Does the DCA strategy inspire newbies to invest?

[NurseHub]

The only thing mandatory for DCA is that you remain consistent and never break your buying streak. If you just remain consistent with what you initially plan to invest in Bitcoin like 100$ per week into Bitcoin then that 100 dollar per week can give you good return after 4 years or more. You can increase your profit, if you keep on investing more in Bitcoin as and when you have more money available at your disposal. DCA gives you all that liberty and we just need to understand that.   

Yes consistency is very important in DCA method, but I don’t think it is mandatory to be investing in the same timeframe and the same amount; it can be whenever you have money especially if you don’t have stable source of income, but forcing yourself to invest weekly or monthly when your stream of income is not stable will lead you to some problem and maybe panic sell when you have no money for your upkeep and other activities. Therefore, it is better to invest based on your convenience so that you can be sure that you will hold for long periods of time so that you can maximize your profit.

I agree with you, you don't have to be consistent in the same timeframe, sometimes reality might hit you and you can swing, by just letting your guard down for a minute not investing the same way but if you are well knowledged you can still come back your consistency as we are not robots we can not be perfect all the time, so when we have a little shake on the path of consistency we can bounce back.

[gracreavix]

Yes I agree with you, using the DCA strategy does not hinder an investor whether the price increases or decreases. However, using DCA has many benefits such as

• reducing risk
• reducing the average purchase price

also market timing is not required and it is possible to invest steadily, the DCA strategy is a strategy that will help you survive in investment

Many people in the world are now rich by investing through the DCA strategy and they are investing regularly without any hesitation.

If you are wondering how to start DCA then it is very easy for you, you just have to buy Bitcoin with the money left over after all your expenses, weekly or monthly through the DCA strategy. I see the DCA strategy as an easy and effective way to invest in Bitcoin. And yes it encourages new investors

I actually like and agree with you on DCA being one of the simplest and most effective ways to stack Bitcoin.

But that part where you talked about using all the leftover money after expenses to buy bitcoin.  I won’t fully agree with that, because realistically, it is not even practical in real life.

Even after handling the major stuff like rent, bills, feeding and all, that leftover (discretionary income) still has a small role to play. Life is not just Bitcoin there are always small small things that comes up.  Like maybe tipping your kids if you have kids, buying them little gifts, help someone, or even just take care of random little things.

So you saying someone should put everything into Bitcoin, what then happen with those little things? You could most likely go back and start touching your investment.
It is more realistic to just use a portion of that leftover(discretionary) money instead.

[Joy- maker]

A person can invest with any amount of money according to his freedom, it is his freedom, so you can never force many people to invest with more money and there are many investors who can invest in Bitcoin with a small amount of money. However, we must keep in mind that we have to continue investing in Bitcoin by maintaining the continuity of purchase, and if a new investor invests in Bitcoin according to his ability and holds it for the future, he will definitely be able to sustain his investment with prudent income.
Therefore, investing in Bitcoin according to the DCA strategy is a very good idea, as it maintains the continuity of Bitcoin purchase.

The word freedom in your sentence is understandable, but it doesn't sound natural in the sentence. am calling your attention to this sentence because it can mislead newbies. Instead of saying what you said above, say this instead. a person can invest any amount of money based on what he or she can afford, only use the word freedom if you mean no restrictions. But in this context what you are talking  about or referring to is financial capacity, not freedom.

However, what you said is correct. people should invest in bitcoin within their financial capacity, because their is no point going above your financial capacity. The amount of money you are investing in bitcoin doesn't matter, so imo instead investing above your financial capacity, just be consistent in accumulating Bitcoin with whatever amount you can afford. before you know it you will have build up a good amount of Bitcoin to hold for long term.

[JayJuanGee]

One of the advantages of DCA is that you can tailor the ongoing buying (whether weekly or otherwise) to your income level and also to your desired level of aggressiveness, and frequently aggressiveness should be determined based on the availability (and strength) of cashflows (and back up funds) rather than based on whether the BTC price might be going up, down or sideways.

