DCA, the most convenient way to increase your bitcoin as an investor.

[Sim_card]

Newbies who have not yet invested in bitcoin or have bought their first bitcoin, or people that want to continue with the increase in their bitcoin portfolio should put in consideration of using Dollar-Cost-Average(DCA) to increase their bitcoin portfolio, as this is the most convenient way to accumulate bitcoin gradually without worries of the price movement of bitcoin. DCA is means that you are to maybe 10% of your income to buy bitcoin either weekly or monthly, it is just like you save some part of your income regularly in order for you to use in to achieve a goal in the nearest future.

For those who don't have regular income but do have contracts that their money comes once in a while, there is what is called upfront DCA. Where you can buy use a certain amount once. Maybe let's say that assuming, you are monthly income and you budget $100 for DCAing monthly, if you are the person that is on contract based, when you get paid, you can use $800 to buy bitcoin which will be for four months DCA before you buy again.

There are other methods, which one can buy bitcoin, which is buying at the dip and lump sum, but this method will only help old investors who have accumulated a significant amount of bitcoin. Why is the DIP not too encouraging for newbies is that, no one can predict the price movement of bitcoin when it will dip and if you are waiting for the dip to buy, you might not up using the money that you are keeping for an unforeseen challenges and it will not make you increase your bitcoin portfolio fast. Buying at the dip is good but anyone who is using DCA will have a better chance to increase his bitcoin investment because when bitcoin price dips, they will increase the funds that they are using to DCA and when the price of bitcoin gets, they can reduce the DCA amount. The high price that they bought at the dip will balance the low price that they buy when bitcoin price is very high.

There is also what is called hyper DCA, this method is a kind of pattern that one can buy bitcoin anytime and not with a certain amount of money, just like the way MicroStrategy buys his bitcoin. For you to know that he is DCAing is when you add all the bitcoin that he has bought together, and how many years he has used to buy them. This will give you the average price by month or annually.

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is. HODLing is the only way out. You need to have a means of income to enable you buy bitcoin, and if your income is very low, try to get a second means of income, if you really believe in bitcoin. No amount is too small to invest with, the earlier the better as time waits for no one.

[1714794902]

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[1714794902]

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[Poker Player]

Overall you give good advice, the only thing I would add is that DCA is also good for people who don't have a big income and therefore can only invest what they save from their paycheck. For most salaried people. I am not a newbie and I do it.

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is. HODLing is the only way out.

Well, it's not exactly like that. Yes, there is a small percentage of people who make money from trading, but it requires a lot of dedication, study and effort. It is much easier and safer to buy and hold Bitcoin in the long run.

You need to have a means of income to enable you buy bitcoin, and if your income is very low, try to get a second means of income, if you really believe in bitcoin. No amount is too small to invest with, the earlier the better as time waits for no one.

Good advice.

[hd49728]

Newbies who have not yet invested in bitcoin or have bought their first bitcoin, should put in consideration of using Dollar-Cost-Average(DCA) to increase their bitcoin portfolio, as this is the most convenient way to accumulate bitcoin gradually without worries of the price movement of bitcoin.

DCA is for everyone, not only for newbies.

It works for everyone who have solid belief in Bitcoin future, are disciplined enough to complete their plans and everyone, from whales to small investors, from experienced to newbie investors, can apply DCA for their investment.

The hardest thing to do DCA is patience and discipline because DCA means you have to do it very long time. It is challenging for both experienced and newbie people in this market. People are more keen on trading because they want to see quick results than wait too long time to see results with DCA.

[raybucks]

I want to list some more advantages of Dollar-Cost Averaging (DCA):

Emotional Stability: DCA reduces stress by removing the need to time the market or react emotionally to price fluctuations.

Discipline: It enforces a consistent investment plan, preventing impulsive decisions.

Risk Mitigation: Spreading investments over time reduces the risk of poor timing.

Cost Averaging: You buy more when prices are low and less when prices are high, resulting in a lower average purchase price.

Automatic: DCA can be automated, making it convenient and hassle-free.

Long-Term Focus: Encourages a long-term investment perspective.

Diversification: Can be used alongside other strategies for a diversified portfolio.

Risk Management: Allows control over the amount invested, managing risk.

Steady Accumulation: Provides a consistent way to accumulate assets over time.

Flexibility: Adaptable to various financial situations and goals.

