I AM DCA-ING

[buwaytress]

Too long (not really), didn't (really) read. But welcome to the club. Welcome to getting your life back, to finally acknowledging that you aren't a (good) trader, and that you can still load up on BTC over time, perhaps never be as fabulously wealthy as others, but ensuring that if your immediate future isn't so clear, then many cycles down the line, you (or those you care for) can protect yourself against the naughty ill effects of regular money.

The headache-free world of DCA is really quite something to appreciate later on.

[Reredmi896]

I will agree to continue buying and accumulating bitcoin until I reach my target. don't care about price increases, and negative news that will make me skeptical. I will only focus on one point and walk straight to my goal. because my goal is still long as long as there are no problems with my finances, keep collecting if there is a price reduction it is a discount to continue accumulating. and it would slow down buildup if I relied on waiting for price drops. besides that, I am not a psychic who can predict when the price of bitcoin will fall, so as long as there is money that can be allocated for regular purchases there is no obstacle to continuing to accumulate

[Natalim]

Yes such bad traders don't really care about price drop and rise. I love bad traders like you, because I love the DCA method and the DCA method user. This method allows you to buy bitcoins at any time. Whether the Bitcoin market is bullish or bearish doesn't stop you from continuing to invest in your DCA method.

If you can't be good in trading, then do it with DCA and hodling instead. That's the best thing you can do in order to still gain your target profits in the end. While trading can be highly risky that's why a lot of those who enter trading end up quitting, but with DCA you are in full control of your investment without pressuring yourself when to buy and sell. Just buy low and sell high, or even buy all the time, after all losing won't be possible if you don't sell your coins at a lower price compared when you bought it first.

[DubemIfedigbo001]

I got no interest in trading since you can't trade with a relaxed mind, you keep checking for some difficult candles and some events tho close markets and those stuffs, and you risk losing your capital at the slightest mistake. This doesn't make trading bad, I'm just expressing how bad I'm in it too.

I'm not cut out for those stress, I love investing and DCA is my pattern. It allows me accumulate without pressure, slow and steady I'll reach my goal. I have my target in mine and I'm focused and committed to it. I think that's more than enough for me.

[shinratensei_]

If you can't be good in trading, then do it with DCA and hodling instead. That's the best thing you can do in order to still gain your target profits in the end. While trading can be highly risky that's why a lot of those who enter trading end up quitting, but with DCA you are in full control of your investment without pressuring yourself when to buy and sell. Just buy low and sell high, or even buy all the time, after all losing won't be possible if you don't sell your coins at a lower price compared when you bought it first.

many times DCA more profitable than trading anyway.

just look at the recent dumps, I bet the people that did daily trading are losing big time but we the DCA people are just trying to lower average by buying the dip which gonna be good if market suddenly have good news such as big entities massive buys up while the daily trader got long squeezed or short squeezed left and right.

with DCA we don't try to predict the market, we just go with the market flow and it's proven to be the most effective strategy ever.

[KingsDen]

Welcome to getting your life back, to finally acknowledging that you aren't a (good) trader...
...The headache-free world of DCA is really quite something to appreciate later on.

Thanks much, it is indeed a headache-free world and a reassurance that the future is bright.

I got no interest in trading since you can't trade with a relaxed mind, you keep checking for some difficult candles and some events tho close markets and those stuffs, and you risk losing your capital at the slightest mistake. This doesn't make trading bad, I'm just expressing how bad I'm in it too.

Yea, there's no need of being shy to announce that I am a bad trader. Trading isn't fckn about only skills(the ability to read the charts and candlesticks) but has a deeper connotations with emotions.

[DubemIfedigbo001]

I got no interest in trading since you can't trade with a relaxed mind, you keep checking for some difficult candles and some events tho close markets and those stuffs, and you risk losing your capital at the slightest mistake. This doesn't make trading bad, I'm just expressing how bad I'm in it too.

Yea, there's no need of being shy to announce that I am a bad trader. Trading isn't fckn about only skills(the ability to read the charts and candlesticks) but has a deeper connotations with emotions.

Anything that triggers my emotions negatively is mostly prone to be avoided by me, emotional instability can affect you in other walks of life and even have an impact in the way you attend to your daily activities.

I've attempted trading earlier in my life, but I found out that I keep on checking my trading app to ensure I don't loose and this greatly reduced my productivity. Tried it couple of times more, the patterns keeps repeating itself and I knew it was time to quit trading , lest I Might loose my career in the process.

That was arguably one of the best decisions I made as a human being as my life returned to normalcy and I'm doing better as an investor.

