Buy the DIP, and HODL!

[ginsan]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

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[Wind_FURY]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

Plus it's also very important for the newbies to know that it's better to concentrate all of their capital on one asset that's NEVER going to go away, and that's Bitcoin. Those "traders" who buy and sell different altcoins/shitcoins will definitely have a harder time finding which narrative is the current one to "trade" because the market this cycle is VERY dispersed. There's simply more and more cryptocurrencies and tokens listed in more and more exchanges, centralized and decentralized, under different sectors.

Because it is so dispersed, I believe it might make many of them surge in smaller and shorter durations.

[JayJuanGee]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

Even a guy investing $10 per week since October 1, 2013 might feel that he does not have enough BTC, but he is in a real good place, since he had invested nearly $5.7k and he has nearly 7.1 BTC.

And the guy investing $100 per week over the last 6 years does not have as many BTC as the guy who started in 2016, but he is in a better position for having had invested into BTC, and he invested $31.4k and he has nearly 2.54 BTC.. still not a bad place to be, but he might feel that he does not have enough, and he likely is not going to catch up to the guy who started in 2013 with only $10 per week.

No one can really tell us where we are going and how long it might take for any of us to feel satisfied with our BTC investment, even thought there surely remains quite a bit of potential value in getting started sooner rather than later, and with the passage of time, BTC's investment thesis is not getting any weaker.

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

Plus it's also very important for the newbies to know that it's better to concentrate all of their capital on one asset that's NEVER going to go away, and that's Bitcoin. Those "traders" who buy and sell different altcoins/shitcoins will definitely have a harder time finding which narrative is the current one to "trade" because the market this cycle is VERY dispersed. There's simply more and more cryptocurrencies and tokens listed in more and more exchanges, centralized and decentralized, under different sectors.

Because it is so dispersed, I believe it might make many of them surge in smaller and shorter durations.

Exactly.  There is a need to stay focused, because whether you are able to invest $10 per week or $100 per week, you are going to really end up diluting your investment if you are fucking around with various shitcoins that may or may not perform.. and the chances of them performing is surely not good.. especially if we consider both upside and downside.. and if we consider places to invest for the longer term such as 4-10 years or even longer.

[BABY SHOES]

Exactly.  There is a need to stay focused, because whether you are able to invest $10 per week or $100 per week, you are going to really end up diluting your investment if you are fucking around with various shitcoins that may or may not perform.. and the chances of them performing is surely not good.. especially if we consider both upside and downside.. and if we consider places to invest for the longer term such as 4-10 years or even longer.

Better $10 a week for bitcoin than $5 for shitcoin which is just gambling capital.
Shitcoin is only a moment maybe only now is bullish trend back up those who trade shitcoin will be happy but there is a negative side where when the narrative is dead all shitcoin will have no value.

Considering the positive side of investment, it is more focused on one Bitcoin coin, this asset is safe will never die and even if the price decreases we just have to wait for a time it will definitely come back and we know the cycle is always history where ATH records always occur.

Stick with bitcoin even though a little per week for DCA I will do long term.

[Perfectbaby]

Plus it's also very important for the newbies to know that it's better to concentrate all of their capital on one asset that's NEVER going to go away, and that's Bitcoin. Those "traders" who buy and sell different altcoins/shitcoins will definitely have a harder time finding which narrative is the current one to "trade" because the market this cycle is VERY dispersed. There's simply more and more cryptocurrencies and tokens listed in more and more exchanges, centralized and decentralized, under different sectors.

Because it is so dispersed, I believe it might make many of them surge in smaller and shorter durations.

Traders can never be considered as an investor because they don't hold a particular asset for long because they are there moving their assets from exchange to exchange seeking for coin and shitcoin to buy that could possibly give them 2x 10x, and possibly 100x within the period of their investments. They don't care if bitcoin gets whatever amount what they think is the little profits they scratching up from their trade, and of course the best assets to hold is bitcoin currently they won't know what they are doing because they thought price of bitcoin could continue to be this cheaper as they think, and the best place to sink their capital is bitcoin.

[ginsan]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

Plus it's also very important for the newbies to know that it's better to concentrate all of their capital on one asset that's NEVER going to go away, and that's Bitcoin. Those "traders" who buy and sell different altcoins/shitcoins will definitely have a harder time finding which narrative is the current one to "trade" because the market this cycle is VERY dispersed. There's simply more and more cryptocurrencies and tokens listed in more and more exchanges, centralized and decentralized, under different sectors.

