Buy the DIP, and HODL!

[Wakate]

There is no specific time to invest. You can invest whenever you want using DCA method.

The right time to invest is when you have seen that you have your discretionary income ready, Bitcoin investment is a long time investment so its not what you should invest with money you can't afford to loss so a specific time to invest is when you have a leftover income which is your discretionary.

Secondly waiting for the price of Bitcoin to dip before accumulating is a trader strategy and target when there is an increase to sell Bitcoin is a volatile asset it might still dip while waiting to increase to sell so it's always best to accumulate Bitcoin and hodl for long always keep accumulating and hodl, the DCA is guild to regularly accumulate Bitcoin weekly or monthly regardless of it's price and hodl for 4-10 years.

In no case should you wait for the price to fall or rise, this is already an attempt to become a trader. But in reality, no one knows whether the price of Bitcoin will rise or fall tomorrow.
We should not wait and guess, you just need to invest constantly and maintain investments. I mean, we cannot invest today according to the DCA, and in a week, due to everyday needs, transfer money to fiat, because we wanted to buy something.
This is not investing, but deceiving ourselves. And I am sure many do this due to weakness of character. This cannot be allowed.
Strength of character and the ability to not change of our views will be rewarded.

Those you might be seeing selling their Bitcoin just because they ran into problem are doing such because they don't understand the value of have an emergency fund at hand.  There are many traders and investors that had made this mistake in the past and it wouldn't make sense for us to make the same mistakes again. Crypto investment should not be seen as a means of making quick profits from the market.

The DCA strategy is meant to guide every investor to be very conscious when making an investment so they don't suddenly cripple their own investment as a result of not have a reserve or emergency fund that could prevent us from selling our crypto portfolios just to settle the problem in hand. The crypto market is broad and it should be understood that investing in Bitcoin can be highly profitable when we tend to hold for as long as possible; this can be done for as long as possible so the investment can grow well and gather substantial profits for us.

[Moreno233]

In no case should you wait for the price to fall or rise, this is already an attempt to become a trader. But in reality, no one knows whether the price of Bitcoin will rise or fall tomorrow.
We should not wait and guess, you just need to invest constantly and maintain investments. I mean, we cannot invest today according to the DCA, and in a week, due to everyday needs, transfer money to fiat, because we wanted to buy something.
This is not investing, but deceiving ourselves. And I am sure many do this due to weakness of character. This cannot be allowed.
Strength of character and the ability to not change of our views will be rewarded.

Those you might be seeing selling their Bitcoin just because they ran into problem are doing such because they don't understand the value of have an emergency fund at hand.  There are many traders and investors that had made this mistake in the past and it wouldn't make sense for us to make the same mistakes again. Crypto investment should not be seen as a means of making quick profits from the market.

You made a very good point in your submission but using crypto instead of Bitcoin make you derail a little and it would be better to retain the world Bitcoin so that people reading the discussion do not think that the numerous shitcoins that are regarded as crypto are worth buying and holding. Buying shitcoin and holding is dangerous because most of them of not all, get worse and even die with time and there is record that over 95% of die after a very short time.  Therefore, to avoid confusion, it is better to maintain the word Bitcoin I our discussion.

[Regardme]

Young people may be wanting to get job training and/or to attend university, so there could be some difficulties earning income during those times, and expenses might be high relative to income... and even if a person does not have questions about job skills, there can frequently be questions regarding what kind of work to do that will both al.low for personal satisfaction and decently sufficient pay... or some jobs also might be considered as temporary jobs...

Well people in this category can be treated differently knowing there own circumstances and how they can be affected by their difficulties of not having job or trying to get into higher institutions or there about, and wanting to also investing into Bitcoin. But as for those in labour market who have more opportunities, there cases are different or should be treated differently.

A lot of young people are going through a lot, maybe they are in school or trying to learn something, but they don’t have stable source of income. Things are expensive these days, and it’s difficult to survive without money. it is difficult for them to even consider investing in something like Bitcoin because they are struggling to survive. we cannot expect everyone to have the same opportunities or be in the same position.

Furthermore, some people are ready to invest, but their financial situations stop them from doing so. Some continue to rely on their parents, and some people are looking for a job that will even give them a little income. Before encouraging someone to invest in Bitcoin, we need to know their financial situation, because what work for you may not work for another. We must understand that everyone starts from a different place.

And there are different ways that things can be managed instead of not investing at all, and even with how hard the economy is, there are people that will still invest because there are people that don't have a source of income, and they still invest once in a while because they are looking for ways to make money, and even if you go to cities, there are people that are students, and they are investing out of the little allowance they are getting from their parents to invest.

