Buy Buy Buy or Sell Sell Sell?

[Princess Leah]

. So please always verify the legitimacy of the platforms and projects before investing your capital.I humbly suggest for we the Newbies

I would suggest that you put a disclaimer that it's not a financial advice, because the advice you are giving out is purely trash. Apart from Bitcoin, is their any reliable coin in this digital space? No.
So why will you be saying that newbies should verify the legitimacy of a project before investing their hard earned money, knowing fully well that alt and meme coin are full of shit, so if you are trying to make a research on them, it's like trying to make a research on the one's that are less shitty, since they are all full of shit. So it's a bad advice to tell someone to invest in them because at the end, the person is likely going to get burnt while investing in them since they falls more than they rise.

Well, most of the other crypto projects claim to follow the Bitcoin trend maybe cause they grow as Bitcoin grows and decline as it does too but none can be like Bitcoin nor compared to what it has achieved over the years, which is why it remains the best coin for investment purpose, maybe those who feel they've over accumulated can decide to risk diversifying to others but it's their choice and never advisable, however newbies should prioritise Bitcoin over any other coins.

 Newbies missed the earlier stages of Bitcoin so they should take it more seriously instead of picking or involving other alts in their early stages, coins with more risk factors over Bitcoin that's gained lots of recognition in the asset class. There's a reason why Bitcoin is second to none and the earlier newbies start recognising it the better for them.

[sotelorene]

With the rise of cryptocurrency, thief's  have become more common. From fake exchanges to pump-and-dump schemes, it’s easy for newbies to fall into a trap if they’re not careful. So please always verify the legitimacy of the platforms and projects before investing your capital.I humbly suggest for we the Newbies

Yes sure scams and theft have become more common. forming fake exchanges to pump and dump schemes, it’s very easy for beginners to fall into traps if they are not careful. That is why it is important to always verify the legitimacy of any platform or project before investing your hard earned capital, so please as a newbies take time to learn, do proper research, and avoid rushing into quick profit opportunities In crypto, be patience and knowledge are your strongest protections ok!

This is not only common to newbie but also to some old greedy folks. There are folks that are so greedy that they want to get rich overnight more than newbie so this is common to these people too and not only newbie and sometimes they will be aware of the risk but they will want to take it unlike some newbie that doesn't know about the risk and sometimes they think it is the right place not knowing they are making a very big mistake. Apart from Bitcoin no other coin interest me no matter the potential because some of these coin potential are always high and convincing initially.

[Abelly]

With the rise of cryptocurrency, thief's  have become more common. From fake exchanges to pump-and-dump schemes, it’s easy for newbies to fall into a trap if they’re not careful. So please always verify the legitimacy of the platforms and projects before investing your capital.I humbly suggest for we the Newbies

Yes sure scams and theft have become more common. forming fake exchanges to pump and dump schemes, it’s very easy for beginners to fall into traps if they are not careful. That is why it is important to always verify the legitimacy of any platform or project before investing your hard earned capital, so please as a newbies take time to learn, do proper research, and avoid rushing into quick profit opportunities In crypto, be patience and knowledge are your strongest protections ok!

Currently, fraud and theft are more common than ever, fake eXchanges and projects are Being created to run pump and dump schemes, and it is very easy for Beginners to Fall into these traps if they are not careful. This is Why it is Very important to thoroughly VeRify the Legitimacy of any platform or Project before investing your hard Earned capital. An Urgent rEquest to beginners, take your time, learn, Do Your own research, and do not be tempted by the temptation of quick Profits. PatieNce And knowledge are the Strongest ProteCtion in Crypto.

[Sim_card]

Yes sure scams and theft have become more common. forming fake exchanges to pump and dump schemes, it’s very easy for beginners to fall into traps if they are not careful. That is why it is important to always verify the legitimacy of any platform or project before investing your hard earned capital, so please as a newbies take time to learn, do proper research, and avoid rushing into quick profit opportunities In crypto, be patience and knowledge are your strongest protections ok!

What does a newbie in the cryptospace knows talk more of doing his research to know the right project to invest in. How will he know the right projects to invest in when there's none apart from bitcoin.

Brand new investors should forget about wasting their time and energy doing research when they already know about bitcoin. They only need to get the basic knowledge about bitcoin and start their bitcoin investment provided that their discretionary income is ready. Since thw history of cryptocurrency, only bitcoin has proven to be a store of value overtime and is worth throwing some value into, the rest are gambling tools and nothing more.

