You're speculating, and missing the most important thing:
DCA can increase the number of shares purchased when the market is declining and can lead to fewer shares purchased if the share price is rising.
Sir, Many thanks for putting these lines here to make it more informative. As per my opinion, DCA is never about raising and declining. DCA is all about consistency, we have to buy both ups and downs to make a good average of our investment at the end of the day. We are using DCA (doller-cost averaging) as it is represented by its name, right?, to make a good average of our net cost, and my second point is that DCA is well situated for those people who do not have that much money to invest at one time like lump sum and receive their amount after one month as a salary. You would have been better off buying lump sum in week 4, 5, 6, 7 or 8. In a way, DCA is trying to time the market, assuming it's going to drop. If that's what you believe, just wait. Some people are still waiting to buy Bitcoin at $200.
On the other hand, lump sum is well situated for the big investors, who really don't care about short-ups and dips. So, they go for the lump sum rather than DCA. Well, I'm not saying big investors should not do DCA or whatever they are doing; it all depends on their mindest as they sometimes play games to changes the market sentiments. So, they really don't care of these small shits. At the end, I would like to say thank you for sharing your opinion here with us and also for being a part of this thread. Kind Regards! -snowpega- |
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<…>
That's the way to achieve it, so long as the OP bears in mind that, to actually see the thread’s creation date/time, he (simply) has to click on the subject and look at the time on the first post of each thread within the displayed results. As a curiosity, the forum’s search function lists precisely what the OP wants (the date/time of the thread’s creation), when normally one would probably rather have the post’s creation date/time listed in the results. Sir, I'm happy to see you here. i just wanted to make it as simple as the section of last reply in front of thread. like hosseinimr93 also suggest me a good thing, which I really respect, but to overcome these kinda thing i put my suggestion here. Many thanks! Kind Regards snowpega |
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Hi there! I hope you all doing well. I was thinking that there should be a separate section where we will be able to see the date of creation of the topic like when it was/is posted. We all know that we can see the last reply in front of the topic and the time of the last reply as well in front of topic. We have to open the thread to know about the date of a topic when it was posted on BTT. what you guys say if we wil be able to see this "Time of creation of the topic" along with the last reply section it will be ease for us to know the time of creation of the topic without opening the thread. we need not to open any particular thread jsut to know its creation date. Many thanks! Note: it is just a suggesstion.  Like, i mean to say there can be a section of date of post after the line which i draw in the picture. -Snowpega- |
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Hi there! Hope Y'all doing well. I would like to discuss this difference here with my respectable senior as well as the newbie members of the Bitcointalk Community. So, what you guys say why not we all should put some light over this discussion by sharing our opinion and knowledge along with our experiences. Note: This thread may helpful to other member who just start their BitcoinBTC accumulation just now. So, Share your knowledge, opinions and experience accordingly. Many Thanks! To be very honest, if i have to choose anyone of these i would choose DCA strategy Because we can never time bitcoin BTC market. We can just make some predictions by keeping in mind, Past behaviour & market sentiments of the Bitcoin BTC along With TA and FA. i'm sharing my whole thread where i explained DCA technique with deep discussion rather than i explain the whole DCA strategy here again.....>>> A Complete Guide for Cryptocurrency Newbies "The Best Way Of DCA". My opinion is to use DCA strategy for bitcoin accumulation because Bitcoin market sometime in dip and sometime in up behavior. we can't time the market anytime. So, while using DCA strategy we need to stay consistent and keep investing short amount of our money after interval of time "time interval can be weekly, bi-weekly or Monthly as well". In this way, we will get opportunities to buy dips and ups both being in the Bitcoin Market which at the end of the day gives us a good Average of our investment. On the other hand, Lump-sum investment can be useful and maybe not. As i aforementioned that we can't time the market. So, what will happen using this strategy for BTC BTC accumulation? The person will buy Bitcoin at higher price or maybe at lower price with full of his investment at the same time. Sometime, he/ she fell prey to FOMO because he/she is waiting to see more dip for his accumulation of Bitcoin. In case, if it do not happen like price will not go more down he/she will miss his/her great opportunity of buying. Why i don't like Lump-sum investment because we have to invest our whole amount at the same time for accumulation of BTC BTC. Many Of the people fell prey to FOMO while investing in the market and their way to accumulation of bitcoin. So, To overcome it you can read this thread as well because knowledge is the power in cryptocurrency world. A Guide for Cryptocurrency Newbies for Overcoming FOMOEnd: it is my part over the discussion "DCA Vs Lump-sum" So, Please must share your thoughts, opinion & Knowledge over this topic "DCA Vs Lump-sum" to make this thread useful for me and my other beloved members of the Bitcointalk community. -snowpega- |
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I feel as if you quoted your words from a source. If you do not include the source link, your account will be banned.
