Does the DCA strategy inspire newbies to invest?

[JayJuanGee]

Snip.

Yes there are people that started with the goal of holding bitcoin for a long term but we're unable to due to some factors they fail to account for. Like starting with money that is supposed to used for expenses and also failure to comprehend how bitcoin volatility works , this one thing that push most people to sell at loss during bear season because they have failed to appreciate volatility as part of bitcoin cycle. So it is not all traders that started with the mindset of trading bitcoin.

The failure was due to not taking into account factors such as volatility and funding requirements. High volatility makes many people unprepared to face drastic price changes, they may buy Bitcoin at a high price and then sell it at a low price because they cannot withstand the loss. The wrong mindset in Bitcoin investment can also lead to losses, many people start with the aim of making quick profits, but do not have a clear strategy and cannot manage risks. Therefore, to prevent panic that leads to losses, education about volatility and risk management is needed to help them make wiser decisions when investing in Bitcoin.

It seems to me that if guys come into bitcoin with a mindset (and practice) that they are going to buy bitcoin every week (or whatever their time period) no matter what for at least a whole cycle and perhaps two cycles depending on what happens with the price and the quantity of bitcoin holdings that they had accumulated, then it becomes difficult to understand how they would either be panicking or doing the opposite of what they should be doing.

Sure, guys could have had ended up front loading their bitcoin investment at higher prices, so then they may well end up spending to much time dwelling on their paper losses rather than ongoingly buying bitcoin and bringing down their average cost per BTC.

It is good if there is a plan to ongoingly buy for at least a whole cycle, if not two cycles, to plan to have a job (or income source) for that whole time, and if the income source is lost or the income source diminishes (relative to expenses), then there may well need to be efforts to maintain and/or increase the income source in order to be able to continue to be able to ongoingly, regularly, persistently and consistently buy bitcoin.

So sure, it is likely that some guys come into bitcoin with the wrong mindset and even the wrong plan in regards to establishing their bitcoin position, yet it seems that guys can learn the right mindset and the right kind of practices in order to put a certain level of seriousness to their bitcoin investment.

With any investment (whether bitcoin or anything else) profits are not guaranteed, even if people (even very smart people) are investing with expectations of profits.  Just because an investment (including bitcoin) seems logical or perhaps it seems to be the best place that money can be put, the investment (bitcoin in this case) is still not guaranteed to be profitable in the future.

Since bitcoin is not guaranteed to be profitable, you need to chose your bitcoin allocation size (as compared with other places that you can put time, energy and value) with that in mind.

The future of bitcoin is not set in stones, there is not guarantee that bitcoin will behave the same way and give the exact profit that it gave in the past. Because of this unguaranteed nature people should invest with the money for their food and needs. They should use only the  money that they can afforded loose( discretionary income).

"The money that they can afford to lose" and "discretionary income" are not the same.  The money you cannot afford to lose is a sub-category of discretionary income that you choose it to be.  Sure, there might be times in which a guy is ready, willing and able to invest with 100% of his discretionary income, yet I would imagine those occasions to be rare.. since guys need to provide for savings and/or discretionary consumption and perhaps even any errors that he might have made in his expenses. 

Otherwise the idea is correct in regards to not investing with money beyond your discretionary funds..  Using non-discretionary money is another level of going too far that we should not have to inform guys of such, even though it is possible to that some guys might make mistakes from time to time and end up spending too much, which is part of the justification for keeping sufficient levels of back up funds.

Sure. Many of us consider that if we are putting money into something then we want to also put time and energy into learning about it too.

There are a lot of ways that folks can make mistakes, so there are likely some folks who invest into bitcoin and they have no clue what they are investing in, and there are others who study bitcoin, so we cannot necessarily inspire someone to research into bitcoin, even if they are already investing into it... I know someone who pretty much lost all of his coins based on failure to look into the matter, and the loss was pretty much caused by the sloppiness.  We cannot necessarily save people from themselves.

A beginner that don't have enough knowledge of bitcoin should start buying small so they would not loose much if any dumb mistake is to be made. And along the line they should invest there time and energy in learning about bitcoin and adjust why the buy the more knowledgeable they become.

