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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 141897 times)
alankasman
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Today at 08:13:19 AM
 #16721

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I will agree with you that the dca accumulating strategy is the best accumulating strategy when accumulate Bitcoin, because it makes accumulation easier, since it can be tailored to the availability your discretionary income easily, but it have no effect on your emotions as you are proclaiming.

The only way to keep your emotions in check while investing in Bitcoin through the dca accumulating strategy is when you are investing with what you can afford to lose, because if you invest with a fund you cannot afford to lose, you will always panic when their is a dip, no matter the accumulating strategy you are using, but if you are investing with what you can afford to lose, you will never panic no matter the market conditions, because you invested with what you can afford to lose.
I don't think anyone is currently unaware of the DCA strategy. It's true, as you said that this strategy makes it very easy for everyone to accumulate Bitcoin. Therefore with this strategy I believe that when we have discretionary funds it's impossible not to accumulate Bitcoin especially since this strategy doesn't require a large amount to start accumulating. This is why many people often accumulate Bitcoin because there are no specific requirements or requirements for accumulating Bitcoin regardless of whether they meet their daily needs.

To control this I also believe it's better to adjust to our own abilities before accumulating Bitcoin. If we force ourselves to accumulate an amount we don't agree with this is a bad step for controlling our emotions. In fact our emotions will return and we may lose control of the emotions that are enveloping us. What we need to do is adjust first and only act when we feel it's time to accumulate.

johnsaributua
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Today at 08:24:49 AM
 #16722

Everybody has a strategy that works for them, but non of it means much if one can't stay committed DCA  helps to reduce a lot the emotions but holding through both the heights and the lows is what most individuals struggle with DCA isn't about observing the market it's about building your position over time. The hardest part bis staying patience and resisting the urge to panic when prices get volatile.

Most are unable to hold when the price situation is in a decline meaning that emotional control usually does not occur when the market price is still stable at a figure of for example, $ 80,000 so with the current market price I think many do not want it even though they have to accept the current conditions because no one knows when the market price can return to normal meaning that currently with the decline in prices many people also stop making purchases because sometimes when they make purchases they also think that they will not be able to make a profit after they make a purchase so what we need to explain is the interest of someone who usually always buys Bitcoin now they prefer to be silent and they also hold on to the existing amount this is to protect them so that they are able to control their emotions from selling the amount they have collected for years.
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Today at 10:33:49 AM
 #16723



Everyone has a different approach to investing in BTC, including buying BTC.

You sound as though investing in BTC is different from buying BTC. I think they are the same. If you are investing in BTC, then it means you are buying BTC and HODLing for a long term for a possible greater value.

However, with Direct Asset Management (DCA), the focus is on accumulating BTC.
Is this the new meaning of DCA (Direct asset management)? I checked, and the meaning of DCA is - Dollar-cost Averaging . So where did you get this meaning, pls you can give a a brief explanations for clarification and better understanding so that plebs don't get confused with your use of terms, but if it's a self coined name, you may as well edit or take it down.

The most important thing, in my opinion, is that if we intend to invest long-term in BTC, we must be strong enough to hold onto it. Many people fail to invest long-term in BTC, even using DCA strategies and others.

Been able to HODL our coins much longer to meet our investment target and/or our over accumulation stage is very necessary and may depend of how we carried out investor practice or our investment approach. We must ensure to always invest within our means, not overly or aggressively get involved in the market when we do not have the extra funds and/or financial capacity to do so. We must also ensure to build our emergency funds and other back up funds simultaneously while we are keeping our consistent accumulation process ongoing. Proper income management and allocation is also needed to meet this goal.

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Today at 11:19:22 AM
 #16724

Everybody has a strategy that works for them, but non of it means much if one can't stay committed DCA  helps to reduce a lot the emotions but holding through both the heights and the lows is what most individuals struggle with DCA isn't about observing the market it's about building your position over time. The hardest part bis staying patience and resisting the urge to panic when prices get volatile.