The only thing mandatory for DCA is that you remain consistent and never break your buying streak. If you just remain consistent with what you initially plan to invest in Bitcoin like 100$ per week into Bitcoin then that 100 dollar per week can give you good return after 4 years or more. You can increase your profit, if you keep on investing more in Bitcoin as and when you have more money available at your disposal. DCA gives you all that liberty and we just need to understand that.   

Folks investing into bitcoin don't have to be consistent when employing DCA.

One of the great things about DCA is that each person is able to ongoingly employ such a strategy as his cashflow comes in which may or may not be consistent, and he can ongoingly choose his level of aggressiveness (or whimpiness) depending on what else he might have going on in his life, which also may or may not end up being consistent.

Of course, the more consistently guys invest in an aggressive way into bitcoin, then the more likely that such consistent and aggressive guys will reach overaccumulation status faster than the ones that do not (as long as they don't overdo it), yet guys may or may not value reaching overaccumulation status, so they can still choose to deploy some form of DCA and they can choose their level of aggressiveness and choose their level of consistency within whatever buys they choose to make.. and it still qualifies as DCA...

Also, it does help if they have discretionary income coming in, too.  Discretionary income gives them more options on how to spend such funds, and even options to do other things with their discretionary funds, too.

[Itz-prisigold]

Your way of describing the situation is why we frequently suggest that if the investor is doing any analysis, then the main analysis would be in regards to analyzing his cashflows and figuring out a reasonable amount of bitcoin that he is able to buy each week (to the extent that he is buying weekly).. Sure, there is nothing wrong with doing some other analysis of the market as long as it is not distracting from the main analysis and the ongoing and persistent buying of bitcoin, especially for guys who might be new and needing to take a cycle or more to build their bitcoin position.

It seems to me that the more bitcoin that they accumulate (such as if they get to a point that their bitcoin is enough to cover 6-12 months of their expenses or more), then there may be more room to start to make various analysis of their progress and perhaps assessments in regards to whether they might need to adjust the aggressiveness of their bitcoin accumulation strategies/practices.

Putting the analysis to do for new people on a scale, cashflows and deciding the discretionary funds carry first. Other analysis to level up knowledge can come later when already accumulating Bitcoin.

Like some people would suggest having reserve funds that can cover six months of expenses before starting Bitcoin investment, the idea of accumulating Bitcoin that can cover six months expenses or more is highly superior and then as for doing analysis it is still a high level idea. Whiile doing analysis an investor already having their portfolio breathing and flying and ready to continue flying.

Firstly anyone that have this kind of mindset is very wrong, because I don't understand why I will be delaying myself for six months just to build reserve funds? So I 100% disagree with this idea that someone has to wait to build a six months reserve funds before starting Bitcoin investment. People should know that this kind of thinking can lead to unnecessary delays. The most important thing is just for you to understand your cashflow and identify your discretionary income, because that is what anyone should use for investing in Bitcoin. See even a small amount can still be used to accumulate consistently without putting your finances under pressure, instead of you to be postponing everything all in the name of preparation.

the idea of accumulating Bitcoin that can cover six months expenses or more is highly superior and then as for doing analysis it is still a high level idea. Whiile doing analysis an investor already having their portfolio breathing and flying and ready to continue flying.

And this your second sentence is misleading, saying it is "superior" to invest or hold your six months of expenses in Bitcoin really misses the point of what reserve funds is meant for. Correct me if am wrong, but a reserve funds is supposed to give you stability and certainty, and Bitcoin goes up and down all the time. When you invest your six months reserve in Bitcoin, trust me it will backfire. Mixing the two can create problems,  most especially when you need the cash for emergency, you will be forced to sell during unfavorable market conditions. So it will make more sense if you keep these roles separate; keep a stable reserve funds for emergency and build your Bitcoin accumulation gradually with the money you can afford to leave untouched.