Even though it should be common sense for any of us to start out a wee bit slower and get used to the new things that we are doing,  yet many of us know people who get impatient and even presume that they know everything that they need to do, which may well cause them to miscalculate and/or come out of the gate too hot.. .. Some newbies might have a bit of a presumption that it is good to start out with a lump sum amount rather than some smaller amount, which then their lump sum ends up being more than they can afford to lose, especially if the BTC price immediate goes down after they put their lump sum into bitcoin.   

So, yeah, starting out slow and then perhaps even regularly increasing the investment amounts from time to time as the comfort gets better and perhaps as the knowledge increases would be a good approach.

It is possible that prior to investing into bitcoin, a good number of guys had not been paying so close attention to their spending and/or making sure that they were building  and maintaining a reasonable amount of back up funds cash, so they also might need to get used to their keeping track of their cashflows in order to also improve their bitcoin investing practices.. and/or adjusting their level of bitcoin investment aggressiveness from time to time.

[Olatundespo]

Even though it should be common sense for any of us to start out a wee bit slower and get used to the new things that we are doing,  yet many of us know people who get impatient and even presume that they know everything that they need to do, which may well cause them to miscalculate and/or come out of the gate too hot.. .. Some newbies might have a bit of a presumption that it is good to start out with a lump sum amount rather than some smaller amount, which then their lump sum ends up being more than they can afford to lose, especially if the BTC price immediate goes down after they put their lump sum into bitcoin.   

So, yeah, starting out slow and then perhaps even regularly increasing the investment amounts from time to time as the comfort gets better and perhaps as the knowledge increases would be a good approach.

For many investors it is possible to start with a lump sum from their existing cash fund. This type of strategy will work well for growing a Bitcoin portfolio but holding this amount alone is not enough. You need to continue accumulating Bitcoin regularly and steadily through discretionary income. It should not be the case that you buy a lump sum of Bitcoin and stop, or wait for the price to increase, which is equivalent to gambling.

Some beginners need to be praised for accumulating Bitcoins when they have a discretionary fund amount of, say, $10 per week. The amount is not a problem for them. They are aware of their limitations and work to increase the fund. Although Bitcoin holdings are very slow, they practice discipline and continue accumulating Bitcoins for one or two cycles without interruption. They carefully keep the necessary things in place to have an emergency fund and keep Bitcoin investing for long.

[Catenaccio]

I don't understand how DCA will help you in withdrawing from your bitcoin investment when you have reached your over accumulation stage. DCA is only to build gradually, slow and steady and not for selling because if you want to be taking profits every week just like you were buying regularly weekly before you know it, you will sell too many bitcoin too soon as start regretting your actions.

DCA can help people accumulating bitcoin gradually with time, but slowly or fast it depends on their capital used for each purchase. The difference between investors who apply DCA and don't apply DCA is the one uses DCA strategy can build up his Bitcoin portfolio with stronger mentality and perhaps with better resistance to market volatility and changes in his personal finance too.

While the another investor who don't use DCA strategy can still accumulate good bitcoin amount, the same or even bigger than the one with DCA, but he will likely have weaker mentality and might have higher risk of selling bitcoin in volatile time of the market.

When it comes to withdrawal strategy, you should use a sustainable withdrawal method which will allow you to take profits once in a while without affecting the growth of your bitcoin portfolio through its compounding effect.

You can do this or do that, while generally taking profit is not a bad practice for investors. Taking profit without affecting Bitcoin portfolio, that can be your favorite target but it can not be favorite with the others, while they are not wrong by taking profit differently than you do.

[Saltysugar99]

The history of Bitcoin is a prove that whatever you put into it would become valuable when you hold longer , that's why investors pur their money into it to get more profits in the future because of it's history and believe that the value would keep improving as time goes by, it is that believe that gives them hope even when they know that profit is not guaranteed since it's a volatile asset whereas nobody knows what the future would be like.