Bitcoin is decentralized which is the major reason why you should invest in it because it gives you access to be your own bank and control your wealth without a third party. Will you like to invest in a shitcoin that can turn to zero value in your portfolio overnight or get freezed in your wallet. Only use a reputable exchange.

[Joy- maker]

Yes sure scams and theft have become more common. forming fake exchanges to pump and dump schemes, it’s very easy for beginners to fall into traps if they are not careful. That is why it is important to always verify the legitimacy of any platform or project before investing your hard earned capital, so please as a newbies take time to learn, do proper research, and avoid rushing into quick profit opportunities In crypto, be patience and knowledge are your strongest protections ok!

What does a newbie in the cryptospace knows talk more of doing his research to know the right project to invest in. How will he know the right projects to invest in when there's none apart from bitcoin.

Brand new investors should forget about wasting their time and energy doing research when they already know about bitcoin. They only need to get the basic knowledge about bitcoin and start their bitcoin investment provided that their discretionary income is ready. Since thw history of cryptocurrency, only bitcoin has proven to be a store of value overtime and is worth throwing some value into, the rest are gambling tools and nothing more.

Bitcoin is decentralized which is the major reason why you should invest in it because it gives you access to be your own bank and control your wealth without a third party. Will you like to invest in a shitcoin that can turn to zero value in your portfolio overnight or get freezed in your wallet. Only use a reputable exchange.

I have to agree with you because you made a lot sense here. Those are who New to this space should just focus on the ongoing buying of Bitcoin, using the DCA method, and with their discretionary income and then hold for long term, and forget about other shitcoins or shit projects that has nothing to offer to her investors. Frankly speaking bitcoin is the only coin that has proven to be a store of value with potential returns, and a big edge against inflation. No coin has ever proven that to us, because they are all shit projects. Bitcoin is so unique do to it decentralized nature, bitcoin gave us freedom and control over our fund's instead of trusting third party with our fund's.
And those folks who yet to get started with bitcoin should better do, because they are really missing out.

[abaeze]

With the rise of cryptocurrency, thief's  have become more common. From fake exchanges to pump-and-dump schemes, it’s easy for newbies to fall into a trap if they’re not careful. So please always verify the legitimacy of the platforms and projects before investing your capital.I humbly suggest for we the Newbies

Yes sure scams and theft have become more common. forming fake exchanges to pump and dump schemes, it’s very easy for beginners to fall into traps if they are not careful. That is why it is important to always verify the legitimacy of any platform or project before investing your hard earned capital, so please as a newbies take time to learn, do proper research, and avoid rushing into quick profit opportunities In crypto, be patience and knowledge are your strongest protections ok!

Currently, fraud and theft are more common than ever, fake eXchanges and projects are Being created to run pump and dump schemes, and it is very easy for Beginners to Fall into these traps if they are not careful. This is Why it is Very important to thoroughly VeRify the Legitimacy of any platform or Project before investing your hard Earned capital. An Urgent rEquest to beginners, take your time, learn, Do Your own research, and do not be tempted by the temptation of quick Profits. PatieNce And knowledge are the Strongest ProteCtion in Crypto.

You are right that as crypto has grown, scammers have also increased. Especially fake exchanges, fake projects, pump-and-dump groups, phishing links, fake wallets, airdrop scams are now the biggest threat to newbies. Because since newbies are the most targeted by scammers, they need to give up the idea of making quick profits and learn various technical topics very well.

It is not just newbies who fall victim to scams, it also happens to oldies. Many oldies come who are overly greedy or take excessive risks thinking that if they miss this opportunity, they will not get rich, so they make mistakes in making the right decisions and get caught by scammers. So let's overcome all these weaknesses and protect ourselves from being cheated and prevent scammers from using our ignorance properly.

[Loyang]

With the rise of cryptocurrency, thief's  have become more common. From fake exchanges to pump-and-dump schemes, it’s easy for newbies to fall into a trap if they’re not careful. So please always verify the legitimacy of the platforms and projects before investing your capital.I humbly suggest for we the Newbies

Yes sure scams and theft have become more common. forming fake exchanges to pump and dump schemes, it’s very easy for beginners to fall into traps if they are not careful. That is why it is important to always verify the legitimacy of any platform or project before investing your hard earned capital, so please as a newbies take time to learn, do proper research, and avoid rushing into quick profit opportunities In crypto, be patience and knowledge are your strongest protections ok!

