Buy the DIP, and HODL!

[macson]

I cannot remember if you had stated some of your particulars Obim34 - yet even your forum registration date is not very far into the past, so if you are only recently starting to accumulate BTC, such as even less than a year, then from my point of view it can take a quite a bit of time to build up your stash in such a way that you should even be considering reducing your DCA amount, even if ATHs end up being reached in the next 1-2 years, and sure there could be some value in modifying your approach if it starts to seem that we are in blow off top territory, and so these are not easy choices in regards to how to manage the situation in terms of holding off buys or letting cash to build up in terms of preparing for dips that may or may not end up happening.

You mean my particulars, like in what term? Is it how long I have been accumulating my Bitcoin, my registration date on the forum can not be use to calculate the amount of Bitcoin in my portfolio, it might also be something worth it but  I still do not consider it enough for my holdings.

So you mean it's convenient to continue DCAing even after Bitcoin reaching a new ATH?

Exactly, you should keep continue to invest the same amount to get the desired result if you are following DCA, and the goal should not be the coming ATH if you really want to get the potential return, just accumulate the coins consistently and see how much your portfolio's value grew after a complete cycle.

DCA is a method that can be said to be a stress-relieving method for investing in Bitcoin. If you buy Bitcoin every 14 days or every 30 days, you will really make the price volatility that occurs in Bitcoin almost stable, as has been discussed a lot about the DCA method, it's simple, in the first purchase you spend $100 to get 1 and in the second purchase with a capital of $100 you get 1.5 and in the third purchase with a capital of $100 you get 0.75 from this simple example, you can see that you like buying bitcoin at a fairly stable price with a capital of $100 that is 1

The DCA method doesn't need to be tested again, what needs to be done now is to put it into practice straight away because many investors are currently making profits from using the DCA method and buying the deep.  and one thing is certain, that the DCA method is usually used for investors who want long term, not short time to accumulate expenses and profits.

[dragonvslinux]

Now just to wait for a dip to hodl, and I right?

Feels like we've been starved of dips since March 2023, when price corrected from $25K to $20K, which was an incredibly tasty dip. Since then, we've had $30K to $25K that barely reached -20%.

All I can say is that I'm looking forward to more dip buying in the near future. Hopefully 2024 will be better dip buying experience than 2023 was!

I'm surprised, expecting a DIP in this 2024, I do no think so. The market is currently recovering and I don't think we should expect anymore DIP. The DIP which we have been anticipating is now at this price for those who earlier missed buy at the $15k+, $20k+ and $30k+ as long we are still below the last ATH, I consider it a good DIP for many investors to come in.

Most people also thought this in 2020 (myself included), prior to a 60% correction. 2016 was very similar, people thought the bull market had already begun and the price was "UP ONLY", but instead there was a -40% correction and 6 months of consolidation before moving higher.

NEVER be surprised to see such an aggressive dip when not in a "full-blown" bull market. Until $48.5K is reclaimed and passed on long-term time-frames, this move (from $15.5K to $49K) will forever be a dead cat bounce, just like in 2019 as well as 2016, as it's the expected retracement level from $69K to $15.5K (61.8%).

The main difference is, after this expected retracement level, Bitcoin has never fallen lower than it's low the year before, even if it came close in 2020 due to a black swan event, so it's technically a dead cat bounce without bearish continuation basically. Even if full-blown bull markets, when price has reached a new ATH there are still dips of usually up to -35%, but otherwise more recently (2021) up to -50% now apparently. TL:DR: There are always dips.

Plus people in the topic who are convinced that there will be "NO MORE MAJOR DIPS" should stop thinking binarily and start thinking in probabilities. Because with the macro-economics looking bad in major economies like China and the United States, it could start a systemic event that might take the economies in different regions around the world with them.

The unemployment data in the United States will be a leading indicator in knowing if there will be a sudden crash, and if Jerome Powell starts to pivot - For the wrong reasons. The "soft-landing" might not happen. It will be "higher for longer" until something will break.

Personally I got to the point of not really believing a recession or otherwise will arrive, unless it actually does. Many bearish analysts were screaming about an impending recession in 2023 that never arrived, and while I'm aware these things can take time to play out, I think it's run it's course of occurring with much probability now that inflation is under control again (it seems). I realise you might not of been referencing a recession directly, but similarly macro-economics looking bad or "going a bit wrong" is again something that can simply occur any day or any week or any year, but rarely actually occurs. Predicting or anticipating these things seems even more difficult imo, the only ones who get it right are those who have been calling for a recession every week or month since 2008. Eventually, they get it right!

However saying all that, I wouldn't be surprised if "something" happened that very temporarily spooks the market in the next few months, as I feel Bitcoin will be very luck to avoid a black swan event leading into the halving (it's my most pessimistic scenario, and doesn't involve a low below $15.5K, but does involve coming close to around $19K). Either way I think it'd be a great buying opportunity, as generally Bitcoin and markets do look strong right now, even if they were to return to near the lows, there has been years worth of consolidation in order to support the price - alas I think making new lows has becoming very unlikely.

[Frankolala]

If I may ask with our disrupting this thread what is the main purpose of accumulating bitcoin for long term, cause if you are not selling When it's high and making profit or is there something I dont know about the long-term investment in bitcoin and its benefits, cause I'm a little bit confused on why I should be accumulating bitcoin for long term if not to make profit. Are they any hidden benefits of doing this. I'm not a hater, I just want to learn, if purpose is not know then misuse is inevitable. I'm coming to understand how DCA works by going through the thread but, I don't see a place my dcaing ends for me to make profit. I'm not looking for a get rich scheme in bitcoin accumulation. I just want to know the exact reasons that would be motivating everyone to hold for long without any sell plan. I just started investing in bitcoin last week with my first 10$ investment, quite small but its a start since my salary is small for now, I really want to catch up, but I need clarification on this since I'm.beign bothered about it.

Long term investment is the best because it gives you time to be able to learn, invest and grow your investment into a certain height rather than you are buying and selling to buy back again, putting you at risk of running at loss. when you make the wrong moves. Long term investment also lowers the risk in bitcoin investment because the longer the timeline of your investment with size, the higher the risk reduces. This is because from history, it has shown that bitcoin price dip bottom line is always lower than the next circle dip bottom line.

