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

[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.

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[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.
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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.