Most are unable to hold when the price situation is in a decline meaning that emotional control usually does not occur when the market price is still stable at a figure of for example, $ 80,000 so with the current market price I think many do not want it even though they have to accept the current conditions because no one knows when the market price can return to normal meaning that currently with the decline in prices many people also stop making purchases because sometimes when they make purchases they also think that they will not be able to make a profit after they make a purchase so what we need to explain is the interest of someone who usually always buys Bitcoin now they prefer to be silent and they also hold on to the existing amount this is to protect them so that they are able to control their emotions from selling the amount they have collected for years.

It’s easy to talk about DCA when the market is stable or up, but when there’s a big drop—like the $80,000 event—fear sets in. The “silent holding” phase you mentioned is basically a survival strategy. People stop buying because they’re afraid of a drop, so they hold onto their remaining savings to avoid panicking. From an emotion control perspective, just standing still and not selling is a huge success.

DCA is designed for both good and bad times. The real magic of this strategy is to accumulate more sats when prices are down, which lowers your average cost. If someone stops buying during a drop and only starts buying when things feel “safe” again, they’re not following the DCA strategy—they’re just trying to read the market emotionally.

Riding out a downturn without selling is great for protection, but having the courage to keep buying when everyone else is silent is where real, life-changing success lies..
BluebloodCXVI
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Today at 11:46:44 AM
 #16725

Sured 💯. Old doesn't matter so age shouldn't be seen as a barrier for building a Bitcoin position, infacts  there are alot of older investors that sometimes brings more advantages that even younger investors may still be developing, such financial discipline, experienced on risk management towards investment and the investment habits also a clearler understanding of planning for long term.  So coming or entry th3 bitcoin late in life doesn't really eliminate the possibility of benefits from a several years bitcoin accumulation strategy. Moreover  bitcoin accumulation or bitcoin investment truly depends on one's patience for a long-term and financial management than age or how recently some people discover bitcoin.

Perhaps there’s an atom of truth in the idea that age alone should not stop someone from investing in bitcoin. However i don’t think it should be ignored either because its also one the things that helps to determine how much of your money you will be comfortable with putting into bitcoin, how much volatility you can handle and how long you can realistically leave your investment to grow. Certainly an older person in their 70’s can still build a solid bitcoin position but their approach to it may not be the same thing as someone who is just starting out in their 20’s and still has a long time ahead of them to implement whatever approach they may chose to use.
Now even though many old investors may have better financial discipline and experience, i don’t think those traits are only guaranteed by age alone because I’m sure there are many younger investors out there who are highly disciplined and Older investors who are not; so discipline is not limited to age alone.



I disagree on this , when an investor is using a DCA strategy and the market is going well as he continues accumulating I Don't think if he should also reserve money for bear market anymore, what he should keep or reserved is emergency funds in case of defense or difficulties in future, theirs absolutely everything wrong with that the attention of the investor will definitely be divided and he will lost concentration, is better he concentrate on DCA strategy, and make good use of his emergency funds, floating funds and backup funds instead of keeping money to wait for any dip.

You seem to be forgetting that reserve funds is also under the category of back up funds. I don’t see it as a bad thing if a person decides to keep some reserve funds with them in anticipation of taking advantage of any opportunity that may arise in the market during their accumulation phase. If a person is consistently buying bitcoin through DCA and they happen to have some extra cash left with them that they can comfortably leave on the sidelines for a long time, I don’t see how that will make them loose focus or translate to them changing their DCA strategy. I honestly think that’s a reasonable way for a person to manage their investment. Different people can use different methods in their investment without either approach being wrong.

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Today at 12:33:35 PM
 #16726

Everybody has a strategy that works for them, but non of it means much if one can't stay committed DCA  helps to reduce a lot the emotions but holding through both the heights and the lows is what most individuals struggle with DCA isn't about observing the market it's about building your position over time. The hardest part bis staying patience and resisting the urge to panic when prices get volatile.