It would be wrong to call it just trust. There is enough reason and logic behind it. Bitcoin gives people financial security. It ensures freedom. Bitcoin's limited supply works against inflation. Which increases demand over time but reduces supply. As a result, the price keeps rising. And its price fluctuations act like a filter that rewards those who have a long-term holding mentality.

[PhilosopherKing]

"The money that they can afford to lose" and "discretionary income" are not the same.  The money you cannot afford to lose is a sub-category of discretionary income that you choose it to be.  Sure, there might be times in which a guy is ready, willing and able to invest with 100% of his discretionary income, yet I would imagine those occasions to be rare.. since guys need to provide for savings and/or discretionary consumption and perhaps even any errors that he might have made in his expenses. 

Otherwise the idea is correct in regards to not investing with money beyond your discretionary funds..  Using non-discretionary money is another level of going too far that we should not have to inform guys of such, even though it is possible to that some guys might make mistakes from time to time and end up spending too much, which is part of the justification for keeping sufficient levels of back up funds.

Thanks for the correcting me. I understand you and you are right. For instance a person hasdiscretionary income of $150 there are some people that don't have the mind to invest all inside bitcoin because they are new and are still trying to understand the market while some others will not invest all because they want to save for backup.

In any of those case, they decide to invest $70 or $80 dollars of the discretionary income and save the remaining. If they do so, that dosen't mean that they didn't have more discretionary income to use, it only means that they could not afforded to risk all, so they decided to invest with what they are comfortable to use

[Johnlomape]

The history of Bitcoin is a prove that whatever you put into it would become valuable when you hold longer , that's why investors pur their money into it to get more profits in the future because of it's history and believe that the value would keep improving as time goes by, it is that believe that gives them hope even when they know that profit is not guaranteed since it's a volatile asset whereas nobody knows what the future would be like.

It would be wrong to call it just trust. There is enough reason and logic behind it. Bitcoin gives people financial security. It ensures freedom. Bitcoin's limited supply works against inflation. Which increases demand over time but reduces supply. As a result, the price keeps rising. And its price fluctuations act like a filter that rewards those who have a long-term holding mentality.

Bitcoin gives us freedom we don't get when we hold fiat. Bitcoin is the only money we need to hold if we want to have a sustainable investment that serves as an exchange for goods and services. If we can use Bitcoin to buy a product online and get it shipped to our different locations, it is seen as money which is the most interesting part about holding and investing in Bitcoin.
We don't need to keep millions and billions of dollars in the bank when it's not going to appreciate for as long as we are holding it. The bank can only compensate us with small interest for using the money to do business and giving us tiny interest on profits they will be making.

[MusaPk]

Sure.  You are correct that if you purposefully choose to invest less in the beginning, then you run the risk of not having had accumulated as much as you would have otherwise had, yet each person has to figure out how to start out at their own pace, and perhaps they should be inspired to look into bitcoin more so that they can increase their confidence and to invest more aggressively, yet we cannot change people and they have to figure it out at their own pace, and they suffer the consequences if they overdo it or if they under do it.

We are talking about Bitcoin more confidently since we have spent years in Bitcoin but thats not the case with someone who is investing in Bitcoin for the very first time. We can give leverage to new comers that they may start with small capital and continue their research on Bitcoin. If he is heading in right direction then he will stay consistent and also increase his capital.

Sure, there are advantages to being aggressive and/or even front loading your investment into bitcoin, yet every strategy has its risks and its trade offs, which is part of the reason that guys need to balance to their own situation - and sure, I frequently suggest that guys should attempt to invest in bitcoin as aggressively as they are able to, so that that they can get to a decently good stash size, yet guys still have to come to those conclusions on their own, and ultimately they are also completely responsible for their chosen level of aggressiveness (or not).

I think thats more applicable to no-coiner or people that are at initial stages of there accumulation journey that they must be aggressive in their approach until they are able to get decent number of Bitcoins.

