Bitcoin Forum
June 30, 2026, 05:00:10 PM *
News: Latest Bitcoin Core release: 31.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 [836]
  Print  
Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 141482 times)
Hewlet
Sr. Member
****
Offline

Activity: 1064
Merit: 401



View Profile
Today at 02:38:57 PM
 #16701

DCA is a way in which we purchase whatever the price is. If you use DCA to make regular purchases within your budget, you can adjust the amount of aggression accordingly. However, unless you save money, you cannot be certain that you will have enough money to buy when the price reduces. Whether or not to save money, and how much to save, can be a good or terrible option depending on where the individual is in their Bitcoin accumulation path.
With a very small amount, you can still buy your bitcoin at a go rather than saving first and then waiting for the DIp before buying your bitcoin. DCA involves steady buying and not saving first and later using the amount you've saved for investing. If you want to save, it should be that you're saving for your emergency fund which is a shield to your investment and that after you've saved up for your emergency fund, you can then concentrate on your investment journey.

The goal of an investor is that at every point in time in his accumulation journey, his decision influences his bitcoin portfolio better than it is in the past. Waiting or saving breeds delay for an investor and if care and proper planning is not taking, an investors poor investment plan can result to his failure in remaining consistent with buying more bitcoin.


johnsaributua
Sr. Member
****
Offline

Activity: 1274
Merit: 277


View Profile
Today at 04:30:45 PM
 #16702

...
With a very small amount, you can still buy your bitcoin at a go rather than saving first and then waiting for the DIp before buying your bitcoin. DCA involves steady buying and not saving first and later using the amount you've saved for investing. If you want to save, it should be that you're saving for your emergency fund which is a shield to your investment and that after you've saved up for your emergency fund, you can then concentrate on your investment journey.
There is no such thing as impossible, even though the city only has a small amount at first, but the mistake is not doing it with the excuse of saving first before they do it and that is when prices are falling, this is what is currently still happening a lot that they tend to wait for prices to fall when they already have money as their grip after doing it. own meaning.
Pages: « 1 ... 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 [836]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!