Most are unable to hold when the price situation is in a decline meaning that emotional control usually does not occur when the market price is still stable at a figure of for example, $ 80,000 so with the current market price I think many do not want it even though they have to accept the current conditions because no one knows when the market price can return to normal meaning that currently with the decline in prices many people also stop making purchases because sometimes when they make purchases they also think that they will not be able to make a profit after they make a purchase so what we need to explain is the interest of someone who usually always buys Bitcoin now they prefer to be silent and they also hold on to the existing amount this is to protect them so that they are able to control their emotions from selling the amount they have collected for years.
DCA is the best accumulation strategy for Bitcoin investment because it enables an investor to buy when they have available discretionary funds to do so, as far as you have the funds to buy you shouldn't hesitate because you want to wait for another dip or an uptrend. DCA strategy actually requires being strong willed inorder not to sell prematurely because you can sell in panic because of of dip or you might again sell to take profit prematurely before your set goal of holding for many years.

As far as you're determined to keep buying without monitoring the market that is how you can be able to continually accumulate without stopping provided that you have discretionary funds to buy because without money you cannot do DCA strategy. As investors that are using DCA strategy to accumulate I believe that our priority should be on making sure that we're always earning more than what we need to cater for our basic expenses so that we will always have discretionary funds to buy Bitcoin.
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Today at 12:59:53 PM
 #16727

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.

When an individual obtains an unexpected quantity of money during or as a result of a price decline, they begin to consider ways to raise further funds or reallocate some of the money they had set aside for another sector into Bitcoin.

You seem confused… DCA is about buying consistently with money you can comfortably afford, not about waiting for the price to go down or the need to find extra money whenever the market drops. If investors have extra available funds, then it's their personal decision on how to use them. But no one should feel that a price decline means they have to move money from other priorities just to buy more BTC.

Long term approach is far more sustainable when it fits your budget and can be maintained through both market fluctuations
Some people still don't understand what DCA strategy of Bitcoin accumulation means they sometimes contradict themselves, and this is one of the reasons why some bitcoin investors are still not on the right track because they don't understand the various strategies and what it means and how to use them.
Whenever there is a dip in Bitcoin you can actually decide to use money you have no use for to accumulate aggressively, however what I don't support is using money meant for another project or another investment to accumulate aggressively when there is a dip in Bitcoin.

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Today at 01:05:47 PM
 #16728

Everybody has a strategy that works for them, but non of it means much if one can't stay committed DCA  helps to reduce a lot the emotions but holding through both the heights and the lows is what most individuals struggle with DCA isn't about observing the market it's about building your position over time. The hardest part bis staying patience and resisting the urge to panic when prices get volatile.
The DCA strategy is very important in saving in Bitcoin. As a result, the continuity of investment is maintained for a long time. The only strategy to control emotions while investing in Bitcoin through the DCA strategy is to invest as much as you can afford to lose. As a result, you will never panic no matter what the market conditions are while investing. And through the DCA method, you can maintain the continuity of investment with patience.
BRINIRHA
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Today at 01:17:04 PM
 #16729


Combining strategy can be very advantageous because it will help an investor grow or increase their portfolio so easily, just imagine someone I mean an investor who is using the DCA method and at same time front loading or been aggressive when there is Dip, the investor will grow more than someone that is just using the DCA method but it is not compulsory to combine two strategy in Bitcoin investment especially if it is not convenient for the person otherwise there will be a problem.
I don't think so because the benchmark in the development of our portfolios is not only focused on combining strategies but also depends on how we start and are consistent beforehand. Indeed if we are able to it will still be good for our portfolios but it does not mean that combining several strategies at once will be able to make the growth of our portfolios grow rapidly because it could even be the opposite.

In addition we also need to consider the financial problems we have the longer the level of needs can increase and when we are unable to cover it from the start because it is too focused on doing several bitcoin buying strategies at once without any consideration in daily needs this can also be a problem that will arise and this will interfere with the investment we are doing.
We are always competing to make the quantity look better because we always expect rapid portfolio growth but do not realize that the poor quality of our investments and done too aggressively can also create new problems.
While on DCA strategy there's no need to think of combining strategy. On DCA strategy, discretionary funds availability should define the necessity for a new move (call it aggressiveness) which will mean combining strategy by implications and that is to avoid the temptation that will or might lead to an investor undermining daily needs that can along the line negatively affect their portfolio.