Currently, fraud and theft are more common than ever, fake eXchanges and projects are Being created to run pump and dump schemes, and it is very easy for Beginners to Fall into these traps if they are not careful. This is Why it is Very important to thoroughly VeRify the Legitimacy of any platform or Project before investing your hard Earned capital. An Urgent rEquest to beginners, take your time, learn, Do Your own research, and do not be tempted by the temptation of quick Profits. PatieNce And knowledge are the Strongest ProteCtion in Crypto.

You are right that as crypto has grown, scammers have also increased. Especially fake exchanges, fake projects, pump-and-dump groups, phishing links, fake wallets, airdrop scams are now the biggest threat to newbies. Because since newbies are the most targeted by scammers, they need to give up the idea of making quick profits and learn various technical topics very well.

It is not just newbies who fall victim to scams, it also happens to oldies. Many oldies come who are overly greedy or take excessive risks thinking that if they miss this opportunity, they will not get rich, so they make mistakes in making the right decisions and get caught by scammers. So let's overcome all these weaknesses and protect ourselves from being cheated and prevent scammers from using our ignorance properly.

First of all, this is the point that we are all discussing Bitcoin here. If a new person or an ignorant person reads your comments and after your comments, if he invests in shit coins or in those coins that are fraudulent in the market, then he may face losses. So we do not say crypto, crypto refers to all coins in the market. We can never compare Bitcoin with all these coins in the market. There are many places in this forum to submit your comments where you can discuss these shit coins.

What we need to do to avoid being a victim of fraud is that we need to be always aware. There are many people, if a known person or a stranger sends them any kind of link, they enter that link immediately, because of this many times they become victims of hacking. Every person needs to be aware of this and take precautions, if a person takes every step consciously, then he will be able to protect himself very easily from being a victim of hacking.

[Obulis]

A brand new investor does not need to wait for the dip before he starts his bitcoin accumulation journey because that's a wrong accumulation strategy for a no coiner and a low coiner. DCA will do him more good in growing his bitcoin portfolio overtime because he's still new and needs to be accumulating bitcoin regularly, weekly, consistently, persistently and if possible aggressively for 4-10 years and above.

When you wait for the dip as a no coiner, you might end up not buying at all because you have no knowledge about the market movement and when the expected dip will come. You will end up waiting in the train station clueless on what to do and time will fly ahead of you with nothing or very little bitcoin that you bought cheaper in your portfolio.

Even if bitcoin is a long-term investment, the main goal is to accumulate as many bitcoin as possible for your future and waiting for the dip will thwart that goal.

It's like learning how to swim vs doing it practically. No matter how much theory or videos you go through on how to swim, you will practically learn it when you jump into water. Likewise no matter how much we study about Bitcoin, DCA or long term investment, we will get the real  experience once we jump with some cash.

Those who have no coins have to start from somewhere and for them the starting point is the time they decided to invest in Bitcoin regardless of Bitcoin price. Once they start gathering Bitcoin and set a target then they can buy more when they feel price has gone down otherwise they can continue to move towards their target with normal pace. It's important to stay consistent and never sell your Bitcoin for few bucks profit.     

 

Well if you learn how to swim in a classroom and on mobile phone, the terms will be there but such person is almost the same as others who haven't been to any class on swimming. It is better to learn swimming in the river or pool. That learning about Bitcoin investment while doing it already will make a difference and that will tend to cause more remembrance than learning without practice..

[Nightwatchmare]

Having limited discretionary income does not disqualify anyone from investing in Bitcoin. In fact, that’s exactly why DCA exists and also DCA was designed to help people who don’t have large discretionary income invest gradually, consistently, and with reduced risk taking too, So people with higher discretionary income may choose different strategies like lump sum, hybrid, active trading but many still prefer DCA because it minimizes timing risk and emotional stress ok

Yes, DCA is designed to allow investors, including those in Bitcoin, to accumulate regularly and purposefully at each stage. Essentially, DCA is like a calendar, allowing us to better control our Bitcoin purchases, allowing for more stability and buying at various prices. If we're talking about someone who doesn't have a large discretionary fund, DCA can indeed be a solution. With DCA, everyone feels like they have the opportunity to invest in Bitcoin.

