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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 146115 times)
alankasman
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Today at 09:15:03 AM
 #17101

Snip.
There is no need to advise experienced investors on investment strategies, because they are already familiar with investment strategies and may be skilled in using them. However, I do not think that many investors invest outside of DCA. Because DCA can play an ideal role for any financial condition and any situation. Buying only at the time of purchase cannot be DCA in any way, DCA is not based on price but is done based on a period of time.

Buying as much as you can afford at a certain time or based on your ability whenever you have money is called DCA. It is not that in DCA you have to buy the same amount at the same time, rather you can invest conveniently considering your ability and overall situation, but it must be consistent.
I wonder what their purpose is in providing advice to investors who are by their very nature more experienced investors. I believe this is a mistake that needs to be clarified. Their purpose is to provide advice to experienced investors. Those who don't understand much should approach them so they can provide advice to those who don't fully understand or understand how to find the path to success they've achieved. They're very experienced in Bitcoin investing especially since these experienced investors consistently use the DCA strategy when accumulating Bitcoin. I believe everyone continues to use the DCA strategy when accumulating Bitcoin. This strategy is very helpful and facilitates the goals of those who want to start investing in Bitcoin.

That's true, because our ability to DCA depends on our financial resources. Without a solid foundation it's quite difficult for anyone to DCA Bitcoin purchases. This is why many people actively accumulate using DCA. They have the ability to start. There are no limits to those who want to accumulate Bitcoin in any amount. Clearly with financial capability I believe any method can be done because the strength is clearly determined by the financial ability of someone who wants to start accumulating Bitcoin.

samadam007
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Today at 09:24:35 AM
 #17102

Everyone has the right to look at the market anyway they want. But, because I know how tempting the market can be, we will most likely need to exercise some self-control while doing so. Only people with a high level of discipline and determination can deal with the problems and temptations that come with looking at the market. However, there are other ways to acquire knowledge about what is happening in the market without looking at it, such as: When you authorise notification from the exchange where you purchased your bitcoin, you will be notified whenever the price rises or falls, provided that is what you want to know.

 I believe the pressure will be much lower using this approach than being active in the market every time to look at the market chart. I can't even imagine myself doing that because I know I can't, which is why I prefer allowing notifications from the exchange I used to make my Bitcoin purchase; at least I can get the information I want without watching the market display...up, and down up.

Many Bitcoin holders check price often and still stick to their plan. Disciplined long term accumulation is not about avoiding chart; It's about having a plan, buying consitently and sticking to it whether the price goes up or down

About the notification part, that’s own personal method. Don’t present it as if that’s the best way for everyone. Funny fact is many people including you will still open the app immediately(or later) the notification comes in and check the chart. So how does it reduce pressure? Calling yourself an investor and only following app notification, it means you’re not learning at all. An investor suppose to learn and understand BTC while he is accumulating
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