Does the DCA strategy inspire newbies to invest?

[Rubuchi]

Fuck Trading, what are you trading when you’re in your bitcoin accumulation stages.

Hi, I like that..

Sometimes we dream that trading is a quick way to get instant money... but I was wrong when I tried it.

We often fall for advertising about trading, so we're quite interested in trying it. Apparently, it's not as good as they advertise.

I'm really hooked.

I don’t think trading is that bad either, it is an optional thing not something to be fucked , trading is something you want to do when you are accumulating or not, it is a different thing entirely and does not have any influence on your investments but a different way of making your small bucks quickly. I don’t see any reason why investing should stop someone from trading if they had the interest and time to trade, they can go ahead and do so and for the lucrative part, I don’t know how lucrative it is but I believe it’s dependent on your level of knowledge about how the market works and how you can take advantage of the opportunity in the market

[JayJuanGee]

Fuck Trading, what are you trading when you’re in your bitcoin accumulation stages.

Hi, I like that..
Sometimes we dream that trading is a quick way to get instant money... but I was wrong when I tried it.

We often fall for advertising about trading, so we're quite interested in trying it. Apparently, it's not as good as they advertise.
I'm really hooked.

I don’t think trading is that bad either, it is an optional thing not something to be fucked , trading is something you want to do when you are accumulating or not, it is a different thing entirely and does not have any influence on your investments but a different way of making your small bucks quickly. I don’t see any reason why investing should stop someone from trading if they had the interest and time to trade, they can go ahead and do so and for the lucrative part, I don’t know how lucrative it is but I believe it’s dependent on your level of knowledge about how the market works and how you can take advantage of the opportunity in the market

The general idea behind DCA involves ongoingly buying bitcoin in order to create a position so it applies best to investing and not to trading.

Trading is not a good idea when it comes to bitcoin, since bitcoin is already one of the best investments that anyone could make, so it does not make sense to sell it with an expectation of buying back cheaper.

If you sell BTC when your goal is to accumulate it, then you are injecting uncertainty in regards to your bitcoin stash size, since the price might go up rather than down, and another thing if you sell instead of continuously buying bitcoin, you inject a waiting element rather than an ongoing buying element.. so it seems pretty dumb to be trading, selling and/or gambling when it comes to building up your bitcoin stash size.

It already tends to take a long time to build up a bitcoin stash size, so why fuck around with selling and/or trading.  Trading sounds like a really bad idea and something that is likely to screw up your investment and your abilities to build up your bitcoin stash size.

This thread is not even about trading, and hopefully not too many guys try to trade their bitcoin rather than staying focused on ongoing buying.. perhaps at least a whole cycle or two on a weekly basis. .and sure, if they are able to accumulate more bitcoin  or to front load their bitcoin investment sooner rather than later, then they might be able to stop or slow down in their bitcoin investing since maybe they would have had reached their accumulation target earlier if they are able to invest more in the beginning.. .which may well be away of supplementing DCA with lump sum buying... in order to accumulate more bitcoin faster..

and even DCA and/or lump sum buying does not necessarily have to involve concerns about price, since investment in bitcoin tends to be 4-10 years or longer.  Traders tend to be unable to commit to longer timelines, and they might not even know what investing is.  They might not even know what bitcoin is, and that is why they try to trade it rather than investing into it.

[Jamestown70]

Fuck Trading, what are you trading when you’re in your bitcoin accumulation stages.

Hi, I like that..

Sometimes we dream that trading is a quick way to get instant money... but I was wrong when I tried it.

We often fall for advertising about trading, so we're quite interested in trying it. Apparently, it's not as good as they advertise.

I'm really hooked.