Because it is so dispersed, I believe it might make many of them surge in smaller and shorter durations.

Apart from that, basically if you compare Shitcoin traders, of course they are clouded by their fear of the assets they own because slowly shitcoin assets will become zero and they have to think about that. There is no comparison with Bitcoin, where Bitcoin is a safe asset and we have noticed this from period to period.

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

Even a guy investing $10 per week since October 1, 2013 might feel that he does not have enough BTC, but he is in a real good place, since he had invested nearly $5.7k and he has nearly 7.1 BTC.

And the guy investing $100 per week over the last 6 years does not have as many BTC as the guy who started in 2016, but he is in a better position for having had invested into BTC, and he invested $31.4k and he has nearly 2.54 BTC.. still not a bad place to be, but he might feel that he does not have enough, and he likely is not going to catch up to the guy who started in 2013 with only $10 per week.

No one can really tell us where we are going and how long it might take for any of us to feel satisfied with our BTC investment, even thought there surely remains quite a bit of potential value in getting started sooner rather than later, and with the passage of time, BTC's investment thesis is not getting any weaker.

It is the essence of the focus with which they are able to achieve satisfying ownership in the journey they undertake. There are no obstacles for us to follow the steps that people have done before we started. They are determined to continue buying and regardless of the price they have a focus on continuing to accumulate Bitcoin. Apart from that, if for now it is of course $10 per week we need a lot of time to reach 1 Btc which means we need to make 6870 purchases if I calculate it at the current price.

But it's just a matter of time because if we increase to $20 it will certainly be faster to reach 1 BTC. But previously I said that we invest in a relaxed manner without any burden on our minds, so in these words we only need to be consistent in making purchases every week.

[Barikui1]

Plus it's also very important for the newbies to know that it's better to concentrate all of their capital on one asset that's NEVER going to go away, and that's Bitcoin. Those "traders" who buy and sell different altcoins/shitcoins will definitely have a harder time finding which narrative is the current one to "trade" because the market this cycle is VERY dispersed. There's simply more and more cryptocurrencies and tokens listed in more and more exchanges, centralized and decentralized, under different sectors.

Because it is so dispersed, I believe it might make many of them surge in smaller and shorter durations.

Traders can never be considered as an investor because they don't hold a particular asset for long because they are there moving their assets from exchange to exchange seeking for coin and shitcoin to buy that could possibly give them 2x 10x, and possibly 100x within the period of their investments. They don't care if bitcoin gets whatever amount what they think is the little profits they scratching up from their trade, and of course the best assets to hold is bitcoin currently they won't know what they are doing because they thought price of bitcoin could continue to be this cheaper as they think, and the best place to sink their capital is bitcoin.

I really don't think you get the clear picture of trading bro, when you talk about trading, you are definitely talking about the future market, which is totally different from buying, holding and selling when the coin you bought has appreciate, and that is the spot market, in the spot market you can't lose your money as long as you don't sell.

But the major issue most people are facing is that they are buying the wrong coin, some people even know that the best is Bitcoin, but they are going to tell you that their is not much profit in Bitcoin, forgetting that shit coin fall more than they rise, and when dealing with shit coin, you will eventually get burn at some point, but with Bitcoin, it's a win win situation as long as you are a long term holder.

[JayJuanGee]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

Even a guy investing $10 per week since October 1, 2013 might feel that he does not have enough BTC, but he is in a real good place, since he had invested nearly $5.7k and he has nearly 7.1 BTC.

And the guy investing $100 per week over the last 6 years does not have as many BTC as the guy who started in 2016, but he is in a better position for having had invested into BTC, and he invested $31.4k and he has nearly 2.54 BTC.. still not a bad place to be, but he might feel that he does not have enough, and he likely is not going to catch up to the guy who started in 2013 with only $10 per week.

No one can really tell us where we are going and how long it might take for any of us to feel satisfied with our BTC investment, even thought there surely remains quite a bit of potential value in getting started sooner rather than later, and with the passage of time, BTC's investment thesis is not getting any weaker.