Lastly, there is what is called compound interest(profit), this is the same for bitcoin and this is where long-term investors are happy that they started their bitcoin journey early when the price of bitcoin was $500 and imagine that they are still hodling those bitcoins till now. If you buy $10,000 worth of bitcoin at $2,000 per bitcoin and after 4yrs bitcoin price increases to $4000 per bitcoin, it means that the price doubled and your bitcoin worth will increase to $20,000, which means that you have an additional $10,000 profit and if you don't sell and hodli for another 4yrs, your $20,000 worth of bitcoin investment will have yield a profit of $20,000 based on the percentage price increments for on bitcoin.

If it happens that you buy and sell at every circle, you will be lacking behind in your bitcoin portfolio size and you will make very little profit from each circle compared to the person that will hodli for 8yrs and above. Bitcoin long term investors are building their piling up their profit to reap from it in future when it has compounded to an amount that can change your standard of living and turn your life around. This is why we need to live and invest for the future and not to be after what profit that we will make today with bitcoin.

[salad daging]

---

I don't know why so many members suggest that they are agreeing with me and then substituting their idea of best for 2023 from my idea of good... and the original topic was more about whether 2024 would be better than 2023, and sure there can be a lot of reasons why 2023 was good for bitcoin and bitcoiners, and is there any need to say it was the best, unless merely comparing 2022 with 2023, so that would be a pretty short timeline, even though we also might say that 2021 was good for bitcoin and bitcoiners, but not even sure if it could be described as "the best" either, unless we merely want to suggest that BTC just keeps moving along, and even though 2017 and 2013 were better price performance years than 2021, there still likely is some value in merely having bitcoin lasting longer and longer, so by that standard, any dates that are further into the future would by definition be better than dates farther back into the past.

The fact because in 2023 the increase in bitcoin is quite significant, right? then any increase throughout the year may be the best year is still right because we know the real year like the bullish still hasn't started and the halving hasn't happened yet so I say it's the best year when buying low prices rather than regretting not buying because the price has now risen.

The best year that many people say
2017 high bitcoin prices, I did not experience because it was still called a layman not starting on bitcoin.
2021 feels how this best year is, but not maximized because of the little bitcoin that is owned.
2024/25? The best year? I feel that year is the best, and want to try more optimally as bitcoiners so as not to miss.

I saw that moment but now have taken advantage of it by buying and buying, so indeed looking to the future will be much more useful when looking back, so I myself will focus more on the future by HODL bitcoin longer if possible.

[Justbillywitt]

If I may ask with our disrupting this thread what is the main purpose of accumuting bitcoin for long term, cause if you are not selling When it's high and making profit or is there something I dont know about the long term investment in bitcoin and its benefits, cause I'm a little bit confused on why I should be accumulating bitcoin for long term if not to make profit. Are they any hidden benefits of doing this. I'm not a hater, I just want to learn, if purpose is not know then misuse is inevitable. I'm coming to understand how DCA works by going through the thread but, I don't see a place my dcaing ends for me to make profit. I'm not looking for a get rich scheme in bitcoin accumulation. I just want to know the exact reasons that would be motivating everyone to hold for long without any sell plan. I just started investing in bitcoin last week with my first 10$ investment, quite small but its a start since my salary is small for now, I really want to catch up, but I need clarification on this since I'm.beign bothered about it.

Different investors have different motives or different reasons for investing. One of the reasons why some investors holds Bitcoin for longer period is to see high profitability. Bitcoin has a total supply of 21 million and the world population is over 8 billion and with each passing day Bitcoin is gaining more adoption, that means many people will be investing in Bitcoin and this will keep pushing the price up. It has also been proven from history that long term holders are the ones who stand the chance of making profit in Bitcoin.

[Troytech]

Example 8: This person has similar circumstances as Example 4 with mostly a lump sum investment towards the earlier stages of his investment.. and so there will be a bit of an assumption that the lump sum investment amount will have come from saving $10-$15 per week through most of 2016, 2017, and 2018  (so we will estimate be a bit generous and estimate the savings and lump sum amount to have had been $2,400), and so if the purchase of BTC was made based on BTC prices through out 2019, we might have to estimate an average cost per BTC around $7k, which would be around 0.32432432 BTC, and then if we presume $10 per week investment into bitcoin starting on April 1, 2019, (rather than merely 18 months), so the DCA portion of his investment ended up being $2,510 and accumulated about 0.15787 BTC, and so his total invested would be $4,910 (lump sum of $2,400 and DCA of $2,510) with a total amount of BTC  0.48219432 (0.32432432 + 0.15787). (currently worth around $20,493). 

So part of my point in showing example 8 is to suggest that a guy is going to likely be better off to include DCA into his investment approach, even if he might start out with a lump sum, and surely, even just getting started with DCA right from the start (which example 7 shows) would have performed even better results than example 8.

If there are some facts that I am missing, then let me know, yet I stick by my assertion that anyone new to bitcoin, should get the fuck started as soon as possible, whether that is strictly just DCA while trying to figure out matters, or maybe lump sum investing and then supplementing with DCA until reaching some amount of BTC accumulation that is comfortable for his situation or at least triggers him to adjust his approach. 

Surely, I have no problem with the idea of also holding some money aside in order to buy on dips too... but if the buying of BTC is quite regular in the earlier stages of BTC investing, there are going to be periods in which the BTC price dips and since DCA is already taking place, then buying at those lower dip prices would also be taking place under such dip conditions..

What I'm learning from example 8, is that while lump suming might be a good strategy to start with, it's better to also include dca in your accumulation strategy for maximum output. From your example 8 the guy actually accumulated more bitcoin from dca than he did from lump sum even if he started with lump sum first even with almost same amount. I think I should just start with dca and see how I can plan out everything, so if I have a start up capital that I would use from my savings about 200$ I could just divide this amount into smaller pieces and invest them on intervals, and if dips occurs or not ill still be on the winning side or do I still need to worry about buying dips if I'm using only dca. Im definitely cool with dca cause from your examples I think dca is the best strategy for a newbie like me then I can learn more about buying dips and all that, and judging from my capital, how much would I be keeping out for dips, I just think its not enough, so I'll dca first, then I can add other plans later. Although I had already invested 10$ into bitcoin last week,  I going now i can move a bit slowly, while getting more capital to fund other strategies.