And when you want to invest, the first thing is for anyone to make the decision, and from that step of being sure, whether or not there is a financial problem, nothing is paused, and then you invest when you have the money to invest again so these are all part of the reason why people need to know how they want to invest.

But for those who have jobs or have a stable source of income, their own is different. They can set aside money, even if it is small, to start investing since they have control over their money, they can plan well. in my opinion, people needs to be treated due to their situations, and nobody should hold themselves responsible for not starting when they are not financially stable.

And even for those who have a source of income, it is not that easy for them to invest even with it. If not for DCA, people with income find it difficult, the only way out is the DCA, and even with that, they have no control over their money. And no matter the situation, a serious person will always find a way to invest. and it's only when it's late and they start complaining, and it was their fault.

Making a point on the challenges of investing. Dollar cost averaging is a lifesaver for many which tends to remove the pressure of timing the market but then, investing in bitcoin shouldn’t be hard for someone who knows about bitcoin in as much as he or she is earning and has a source of income. The ones who wait and complain are probably people who don’t understand bitcoin or people who aren’t working and don’t have any means of earning.

[AYOBA]

That's right. Bitcoin investment sure has a way of taking a part of your life, especially when you decide to get serious with it at a young age and at the same time trying to figure things out. It's just like you've got alot going on in your life and you're trying your best to balance every aspect of your life and still have all the time to focus on your Bitcoin accumulation. It can be intense for real, and it can also be kinda grounding.

Do you imply that a Bitcoin investment can genuinely taking part of young age life who are interested in investing in Bitcoin?  I don't believe that Bitcoin investments cannot tamper with someone's life. Because Bitcoin investments are free to everyone both young and old age, as long as they have the knowledge and capital to purchase Bitcoins, I don't see any way  Bitcoin to take part in some people's lives, which is why Bitcoin has become the best coin in the world, even in terms of investments.

Yeah, the DCA strategy and Investing in Bitcoin can indeed be quite a great way to cultivate some great level of patience and discipline. By sticking to a consistent investment schedule, you'll definitely cultivate that long term mindset and perspective and gradually shift your attention away from thinking about the short term volatility of the market, thereby avoid making impulsive decisions. And yeah, saying No to the short term pleasures can be really tough, and it can even be tougher to navigate relationship with people who literally do not share the same vision with you or don't understand your priorities.

Honestly the best method of for anyone who is interested in investing in Bitcoins is to use the DCA strategy. Because it makes them more comfortable than using any other strategy, even those with other means of income always deal with the DCA's methods because they know it's the simplest approach to invest in Bitcoins, but not everyone comprehends that.

[Lidger]

The most important thing in investing is to start investing consistently, regularly and in a planned manner. You should not start Bitcoin until you know everything, it can be an unnecessary obstacle. It is better to start investing with some basic knowledge. Perfect market conditions are applicable for trading, it is not reasonable or necessary to wait until perfect market conditions for investing. Investing requires not only money or strategy, but also mental preparation. Because investing requires mental capacity to withstand market fluctuations. It is necessary to maintain consistency in investing, but you should also pay attention to the amount of investment and its consistency. It is not right to put yourself at financial risk. Investing in the DCA method helps you reduce average costs and reduces the impact of market fluctuations.

Those who can maintain this continuity of investment for a certain period of time will definitely get a good return on their investment, but this is perhaps the most difficult task of investment. There are many reasons why investors do not invest consistently, such as money is the most valuable asset in people's lives and without money, about 90 to 95 percent of the work is incomplete and many times after investing, it is seen that these investors face financial crisis, but they try to overcome that crisis with their extra money and at that time, but the continuous investment is disrupted to some extent.

In the case of continuous investment, there is an alternative way to ensure that there is no disruption in the investment, those who are very serious about investment usually use this alternative way to continue the investment continuously.

I am trying to talk about emergency funds, maybe everyone has a rough idea about emergency funds and those who are very serious about investment can form an emergency fund and then invest continuously, I hope this will not cause any disruption in your continuous investment.

[Regardme]

There is no specific time to invest. You can invest whenever you want using DCA method.

The right time to invest is when you have seen that you have your discretionary income ready, Bitcoin investment is a long time investment so its not what you should invest with money you can't afford to loss so a specific time to invest is when you have a leftover income which is your discretionary.

Secondly waiting for the price of Bitcoin to dip before accumulating is a trader strategy and target when there is an increase to sell Bitcoin is a volatile asset it might still dip while waiting to increase to sell so it's always best to accumulate Bitcoin and hodl for long always keep accumulating and hodl, the DCA is guild to regularly accumulate Bitcoin weekly or monthly regardless of it's price and hodl for 4-10 years.