While using DCA strategy, there's no need competing about the quantity of Bitcoin when the quality of your financial atmosphere is weak. There can be moves to first raise your financial stand before thinking of raising Bitcoin portfolio inline with the new existing financial stand.
Btw what I discussed earlier was not about how DCA is done but about the development of the portopolio that we have.

Of course for DCA I will still agree when it is used as a method for investment especially if using discretionary funds as the main choice in DCA.

On the one hand although we don't need to compete about quantity but at some moments we also need to make quantity as a benchmark to see our progress in DCA from time to time. This is not meant to be a race but as an evaluation material that we have and a reference for us to be more enthusiastic in making investments made.

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Gallar
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Today at 01:19:56 PM
 #16730

...
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.
Yes, waiting to buy Bitcoin when you already have discretionary funds is clearly a shame. Why wait for the Bitcoin price to drop before buying? After all, no one knows for sure which direction the Bitcoin price will move? Therefore, once we have discretionary funds, we definitely shouldn't wait too long to buy Bitcoin if we truly want to invest in Bitcoin long-term. Essentially, if we intend to invest in Bitcoin for the long term, buying at any price now won't be a big deal. Our goal is in the future. So, buying Bitcoin at any price now is clearly not a bad idea. Personally,, I think the current Bitcoin price is still very low. I personally believe that Bitcoin will likely reach one million dollars someday. Therefore,, we shouldn't waste this opportunity.

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Today at 01:56:54 PM
 #16731

...
I will agree with you that the dca accumulating strategy is the best accumulating strategy when accumulate Bitcoin, because it makes accumulation easier, since it can be tailored to the availability your discretionary income easily, but it have no effect on your emotions as you are proclaiming.

The only way to keep your emotions in check while investing in Bitcoin through the dca accumulating strategy is when you are investing with what you can afford to lose, because if you invest with a fund you cannot afford to lose, you will always panic when their is a dip, no matter the accumulating strategy you are using, but if you are investing with what you can afford to lose, you will never panic no matter the market conditions, because you invested with what you can afford to lose.
I don't think anyone is currently unaware of the DCA strategy. It's true, as you said that this strategy makes it very easy for everyone to accumulate Bitcoin. Therefore with this strategy I believe that when we have discretionary funds it's impossible not to accumulate Bitcoin especially since this strategy doesn't require a large amount to start accumulating. This is why many people often accumulate Bitcoin because there are no specific requirements or requirements for accumulating Bitcoin regardless of whether they meet their daily needs.

To control this I also believe it's better to adjust to our own abilities before accumulating Bitcoin. If we force ourselves to accumulate an amount we don't agree with this is a bad step for controlling our emotions. In fact our emotions will return and we may lose control of the emotions that are enveloping us. What we need to do is adjust first and only act when we feel it's time to accumulate.
The best time to accumulate bitcoin is when we have our discretionary income available, we need to meet our daily needs or important needs for the week or month then what ever that is left is what we can use to accumulate bitcoin, if some buys bitcoin what out first meeting up with his important needs he is already gambling with his investment, so if you say we can accumulate bitcoin regardless whether we meet our important needs because we are using the dca strategy to accumulate without first settling this important needs is wrong that's gambling because such person is not buying bitcoin with their discretionary income anymore.

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Today at 03:53:16 PM
 #16732

Everybody has a strategy that works for them, but non of it means much if one can't stay committed DCA  helps to reduce a lot the emotions but holding through both the heights and the lows is what most individuals struggle with DCA isn't about observing the market it's about building your position over time. The hardest part bis staying patience and resisting the urge to panic when prices get volatile.
The DCA strategy is very important in saving in Bitcoin. As a result, the continuity of investment is maintained for a long time. The only strategy to control emotions while investing in Bitcoin through the DCA strategy is to invest as much as you can afford to lose. As a result, you will never panic no matter what the market conditions are while investing. And through the DCA method, you can maintain the continuity of investment with patience.