I don’t think trading is that bad either, it is an optional thing not something to be fucked , trading is something you want to do when you are accumulating or not, it is a different thing entirely and does not have any influence on your investments but a different way of making your small bucks quickly. I don’t see any reason why investing should stop someone from trading if they had the interest and time to trade, they can go ahead and do so and for the lucrative part, I don’t know how lucrative it is but I believe it’s dependent on your level of knowledge about how the market works and how you can take advantage of the opportunity in the market

You’ve not gotten to over Accumulation stage yet and you thinking trading or gambling as another option not to get fucked, I guess you’re trying to outsmart the system to gain your little profit, Bravo. After it has gone sideways from the way you’ve planned it, the excuse you’ll give when asked why you indulged trading while DCAing as a Bitcoiner which you’re not is “you want to grow your discretionary funds so you can grow your portfolio faster”. Mate, sooner or later the little you’ve accumulated will also be used to gamble and it’s going to end up ruining your accumulation process. If you’ve just started accumulating or you’ve been accumulating, because I know for a fact that you’ve not gotten to over Accumulation stage yet, I’ll advice you stay clear from every thought of gambling while DCAing.

[ultrloa]

Fuck Trading, what are you trading when you’re in your bitcoin accumulation stages.

Hi, I like that..
Sometimes we dream that trading is a quick way to get instant money... but I was wrong when I tried it.

We often fall for advertising about trading, so we're quite interested in trying it. Apparently, it's not as good as they advertise.
I'm really hooked.

I don’t think trading is that bad either, it is an optional thing not something to be fucked , trading is something you want to do when you are accumulating or not, it is a different thing entirely and does not have any influence on your investments but a different way of making your small bucks quickly. I don’t see any reason why investing should stop someone from trading if they had the interest and time to trade, they can go ahead and do so and for the lucrative part, I don’t know how lucrative it is but I believe it’s dependent on your level of knowledge about how the market works and how you can take advantage of the opportunity in the market

The general idea behind DCA involves ongoingly buying bitcoin in order to create a position so it applies best to investing and not to trading.

Trading is not a good idea when it comes to bitcoin, since bitcoin is already one of the best investments that anyone could make, so it does not make sense to sell it with an expectation of buying back cheaper.

If you sell BTC when your goal is to accumulate it, then you are injecting uncertainty in regards to your bitcoin stash size, since the price might go up rather than down, and another thing if you sell instead of continuously buying bitcoin, you inject a waiting element rather than an ongoing buying element.. so it seems pretty dumb to be trading, selling and/or gambling when it comes to building up your bitcoin stash size.

It already tends to take a long time to build up a bitcoin stash size, so why fuck around with selling and/or trading.  Trading sounds like a really bad idea and something that is likely to screw up your investment and your abilities to build up your bitcoin stash size.

This thread is not even about trading, and hopefully not too many guys try to trade their bitcoin rather than staying focused on ongoing buying.. perhaps at least a whole cycle or two on a weekly basis. .and sure, if they are able to accumulate more bitcoin  or to front load their bitcoin investment sooner rather than later, then they might be able to stop or slow down in their bitcoin investing since maybe they would have had reached their accumulation target earlier if they are able to invest more in the beginning.. .which may well be away of supplementing DCA with lump sum buying... in order to accumulate more bitcoin faster..

and even DCA and/or lump sum buying does not necessarily have to involve concerns about price, since investment in bitcoin tends to be 4-10 years or longer.  Traders tend to be unable to commit to longer timelines, and they might not even know what investing is.  They might not even know what bitcoin is, and that is why they try to trade it rather than investing into it.

Bitcoin truly works if people would choose to deal with it for long term and not dealing with this coin on trading. The DCA strategy will make everything steady especially if they are looking to add more from their portfolio without trying to miss out if there's sudden movement of the price of Bitcoin happened.

Selling at high price then try to wait for the dip just like what norms think adds on uncertain situation, because with this they might not see any consistent result. Compare if they are eager and thinking straight to deal with accumulating Bitcoin for long term, they provably could see that there portfolio continuous to grow for being consistent on those series of accumulation done.

If they think doing  lump sump strategy, they might fasten up something if they have funds ready to dispose. But key for success for using this strategy is having good patience and long term commitment, not trying to gamble on short term price movement since they are bound to fail if they think about this.

[Tinubu]

The general idea behind DCA involves ongoingly buying bitcoin in order to create a position so it applies best to investing and not to trading.