The goal is to protect your finances and not for you to gamble with them, try to build a system where you will be able to stay consistent,  avoid anything that will put you in pressure and remain in control  regardless of market  conditions.

[Proty]

One of the advantages of DCA is that you can tailor the ongoing buying (whether weekly or otherwise) to your income level and also to your desired level of aggressiveness, and frequently aggressiveness should be determined based on the availability (and strength) of cashflows (and back up funds) rather than based on whether the BTC price might be going up, down or sideways.

The only thing mandatory for DCA is that you remain consistent and never break your buying streak. If you just remain consistent with what you initially plan to invest in Bitcoin like 100$ per week into Bitcoin then that 100 dollar per week can give you good return after 4 years or more. You can increase your profit, if you keep on investing more in Bitcoin as and when you have more money available at your disposal. DCA gives you all that liberty and we just need to understand that.   

Folks investing into bitcoin don't have to be consistent when employing DCA.

One of the great things about DCA is that each person is able to ongoingly employ such a strategy as his cashflow comes in which may or may not be consistent, and he can ongoingly choose his level of aggressiveness (or whimpiness) depending on what else he might have going on in his life, which also may or may not end up being consistent.

Of course, the more consistently guys invest in an aggressive way into bitcoin, then the more likely that such consistent and aggressive guys will reach overaccumulation status faster than the ones that do not (as long as they don't overdo it), yet guys may or may not value reaching overaccumulation status, so they can still choose to deploy some form of DCA and they can choose their level of aggressiveness and choose their level of consistency within whatever buys they choose to make.. and it still qualifies as DCA...

Also, it does help if they have discretionary income coming in, too.  Discretionary income gives them more options on how to spend such funds, and even options to do other things with their discretionary funds, too.

  Yes you are right, people using DCA strategy doesn't have to be consistent while buying before it can be considered dca .Some people do think that it is only when they are being consistent with bitcoin accumulation that is when they are doing the DCA strategy rightly.
Yes DCA strategy should go in line with our cash flow and it won't be wise to put oneself into unnecessary pressure just because we want to be consistent with bitcoin accumulation using DCA strategy. It is only when the discretionionary income is available to buy bitcoin that we should. Therefore it mustn't be done on daily, weekly or monthly basis as some people think before it can be called DCA. People should only DCA based on there cash flow.

[Hyphen(-)]

In the end, you can do whatever you like, but buying the dip is a different approach from DCA, so you should at least recognize and appreciate that buying the dip is different from DCA, and buying the dip is a different technique to the extent that you might want to supplement your DCA approach with some variation of such buying the dip techniques that may or may not end up resulting in buys or even the employment of an appropriate level of ongoing bitcoin buying aggressiveness.

I always see buying the dip as an opportunity fir investors to buy Bitcoin at cheaper rate so as to have more fractions of Bitcoin with little amount if of money, it is completely different from the DCA method because in this method, you are buying because you have the money to buy as the price is dip, and you may sell at anytime when the market bounce back; it proves that you are not buying to hold for long, but to use the opportunity to buy now and sell when the market bounce back.

While the DCA method don’t care about the price of Bitcoin, it only involves the mindset and the target you have of accumulating Bitcoin for long term investment regardless of the current price of Bitcoin. Therefore, it is good for investors to know the difference; the DCA method is completely different from buying the dip, and I think the DCA method will be the main method that will inspire newbies to be investing with the little amount they are having  because it gives confidence since they are not inconveniencing themselves just to tinges in Bitcoin.

[cxtreenal]

The only thing mandatory for DCA is that you remain consistent and never break your buying streak. If you just remain consistent with what you initially plan to invest in Bitcoin like 100$ per week into Bitcoin then that 100 dollar per week can give you good return after 4 years or more. You can increase your profit, if you keep on investing more in Bitcoin as and when you have more money available at your disposal. DCA gives you all that liberty and we just need to understand that.   