You are right but you are mistaken something, the DCA doesn't maintain continuity in Bitcoin investment but rather it is the investor that will maintain continuity while using the DCA method because you will agree with me that there are people who are using the DCA method to accumulate Bitcoin yet they still has some slack in their accumulation journey. The DCA method is just a method that will drive us according to what we input.

 
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Today at 03:58:17 PM
 #16733

Actually DCA is the ideal technique for reducing volatility risk, particularly for novices. By focusing on routines rather than daily price changes, individuals can avoid stress and emotional judgements. Automatic recurring purchases can establish an investment habit without the need to constantly monitor daily price charts, thereby smoothing out the average buy price over time.

Putting emergency funds first is a very healthy financial foundation as an early preparation for unexpected events; this is why you must be firm in yourself to be able to separate emergency funds from reserve/investment funds; the goal is to maintain financial stability under all circumstances. I believe this method is ideal for beginners since it makes their investments more planned and disciplined while maintaining daily financial security.
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Today at 04:30:34 PM
 #16734

DCA is the best accumulation strategy for Bitcoin investment because it enables an investor to buy when they have available discretionary funds to do so, as far as you have the funds to buy you shouldn't hesitate because you want to wait for another dip or an uptrend. DCA strategy actually requires being strong willed inorder not to sell prematurely because you can sell in panic because of of dip or you might again sell to take profit prematurely before your set goal of holding for many years.

As far as you're determined to keep buying without monitoring the market that is how you can be able to continually accumulate without stopping provided that you have discretionary funds to buy because without money you cannot do DCA strategy. As investors that are using DCA strategy to accumulate I believe that our priority should be on making sure that we're always earning more than what we need to cater for our basic expenses so that we will always have discretionary funds to buy Bitcoin.
I agree with your statement that the DCA method helps us accumulate Bitcoin consistently, regardless of market fluctuations. However, I think the success of DCA depends not only on willpower, but also on cash flow management, alternative funds, and discretionary income, so that market volatility or personal financial stress does not disrupt our plans. On the other hand, earning more is certainly good, but it is not enough to just increase income, but it is equally important to control expenses, create a proper budget, and strengthen your financial system. When you have these things in place, the DCA method will naturally work in the long run and become a reliable habit rather than a willpower.
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Today at 05:11:26 PM
 #16735

Snip.
Spreading your self too thin too early can become a problem, at the same time I think the right time to diversify depends on each persons financial situation and risk tolerance. for some individuals it makes sense to build a strong Bitcoin position first , while others may prefer to balance their investment from the starting. The important things is having a clear strategy and sticking to it instead of pursuing every new opportunities that comes your way.
The best time to diversify is not just about following trends, but depends on risk, capital and mental readiness. But I don't want to bother myself by investing in many assets because it will lose focus and goals on the main asset. In my opinion, a very effective first step is to build a strong position in a major asset like Bitcoin. It's fine to diversify when you have a growing pool of capital, but if you're focused on long-term wealth accumulation, growing a dominant position in Bitcoin makes more sense.

The diversification will definitely depend on individual budget, not everyone that are earning weekly or monthly only have interest in Bitcoin investment, there are other people that also invest in Bitcoin and in this case most of them spread their funds so that they can be able to maintain that Bitcoin investment consistently. When it comes to bitcoin investment through the use of discretionary income with the DCA method require nothing but consistency because these are the best way to accumulate Bitcoin.

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Today at 06:06:28 PM
 #16736

...
I will agree with you that the dca accumulating strategy is the best accumulating strategy when accumulate Bitcoin, because it makes accumulation easier, since it can be tailored to the availability your discretionary income easily, but it have no effect on your emotions as you are proclaiming.