Sure.  It is easier to choose to invest in bitcoin once the systems for buying bitcoin are in place.  Frequently, no coiners won't have those kinds of systems in place so when they get a bonus they might try to imagine what they want,  such as a vacation or a new Iphone or perhaps some other item that they don't really need, but they would like to have...so then, yeah, they might never really build up a bitcoin investment portfolio because they are too busy consuming and not even putting a very high priority in investing...and that's a choice.. but it does become easier to choose investing when the systems and the practices are already in place...and maybe you want to splurge on something, so maybe you choose to invest only half of your bonus rather than the whole thing.  We do not need to think in terms of all or nothing, even when we might have had already chosen to invest into bitcoin in a relatively aggressive way.

Right. Those who are not already investing in Bitcoin might consume there bonus or extra income on unnecessary things but if someone has already started his investment journey then he will better utilise that bonus by investing maximum part of it in Bitcoin. So the first thing to counter such situation is to start investing in Bitcoin.

Sure. Many of us consider that if we are putting money into something then we want to also put time and energy into learning about it too.

There are a lot of ways that folks can make mistakes, so there are likely some folks who invest into bitcoin and they have no clue what they are investing in, and there are others who study bitcoin, so we cannot necessarily inspire someone to research into bitcoin, even if they are already investing into it... I know someone who pretty much lost all of his coins based on failure to look into the matter, and the loss was pretty much caused by the sloppiness.  We cannot necessarily save people from themselves.

Bitcoin is not something that you just come in and invest a specific amount and then wait for a month or two for profit. We have to properly plan our investment journey and thats possible if we do some research about Bitcoin. There are two types of investors, the one who just want to straight away invest and learn with passage of time with there investment journey. Second one are those who do some research before investing in Bitcoin. The first one will take time to get to right track because they will learn from their mistakes but second one has bright chances of picking the right track early in his Bitcoin investment journey.

[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

Reason why newbies use DCA for investing in bitcoin, this is because it’s the simplest way of investing bitcoin. And they fell more comfortable using the DCA method. However, not only beginners, even the professionals use DcA method of investing in bitcoin.

Because it’s very simpler, and they can be able to understand how much they have invested and how much have been added to it what they have invested easily calculating it through USDT, so beginners really like it that way.

[Popkon6]

The history of Bitcoin is a prove that whatever you put into it would become valuable when you hold longer , that's why investors pur their money into it to get more profits in the future because of it's history and believe that the value would keep improving as time goes by, it is that believe that gives them hope even when they know that profit is not guaranteed since it's a volatile asset whereas nobody knows what the future would be like.

It would be wrong to call it just trust. There is enough reason and logic behind it. Bitcoin gives people financial security. It ensures freedom. Bitcoin's limited supply works against inflation. Which increases demand over time but reduces supply. As a result, the price keeps rising. And its price fluctuations act like a filter that rewards those who have a long-term holding mentality.

Bitcoin is useful in all aspects for which we invest in this Bitcoin even in the midst of a hundred busy lives so that we can remain financially secure and financially independent in the future. Because every person definitely needs money in old age, so if they invest this Bitcoin for the future from the present time, then their financial needs will definitely be met.
Therefore, Bitcoin should definitely be deposited for the future, because as Bitcoin moves towards the future, its value is likely to increase. Then, considering your situation and the future situation, we should definitely continue to invest in Bitcoin by following our DCA method and maintain the continuity of purchases.

[Big Dirams]

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

Reason why newbies use DCA for investing in bitcoin, this is because it’s the simplest way of investing bitcoin. And they fell more comfortable using the DCA method. However, not only beginners, even the professionals use DcA method of investing in bitcoin.

Because it’s very simpler, and they can be able to understand how much they have invested and how much have been added to it what they have invested easily calculating it through USDT, so beginners really like it that way.

Investing and applying DCA is a smart way of investing and just as you did mentioned, DCA method gives us the comfortability we need when investing. When investing and we apply DCA method we don’t need to get worried by market conditions either it going for upper trends or lower trends we don’t need to worry instead during the dips and lows we easily accumulate more and more at that lower prices and our investment portfolio keeps pumping and growing.
 A lot of investors apply DCA method not only newbie and DCA method has been of a positive impact to many investors and it a reliable method for new users to the system at least they can invest with calm mindset and aim for longer term growth on their holdings.