Avoids FOMO and Panic: Reduces fear of missing out and panic selling.

Consistent Behavior: Instills consistent investment behavior, reducing emotional reactions to market volatility.

[Charles-Tim]

Overall you give good advice, the only thing I would add is that DCA is also good for people who don't have a big income and therefore can only invest what they save from their paycheck. For most salaried people. I am not a newbie and I do it.

Some investors may speculate and some can think that the price of bitcoin may still decrease, they can because of that not invest at once but start to DCA in a way that if their analysis or speculation is favoured, they will be able to buy more at a lower prices. Some investors will even buy more when the price of bitcoin becomes lower and some investors will invest all at once after many weeks of DCA when the price get to a lower targeted price.

[Winterfrost]

Why is the DIP not too encouraging for newbies is that, no one can predict the price movement of bitcoin when it will dip and if you are waiting for the dip to buy, you might not up using the money that you are keeping for an unforeseen challenges and it will not make you increase your bitcoin portfolio fast.

To add to this. DCA is good for both new and old investors but it is much easier for old investors because before now they have already accumulated some good of bitcoin so what they only do now is to play safe and accumulate more Bitcoins gradually and consistently without of losing their investment because Dcaing is safe. In terms of newbies their case seems different yes they will definitely accumulate good amount of Bitcoin with DCA strategy but it will take them a longer period of time. And most newbies might not have patience they just want to see their investment grow so badly and this might make them to go all in. One thing is to know how to DCA consistently and the other thing is to know that when it comes to DCA, patience is needed.

When newbies overlook the Dip and without a structured DCA plan and blindly accumulate Bitcoin then its is no more called DCA it is called Gambling!

[Doan9269]

Newbies who have not yet invested in bitcoin or have bought their first bitcoin, or people that want to continue with the increase in their bitcoin portfolio should put in consideration of using Dollar-Cost-Average(DCA) to increase their bitcoin portfolio

I don't think newbies alone should be the ones to enjoy from this great opportunity for using DCA, any other person can as well take advantage in using such because it reduce lost and provide more ability to a profitable investment when adopted, there's nothing hard in using this procedure, all the steps are easy to follow and learn, all in other to have a better experience with bitcoin investment, for more and further understanding, we can read about DCA from here:

DCA Bitcoin
https://dcabtc.com/

[snowpega]

well, i would like to say that DCA going to be a good technique for BTCBTC accumulation. But most of the time people take it in the wrong way like they just think to buy dip which is also good but it always not about DCA Instead of that DCA is the technique to keep buying by investing some of your amount after some interval of time where at the end of the day it will show you some good results in your portfolio.

i had conversation on this topic many time with some of my seniors member of this community like i hope anyone won't mind if i share the thread here where alot of member sharing and experince and knowledge there they have about HODL! and Accumulation while doing DCA in BitcoinBTC

Must read the thread i would recommend read last pages of the thread like they having conversion about DCA technique ......>>>Buy the DIP, and HODL!

[Faisal2202]

For those who don't have regular income but do have contracts that their money comes once in a while, there is what is called upfront DCA. Where you can buy use a certain amount once. Maybe let's say that assuming, you are monthly income and you budget $100 for DCAing monthly, if you are the person that is on contract based, when you get paid, you can use $800 to buy bitcoin which will be for four months DCA before you buy again.

I think you made some mistakes in explaining this, I am not an expert and to be honest, I was not aware of the types of DCA, but this paragraph just does not make sense, maybe you made a mistake in writing the example. So, I tried to search it and found out that, upfront DCA is like doing a lump sum investment in BTC. Am I getting it right!

There is also what is called hyper DCA, this method is a kind of pattern that one can buy bitcoin anytime and not with a certain amount of money,

Yeah got it, I truely did not aware of the DCA types, but this posts is really helpful.

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is. HODLing is the only way out.

Yeah, there is no doubt about that, DCA is not for traders instead it is for holders. Because holders are likely to get more benefits out of the DCA strategy because I have seen people doing DCA for more than 2 years and that does not come under the trading category. Many newbies might consider holding and trading the same thing but they should not, because both are two different investment plans.

[_BlackStar]

Buying DCA is recommended if you really decide to invest in the long term. At least it is a good accumulation strategy and of course people have taken advantage of this strategy to get lower average prices.