Trading is not a good idea when it comes to bitcoin, since bitcoin is already one of the best investments that anyone could make, so it does not make sense to sell it with an expectation of buying back cheaper.

If you sell BTC when your goal is to accumulate it, then you are injecting uncertainty in regards to your bitcoin stash size, since the price might go up rather than down, and another thing if you sell instead of continuously buying bitcoin, you inject a waiting element rather than an ongoing buying element.. so it seems pretty dumb to be trading, selling and/or gambling when it comes to building up your bitcoin stash size.

It already tends to take a long time to build up a bitcoin stash size, so why fuck around with selling and/or trading.  Trading sounds like a really bad idea and something that is likely to screw up your investment and your abilities to build up your bitcoin stash size.

This thread is not even about trading, and hopefully not too many guys try to trade their bitcoin rather than staying focused on ongoing buying.. perhaps at least a whole cycle or two on a weekly basis. .and sure, if they are able to accumulate more bitcoin  or to front load their bitcoin investment sooner rather than later, then they might be able to stop or slow down in their bitcoin investing since maybe they would have had reached their accumulation target earlier if they are able to invest more in the beginning.. .which may well be away of supplementing DCA with lump sum buying... in order to accumulate more bitcoin faster..

and even DCA and/or lump sum buying does not necessarily have to involve concerns about price, since investment in bitcoin tends to be 4-10 years or longer.  Traders tend to be unable to commit to longer timelines, and they might not even know what investing is.  They might not even know what bitcoin is, and that is why they try to trade it rather than investing into it.

DCA..(That means you keep buying Bitcoin regularly..to add up to how much you own)..but why not trade it..??  If you sell Bitcoin with the hope of buying back at a cheaper rate, the price might skyrocket (increase) and you can only end up with little or no Bitcoin...so I think the main goal is to build up as many Bitcoin as you can over years.(5-10years or more)..and not weeks or days...

It can be done in two ways..you can either go with (DCA)..that is buying the same amount every week....or you can buy a big chunk now..if the money is available...(Lump sum)..

The bottom line is...you should just keep buying and don't sell.. trading actually makes you think 'short term'....while investing means you're building something permanent....

[Baki202]

Fuck Trading, what are you trading when you’re in your bitcoin accumulation stages.

Hi, I like that..

Sometimes we dream that trading is a quick way to get instant money... but I was wrong when I tried it.

We often fall for advertising about trading, so we're quite interested in trying it. Apparently, it's not as good as they advertise.

I'm really hooked.

I don’t think trading is that bad either, it is an optional thing not something to be fucked , trading is something you want to do when you are accumulating or not, it is a different thing entirely and does not have any influence on your investments but a different way of making your small bucks quickly. I don’t see any reason why investing should stop someone from trading if they had the interest and time to trade, they can go ahead and do so and for the lucrative part, I don’t know how lucrative it is but I believe it’s dependent on your level of knowledge about how the market works and how you can take advantage of the opportunity in the market

You’ve not gotten to over Accumulation stage yet and you thinking trading or gambling as another option not to get fucked, I guess you’re trying to outsmart the system to gain your little profit, Bravo. After it has gone sideways from the way you’ve planned it, the excuse you’ll give when asked why you indulged trading while DCAing as a Bitcoiner which you’re not is “you want to grow your discretionary funds so you can grow your portfolio faster”. Mate, sooner or later the little you’ve accumulated will also be used to gamble and it’s going to end up ruining your accumulation process. If you’ve just started accumulating or you’ve been accumulating, because I know for a fact that you’ve not gotten to over Accumulation stage yet, I’ll advice you stay clear from every thought of gambling while DCAing.

And there is nothing like over Accumulation the truth of it is that is never enough and that is one of the problem this people have I just feel they are not prepared that is why they are doing exactly what they are doing because all they are focused on is the profit and there other things to focused on and what they don't know is that the time for profit will come they only need to be more focused on accumulation before the profit. No matter it may be we should no that they come with there own risk. And since DCA is makes everything easy,  either what the case might, the what should be focused on for them to be strategic and that is the only way things like this can be made different. Most people are focused on stories than what is behind it they need to be calm. And understand what is important.  Some people will not learn because what is what is bringing gambling into the picture they need to do better.

