Does the DCA strategy inspire newbies to invest?

[taufik123]

-snip-
We can be bullish or skeptical about bitcoin, and we can take a stake in bitcoin in accordance with our conviction regards to our beliefs about bitcoin, and historically it has been quite problematic to not get off of zero in regards to allocating into bitcoin. Bitcoin's investment thesis does not seem to be getting any weaker with the passage of time, even if the steepness of its UPpity curve might be becoming less steep.

It's about a personal belief to stay optimistic about Bitcoin or maybe those who are too weak will show a skeptical attitude.
Bitcoin is indeed a "belief-driven" one which means that it is always based on one's personal beliefs, not like stocks that have a profit laboratory, a clear loss.

Especially now that the price of Bitcoin dropped drastically and touched the price of $78k again, some skeptics started to panic and sell their holdings.

And about the investment thesis it does not weaken, but the slope is getting sloping and logically if you look at the history of the past,

2013–2017 = 100x still possible
2018–2021 = 10–20x
2024–2026 = maybe only 2–5x

Because with Big market cap, it is increasingly difficult to rise vertically, now bitcoin is starting to change from "high risk, high return" → "digital gold / store of value".
which means that the upside is certainly still there but some expectations to increase 100x cannot be done anymore, the increase only happens more realistically 2x-5x it is already quite high.

[Cleanslate_]

Yes it does since it is very simple and easy to start with in as much as you have your discretionary income to start with, no matter how little you can start and build your emergency funds alongside within 3-6months and other backup funds as long as you are interested and mapped out your plan with the funds with you and it is not going to affect your monthly expenses, dca allows you to invest daily, weekly and monthly consistently as long as your discretionary income is available.

Discretionary income is the leftover fund after all your monthly expenses have being mad, which you can use to catch fun and get unnecessary things for yourself, therefore if being invested into bitcoin will be beneficial to you at the long run of the investment.

[KawasakiNinja1_]

DCA has always been the best advised strategy for not just newbies but for almost everyone who wants to invest in Bitcoin without feeling the price impact too much. Even if the price is dropping, it's safer that way, and you can just be buying with the little money that the person has left from his spending schedule, or better still, make a budget for it and take your time to buy in installments.

Indeed as the saying goes, if someone wants to organize their life beautifully, they need to be educated as well as hardworking, similarly I would say that if an investor wants to be successful in Bitcoin investment, he should choose the DCA strategy with a long-term goal. In fact, all the easiest methods of Bitcoin investment that you or I know are included in this method. An example of the countless advantages hidden in this method is that even if the price decreases, your purchase amount will remain the same even if the price increases, i.e. only the amount of BTC savings will vary but the supply of the various local currencies Naira, Euro, irr used to purchase this currency will remain the same.

[JayJuanGee]

-snip-
We can be bullish or skeptical about bitcoin, and we can take a stake in bitcoin in accordance with our conviction regards to our beliefs about bitcoin, and historically it has been quite problematic to not get off of zero in regards to allocating into bitcoin. Bitcoin's investment thesis does not seem to be getting any weaker with the passage of time, even if the steepness of its UPpity curve might be becoming less steep.

It's about a personal belief to stay optimistic about Bitcoin or maybe those who are too weak will show a skeptical attitude.
Bitcoin is indeed a "belief-driven" one which means that it is always based on one's personal beliefs, not like stocks that have a profit laboratory, a clear loss.

Especially now that the price of Bitcoin dropped drastically and touched the price of $78k again, some skeptics started to panic and sell their holdings.

And about the investment thesis it does not weaken, but the slope is getting sloping and logically if you look at the history of the past,
2013–2017 = 100x still possible
2018–2021 = 10–20x
2024–2026 = maybe only 2–5x

Because with Big market cap, it is increasingly difficult to rise vertically, now bitcoin is starting to change from "high risk, high return" → "digital gold / store of value".
which means that the upside is certainly still there but some expectations to increase 100x cannot be done anymore, the increase only happens more realistically 2x-5x it is already quite high.