[JayJuanGee]

Example 8: This person has similar circumstances as Example 4 with mostly a lump sum investment towards the earlier stages of his investment.. and so there will be a bit of an assumption that the lump sum investment amount will have come from saving $10-$15 per week through most of 2016, 2017, and 2018  (so we will estimate be a bit generous and estimate the savings and lump sum amount to have had been $2,400), and so if the purchase of BTC was made based on BTC prices through out 2019, we might have to estimate an average cost per BTC around $7k, which would be around 0.32432432 BTC, and then if we presume $10 per week investment into bitcoin starting on April 1, 2019, (rather than merely 18 months), so the DCA portion of his investment ended up being $2,510 and accumulated about 0.15787 BTC, and so his total invested would be $4,910 (lump sum of $2,400 and DCA of $2,510) with a total amount of BTC  0.48219432 (0.32432432 + 0.15787). (currently worth around $20,493). 

So part of my point in showing example 8 is to suggest that a guy is going to likely be better off to include DCA into his investment approach, even if he might start out with a lump sum, and surely, even just getting started with DCA right from the start (which example 7 shows) would have performed even better results than example 8.

If there are some facts that I am missing, then let me know, yet I stick by my assertion that anyone new to bitcoin, should get the fuck started as soon as possible, whether that is strictly just DCA while trying to figure out matters, or maybe lump sum investing and then supplementing with DCA until reaching some amount of BTC accumulation that is comfortable for his situation or at least triggers him to adjust his approach. 

Surely, I have no problem with the idea of also holding some money aside in order to buy on dips too... but if the buying of BTC is quite regular in the earlier stages of BTC investing, there are going to be periods in which the BTC price dips and since DCA is already taking place, then buying at those lower dip prices would also be taking place under such dip conditions..

What I'm learning from example 8, is that while lump suming might be a good strategy to start with, it's better to also include dca in your accumulation strategy for maximum output. From your example 8 the guy actually accumulated more bitcoin from dca than he did from lump sum even if he started with lump sum first even with almost same amount. I think I should just start with dca and see how I can plan out everything, so if I have a start up capital that I would use from my savings about 200$ I could just divide this amount into smaller pieces and invest them on intervals, and if dips occurs or not ill still be on the winning side or do I still need to worry about buying dips if I'm using only dca.

You cannot really know how the numbers are going to play out, so you should be merely attempting to do your best with what you got and what you know, and the thing that you know most is your own current budget (especially how much money you currently have on hand), and then you should have a pretty good idea of the amount of pay that you have coming in, but it cannot necessarily be completely known until you actually get paid.  And, with your expenses, you probably know most of them, but you have some that come about from time to time or they change from time to time.

I think it can be good to at least think about all three categories of the way to invest (well 4 categories, if you think about making sure that your emergency fund is decently in place or being ongoingly built), and so sometimes you might be in circumstances in which you might not be able to employ all three circumstances, such as being able to employ the lump sum because you feel that you do not have enough of a lump sum to work with, and ultimately that is going to be up to you to figure out what would be the most comfortable of the balances of the 3/4 categories. 

You may well feel screwed if the BTC price goes down after you had already invested all $200 and then you don't have anything left, and then you may well feel screwed if BTC prices go up and you still are sitting on some cash.  In the beginning it is almost a no win situation and you just try to balance it out as best as you can, and maybe after a few years investing you start to feel that you have everything in place.  You have figured out your budget and you have some reserves for buying on dips and you have built and established an emergency fund.. and maybe you have figured out some ways in increase your cash flows and to decrease your expenses... but you still are likely going to always have some tensions in terms of trying to figure out how many BTC you need and how long it is going to take to accumulate as many BTC as you believe that you need.. especially if your goals might be to reach some variation of fuck you status...

and if you think about it, there are a lot of people who work 30-40 years or more and they do not reach fuck you status, so if you are able to actually reach it or maybe even reach it in 15-20 years, then you end up both reaching it and cutting the time in half.. and none of that is guaranteed.. You just need to do your best under your own particular circumstances.

Im definitely cool with dca cause from your examples I think dca is the best strategy for a newbie like me then I can learn more about buying dips and all that, and judging from my capital, how much would I be keeping out for dips, I just think its not enough, so I'll dca first, then I can add other plans later. Although I had already invested 10$ into bitcoin last week,  I going now i can move a bit slowly, while getting more capital to fund other strategies.

Of course, past performance does not guarantee future results, so you just do your best.. and sometimes it can be o.k. to build up a separate fund that you would be able to use for buying on dips, even if you might ONLY be setting aside a few dollars every week for such potential purposes, and frequently I think that $10 per week is very small, yet I know that some members in some parts of the world feel that they can ONLY do $10 per month, and so doing $10 per week, you are investing 4 times more than they are.. and sometimes there could be some ways to both invest into bitcoin regularly and to build up a side fund that you would use for buying on dips.. and really my example 8 is stemming from the hypothetical income and expenses that I described to exist in example 1 .

Example 1: This person has not accumulated any bitcoin, and has an income that is between $300 and $2k per month and most months his income is around $1,200, and monthly expenses of between $600 and $1,000 per month and most months $800. This person has a debt of $1,400 that he services at $50 per month with a 6% interest rate that he services at $50 month with an expected payoff in 30 months (2.5 years), and he has an emergency fund of about one month's expenses $1k.

So in my hypothetical there is already some income and expenses presumptions that even seem to give quite a bit of a cushion for possible investing into BTC, and there is debt described and a pretty much inadequate emergency fund, so sometimes there can be enough income to be able to accomplish several things at once, but at the same time, there can be struggles in which a person might not have much if any cash left over to be able to invest into bitcoin, and so there would likely need to be some setting of priorities and if they actually have emergency expenses that end up occurring in any particular month, they can end up putting themselves into a pickle if they don't have enough in their emergency funds to cover their expenses during that period, and they feel that they have to dip into their BTC at a time that is not of their own complete and voluntary choosing.

A lot of poor  people (or not so rich people who have tight cashflows) will fail in their investments (including their BTC investment) because they have not structured their investment properly and they are ONLY preparing for UP and/or they are not creating, building and maintaining an adequate/sufficiently sized emergency fund.. which should be 3-6 months of their expenses in cash (or the currency in which they are paying their expenses).

[michellee]

I don't care about short-term profits because I aim for short-term profits. If people experienced times in 2013 when the price of Bitcoin was still very low and rose very high in 2017, that would make them hold onto their Bitcoin again. They will aim for long-term profits.

If they invest in Bitcoin because of the ETF approval, they will probably sell Bitcoin when the price is over $60k but short of $100k. That has provided huge benefits for them. But they will regret selling too quickly when the price of Bitcoin could exceed $100k.