In no case should you wait for the price to fall or rise, this is already an attempt to become a trader. But in reality, no one knows whether the price of Bitcoin will rise or fall tomorrow.
We should not wait and guess, you just need to invest constantly and maintain investments. I mean, we cannot invest today according to the DCA, and in a week, due to everyday needs, transfer money to fiat, because we wanted to buy something.
This is not investing, but deceiving ourselves. And I am sure many do this due to weakness of character. This cannot be allowed.
Strength of character and the ability to not change of our views will be rewarded.

Those you might be seeing selling their Bitcoin just because they ran into problem are doing such because they don't understand the value of have an emergency fund at hand.  There are many traders and investors that had made this mistake in the past and it wouldn't make sense for us to make the same mistakes again. Crypto investment should not be seen as a means of making quick profits from the market.

The DCA strategy is meant to guide every investor to be very conscious when making an investment so they don't suddenly cripple their own investment as a result of not have a reserve or emergency fund that could prevent us from selling our crypto portfolios just to settle the problem in hand. The crypto market is broad and it should be understood that investing in Bitcoin can be highly profitable when we tend to hold for as long as possible; this can be done for as long as possible so the investment can grow well and gather substantial profits for us.

You have to be specific with what you’re trying to say, the main purpose is for Bitcoin investment and not trading which they only tend to buy and sell.

On the other note, I agree that those who sell off bitcoin at the sign of trouble using comes from the issue of not having a reserve funds or an emergency funds and that alone shows that he or she lacks certain understanding about long term investment.  

Again, when you say crypto investment, you might be talking about shitcoins and that is a misleading word, so you need to be specific if you’re talking about Bitcoin. So if you say Bitcoin, then we know you’re talking about best investment that isn’t a get rich quick scheme, rather a long term investment for wealth preservation and growth.

[Tungbulu]

✂️✂️✂️✂️

Do you imply that a Bitcoin investment can genuinely taking part of young age life who are interested in investing in Bitcoin?  I don't believe that Bitcoin investments cannot tamper with someone's life. Because Bitcoin investments are free to everyone both young and old age, as long as they have the knowledge and capital to purchase Bitcoins, I don't see any way  Bitcoin to take part in some people's lives, which is why Bitcoin has become the best coin in the world, even in terms of investments.

I think you're misunderstanding my point mate. I'm not saying young people can't invest in Bitcoin. What I'm saying is that, Bitcoin investment is journey that requires dedication and the investor's willingness to be able to make compromises, even if it requires letting go n or cutting off things that may literally hinder your plans towards achieving your long term goals. And this can be a tougher decision to take for a young investors who are hoping to build a relationship or find a compatible partner who would fully be in support of their vision and goals. I didn't say people at their young age who are actually interested in building their Bitcoin portfolio can't genuinely do so.

About Bitcoin investment tampering with someone's life, if you're an investor or a Bitcoin enthusiast and you're not willing to compromise or cut off things that are not in alignment with your long term goals, then it'll definitely take you longer than it's meant to before you can achieve your long term goals, or you might even end up failing or giving up along the way, and that's how Bitcoin investment can potentially tamper with your personal life, and this also helps you stay focused and disciplined, which are very essential qualities that every investor needs to achieve their long term financial goals.

[Rockstarguy]

Those you might be seeing selling their Bitcoin just because they ran into problem are doing such because they don't understand the value of have an emergency fund at hand.  There are many traders and investors that had made this mistake in the past and it wouldn't make sense for us to make the same mistakes again. Crypto investment should not be seen as a means of making quick profits from the market.

The DCA strategy is meant to guide every investor to be very conscious when making an investment so they don't suddenly cripple their own investment as a result of not have a reserve or emergency fund that could prevent us from selling our crypto portfolios just to settle the problem in hand. The crypto market is broad and it should be understood that investing in Bitcoin can be highly profitable when we tend to hold for as long as possible; this can be done for as long as possible so the investment can grow well and gather substantial profits for us.

It is very important to always take note when you are talking about Bitcoin to always refer to Bitcoin as Bitcoin and altcoins as cryptocurrencies. Referring to Bitcoin as a cryptocurrency makes it seem as if Bitcoin is just the same as altcoins. Bitcoin remains Bitcoin and can't be classified as a cryptocurrency like other coins.
                                                                                                                                                                                                                                                                                                  

Most people who sell their bitcoin, perhaps because of some challenge, do not really understand what they are involved in; that is why they always prefer to sell off to solve their problems. Those who truly understand bitcoin investment stick to their investment without terminating it, no matter the challenges that may arise, because they know what they are engaged in. When there is no understanding in bitcoin investment, there will always be an excuse for someone to sell bitcoin to solve a problem.