I think that's the key point I've realized now. Just think: when someone doesn't have a lot of discretionary funds but wants to invest in Bitcoin, if they don't understand the DCA strategy, they'll likely give up on their desire. Bitcoin is perceived as expensive. But if we look at Bitcoin from a DCA strategy perspective, Bitcoin is indeed expensive, but with consistent weekly accumulation, our Bitcoin holdings will undoubtedly increase. So, I think that's the key advantage of the DCA strategy. Essentially, DCA is a truly powerful investment strategy.

Insufficient discretionary funds is not a good excuse not to start Bitcoin investment, you have to cut your coat according to your size which means that you can start with very minimal amount. As your discretionary funds starts to increase you will be increasing the amount that you use to buy Bitcoin. This is why DCA method is essential especially for small income earners, it makes them to be focused on the long term accumulation. At every point of DCA accumulation it doesn't mean that the amount that you will use to buy must be constant, if your income increases you increase amount, if it reduces you reduce your amount. No need to put yourself under pressure to use amount that you are not comfortable with to buy Bitcoin

Bitcoin investment is not expensive if you buy according to your capacity, you don't have to buy 1 Bitcoin if you cannot afford it. You can buy $10 worth of Bitcoin in sats which is inexpensive for low income earners, when your income improves you will be increasing the amount gradually. The important factor is to always have a discretionary fund as an investor, you plan how to disburse funds from it. Decide the amount to buy Bitcoin with, how much to set aside for emergency occcurances

Insufficient discretionary income should never be an excuse for people to delay their Bitcoin investments because everyone can buy Bitcoin according to their discretionary income. The DCA method is for both rich and poor folks, so any inspiring Bitcoin investment that has an insufficient discretionary income and wants to delay his investment till he has a good discretionary income can use the DCA method in accumulating Bitcoin because DCA method allows investors to tailor their investments according to their purchasing power, and there is an option for them to increase the money they use in accumulating Bitcoin to a better amount if they better their source of income along their accumulation process.

[Seven Star7]

Having limited discretionary income does not disqualify anyone from investing in Bitcoin. In fact, that’s exactly why DCA exists and also DCA was designed to help people who don’t have large discretionary income invest gradually, consistently, and with reduced risk taking too, So people with higher discretionary income may choose different strategies like lump sum, hybrid, active trading but many still prefer DCA because it minimizes timing risk and emotional stress ok

Yes, DCA is designed to allow investors, including those in Bitcoin, to accumulate regularly and purposefully at each stage. Essentially, DCA is like a calendar, allowing us to better control our Bitcoin purchases, allowing for more stability and buying at various prices. If we're talking about someone who doesn't have a large discretionary fund, DCA can indeed be a solution. With DCA, everyone feels like they have the opportunity to invest in Bitcoin.

I think that's the key point I've realized now. Just think: when someone doesn't have a lot of discretionary funds but wants to invest in Bitcoin, if they don't understand the DCA strategy, they'll likely give up on their desire. Bitcoin is perceived as expensive. But if we look at Bitcoin from a DCA strategy perspective, Bitcoin is indeed expensive, but with consistent weekly accumulation, our Bitcoin holdings will undoubtedly increase. So, I think that's the key advantage of the DCA strategy. Essentially, DCA is a truly powerful investment strategy.

Insufficient discretionary funds is not a good excuse not to start Bitcoin investment, you have to cut your coat according to your size which means that you can start with very minimal amount. As your discretionary funds starts to increase you will be increasing the amount that you use to buy Bitcoin. This is why DCA method is essential especially for small income earners, it makes them to be focused on the long term accumulation. At every point of DCA accumulation it doesn't mean that the amount that you will use to buy must be constant, if your income increases you increase amount, if it reduces you reduce your amount. No need to put yourself under pressure to use amount that you are not comfortable with to buy Bitcoin

Bitcoin investment is not expensive if you buy according to your capacity, you don't have to buy 1 Bitcoin if you cannot afford it. You can buy $10 worth of Bitcoin in sats which is inexpensive for low income earners, when your income improves you will be increasing the amount gradually. The important factor is to always have a discretionary fund as an investor, you plan how to disburse funds from it. Decide the amount to buy Bitcoin with, how much to set aside for emergency occcurances

Insufficient discretionary income should never be an excuse for people to delay their Bitcoin investments because everyone can buy Bitcoin according to their discretionary income. The DCA method is for both rich and poor folks, so any inspiring Bitcoin investment that has an insufficient discretionary income and wants to delay his investment till he has a good discretionary income can use the DCA method in accumulating Bitcoin because DCA method allows investors to tailor their investments according to their purchasing power, and there is an option for them to increase the money they use in accumulating Bitcoin to a better amount if they better their source of income along their accumulation process.