Sure, it is likely the case that the upward slope in bitcoin will continue to get smaller, and it takes a while for various kinds of adoption, yet at the same time, bitcoin it is only around less than 1/1000 of its addressable market... The current addressable market is around $1 Quadrillion or more and the addressable market will likely continue to grow both through the debasement of various currencies, but also expanding markets.. so for example when electricity was invented/discovered (harnessed) markets got bigger from that, the same is true with almost any paradigm shifting technologies, and the technology does not even need to be paradigm shifting for it to cause markets to get BIGGER.

Belief is coupled by understanding of various fundamentals that give value to bitcoin related to sound money and innovative other uses that come from being able to transmit information and value in decentralized ways.

Bitcoin has many use cases, even though some of them might be being supresed including ongoing attacks on it from status quo powers that be (such as governments, financial institutions and/or status quo rich).

It could take 50 to 200 years to resolve various battles related to bitcoin, and yeah of course, bitcoin has to not die in the meantime.  There are likely a lot of people who are quite surprised that bitcoin has gotten as far as it has gotten in only about 17 years... and all of its network effects (in the framework set out by Trace Mayer) continue to grow, even if there are ongoing battles and perhaps even set backs in some of the areas.

[xiamin]

Discretionary income is the leftover fund after all your monthly expenses have being mad, which you can use to catch fun and get unnecessary things for yourself, therefore if being invested into bitcoin will be beneficial to you at the long run of the investment.

Use discretionary income to accumulate Bitcoin.Bitcoin is a very important asset. The value of Bitcoin will increase a lot in the future. New investors need to know about Bitcoin investment because they are not very knowledgeable yet because the price of Bitcoin is volatile. Every price is the right determinant for buying Bitcoin because currently the price of Bitcoin is very low.

[Tungbulu]

Use discretionary income to accumulate Bitcoin.Bitcoin is a very important asset. The value of Bitcoin will increase a lot in the future. New investors need to know about Bitcoin investment because they are not very knowledgeable yet because the price of Bitcoin is volatile. Every price is the right determinant for buying Bitcoin because currently the price of Bitcoin is very low.

the truth is that, irrespective of the fact that Bitcoin is a pretty great investment opportunity with lots of potentials, not everyone can invest in it, not because they doubt its potential but because of other reasons, maybe because of its volatility or the need for quick profits. there people who are only seeking for quick and easy profits and such a person should't be advised to invest in bitcoin because rather than getting profits as intended, they'll definitely land themselves in severe losses.

[bangjoe]

Discretionary income is the leftover fund after all your monthly expenses have being mad, which you can use to catch fun and get unnecessary things for yourself, therefore if being invested into bitcoin will be beneficial to you at the long run of the investment.

Use discretionary income to accumulate Bitcoin.Bitcoin is a very important asset. The value of Bitcoin will increase a lot in the future. New investors need to know about Bitcoin investment because they are not very knowledgeable yet because the price of Bitcoin is volatile. Every price is the right determinant for buying Bitcoin because currently the price of Bitcoin is very low.

This cannot be said to be very low because we still have the potential for a decline, if bitcoin has fallen more than 50% from its ATH then it can be said to be very low, we have to learn from previous cycles, decisionary income is highly recommended for purchasing bitcoin, whether you buy it with DCA or not, the most important thing is HOLD, the issue of purchasing strategy can be subjective, depending on which strategy you are comfortable with, but DCA is highly recommended if you have large funds to buy straight away, have a low mentality because of fluctuations, I use the strategy DCA and it is very effective for me to this day.

[Olatundespo]

Use discretionary income to accumulate Bitcoin.Bitcoin is a very important asset. The value of Bitcoin will increase a lot in the future. New investors need to know about Bitcoin investment because they are not very knowledgeable yet because the price of Bitcoin is volatile. Every price is the right determinant for buying Bitcoin because currently the price of Bitcoin is very low.

the truth is that, irrespective of the fact that Bitcoin is a pretty great investment opportunity with lots of potentials, not everyone can invest in it, not because they doubt its potential but because of other reasons, maybe because of its volatility or the need for quick profits. there people who are only seeking for quick and easy profits and such a person should't be advised to invest in bitcoin because rather than getting profits as intended, they'll definitely land themselves in severe losses.