It is the essence of the focus with which they are able to achieve satisfying ownership in the journey they undertake. There are no obstacles for us to follow the steps that people have done before we started. They are determined to continue buying and regardless of the price they have a focus on continuing to accumulate Bitcoin. Apart from that, if for now it is of course $10 per week we need a lot of time to reach 1 Btc which means we need to make 6870 purchases if I calculate it at the current price.

But it's just a matter of time because if we increase to $20 it will certainly be faster to reach 1 BTC. But previously I said that we invest in a relaxed manner without any burden on our minds, so in these words we only need to be consistent in making purchases every week.

Well of course there are advantages in being more aggressive and also as aggressive as you are able to be, but if you are ONLY able to invest $10 per week for the next 10 years, you would have had ONLY invested $5,200 after 10 years and you are not going to be coming even close to accumulating a whole coin... yet there is no need to think in terms of whether you can get a whole, coin and you have to attempt to be realistic within the terms of your own personal circumstances.. including finances and psychology.

A similar thing was true 10 years ago.  Bitcoin had a much worse reputation and likely a way weaker investment thesis than it does right now.. except for those who really were either luckily in the right place at the right time or they were able to some how figure out how to start to get their hands on BTC and so even the fairly whimpy investors from  more than 10 years ago were able to profit stupendously from their investment in bitcoin, as long as they mostly continued to invest and they were able to mostly hold through the whole period and perhaps just keep continuously buying..

Surely bitcoin is more available now days than it was 10 years ago.... and surely bitcoin's investment thesis is a lot stronger these days, even if some of the upside price potential might not be as great, it still remains a great place to put you extra money, even if you are ONLY able to accomplish relatively whimpy amounts, such as $10 per week and there are needs to try to stay within your own budget and not to become preoccupied about whether your opportunity has gone or it is not as good and blah blah blah.. There is no way to turn back the clock, but there is a way to still recognize and appreciate that bitcoin remains a great investment, if not the best investment that is widely available for people of all incomes. .even though geographically some folks might have to search out avenues in terms of how to get their bitcoin. 

At the same time, right now, there are still a lot of folks who have hardly any clues about bitcoin  or about how to get bitcoin within their own country.. and trying to figure out where there might be some channels to get BTC within their jurisdiction... so then one thing is if the BTC is available and then other thing is to be able to set aside whatever they are able to do.. and yeah, that could be $100 per week or it might well be in the $10 to $20 range, yet we cannot expect them to be able to invest more than they are able to, even though there likely are a lot of ways that normal folks (normies) can begin to arrange their finances in ways that they have more disposable income in ways of either increasing their income or lowering their expenses.

[Ben Barubal]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

     Actually, this DAC has been an effective method for most of the communities in the field we live in, and it has been proven by most of them. All that is needed is that we have a plan for why we will do it. And that plan will motivate us to persevere in saving for the future.

     Even rich people are doing this because they see that DCA is really proven and tested. If Bitcoin or cryptocurrency has not yet been created, we are already doing this to people all over the world, if we call it future savings, right?

[Tmoonz]

Exactly.  There is a need to stay focused, because whether you are able to invest $10 per week or $100 per week, you are going to really end up diluting your investment if you are fucking around with various shitcoins that may or may not perform.. and the chances of them performing is surely not good.. especially if we consider both upside and downside.. and if we consider places to invest for the longer term such as 4-10 years or even longer.

Better $10 a week for bitcoin than $5 for shitcoin which is just gambling capital.
Shitcoin is only a moment maybe only now is bullish trend back up those who trade shitcoin will be happy but there is a negative side where when the narrative is dead all shitcoin will have no value.

There is no guarantee about that happiness even though we in are bullish trend, many we still fall a victim of being scammed and many might probably become overly greedy enough not to sell too soon and end up selling at lost while waiting for a multiple x and at some point those that also sell too soon might also be in deep regrets when there is a multiple x after they have sold, the truth is that there is no way we can compare Bitcoin to shitcoins.
I had a friend who invested in one of  the shitcoins he sold very early and after then the coin made a Multiple x and he became in a deep regrets that devasted his emotion for a very long time because he felt he has missed an opportunity that would have changed his life, my point is that there is no happiness in shitcoins involvement because at some point you might want to sell and when you sell you might regret why you sell and when you don't sell you might also regret why you didn't sell, there is so much emotional devastation that is where I asked why getting involved in to some thing that will not give you peace of mind. But with your dca you are always there in the market accumulating your Bitcoin peacefully after making provisions for your upkeeps , emergency, reserved and float funds which will help you to have a successful Bitcoin investment.

