Does the DCA strategy inspire newbies to invest?

[Alonso_]

DCA strategy has been the reason that newbies had investing aggressively with the thought that they will not lose all that have invested with and with DCA strategy it has inspired so much to investors and only newbies because there are still investors that are yet invest because they are afraid of losing all the have invested into but for the help of DCA strategy and the availability of discretionary income life has been easier for all newbies because the DCA strategy has been there to assure every investors that they will not lose all the money they have invested with and still DCA strategy give rooms to newbies to be buying gradually by gradually.

I agree that DCA gives newbies room to breathe because it lowers the average cost of their holdings over time without them having to spend hours every day staring at technical analysis or trying to guess the next move, it is a set and forget strategy that prioritizes peace of mind over the high stress of active trading

DCA doesn’t only give newbies room to breath just as you have mentioned in your statement, I think DCA remains the best and adequate strategy for everyone and not just newbies and it’s more manageable and sustainable in the sense that your discretionary income is a available and you can’t wait for the dip and you don’t have so much money to buy through the DCA, which is more sustainable for you it’s the DCA because you can actually do it on a weekly basis when you have a discretionary income, you don’t have to spend hours on technical analysis to buy bitcoin when you already knows the DCA with your discretionary income available.
Fuck Trading, what are you trading when you’re in your bitcoin accumulation stages.

[Witch hunting]

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.

[Johnlomape]

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 give a listening hear to many of the trading ads by big exchanges that are looking for new traders on their platform. I think traders in the crypto space are more successful than those in the forex space. The forex market is very difficult for people to make profits and that is why exchanges and brokers will continue to use attractive advertisement to make people think that trading is easy and everyone can become profitable from trading in the e market. Since you have already learnt your mistaken and you have added carefulness in what you are doing, you are better than 75% of traders that are claiming to know how to make profits from nothing.

[Dzwaafu11]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

DCA strategy is good for investing in Bitcoin, but of course there must be enough money to buy Bitcoin through DCA method. If I do not have a system to provide money, if I invest in DCA method by borrowing, then my investment will not be successful at all, so I want to say that first of all an investor must have a good source of income to invest in Bitcoin. If there is a good source of income, then it will be possible to invest in DCA method from that income and maintain that investment for the long term. However, I would say that DCA method is a good method of investment for beginners.

DCA strategy is the best strategy for bitcoin investment, not only for newbies, even professional do use the DCA because it’s also simple. Furthermore, investor who borrow money to invest will definitely sell that investment in the long run, because the time the investment suppose to take before he or she can get profit is a lot of time, and that is why is always advisable to have source of income before investing in bitcoin, so the investing will be there till the right time to withdraw the money.

[leonair]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

Bitcoin is an investment asset where one can invest according to their investment capacity. There is no requirement of any specific amount to invest. So when one continues to invest according to their capacity, it automatically becomes DCA. So DCA does not encourage newbies to invest in Bitcoin. Bitcoin's structure encourages newbies to invest in Bitcoin. And that's why Bitcoin adoption is growing at a very fast pace and its price is skyrocketing because Bitcoin doesn't have an unlimited supply.

[Scarlett_23]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

DCA strategy is the safest and most comfortable strategy for beginners and those with low income. It is a very good strategy for not only those with low income but also those who are indifferent to investment. It is very fruitful for beginners because many new investors depend on the market and do not understand when to enter the market. This strategy creates opportunities for them to enter the market at any time. As a result, they can enter the market without any fear. The DCA method prevents entry due to fear and greed and it teaches the investor discipline, there is no alternative to the DCA method to maintain continuity of investment. Beginners must apply this method with long-term goals. Otherwise, they will miss the opportunity even if they get it.

[laijsica]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

Bitcoin is an investment asset where one can invest according to their investment capacity. There is no requirement of any specific amount to invest. So when one continues to invest according to their capacity, it automatically becomes DCA. So DCA does not encourage newbies to invest in Bitcoin. Bitcoin's structure encourages newbies to invest in Bitcoin. And that's why Bitcoin adoption is growing at a very fast pace and its price is skyrocketing because Bitcoin doesn't have an unlimited supply.

Yes, you are right. The limited supply is further accelerating the adoption of Bitcoin. For investors, especially newbies, DCA is easier than any other investment strategy, so they can start accumulation Bitcoin. In a capitalist financial system, if you decide to start an investment, you need a huge amount of funds but Bitcoin prioritizes your ability to invest so even a poor investor with a discretionary income of $5 a week can start Bitcoin with the DCA strategy.

[Sonia_123]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

Yes dca does inspire newbies to invest in bitcoin because it allows little by little investment without any stress or pressured on your finance or expenses, it gives room for gradual growth in as much as you have your discretionary income available .

The dca strategy can be used by all investor irrespective of who you are as long as you are comfortable with it , it's not only newbies because it helps you to regularly, persistently and consistently accumulate bitcoin for a long-term of 4-10 years or above , it remains the best and and simple to handle and for a newbie to start with.

[Tungbulu]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

Yes dca does inspire newbies to invest in bitcoin because it allows little by little investment without any stress or pressured on your finance or expenses, it gives room for gradual growth in as much as you have your discretionary income available .