This is a correct statement, some traders are looking for quick and easy profits and they are responsible for creating fear in the market. Bitcoin price volatility is caused by this class of traders, but a great structure that has turned Bitcoin volatility into an easy investment through the DCA strategy. I have done a review of this Bitcoin progress and I feel that most of the small investors are accumulating Bitcoin gradually and every week, so it has become a store of value in a very short period of time.

You will see people floating around in different directions among those who are looking for quick and easy profits and they themselves are unstable and most of the time they put their funds at risk and lose money.

[taufik123]

-snip-
It could take 50 to 200 years to resolve various battles related to bitcoin, and yeah of course, bitcoin has to not die in the meantime.  There are likely a lot of people who are quite surprised that bitcoin has gotten as far as it has gotten in only about 17 years... and all of its network effects (in the framework set out by Trace Mayer) continue to grow, even if there are ongoing battles and perhaps even set backs in some of the areas.

For another 50 years we may still be able to see how Bitcoin develops in the future, but in the next 200 years our children and grandchildren
will feel how Bitcoin becomes a digital currency that makes a big change in the way human assets are paid and stored, all kinds of disputes may be overcome, but will there be other disputes?

Of course, it will be a question for everyone, whether in the future Bitcoin will really be a perfect digital currency and its number is also limited and has been mined by all.

Bitcoin is still in its teens today, but it provides a lot of solutions at its young age, just waiting for Bitcoin to mature and change everything.

[JayJuanGee]

-snip-
It could take 50 to 200 years to resolve various battles related to bitcoin, and yeah of course, bitcoin has to not die in the meantime.  There are likely a lot of people who are quite surprised that bitcoin has gotten as far as it has gotten in only about 17 years... and all of its network effects (in the framework set out by Trace Mayer) continue to grow, even if there are ongoing battles and perhaps even set backs in some of the areas.

For another 50 years we may still be able to see how Bitcoin develops in the future, but in the next 200 years our children and grandchildren
will feel how Bitcoin becomes a digital currency that makes a big change in the way human assets are paid and stored, all kinds of disputes may be overcome, but will there be other disputes?

Even if we have a vision about the directionality of bitcoin in a 50-200 year or longer timeline, we are largely just ballparking those ideas and they do not necessarily affect us in meaningful ways.. even though it can be good to have some ideas about what might play out in longer timelines.

Many times we are investing 4-10 years or longer, yet surely if someone is in his teens or even early 20s and still living with his parents, then he might not even be preparing for his financial future as much as someone who might be already working or even a college student who might be considering possible careers (or the kinds of training that he would like to get), so then even guys who are in their mid-to-late 20s, might think about matters differently from guys in their mid 30s as compared with guys in their mid 40s, mid-50s or mid-60s.

So yeah we talk about investment timelines of 4-10 years or longer, yet the actual investment timelines and the objectives are going to relate more specifically to the person's particulars.

Another thing that we presume is that guys involved in this forum or this thread may well be in their early bitcoin accumulation stages, and surely that may well be generally true that guys have to work their way through their accumulation journey before they might change some of their practices and/or perspectives regarding how to treat their bitcoin.. and in this thread if we are talking about DCA, then we are referring to guys in their early bitcoin accumulaiotn stages... so whether a guy had already been investing in other assets when he comes to bitcoin or guys might have bitcoin as their first investment, yet in either case, they can employ DCA strategies to establish their bitcoin position...

Even a guy who might be in his mid-30s with a $30k income who had already spent 10 years investing in other assets and accumulated a $45k investment portfolio (perhaps in index funds), if he is new to bitcoin maybe he DCAs $100 per week with his regular income, yet he also might consider extracting 1/3 of his already existing investment and putting it into bitcoin... so let's say that the guy decides to put $15k of his already existing investment into bitcoin, he still might choose to DCA a portion of that into bitcoin - alternatively, if he does not want to sell any of his already existing investment, then maybe he discontinues investing into that, and instead starts to invest around $200 per week into bitcoin, and he might not be able to invest more aggressively into bitcoin based on his current finacial status even if he might be trying to still build up his bitcoin investment to catch up to the size of his traditional (non-bitcoin) investment.