[buwaytress]

Welcome to getting your life back, to finally acknowledging that you aren't a (good) trader...
...The headache-free world of DCA is really quite something to appreciate later on.

Thanks much, it is indeed a headache-free world and a reassurance that the future is bright.

I agree, because I believe. But even if it doesn't turn out as bright as you imagine, it's still some kind of adventure you'll be glad to have been a part of. I know we're getting million-dollar projections left and right but even 100,000 is for me a tough nut to crack.

Best thing about DCA is all these projections start to lose meaning after a while and then you actually have headspace for using Bitcoin. I always think too few people use the opportunities available to them to transact.

[AirtelBuzz]

I will agree to continue buying and accumulating bitcoin until I reach my target. don't care about price increases, and negative news that will make me skeptical. I will only focus on one point and walk straight to my goal. because my goal is still long as long as there are no problems with my finances, keep collecting if there is a price reduction it is a discount to continue accumulating. and it would slow down buildup if I relied on waiting for price drops. besides that, I am not a psychic who can predict when the price of bitcoin will fall, so as long as there is money that can be allocated for regular purchases there is no obstacle to continuing to accumulate

Yes before investing we should set a target and make sure that we don't stop investing until we reach that target. Whenever we invest whether the market goes dips or bulls, we focus on our investments so that we are able to keep our investments moving. If we do DCA regularly, we may not have to wait for the market to drop, because this method allows us to buy any amount of Bitcoin at any time. Be it small or big. If one always waits for the dip season in the market then his investment may not grow because he will only wait to buy at low prices instead of investing regularly.

[el kaka22]

This is a good idea, and this is exactly what I do. Normally, when I was in a better financial situation, all I did was as soon as I got my salary, put some of it in bitcoin, doesn't matter if it was 15k doesn't matter if it was 70k, I kept on buying. My idea is that if you keep on doing that, you are going to end up with a good amount in after a few decades.

Now, I know many will think that why wait for many decades when a few meme projects could make you that much money quickly, the answer is that I do not know if that meme project will go to zero or hundred, and I rather not risk my entire savings. Instead, I keep it in bitcoin mostly, a bit of ETH as well, and small amounts of other stuff. This means that, I may not get rich overnight, but I will get rich when I retire, and then I will be able to live a smaller easier basic life.

This isn't always that easy, and it may take a while, but if we could do that then I am sure that we are going to deal with something that will take some time. Hopefully, it will not be too difficult, if we could make it work somehow, then we are going to make money shorter time frame, but we still shouldn't sell and wait as long as we could possibly wait.

[Odusko]

If you can't be good in trading, then do it with DCA and hodling instead. That's the best thing you can do in order to still gain your target profits in the end. While trading can be highly risky that's why a lot of those who enter trading end up quitting, but with DCA you are in full control of your investment without pressuring yourself when to buy and sell. Just buy low and sell high, or even buy all the time, after all losing won't be possible if you don't sell your coins at a lower price compared when you bought it first.

many times DCA more profitable than trading anyway.

just look at the recent dumps, I bet the people that did daily trading are losing big time but we the DCA people are just trying to lower average by buying the dip which gonna be good if market suddenly have good news such as big entities massive buys up while the daily trader got long squeezed or short squeezed left and right.

with DCA we don't try to predict the market, we just go with the market flow and it's proven to be the most effective strategy ever.

Trading and Gambling are the same, I can't forget how I lost $800 in bitcoin within a space of two days, since that time, u keep off from trading since I know that only long term experience trader's makes profits from trading and most newbies just lose in a continuous manner that suggests that we need more break from trading if we must make any progress.
I don't know how those you say they are making constant profits from trading are actually achieving that, because cryptocurrency trading is a hard job that need alot of chart readings to make better decisions, and anything outside that you may be setting yourself up for loses and all your money can be gone within seconds and this make trading an unbearable venture for newbies who's experience is always far from good because of lack of skills, DCA is still easier to do and less risky compared to trading or gambling alike.

[OgNasty]

DCA is the way. Especially when it comes to Bitcoin, dollar cost averaging helps the market as mined coins get regularly dumped and it also helps the buyer not get caught up by their emotions or the news of the day. Even when I am selling, I’m still keeping my dollar cost averaging buys going.

[Lida93]

I AM DCA-ING, I'LL TELL YOU WHY. It's because I'm a bad trader and I KNOW I'M A BAD TRADER. You guys can spot the low and buy in LUMP.

Knowing your place where your strength and weakness lies and seizing it to your optimum advantage in this market is very much of importance than just being able to afford having the money to get into the market. Some people fail to recognize that they are bad traders therefore making a continuous losses to trading with money they could have just through DCAing strategy accumulated so much amount of bitcoin to their wallet for the future.