Yes consistency is very important in DCA method, but I don’t think it is mandatory to be investing in the same timeframe and the same amount; it can be whenever you have money especially if you don’t have stable source of income, but forcing yourself to invest weekly or monthly when your stream of income is not stable will lead you to some problem and maybe panic sell when you have no money for your upkeep and other activities. Therefore, it is better to invest based on your convenience so that you can be sure that you will hold for long periods of time so that you can maximize your profit.

I agree with you, you don't have to be consistent in the same timeframe, sometimes reality might hit you and you can swing, by just letting your guard down for a minute not investing the same way but if you are well knowledged you can still come back your consistency as we are not robots we can not be perfect all the time, so when we have a little shake on the path of consistency we can bounce back.

There may be occasional dips in Bitcoin’s long-term journey but the key is to have a long term accumulating mindset. I have also had situations where you can’t be consistent in your Bitcoin but you can make up for it later. You need to ensure cash flow and an emergency fund. More importantly, try to increase your discretionary income. Create multiple sources of income to accelerate your Bitcoin accumulation because you need to keep every week to reach the over accumulation stage.
It is good to be consistent in your Bitcoin accumulation but if it is irregular at times it is not a big deal. Be mentally prepared to fill the gap at the next convenient time.

[laspol65]

  Yes you are right, people using DCA strategy doesn't have to be consistent while buying before it can be considered dca .Some people do think that it is only when they are being consistent with bitcoin accumulation that is when they are doing the DCA strategy rightly.
Yes DCA strategy should go in line with our cash flow and it won't be wise to put oneself into unnecessary pressure just because we want to be consistent with bitcoin accumulation using DCA strategy. It is only when the discretionionary income is available to buy bitcoin that we should. Therefore it mustn't be done on daily, weekly or monthly basis as some people think before it can be called DCA. People should only DCA based on there cash flow.

I could not agree with you, because if you have to invest according to the DCA method, then you must maintain the continuity of Bitcoin purchases. The comments you have made will confuse the newbies, so you must move forward towards the future by investing in Bitcoin and maintaining the continuity of purchases, and this is the only good plan to increase your Bitcoin portfolio. In the current situation, to move forward towards the future with Bitcoin investments, more prudent income is needed, so those who employ Bitcoin through prudent income are the only ones who will be able to reach the destination according to the plan.

[Derekfunds]

Off course anyone can invest with any amount they are comfortable with ( their discretionary income) but they should also know that the return will depend on what is invested that is a small input will yield an output depending on the input and large input will also yield an output that will be equivalent or that will depend on the input. And we should understand that what we can afford to lose or let go doesn't necessarily mean a small amount of money because there is an amount you will be investing and it won't look like you are making progress even if you are consistent.

I still think that folks level of consistency as well a how long their investment timeline is, are what actually determines the size of their portfolio/or output in the long run... Folks with small amount of discretionary income can still start and make progress if they are consistent with that amount.. Consistency with little amounts may sometimes feel as if there isn't any progress, but that doesn't mean there isn't any progress... The thing about growth is that it is a gradual process, but with time as well as consistency you will begin to see results....

At the start, folks can begin small which is a far more better decision than delaying your investment journey.... However as folks go on with their accumulation, it is still important that they looks for ways that they could very well increase their income sources to get more discretionary income so they could very well increase their investments amounts....

I also agree with you to some point that consistency determines the size of someone portfolio yet we need to also use something reasonable why accumulating perhaps you have not seen someone who is consistent in what he is doing and yet it doesn't look like he is making progress. I think I remember bumping on post where someone said that we can accumulate even with a dollar, at first it was very funny because I consider that as almost nothing when it comes to Bitcoin but I realized it might be what he can afford to lose and trust me if the person is accumulating with a dollar monthly, how many years do you think this folk will see something reasonable even though he is consistent? And it is possible that the saying "use what you can afford to lose" rings a different bell to the person.