Of course, it will be a question for everyone, whether in the future Bitcoin will really be a perfect digital currency and its number is also limited and has been mined by all.

Bitcoin is still in its teens today, but it provides a lot of solutions at its young age, just waiting for Bitcoin to mature and change everything.

We are ongoingly getting used to bitcoin, and surely I suggest the 50-200 or longer timeline in order to suggest that it could take a long time for various battles to play out, even though most of us are likely planning in much shorter timelines.

Even the relatively younger guy who is in his mid-20s and maybe graduated from college and was able to get placed into a decently good job with advancement (promotion) potential, he still might be considering a better case scenario of getting to fuck you status in 25-30 years.  I do think that with traditional investments prior to bitcoin, there have been all kinds of cases where normies work for 30-40 years with perhaps an expectation of getting to fuck you status (where they can quit their work and live off of their investments), and many normies may well invest smartly that whole time and still not get to a point that they can quit their job and live off of their investments, even after 30-40 years.

It seems to me that it could well be the case that bitcoin might give us greater chances of being able to reach fuck you status and maybe we can reduce our investment timeline down to 15-20 years rather than 30-40 years, yet it is still not guaranteed, so we merely do our best.. and still recognize that building wealth tends to take time, even if we might be able to figure out some ways to be able to invest at relatively high rates of our income that might get into the 20% to 25% territories.

[arwin100]

-snip-
It could take 50 to 200 years to resolve various battles related to bitcoin, and yeah of course, bitcoin has to not die in the meantime.  There are likely a lot of people who are quite surprised that bitcoin has gotten as far as it has gotten in only about 17 years... and all of its network effects (in the framework set out by Trace Mayer) continue to grow, even if there are ongoing battles and perhaps even set backs in some of the areas.

For another 50 years we may still be able to see how Bitcoin develops in the future, but in the next 200 years our children and grandchildren
will feel how Bitcoin becomes a digital currency that makes a big change in the way human assets are paid and stored, all kinds of disputes may be overcome, but will there be other disputes?

Of course, it will be a question for everyone, whether in the future Bitcoin will really be a perfect digital currency and its number is also limited and has been mined by all.

Bitcoin is still in its teens today, but it provides a lot of solutions at its young age, just waiting for Bitcoin to mature and change everything.

This is great projection on Bitcoin, since somehow this coin is so young and even at this stage it already solve lots of problem, although this is not perfect as what other people look at.

In that 50 years of possible existence we provably see Bitcoin matures more, but that 200 years is like hard or impossible to guess because we don't know what future challenges or other legal disputes will come. What we probably know for now is Bitcoin only have limited supply and this make Bitcoin so unique if we compare it to other assets in the market.

Whether they like it or not Bitcoin will continue to become a importance piece on financial system in future. What matter now is on how we adopt and build our positions now.

[Pablo-wood]

the truth is that, irrespective of the fact that Bitcoin is a pretty great investment opportunity with lots of potentials, not everyone can invest in it, not because they doubt its potential but because of other reasons, maybe because of its volatility or the need for quick profits. there people who are only seeking for quick and easy profits and such a person should't be advised to invest in bitcoin because rather than getting profits as intended, they'll definitely land themselves in severe losses.

Some persons can be thought discipline on how to target long term investment plans regardless. Most people who switched to bitcoin investment were once quick profit investors, engaging in Ponzi, shitcoin airdrops , bounties and all until they all failed and the switched to bitcoin investment having seen it's long term. Reward to investment ratio. It's a thing that anyone can adapt to it just a matter of then tasting how it works themselves and they will automatically become ambassadors of bitcoin long term investment goal.

[Joeboy]

Discretionary income is the leftover fund after all your monthly expenses have being mad, which you can use to catch fun and get unnecessary things for yourself, therefore if being invested into bitcoin will be beneficial to you at the long run of the investment.

Use discretionary income to accumulate Bitcoin.Bitcoin is a very important asset. The value of Bitcoin will increase a lot in the future. New investors need to know about Bitcoin investment because they are not very knowledgeable yet because the price of Bitcoin is volatile. Every price is the right determinant for buying Bitcoin because currently the price of Bitcoin is very low.