You are talking about DCA in general and not using it with Bitcoin, as there are some tips that reduce transaction fees and the possibility that the price will be high instead of investing at fixed times.
The bottom line is that it is a suitable method for long-term investment if you want to sell on the basis of cycles and not at any time.
Yes Sir i know the rule of this forum and never want to violate it anytime. Actually, these idea come to my mind from the thread Buy the DIP, and HODL! there alot of my seniors members are talking about what is DCA DCA?? so thats why i came here to put some light on DCA strategy. Well To be very honest alot of thing i have mentioned in this thread i learn from bitcointalk members and after that i did some research for the best results for my newcomers to understand easily as you can see the second picture i took from another website. This picture is the only thing i took from another website and i also added the source link . when you will click the image you will be redirect to the website from where i took the only one image. First image i designed by my own From canva. Rest of that sir many thanks for the suggestions DCA for bitcoin i really forgot to add this part but you mentioned here. regards -snowpega- |
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Wow! Really good news to read. With one step in front of the other, we keep expanding mass adoption. What I love about such news is how they can impact other countries. The president of another country reads the news and sees reasons to implement it just like other countries, and that’s just how it’s spreads. In no time, we will lose count of the countries that are making positive waves in crypto.
Buddy really impressed the way you thinking. i really read your reply just now. i have created another thread for Singapore news as Singapore gives one more approval to another exchange. I was replying the same thing to Odohu after that i came here and read your reply in this thread and you also mentioned the same things as me there which pretty strange  So, Yes Buddy this fact exist. You can also read this reply......>>> Singapore gives approval to Upbit Exchange |
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Does it mean Singapore is friendly to cryptocurrency? Is there a chance Bitcoin can be legalised there? Nevertheless these approvals are good news for us in the Bitcoin community... my question is just to gauge the level of Bitcoin penetration there.
Hi there! Hope You doing well. Your Questions is sounds well buddy. Well, Most population of the Singapore people is well educated about Cryptocurrency which means it is cryptocurrency friendly country. This is good news for the people of Singapore as upbit is the largest exchange of South Korea Although we know the News are publish publicly means anyone can read these news no matter where he/she belongs too right? and those countries who don't believe in Bitcoin and exchanges kinda things may be able to believe by reading these kind of news. Like the news if Singapore is Allowing these exchanges to be execute in their country then there may be chance of other countries Taking interest in this field of cryptocurrency. Well, i think these kind of news put some kinda impression on the market maybe late because it's obvious these things take time to be executed. Now, i know many of here will say market also relay on many other factors like demand and supply, CIP data and any other factors involve in it, I do agree with all of them but i am just sharing a little fact. sinpe..