[jossiel]

DCAing don't really matter if the market is high or low, so you don't have to wait till the market value goes down before investing. I agree with you about having an additional income or having a major source of income if you want to apply the DCA method, however making one big investment too is another strategy which is mostly the long sum method, which for me I believe is for people that have the purchasing powers to do so, however the whole idea is to best use a strategy that suits your income.

Just make sure that when you DCA, you're not spending the money that you're going to use for your food or utilities.

That's the reason why it is important to consider as well on what kind of money you'll use as you DCA. But some investors goes to the tough path and they're spending money that's allotted into something important but they are sacrificing that expenses to buy Bitcoin.

But don't do that, it's why we're all advising everyone to have some other source of income and only invest what you can afford to lose.

[I_Anime]

There is no guarantee about that happiness even though we in are bullish trend, many we still fall a victim of being scammed and many might probably become overly greedy enough not to sell too soon and end up selling at lost while waiting for a multiple x and at some point those that also sell too soon might also be in deep regrets when there is a multiple x after they have sold, the truth is that there is no way we can compare Bitcoin to shitcoins.

comparing Bitcoin to shitcoins, is like comparing a whole planet to mountain. Investing in Bitcoin is more safer and have more growth potential, we all believe that as time goes Bitcoin would keep undergoing break through in price ( though it may not be  guarantees) but am pretty sure of it . Holding shitcoins won't be a smart move , most are just for pump and dump scheme with no purposes. So such coin may dip without having any plan of recovering and it it by any chances recovered it would take alot of damn time . So just focus on your bitcoin accummulation and remove anything related to shit coin investing from your mind .to prevent any losses that can get one reckt.

DCAing don't really matter if the market is high or low, so you don't have to wait till the market value goes down before investing. I agree with you about having an additional income or having a major source of income if you want to apply the DCA method, however making one big investment too is another strategy which is mostly the long sum method, which for me I believe is for people that have the purchasing powers to do so, however the whole idea is to best use a strategy that suits your income.

Just make sure that when you DCA, you're not spending the money that you're going to use for your food or utilities.

That's the reason why it is important to consider as well on what kind of money you'll use as you DCA. But some investors goes to the tough path and they're spending money that's allotted into something important but they are sacrificing that expenses to buy Bitcoin.

But don't do that, it's why we're all advising everyone to have some other source of income and only invest what you can afford to lose.

exactly, anyone that's doing such is just executing poor planning. The best way to Investing is not having good cashflow alone , but how you plan and handle things. By using the DCA strategy to accumulate according to your cashflow, set aside an emergency funds for covering expenses. And also have a reserved funds to use whenever one have the opportunity to buy using this other accumulating strategy to purchase. There's another important things , which is how consistent you are with your DCAing and to keep on learning more things on how to secure a good investment.

[JayJuanGee]

    Actually, this DAC has been an effective method for most of the communities in the field we live in, and it has been proven by most of them. All that is needed is that we have a plan for why we will do it. And that plan will motivate us to persevere in saving for the future.

     Even rich people are doing this because they see that DCA is really proven and tested. If Bitcoin or cryptocurrency has not yet been created, we are already doing this to people all over the world, if we call it future savings, right?

Fuck crypto currencies.. we are neither talking about them in this thread and even if we were, they are not an investment in which DCA makes sense for the long term.. so it tends to be quite misleading to talk about DCAing into shitcoins... even if there might be some short-term ways to carry out DCA.. but we are also not talking about short term practices in this thread, either.

Part of the appeal of DCA is to have some confidence to employ it over the long term. even though surely anyone is free to abandon their investment at any time and then profit in dollars and likely end up undermining their accumulation of BTC if they cannot figure out some meaningful way to stay focused on accumulating BTC, which is part of what DCA helps to accomplish.. the establishing of a position over time and to continue to build such position and to stay in a mindset of continuous and ongoing BTC accumulation.. which likely is going to serve the person better than trying to monkey around with trading and/or even changing his accumulation amounts based on concerns of short-term BTC price directions.