But that's okay because at least each investor already has a plan. They will continue to carry out their plan to get the biggest profit from investing in Bitcoin. Hopefully, we can still be patient waiting for the price to reach its new ATH above $100k so that the waiting time we are doing now can make us satisfied with the profits.

I feel lost on what you saying, you clearly stated you very into short term profit "  I don't care about short-term profits because I aim for short-term profits" and you also said "If people experienced times in 2013 when the price of Bitcoin was still very low and rose very high in 2017, that would make them hold onto their Bitcoin again. They will aim for long-term profits." you clearly stated both options which you choose for the short term but fully admitted the fact that long term investment gives better profits so why then would you still choose selling after a successive increase in price, not trying to convince tho, but our decisions should aswell be solid cos our main reason of investing in Bitcoin is to yield good profits and the long term investment can be the right choice.

Oh, sorry, I wrote it wrong so it confused you. What I mean is that I don't care about short-term profits but I aim for long-term profits. Maybe it was because I was sleepy and didn't check what I wrote. Once again, I'm sorry.

They will want to hold their Bitcoin to get bigger profits after seeing what happened from 2013 to 2017. They will wait until the price increases to be very high before they sell it. That is an example because I am sure each investor will have short and long-term plans.

But I say again, I don't want to take short-term profits. I still hope to get long-term profits so I still hold the Bitcoin to sell later at the highest price. And I have also edited my post so that there is no misunderstanding. Once again, forgive me if I confused you. I wrote it wrong so forgive me.

[Patrol69]

What I'm learning from example 8, is that while lump suming might be a good strategy to start with, it's better to also include dca in your accumulation strategy for maximum output. From your example 8 the guy actually accumulated more bitcoin from dca than he did from lump sum even if he started with lump sum first even with almost same amount. I think I should just start with dca and see how I can plan out everything, so if I have a start up capital that I would use from my savings about 200$ I could just divide this amount into smaller pieces and invest them on intervals, and if dips occurs or not ill still be on the winning side or do I still need to worry about buying dips if I'm using only dca. Im definitely cool with dca cause from your examples I think dca is the best strategy for a newbie like me then I can learn more about buying dips and all that, and judging from my capital, how much would I be keeping out for dips, I just think its not enough, so I'll dca first, then I can add other plans later. Although I had already invested 10$ into bitcoin last week,  I going now i can move a bit slowly, while getting more capital to fund other strategies.

The DCA investment method is that first you have to divide your capital into several parts and after dividing the capital into several parts, each tiger amount has to be invested in different positions of the Bitcoin market. If there is no fixed time table in the DCA investment method, you can invest at any time according to the market position. It doesn't matter if you invest in Bitcoin a little earlier or later, the important thing is that you can invest in Bitcoin regularly. Some investors invest a portion of their salary in DCA investment method. When investors didn't know about DCA strategy investors used to save little by little to invest but since knowing about DCA method investors are now investing little by little instead of saving little by little. 

Investing is like joining a new school, if you join a new school, you feel very nervous on the first day and you don't want to go to school because you don't have friends for the first few days. But I think those who can start investing by keeping this fear aside, find it very easy to invest and after investing, they start planning their investments for long term and continue to invest.

They will want to hold their Bitcoin to get bigger profits after seeing what happened from 2013 to 2017. They will wait until the price increases to be very high before they sell it. That is an example because I am sure each investor will have short and long-term plans.

Anyone who looks at Bitcoin's past history is bound to believe that investing in Bitcoin and holding that investment for a long time is the most profitable of all. You will see where Bitcoin's journey started and where it stopped. Since 2009 till now, Bitcoin's popularity has increased as well as the value of Bitcoin has increased a lot. There are many investors who are just watching the market but haven't dared to invest. Those investors have been watching the market for years and missing opportunities and regretting not being able to invest. Investing in a short-term plan by understanding the market may give you some profit, but if you hold your bitcoins for a long period of time, bitcoins will give you much more than you expect. We cannot covet a small amount of gain for the sake of this much, we must aim for something much bigger.

[Obim34]

Most important in regards to particulars would be how long you have been investing into bitcoin and some of the techniques that you might have used during that time to build your BTC holdings.  None of us here have been asking anyone to disclose their quantity of BTC, so frequently we speak in terms of hypotheticals... and sure some guys have described their own numbers but it is not necessary.  Even with myself, I change around my amounts from time to time, but I still tend to describe various timelines and various techniques that I had been using along the way, since when I first got into bitcoin in late 2013.

Timeline is a kind of important factor since many times, guys try to spout out various kinds of preferred practices whether that is trading or waiting for dips, and frequently we can compare their entry timeline and throw in some hypothetical amount for what their DCA might have had been, and it is up to them to compare if whatever technique that they had been employing would have ended up coming close to or even beating a straight-forward persistent and consistent DCA strategy... and even that takes time to play out.. maybe 4-10 years or longer, since anyone might be able to play some short term price waves for a while, but who cares?   

If in this thread we are mostly trying to emphasize ways that any of us might employ longer term techniques in which we are going to be advantaged 4-10 years or longer, then we should not necessarily be trying to count our results in the shorter terms, and surely we are not talking about trading here anyhow, so maybe those guys should go to some other thread to talk about those kinds of techniques.

If your technique might be giving you results in the ball park of a straight forward DCA strategy, then that is all likely fine and dandy, but still personally, I am not going to be very impressed with whatever you are claiming to be your results if you are bragging or whatever in terms of some timeline that is less than 4 years - absent if there might have been some specific reason that you ended up needing to either plan such a shorter strategy or maybe something unexpected (like health related) happened in your life that caused an emergency that may well mean that your timeline (such as death or incapacitation) would end up getting cut short if you did not cash out some or all of your BTC earlier than planned.

I have not been into the Bitcoin system for a long time just with a max of 2yrs and my holding is still on the long run of accumulation, my total budget has been placed according to my financial stability calculated into a successive period of time which I find it much better mainly deploying the DCA strategy but including the DIP technique as well. I find it much better doing both, when the price was down to $20k, I knew it was one perfect opportunity and at that moment I put in my possible best into accumulating more than what I used for my DCA. My cash flow comes monthly and some little bonuses weekly, the cash from my monthly payroll goes into my DCA technique account then finding a convenient DIP in the market I buy all in with the weekly cash.

absent if there might have been some specific reason that you ended up needing to either plan such a shorter strategy or maybe something unexpected (like health related) happened in your life that caused an emergency that may well mean that your timeline (such as death or incapacitation) would end up getting cut short if you did not cash out some or all of your BTC earlier than planned.