Hmm, buddy thanks for mentioning this mistake, i actually i just noticed it as maybe the news is removed or deleted website so i am putting another source here. Many Thanks! Edited source news |
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Upbit South Korean biggest exchange just got approved in Singapore from the Monetary Authority. At the Beginning of the October another big exchange got approved in Singapore about 2nd of October By the Monetary Authority. Which i have already covered....>>> CoinBase approved in SingaporeWell, Upbit main purpose to offer the digital payment token Like bitcoin BTC or any other digital assets "According to the company statement" source
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A Complete Guide for Cryptocurrency Newbies "The Best Way Of DCA"
Introduction:In the past few days, I have realized that many of the people like the DCA strategy for Cryptocurrency investment. So, I came here for my newbie’s members with depth and in an easy easy-to-understand way which may help them to increase their portfolio. I would say, for those who are new to the world of cryptocurrency, it may be difficult for them to decide like what should be their first step into the market as a newbie and how to navigate this difficult and often unpredictable market situation in the form of pumps and dumps. Well, the thing that really comes to my mind is that DCA is one of the smartest strategy for newbies to be adopted for good results. In this thread, we will study what DCA is, why it is a great strategy for newbies in the crypto world, and how to implement it more effectively. So, let’s Talk about DCA (Doller cost average) technique. What Is DCA?Dollar-cost averaging (DCA) is an investment strategy in the world of cryptocurrency where you need to keep investing a fixed amount of your money at regular intervals of time, no matter what is the current price of the asset you want to buy. This strategy makes you able to spread your investment over time and reduce the impact of market fluctuation. Like you can really overcome the dumps and pumps into good results whenever you take the average of it at the end of the day. DCA is well situated for the newbies in the world of cryptocurrency as well as the expertise of the market. Why DCA is Ideal for Cryptocurrency Newbies Reduce risk: As we’ll know that the Cryptocurrencies are well known for their price fluctuation. The price of each cryptocurrency changes its value from time to time. That’s why the DCA strategy is well recommended for newbies which can help to reduce the risk for one who is trying to time the market by making sure that he/she is buying both in upswings and downswings market trends. Additionally, DCA can be really helpful in reducing the average cost of all of your investments. Avoid emotional decisions: The Cryptocurrency market is full of speculation, hype, and fear sometime these are created by fake social media news to catch the newbies in the traps. For those who have FOMO kind of issues, this strategy is well recommended for them to be adopted as DCA takes the emotion out of investing because of its regularity after some intervals. DCA investment schedule is a predetermined strategy. in this way, you can avoid your emotional decisions driven by market sentiment. Best for Long-Term Focus: if you are a newbie and just started your accumulation of desired asset like (BTC) DCA strategy will encourage you for a long-term approach to investing, which is actually more rewarding than lump-sum approach. Instead of keeping an eye on daily price fluctuations, you just need to focus on your predetermined schedule means that the fixed intervals you decided to invest or take new entry into the market. How to Implement DCA More Effectively Set Your Budget: Keep in mind that as you are using the DCA technique. so, you need to determine your fixed amount for each interval that you can invest easily to take entry into the market. Let’s in case you are investing 10$ or whatever you can afford easily all depend on for each interval. Consistency matters here you need to be consistent here. This can be the best way for good average results at the end of the day. I added this image for more convenience to understand how it actually affects your investment at the end of the day. Like in this picture which is the best way of investment Lump-Sum or DCA.
Select fixed time: In this part, you have to decide you periodic time when will you invest. It can be weekly or bi-weekly and monthly as well. It all depends on your financial situation like which time is more comfortable for you for taking entry into the market as I have aforementioned “It can be weekly or bi-weekly and monthly as well” Focus on Your Schedule: Once you've decided your budget around with your fixed timing, then you need to stick with your plan. To get the best results in your average results at the end of the day while calculating your portfolio consistency is key to success in DCA strategy. Prepare Emergency funds: To be very honest, I did not aware of this before but while having a deep discussion in the buy and hold thread I came to know about it from JayJuanGee and other mates in of the thread. Your emergency funds should be in your local currency that you can consume in any unexpected situation to overcome it. Time to time Review of Your Strategy: Take a periodic review after some months, to evaluate your average while doing DCA strategy. You can make any necessary adjustments if need to see more good results. Doing it, is really helpful to increase your portfolio by changing your investment frequency based on your goals and market trends. Do it only if needed like if you are not seeing good results then do some kinda adjustment in your strategy. Conclusion:DCA is a simple but yet powerful strategy that can be really helpful for the cryptocurrency newbies to navigate the unpredictable behavior of the crypto market. By setting your budget, and consistently investing over time after the decided interval, you can reduce the risks associated with crypto investing because the market is sometimes in an uptrend and sometimes in a downtrend so you are buying both of them at your fixed intervals and it can really helpful to increase your chances of long-term success. Remember that, DCA can be an effective strategy, but besides that, there are more strategies like asset allocation, diversification, a regular portfolio rebalancing which you can also adopt. It all depends on your research so Do your own research before adopting any of the strategies. |
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Overall i would say i like the OP idea. i can make things less massive like alot of newbies come to promote scam using their new account. which may relate to gambling or any scam token. i had that kinda experience, someone was trying to promote the crypto exchange which was related to AI like according to him/her the exchange was totally AI based we just need to put amount and it will generate profit for us and we need not to do anything at all.