[Abbatty]

In the end, you can do whatever you like, but buying the dip is a different approach from DCA, so you should at least recognize and appreciate that buying the dip is different from DCA, and buying the dip is a different technique to the extent that you might want to supplement your DCA approach with some variation of such buying the dip techniques that may or may not end up resulting in buys or even the employment of an appropriate level of ongoing bitcoin buying aggressiveness.

I always see buying the dip as an opportunity fir investors to buy Bitcoin at cheaper rate so as to have more fractions of Bitcoin with little amount if of money, it is completely different from the DCA method because in this method, you are buying because you have the money to buy as the price is dip, and you may sell at anytime when the market bounce back; it proves that you are not buying to hold for long, but to use the opportunity to buy now and sell when the market bounce back.

While the DCA method don’t care about the price of Bitcoin, it only involves the mindset and the target you have of accumulating Bitcoin for long term investment regardless of the current price of Bitcoin. Therefore, it is good for investors to know the difference; the DCA method is completely different from buying the dip, and I think the DCA method will be the main method that will inspire newbies to be investing with the little amount they are having  because it gives confidence since they are not inconveniencing themselves just to tinges in Bitcoin.

This is practically the mindset of a trader, an investor don’t think about investing for a short time or making profit but instead making sure he haves a planned future ahead.

These are two different methods of acquiring bitcoin and as an investor it now left to you to chose which one is more suitable for you. As an investor selling of bitcoin even when their is change in the market not encouraged. It is very advisable to hold because your reason for investing is to have a very secured future.

[SOKO-DEKE]

In the end, you can do whatever you like, but buying the dip is a different approach from DCA, so you should at least recognize and appreciate that buying the dip is different from DCA, and buying the dip is a different technique to the extent that you might want to supplement your DCA approach with some variation of such buying the dip techniques that may or may not end up resulting in buys or even the employment of an appropriate level of ongoing bitcoin buying aggressiveness.

I always see buying the dip as an opportunity fir investors to buy Bitcoin at cheaper rate so as to have more fractions of Bitcoin with little amount if of money, it is completely different from the DCA method because in this method, you are buying because you have the money to buy as the price is dip, and you may sell at anytime when the market bounce back; it proves that you are not buying to hold for long, but to use the opportunity to buy now and sell when the market bounce back.

While the DCA method don’t care about the price of Bitcoin, it only involves the mindset and the target you have of accumulating Bitcoin for long term investment regardless of the current price of Bitcoin. Therefore, it is good for investors to know the difference; the DCA method is completely different from buying the dip, and I think the DCA method will be the main method that will inspire newbies to be investing with the little amount they are having  because it gives confidence since they are not inconveniencing themselves just to tinges in Bitcoin.

here is the problem, because It is where some set of folks are not seeing a Bitcoin dip as an opportunity; instead, they are seeing it as their main strategy for accumulating Bitcoin. I would say this is wrong because nobody can accurately predict Bitcoin’s price.so, people should not see dips as a strategy, but rather as an opportunity. When a dip happens, they can make use of it and buy some amount of Bitcoin at that period. However, they should never wait only for dips, otherwise, they may end up not buying Bitcoin again, because the price may not return to the level they have in mind for accumulation.so, let’s get it clear,buying the dip is just an opportunity, but DCA is a true investment strategy. In fact, DCA is one of the best ways to invest in Bitcoin, as it allows investors to buy at different price levels and helps limit risk.

[cocadalcan]

In the end, you can do whatever you like, but buying the dip is a different approach from DCA, so you should at least recognize and appreciate that buying the dip is different from DCA, and buying the dip is a different technique to the extent that you might want to supplement your DCA approach with some variation of such buying the dip techniques that may or may not end up resulting in buys or even the employment of an appropriate level of ongoing bitcoin buying aggressiveness.