How did you come about with such a conclusion? Don't be so quick to making lame assumptions, when nothing is for sure about how Bitcoin will perform in the future, but then we have reasons to be optimistic since Bitcoin historically performance was a tremendous one.... And yeah, coz of this uncertainty of the future of Bitcoin, the safest approach is for folks to always stay within their financial limits.. And then their investments should be done only with cash that they can comfortably afford to loose....

[xiamin]

Discretionary income is the leftover fund after all your monthly expenses have being mad, which you can use to catch fun and get unnecessary things for yourself, therefore if being invested into bitcoin will be beneficial to you at the long run of the investment.

Use discretionary income to accumulate Bitcoin.Bitcoin is a very important asset. The value of Bitcoin will increase a lot in the future. New investors need to know about Bitcoin investment because they are not very knowledgeable yet because the price of Bitcoin is volatile. Every price is the right determinant for buying Bitcoin because currently the price of Bitcoin is very low.

How did you come about with such a conclusion? Don't be so quick to making lame assumptions, when nothing is for sure about how Bitcoin will perform in the future, but then we have reasons to be optimistic since Bitcoin historically performance was a tremendous one.... And yeah, coz of this uncertainty of the future of Bitcoin, the safest approach is for folks to always stay within their financial limits.. And then their investments should be done only with cash that they can comfortably afford to loose....

Historically Bitcoin has performed well, but how can you be sure that historical events will repeat themselves in the future? Don't be lame assumptions to compare past performance to future performance because investing emotionally will lose a lot. Keep discretionary income while investing because you don't know what will happen in the future. Invest the amount of funds that you won't be poor if you fully lose.

[Tongley]

-snip-
It could take 50 to 200 years to resolve various battles related to bitcoin, and yeah of course, bitcoin has to not die in the meantime.  There are likely a lot of people who are quite surprised that bitcoin has gotten as far as it has gotten in only about 17 years... and all of its network effects (in the framework set out by Trace Mayer) continue to grow, even if there are ongoing battles and perhaps even set backs in some of the areas.

For another 50 years we may still be able to see how Bitcoin develops in the future, but in the next 200 years our children and grandchildren
will feel how Bitcoin becomes a digital currency that makes a big change in the way human assets are paid and stored, all kinds of disputes may be overcome, but will there be other disputes?

Of course, it will be a question for everyone, whether in the future Bitcoin will really be a perfect digital currency and its number is also limited and has been mined by all.

Bitcoin is still in its teens today, but it provides a lot of solutions at its young age, just waiting for Bitcoin to mature and change everything.

It is expected that this will happen. I will give you a real example in this regard, my brother and I are currently very regretful about one thing, my grandfather's father had a lot of property at that time. But at that time he sold it for a small amount of money. Now the value of that property has increased a lot. Now many big companies and hospitals etc. have been built in that place due to which the value of that property has increased a lot. Now we abuse my grandfather and my grandfather's father a lot, even though they are not alive at the moment, we still abuse them for their activities. If they had held on to these assets at that time, then today we would all have been able to benefit a lot.

The same is expected to happen in the case of Bitcoin. Bitcoin is still in its infancy. Think about how Bitcoin's value can be when people all over the world start accepting Bitcoin. At present, we need to buy and hold Bitcoin and leave it as an asset for our grandchildren and grandchildren in the future. If this is done, then maybe you will not have to listen to the scolding in the future. As we are currently scolding my grandfather and my grandfather's father.

However, if those who are younger today, such as 20 years or 30 years old, start investing and are able to save a lot of Bitcoin and the investment period ends. Then they can withdraw some amount of profit and enjoy it.