[MusaPk]

Bitcoin is useful in all aspects for which we invest in this Bitcoin even in the midst of a hundred busy lives so that we can remain financially secure and financially independent in the future. Because every person definitely needs money in old age, so if they invest this Bitcoin for the future from the present time, then their financial needs will definitely be met.
Therefore, Bitcoin should definitely be deposited for the future, because as Bitcoin moves towards the future, its value is likely to increase. Then, considering your situation and the future situation, we should definitely continue to invest in Bitcoin by following our DCA method and maintain the continuity of purchases.

Bitcoin is a great asset of investment for those who are looking to invest into something that can give them good return in future. If we start investing with whatever we have right now then after 10 to 15 years we will be in a position to see good return over our investment. The only thing required for that matter is to stay consistent with the amount you are investing or try to increase that whenever you get chance.

One more thing we have to figure out is that whether we will invest additional income (that is available in future) on luxury things or invest that in Bitcoin. One of my friend brought an iPhone 17 Pro Max few days ago and its starting price is from 1200$. He could have bought a good smart phone in 200$ budget and rest of 1000$ he can invest in Bitcoin. These are some things we have to manage, if we want to get good return in future.

[Sunshine1525]

Bitcoin is a great asset of investment for those who are looking to invest into something that can give them good return in future. If we start investing with whatever we have right now then after 10 to 15 years we will be in a position to see good return over our investment. The only thing required for that matter is to stay consistent with the amount you are investing or try to increase that whenever you get chance.

One more thing we have to figure out is that whether we will invest additional income (that is available in future) on luxury things or invest that in Bitcoin. One of my friend brought an iPhone 17 Pro Max few days ago and its starting price is from 1200$. He could have bought a good smart phone in 200$ budget and rest of 1000$ he can invest in Bitcoin. These are some things we have to manage, if we want to get good return in future.

What you said is the fact, Bitcoin is a great asset and it's sad that most of us missed buying it earlier. During my research I figured out that Bitcoin reached $1 in 2011, fast forward to the price it is currently, even though someone invested as little as $50-100 in Bitcoin then the person wouldve made lots of profits currently if it's held till now, that's to tell you how valuable it became at time passed.

Well the good news is that there's still hope for those who missed the opportunities of the early years because we can employ the DCA buy according to what we can afford for discretionary funds and invest consistently for long then in a space of 10 to 15 years we'll still make very good profits.

Some people love luxury lifestyle cause they can afford it but anyone that's trying to secure wealth or more wealth through Bitcoin would learn to adjust from such lifestyle so as to be able to allocate more funds to the discretionary cause the more bigger your discretionary the more profits an investor stands to get in the future.

[Charcol]

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

Reason why newbies use DCA for investing in bitcoin, this is because it’s the simplest way of investing bitcoin. And they fell more comfortable using the DCA method. However, not only beginners, even the professionals use DcA method of investing in bitcoin.

Because it’s very simpler, and they can be able to understand how much they have invested and how much have been added to it what they have invested easily calculating it through USDT, so beginners really like it that way.

Investing and applying DCA is a smart way of investing and just as you did mentioned, DCA method gives us the comfortability we need when investing. When investing and we apply DCA method we don’t need to get worried by market conditions either it going for upper trends or lower trends we don’t need to worry instead during the dips and lows we easily accumulate more and more at that lower prices and our investment portfolio keeps pumping and growing.
 A lot of investors apply DCA method not only newbie and DCA method has been of a positive impact to many investors and it a reliable method for new users to the system at least they can invest with calm mindset and aim for longer term growth on their holdings.

You mentioned the psychological benefits of DCA, which are really realistic. But DCA has some other great strengths. DCA basically makes our investments a good habit. There are many people in the market who make decisions based on market rules. They want to buy when the price rises, and are afraid when the price falls. But if there is a rule to buy a certain amount, these behavioral mistakes are greatly reduced. And the market cycle of Bitcoin is formed over a long period of time. So when we save small amounts continuously, the average purchase price is naturally formed at different prices. And this reduces the risk of us investing large amounts at the wrong price at a certain time. And this is why many experienced investors also use DCA. Moreover, since DCA promises us to start investing with a small amount, anyone, rich or poor, can continue to invest healthily from their discretionary income without any worries.

