Does the DCA strategy inspire newbies to invest?

[Rustam Meraj]

Largely I am not against the idea of guys having knowledge or basic knowledge of various aspects of life, and I am even assuming that guys have various levels of knowledge, experience and skills when they first hear about bitcoin, so they still have to consider from a perspective of where they are at in terms of things that they might need to know or learn besides the only real basic thing that guys need in order to get started is discretionary funds.

One of the values in bitcoin tends to be getting started from where-ever a guy is at, and there are so many guys lecturing about supposed things that guys need to know about bitcoin before they can get started, and it may well not be the case that they need to learn all the things that guys are suggesting prior to just getting started based on their determination of whether they have discretionary funds.

Snip

In fact, most crucial moment is simply having additional amount of cash which you do not need for your daily daily expenses. Much of individuals invest too much time paying attention to lengthy lectures instead of just beginning little. After you have stake in bitcoin, you begin to learn more quickly because you have vested interest in market, even if your stake is small.
When a person is unable to determine how much money they have left, it indicates that person does not even have basic budget plan. Best way to get comfortable is to start with small comfortable sum each week. Better investor is one who invests slowly and carefully than one who throws all their money at investment and faints first time it falls. Financial discipline is always more important than technical knowledge.

[KawasakiNinja1_]

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

## DCA here very okay for me and I prefer it more and more or thought it different is during the fall of dollar.
DCA mean.. dollar-cost-averaging.it is very helpful for the newbies because it predicted the time to buy by reducing fear of timing the market so as to lower the emotions trading control.

I think you are misunderstanding because first you have discussed the definition of DCA and also discussed the choice of this investment and its special advantages but later you are referring to this investment strategy as trading. Also, another thing to mention is that if the dollar price falls, it can never affect the DCA strategy because the dollar you mentioned is a fiat currency. It should always be understood that the value of fiat can decrease due to inflation but Bitcoin acts as a buffer against that.

[ZeroVinsonN]

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

## DCA here very okay for me and I prefer it more and more or thought it different is during the fall of dollar.
DCA mean.. dollar-cost-averaging.it is very helpful for the newbies because it predicted the time to buy by reducing fear of timing the market so as to lower the emotions trading control.

Don't make the mistake of assuming that your investment is dependent on the dollar, it's DCA, yes, but depending on what part of the world you are in then you are doing it with your own fiat currency and not necessarily the dollar so even if the dollar is hit with inflation you investment doesn't have to be affected by it unless you are investing with the dollar in which case a reduction in the value of the currency will reduce how much bitcoin can be bought with a particular amount of that fiat, you can still accumulate bitcoin regardless.

[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

## DCA here very okay for me and I prefer it more and more or thought it different is during the fall of dollar.
DCA mean.. dollar-cost-averaging.it is very helpful for the newbies because it predicted the time to buy by reducing fear of timing the market so as to lower the emotions trading control.

I think you are getting the whole thing wrong, first you said the DCA is very okay for you and you prefer it more but why are you now saying it help predict the time to buy? I think you still have this trading mindset and mentality because the DCA doesn't help predict the time to buy rather it help and investor whether rich or poor to accumulate or purchase Bitcoin at any given price of the market that is why it is term the best and it also help someone to start with any amount that they're able to figure out as a discrestionary income.

The DCA method helps you to buy Bitcoin with your DCA passive income,

How is DCA passive income?
Do you know DCA well at all?
DCA itself is not a source of income, rather DCA is an investment method. We do not get income from DCA, but rather we invest by deducting expenses from our income and following the DCA method with investable money. Apart from DCA, there are other investment methods, but since DCA averages our purchase price over the long term and provides the opportunity to invest small amounts, it is a very popular method, but it is not a source of income.

[Alonso_]

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

## DCA here very okay for me and I prefer it more and more or thought it different is during the fall of dollar.
DCA mean.. dollar-cost-averaging.it is very helpful for the newbies because it predicted the time to buy by reducing fear of timing the market so as to lower the emotions trading control.

Don't make the mistake of assuming that your investment is dependent on the dollar, it's DCA, yes, but depending on what part of the world you are in then you are doing it with your own fiat currency and not necessarily the dollar so even if the dollar is hit with inflation you investment doesn't have to be affected by it unless you are investing with the dollar in which case a reduction in the value of the currency will reduce how much bitcoin can be bought with a particular amount of that fiat, you can still accumulate bitcoin regardless.

Your investment mostly depends on your availability of money like a discretionary money to invest in bitcoin, considering that you don’t have money to invest how do you possibly use the DCA, the DCA can only be effective to invest in bitcoin when we have that availability of money, so this factors should also be considered when making an investment in bitcoin which can be long appreciated.

Inflation doesn’t have anything to do with bitcoin investment, no matter what the economy is the necessary things is having money to keep buying and accumulating Bitcoin.

[Joeboy]

Largely I am not against the idea of guys having knowledge or basic knowledge of various aspects of life, and I am even assuming that guys have various levels of knowledge, experience and skills when they first hear about bitcoin, so they still have to consider from a perspective of where they are at in terms of things that they might need to know or learn besides the only real basic thing that guys need in order to get started is discretionary funds.

One of the values in bitcoin tends to be getting started from where-ever a guy is at, and there are so many guys lecturing about supposed things that guys need to know about bitcoin before they can get started, and it may well not be the case that they need to learn all the things that guys are suggesting prior to just getting started based on their determination of whether they have discretionary funds.

Snip

In fact, most crucial moment is simply having additional amount of cash which you do not need for your daily daily expenses. Much of individuals invest too much time paying attention to lengthy lectures instead of just beginning little. After you have stake in bitcoin, you begin to learn more quickly because you have vested interest in market, even if your stake is small.
When a person is unable to determine how much money they have left, it indicates that person does not even have basic budget plan. Best way to get comfortable is to start with small comfortable sum each week. Better investor is one who invests slowly and carefully than one who throws all their money at investment and faints first time it falls. Financial discipline is always more important than technical knowledge.

That's mostly right... Folks this days spend to much time trying to acquire knowledge before they can kickstart their accumulation journey... And doing this, they have wasted their time and years that they should have used to have started accumulating... And the truth is that if folks keeps waiting to achieve perfection before investing, those folks may never start at all... And that's coz guys tends to build up their experience and understanding through involvement... Meaning that folks can learn more, build up their understanding, increase their discretionary income even, while already involved... And that's enough reason why folks should start investing without delay regardless of how small their investment amount seems to be and build up as they go...