too! You put in a dollar on your first day of investing, 2 dollars on the next day, 3 dollars on the third day, and so on and so forth until you reach either 30 bucks or 31 dollars, by then, reset and rinse and repeat. This should allow you to put in a comfortable amount of money, and even better, it hastens your DCA investment process cause compared to having put a certain amount of money once every month or week or so, you do this shit everyday.


Title: Re: DCA: the power of little beginning
Post by: NewRanger on May 20, 2024, 04:27:55 PM
I did some DCA because I'm getting a few bucks every week from my signature campaign and I've been doing it for years, but I still wouldn't recommend that to all. There are situations where DCA is good and there are some where it's not.

When you're a small earner, like many of us here. You get a few extra dollars every month. Why not put that into bitcoin? On the other hand it's dumb for a millionaire to do the same. For him the best option is a lump sum purchase and I've seen articles where people show that lump sum, if you can afford it, is better than DCA.

I agree with the method of purchasing at once where it is quite simple and also easy with a note of enough funds and no need to bother in installments, it's just that back to the point of your first paragraph if you get more income as you mentioned above and that is quite helpful.

The obstacle now, currently there are still many people who do not have more income to be allocated regularly to be able to buy BTC even though it is only 30 dollars per month and still have to find other income to be able to cover the lack of monthly costs either for themselves or those who are married of course.