So yeah, the longer that anyone DCAs into BTC, the amount of BTC can more and more begin to be considered as long term savings, even if there may well be some points that some of the savings might start to get dipped into after there has been a sufficient amount of time of building it and even allowing it to appreciate in value, to the extent that it has good chances of continuing to appreciate in value just as it has done historically, and there is no real information to suggest that BTC is going to discontinue appreciating in value, especially when viewed in longer term time frames.

[Popkon6]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

     Actually, this DAC has been an effective method for most of the communities in the field we live in, and it has been proven by most of them. All that is needed is that we have a plan for why we will do it. And that plan will motivate us to persevere in saving for the future.

     Even rich people are doing this because they see that DCA is really proven and tested. If Bitcoin or cryptocurrency has not yet been created, we are already doing this to people all over the world, if we call it future savings, right?

DCA method is mainly for rich and poor and all types of people who will mainly participate in trading need this method. If you invest in this method, the investment is successful, because I help myself. I have been using this method for a long time of 1 year and 3 months. I have moved towards a successful journey. So this method is a good method for all investors, because those who learn to invest using this method, will not hire Arabic using any other method. You too invest using this method and you will see that the future journey will be successful and you will be able to complete the investment yourself. Usually in Bitcoin investing using the DCA method plays a major role in controlling the average price.

[JayJuanGee]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

    Actually, this DAC has been an effective method for most of the communities in the field we live in, and it has been proven by most of them. All that is needed is that we have a plan for why we will do it. And that plan will motivate us to persevere in saving for the future.

     Even rich people are doing this because they see that DCA is really proven and tested. If Bitcoin or cryptocurrency has not yet been created, we are already doing this to people all over the world, if we call it future savings, right?

DCA method is mainly for rich and poor and all types of people who will mainly participate in trading need this method. If you invest in this method, the investment is successful, because I help myself. I have been using this method for a long time of 1 year and 3 months. I have moved towards a successful journey. So this method is a good method for all investors, because those who learn to invest using this method, will not hire Arabic using any other method. You too invest using this method and you will see that the future journey will be successful and you will be able to complete the investment yourself. Usually in Bitcoin investing using the DCA method plays a major role in controlling the average price.
[/quote

I hate to be repeating myself, but sometimes it seems to be necessary when members seem to be misstating some of the central things of what DCA accomplishes.. which is a kind of allowance for a guy to accumulate BTC based on his own budget.

So BTC is helping the guy to be as whimpy or as aggressive as he would like to be in terms of managing his budget and figuring out how much he can put into BTC on a weekly basis or whatever period that he is employing his BTC (DCA) purchases.

I doubt that DCA is controlling the average price, even though when you continue to buy BTC, you are going to end up having an average BTC price that may be higher or lower than other methods that you could have accomplished the same thing, so you are not necessarily advantaged so much in terms of whatever you average cost per BTC ends up being, but you are way the fuck more advantaged because you are likely to have had been able to stack way more BTC than you would have been able to stack with those other methods because frequently guys can have either psychological obstacles and/or even financial obstacles if they are trying to engage in either lump sum investing or buying on the dips, even assuming that they would be able to either have such lump sum available or would be able to set aside dollars (or other fiat) to be able to buy on the dips, even if that might be advantageous as a separate rather than a supplemental strategy to DCA.

In other words, there are a whole hell of a lot of folks who may have had some real difficulties to be able to accomplish some kind of reasonable, substantial and/or meaningful amount of BTC if they had followed some other method.. which is part of the power of DCA, especially for folks who end up benefiting by the structured persistence of such, even if they might also have the talents, time and/or resources to carry out the other two strategies... and they are likely even more empowered, if they are able to figure out ways to carry out all three... with more of an emphasis on DCA when they are in their earliest of times because it is such a practical approach that applies to a large variety of situations. even those who might start out with a considerably-sized lump sum amount.