Investing in the DCA method is applicable to both the rich and the poor. Many people may say that the poor cannot invest in Bitcoin, but I think the poor can also invest, but maybe they can do it in small amounts, but if they try, they can gradually continue their investment in the DCA method with a small amount, but for this, we must plan and try, if we do not continue with our efforts, then it will be true that the poor cannot invest. A poor person, if he is experienced in Bitcoin, can save some unnecessary expenses and invest, whether it is smoking, eating chocolate, but for this we must have effort, if we can try, then we will definitely be successful.

[Makus]

With the rise of cryptocurrency, thief's  have become more common. From fake exchanges to pump-and-dump schemes, it’s easy for newbies to fall into a trap if they’re not careful. So please always verify the legitimacy of the platforms and projects before investing your capital.I humbly suggest for we the Newbies

Yes sure scams and theft have become more common. forming fake exchanges to pump and dump schemes, it’s very easy for beginners to fall into traps if they are not careful. That is why it is important to always verify the legitimacy of any platform or project before investing your hard earned capital, so please as a newbies take time to learn, do proper research, and avoid rushing into quick profit opportunities In crypto, be patience and knowledge are your strongest protections ok!

Currently, fraud and theft are more common than ever, fake eXchanges and projects are Being created to run pump and dump schemes, and it is very easy for Beginners to Fall into these traps if they are not careful. This is Why it is Very important to thoroughly VeRify the Legitimacy of any platform or Project before investing your hard Earned capital. An Urgent rEquest to beginners, take your time, learn, Do Your own research, and do not be tempted by the temptation of quick Profits. PatieNce And knowledge are the Strongest ProteCtion in Crypto.

If i can remember clearly this thread was created to discuss the best strategies to either accumulation or sell your bitcoin and there is no way it's even a bit relatable to crypto discussion. Why trade crypto aside for the purpose of gambling when you can actually buy bitcoin, sit back and watch it grow overtime.  It's a good thing you understand the level of fraud and theft going on in the crypto market and that implies that your own research isn't enough to make you immune to those scams from shitcoins or shitprojects. However I'll advise you focus on bitcoin accumulation rather than watering the garden of scammers by diversifying your hard earned money to shitprojects.

[Joeboy]

I doubt DCA is something that purposefully allows investors to be whimpy in their investment, even though it does allow investors to tailor their investment into bitcoin however they like.

Part of the advantage of DCA is that it provides a way that investors can tailor their investment amount (whether whimpy or aggressive) as their income is coming in and as their income is coming available. 

Sure, they can choose to purposefully keep their investment into bitcoin whimpy if they choose, yet they can also use DCA to cause their bitcoin investment to be as aggressive as they are able to be without overdoing it.

The level of whimpiness or aggressiveness is chosen and either can be chosen (it's up to the investor) through the employment of DCA.

Indeed what you said is spot on, and yeah, DCA is one of the best strategy there is majorly because of his flexibility, which means that with DCA, folks cannot be forced into a fixed investment amount, DCA makes it possible for folks to adjust the size of their investments based on their current cash flow, and risk tolerance.....For example if a guys earns a small amount of income, he can remain consistent by buying little by little without placing himself under alot of pressure. And when there is an increment in his salary, if at that point his level of confidence isn't yet high in Bitcoin, he alone can still decide to increase his accumulation or reduce it, that freedom and flexibility is always there.....

[alankasman]

It varies from person to person that how much he can easily invest in Bitcoin per week or month. Some people might have budget of investing 5000$ per week in Bitcoin while some can invest 100$ per week. The important thing is to stay consistent with whatever amount you have allocated for investing per week or month into Bitcoin.
Once you start investing, you can increase your investment like if you have invested 100$ per week when price was 126000$ then one can invest more (if he has some spare cash) when price has gone down to 90,000$. As we start investing in Bitcoin, we explore more ways of how to better our investment strategy and that's why it's important for no coiners to start from somewhere.   