[sotelorene]

Young people may be wanting to get job training and/or to attend university, so there could be some difficulties earning income during those times, and expenses might be high relative to income... and even if a person does not have questions about job skills, there can frequently be questions regarding what kind of work to do that will both al.low for personal satisfaction and decently sufficient pay... or some jobs also might be considered as temporary jobs...

Well people in this category can be treated differently knowing there own circumstances and how they can be affected by their difficulties of not having job or trying to get into higher institutions or there about, and wanting to also investing into Bitcoin. But as for those in labour market who have more opportunities, there cases are different or should be treated differently.

A lot of young people are going through a lot, maybe they are in school or trying to learn something, but they don’t have stable source of income. Things are expensive these days, and it’s difficult to survive without money. it is difficult for them to even consider investing in something like Bitcoin because they are struggling to survive. we cannot expect everyone to have the same opportunities or be in the same position.

Furthermore, some people are ready to invest, but their financial situations stop them from doing so. Some continue to rely on their parents, and some people are looking for a job that will even give them a little income. Before encouraging someone to invest in Bitcoin, we need to know their financial situation, because what work for you may not work for another. We must understand that everyone starts from a different place.

And there are different ways that things can be managed instead of not investing at all, and even with how hard the economy is, there are people that will still invest because there are people that don't have a source of income, and they still invest once in a while because they are looking for ways to make money, and even if you go to cities, there are people that are students, and they are investing out of the little allowance they are getting from their parents to invest.

And when you want to invest, the first thing is for anyone to make the decision, and from that step of being sure, whether or not there is a financial problem, nothing is paused, and then you invest when you have the money to invest again so these are all part of the reason why people need to know how they want to invest.

But for those who have jobs or have a stable source of income, their own is different. They can set aside money, even if it is small, to start investing since they have control over their money, they can plan well. in my opinion, people needs to be treated due to their situations, and nobody should hold themselves responsible for not starting when they are not financially stable.

And even for those who have a source of income, it is not that easy for them to invest even with it. If not for DCA, people with income find it difficult, the only way out is the DCA, and even with that, they have no control over their money. And no matter the situation, a serious person will always find a way to invest. and it's only when it's late and they start complaining, and it was their fault.

Making a point on the challenges of investing. Dollar cost averaging is a lifesaver for many which tends to remove the pressure of timing the market but then, investing in bitcoin shouldn’t be hard for someone who knows about bitcoin in as much as he or she is earning and has a source of income. The ones who wait and complain are probably people who don’t understand bitcoin or people who aren’t working and don’t have any means of earning.

DCA method is a nice approach but the ability for it to show how important and relevant it is, an investor have to use it very well because DCA alone can not do anything it is just a method. Do you know some people still use the DCA method and still not succeed or do well In Bitcoin? Yes because they are not following it well and secondly people who complain about Bitcoin are not just people who don't understand Bitcoin of course they understood Bitcoin but they choose to go about it the wrong way and most of these people are either short term investors or traders because a real investor will never complain about market condition.

[JayJuanGee]

There is no specific time to invest. You can invest whenever you want using DCA method.

The right time to invest is when you have seen that you have your discretionary income ready, Bitcoin investment is a long time investment so its not what you should invest with money you can't afford to loss so a specific time to invest is when you have a leftover income which is your discretionary.

Secondly waiting for the price of Bitcoin to dip before accumulating is a trader strategy and target when there is an increase to sell Bitcoin is a volatile asset it might still dip while waiting to increase to sell so it's always best to accumulate Bitcoin and hodl for long always keep accumulating and hodl, the DCA is guild to regularly accumulate Bitcoin weekly or monthly regardless of it's price and hodl for 4-10 years.

In no case should you wait for the price to fall or rise, this is already an attempt to become a trader. But in reality, no one knows whether the price of Bitcoin will rise or fall tomorrow.
We should not wait and guess, you just need to invest constantly and maintain investments. I mean, we cannot invest today according to the DCA, and in a week, due to everyday needs, transfer money to fiat, because we wanted to buy something.
This is not investing, but deceiving ourselves. And I am sure many do this due to weakness of character. This cannot be allowed.
Strength of character and the ability to not change of our views will be rewarded.