[Mayor of ogba]

When it comes to Bitcoin investment we have to base on many factors otherwise it will never be possible to make money from Bitcoin investment. Especially when a trader buys bitcoins for investment with his own money he must follow some tips. For example, one should buy when the market is deep and mark the time when one buys so that even if the market goes down, one can buy again later. Moreover, a user must plan long-term investments so that after purchasing from the market, he can hold it for a long time if it goes down. A user must be patient enough and disciplined when buying bitcoins for long term holding. One should never lose patience to hold bitcoins but one should hold with patience but success is possible. DCA must be practiced when buying bitcoins but the losses will be minimal, and when he invests using this method it must be for the long term. When you invest you have to take risks without risk you can never be successful. And if you invest, you must always start with a small amount of money and if you gradually increase the amount of money, at some point the fraction of bitcoins will be very high. As we can see the price of Bitcoin is constantly increasing and when you keep investing as per amount you will get profit as per the fraction of Bitcoin at a time with higher price of Bitcoin. So always buy when the market dips and never lose patience by buying it but holding for long time is best.

Yet many are glad they got into crypto because investing in Bitcoin was a turning point for them financially, one of the best decisions they ever made. Bitcoin investing must have a strategy, if you don't have a strategy and randomly start investing in the Bitcoin market, you will face losses in the future. If you are waiting for the market to go down a lot, invest when the market is going down, you can't really tell when the opportunity will come. If you plan to invest DCA in Bitcoin long term you need to have an additional source of income. If you don't have an additional source of income then at some point you can leave the investment. DCA investing is where you spread your purchases over time rather than making one big investment. It will help you in timing the market and the risk of the market getting high. If you consistently buy bitcoins at different prices you can recoup your investment costs. Buy more when the market goes down and invest less when the market goes up and continue for the long term with patience. Hold your Bitcoin tight and profit from it in the future.

I agree with you about having an additional income or having a major source of income if you want to apply the DCA method

Since bitcoin is a long-term investment, it is not only the DCA strategy that requires a good income source. Even though you want to accumulate bitcoin by buying the bitcoin dip or by buying with a lump sum, you need a good income source that will allow you to hold your bitcoin for the long term. Without a good income source, you might not be able to solve your financial problems, and you will end up selling your bitcoin investment to survive.

[FinePoine0]

Yeah but when did you start?  You have ONLY been registered on the forum for less than a year.

I invested $100 before registering on this forum. $100 is a big amount for me, $100 is more than ৳10000 in local currency of our country. I have learned a lot since I registered in this forum. I didn't know what the DCA method was before. I came to know about DCA method from this forum and started investing in DCA method. The amount of bitcoins I have accumulated now, I would not have been able to invest together. But after investing in DCA method I became successful. My plan is to continue investing in the DCA approach for the long term.

If you want to hold your investment for a long time then you must continue to invest on a regular weekly or monthly basis. By implementing this regular DCA method you are sure to be successful in your investment. But greed must be avoided, as far as possible if you keep calm and wait for a few years then your investment will be big and you will be able to continue investing.

[Obim34]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

     Actually, this DAC has been an effective method for most of the communities in the field we live in, and it has been proven by most of them. All that is needed is that we have a plan for why we will do it. And that plan will motivate us to persevere in saving for the future.

     Even rich people are doing this because they see that DCA is really proven and tested. If Bitcoin or cryptocurrency has not yet been created, we are already doing this to people all over the world, if we call it future savings, right?

DCA method is mainly for rich and poor and all types of people who will mainly participate in trading need this method. If you invest in this method, the investment is successful, because I help myself. I have been using this method for a long time of 1 year and 3 months. I have moved towards a successful journey. So this method is a good method for all investors, because those who learn to invest using this method, will not hire Arabic using any other method. You too invest using this method and you will see that the future journey will be successful and you will be able to complete the investment yourself. Usually in Bitcoin investing using the DCA method plays a major role in controlling the average price.

@JayJuanGee already made reference to this on this thread, the DCA approach is not selective in terms of financial capabilities, it is just like a guide/method to help keep up one's accumulating process, it doesn't segregate If a person is wealthy, rich average or poor everyone is majorly entitled to make good use of this strategy.

Yeah but when did you start?  You have ONLY been registered on the forum for less than a year.

I invested $100 before registering on this forum. $100 is a big amount for me, $100 is more than ৳10000 in local currency of our country. I have learned a lot since I registered in this forum. I didn't know what the DCA method was before. I came to know about DCA method from this forum and started investing in DCA method. The amount of bitcoins I have accumulated now, I would not have been able to invest together. But after investing in DCA method I became successful. My plan is to continue investing in the DCA approach for the long term.