I think a lot of big investors are actually considering DCA - MicroStrategy is one I'm familiar with, but there are a lot of other big investors utilizing similar strategies. Buying on a dip with a lump sump is also not a problem because in my opinion you can still go back at another dip and buy in the same way - meaning you do DCA too without saving some of your budget on the first purchase.

[BlackHatCoiner]

DCA is good in the sense that you alleviate any potential drawbacks in price, but what you should absolutely pay attention to is transaction fees. If you're going to buy $50 of bitcoin every week, then at least $1 is mining commission, and dependent on the exchange you use, you might get charged extra. For example, Binance charges 20,000 sat for withdrawing any amount to your non-custodial wallet.

Yes, there is a small percentage of people who make money from trading, but it requires a lot of dedication, study and effort. It is much easier and safer to buy and hold Bitcoin in the long run.

And inside information. What are you going to study anyway if not that?

[ZAINmalik75]

To add to this. DCA is good for both new and old investors but it is much easier for old investors because before now they have already accumulated some good of bitcoin so what they only do now is to play safe and accumulate more Bitcoins gradually

DCA is profitable for everyone, whether its users are newbies or old adopters of BTC. Because DCA reduces the risk levels for everyone, But you do have a point that those who have started to do DCA from the very start, like maybe from 2014 or onwards, are the ones who don't have to worry anymore.

In terms of newbies their case seems different yes they will definitely accumulate good amount of Bitcoin with DCA strategy but it will take them a longer period of time.

You are right, but as you know, it all depends on the money. For example,  if one person started to do DCA two years ago and did it every week, they would buy $100 worth of BTC every week, while another person started last year and did it every week with a buying capacity of $500 per week. Then I think that person will have more BTC now compared to the one who started to do DCA two years ago. That's why I said it all depends on the amount of money a person is investing.

And most newbies might not have patience they just want to see their investment grow so badly and this might make them to go all in. One thing is to know how to DCA consistently and the other thing is to know that when it comes to DCA, patience is needed.

That goes for everyone, because even the experts and old adopters of BTC who have been doing DCA for a very long time might fall victim to their own emotions and become impatient and sell all of their BTC, or they might buy BTC by doing Lump Sum.

[serjent05]

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is.

I believe this is an exaggeration.  There are people who increase their Bitcoin portfolio in trading, Not because someone is not able to do a successful trade, everyone is a failure.  That is a wrong assumption, IMO.

HODLing is the only way out. You need to have a means of income to enable you buy bitcoin, and if your income is very low, try to get a second means of income, if you really believe in bitcoin. No amount is too small to invest with, the earlier the better as time waits for no one.

If you are talking about the increase in Bitcoin portfolio, hodling alone cannot increase your portfolio, you need to continuously buy Bitcoin and hodl to increase your portfolio.

If you are talking about realizing profit, hodling is not the answer but selling at a higher price. Since to realize our gain, we need to stop hodling and sell our stash at a higher price.

[Truthlovecoins]

From my observation so far, I think DCA strategy is same as savings and anyone person who can be disciplined to maintain a proper savings, would not find DCAing crypto or BTC in this case a problem.
BTC DCA strategy sure increases Bitcoin profit as an investor but the percentage increase would not be as huge as when altcoins is invested in and market volatilities or crash doesn't affect it. I have yet to see anyone who DCA with altcoins, but I know that the more convenient way to have a good investment portfolio is to DCA for a while without dipping hand in it or diverting the funds .

[Dzwaafu11]

Newbies who have not yet invested in bitcoin or have bought their first bitcoin, or people that want to continue with the increase in their bitcoin portfolio should put in consideration of using Dollar-Cost-Average(DCA) to increase their bitcoin portfolio, as this is the most convenient way to accumulate bitcoin gradually without worries of the price movement of bitcoin. DCA is means that you are to maybe 10% of your income to buy bitcoin either weekly or monthly, it is just like you save some part of your income regularly in order for you to use in to achieve a goal in the nearest future.

Everybody can use dollar cost averaging (DCA) to invest in bitcoin, not only newbies but even professionals, because with this method, you will be able to be investing gradually before you know it. You will accumulate more bitcoin than you think, and if you use this method, you won’t worry about the price movement like when you use the other method of investment.

However, I think all investors will like to use DCA for their investment as it will be suitable for them, and one reason why I like this method is that you will just set aside some amount of money that you will be using to invest in bitcoin, whether monthly or weekly, so you can see that this method is very important and applicable to all bitcoin investors, not only newcomers investors.

