DCA?

[DoublerHunter]

What motivates YOU to continue DCAing on a regular basis?

Do you ever consider putting a stop to DCA?

^ When the market has a continuous drop, DCAing is the best to apply when buying coins in the market. I think there is no point if when you will stop as long as you believe that the amount you have purchased is the amount that you can afford and are willing to wait when there is a profit, there is no need to stop. The possible profit may probably motivate you to continue investing in BTC in a DCA way of buying it.
Probably I will stop if my goal has been reached.

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[blockman]

It's 2022, who the fuck still DCA's in crypto. How the fuck are you still this poor lmfao. You should've made enough at this point for not touching your bank account.

I'm joking guys.

You always got me there when I didn't quote what you've said. Well, yeah, there's still a lot of us that do DCA and it's still one of the best strategies to make during this time.
We'll never know when the market will be up again so while the uncertainty is high, DCAing will have a lot of us save from that worry and as you think that you're going to save a lot for the next bull run, you're doing the right thing. And that's enough motivation already together with your experiences.

[bhooscream]

What motivates YOU to continue DCAing on a regular basis?

Because we are still not sure enough whether the price will keep dropping to a certain rate or not. DCA in Bitcoin will be worthy because ow the rate has dropped enough and the probability to drop again is still high. We are not really sure how the price will be at the bottom rate. But at least, if we are doing DCA, we can utilize every drop to collect more Bitcoin.
As long as I still have money for DCA with my continuous money management, I will still do it.

[sheenshane]

Buying or purchasing Bitcoin little by a little while has a correction is a wise decision and that's what we called, DCA (Dollar Cost Averaging).
And yes, that's a good action while Bitcoin continues dropping.  But of course, you need to watch the market closely because anytime there could be a huge fluctuation of the price and since it's unpredictable, there's no accurate prediction of where the price direction.

Do you ever consider putting a stop to DCA?

In long term, you didn't need this because all you've to do is to wait when your profit will come.

[cheezcarls]

What motivates YOU to continue DCAing on a regular basis?

Do you ever consider putting a stop to DCA?

If I don’t have extra funds anymore per month, of course I’ll stop DCA but doesn’t mean that I am gonna fully quit. I would always find ways to increase my average income per month in order for me to maintain my commitment in doing DCA with Bitcoin every month.

My motivation is that I learned from my past mistakes in not accumulating Bitcoin early despite that it’s risky and has no promises or guarantees on the price movement. However, it has the capability to rise even stronger after the bear run no matter how long it will take for me to experience another bull run again.

[justdimin]

Without investing you, all your saving value are continously going to zero. There is no reason for saving. Fortune saved today will be an equivalet of a car/bike for your grandson. You have to invest. But not only in bitcoin. DCA on Stocks/bonds/reits/commodities/bitcoin and real estate is a way. 

One advantage to dollar-cost averaging which I love so much is that, by investing mechanically, you will be able to completely take out the emotional component of your decision-making. You will continue on a preset course of buying a certain and specific dollar amount of your preferred investment irrespective of how the price swings wildly. This way, you will certainly not bail out of your investment when the price goes down in a sudden wild swing, but you’d rather see it as an opportunity to acquire more shares at a lower cost.

Moreover the honest truth is, if you are an investor looking for a profit oriented strategy that cuts your investment risk, you might want to consider this strategy. Of course, while this strategy completely helps you better in managing your risk, you are also less likely to experience outsized returns which is one of the most credible reasons why I still stick with this strategy.

The process of dollar-cost averaging actually refers to the practice of investing a consistent dollar amount in the same investment over a period of time.

[kawetsriyanto]

What motivates YOU to continue DCAing on a regular basis?

Doing this with sometimes different amounts, with no regular basis.
Actually, during this bearish market, we still don't know if the rate is the dip or not yet, or still continuing to the next bottom. That is why DCA is still valuable to be done. Although this may also involve risks because we can be too early to do DCA, at least we are doing this for long-term investment. So, we are expected to make higher profits withholding the coins (as long as that is a worthy coin, not shit coins).

If I don’t have extra funds anymore per month, of course I’ll stop DCA but doesn’t mean that I am gonna fully quit. I would always find ways to increase my average income per month in order for me to maintain my commitment in doing DCA with Bitcoin every month.

truly, this is also what I do, it's wise enough because we are not too pushed to do it, still within our availability to do DCA and still make effort for this. As long as we still have free money to invest, why not? right..

[adaseb]

DCA is good however keep in mind it won’t always work in your favor. Say you started to DCA since Nov 2021 you would be at a loss with every purchase.

Generally you should DCA in a down trending market like now. Don’t be like Saylor or El Salvadaor President who bought on the way up and they are facing huge losses at the moment.