Those you might be seeing selling their Bitcoin just because they ran into problem are doing such because they don't understand the value of have an emergency fund at hand.  There are many traders and investors that had made this mistake in the past and it wouldn't make sense for us to make the same mistakes again. Crypto investment should not be seen as a means of making quick profits from the market.

The DCA strategy is meant to guide every investor to be very conscious when making an investment so they don't suddenly cripple their own investment as a result of not have a reserve or emergency fund that could prevent us from selling our crypto portfolios just to settle the problem in hand. The crypto market is broad and it should be understood that investing in Bitcoin can be highly profitable when we tend to hold for as long as possible; this can be done for as long as possible so the investment can grow well and gather substantial profits for us.

Hopefully none of us are screwing around with shitcoins, and if we are talking about bitcoin, then we should use the word bitcoin and not some ambiguous, misleading and distracting word like crypto if we are talking about bitcoin.

If we are talking about bitcoin and other shitcoins, we should specify what we are talking about.. unless we are using the term crypto because we want to appear smart.. .. but using crypto does not really help us to looks smart because we are using a term that is ambiguous and misleading and might even suggest that bitcoin and shitcoins are the same thing and/or similar when they aren't.

Those you might be seeing selling their Bitcoin just because they ran into problem are doing such because they don't understand the value of have an emergency fund at hand.  There are many traders and investors that had made this mistake in the past and it wouldn't make sense for us to make the same mistakes again. Crypto investment should not be seen as a means of making quick profits from the market.

The DCA strategy is meant to guide every investor to be very conscious when making an investment so they don't suddenly cripple their own investment as a result of not have a reserve or emergency fund that could prevent us from selling our crypto portfolios just to settle the problem in hand. The crypto market is broad and it should be understood that investing in Bitcoin can be highly profitable when we tend to hold for as long as possible; this can be done for as long as possible so the investment can grow well and gather substantial profits for us.

It is very important to always take note when you are talking about Bitcoin to always refer to Bitcoin as Bitcoin and altcoins as cryptocurrencies. Referring to Bitcoin as a cryptocurrency makes it seem as if Bitcoin is just the same as altcoins. Bitcoin remains Bitcoin and can't be classified as a cryptocurrency like other coins.
                                      
Most people who sell their bitcoin, perhaps because of some challenge, do not really understand what they are involved in; that is why they always prefer to sell off to solve their problems. Those who truly understand bitcoin investment stick to their investment without terminating it, no matter the challenges that may arise, because they know what they are engaged in. When there is no understanding in bitcoin investment, there will always be an excuse for someone to sell bitcoin to solve a problem.

Selling to solve problems is a good way to describe a situation where a person is not able to focus on the long term, and surely poor people who stack bitcoin on a regular basis are likely to find themselves holding amounts of wealth that were not previously in their imagination, and so they cannot help themselves but to start to shave off of their bitcoin stash, and they do it over and over and over, even while they should be building their stash.. but it can be difficult to make progress when there is both building and cashing out going on at the same time, and the cashing out ends up either not being replaced or having to be replaced at way higher prices.  There might have had been 100s of thousands of satoshis, or even millions of satoshis built up over weeks in the past, but now those same quantity of satoshis might take several months to build back up if they are spent... so progress gets eaten into when a person is ongoingly cashing out some of his coins to solve various problems from time to time as such problems are always coming up, especially for poor people and once a person gets into a habit of tapping into his bitcoin, he doesn't necessarily appreciate that he is either eroding away at his bitcoin or he is failing to build his bitcoin or even worse failing to build his bitcoin even close to as fast as he otherwise would have been able to build it if he had stayed focused on ongoingly buying bitcoin and not selling any of it.

[Pi-network314159]

DCA method is a nice approach but the ability for it to show how important and relevant it is, an investor have to use it very well because DCA alone can not do anything it is just a method.

Actually even though DCA is just a method, but we can not presume that it can not do anything. As far as Bitcoin investment is concerned every strategy is good and  best suitable for you depending on how your source income and or your discretion can be able to withstand it. Any method is fine provided that it fits into your financial capacity. lets say a person may only chose to invest in Bitcoin using only the DCA method because he recieves payment every week or month and is able to source out his responsibility and also emergency and reserved, then he can also invest on weekly base on his programming. But if he the type that receive payment from contract like once in 3 months or 6 months then the person may only adopt the lump sum method. in this case such person can only figure out the suitable strategy that fits into his income source, from that he may do well in a long run if he can be consistent and focus. Nevertheless combining the 3 strategy is also good but will only be possible depending on source of income or your level of discretion. The matter is that we will find a more convenient way to invest and not getting tired quickly including adopting only one strategy depending on our situation.