[SuperBitMan]

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

Reason why newbies use DCA for investing in bitcoin, this is because it’s the simplest way of investing bitcoin. And they fell more comfortable using the DCA method. However, not only beginners, even the professionals use DcA method of investing in bitcoin.

Because it’s very simpler, and they can be able to understand how much they have invested and how much have been added to it what they have invested easily calculating it through USDT, so beginners really like it that way.

Yes, you are right, DCA is very comfortable for a lot of people, before I came into this forum I was always waiting for the dip before buying but when I came into this forum I knew about DCA strategy and I started using it and it had been very cool for me, I no longer have business in monitoring the bitcoin market I just accumulate every week and in the cause of that I benefit from accumulating in the dip too. There’s no need waiting for the dip because it will slow down your accumulation.

DCA is not comfortable for everyone, there are some people that buy with huge amount of money and just hold, this people are those wealthy people that has a lot of business they are controlling, some of them don’t have time accumulating regularly so DCA is not a comfortable one for them lump sum is.

[ultrloa]

Bitcoin is useful in all aspects for which we invest in this Bitcoin even in the midst of a hundred busy lives so that we can remain financially secure and financially independent in the future. Because every person definitely needs money in old age, so if they invest this Bitcoin for the future from the present time, then their financial needs will definitely be met.
Therefore, Bitcoin should definitely be deposited for the future, because as Bitcoin moves towards the future, its value is likely to increase. Then, considering your situation and the future situation, we should definitely continue to invest in Bitcoin by following our DCA method and maintain the continuity of purchases.

Bitcoin is a great asset of investment for those who are looking to invest into something that can give them good return in future. If we start investing with whatever we have right now then after 10 to 15 years we will be in a position to see good return over our investment. The only thing required for that matter is to stay consistent with the amount you are investing or try to increase that whenever you get chance.

One more thing we have to figure out is that whether we will invest additional income (that is available in future) on luxury things or invest that in Bitcoin. One of my friend brought an iPhone 17 Pro Max few days ago and its starting price is from 1200$. He could have bought a good smart phone in 200$ budget and rest of 1000$ he can invest in Bitcoin. These are some things we have to manage, if we want to get good return in future.

Consistency is really important in this matter. Bitcoin has shown for many times its strong long term potential, even those people put small amount just for start on Bitcoin could able to grow especially if they aim for more than a decade of investment.

What's challenging situation for people is those short time noises in the market, since we have seen several people if they are not get panic with the dumps, they get tempted to sell early and struggle to get back because they are afraid to buy especially if they think the current price of Bitcoin is so high.

There's really no difference with those expensive and mid tier phones, since functionality still the same not unless if they are using that for business purposes. If not much better if they spend it on their investment especially on Bitcoin because in future there's more chance that they can earn more money, while if they buy it on phone the value will depreciate and they get nothing with it at the end.

[MusaPk]

What you said is the fact, Bitcoin is a great asset and it's sad that most of us missed buying it earlier. During my research I figured out that Bitcoin reached $1 in 2011, fast forward to the price it is currently, even though someone invested as little as $50-100 in Bitcoin then the person wouldve made lots of profits currently if it's held till now, that's to tell you how valuable it became at time passed.

Well the good news is that there's still hope for those who missed the opportunities of the early years because we can employ the DCA buy according to what we can afford for discretionary funds and invest consistently for long then in a space of 10 to 15 years we'll still make very good profits.

Some people love luxury lifestyle cause they can afford it but anyone that's trying to secure wealth or more wealth through Bitcoin would learn to adjust from such lifestyle so as to be able to allocate more funds to the discretionary cause the more bigger your discretionary the more profits an investor stands to get in the future.

We can learn from previous case studies in which people invested 100$ or more in Bitcoin and with time there profit turns into millions of dollars. Now same thing is not possible and we must focus on what is possible right now. The possibility we have at our disposal is that if we keep investing in Bitcoin specially more at current dip then we can get good profit with time.