I always see buying the dip as an opportunity fir investors to buy Bitcoin at cheaper rate so as to have more fractions of Bitcoin with little amount if of money, it is completely different from the DCA method because in this method, you are buying because you have the money to buy as the price is dip, and you may sell at anytime when the market bounce back; it proves that you are not buying to hold for long, but to use the opportunity to buy now and sell when the market bounce back.

While the DCA method don’t care about the price of Bitcoin, it only involves the mindset and the target you have of accumulating Bitcoin for long term investment regardless of the current price of Bitcoin. Therefore, it is good for investors to know the difference; the DCA method is completely different from buying the dip, and I think the DCA method will be the main method that will inspire newbies to be investing with the little amount they are having  because it gives confidence since they are not inconveniencing themselves just to tinges in Bitcoin.

But you don't know when Bitcoin will go DIP. You know your destination is not very difficult but you are making it difficult by trapping it in a trap of conditions. Waiting for the price to drop to buy Bitcoin is definitely a bad plan for any investor.

But if you continue to accumulate Bitcoin regardless of the price through the DCA strategy and establish an emergency fund and build a strong cash flow, it will be great for growing your Bitcoin holdings and for put on leverage during periods of price decline. And Bitcoin accumulation plan Set a destination within a certain time frame. The plan to sell when the price increases is even worse and it sounds like trading. Bitcoin accumulation period should be 4-10 years or more.

[yixichloro2xx]

Off course anyone can invest with any amount they are comfortable with ( their discretionary income) but they should also know that the return will depend on what is invested that is a small input will yield an output depending on the input and large input will also yield an output that will be equivalent or that will depend on the input. And we should understand that what we can afford to lose or let go doesn't necessarily mean a small amount of money because there is an amount you will be investing and it won't look like you are making progress even if you are consistent.

I still think that folks level of consistency as well a how long their investment timeline is, are what actually determines the size of their portfolio/or output in the long run... Folks with small amount of discretionary income can still start and make progress if they are consistent with that amount.. Consistency with little amounts may sometimes feel as if there isn't any progress, but that doesn't mean there isn't any progress... The thing about growth is that it is a gradual process, but with time as well as consistency you will begin to see results....

At the start, folks can begin small which is a far more better decision than delaying your investment journey.... However as folks go on with their accumulation, it is still important that they looks for ways that they could very well increase their income sources to get more discretionary income so they could very well increase their investments amounts....

I also agree with you to some point that consistency determines the size of someone portfolio yet we need to also use something reasonable why accumulating perhaps you have not seen someone who is consistent in what he is doing and yet it doesn't look like he is making progress. I think I remember bumping on post where someone said that we can accumulate even with a dollar, at first it was very funny because I consider that as almost nothing when it comes to Bitcoin but I realized it might be what he can afford to lose and trust me if the person is accumulating with a dollar monthly, how many years do you think this folk will see something reasonable even though he is consistent? And it is possible that the saying "use what you can afford to lose" rings a different bell to the person.

Bitcoin is like a puzzle that you need different pieces to solve it. These pieces include Consistency, DCA, Patience and Discipline, and Building Emergency funds. Incorporating all of them put you in a better position than other investors who takes one or two  out of those pieces and leave the rest. Being consistent with small amounts won't give the kind of gain someone is looking for in the long term. Although no amount is really useless, but If you are a person who invests little funds into Bitcoin and you hope to get good returns, try to get another source of income  in which you can use to increase your discretionary income. But if you are someone who wants to stick to that little amount even though you have other means to increase your income then the thought of seeing massive gains should be removed. In as much we've talked about Consistency and DCA , someone who doesn't have patience and discipline to hold through tough times will sell prematurely. Then all your efforts will be wasted.