We don't pray for stuffs like this to happen but paraventure it happens I have build in this connection with someone in my family who has the basic knowledge about Bitcoin and merely have access to my holding account, we both set up this plan cause we intend our holdings for a longer term and if any unforeseen incident might happen then all our effort into Bitcoin accumulating will not be in vain.

Oh, sorry, I wrote it wrong so it confused you. What I mean is that I don't care about short-term profits but I aim for long-term profits. Maybe it was because I was sleepy and didn't check what I wrote. Once again, I'm sorry.

They will want to hold their Bitcoin to get bigger profits after seeing what happened from 2013 to 2017. They will wait until the price increases to be very high before they sell it. That is an example because I am sure each investor will have short and long-term plans.

But I say again, I don't want to take short-term profits. I still hope to get long-term profits so I still hold the Bitcoin to sell later at the highest price. And I have also edited my post so that there is no misunderstanding. Once again, forgive me if I confused you. I wrote it wrong so forgive me.

Experience should never been said to be the best teacher, I prefer learning from people mistakes and excluding the HAD I KNOW outcome. Many people do regret selling their Bitcoin investment too early than they should, not that they still can't accumulate one's more but the entry price won't be promising as the former. It is always ideal we stick to long term investment to maximize our profits.

[Troytech]

You cannot really know how the numbers are going to play out, so you should be merely attempting to do your best with what you got and what you know, and the thing that you know most is your own current budget (especially how much money you currently have on hand), and then you should have a pretty good idea of the amount of pay that you have coming in, but it cannot necessarily be completely known until you actually get paid.  And, with your expenses, you probably know most of them, but you have some that come about from time to time or they change from time to time.

I think it can be good to at least think about all three categories of the way to invest (well 4 categories, if you think about making sure that your emergency fund is decently in place or being ongoingly built), and so sometimes you might be in circumstances in which you might not be able to employ all three circumstances, such as being able to employ the lump sum because you feel that you do not have enough of a lump sum to work with, and ultimately that is going to be up to you to figure out what would be the most comfortable of the balances of the 3/4 categories.  

Thank you sir. From this I believe that having all three strategies at hand would even be more favourable to me, just incase the price soares then if I had lump sum a specific amount I would be at more advantage, and if it the price has reduced I shoul also have a reserve for buying dips if necessary. From what your implying, all strategies are good when you have a proper plan behind your accumulation and dca is just safe cause I won't have to worry about the market conditions or Current price, since I'm just investing specific amounts on intervals.

And I think I would catch up pretty fast cause I do have multiple sources of income, I won't like to share my total income for a month cause its mostly irregular cause I do have some mini investments going on with a forex group, but from your first paragraph it think your also telling me to make sure I remove some money for my upkeep, I'm still with my parents for now tho, so I think that is covered, the emergency fund, should i also remove a part of my income to cover up emergency, what kind of emergency are we talking about here?. For a start I think I can use two strategies, lump sum and dca since I can manage that for now, is it also possible I lump sum on dips, since its buying with a huge percentage of your capital each month, can I use lump sum in a way that i set it to buy at any dip that occurs in the market while I use dca to be on a safe side since the market is unpredictable? .

You may well feel screwed if the BTC price goes down after you had already invested all $200 and then you don't have anything left, and then you may well feel screwed if BTC prices go up and you still are sitting on some cash.  In the beginning it is almost a no win situation and you just try to balance it out as best as you can, and maybe after a few years investing you start to feel that you have everything in place.  You have figured out your budget and you have some reserves for buying on dips and you have built and established an emergency fund.. and maybe you have figured out some ways in increase your cash flows and to decrease your expenses... but you still are likely going to always have some tensions in terms of trying to figure out how many BTC you need and how long it is going to take to accumulate as many BTC as you believe that you need.. especially if your goals might be to reach some variation of fuck you status...

and if you think about it, there are a lot of people who work 30-40 years or more and they do not reach fuck you status, so if you are able to actually reach it or maybe even reach it in 15-20 years, then you end up both reaching it and cutting the time in half.. and none of that is guaranteed.. You just need to do your best under your own particular circumstances.

I believe in other to avoid that tension I would set a big goal, then start with smaller targets or milestone, this emotion strategy would be good for me to avoid the tension around the time frame for accumulation and how many I would accumulation within that time frame. Cause I believe it all boils down to the amount I'm putting in or investing in bitcoin. My strategies would even work better with a higher income, which I should try to fix. I now have an idea 💡, I could start up a business in my school and deposit all my profit as a daily dca in bitcoin, then use my monthly income for lump sums, this way I'll have a chill and start saving up some emergency funds, even if I'm not clear on its purpose. Let say I set aside another 200$, and Start up a snack business at my school, with the high traffic I'll could make daily profit of about 20$-50$ on average to very good days cause I'm targeting the hostel areas, then I'll dca about 80% or 70% of my profit daily into bitcoin and at the end of the month if I was invested a total of 20$ daily I would have total of 560$ already in bitcoin, not including my monthly lump sum. The reason I would like to have this business first is because I think I would accumulate faster and reach my goals if I had a steadier source of income that I can plan with. Then reach my own fuck you status wouldn't be a problem. If I'm going with about 5 years and sure my investment amount would be increasing, I might be able to achieve at least 2 bitcoin if not more in this time frame. I'll start by setting my first milestone which should be getting a more steady source of income. Or I could even invest 15$ from my daily profit and save 5$ so at a weekly or 2 weeks interval I'll lump sum a bit, just in cases where the price might have little fluctuations which could be up or down

Im definitely cool with dca cause from your examples I think dca is the best strategy for a newbie like me then I can learn more about buying dips and all that, and judging from my capital, how much would I be keeping out for dips, I just think its not enough, so I'll dca first, then I can add other plans later. Although I had already invested 10$ into bitcoin last week,  I going now i can move a bit slowly, while getting more capital to fund other strategies.

Of course, past performance does not guarantee future results, so you just do your best.. and sometimes it can be o.k. to build up a separate fund that you would be able to use for buying on dips, even if you might ONLY be setting aside a few dollars every week for such potential purposes, and frequently I think that $10 per week is very small, yet I know that some members in some parts of the world feel that they can ONLY do $10 per month, and so doing $10 per week, you are investing 4 times more than they are.. and sometimes there could be some ways to both invest into bitcoin regularly and to build up a side fund that you would use for buying on dips.. and really my example 8 is stemming from the hypothetical income and expenses that I described to exist in example 1 .