[Bitcoin_Budha]

I don’t think trading is that bad either, it is an optional thing not something to be fucked , trading is something you want to do when you are accumulating or not, it is a different thing entirely and does not have any influence on your investments but a different way of making your small bucks quickly. I don’t see any reason why investing should stop someone from trading if they had the interest and time to trade, they can go ahead and do so and for the lucrative part, I don’t know how lucrative it is but I believe it’s dependent on your level of knowledge about how the market works and how you can take advantage of the opportunity in the market

Trading has never been reliable like accumulating because this is a better way of having profit and staying solid in market trading always have some chaos which can ruin any trader but in case of Bitcoin accumulation things are always under your hands for having profit or keep staying for long run.
I am studying for few weeks and now have enough knowledge to understand about few things I am surely going to be stayed with DCA because this will give me better option of having profit in long run I am managing few things which will help me for having Bitcoin for me and my kids as well because currently they are not able to understand about this, but future is with them.

I will always keep them about changes and things which are important and help them to about Bitcoin and its benefits having Bitcoin has now never been late due to recent decline in price because now this will help me to have accumulated enough.

[Joeboy]

DCA..(That means you keep buying Bitcoin regularly..to add up to how much you own)..but why not trade it..??  If you sell Bitcoin with the hope of buying back at a cheaper rate, the price might skyrocket (increase) and you can only end up with little or no Bitcoin...so I think the main goal is to build up as many Bitcoin as you can over years.(5-10years or more)..and not weeks or days...

It can be done in two ways..you can either go with (DCA)..that is buying the same amount every week....or you can buy a big chunk now..if the money is available...(Lump sum)..

The bottom line is...you should just keep buying and don't sell.. trading actually makes you think 'short term'....while investing means you're building something permanent....

You are wrong, there are basically three major ways of accumulating Bitcoin, which are DCA, Buying the Duo and Lump Sum. DCA is the best and easy to begin with strategy. It involves buying a certain amount of Bitcoin at certain intervals. The amount of Bitcoin being bought with DCA mustn't always be fixed, it can as well me made flexible. Buying the Dip involves to time the market in order to take advantage of price reduction,  so as to buy Bitcoin at a reduced price. And lastly Lump Sum is to buy Bitcoin all at once with the amount of money that is available.....

[Proty]

DCA..(That means you keep buying Bitcoin regularly..to add up to how much you own)..but why not trade it..??  If you sell Bitcoin with the hope of buying back at a cheaper rate, the price might skyrocket (increase) and you can only end up with little or no Bitcoin...so I think the main goal is to build up as many Bitcoin as you can over years.(5-10years or more)..and not weeks or days...

It can be done in two ways..you can either go with (DCA)..that is buying the same amount every week....or you can buy a big chunk now..if the money is available...(Lump sum)..

The bottom line is...you should just keep buying and don't sell.. trading actually makes you think 'short term'....while investing means you're building something permanent....

You are wrong, there are basically three major ways of accumulating Bitcoin, which are DCA, Buying the Duo and Lump Sum. DCA is the best and easy to begin with strategy. It involves buying a certain amount of Bitcoin at certain intervals. The amount of Bitcoin being bought with DCA mustn't always be fixed, it can as well me made flexible. Buying the Dip involves to time the market in order to take advantage of price reduction,  so as to buy Bitcoin at a reduced price. And lastly Lump Sum is to buy Bitcoin all at once with the amount of money that is available.....

yes you are right the DCA and lump sum buying isn't the only strategy that can be used to buy bitcoin. We also have buying the dips. DCA strategy mustn't be done with a fixed amount, an investor can start doing DCA using $50 from discretionary income ,the next time he DCA he can decide to increase or reduce the amount depending on his discretionary income. It must not be fixed amount and also it must be on fixed intervals. It should be done whenever discretionary income is available.