[ejikeme24]

here is the problem, because It is where some set of folks are not seeing a Bitcoin dip as an opportunity; instead, they are seeing it as their main strategy for accumulating Bitcoin. I would say this is wrong because nobody can accurately predict Bitcoin’s price.so, people should not see dips as a strategy, but rather as an opportunity. When a dip happens, they can make use of it and buy some amount of Bitcoin at that period. However, they should never wait only for dips, otherwise, they may end up not buying Bitcoin again, because the price may not return to the level they have in mind for accumulation.so, let’s get it clear,buying the dip is just an opportunity, but DCA is a true investment strategy. In fact, DCA is one of the best ways to invest in Bitcoin, as it allows investors to buy at different price levels and helps limit risk.

Obviously buying the dip is also part of the investment strategy so I see nothing wrong if guys decide to adopt the strategy or engage themselves into buying the dip, of course every investors have the right to figure out the best strategy that will be suitable for their bitcoin accumulation. Rather,  it is advised that beginners should not engage themselves into buying the dip or considering this method as a suitable method for their Bitcoin investment since it is their first time of getting started they are supposed to maintain the ongoing buying of bitcoin using the DCA strategy until they know their stand before looking into other strategy like buying the dip or whatever, so if guys also insist that buying the dip is more suitable for their Bitcoin investment, then they are free to adopt that method my only concern is the time wasted while waiting for the dip to happen if not that, then I don't see anything wrong if guys chose buying the dip as their strategy.

[JayJuanGee]

[edited out]

Bitcoin is like a puzzle that you need different pieces to solve it. These pieces include Consistency, DCA, Patience and Discipline, and Building Emergency funds. Incorporating all of them put you in a better position than other investors who takes one or two  out of those pieces and leave the rest. Being consistent with small amounts won't give the kind of gain someone is looking for in the long term. Although no amount is really useless, but If you are a person who invests little funds into Bitcoin and you hope to get good returns, try to get another source of income  in which you can use to increase your discretionary income. But if you are someone who wants to stick to that little amount even though you have other means to increase your income then the thought of seeing massive gains should be removed. In as much we've talked about Consistency and DCA , someone who doesn't have patience and discipline to hold through tough times will sell prematurely. Then all your efforts will be wasted.

I don't like your "bitcoin is like a puzzle" idea, since I prefer to think that bitcoin is accessible to everyone and anyone as long as they have discretionary funds and they are not retarded, and no special talents are needed except to get started buying it and even to maintain weekly buys, as long a discretionary funds are available each week (or can be made available)...and the person figures out ways to start out slow and then just ongoingly learn from practice and paying attention, and such practice will help normies to both build their bitcoin stash size and to build their cashflow management that involves the building up and maintenance of back up funds..

[SeriouslyGiveaway]

I don't like your "bitcoin is like a puzzle" idea, since I prefer to think that bitcoin is accessible to everyone and anyone as long as they have discretionary funds and they are not retarded, and no special talents are needed except to get started buying it and even to maintain weekly buys, as long a discretionary funds are available each week (or can be made available)...and the person figures out ways to start out slow and then just ongoingly learn from practice and paying attention, and such practice will help normies to both build their bitcoin stash size and to build their cashflow management that involves the building up and maintenance of back up funds..

Sometimes people are very happy to use buzz words or buzz sentences while they don't even actually understand those buzz-words/ sentences. Bitcoin is simply Bitcoin, itself and Bitcoin market is always there and opened for everyone to join at anytime and freely leave it anytime too. People can start with good knowledge about Bitcoin fundamentals, investment strategies like DCA, and risk management like only use their discretionary income for buying bitcoin for their holding plans.

However, if they start with non discretionary income, it does not mean their journeys will become very bad if after beginning, they're ready to learn more and quickly absorb recommendations on importance of using discretionary income for investment so that they adjust their investment and risk management shortly and maintain it well with good discipline over time.

[luckyjack199]

Subject: Re: Does the DCA strategy inspire newbies to invest?

While DCA is often marketed as the "holy grail" for beginners, we need to have a serious conversation about Capital Efficiency and the Psychological Trap of bull market entries.

