Does the DCA strategy inspire newbies to invest?

[johnsaributua]

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This is where for a long term holder DCA strategy remains the best you don’t have to worry about the market conditions because every price you get to see the market you buy according to your DCA strategy and in the long run you get the best average of the market price. But DCA doesn’t stops you from actually accumulating aggressively when there is a very big dip and you wish you seize the opportunity for that

For those with short-term holdings it's certainly unlikely they'll use it because more people are investing long-term and the DCA strategy is their go-to strategy because they no longer feel anxious or concerned about investing with a long-term pattern. Therefore for anyone with income exceeding their needs investing with a long-term pattern is a very appropriate step to protect their money even if it eventually becomes Bitcoin because our income has already accumulated.

So we protect assets no longer save in the Bank which so far many people have switched to the knowledge that people already have or the knowledge about Bitcoin that they already understand so that they currently tend to buy Bitcoin rather than choosing to save in the Bank which ultimately has no advantage in saving but it is different from us buying Bitcoin in the sense that after accumulating of course we will get two advantages in investing with a long-term pattern so it is normal now for those who have income that exceeds the needs spent to invest, which is clear that safe income and profits will be there as long as the market price is always increasing.

[Yablee0]

so let us stop thinking that we must have profit because we do long time investment in bitcoin. Everyone should accept that bitcoin isn't risk free.

Their is no way an investor will stop speaking about making profit as long as Bitcoin investment is concerned, moreover am sure making profits is one of the reasons we do invest at the first place, even though their are some other person's that use it as a store of value and other purposes. And again their is no doubt that Bitcoin is all about taking risk, possibly that is why it's always advisable we invest with an amount we can afford to lose so that even if things didn't goes as planned we wouldn't be totally shattered or depressed.

There is a lot of risk there, that is why it is good that person always settles their family needs and personal need further and then investing ongoingly with whether spare money that is left.

Discretionary funds remain the best and the recommendable funds we can invest with since it's the remaining funds left after every expenses has already been taken care of. However, doing otherwise by investing outside our discretionary funds is a red flag and this can force an investor to sell untimely at the point when real life challenges comes.