I feel the way he/she was trying to emphasising the use of that AI based exchange which i don't think so much reliable in way he was trying to promote very hardly. The funniest thing i found there he was doing it with newbie account. At the end i would say your idea is quite Good.
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Yar thora explain karyn gay what is this? Lately wasn't active is thread main to idea nai ha is baray main. Agar app telegram group main bhy yyeah ideas wgera share kae deya karyn to pata lag jye. daily m.a yahan kafy posting ho rhy hoty han to kafy cheezyn miss ho jaty ha.
Assalam o Alaikum Brother Mai postain read kr rha tha and apki post mai jo dakha wo ya hai k.... Koi Telegram Group b hai community ka ? jo meray ilam mai nai hai because mujhy yaha active howay one month he howa hai. or ahesta ahesta kafi chezain new dakhny ko mil rhi or sekhny ko b yaha Pak community mai sy b or Bahir Sy b. Baki jab sy mai active ho apko ab notes kiya k ap ka account b hai es community mai Sir ap to bhari machli hain mera mtlb legendry member...hehe..  . Umeed krta ho mera ya question apko bura nai laga hoga. Many Thanks! |
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Playing with this sentiment of big whales is not new, it has been going on for a long time.
Yes buddy, it is obvious thing but my intentions for making this thread to aware those who don't know about this game. Well, maybe majority knows about it like you already aware of this game But in case minority of member get to know it from here i will be more happy like i contribute my best part by giving my time to this thread while compiling the data for others who are not aware of it. And in fact it is true that there are many big whales who create hype in the market through their comments or activities, and some time it can be positive hype or negative hype.
To Be very honest, i do like it you read my post by giving it your quality time  ❤️ However, I think short term traders should explore these topics more and stay updated on everything from economic news to cryptocurrency news. And for being a short term trader, we need to knowing a lot of technical analysis and fundamental analysis, I actually find short term trading more difficult than long time holding. And FOMO completely depends on emotional control and it is not right to bring emotions to trading, so I think if you can control your emotions, you can save yourself from playing the game of such big whales.
Dear your words also very true, TA and FA is very important as if we come to the world of cryptocurrency Your knowledge is the power against market sentiments as the short trader. As you are saying "short term trading more difficult" which is very true like most of the time short term trader get stuck in the Trap of FOMO while on the other hand the one who is going for the big race like holding and accumulating his assets to get ATH profit have low chances to fell prey of whales game. |
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Bitcoin is the Most Valuable Coin. Keeping It Will Always Make It Valuable. But I Have Concerns Bitcoin's Founders Always Hid Theirself But I Think It's Something Political
Hopefully you have adjusted your bitcoin position size accordingly, and you are not staying a no coiner - even though your supposed skepticism (to the extent that we can take you seriously) may well lead you into being a low coiner, but then with the passage of time wishing that would have had been more aggressive, rather than whimpy in the way that you ended up investing into bitcoin (presuming that you get over being a no coiner. and merely talking about bitcoin in theory, rather than practice, which seems to be a trend of about 99%-ish of the world's population so far). The tone of his comment is filled with skepticism and you captured it correctly... they always end up regretting. Rather than bothering himself with seeking relevant knowledge to be able to accumulate Bitcoin and holding, his concern is about the whereabout of Satoshi as if that will change anything. Perhaps, he is viewing Bitcoin from the angle of these shitcoins created by known people... as though the known identity of the founders has helped or made the coins perform better than Bitcoin. With the passage of time, it is becoming easier to see skeptics who are probably into Bitcoin for quick gains not that they believe in Bitcoin or the authentic and future thereof. Hmm, This is the interesting topic i stumble upon here today, well having much knowledge and doing Hodling is the best part if you are going for the big race and wanna get ATH profit hodling is the best way. Besides that if you are using your knowlede power to exime the market sintments is good thing as if we come to crypto world knowledge is the power. Doing Hodling while using DCA technique is the best part of your accumulation in Bitcoin. I also had taken some classes of this from JayJuanGee sir , In this thread ....>>> Buy the DIP, and HODL!Rest of that i don't have any kind of interest in shitcoin. As i'm the one who is hodling Bitcoin due to its positive potential. |
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Buddy, can you please elaborate on the short investors as it seems like any kind of short word, I think most likely you are talking about the weak hands aka short-term holders (newbies, emotionally weak traders/investors).
