DCA method

[Mame89]

No one really knows what? When to buy? I think you are wrong, we all know what Bull market and bear market looks like, what you should be warning others about trying to time the bottom or the top, but the bottom and the top doesn't happen in a day, it takes time for corrections to happen.

Use Bear market for buying and use Bull market for profit taking, it is that simple, DCA is best for the long term but when Bitcoin is massively over valued I won't keep buying just because my plan is long term, that's plain stupidity.

The market will bottom in a bull market, bad news always happen after Bitcoin tops out, once that happens start buying, the best time for DCA is in a bear market, I  won't be buying the tops just because I won't to hold for long term, never.

You will not enjoy the real importance of DCA and hodli for a long term if you are only after buying at the bear and sell at the bull run as a trader. You will only get little profits instead of a good amount of profit from your bitcoin investment due to the compounding value of your investment if you increase and hodli your bitcoin overtime.

However, if you are cool with what you are doing, that's fine but I am investing and saving for the future and that is why buying and selling within short-term is not for me.

Every investor applies any strategy, it's actually okay depending on each individual and according to their comfort. However, if you want to invest in the long term using the DCA strategy, namely by buying every week or every month according to your budget and Hold this is the right strategy. Regardless of whether the price of bitcoin goes up or down, we still do DCA every week or month. That way we will feel and be able to enjoy this strategy as you said. If you wait for the price to drop to do DCA, you are afraid that you will regret it later, because the price of bitcoin cannot be predicted when it will drop.

I myself am sure that the DCA strategy will make me successful in the future because I have a motto "In Bitcoin We Trust" with a bitcoin supply of only 21 million, I have a view and belief that one day bitcoin will become the most expensive asset I have.

[$crypto$]

The idea is indeed better to make purchases weekly so that BTC will increase much faster, but the problem is when the cash flow is unstable and they do not have weekly capital to make purchases.
Why this reason can be justified because buying using the DCA pattern against BTC will be much more profitable because this asset will continue to get an increase moment for each period even though it cannot be separated from the correction process.

DCA is not appropriate if the asset purchased does not provide certainty like BTC so that the basic capital will be suppressed with a much lower selling price.
This is the reason why DCA is more suitable for BTC investment in my opinion.

I prefer weekly purchases because this increases the BTC owned, if this week does not buy BTC due to unstable cash flow then next week is double to make a purchase, I don't mind this being called aggressive in purchasing but I want BTC to keep accumulating every week.

Obviously the DCA purchase pattern is very profitable especially taking the average price - after I saw the purchase statistics for more than 2 years it showed significant growth even more than 100% but we still hold and continue to do DCA every week as a routine.

DCA will continue in any way, weekly - bi-weekly - or monthly, what is certain is that you must be sure that BTC will provide long-term benefits so in DCA it must be consistent.

[pawel7777]

I prefer weekly purchases because this increases the BTC owned, if this week does not buy BTC due to unstable cash flow then next week is double to make a purchase, I don't mind this being called aggressive in purchasing but I want BTC to keep accumulating every week.

One of the main points of the properly executed DCA strategy is regularity and consistency.
In theory, buying smaller amounts more often is preferable, as it should give you more protection from buying during exceptional spikes in price, but, in practice, it doesn't make that much difference whether you buy weekly or monthly.

If you're struggling with cash management and find it hard to stick to buying weekly, I'd switch to monthly purchases, especially if you're an employee and are getting paid every month not week. Should be way easier to manage.

[Tmoonz]

I prefer weekly purchases because this increases the BTC owned, if this week does not buy BTC due to unstable cash flow then next week is double to make a purchase, I don't mind this being called aggressive in purchasing but I want BTC to keep accumulating every week.

One of the main points of the properly executed DCA strategy is regularity and consistency.
In theory, buying smaller amounts more often is preferable, as it should give you more protection from buying during exceptional spikes in price, but, in practice, it doesn't make that much difference whether you buy weekly or monthly.

If you're struggling with cash management and find it hard to stick to buying weekly, I'd switch to monthly purchases, especially if you're an employee and are getting paid every month not week. Should be way easier to manage.

Generally, the DCA strategy doesn't really requires struggling but rather it should depend totally on your cash flow and understanding how much of your disposal income that is readily available for investment, one doesn't really need to struggle but should tailor down the part that will suit him and give him that comfort to enable him make an informed decisions towards his investment, one of the important thing about the dca strategy is being consistent in order for you to have a good size of bitcoin over a long period of time.

[nullama]

~snip~
Generally, the DCA strategy doesn't really requires struggling but rather it should depend totally on your cash flow and understanding how much of your disposal income that is readily available for investment, one doesn't really need to struggle but should tailor down the part that will suit him and give him that comfort to enable him make an informed decisions towards his investment, one of the important thing about the dca strategy is being consistent in order for you to have a good size of bitcoin over a long period of time.

Yeah, that's true.

And that's also true in many other areas in life. Being consistent usually gives you better results than just doing something incredible one time only.

You can do modest changes every day and the results will grow exponentially over time. The key is to continue doing it, every day.

Consistency is key. Just like Bitcoin, tick, tock, another block.