[BTC_pokaop]

Those you might be seeing selling their Bitcoin just because they ran into problem are doing such because they don't understand the value of have an emergency fund at hand.  There are many traders and investors that had made this mistake in the past and it wouldn't make sense for us to make the same mistakes again. Crypto investment should not be seen as a means of making quick profits from the market.

The DCA strategy is meant to guide every investor to be very conscious when making an investment so they don't suddenly cripple their own investment as a result of not have a reserve or emergency fund that could prevent us from selling our crypto portfolios just to settle the problem in hand. The crypto market is broad and it should be understood that investing in Bitcoin can be highly profitable when we tend to hold for as long as possible; this can be done for as long as possible so the investment can grow well and gather substantial profits for us.

Hopefully none of us are screwing around with shitcoins, and if we are talking about bitcoin, then we should use the word bitcoin and not some ambiguous, misleading and distracting word like crypto if we are talking about bitcoin.

If we are talking about bitcoin and other shitcoins, we should specify what we are talking about.. unless we are using the term crypto because we want to appear smart.. .. but using crypto does not really help us to looks smart because we are using a term that is ambiguous and misleading and might even suggest that bitcoin and shitcoins are the same thing and/or similar when they aren't.

Yes, we should make it clear. The word crypto refers to all currencies, and everyone discusses Bitcoin on this topic. So everyone should always mention Bitcoin, otherwise it may cause confusion. And the DCA strategy is mentioned, how to invest in DCA strategy in crypto? Is crypto the name of a currency? Of course all other coins are called crypto. However, investing in the DCA method in other shitcoins/memecoins will not work, always should continue investing in the DCA strategy in Bitcoin.

[G_Besar]

Making a point on the challenges of investing. Dollar cost averaging is a lifesaver for many which tends to remove the pressure of timing the market but then, investing in bitcoin shouldn’t be hard for someone who knows about bitcoin in as much as he or she is earning and has a source of income. The ones who wait and complain are probably people who don’t understand bitcoin or people who aren’t working and don’t have any means of earning.

People who still complain about doing something worthwhile like investing in Bitcoin are those who don't have a steady income, so they're more likely to act like that when it comes to buying something, even a well-known and relatively good asset like Bitcoin. So, guide such people with brighter ideas so they can realize that buying Bitcoin doesn't require waiting, which ultimately just wastes their time. But if they refuse to listen to your or anyone else's ideas, then just ignore them. Your time is too valuable to waste on people who refuse to accept input from others.

[Kelward]

DCA method is a nice approach but the ability for it to show how important and relevant it is, an investor have to use it very well because DCA alone can not do anything it is just a method.

Actually even though DCA is just a method, but we can not presume that it can not do anything. As far as Bitcoin investment is concerned every strategy is good and  best suitable for you depending on how your source income and or your discretion can be able to withstand it. Any method is fine provided that it fits into your financial capacity. lets say a person may only chose to invest in Bitcoin using only the DCA method because he recieves payment every week or month and is able to source out his responsibility and also emergency and reserved, then he can also invest on weekly base on his programming. But if he the type that receive payment from contract like once in 3 months or 6 months then the person may only adopt the lump sum method. in this case such person can only figure out the suitable strategy that fits into his income source, from that he may do well in a long run if he can be consistent and focus. Nevertheless combining the 3 strategy is also good but will only be possible depending on source of income or your level of discretion. The matter is that we will find a more convenient way to invest and not getting tired quickly including adopting only one strategy depending on our situation.

Whatever strategy that works for you is fine so far it's making you to buy and hodl, also not affecting the quality of your life. Why DCA method is highly recommended is because it helps income earners to be focused on their accumulation plan by mapping out a specific percentage from their income to use in buying. For investors who are not on salary who don't receive fixed income, they can buy when they get profits or payments depending on the percentage that they are comfortable with to buy Bitcoin. The important thing is that you have in mind to hodl for the long term according to how you earn your money, your method or strategy is secondary.

[Joy- maker]

DCA method is a nice approach but the ability for it to show how important and relevant it is, an investor have to use it very well because DCA alone can not do anything it is just a method.

Actually even though DCA is just a method, but we can not presume that it can not do anything. As far as Bitcoin investment is concerned every strategy is good and  best suitable for you depending on how your source income and or your discretion can be able to withstand it. Any method is fine provided that it fits into your financial capacity. lets say a person may only chose to invest in Bitcoin using only the DCA method because he recieves payment every week or month and is able to source out his responsibility and also emergency and reserved, then he can also invest on weekly base on his programming. But if he the type that receive payment from contract like once in 3 months or 6 months then the person may only adopt the lump sum method. in this case such person can only figure out the suitable strategy that fits into his income source, from that he may do well in a long run if he can be consistent and focus. Nevertheless combining the 3 strategy is also good but will only be possible depending on source of income or your level of discretion. The matter is that we will find a more convenient way to invest and not getting tired quickly including adopting only one strategy depending on our situation.