Yes sir, you get it right here. it is the actually one i'm also mentioning. TBH as I had already mentioned in my above post whales really do not like to play any kind of game in the market, whales are the maximum Bitcoin holders (Power Bitcoiners) not institutes like any service provider in the crypto market. Also, the accumulators don't really care about it as the sentimental game is not for them, it is for the traders to trap them up. Simple whales have a strong physiology due to their experience a broader mindset.
Most of the time trades get caught in their trap but when it come to big screen like when they try to liquidate the weak hand by using their power of big assets. They spread most the fake news all around the social media and set some kind of fake predictions and weak hand also get caught in their trap as well. We know that Bitcoin Market mostly relay on Demand and Supply which makes its price up and down as well. So if we look at the supply, like if two to three big whales putting their big assets at once and sell out in the market in abundant then the price really go down and set new point and some of the weak mind setter fell prey to their trap and liquidate themselves to cover their big looses and market take bit more dump. Then this point is very Positive to take entry For big whales again in the market. In this way they really make alot of money. Best of luck
Sir, Many Thanks! |
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DCA vs Zone Specific Strategies While Accumulation of Bitcoins
i was going through and stumble upon this thread which i really feel informative like Accumulation of Bitcoin is really good part if you are going for the big race and have set your goals to take ATH profit ... Well, DCA is really interesting thing for the accumulation of bitcoin. I appreciate you for that you may have invest you quality time to compile this data And Secondly, You give the advice to avoid the FOMO which is really positive point in your Post. Most of the time people stuck in the FOMO trap and take sudden decision being emotional or in Hurry. I also had created the thread over FOMO like how people can overcome this If you don't mid i'm mentioned it here....>>> A Guide for Cryptocurrency Newbies for Overcoming FOMO Prepare the Emergency Funds:
You also Point out this thing here even you learn it from here which is really good thing like we learn from each other experiences we had in our daily life. what you learn you share here with us. You had done your best part to emphasis to always be ready for the emergency fund for those who are putting their all funds for the Bitcoin accumulation blindly. like, they don't spread out some of their money aside so that they will be able to use it in the emergency situation or whenever they need it. At the end i would say OP, keep bringing here informative topics like this. Reading these kinda threads may help newbies to learn and groom their self at the same time. |
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Snipe....
Assalam o Alaikum! Brother umeed krta ho ap khair khariyaat sy hongy acha. TBH, mai ny khud kabi Wallet nai use kiya Laikn esky baray mai idea zaroor hai mai postain read kr rha tha apki post samny aye to mai ny read ki. well, apny sachi mai acha topic share kiya hai as newbies b aa rhy hamari community mai unky elam mai b azafa ho jayee ga like wallet kiya hai or kis purpose k liya use hota hai. acha mera ak question hai apsy brother apny bola k eluctrum k apk version b available hai right? acha apk version k compromise b ho skta hai na? Kindly zaroor bataiya ga. Thanks! |
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I will never understand why some people take tips from whales for granted. They earned a lot of money. Many who earn a lot of money did not earn their money in a hundred percent legitimate way. Especially whales!
They are not to be trusted. Admire them for rising to such big Wallet balances but never take every thing they say for granted.
Yes sir, You are right they are really not trust able their action is just to put short investors in their trap well it is obvious that Whales are expert of playing this game of sentiments. When their words have power they will use their words against the weak. So try not to be the weak one falling to their trap.
TBH you said this statement very well like their words also have that much power whenever these whales comes to the social media with any kind or good or bad news they just try to keep short investor into their trap. Even sometime their statement leave kind of impact on market.
OP. It feels pretty weird reading a thread in an unusual text size. Feels unnatural.
Yes sir, i increased the text size. i thought to increase it for ease of eyes to others. If it is not good just lemme know i will try to keep it in my mind and never enhance the text size again. Pleasure! Rest of that many thanks for reading this thread as i know i made it large and you may really give your time to read it and i will try come back again with some good ideas as well |
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