True, there's no need to compare the amount we invest with others. This method certainly depends on our income which may be slightly lower than those who have a stable daily and monthly income. The most important thing is that we invest in Bitcoin consistently even with varying amounts. With a small amount allocated but with full concentration the investment results will follow our allocation whether it's $100 or $5000 weekly or monthly.

Hehehe, this is one of the most brilliant examples you've given encouraging everyone to experience the benefits of investing in Bitcoin. I agree with this situation. Sometimes some people only prioritize profits. For example when they initially bought BTC at $85, despite the price starting to reach $100, I think it would be better to continue investing by buying Bitcoin to accumulate more, with the goal of long-term investment to gain results and profits for our future by investing in Bitcoin.

[ZeroVinsonN]

I doubt DCA is something that purposefully allows investors to be whimpy in their investment, even though it does allow investors to tailor their investment into bitcoin however they like.

Part of the advantage of DCA is that it provides a way that investors can tailor their investment amount (whether whimpy or aggressive) as their income is coming in and as their income is coming available. 

Sure, they can choose to purposefully keep their investment into bitcoin whimpy if they choose, yet they can also use DCA to cause their bitcoin investment to be as aggressive as they are able to be without overdoing it.

The level of whimpiness or aggressiveness is chosen and either can be chosen (it's up to the investor) through the employment of DCA.

Indeed what you said is spot on, and yeah, DCA is one of the best strategy there is majorly because of his flexibility, which means that with DCA, folks cannot be forced into a fixed investment amount, DCA makes it possible for folks to adjust the size of their investments based on their current cash flow, and risk tolerance.....For example if a guys earns a small amount of income, he can remain consistent by buying little by little without placing himself under alot of pressure. And when there is an increment in his salary, if at that point his level of confidence isn't yet high in Bitcoin, he alone can still decide to increase his accumulation or reduce it, that freedom and flexibility is always there.....

The decision to invest or not is ultimately an individual's choice and no one else gets to make it for them and that's why even though people are advised to invest in bitcoin no one can actually be coarsed in to doing it, if after investing for a while and investor decides to reduce how much he is already putting into the DCA for whatever reason they may have then it's still their choice to do so as it is also their choice to increase their investment as well though there are factors that can influence these decisions like maybe an increase or reduction in discretionary income and we know that our discretionary income is what ultimately decides how we invest so whatever affects our discretionary income will ultimately affect our investment rate but not what has already been invested provided we take the necessary measures to safeguard our investment.

[Charcol]

~

~

Newbies missed the earlier stages of Bitcoin so they should take it more seriously instead of picking or involving other alts in their early stages, coins with more risk factors over Bitcoin that's gained lots of recognition in the asset class.

We are still in the early days of Bitcoin. However, whatever the time, the main opportunity of Bitcoin is not only in the early days. Bitcoin is not an ordinary investment project, the value of which can only be found if you enter at the beginning. It is a limited supply-based, decentralized financial system. The acceptance of which is still incomplete. So in the future, Bitcoin will provide us with more opportunities..Let's talk about reality, Bitcoin has created an opportunity for newcomers to learn and enter in every market cycle. Those who once thought they were late, have realized in the next cycle that it is not a matter of time, but of the mindset of taking a position..The strength of Bitcoin is its patience..It does not force anyone to rush, and it does not exclude anyone.For those who take the time to understand, participate regularly, and don't chase shortcuts, Bitcoin is as relevant today as it ever was.And for newcomers,one challenge is whether they actually see Bitcoin as a false opportunity like altcoins?It's natural to be disappointed. But if they understand that Bitcoin is slowly building trust, proving itself over time, then they will realize that there is still a good reason to participate.
So I think it's misleading for newcomers to miss something in the early Stages. This can ruin their will to invest. Rather, it can be said that they have come to a point where the information is clearer, the risks are relatively easy to understand, and Bitcoin has already proven its viability.

[Bd officer]

Investing in the DCA method is applicable to both the rich and the poor. Many people may say that the poor cannot invest in Bitcoin, but I think the poor can also invest, but maybe they can do it in small amounts, but if they try, they can gradually continue their investment in the DCA method with a small amount, but for this, we must plan and try, if we do not continue with our efforts, then it will be true that the poor cannot invest. A poor person, if he is experienced in Bitcoin, can save some unnecessary expenses and invest, whether it is smoking, eating chocolate, but for this we must have effort, if we can try, then we will definitely be successful.