They feel they can't afford the patient to hold
for long  yet they can't even boast of a travailing trading history instead it's all in red when checked. The first step to succeed with this digital currency is knowing your place. The Dollar Cost Averaging is the easiest route to make profit with bitcoin even for a complete amateur if only they can stay dead by ignoring the news with the emotions that accompanies it by regularly buying whether there's a dip or no dip.

[aoluain]

DCA is the way.

Thats a nice slogan!

DCA is definitely the way especially for those of is who havent a massive lump
of FIAT all at one go to buy but instead have regular steady income and disposable
FIAT to transfer into something more valuable.

And today combining the "Buy the dip" time with DCA is another great opportunity
at Bitcoin is at ~$60k

[dansus021]

You do DCA and you said you are bad trader I mean for me DCA doesn't really need a technique it just need money hahahah. If you have plenty you can continue bad it would give you better result if you know little about techinal analysis, the basic Support and resistance is enough to make DCA even better.

If you buy bitcoin at the support zone then you make decent profit in the future IMO

[AVE5]

For investors who claims to wait for the dip before they could buy more values to their holding, it's really questionable asking how long do they keeping waiting for a low market? What if they market doesn't go so low as expected? Where do you store the funds supposingly to use in buying the bitcoin?
I guess having backed up with all these to why you haven't been DCAING or haven't invested on bitcoin yet is a main course of waste because you could have stand on better chances even when bought at a high price believing higher price is to come in times.
There's is absolutely no loosers in the long term holding investment plans because you only looses when you're impatient to keep holding while the market haven't had a good profitable shape for you yet.

[o48o]

many times DCA more profitable than trading anyway.

just look at the recent dumps, I bet the people that did daily trading are losing big time but we the DCA people are just trying to lower average by buying the dip which gonna be good if market suddenly have good news such as big entities massive buys up while the daily trader got long squeezed or short squeezed left and right.

with DCA we don't try to predict the market, we just go with the market flow and it's proven to be the most effective strategy ever.

Also, in most places you don't have to pay taxes if you are just buying and holding. Until you cash out that is, and in trading, you need to put ton of work to count gains and in some cases record and give up all the data of every transactions and trades you made, and it's up to you to explain every fee and every trade and convert them in your country's fiat money in the report.

It can be lots of work even for professional accoutants, and most of them don't do cryptos.

[FinePoine0]

In my view this person is a successful DCA holder.  Because he has followed the DCA method since 2013 and has maintained his holdings to this day, his 11-year holdings will make him known as the highest-paid and most conservative Bitcoin holder.  Because he was aware of the uniqueness of his holdings, this is the biggest proof that he has held holdings following the DCA method for a long time, which is dear to me.

[mirakal]

many times DCA more profitable than trading anyway.

just look at the recent dumps, I bet the people that did daily trading are losing big time but we the DCA people are just trying to lower average by buying the dip which gonna be good if market suddenly have good news such as big entities massive buys up while the daily trader got long squeezed or short squeezed left and right.

with DCA we don't try to predict the market, we just go with the market flow and it's proven to be the most effective strategy ever.

Also, in most places you don't have to pay taxes if you are just buying and holding. Until you cash out that is, and in trading, you need to put ton of work to count gains and in some cases record and give up all the data of every transactions and trades you made, and it's up to you to explain every fee and every trade and convert them in your country's fiat money in the report.

It can be lots of work even for professional accoutants, and most of them don't do cryptos.

While trading is more risky and more stressful since it requires a lot of time doing market observation and analysis, DCAing and hodling on the other side are quite relaxing and even more exciting most especially if you buy at its very cheap price and accumulate a maximum amount. That's exactly the reason why a lot of failed traders settle on DCAing and hodling, because they can still earn the same amount or even bigger compared to trading if they can be more patient and be wiser on managing their investment.

[Nrcewker]

Yes such bad traders don't really care about price drop and rise. I love bad traders like you, because I love the DCA method and the DCA method user. This method allows you to buy bitcoins at any time. Whether the Bitcoin market is bullish or bearish doesn't stop you from continuing to invest in your DCA method.

I think everyone should treat DCA very seriously. It can really be a good type of investment for the long run. We spent hundreds of dollars daily on restaurants or luxuries. If we save some and invest in the form of DCA, then definitely we will be able to make a good amount of money in a few years or in the next bull run. But instead of a slow and steady process, people run behind greedy approaches for which they aren’t able to make profits and later regret about their decisions and curse the coins and market.