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Author Topic: Does the DCA strategy inspire newbies to invest?  (Read 31790 times)
Ashawowo(OS)
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Today at 03:30:37 AM
 #3161

DCA method makes you consistent in accumulating Bitcoin from time to time the market, it helps newbies to understand the advantage of investment and how they can manage whatever little funds they can afford to invest with, not all their funds.
It  also make them see bitcoin investment as not a get rich quick scheme but a long-term profitable reward investment that need to be done by all.
DCA strategy doesn't make you consistent, consistency comes from personal decision and dedication to your ongoing investment journey. Some investors can be doing DCA and decide to skip a some buying periods out of indiscipline and lack of dedication. So for you to remain consistent, you must make that decision to show more seriousness and not to miss out buying as long as you've your discretionary income available.

DCA only provides the opportunity to buy in bits and spread your Bitcoin buys over a longer period of time to accumulate a sizeable portfolio for yourself on the long-run. It also helps to eliminate the financial burden of having to buy a large quantity of Bitcoin at once. Your level of consistency is a reflection of your dedication to your ongoing accumulation journey.

Fadhil Pahlawadi
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Today at 06:24:34 AM
 #3162

...
DCA strategy doesn't make you consistent, consistency comes from personal decision and dedication to your ongoing investment journey. Some investors can be doing DCA and decide to skip a some buying periods out of indiscipline and lack of dedication. So for you to remain consistent, you must make that decision to show more seriousness and not to miss out buying as long as you've your discretionary income available.
Hehe.
Some say that a DCA strategy can make us consistent?
I think consistency is a personal decision, and it doesn't just apply to this specific area but to all our activities. The result is a consistent attitude.

If we say that the DCA strategy makes it easier for us to accumulate it is certainly true, because this strategy does not have serious conditions for those who carry out the accumulation and this is a fact that both beginners or those who have been involved in this forum for a long time with a small amount does not hinder the interest of all parties who do it and what is needed is our consistent attitude and focus regularly in carrying out it in stages with the reason that sometimes our finances or our discretionary income are needed for other needs.
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