[Tungbulu]

Some persons can be thought discipline on how to target long term investment plans regardless. Most people who switched to bitcoin investment were once quick profit investors, engaging in Ponzi, shitcoin airdrops , bounties and all until they all failed and the switched to bitcoin investment having seen it's long term. Reward to investment ratio. It's a thing that anyone can adapt to it just a matter of then tasting how it works themselves and they will automatically become ambassadors of bitcoin long term investment goal.

lol you make it sound so easy you know. Folks who’s been involved in ponzi, shotcoin investing, trading and all of them short term shits would in fact be the ones that’ll find it even more difficult to adapt to Bitcoin investing. Yes they can adapt with time, at least that’s not impossible but just how long is it going to take them to? Some even lose patience and decide to try out some quick move since their brains are already wired to take advantage of a quick win when they see one, it’ll take a much longer time to be able to adapt, a longer time of constant involvement in accumulation, studying and learning more about bitcoin until they’re able to reshape their mindset about investment.

[Tmoonz]

Use discretionary income to accumulate Bitcoin.Bitcoin is a very important asset. The value of Bitcoin will increase a lot in the future. New investors need to know about Bitcoin investment because they are not very knowledgeable yet because the price of Bitcoin is volatile. Every price is the right determinant for buying Bitcoin because currently the price of Bitcoin is very low.

the truth is that, irrespective of the fact that Bitcoin is a pretty great investment opportunity with lots of potentials, not everyone can invest in it, not because they doubt its potential but because of other reasons, maybe because of its volatility or the need for quick profits. there people who are only seeking for quick and easy profits and such a person should't be advised to invest in bitcoin because rather than getting profits as intended, they'll definitely land themselves in severe losses.

There is nothing wrong advising people who are seekers of quick money to invest in Bitcoin, what you tell them about Bitcoin and how you say it is what matters and it is their decision not to accept your advice, it is better you than them than not telling them so that tomorrow they can realize that they were once advised to invest in Bitcoin and not for quick profit, something how you talk to people can automatically change their bad orientation, you can advise a trader to become an investor nothing is impossible in this regards and they can end up becoming an investor.

[betswift]

Some persons can be thought discipline on how to target long term investment plans regardless. Most people who switched to bitcoin investment were once quick profit investors, engaging in Ponzi, shitcoin airdrops , bounties and all until they all failed and the switched to bitcoin investment having seen it's long term. Reward to investment ratio. It's a thing that anyone can adapt to it just a matter of then tasting how it works themselves and they will automatically become ambassadors of bitcoin long term investment goal.

lol you make it sound so easy you know. Folks who’s been involved in ponzi, shotcoin investing, trading and all of them short term shits would in fact be the ones that’ll find it even more difficult to adapt to Bitcoin investing. Yes they can adapt with time, at least that’s not impossible but just how long is it going to take them to? Some even lose patience and decide to try out some quick move since their brains are already wired to take advantage of a quick win when they see one, it’ll take a much longer time to be able to adapt, a longer time of constant involvement in accumulation, studying and learning more about bitcoin until they’re able to reshape their mindset about investment.

They should analyze their proifts / losses on a distance, say, Q1 of the year or so.

Then they would be able to see the difference properly to understand why they need this rewiring at all.

[PhilosopherKing]

Some persons can be thought discipline on how to target long term investment plans regardless. Most people who switched to bitcoin investment were once quick profit investors, engaging in Ponzi, shitcoin airdrops , bounties and all until they all failed and the switched to bitcoin investment having seen it's long term. Reward to investment ratio. It's a thing that anyone can adapt to it just a matter of then tasting how it works themselves and they will automatically become ambassadors of bitcoin long term investment goal.

lol you make it sound so easy you know. Folks who’s been involved in ponzi, shotcoin investing, trading and all of them short term shits would in fact be the ones that’ll find it even more difficult to adapt to Bitcoin investing. Yes they can adapt with time, at least that’s not impossible but just how long is it going to take them to? Some even lose patience and decide to try out some quick move since their brains are already wired to take advantage of a quick win when they see one, it’ll take a much longer time to be able to adapt, a longer time of constant involvement in accumulation, studying and learning more about bitcoin until they’re able to reshape their mindset about investment.

They should analyze their proifts / losses on a distance, say, Q1 of the year or so.

Then they would be able to see the difference properly to understand why they need this rewiring at all.

Let me be frank with you, even if they review their profit and loss overtime it still will not change anything. These traders and shitcoiners knows that they are losing, but impatience and un-availability of mindset for long term keep them trapped in the same destructive behavior and they keep on repeating the same mistakes again and again.