Of course DCA is the best strategy for everyone, everyone can take advantage of it. If you buy Bitcoin with the DCA method, you can buy at an average price, you don't have to worry about the price. Now those who say that poor people cannot invest in Bitcoin are wrong, we know that you don't need a lot of money to buy Bitcoin, you don't have to buy a whole Bitcoin, you can invest according to your ability. Yes, of course you have to keep trying, if you don't have the desire to invest or don't have a plan, then you will never be able to invest. And if you want to invest in Bitcoin, you must hold it for the long term, otherwise you will not be successful, make a long-term plan before starting to invest.
Anyway, many people thought that the price of Bitcoin would fall, but Bitcoin has proven them wrong, the Bitcoin market has started to improve a bit again.

[WhoYouCantKill]

If we start to feel that we have enough bitcoin or more than enough bitcoin, then we might start to change our strategies so that we are not ONLY accumulating, and I frequently like to consider being in accumulation stage first, and then getting to maintenance stage and then finally getting to sustainable withdrawal (liquidation) stage, and sure there can be some overlap in the stages, yet our behaviors are likely to change and our ways of dealing with our BTC stash are likely to change in each stage, and some guys might mistakenly consider themselves to be in one stage or another, and then later realize that they had been mistaken, so guys might not always know which stage they are in.

Can you elaborate more on the maintenance stage , I do understand the accumulating stage where all the buying with different strategies takes place .

And how can one tell which stages they are , but me I can actually tell the stage am in I’m still in my accumulation stage, because i have not come close to my target goal , so I can say I’m still in my accumulation stage . Clearly I’m still far from withdrawal stage .

It is difficult to describe each of the stages for everyone, since each person is likely going to need to figure if they are moving into a different stage, and so yeah, many of us seem to agree that the earlier we are in our bitcoin journey then the more likely that we should ONLY be focusing on bitcoin accumulation and nothing else.. Yet, the more time that we spend accumulating bitcoin, and maybe the higher percentage of our income we put into bitcoin, we might start to feel that we can slow down in our accumulation and we don't need to be so aggressive about it.

I cannot say where that threshold amount of BTC accumulation is going to be.  Surely many normal people might ONLY be able to invest around 10% of their income into bitcoin, so it will take them nearly 10 years just to get to one year of income into bitcoin.

Yet a person who is able to invest close to 25% into bitcoin, then he may well end up investing a year into bitcoin in 4 years.  So you can see a difference that the higher abilities to put a lot of our current income into bitcoin might cause us to start to think that evey if we have not reached overaccumulation status, we are feeling that we can start to slow down

I love how you framed your reasoning because it perfectly reflects how people realistically experience their personal Bitcoin Journey rather than having to follow some one size fits all roadmap.

It’s never easy or even possible to define clear stages of Bitcoin investment that everyone can apply and arrive at the same results. This is because every single person has their own unique experience, which includes their income level, risk tolerance level, time horizon and family responsibilities, which are usually different from person to person, and these are the core factors that determines an investors stages or strategy to employ, so that being said, the point at which an investor would feel they’re moving from accumulating aggressively to a much more slower pace will naturally vary. This makes it very crucial for every investor to prioritize self assessment than channeling all their energy, time and resources towards hitting a universal BTC target.

I also picked out the emphasis on pure accumulation and I think it also makes a lot of sense. The moment an investor has just gotten started and their portfolio is still pretty small, it’s easier to see the marginal benefits of every single sat that adds up to the portfolio. And at this point, it becomes more beneficial for the investor when he focusing only and mainly on consistent accumulation alone, rather than trading, diversification or even yield chasing, as it also keep the strategy clean, simple and disciplined.

In conclusion, I believe the take away point from the whole thing is that accumulation is more of a spectrum than a switch. And the reason why people move from one level of aggressiveness to another isn’t because there’s a general rule or idea that states it, neither is there a defined finish line that every investor must push towards reaching, but simply because of their individual positions, their confidence and their sense of sufficiency had evolved over time. And some may feel as though this progression is a weakness, but in reality, it’s far from that, rather than weakness, it’s more of a sign of maturity in the process. 