The only thing that can become a major setback for newbies in this case is distractions, lack of discipline and self control, because even if they manage to prioritize consistent DCA and manage to accumulate a sizable amount of Bitcoin, they’ll get to a point where the size of their portfolio may become big in their eyes and they may start feeling like tapping into it even when they haven’t really reached their long term goals. But if they can be able to withstand the pressure and avoid tapping into their investment, then they’ll definitely be able to achieve their long term goals via the DCA strategy.

[Inwestour]

The only thing that can become a major setback for newbies in this case is distractions, lack of discipline and self control, because even if they manage to prioritize consistent DCA and manage to accumulate a sizable amount of Bitcoin, they’ll get to a point where the size of their portfolio may become big in their eyes and they may start feeling like tapping into it even when they haven’t really reached their long term goals. But if they can be able to withstand the pressure and avoid tapping into their investment, then they’ll definitely be able to achieve their long term goals via the DCA strategy.

I think the main danger for beginners in this strategy is not the moment when they decide that their portfolio has become too large, and they need to sell, but the moment when they face a falling market and, according to their strategy, they need to buy a certain amount of coins every week or every month, depending on what they decide for themselves. And when the market falls week after week, sometimes quite significantly, this is exactly the moment when it is hardest to stick to the strategy. When the market is growing, it is much easier to decide up to what price or level you will continue buying, and after that simply wait for your target and sell.

It all sounds simple, but in reality this is not an easy strategy. That is why it is best to define your goals in advance, from what price you start buying and up to what price you continue buying. Then you should have a clear target for when you start selling and in what amounts. All of this should be defined at the very beginning and the goals should not be changed.

[Tungbulu]

I think the main danger for beginners in this strategy is not the moment when they decide that their portfolio has become too large, and they need to sell, but the moment when they face a falling market and, according to their strategy, they need to buy a certain amount of coins every week or every month, depending on what they decide for themselves. And when the market falls week after week, sometimes quite significantly, this is exactly the moment when it is hardest to stick to the strategy. When the market is growing, it is much easier to decide up to what price or level you will continue buying, and after that simply wait for your target and sell.

It all sounds simple, but in reality this is not an easy strategy. That is why it is best to define your goals in advance, from what price you start buying and up to what price you continue buying. Then you should have a clear target for when you start selling and in what amounts. All of this should be defined at the very beginning and the goals should not be changed.

Only those who do not really understand how the DCA strategy works would react to sudden/short term volatility and/or price movements. Every investor especially those employing the DCA strategy must’ve understood that bitcoin is a long term investment and that they must continue accumulating at their pace regardless of whether the market suddenly goes up or down. So the only way they’ll feel unmotivated to keep on going because there’s a decline in the market would be if they don’t know this. But if they know this and is only investing with their discretionary income, then I don’t think this should be a problem.

[Proty]

I think the main danger for beginners in this strategy is not the moment when they decide that their portfolio has become too large, and they need to sell, but the moment when they face a falling market and, according to their strategy, they need to buy a certain amount of coins every week or every month, depending on what they decide for themselves. And when the market falls week after week, sometimes quite significantly, this is exactly the moment when it is hardest to stick to the strategy. When the market is growing, it is much easier to decide up to what price or level you will continue buying, and after that simply wait for your target and sell.

It all sounds simple, but in reality this is not an easy strategy. That is why it is best to define your goals in advance, from what price you start buying and up to what price you continue buying. Then you should have a clear target for when you start selling and in what amounts. All of this should be defined at the very beginning and the goals should not be changed.

Only those who do not really understand how the DCA strategy works would react to sudden/short term volatility and/or price movements. Every investor especially those employing the DCA strategy must’ve understood that bitcoin is a long term investment and that they must continue accumulating at their pace regardless of whether the market suddenly goes up or down. So the only way they’ll feel unmotivated to keep on going because there’s a decline in the market would be if they don’t know this. But if they know this and is only investing with their discretionary income, then I don’t think this should be a problem.

yes those investors that have a good knowledge of the DCA strategy won't really panic whenever there is a sudden changes in the market. The DCA strategy do offer or act as a hedge against bitcoin volatility since it involves buying of bitcoin at different intervals which also means different prices.
DCA strategy is best strategy as long as volatility is concerned and long term investment, getting to know how the DCA strategy works will help alot. There won't be need to make emotional decisions based a sudden market trends.

[sleepfirefly]

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.

sucks you had to realize that after you’ve already tried it and most likely you’ve alr lost some money but you’re right that trading is hard but that’s what makes it real

if someone tells you all you had to do was to sit all day without doing anything and you’ll earn millions in a day then they’re lying that kind of money doesn’t come from nowhere

[icebar]

yes those investors that have a good knowledge of the DCA strategy won't really panic whenever there is a sudden changes in the market. The DCA strategy do offer or act as a hedge against bitcoin volatility since it involves buying of bitcoin at different intervals which also means different prices.
DCA strategy is best strategy as long as volatility is concerned and long term investment, getting to know how the DCA strategy works will help alot. There won't be need to make emotional decisions based a sudden market trends.

A big advantage of doing DCA is that a new investor can start investing regardless of his poor financial status. Many investors are afraid to invest in Bitcoin when it goes up, while others refrain from investing when the price goes down. In such a situation, even a newbie can start his investment by doing DCA. Regardless of the income level of the investor, he is interested in investing in Bitcoin even if it is a small part of his discretionary income. Moreover, DCA also offers the investor the maximum benefit in terms of risk reduction. While other investors may be concerned about market conditions, it does not put any pressure on those who are doing DCA.