Consistency is really important in this matter. Bitcoin has shown for many times its strong long term potential, even those people put small amount just for start on Bitcoin could able to grow especially if they aim for more than a decade of investment.

What's challenging situation for people is those short time noises in the market, since we have seen several people if they are not get panic with the dumps, they get tempted to sell early and struggle to get back because they are afraid to buy especially if they think the current price of Bitcoin is so high.

There's really no difference with those expensive and mid tier phones, since functionality still the same not unless if they are using that for business purposes. If not much better if they spend it on their investment especially on Bitcoin because in future there's more chance that they can earn more money, while if they buy it on phone the value will depreciate and they get nothing with it at the end.

If you are long term investor and you are investing right now with target Bitcoin price of 200,000$ or 250,000$ then it matters a little that price is at 100,000$ or at 70,000$. If you have this mindset only then you will stay consistent with your Bitcoin investment otherwise if you look at Bitcoin price on daily basis then you won't be able to invest for long.

[sotelorene]

The history of Bitcoin is a prove that whatever you put into it would become valuable when you hold longer , that's why investors pur their money into it to get more profits in the future because of it's history and believe that the value would keep improving as time goes by, it is that believe that gives them hope even when they know that profit is not guaranteed since it's a volatile asset whereas nobody knows what the future would be like.

It would be wrong to call it just trust. There is enough reason and logic behind it. Bitcoin gives people financial security. It ensures freedom. Bitcoin's limited supply works against inflation. Which increases demand over time but reduces supply. As a result, the price keeps rising. And its price fluctuations act like a filter that rewards those who have a long-term holding mentality.

Bitcoin gives us freedom we don't get when we hold fiat. Bitcoin is the only money we need to hold if we want to have a sustainable investment that serves as an exchange for goods and services. If we can use Bitcoin to buy a product online and get it shipped to our different locations, it is seen as money which is the most interesting part about holding and investing in Bitcoin.
We don't need to keep millions and billions of dollars in the bank when it's not going to appreciate for as long as we are holding it. The bank can only compensate us with small interest for using the money to do business and giving us tiny interest on profits they will be making.

I believe everyone has their reason they are Investing in Bitcoin but as for me, I'm not investing in Bitcoin simply because I want to use it to buy something or product online but rather I am investing to have a considerable amount of it in my portfolio and so in the future I can use it to do whatever thing may appears or seem necessary. Have you imagine one day looking at your portfolio to see how much or the number of sats you have accumulated? But the most important thing is using what you can actually afford to lose to accumulate this sats.

[liasbaa]

The history of Bitcoin is a prove that whatever you put into it would become valuable when you hold longer , that's why investors pur their money into it to get more profits in the future because of it's history and believe that the value would keep improving as time goes by, it is that believe that gives them hope even when they know that profit is not guaranteed since it's a volatile asset whereas nobody knows what the future would be like.

It would be wrong to call it just trust. There is enough reason and logic behind it. Bitcoin gives people financial security. It ensures freedom. Bitcoin's limited supply works against inflation. Which increases demand over time but reduces supply. As a result, the price keeps rising. And its price fluctuations act like a filter that rewards those who have a long-term holding mentality.

Bitcoin gives us freedom we don't get when we hold fiat. Bitcoin is the only money we need to hold if we want to have a sustainable investment that serves as an exchange for goods and services. If we can use Bitcoin to buy a product online and get it shipped to our different locations, it is seen as money which is the most interesting part about holding and investing in Bitcoin.
We don't need to keep millions and billions of dollars in the bank when it's not going to appreciate for as long as we are holding it. The bank can only compensate us with small interest for using the money to do business and giving us tiny interest on profits they will be making.

I believe everyone has their reason they are Investing in Bitcoin but as for me, I'm not investing in Bitcoin simply because I want to use it to buy something or product online but rather I am investing to have a considerable amount of it in my portfolio and so in the future I can use it to do whatever thing may appears or seem necessary. Have you imagine one day looking at your portfolio to see how much or the number of sats you have accumulated? But the most important thing is using what you can actually afford to lose to accumulate this sats.