[Morayoam91]

Having limited discretionary income does not disqualify anyone from investing in Bitcoin. In fact, that’s exactly why DCA exists and also DCA was designed to help people who don’t have large discretionary income invest gradually, consistently, and with reduced risk taking too, So people with higher discretionary income may choose different strategies like lump sum, hybrid, active trading but many still prefer DCA because it minimizes timing risk and emotional stress ok

Yes, DCA is designed to allow investors, including those in Bitcoin, to accumulate regularly and purposefully at each stage. Essentially, DCA is like a calendar, allowing us to better control our Bitcoin purchases, allowing for more stability and buying at various prices. If we're talking about someone who doesn't have a large discretionary fund, DCA can indeed be a solution. With DCA, everyone feels like they have the opportunity to invest in Bitcoin.

I think that's the key point I've realized now. Just think: when someone doesn't have a lot of discretionary funds but wants to invest in Bitcoin, if they don't understand the DCA strategy, they'll likely give up on their desire. Bitcoin is perceived as expensive. But if we look at Bitcoin from a DCA strategy perspective, Bitcoin is indeed expensive, but with consistent weekly accumulation, our Bitcoin holdings will undoubtedly increase. So, I think that's the key advantage of the DCA strategy. Essentially, DCA is a truly powerful investment strategy.

Insufficient discretionary funds is not a good excuse not to start Bitcoin investment, you have to cut your coat according to your size which means that you can start with very minimal amount. As your discretionary funds starts to increase you will be increasing the amount that you use to buy Bitcoin. This is why DCA method is essential especially for small income earners, it makes them to be focused on the long term accumulation. At every point of DCA accumulation it doesn't mean that the amount that you will use to buy must be constant, if your income increases you increase amount, if it reduces you reduce your amount. No need to put yourself under pressure to use amount that you are not comfortable with to buy Bitcoin

Bitcoin investment is not expensive if you buy according to your capacity, you don't have to buy 1 Bitcoin if you cannot afford it. You can buy $10 worth of Bitcoin in sats which is inexpensive for low income earners, when your income improves you will be increasing the amount gradually. The important factor is to always have a discretionary fund as an investor, you plan how to disburse funds from it. Decide the amount to buy Bitcoin with, how much to set aside for emergency occcurances

It is really amazing, DCA is not only an easy way to invest but also a nice discipline to reduce stress, on the other hand if you keep trying to predict the price of Bitcoin which is impossible because there is no such thing as the right time to invest in Bitcoin, then determining the future of Bitcoin is a challenge, in this case it is very important to start from the present, you can do this using the DCA strategy as it will gradually take your investment to a higher level.

[Bigjoe33]

With the rise of cryptocurrency, thief's  have become more common. From fake exchanges to pump-and-dump schemes, it’s easy for newbies to fall into a trap if they’re not careful. So please always verify the legitimacy of the platforms and projects before investing your capital.I humbly suggest for we the Newbies

For me, it's not even a real matter investing or putting any reasonable percent(if it's even necessary) of your resources into crypto or any related schemes. Bitcoin investment should be encouraged and taking serious since it is more stable and also, has proven a store of value over the years. A serious investor would rather put his income into Bitcoin and Hodl for years than go for mare shitcoins or other pump and dumb coins who have no future value. Doing that is a total waste of time and resources since those crypto projets might dumb anytime. Accumulating Bitcoin using the DCA strategy and then HODL for long term, let's say 4-10 year or more is more reasonable and a better and wiser financial decision to make.

[Cossyblack]

This is not only common to newbie but also to some old greedy folks. There are folks that are so greedy that they want to get rich overnight more than newbie so this is common to these people too and not only newbie and sometimes they will be aware of the risk but they will want to take it unlike some newbie that doesn't know about the risk and sometimes they think it is the right place not knowing they are making a very big mistake. Apart from Bitcoin no other coin interest me no matter the potential because some of these coin potential are always high and convincing initially.

One of the reasons oldies in bitcoin gets scam is this mentality of becoming rich overnight. That is why instead of diversifying into to a none crypto project they will still diversify into pump and dump coins which promise very high returns in a short time. In the end they get scam because of greed. Bitcoin is the most reliable asset I can recommend for long term investment,anyone who isn't contender to the slow and steady growth of bitcoin is free to invest elsewhere. After all they would suffer the consequences alone if they fall prey in a pump and dump schemes.