If you want to hold your investment for a long time then you must continue to invest on a regular weekly or monthly basis. By implementing this regular DCA method you are sure to be successful in your investment. But greed must be avoided, as far as possible if you keep calm and wait for a few years then your investment will be big and you will be able to continue investing.

The system works in this way, during the process of getting to our DCA budget we are meant to keep it consistent and a little bit aggressive (not greedy) as in terms of catching some DIP that we may not often see again, but still have the awareness that it should by no means disrupt our style of living.

One thing about Bitcoin investment is to purchase and another is to have the mind to hold, even when it doesn't seems nourishing we still continue holding.

[Wind_FURY]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

Plus it's also very important for the newbies to know that it's better to concentrate all of their capital on one asset that's NEVER going to go away, and that's Bitcoin. Those "traders" who buy and sell different altcoins/shitcoins will definitely have a harder time finding which narrative is the current one to "trade" because the market this cycle is VERY dispersed. There's simply more and more cryptocurrencies and tokens listed in more and more exchanges, centralized and decentralized, under different sectors.

Because it is so dispersed, I believe it might make many of them surge in smaller and shorter durations.

Exactly.  There is a need to stay focused, because whether you are able to invest $10 per week or $100 per week, you are going to really end up diluting your investment if you are fucking around with various shitcoins that may or may not perform.. and the chances of them performing is surely not good.. especially if we consider both upside and downside.. and if we consider places to invest for the longer term such as 4-10 years or even longer.

Plus plebs like me who are just starting during this cycle should be with an attitude that any "life-changing" amounts of money can't be earned in merely one cycle. For the 90% of us participating in Bitcoin Land, it will probably take three bull cycles, or probably more. Plus to those people who are willing to risk it by participating in some shitcoinery, do it where the market is denominated in Bitcoin. Do it in Bitcon DeFi, it might be one of the biggest narratives during this cycle.

[Sim_card]

I agree with some opinions about DCA where there is nothing you need to think about other than your focus on buying Bitcoin on an ongoing basis where you buy BTC regularly every week. No need to do it aggressively but just adjust it to the same budget as you did for your first purchase. With DCA, you don't need to worry about the price going down because while you are still in the accumulation stage, the price drop is a big enough opportunity to continue buying Bitcoin.

You can focus on investment targets every year because I have implemented this where the first year goes quite smoothly and that way we can focus on the following year. Bitcoin can change your life if you are smart in investing in Bitcoin. The meaning of being smart is holding it for the long term without being burdened by thoughts that haunt you.

     Actually, this DAC has been an effective method for most of the communities in the field we live in, and it has been proven by most of them. All that is needed is that we have a plan for why we will do it. And that plan will motivate us to persevere in saving for the future.

     Even rich people are doing this because they see that DCA is really proven and tested. If Bitcoin or cryptocurrency has not yet been created, we are already doing this to people all over the world, if we call it future savings, right?

DCA method is mainly for rich and poor and all types of people who will mainly participate in trading need this method. If you invest in this method, the investment is successful, because I help myself. I have been using this method for a long time of 1 year and 3 months. I have moved towards a successful journey. So this method is a good method for all investors, because those who learn to invest using this method, will not hire Arabic using any other method. You too invest using this method and you will see that the future journey will be successful and you will be able to complete the investment yourself. Usually in Bitcoin investing using the DCA method plays a major role in controlling the average price.

I disagree with you on that bolded statement of yours. How would a trader use DCA method to buy and sell in no time, that sounds weird. DCA strategy is a method in which investors that are ready to hodli their bitcoin investment for a long time uses to make sure that they buy regularly in order to build up their bitcoin portfolio. The DCA strategy is best for no coiner or low coiner, because it will give them the advantage to grow and build their bitcoin investment to achieve their bitcoin target over time.

As stated by JJG, that it is better to stay focus and increase your bitcoin investment portfolio strictly with DCA method if you are a beginner or you have just started your bitcoin journey, as it is more effective and easy to practice, all you need to do is to be persistent and consistent with DCAing, as long as you ha e put everything in place that would not make you stop or sell some part of your bitcoin due to unforseen circumstances. However, if along the line of your DCA, and you have the opportunity to lump sum or buy at the dip because you are prepared for it, the better for you. Traders don't need DCA because they are gamblers and would don't care about long term investment.