DCA is a double-edged sword. If a newbie started their journey at the peak of the last cycle (November 2021, around $67,500), their capital would have been heavily "tied up" as the market bled toward the $16,500 bottom in November 2022.

The Reality of "Blind DCA":

• Liquidity Lockdown: If you start at $60k+, your break-even point didn't arrive until early 2024. That is over 2 years of capital being "dead weight" with zero liquidity. For an entrepreneur or small investor, this is a massive opportunity cost.
  
• The Timing Factor: DCA is only a "winning" strategy if you have the stomach to double down when the market is red. Most newbies do the opposite—they DCA at the top and stop at the bottom.
  

A Better Approach: Strategic DCA
Instead of a fixed calendar buy, I believe we should teach newbies to be more adaptive:
1. Relative Lows: Increase the buy size when the Fear & Greed Index is below 25.
2. Tactical Pauses: Pause or reduce buying when Bitcoin is hitting new All-Time Highs (like the $73,000 mark in March 2024).

DCA only "inspires" when the portfolio is green. When it's tying up your hard-earned cash at high prices during a correction, it’s just a slow-motion car crash for a beginner.

As someone who prioritizes capital liquidity, I find blind DCA to be far too passive. We should encourage beginners to understand cycles, not just follow a calendar.

[Kryptonite788]

I don't like your "bitcoin is like a puzzle" idea, since I prefer to think that bitcoin is accessible to everyone and anyone as long as they have discretionary funds and they are not retarded, and no special talents are needed except to get started buying it and even to maintain weekly buys, as long a discretionary funds are available each week (or can be made available)...and the person figures out ways to start out slow and then just ongoingly learn from practice and paying attention, and such practice will help normies to both build their bitcoin stash size and to build their cashflow management that involves the building up and maintenance of back up funds..

Sometimes people are very happy to use buzz words or buzz sentences while they don't even actually understand those buzz-words/ sentences. Bitcoin is simply Bitcoin, itself and Bitcoin market is always there and opened for everyone to join at anytime and freely leave it anytime too. People can start with good knowledge about Bitcoin fundamentals, investment strategies like DCA, and risk management like only use their discretionary income for buying bitcoin for their holding plans.

However, if they start with non discretionary income, it does not mean their journeys will become very bad if after beginning, they're ready to learn more and quickly absorb recommendations on importance of using discretionary income for investment so that they adjust their investment and risk management shortly and maintain it well with good discipline over time

I beg to disagree with this statement of yours as it is a very misleading one. First of all, there’s nothing like “non-discretionary income “ rather,it is known as “non-discretionary expense “ and this simply means the money that a person uses to cater for their basic human needs like rent , food, healthcare, transportation e.t.c and this are expenses that are non-negotiable meaning that wether you like it or not ,you must pay for them so as to be able to survive. so when a young investor uses this money to invest, they are practically sacrificing their basic human needs and in all honesty, it is not a smart idea as it can lead to financial stress and vulnerability thereby making chances of panic selling very high and also due to the volatile nature of bitcoin,its market can rise but it can also crash heavily and I don’t think non-discretionary expense money can handle such level of risk because that person’s survival is literally at stake and the person can be forced to sell at a loss just to be able to cover cost of living. so my advice to young investors is to always use discretionary income for bitcoin investments as it is a more safer option and will save you the stress of any financial and emotional pressure.

[CryptoYar]

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Bitcoin is no longer puzzle to experts, it is a simple money tool anyone can use if they have will to begin small and continue. It will be possible to buy Bitcoin as simply as you would buy normal banking app, and you do not need any special skills or deep understanding of tech to do well. Other, you get a bit of cash and work towards your bigger money goal through learning how to do it.

I think being steady is much better than being smart since even most clever traders will make no money due to thinking too much, though regular people who remain bored and follow their plan make the most profit. Bitcoin is the great leveling of playing field that rewards patience, other than high IQ, and it turns out that only real game is to learn to control oneself long enough to allow oneself to watch their savings grow.