Whatever strategy that works for you is fine so far it's making you to buy and hodl, also not affecting the quality of your life. Why DCA method is highly recommended is because it helps income earners to be focused on their accumulation plan by mapping out a specific percentage from their income to use in buying. For investors who are not on salary who don't receive fixed income, they can buy when they get profits or payments depending on the percentage that they are comfortable with to buy Bitcoin. The important thing is that you have in mind to hodl for the long term according to how you earn your money, your method or strategy is secondary

I agree with you, whatever strategy people feel is suitable for them  base on their source of income they can go with it wether DCA, buying the dip or lump-sum provided they're are investing in bitcoin for long term 4 to 10 years or more. But DCA method is more prefer because it will give you balance to invest consistently using your Discretionary income and i highly recommend DCA method for every newbie who are just getting started with bitcoin. But all the same investors who are investing in bitcoin can chose to use any of the strategy that they feel is ok by them since all investors sources of income are not the same but different.

[AVE5]

Making a point on the challenges of investing. Dollar cost averaging is a lifesaver for many which tends to remove the pressure of timing the market but then, investing in bitcoin shouldn’t be hard for someone who knows about bitcoin in as much as he or she is earning and has a source of income. The ones who wait and complain are probably people who don’t understand bitcoin or people who aren’t working and don’t have any means of earning.

People who still complain about doing something worthwhile like investing in Bitcoin are those who don't have a steady income, so they're more likely to act like that when it comes to buying something, even a well-known and relatively good asset like Bitcoin. So, guide such people with brighter ideas so they can realize that buying Bitcoin doesn't require waiting, which ultimately just wastes their time. But if they refuse to listen to your or anyone else's ideas, then just ignore them. Your time is too valuable to waste on people who refuse to accept input from others.

You can only guide those who're interested to buy but misunderstood the price levels that when it has gone too high, you may need to wait for the price falls before you can buy. They need to be cleared that hence they're willing to invest on bitcoin, the present price shouldn't be a setback for them because at any high or low entry level, the price will increase in due time. They just have to bargain on holding in the long term.
But I think people who're resistance to this ratio are those who doesn't have reliable source of income that can sustain them for the long term while bitcoin value is uncertainty to when the profits will come in the long time.
But in any case, most of them do still spend their funds on some valueless things but giving excuses of their insufficient incomes not being good enough for them to invest on bitcoin. These are also people who with irrelevant excuses. You just have to let such be and move on.

[Loyang]

Those you might be seeing selling their Bitcoin just because they ran into problem are doing such because they don't understand the value of have an emergency fund at hand.  There are many traders and investors that had made this mistake in the past and it wouldn't make sense for us to make the same mistakes again. Crypto investment should not be seen as a means of making quick profits from the market.

We never like to call Bitcoin as crypto, we always like to call Bitcoin as Bitcoin. Because crypto means all the currencies in the market. Crypto does not mean only Bitcoin. There are many types of fraudulent coins in the market. If we compare Bitcoin with all those coins, then it is not right at all.

Suppose you invest in a fraudulent coin in the market instead of investing in Bitcoin and after a few days if you lose all your money, then if you say that you have lost all your money by investing in crypto, then who understands all the coins, not just one coin. So we always like to call Bitcoin Bitcoin

[ruykeri]

DCA method is a nice approach but the ability for it to show how important and relevant it is, an investor have to use it very well because DCA alone can not do anything it is just a method.

Actually even though DCA is just a method, but we can not presume that it can not do anything. As far as Bitcoin investment is concerned every strategy is good and  best suitable for you depending on how your source income and or your discretion can be able to withstand it. Any method is fine provided that it fits into your financial capacity. lets say a person may only chose to invest in Bitcoin using only the DCA method because he recieves payment every week or month and is able to source out his responsibility and also emergency and reserved, then he can also invest on weekly base on his programming. But if he the type that receive payment from contract like once in 3 months or 6 months then the person may only adopt the lump sum method. in this case such person can only figure out the suitable strategy that fits into his income source, from that he may do well in a long run if he can be consistent and focus. Nevertheless combining the 3 strategy is also good but will only be possible depending on source of income or your level of discretion. The matter is that we will find a more convenient way to invest and not getting tired quickly including adopting only one strategy depending on our situation.

