Better than DCA is DCAing when fear is high

[Zilon]

Those who know charts can find proper bottom and do dca there but for simple folks fear and greed index is enough: https://alternative.me/crypto/fear-and-greed-index/

DCA is better off than keeping your funds in fiat or stable coin. In market conditions when it seems the bottom never gets exhausted, DCA could be a better investment approach because it gives a new bottom price at different price intervals. I don't think DCA Requires any form of technicality since it doesn't require investing all your funds at once  understanding charts only a plus to the technique but anyone can actually make profit with this technique

[Silberman]

Those who know charts can find proper bottom and do dca there but for simple folks fear and greed index is enough: https://alternative.me/crypto/fear-and-greed-index/

DCA is better off than keeping your funds in fiat or stable coin. In market conditions when it seems the bottom never gets exhausted, DCA could be a better investment approach because it gives a new bottom price at different price intervals. I don't think DCA Requires any form of technicality since it doesn't require investing all your funds at once  understanding charts only a plus to the technique but anyone can actually make profit with this technique

While you do not need to be master trader to be able to execute this strategy at the same time when you start applying the technique can have a huge impact on how much bitcoin you can get, if you start to do DCA when the market is in a bull market then it is obvious that as time passes you will buy less and less bitcoin, however if you do this when there is a bear market then the amount of bitcoin you will get will be higher, and as such this means that employing that strategy right now is the best decision we can take.

[stomachgrowls]

Those who know charts can find proper bottom and do dca there but for simple folks fear and greed index is enough: https://alternative.me/crypto/fear-and-greed-index/

DCA is better off than keeping your funds in fiat or stable coin. In market conditions when it seems the bottom never gets exhausted, DCA could be a better investment approach because it gives a new bottom price at different price intervals. I don't think DCA Requires any form of technicality since it doesn't require investing all your funds at once  understanding charts only a plus to the technique but anyone can actually make profit with this technique

While you do not need to be master trader to be able to execute this strategy at the same time when you start applying the technique can have a huge impact on how much bitcoin you can get, if you start to do DCA when the market is in a bull market then it is obvious that as time passes you will buy less and less bitcoin, however if you do this when there is a bear market then the amount of bitcoin you will get will be higher, and as such this means that employing that strategy right now is the best decision we can take.

For those who consider on holding bitcoin for long term then they would really be usually dont care on what price level they would able to enter since they are minding off about holding or future perspective

which means that it wont really be requiring for you to make some analysis on when you would get in but its just common sense that we would really be tending to get in as low as much as we could
where we can make profits or maximizing it as much as we could but we know that bottom cant really be determined which hit or miss situation is really common on making decision.

DCA is common but not all people does have the funds or finances on doing so thats why whenever they do see that their investments is declining and trying to cope up or cover the losses
then they do decide on panic selling which i dont see for it to be worth or right for someone to take.

[tbct_mt2]

For those who consider on holding bitcoin for long term then they would really be usually dont care on what price level they would able to enter since they are minding off about holding or future perspective

Investors with far vision can buy, hold and enjoy their lives. They don't have to read news every day, watch chart every hour and don't have to stress their mind with market volatility.

DCA is common but not all people does have the funds or finances on doing so thats why whenever they do see that their investments is declining and trying to cope up or cover the losses
then they do decide on panic selling which i dont see for it to be worth or right for someone to take.

To Dollar Cost Averaging, you don't have to have lot of money. You must have confidence with your investment and discipline to follow your DCA strategy. If you are not disciplined, you can not do DCA.

[Tony116]

Those who know charts can find proper bottom and do dca there but for simple folks fear and greed index is enough: https://alternative.me/crypto/fear-and-greed-index/

DCA is better off than keeping your funds in fiat or stable coin. In market conditions when it seems the bottom never gets exhausted, DCA could be a better investment approach because it gives a new bottom price at different price intervals. I don't think DCA Requires any form of technicality since it doesn't require investing all your funds at once  understanding charts only a plus to the technique but anyone can actually make profit with this technique

The fact that we will never be able to predict where the bottom of the end will be, DCA is the perfect investment strategy for us to use. DCA does not need any more technical knowledge as long as you have a clear plan, for example you plan to buy bitcoin, every time bitcoin drops more than 10-15% you will DCA once. DCA will help you quickly make profits or recover capital faster than waiting until the last bottom to buy once.

[livingfree]

Certain strategies would fit for each and everyone of us, if DCAing won't be effective to you then I second that keeping your money in fiat with the purpose of using it in the future whenever the market shakes.

That's gonna require you more patience as you wait until those reasonable prices appear in front of you.

But are you going to buy that when the opportunity is already in front of you or you'll still wait for it to have a dip?