Example 1: This person has not accumulated any bitcoin, and has an income that is between $300 and $2k per month and most months his income is around $1,200, and monthly expenses of between $600 and $1,000 per month and most months $800. This person has a debt of $1,400 that he services at $50 per month with a 6% interest rate that he services at $50 month with an expected payoff in 30 months (2.5 years), and he has an emergency fund of about one month's expenses $1k.

So in my hypothetical there is already some income and expenses presumptions that even seem to give quite a bit of a cushion for possible investing into BTC, and there is debt described and a pretty much inadequate emergency fund, so sometimes there can be enough income to be able to accomplish several things at once, but at the same time, there can be struggles in which a person might not have much if any cash left over to be able to invest into bitcoin, and so there would likely need to be some setting of priorities and if they actually have emergency expenses that end up occurring in any particular month, they can end up putting themselves into a pickle if they don't have enough in their emergency funds to cover their expenses during that period, and they feel that they have to dip into their BTC at a time that is not of their own complete and voluntary choosing.

A lot of poor  people (or not so rich people who have tight cashflows) will fail in their investments (including their BTC investment) because they have not structured their investment properly and they are ONLY preparing for UP and/or they are not creating, building and maintaining an adequate/sufficiently sized emergency fund.. which should be 3-6 months of their expenses in cash (or the currency in which they are paying their expenses).

And that the reason I think setting up a business that could support my investment would be good, cause if I'm investing just 10$ weekly, how long do would it take to accumulate up to 1 bitcoin for me, and the market would either favor me in this case by decrease which I can't bet on, or increasing which would most likely happen. So i think to avoid a poor accumulation result I must have a plan that should help accelerate the process by giving more capital to strategies and invest properly. Even with a monthly earning that could go up to 300$ just assuming, alone would not give me a good time frame for accumulation since I might have some short comings that would make me dip my hand back in my investment and even my expense must be managed properly to for me to hive a higher chance to save up some emergency funds. For now I think I would start with dca with my little allowance and then use my monthly income to set up a system that can generate a substantial amount for investment. Cause if poor income and management could be a deficiency in accumulation where I might have to dip my hand back in my portfolio then I guess my first real move here should be to fix that and get my finance in order. What do you think about this.

[Hewlet]

I think every year is always the best for those who continue to buy Bitcoin on a DCA basis because they continue to buy and don't care about news or bad news. That's probably why some people don't organize their initial planning carefully so they always assume that there will be a future time that will be much better than now. I think postponing it is not a good thing because doubt is certainly a regret that will haunt their minds.

you know their is one thing about procrastination tendencies, it will make you feel like the best time to ever do a thing or make any decision is in the future. So many persons that have planned to start accumulating and holding bitcoin last year but could not do it and that have shifted it to this year would still be saying that the year has just started and that they will hodl it as the year progresses forgetting that they've been saying it in the past and have not made any positive decision yet.

It's good to at least make plans before deciding an amount of bitcoin what would buy but when year after year we still continue planning to buy and never buying it, then it goes to show that our bitcoin experience isn't complete.

The truth is, if you can't accumulate today, chances are that you wouldn't be able I accumulate in their future. Remember that today is the future of yesterday and tomorrow will still be as today so Buy the DIP and HODL!

[Popkon6]

If I may ask with our disrupting this thread what is the main purpose of accumuting bitcoin for long term, cause if you are not selling When it's high and making profit or is there something I dont know about the long term investment in bitcoin and its benefits, cause I'm a little bit confused on why I should be accumulating bitcoin for long term if not to make profit. Are they any hidden benefits of doing this. I'm not a hater, I just want to learn, if purpose is not know then misuse is inevitable. I'm coming to understand how DCA works by going through the thread but, I don't see a place my dcaing ends for me to make profit. I'm not looking for a get rich scheme in bitcoin accumulation. I just want to know the exact reasons that would be motivating everyone to hold for long without any sell plan. I just started investing in bitcoin last week with my first 10$ investment, quite small but its a start since my salary is small for now, I really want to catch up, but I need clarification on this since I'm.beign bothered about it.

Different investors have different motives or different reasons for investing. One of the reasons why some investors holds Bitcoin for longer period is to see high profitability. Bitcoin has a total supply of 21 million and the world population is over 8 billion and with each passing day Bitcoin is gaining more adoption, that means many people will be investing in Bitcoin and this will keep pushing the price up. It has also been proven from history that long term holders are the ones who stand the chance of making profit in Bitcoin.

Here we learn how to hold Bitcoin for long term, Bitcoin price ups and downs and from there regular Bitcoin investment, how to save from high Bitcoin prices. Bitcoin is used by people of almost all countries, but we will learn how to invest in DCA method. Here it is possible to learn this form of DCA method until a new investor becomes successful with Bitcoin investing. As I have invested in Bitcoin in the past by following the DCA method from there I keep investing for longer and accumulate more Bitcoins. By adopting this DCA strategy alone, adopting DCA strategy definitely increases investment interest.

[Wind_FURY]

[edited out]

Plus people in the topic who are convinced that there will be "NO MORE MAJOR DIPS" should stop thinking binarily and start thinking in probabilities. Because with the macro-economics looking bad in major economies like China and the United States, it could start a systemic event that might take the economies in different regions around the world with them.

The unemployment data in the United States will be a leading indicator in knowing if there will be a sudden crash, and if Jerome Powell starts to pivot - For the wrong reasons. The "soft-landing" might not happen. It will be "higher for longer" until something will break.

It sounds like you keep praying for a dip that might not happen.  

Haha of course, with my strategy I'm always praying for a DIP!

But don't make it sound that the hypothesis about a possible recession caused my a macro-economic failure is not supported by factual basis. It isn't based on "prayers", ser. Simply data.

At least you admit that you are doing a lot of praying, and perhaps too much praying and not enough buying of BTC.

For the limited capital I have, I have enough. Don't worry about me, ser.

Additional purchases will be small and only if there's a good discount, which I believe will be coming.

The Federal Reserve has two mandates,

- Maximum employment
- Price stability

Jerome Powell must accept that to serve one, he must disable the other. In most of history inflation was never truly curbed until unemployment rate surges, causing a recession.