The only way to keep your emotions in check while investing in Bitcoin through the dca accumulating strategy is when you are investing with what you can afford to lose, because if you invest with a fund you cannot afford to lose, you will always panic when their is a dip, no matter the accumulating strategy you are using, but if you are investing with what you can afford to lose, you will never panic no matter the market conditions, because you invested with what you can afford to lose.
when we have discretionary funds it's impossible not to accumulate Bitcoin
The word "impossible" you mentioned seems redundant to me. Because just because he has discretionary income doesn't mean he has to buy Bitcoin. Maybe he has taken out too many loans or is under some other pressure. Every person has the right to make their own decisions. Even if only they understand their situation better.


there are no specific requirements or requirements for accumulating Bitcoin regardless of whether they meet their daily needs.
I don't think so. You should understand that money before meeting daily needs is not discretionary income. You should understand that when you buy Bitcoin with money for your food, rent, medical care, loans, family needs or emergency expenses, it will not be a long-term investment and will probably cause stress. And in such a situation, if the price drops, you will not be able to handle yourself anymore. Because then your own lifestyle depends on that money.
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Today at 07:26:05 PM
 #16737

Everyone has a different approach to investing in BTC, including buying BTC. Some people like to buy BTC when the price is down, while others like to buy BTC regardless of whether the price is rising or not.

We have different mindsets when it comes to Bitcoin, and we also have different styles of investing. What’s good for you may not be comfortable for other people due to our financial situations. Those who prefer to buy at a lower price are only after a quick profit, and that is gambling because you can’t tell when the market will rise again. While those who believe in its future value continue to buy even when the price drops.

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The most important thing, in my opinion, is that if we intend to invest long-term in BTC, we must be strong enough to hold onto it. Many people fail to invest long-term in BTC, even using DCA strategies and others.

Sure, holding for a long term is about having a good mindset. Using the DCA method doesn’t mean you will be able to hold for a long term, many investors fail to hold when the market goes down despite the fact that they are investing with DCA. So DCA does not determine our success in Bitcoin, you need to have discretionary funds to be able to stay consistent with our accumulation, and avoid any unnecessary risks.

R


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Today at 07:34:58 PM
 #16738

It’s easy to talk about DCA when the market is stable or up, but when there’s a big drop—like the $80,000 event—fear sets in. The “silent holding” phase you mentioned is basically a survival strategy. People stop buying because they’re afraid of a drop, so they hold onto their remaining savings to avoid panicking. From an emotion control perspective, just standing still and not selling is a huge success.

DCA is designed for both good and bad times. The real magic of this strategy is to accumulate more sats when prices are down, which lowers your average cost. If someone stops buying during a drop and only starts buying when things feel “safe” again, they’re not following the DCA strategy—they’re just trying to read the market emotionally.

Riding out a downturn without selling is great for protection, but having the courage to keep buying when everyone else is silent is where real, life-changing success lies..
In fact, how much do you think the increase or decrease in the price of Bitcoin affects the investment of those who are investing in Bitcoin using the DCA method?
I think if the mentality is right, then investors in the DCA method do not care much about this change in price.
When a person operates DCA in the long term, he should be familiar with the different prices of Bitcoin, that is, when the price is at its lowest level, he will operate DCA, when the price is at its middle level, he will operate DCA, and when it is at its highest level, he will operate DCA. Basically, this is called the DCA investment process where through the price adjustment event, we see an average price of Bitcoin which is much lower than the price of Bitcoin in the Bitcoin bull market.
So in my opinion, I do not think that those who are used to investing in the DCA method should worry too much about this change in the price of Bitcoin.

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Today at 09:11:58 PM
 #16739

Everyone has a different approach to investing in BTC, including buying BTC. Some people like to buy BTC when the price is down, while others like to buy BTC regardless of whether the price is rising or not.

We have different mindsets when it comes to Bitcoin, and we also have different styles of investing. What’s good for you may not be comfortable for other people due to our financial situations. Those who prefer to buy at a lower price are only after a quick profit, and that is gambling because you can’t tell when the market will rise again. While those who believe in its future value continue to buy even when the price drops.

‎I agree with you about what you said about investors having  different mentality and  risk tolerance. But what I don't agree with you,  was when you  classified buying the dip strategy as gambling. It is better to know that gambling is when someone buys and sells within a short timeframe in order to get quick profits (Trading). For example John took a long position at the price of 60k and he is expecting to take profit at 63k (so that is the speculation), so they easily incur losses due to short term high volatility. An investor can see the dip as another means to accumulate more Bitcoin (with spare cash) and hold whilst still performing their normal DCA strategy because they believe in long term value.
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