[Oceat]

Certain strategies would fit for each and everyone of us, if DCAing won't be effective to you then I second that keeping your money in fiat with the purpose of using it in the future whenever the market shakes.

That's gonna require you more patience as you wait until those reasonable prices appear in front of you.

But are you going to buy that when the opportunity is already in front of you or you'll still wait for it to have a dip?

See, this is the problem of most people it's ironic because they like what is not in the present but rather hope that the future will be in the present. First thing first is you do what you can do in the present to attain that future you wanted and there's no shortcut on that just be consistent. Better grab the opportunity since it's in front of you because opportunity seldom come and once you let it slip you might have some regret while waiting for it to happen again.

[livingfree]

Certain strategies would fit for each and everyone of us, if DCAing won't be effective to you then I second that keeping your money in fiat with the purpose of using it in the future whenever the market shakes.

That's gonna require you more patience as you wait until those reasonable prices appear in front of you.

But are you going to buy that when the opportunity is already in front of you or you'll still wait for it to have a dip?

See, this is the problem of most people it's ironic because they like what is not in the present but rather hope that the future will be in the present. First thing first is you do what you can do in the present to attain that future you wanted and there's no shortcut on that just be consistent. Better grab the opportunity since it's in front of you because opportunity seldom come and once you let it slip you might have some regret while waiting for it to happen again.

Yeah, there's really no shortcut with the process of being successful with your investments. At first, you really need to study which among them is the best to hold.

Choosing is vital and very critical because if you do happen to choose to DCA, it's part of it and also, if you the other strategy that was mentioned of only being active when the market is active again.

Choosing is still important as during the bear market.

[tvplus006]

DCA is better off than keeping your funds in fiat or stable coin. In market conditions when it seems the bottom never gets exhausted, DCA could be a better investment approach because it gives a new bottom price at different price intervals. I don't think DCA Requires any form of technicality since it doesn't require investing all your funds at once  understanding charts only a plus to the technique but anyone can actually make profit with this technique

Any purchase must be reasonable and if you start shopping early, then DCA will not help you get a good average purchase price. I know one investor who has not made a purchase yet, and keeps his savings in stablecoins, because he believes that the market has not reached its bottom. Although most have already started buying bitcoin when its price dropped below 30 thousand dollars. Which of them will get the best purchase price will be known in the future.

[_BlackStar]

It's no rocket science and have threw this word plenty time around whenever someone asked when to buy. Recently realized it's better to keep money in fiat/stable coins until market presents opportunity itself.

Basically I agree with some people who say that there are many ways to determine when is the best time to buy and it all depends on how we make decisions. We can buy every dip, and we can also buy when the price starts to move up but can also wait months for the market to present the opportunity you want.

All can be justified but I'm sure there must be one of the best among the good to implement in terms of investment. I could also wait months as you mean, but buying every dip and doing a DCA is also worth considering.

[BobK71]

If the market is continuously down to the dip, no one can assume where its maximum. Moreover, many speculate that there is a possibility of going deeper form the current position. They are not willing to buy any assets. Everything is just an assumption. But as per the overall market condition I think DCA is a better investment strategy at this  point. By using Dollar-Cost Averaging method at the moment comparatively it will be less risky investment.

[blue_hurricanger]

DCA is better off than keeping your funds in fiat or stable coin. In market conditions when it seems the bottom never gets exhausted, DCA could be a better investment approach because it gives a new bottom price at different price intervals. I don't think DCA Requires any form of technicality since it doesn't require investing all your funds at once  understanding charts only a plus to the technique but anyone can actually make profit with this technique

Any purchase must be reasonable and if you start shopping early, then DCA will not help you get a good average purchase price. I know one investor who has not made a purchase yet, and keeps his savings in stablecoins, because he believes that the market has not reached its bottom. Although most have already started buying bitcoin when its price dropped below 30 thousand dollars. Which of them will get the best purchase price will be known in the future.

That means he doesn't understand DCA at all if he keeps looking for the lowest, the bottom. He should invest when the price was around the range which he thinks can easily recover in the next few years. It didn't even need all of his funds but a little of it every time it come close to the bottom in his thinking. Because if he keeps on the fence, waiting for the lowest, one chance instead of spreading and DCA, he was increasing his risk in case thing doesn't meet his expectation of the lowest, the bottom.

[abel1337]

If the market is continuously down to the dip, no one can assume where its maximum. Moreover, many speculate that there is a possibility of going deeper form the current position. They are not willing to buy any assets. Everything is just an assumption. But as per the overall market condition I think DCA is a better investment strategy at this  point. By using Dollar-Cost Averaging method at the moment comparatively it will be less risky investment.