Whatever strategy that works for you is fine so far it's making you to buy and hodl, also not affecting the quality of your life. Why DCA method is highly recommended is because it helps income earners to be focused on their accumulation plan by mapping out a specific percentage from their income to use in buying. For investors who are not on salary who don't receive fixed income, they can buy when they get profits or payments depending on the percentage that they are comfortable with to buy Bitcoin. The important thing is that you have in mind to hodl for the long term according to how you earn your money, your method or strategy is secondary.

I agree with you. In the case of long-term investing, differences in investment can be observed depending on the type of income people have..  if that investment is ongoing for a long time, then there is no problem. But if someone invests but after a few days is in a situation where they sell Bitcoin, then at the end of the day they will lose. Now those whose income is irregular, for example, someone earns a large amount of money every 3 months. They should calculate the expenses of their family for three months and find out the amount of discretionary income. And from there, how much money they will invest in Bitcoin will depend on  his wishes and condition. Now let's say the income he make after three months is like $3000 to $3500. All their expenses cost $2000 to $2500 for every three months. Now their discretionary income is like $ 500 after every three months. From now on, if he wants, he can invest $250 to $300 in Bitcoin regularly every 3 months. The amount he invests depends on his situation and how aggressive he is about investing. Along with this, he has to create a reserve fund and an emergency fund so that if any unexpected event happens in the future and he gets into financial trouble, then he can solve his problem from these funds. And he can also continue investing  in Bitcoin.

[ultrloa]

Those you might be seeing selling their Bitcoin just because they ran into problem are doing such because they don't understand the value of have an emergency fund at hand.  There are many traders and investors that had made this mistake in the past and it wouldn't make sense for us to make the same mistakes again. Crypto investment should not be seen as a means of making quick profits from the market.

We never like to call Bitcoin as crypto, we always like to call Bitcoin as Bitcoin. Because crypto means all the currencies in the market. Crypto does not mean only Bitcoin. There are many types of fraudulent coins in the market. If we compare Bitcoin with all those coins, then it is not right at all.

Suppose you invest in a fraudulent coin in the market instead of investing in Bitcoin and after a few days if you lose all your money, then if you say that you have lost all your money by investing in crypto, then who understands all the coins, not just one coin. So we always like to call Bitcoin Bitcoin

There would be a huge confusion happen especially on the newbies side if you call Bitcoin as crypto.

That's why to avoid having negative thoughts and newbie can directly point out which is the best coin in the market its better for people to normalize to call Bitcoin on its own name.

To many scams using the fame of Bitcoin and maybe it can confuse people then think that they can also earn lots of money with this. This is dangerous situation for newbies since they might lost lots of money on scams. That's why people should be straight towards calling it so newbie could focus and choose to buy the real one then HODL it for long term.

[Cgrexp]

Those you might be seeing selling their Bitcoin just because they ran into problem are doing such because they don't understand the value of have an emergency fund at hand.  There are many traders and investors that had made this mistake in the past and it wouldn't make sense for us to make the same mistakes again. Crypto investment should not be seen as a means of making quick profits from the market.

We never like to call Bitcoin as crypto, we always like to call Bitcoin as Bitcoin. Because crypto means all the currencies in the market. Crypto does not mean only Bitcoin. There are many types of fraudulent coins in the market. If we compare Bitcoin with all those coins, then it is not right at all.

Suppose you invest in a fraudulent coin in the market instead of investing in Bitcoin and after a few days if you lose all your money, then if you say that you have lost all your money by investing in crypto, then who understands all the coins, not just one coin. So we always like to call Bitcoin Bitcoin

Yes, we always like to call Bitcoin Bitcoin. We don't like to call it crypto. But calling Bitcoin not crypto in its entirety is a bit of a misnomer because Bitcoin is technically a cryptocurrency. Bitcoin is a member of the crypto family and is a digital currency based on cryptography. To distinguish Bitcoin, we don't want to call Bitcoin crypto. The word crypto is originally used to refer to digital currency and has now become a symbol for fraudulent tokens, scams and fake coins. Bitcoin is the opposite of all these projects. Bitcoin is the longest-lasting currency, it is not controlled by any center and is universally verified and researched. It is because of this feature of Bitcoin that we don't want to introduce Bitcoin under the word crypto. Bitcoin is a part of cryptocurrency but its basic features, reliability and history set it apart from all other currencies.  I think that technically Bitcoin can be called a crypto, to make it clear that not all cryptos are the same. However, I think it is reasonable to linguistically separate Bitcoin because its importance, success, and impact are not the same as all other coins.