[Abu-Naim]

There are other methods, which one can buy bitcoin, which is buying at the dip and lump sum, but this method will only help old investors who have accumulated a significant amount of bitcoin. Why is the DIP not too encouraging for newbies is that, no one can predict the price movement of bitcoin when it will dip and if you are waiting for the dip to buy, you might not up using the money that you are keeping for an unforeseen challenges and it will not make you increase your bitcoin portfolio fast. Buying at the dip is good but anyone who is using DCA will have a better chance to increase his bitcoin investment because when bitcoin price dips, they will increase the funds that they are using to DCA and when the price of bitcoin gets, they can reduce the DCA amount. The high price that they bought at the dip will balance the low price that they buy when bitcoin price is very high.

Buying bitcoin at the dip, which is during the bear market, is good for people with financial stability and capital to invest anytime they want, not for people who rely on some certain weekly or monthly income to invest some amount in bitcoin.

Those people like us that depend on their monthly salary to buy bitcoin should use the perfect method (DCA), as it is well recommended and will give us the chance to accumulate as much bitcoin as we want. Outside of our pension, this bitcoin investment will also serve as our lifelong savings if we patiently hold the bitcoin for a long time. It can be what will save us after retirement.

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is. HODLing is the only way out. You need to have a means of income to enable you buy bitcoin, and if your income is very low, try to get a second means of income, if you really believe in bitcoin. No amount is too small to invest with, the earlier the better as time waits for no one.

Trading is for professionals with skills and knowledge, and it involves high risk compared to just holding.

[Asuspawer09]

~

Agree that Dollar cost average is probably the best strategy especially for newbies and beginners since they are starting to accumulate Bitcoin and lowering the risk of their investment just because they dont really invest a huge amount of funds as their investment since they are only investing a very small amount of percentage from there salary or source of income. So it is a calculated risk and you only investing what you can afford to lose, so even though you invested and the market price of Bitcoin dumps it doesnt matter, and you could easily HOLD at that time since it is just a small investment and you could easily gamble it, on long term you could slowly accumulate Bitcoin and after a few years for sure it's going to be a huge amount of investment, which probably going to be a good time since your probably planning to sell at the top or Bull run, so you could easily accumulate and at the same time waiting for the Bullrun easily. It was just like saving or something like paying your insurance monthly so it wouldn't really be a problem for most investors.

[Zoomic]

The dollar cost averaging method of investment has been proven over the time to be a very effective method of investment which does not weigh the investor down. Many people have been using this method to invest and not only in the cryptocurrency industry but it is effective in many angles of live.

It is also worthy to note that this method is not exclusive for newbies alone, everyone can use this method to invest. Even the person I consider as the father of investment also teaches this method and that is Warran Buffet. With DCA there are no much pressure and you can just investment at your pace without fear. The result is always felt on the long run.

[tvplus006]

Newbies who have not yet invested in bitcoin or have bought their first bitcoin, or people that want to continue with the increase in their bitcoin portfolio should put in consideration of using Dollar-Cost-Average(DCA) to increase their bitcoin portfolio, as this is the most convenient way to accumulate bitcoin gradually without worries of the price movement of bitcoin. DCA is means that you are to maybe 10% of your income to buy bitcoin either weekly or monthly, it is just like you save some part of your income regularly in order for you to use in to achieve a goal in the nearest future...

In any case, in order for the DCA strategy to bring you profit in the future, you must determine for yourself the price level at which you will start buying Bitcoin. If you start buying BTC at the maximum price, and each time you buy more coins when their price decreases, then your investment will not soon become profitable.

[Best-mary]

Overall you give good advice, the only thing I would add is that DCA is also good for people who don't have a big income and therefore can only invest what they save from their paycheck. For most salaried people. I am not a newbie and I do it.

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is. HODLing is the only way out.

Well, it's not exactly like that. Yes, there is a small percentage of people who make money from trading, but it requires a lot of dedication, study and effort. It is much easier and safer to buy and hold Bitcoin in the long run.

You need to have a means of income to enable you buy bitcoin, and if your income is very low, try to get a second means of income, if you really believe in bitcoin. No amount is too small to invest with, the earlier the better as time waits for no one.

Good advice.