I know that you have been ongoingly and persistently distracted by such Macro nonsense... and since when should we have gotten distracted into giving very many shits about what the Fed is doing?  Sure liquidity is a factor, but we still have bitcoin the three main factors that have ongoingly influenced BTC prices which is 1) stock to flow, 2) 4-year fractal and 3) exponential s-curve adoption based on Metcalfe principles and networking effects (as outlined by Trace Mayer).

OK, I respect the opinion, but let's wait for the "Macro Nonsense" if something does break. I'm not going to say "I told you so", but what I'm going to say is just save some of that DCA money and allocate it to Buy the DIP.

Hopefully you are adequately prepared for UP, and you are not regretting too much that you had ended up holding way too much cash in August, September and October waiting for dips that did not end up happening then, either... but hey, whatever, you do you.

My biggest purchases was during the year when I made this topic. Most of my savings until that time went into Bitcoin.

O.k.  I will create an example 8 from this information...

--Snip--

You hoped that I'm adequately prepared for "UP", I merely replied to you that yes, I'm very confident that I'm ready. Your 8-point example will be wasted on someone who is in the left side of the I.Q. Bell Curve like me.

[reagansimms]

Different investors have different motives or different reasons for investing. One of the reasons why some investors holds Bitcoin for longer period is to see high profitability. Bitcoin has a total supply of 21 million and the world population is over 8 billion and with each passing day Bitcoin is gaining more adoption, that means many people will be investing in Bitcoin and this will keep pushing the price up. It has also been proven from history that long term holders are the ones who stand the chance of making profit in Bitcoin.

Here we learn how to hold Bitcoin for long term, Bitcoin price ups and downs and from there regular Bitcoin investment, how to save from high Bitcoin prices. Bitcoin is used by people of almost all countries, but we will learn how to invest in DCA method. Here it is possible to learn this form of DCA method until a new investor becomes successful with Bitcoin investing. As I have invested in Bitcoin in the past by following the DCA method from there I keep investing for longer and accumulate more Bitcoins. By adopting this DCA strategy alone, adopting DCA strategy definitely increases investment interest.

A strategy is really needed to get maximum results in Bitcoin investment. The DCA strategy is very suitable for beginner investors who are not familiar with fundamental or technical analysis. This strategy is also very commonly used by investors who have been in the Bitcoin market for a long time. One of investors' goals in investing is to minimize risk, the DCA strategy can help investors reduce investment decisions based on emotions and FOMO.
Investors who want to invest in Bitcoin must have the courage to start investing any amount and make it a regular habit. When the convenience and benefits of the DCA strategy are felt, it will certainly attract more interest from investors to continue investing regularly.

[Roseline492]

Of course, past performance does not guarantee future results, so you just do your best.. and sometimes it can be o.k. to build up a separate fund that you would be able to use for buying on dips, even if you might ONLY be setting aside a few dollars every week for such potential purposes, and frequently I think that $10 per week is very small, yet I know that some members in some parts of the world feel that they can ONLY do $10 per month, and so doing $10 per week, you are investing 4 times more than they are.. and sometimes there could be some ways to both invest into bitcoin regularly and to build up a side fund that you would use for buying on dips.. and really my example 8 is stemming from the hypothetical income and expenses that I described to exist in example 1 .

Yeah you are right past performance doesn't guarantee future results but it only serve as a roadmap that will guide him through his investment decisions and the negative or positive things that could happen if taking a certain decisions and how he can avert it.

Actually having a separate funds is a very nice idea because if our intention is to target both the DCA accumulation and buying when the price is dip, so perhaps we could structure two ways of accumulation first keeping or budgeting a particular fund for regularly DCA accumulation and secondly by keeping a fund to accumulate Bitcoin when it dips. Perhaps just like your explanation on the example 8, there is every need to have a lum sum method if we are using DCA strategy because it will always enable us to utilize every opportunity given to us when the price is dip but although it all depends on the financial strength of the investor.

[Odohu]

Plus people in the topic who are convinced that there will be "NO MORE MAJOR DIPS" should stop thinking binarily and start thinking in probabilities. Because with the macro-economics looking bad in major economies like China and the United States, it could start a systemic event that might take the economies in different regions around the world with them.

The unemployment data in the United States will be a leading indicator in knowing if there will be a sudden crash, and if Jerome Powell starts to pivot - For the wrong reasons. The "soft-landing" might not happen. It will be "higher for longer" until something will break.

Instead of the stress of how to think and how not to think, why can't someone just engage in the buying already since that is what we are here to do? Why bother ourselves with if price will dip or not when we could have just start the buying and allow the market decide? I have come to realize that there is no perfect price for entry and the moment one have the mindset of waiting for the dip (aka perfect entry), then doubt and confusion will creep in and the end will most likely not be pleasant.

I have followed your conversation in this thread lately and you seem to have settled for waiting for dips to buy. I understand the advantages but I don't consider it efficient because of the uncertainties that follows it and the chances of poor judgement and emotional torture that it is prone to. So to compensate for the concerns I already stated, one can be waiting for the dip with some portion of the budgeted funds while applying the DCA with part of it. In this case, if the supposed dips happens fine and if it doesn't, then the DCA will suffice, just that the amount invested in this case will be lower than it would have been if one used the entire funds for the DCA.

In addition, isn't it too stressful focusing on economical and fundamental data in making your Bitcoin investment decision when you know that those data are not 100% reliable? I have seen several situations where supposed positive news was followed with massive dump... they will always conjure jargon to justify it. This approve to be has all the attributes of short term investors or traders, hence, my preference of the DCA method.

[Wind_FURY]

Plus people in the topic who are convinced that there will be "NO MORE MAJOR DIPS" should stop thinking binarily and start thinking in probabilities. Because with the macro-economics looking bad in major economies like China and the United States, it could start a systemic event that might take the economies in different regions around the world with them.

The unemployment data in the United States will be a leading indicator in knowing if there will be a sudden crash, and if Jerome Powell starts to pivot - For the wrong reasons. The "soft-landing" might not happen. It will be "higher for longer" until something will break.

Instead of the stress of how to think and how not to think, why can't someone just engage in the buying already since that is what we are here to do? Why bother ourselves with if price will dip or not when we could have just start the buying and allow the market decide? I have come to realize that there is no perfect price for entry and the moment one have the mindset of waiting for the dip (aka perfect entry), then doubt and confusion will creep in and the end will most likely not be pleasant.