Using DCA strategy is for me a good strategy that is applicable on the market situation we have right now but If you know how to read charts, It would be better to take advantage of it and catch support or lower prices. We should learn how to maximize our profit in the future. I myself is doing a modified DCA strategy where as I do have the exact budget and time span when should I buy, It's basically a DCA strategy but the thing I modified is I'm trying to find the lowest price I can buy at my set time span since I can do research and read some charts.

[minairia3]

If the market is continuously down to the dip, no one can assume where its maximum. Moreover, many speculate that there is a possibility of going deeper form the current position. They are not willing to buy any assets. Everything is just an assumption. But as per the overall market condition I think DCA is a better investment strategy at this  point. By using Dollar-Cost Averaging method at the moment comparatively it will be less risky investment.

Using DCA strategy is for me a good strategy that is applicable on the market situation we have right now but If you know how to read charts, It would be better to take advantage of it and catch support or lower prices. We should learn how to maximize our profit in the future. I myself is doing a modified DCA strategy where as I do have the exact budget and time span when should I buy, It's basically a DCA strategy but the thing I modified is I'm trying to find the lowest price I can buy at my set time span since I can do research and read some charts.

It will be more beneficial if you know how to read the chart and combined with the DCA strategy, you will have more opportunities to buy at a cheaper price than many others but for those who do not know how to read charts they can also DCA effectively as long as they have a specific plan and stick to the market. If we want to maximize future profits, in a bear market such as this, DCA would be better off holding money in fiat or stablecoins.

[stomachgrowls]

For those who consider on holding bitcoin for long term then they would really be usually dont care on what price level they would able to enter since they are minding off about holding or future perspective

Investors with far vision can buy, hold and enjoy their lives. They don't have to read news every day, watch chart every hour and don't have to stress their mind with market volatility.

DCA is common but not all people does have the funds or finances on doing so thats why whenever they do see that their investments is declining and trying to cope up or cover the losses
then they do decide on panic selling which i dont see for it to be worth or right for someone to take.

To Dollar Cost Averaging, you don't have to have lot of money. You must have confidence with your investment and discipline to follow your DCA strategy. If you are not disciplined, you can not do DCA.

Doesnt need lots of money? Yes you do have a point but this is something noticeable if we do make out some comparison in between to those who do have lots and compared to have less then we know
on who would be the one to have the advantage.Yes, you could dca with less funds but of course it would really be just limited.

Also in counting on different opportunities and changes that this market makes then the more funds you do have  the better but of course risk taking or management will really far stretched which
is normal.
Fear is always there even if you do have these capacities or capabilities but its true that investors with far vision wont boggled down on the actions that they would be making.

[libert19]

~

~

To Dollar Cost Averaging, you don't have to have lot of money. You must have confidence with your investment and discipline to follow your DCA strategy. If you are not disciplined, you can not do DCA.

Doesnt need lots of money? Yes you do have a point but this is something noticeable if we do make out some comparison in between to those who do have lots and compared to have less then we know
on who would be the one to have the advantage.Yes, you could dca with less funds but of course it would really be just limited.

$$ amount is never an equal field, one should bother with return in % rather than $ amount.

[tvplus006]

...By using Dollar-Cost Averaging method at the moment comparatively it will be less risky investment.

Or maybe it's still better to wait until a reversal pattern is formed and only after that start buying coins? In this case, you will still have a better average purchase price than if you started DCA with 30 thousand dollars for bitcoin. We can only say unequivocally that each investor adheres to his own strategy of forming his portfolio.

[justdimin]

If the market is continuously down to the dip, no one can assume where its maximum. Moreover, many speculate that there is a possibility of going deeper form the current position. They are not willing to buy any assets. Everything is just an assumption. But as per the overall market condition I think DCA is a better investment strategy at this  point. By using Dollar-Cost Averaging method at the moment comparatively it will be less risky investment.

Using DCA strategy is for me a good strategy that is applicable on the market situation we have right now but If you know how to read charts, It would be better to take advantage of it and catch support or lower prices. We should learn how to maximize our profit in the future. I myself is doing a modified DCA strategy where as I do have the exact budget and time span when should I buy, It's basically a DCA strategy but the thing I modified is I'm trying to find the lowest price I can buy at my set time span since I can do research and read some charts.

Yeah, mine is a bit different from people as well. Most people buy at a certain level, and when the price goes down they buy some more, but mine is basically buy some bitcoin at 1st of each month no matter what. I believe that this is something else, not really a "DCA" but becomes DCA when the price goes down.

I believe that what I am doing would allow me to be rich after a while. So far it didn't allow me to get rich because I had a ton of debt and now it's getting fixed and I have nearly none, just small tiny stuff. All in all there isn't anything that we could focus on when it's long term, just do it and you will be fine. That's how you grow bigger and better.