Haha. Yes! That was good advice. Remembered reading a post on Twitter saying if anyone has below 10k USD should forget about buying BTC. Well, been using Dual Investment to get it right because I promised myself not to let anyone make me miss this

[Sim_card]

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is.

I believe this is an exaggeration.  There are people who increase their Bitcoin portfolio in trading, Not because someone is not able to do a successful trade, everyone is a failure.  That is a wrong assumption, IMO.

I am not saying that it is impossible for one to increase his bitcoin through trading, It wouldn't be up to 20% of traders that can increase their bitcoin through trading. Majority like 80% of investors can increase their bitcoin portfolio through hodli and regular DCA. Hodli needs only patience with your investment and it gives higher possibility of making profit compare to trading.

HODLing is the only way out. You need to have a means of income to enable you buy bitcoin, and if your income is very low, try to get a second means of income, if you really believe in bitcoin. No amount is too small to invest with, the earlier the better as time waits for no one.

If you are talking about the increase in Bitcoin portfolio, hodling alone cannot increase your portfolio, you need to continuously buy Bitcoin and hodl to increase your portfolio.

If you are talking about realizing profit, hodling is not the answer but selling at a higher price. Since to realize our gain, we need to stop hodling and sell our stash at a higher price.

You are right but the fact remains that if Mr A and Mr B buys bitcoin with the same amount and at the same time, if Mr A sells his bitcoin at the end of the first circle and Mr B sells his after two circles. Mr B will make more profit compare to A. This is because the price of bitcoin increase over time with the number of bitcoin circles. Take for instance those investors that bought early when bitcoin price was $100 and if they have not sold till date, they will have made huge profit compare to the person that bought at $100 and sold it during the bull run of when he bought. This is what I mean and with DCA, hodling becomes a better way to safeguard your future.

[Z390]

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is.

I believe this is an exaggeration.  There are people who increase their Bitcoin portfolio in trading, Not because someone is not able to do a successful trade, everyone is a failure.  That is a wrong assumption, IMO.

I am not saying that it is impossible for one to increase his bitcoin through trading, It wouldn't be up to 20% of traders that can increase their bitcoin through trading. Majority like 80% of investors can increase their bitcoin portfolio through hodli and regular DCA. Hodli needs only patience with your investment and it gives higher possibility of making profit compare to trading.

HODLing is the only way out. You need to have a means of income to enable you buy bitcoin, and if your income is very low, try to get a second means of income, if you really believe in bitcoin. No amount is too small to invest with, the earlier the better as time waits for no one.

If you are talking about the increase in Bitcoin portfolio, hodling alone cannot increase your portfolio, you need to continuously buy Bitcoin and hodl to increase your portfolio.

If you are talking about realizing profit, hodling is not the answer but selling at a higher price. Since to realize our gain, we need to stop hodling and sell our stash at a higher price.

You are right but the fact remains that if Mr A and Mr B buys bitcoin with the same amount and at the same time, if Mr A sells his bitcoin at the end of the first circle and Mr B sells his after two circles. Mr B will make more profit compare to A. This is because the price of bitcoin increase over time with the number of bitcoin circles. Take for instance those investors that bought early when bitcoin price was $100 and if they have not sold till date, they will have made huge profit compare to the person that bought at $100 and sold it during the bull run of when he bought. This is what I mean and with DCA, hodling becomes a better way to safeguard your future.

You are right about Mr A and Mr B, but everyone have different reasons why they decide to sell, you don't know what costs MrA to DCA that far and on getting to a point where he has to pull out his profit he just have to do it, for reasons we all can't know or understand, the best part is they both make profits and that's what we want isn't it?

As easy as DCA seems for us on here, not everyone are capable to DCA with convenience, some are trying to hard to get it done, even if it's just a $10 per DCA, situations are never going to be on the same level, it's easier for some and it's harder for some, in my country jobs are not paying enough monthly,  to enjoy DCA in Bitcoin you either have other rare skills or you leave the country, there is no way you won't find DCA very difficult if you are living in my country and surviving with monthly salary as a government worker.

Big income is very helpful, and Investment will be easier.

[letteredhub]

Newbies who have not yet invested in bitcoin or have bought their first bitcoin, or people that want to continue with the increase in their bitcoin portfolio should put in consideration of using Dollar-Cost-Average(DCA) to increase their bitcoin portfolio, as this is the most convenient way to accumulate bitcoin gradually without worries of the price movement of bitcoin. DCA is means that you are to maybe 10% of your income to buy bitcoin either weekly or monthly, it is just like you save some part of your income regularly in order for you to use in to achieve a goal in the nearest future.
.