In Bitcoin investment, you are independent and the matter of goods and services is very simple. You are not investing Bitcoin but holding for the buy something it's your choice. But do one or two cycles (4-10 years) for Bitcoin accumulation. During this period, if you use the DCA method for Bitcoin accumulation, you will have a sufficient amount of Bitcoin holding in your portfolio. It is wise to use funds that are actually worth losing through the DCA method and discretionary income strategies for Bitcoin accumulation. For your financial well being and to be free from the effects of inflation accumulation Bitcoin is a great investment plan compared to holding excess fiat reserves.

[Proty]

The history of Bitcoin is a prove that whatever you put into it would become valuable when you hold longer , that's why investors pur their money into it to get more profits in the future because of it's history and believe that the value would keep improving as time goes by, it is that believe that gives them hope even when they know that profit is not guaranteed since it's a volatile asset whereas nobody knows what the future would be like.

It would be wrong to call it just trust. There is enough reason and logic behind it. Bitcoin gives people financial security. It ensures freedom. Bitcoin's limited supply works against inflation. Which increases demand over time but reduces supply. As a result, the price keeps rising. And its price fluctuations act like a filter that rewards those who have a long-term holding mentality.

Bitcoin gives us freedom we don't get when we hold fiat. Bitcoin is the only money we need to hold if we want to have a sustainable investment that serves as an exchange for goods and services. If we can use Bitcoin to buy a product online and get it shipped to our different locations, it is seen as money which is the most interesting part about holding and investing in Bitcoin.
We don't need to keep millions and billions of dollars in the bank when it's not going to appreciate for as long as we are holding it. The bank can only compensate us with small interest for using the money to do business and giving us tiny interest on profits they will be making.

I believe everyone has their reason they are Investing in Bitcoin but as for me, I'm not investing in Bitcoin simply because I want to use it to buy something or product online but rather I am investing to have a considerable amount of it in my portfolio and so in the future I can use it to do whatever thing may appears or seem necessary. Have you imagine one day looking at your portfolio to see how much or the number of sats you have accumulated? But the most important thing is using what you can actually afford to lose to accumulate this sats.

Anyone that is buying bitcoin because they want to use it to buy something online isn't investing in bitcoin. Unless they are buying with the mindset of holding for long term and them using the money to buy something online. So anyone that is buying bitcoin with the mindset of buying something online, they can sell at any time even if they are at loss since there goal was just to have bitcoin for buying something online.

[RockBell]

For many investors it is possible to start with a lump sum from their existing cash fund. This type of strategy will work well for growing a Bitcoin portfolio but holding this amount alone is not enough. You need to continue accumulating Bitcoin regularly and steadily through discretionary income. It should not be the case that you buy a lump sum of Bitcoin and stop, or wait for the price to increase, which is equivalent to gambling.

If there is a large amount of money available then that should now be a problem that will even make things easy because you know you are buying ones and for all so there any time you still want to buy in buy in a large sum but the problem is how many people can actually be able to buy like this and this why does that don't have this kind of financial strength then DCA will be the best option to look into and through all this strategy you will be able to accumulate gradually you won't even stress yourself to much. Discretionary income concludes everything, there a lot of ways that accumulating is very easy.

Some beginners need to be praised for accumulating Bitcoins when they have a discretionary fund amount of, say, $10 per week. The amount is not a problem for them. They are aware of their limitations and work to increase the fund. Although Bitcoin holdings are very slow, they practice discipline and continue accumulating Bitcoins for one or two cycles without interruption. They carefully keep the necessary things in place to have an emergency fund and keep Bitcoin investing for long.

For anyone that holding and have be accumulating need to be praised because it takes a lot for you to be able to accumulate bitcoin and what ever the amount they are using for the DCA through discretionary funds should not be less than $10 accumulation process is very slow but what do you want to do,  you just have to patient with everything because but the accumulation and making profit takes time you just have to be very patient so that you don't rush and sell maybe because you are tired because people sell for funny reasons.