Does the DCA strategy inspire newbies to invest?

[Jody.Drummer]

You said " it is easy to achieve success by Investing in Bitcoin according to the DCA method" and I will like to answer this way,  you can only achieve success in Bitcoin using the DCA method if only you have everything all figured out and you are following the method properly but on the other hand if you don't have everything all figured out you will definitely have setbacks and issues in your process of accumulating Bitcoin which means you can not achieve success even if you are using DCA method.

I agree with you that only following the DCA method is not a surefire way to succeed. But you have strictly said that you need to understand everything first. A new investor does not need to know everything or have everything perfectly figured out in the beginning. If someone has discretionary income apart from their necessary expenses, then they can start with a small amount of money and have the desire to learn. Learning does not stop after starting, after starting, there will be enough time to learn.

Another thing is that having this mentality that you cannot succeed if you do not understand everything is the biggest misconception for beginners. In reality, there are many people here who started without much knowledge. But they are still learning and saving. So saying these misleading things is like scaring beginners, which is not realistic.

In my opinion, whether or not it is successful depends on us who really do it seriously or not, some people only do it by seeing the benefits so that it doesn't last long in contrast to doing it consistently like in a long time not in the near future. For beginners there is no need to know everything about bitcoin because it takes a long time even if it is done, it is good, it just allows investment to be delayed, the option of choice is to do it with funds according to our own abilities and while doing so we also learn too.

[Barikui1]

To achieve success in bitcoin investment, either through DCA or other methods used, the most important thing you just need to figure out is your discretionary income. I don’t know of the everything you are talking about. You don’t need everything to invest through DCA, you only need your discretionary income in place. have your discretionary income figured out and you can confidently invest in bitcoin without having any issues. The only challenge or setback you will face is if you can’t figure out your discretionary income.

I don’t understand what you mean by figure out your discretionary income, please you people should learn to use English very well, are you trying to say that if anyone wants to succeed in bitcoin investment, he should have a discretionary income, if you mean this then is fine but if you are actually talking about figuring out one’s discretionary income I want to ask you what is so difficult to figure out your discretionary income. If you really understand the meaning of discretionary income, you know that it is the leftover money after carrying out all your basic needs so what’s so difficult to figure out there.

Bro try to understand that English is not most people father's language, so if anyone's English is not that clear, don't blame him or her that much because not everyone knows how to speak English very well like you.

Then talking about what he said, I don't think that he is wrong here because if you can figure out your discretionary income as a Bitcoin investor, the chances of your Bitcoin investment being a success is very high, because not everyone can figure out their discretionary income even though it seems very easy to you.
 Do you know that an investor might be unable to figure out his discretionary income because his basic needs is way higher than his income? Or due to mismanagement of funds he might be unable to figure it out, so it's wrong to think that everyone is as perfect as you bro.