I have read good notes about investing in bitcoin through DCA strategy and all the threads usually coin their thoughts about DCA in a manner that makes it sound like the strategy is mainly just for  the benefits of  low income earners. And I want to deviate from that narrative that the use of DCA to accumulate bitcoin is of more advantage to investors with big amount of money than low income earners as we might think. that instead of buying at once because you have the money in big amount you can portion the amount and buy at intervals price level. Let's say an investor has $9,000 he's ready to afford in buying bitcoin  he can split it in three places $3k each and DCA at different price levels, for anyone that has the money that much  it's more profitable doing it that way rather than buying all $9k at once. The profit will  be higher compared to when you buy all at once with $9k when bitcoin bull run takes in shape.

[Antotena]

DCA is good way of buying bitcoin notwithstanding whether you are new or old, whether you have money in large amount or I'm low amount. The advantage of it is that, it will reduce losses that may arise when the market fall when you have bought your bitcoin, it saves you from buying bitcoin all and then later observe that the market hs gone down below where you bought when you can actually buy more cheaper at lower price.

[inthelongrun]

DCA is good way of buying bitcoin notwithstanding whether you are new or old, whether you have money in large amount or I'm low amount. The advantage of it is that, it will reduce losses that may arise when the market fall when you have bought your bitcoin, it saves you from buying bitcoin all and then later observe that the market hs gone down below where you bought when you can actually buy more cheaper at lower price.

Right. DCA's benefit is just too good, especially in investing volatile assets like bitcoin and altcoins. Despite this, it took me years before I finally did the DCA which started late last year. I am a regular gambler so maybe that kind of attitude made me think of just risking trying to catch the dip in the past. So I am glad to finally make a DCA and will continue doing it maybe until early next year.

For the newbies who are still trying to get a clue on how the market works, DCA is the best strategy. The same to people who are busy and those who do not like to spend a lot of time analyzing the market with its short-term effects.

[Queentoshi]

As easy as DCA seems for us on here, not everyone are capable to DCA with convenience, some are trying to hard to get it done, even if it's just a $10 per DCA, situations are never going to be on the same level, it's easier for some and it's harder for some, in my country jobs are not paying enough monthly,  to enjoy DCA in Bitcoin you either have other rare skills or you leave the country, there is no way you won't find DCA very difficult if you are living in my country and surviving with monthly salary as a government worker.

To DCA is as hard for some as it is to even make the first investment in bitcoins. Some people who have little bitcoins and have the need to increase what they have by DCA are struggling with meeting up because of how tougher some of their economy has become and is going. DCA is more convenient in a good economy than in a tight one where the amount of money that is being earned by a worker being not enough to solve the increasing expenses. To DCA in bad economic conditions will require a lot of discipline and comitment.

[Renampun]

...

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is.

Trading is not easy, but that doesn't mean it is a very detrimental activity, As long as you have good skills in trading, you can make profits quickly compared to holding.

HODLing is the only way out. You need to have a means of income to enable you buy bitcoin, and if your income is very low, try to get a second means of income, if you really believe in bitcoin. No amount is too small to invest with, the earlier the better as time waits for no one.

DCA is a good for those of you who have a long-term bitcoin investment target but not everyone is suitable for implementing it, I still advise everyone to find what they like, whether it is trading or investing using the DCA method.

[Dr.Bitcoin_Strange]

Yeah, I think that some people have the challenge of properly investing in Bitcoin. There are people who are receiving a salary that is not really a huge amount, and as such, they don't usually make a good budget for investing in Bitcoin, probably because they don't also know more about the DCA strategy. Why I said some people are improperly investing in Bitcoin is because they just take an amount out of their salary and put it into Bitcoin, and later, before that month runs out, they are already in need of some money to aid their needs, and if they can't get any from anywhere, they still sell off their Bitcoin with the hope of buying it back after they receive another salary. There is something about discipline in carrying out investment, and if one invests more than their budget, it will always leave them stranded. So I would add that for someone who is investing in Bitcoin with the DCA or whatever strategy they are using, let them always make an early budget of the money they can save for emergencies and also for their needs, and let them know the actual amount they can allocate to Bitcoin investment that will not affect them.