What need change is there mindset and their unending cravings for fast profits. Given enough time in bitcoin, their perspective toward bitcoin can gradually change as they will begin understanding how bitcoin really works.

And if they are just too dumb that they can't do without shitcoin, they could reduce their exposure to a max of 10% and use the rest to long term investing bitcoin.

[UpTober]

I think that for new investors who have been holding BTC for many years, using the DCA strategy is the easiest, best and safest. Because as a beginner, your biggest enemy is emotion, timing, overthinking and overconfidence. And because of all these problems, beginners usually buy at the top of the price but later sell at the dip because of the fear of the price falling. But DCA neutralizes these problems to a great extent. That's why I always advise beginners to use the DCA strategy and I follow this strategy myself.

The DCA strategy doesn't stop newbies from making of selling whenever emotions set in , especially during the dip. Having a good understanding of how the market works and also the discipline to be able to hold bitcoin for a long term. The strategies used isn't what that is going to stop an investor for making emotional decisions during the dips. As an investor can be using lump sum buying and still be able to hold bitcoin for a long term while another investor that is using DCA strategy may not be able to hold for long term due to lack of discipline and the fear of losing our. However the DCA strategy is one of the best strategy, although it has it pros and cons like every other strategies.

It is at least clear that DCA is not an emotion control machine, that is, if an investor uses DCA and immediately starts thinking that his emotions will be automatically controlled, then this is a completely wrong idea. It is very important to create a realistic framework by understanding his limitations. Initially, some investors have the idea that if they invest following the DCA strategy, they will not make any mistakes, rather, what they will do is right, but in reality this is not right because if an investor does not consider his income, expenses, remaining money, possible urgent needs, form an emergency fund, or decide not to sell the investment due to the possible price changes, then he can sell his investment at any time. That is why discipline and management are more important than strategy. There are many investors who invest relatively large amounts of money and still they can hold their investment for years, while there are some investors who invest little by little and cannot hold it for long and suddenly they have to sell it, the only reason for which is lack of proper management.  DCA is certainly an effective strategy for all types of investors, but only through proper management and long-term investment planning.

this is a very real issue and extremely important for beginners, at the beginning everyone starts accumulating bitcoin through the DCA method with excitement and patience feels easy, but over time as the portfolio grows it starts to look big in their own eyes, that is when greed emotions and restlessness begin to take control and it feels like taking a little out will not really matter, this is where the real problem starts, without discipline and self control long term goals can be easily destroyed, the dca strategy only truly works for those who can stay firm in their decisions, the market will always move up and down and that is normal,, but touching the investment again and again slowly defeats the whole purpose of accumulation, i believe beginners should be mentally clear from the start that this investment should not be touched until a specific goal is reached, if someone can handle this pressure and keep their emotions under control then achieving long term success through the DCA strategy is absolutely possible..

Investing is a journey, especially when it involves assets that are as volatile as Bitcoin, which is why folks should at all time consider its long term trajectory. During this long term journey, a lot can happen within the short term, a lot of distractions can occur and only those who are focused on the long term goal can be able to navigate through those obstacles and distractions. This is the exact reason why it’s important for every investor to first set their goals straight and at all time focus on that goal, because it is that goal that influences every decision that they make during the journey. It’s only when investors allow themselves to be distracted from their goal that they’ll be able to tamper with their investment all because of short term benefits. Whether investors are investing with the DCA strategy or any other strategy, the key is keeping your focus in the long term goal.

An important point to be discussed here is that DCA investment does not make an investor disciplined, rather DCA investment becomes disciplined only when an investor can at least ensure that he should invest such an amount consistently and for emergency needs, he should form such a fund so that he does not have to sell his investment in the future. We can bring some investors as an example here who have increased the investment amount step by step after starting but the problem arose when they faced financial problems and at that time they had to sell due to lack of emergency funds, so what is the important point here? The important point here is that we have to ensure such an amount for continuous investment that will keep us stress-free as well as we have to form an emergency fund so that we do not have to sell our investment in case of sudden need.