I have followed your conversation in this thread lately and you seem to have settled for waiting for dips to buy. I understand the advantages but I don't consider it efficient because of the uncertainties that follows it and the chances of poor judgement and emotional torture that it is prone to. So to compensate for the concerns I already stated, one can be waiting for the dip with some portion of the budgeted funds while applying the DCA with part of it. In this case, if the supposed dips happens fine and if it doesn't, then the DCA will suffice, just that the amount invested in this case will be lower than it would have been if one used the entire funds for the DCA.

In addition, isn't it too stressful focusing on economical and fundamental data in making your Bitcoin investment decision when you know that those data are not 100% reliable? I have seen several situations where supposed positive news was followed with massive dump... they will always conjure jargon to justify it. This approve to be has all the attributes of short term investors or traders, hence, my preference of the DCA method.

If you want to DCA and not look for discounts or a Bitcoin fire-sale, then good luck to you. But because I'm a mere pleb with limited capital, I need to be more efficient and careful with my money, plus accept that there are some price levels that I should avoid because they are simply not a good deal.

It's probably the same as when you're shopping for nice clothes. Some of them will simply be too expensive, but if you wait and be patient, you'll be given an opportunity to by them on sale.

[Pikachi42]

Overall 2023 was a good year for bitcoin and bitcoiners.

Yes, it's relatable to those who took the very opportunity of starting up their Bitcoin journey and also those who kept consistent in their Bitcoin accumulation. The market was open to everyone but not everyone seized the opportunity, so putting into consideration the way the market is moving it will also accept more investors, likely few months after the halving then we expect to experience an ATH, which may not be the perfect spot to hop in.

2023 was a good year for Bitcoin and Bitcoiners. I had the opportunity to join this forum in 2023 to learn about Bitcoin, and it has helped me to understand Bitcoin and also start accumulating Bitcoin with the DCA strategy at regular intervals. The DCA strategy has always been helpful to me when I'm accumulating Bitcoin because it helps me to take care of my financial needs. We are expecting 2024 to be better than 2023 for Bitcoin and Bitcoiners, because the spot Bitcoin ETF was approved last week, and the Bitcoin halving will also happen this year.

Yes I agree with you. I am new to Bitcoin. According to your information, the year 2023 was very good for Bitcoin and Bitcoin users. But for the last 7 days, Bitcoin has been going down, that is, the beginning of 2024 has not been good at all. https://www.coingecko.com/en/coins/bitcoin
Bitcoin Price Review Expect Bitcoin to increase in value and halve within this year. I think 2024 will be a memorable year for those who use the DCA method.

We are only 2 weeks into 2024, and so far 2024 has been very good for bitcoin too, even if price performance has been a bit volatile, but who cares, especially if you may well be new to bitcoin, then you better be buying regularly and not getting too worked up about short-term BTC price moves.  But hey, in the end you can do what you like, including getting distracted by short-term price moves. 
[/quote]
Yes, I am new to bitcoin and have deposited some bitcoins for long term with DCA method and am trying to gain more knowledge about bitcoins by reviewing the market so that I can profit from short term investments. Not to mention one more thing, I am going to open a shop very soon, my shop is about 80% done. Hopefully in a few days I will be able to open my store and buy and sell products with Bitcoin.

[Litzki1990]

If I may ask with our disrupting this thread what is the main purpose of accumuting bitcoin for long term, cause if you are not selling When it's high and making profit or is there something I dont know about the long term investment in bitcoin and its benefits, cause I'm a little bit confused on why I should be accumulating bitcoin for long term if not to make profit. Are they any hidden benefits of doing this. I'm not a hater, I just want to learn, if purpose is not know then misuse is inevitable. I'm coming to understand how DCA works by going through the thread but, I don't see a place my dcaing ends for me to make profit. I'm not looking for a get rich scheme in bitcoin accumulation. I just want to know the exact reasons that would be motivating everyone to hold for long without any sell plan. I just started investing in bitcoin last week with my first 10$ investment, quite small but its a start since my salary is small for now, I really want to catch up, but I need clarification on this since I'm.beign bothered about it.

Different investors have different motives or different reasons for investing. One of the reasons why some investors holds Bitcoin for longer period is to see high profitability. Bitcoin has a total supply of 21 million and the world population is over 8 billion and with each passing day Bitcoin is gaining more adoption, that means many people will be investing in Bitcoin and this will keep pushing the price up. It has also been proven from history that long term holders are the ones who stand the chance of making profit in Bitcoin.

Here we learn how to hold Bitcoin for long term, Bitcoin price ups and downs and from there regular Bitcoin investment, how to save from high Bitcoin prices.

Bitcoin long-term holding doesn't require much education and is only discussed here and here. Whether you invest in Bitcoin and hold it for a long time is entirely up to you. No matter how much we discuss here about the positive aspects of long term investment an investor will never be able to hold his investment for long if he does not plan. If you want to invest in Bitcoin with a long-term plan, I don't think a little volatility in the market will affect you too much because a long-term plan means you have to hold the coin for a very long time, so temporary fluctuations will not affect your investment at all.

Bitcoin is used by people of almost all countries, but we will learn how to invest in DCA method. Here it is possible to learn this form of DCA method until a new investor becomes successful with Bitcoin investing.

Most of the investors who are involved in investing probably know about DCA method of investing. DCA (Dollar Cost Averaging) is a great investment strategy. In this method an investor invests his capital by dividing it into several parts. Those who do not have enough capital will not be disappointed after listening to me in advance. In this case, those investors who have to invest with income money instead of capital, those investors can invest based on their own money on a specific day, week or month if they want. Now an investor does not need to wait for a long time to start investing in DCA strategy. There are many investors who have planned long ago but could not invest because they did not have much money. Many investors have missed such opportunities as Bitcoin prices have gone from very low to very high levels without having enough money to manage. But now there is no risk of missing the opportunity for the investor as the investor will get the opportunity to invest in different positions of value step by step with DCA strategy. This strategy may not have been discussed much when I first started investing but ever since I came to know about this strategy new investments have been made in this strategy but keeping the previous investments intact.

As I have invested in Bitcoin in the past by following the DCA method from there I keep investing for longer and accumulate more Bitcoins. By adopting this DCA strategy alone, adopting DCA strategy definitely increases investment interest.

Good luck with your investment, invested in the old way now investing in the new way hope you keep the investment for long time. Finally one thing you said that investing in DCA method increases the interest of investment which is applicable for new investors at that time new investors get some money profit as they invest. That is, a small amount of profit encourages them and increases the demand for investment.