Does the DCA strategy inspire newbies to invest?

[Hardyrobust]

Sure.  It is true that guys do not tend to need to build their emergency funds (back up funds) prior to getting started investing into bitcoin, and many times, guys already have some practice that is in place in which they already have some back up funds, so if they add the buying of bitcoin into their weekly habit, then even if they determine that their back up funds might not be enough, they likely can figure out ways (and proportions) so that they can build both their bitcoin holdings and the quantity of their back up funds at the same time and at least in a proportion that they consider to be reasonable for their own circumstances and likely the longer and longer that they are in bitcoin, whether 4-10 years or longer or some other timeline, they will likely increasingly perceive that there is value to both building their bitcoin holdings and also strengthening how they think about back up funds and how they manage such back up funds in order to support their bitcoin holdings and other aspects of their life that will also likely improve too, so long as they are being intentional with their bitcoin investment and cashflow management practices and process.

Like yeah, I totally agree with you idea of proportionately managing both the routine of investing as well as building up of  backup/emergency funds... There shouldn't really be any kind of trade-off since both your investment and backup funds are very important in their own different ways.. Guys who tend to prioritize only their emergency funds over their investments, then to place themselves in a rather difficult position in the faces of unexpected/emergency situations, and as such get forced to liquidate their holding at a probably unfavourable moment... And so in our long-term accumulation, balancing both your investment and investment safety(backup funds) is very important..

For any bitcoin investors to be able to hold bitcoin successful for a long time without tempering with it or selling before they plan to , there is need for them to setup a backup funds. So it is important to set up a backup funds along with there bitcoin investment as they are ongoing with there bitcoin accumulation. The focus alone shouldn't be on bitcoin accumulation rather they should also strive towards setting in place how to be able to hold this bitcoin in there portfolio successfully for a long time and this they can only achieve by setting up a backup funds.

[Showlove01]

Sure.  It is true that guys do not tend to need to build their emergency funds (back up funds) prior to getting started investing into bitcoin, and many times, guys already have some practice that is in place in which they already have some back up funds, so if they add the buying of bitcoin into their weekly habit, then even if they determine that their back up funds might not be enough, they likely can figure out ways (and proportions) so that they can build both their bitcoin holdings and the quantity of their back up funds at the same time and at least in a proportion that they consider to be reasonable for their own circumstances and likely the longer and longer that they are in bitcoin, whether 4-10 years or longer or some other timeline, they will likely increasingly perceive that there is value to both building their bitcoin holdings and also strengthening how they think about back up funds and how they manage such back up funds in order to support their bitcoin holdings and other aspects of their life that will also likely improve too, so long as they are being intentional with their bitcoin investment and cashflow management practices and process.

Like yeah, I totally agree with you idea of proportionately managing both the routine of investing as well as building up of  backup/emergency funds... There shouldn't really be any kind of trade-off since both your investment and backup funds are very important in their own different ways.. Guys who tend to prioritize only their emergency funds over their investments, then to place themselves in a rather difficult position in the faces of unexpected/emergency situations, and as such get forced to liquidate their holding at a probably unfavourable moment... And so in our long-term accumulation, balancing both your investment and investment safety(backup funds) is very important..

For any bitcoin investors to be able to hold bitcoin successful for a long time without tempering with it or selling before they plan to , there is need for them to setup a backup funds. So it is important to set up a backup funds along with there bitcoin investment as they are ongoing with there bitcoin accumulation. The focus alone shouldn't be on bitcoin accumulation rather they should also strive towards setting in place how to be able to hold this bitcoin in there portfolio successfully for a long time and this they can only achieve by setting up a backup funds.

Honestly speaking with you whether these two funds are in place or not it can not stop or should not stop an investor from investing or accumulating if the discretionary income is available. And for your information the back up funds is not strong or useful as emergency funds because as the name implies "emergency" that is how useful it is and it is used when something unexpected happens and as an investor you don't pray for such things to happen even though you will prepare for it and fortunately it doesn't happen all the time, sometimes you can hold as many years as possible without any serious emergency.

[Sim_card]

so you are not entirely correct on this, a newbie can start holding his first Bitcoin from a private wallet and not in centralized exchange.

No one is saying that you shouldn't store your long term bitcoin holdings in a self custody wallet but for a brand new investor who is a no coiner, he doesn't need to start learning about wallets when his discretionary income is available because that will delay him from getting start. You don't need anything that will delay you.

Wallet is the technical aspect of Bitcoin and a brand new investor might fight it difficult to understand it immediately, because it's not everyone that can catch up things fast. There's nothing wrong if the brand new investor starts buying Bitcoin from an exchange and keep the money there while, he continues to learn about which wallet will be his preferred one.

Don't forget that if you rush into using a wallet in the beginning, you might make the wrong choice because you don't know a noncustodial and open source wallet which will also put your bitcoin investment at risk. Just like some newbies who are using Trust Wallet and they will agree with you that it's a good Wallet.

Another reason of storing your bitcoin in an exchange in the beginning is to pile it up there till it reaches up to $500 and above before sending it to your self custody wallet to prevent you from paying high transaction fee in future if transaction fee becomes very high so that, you don't use almost all your profit to pay for transaction fee because of to many small small UTXO. It's good to have a good UTXO management as you are piling up your bitcoin for the future.

[Sticky Bomb]

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

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

I doubt you know what DCA means yourself because you are advising that it is best to buy only when the price is low from the bolded statement. It is a wrong thing to do by investors still at the initial phase of their bitcoin investment journey. DCA is a beginner friendly strategy that allows the investor to buy consistently regardless of the price and the investor has the opportunity to buy when the price is high and as well as dips and as a result the effect of bitcoin price volatility is smoothened out on his investment.

DCA is more about accumulating bitcoin consistently and periodically over a longer period of time in order to build out a sizeable portfolio for yourself. It makes no sense to be targeting lower prices when you should be buying regularly to get ahead in your investment journey, consistency always beats timing the market and you should be aware that starting out your investment journey with timing the market is a trading practice and not that of a serious minded investor

[Merit.s]

Honestly speaking with you whether these two funds are in place or not it can not stop or should not stop an investor from investing or accumulating if the discretionary income is available. And for your information the back up funds is not strong or useful as emergency funds because as the name implies "emergency" that is how useful it is and it is used when something unexpected happens and as an investor you don't pray for such things to happen even though you will prepare for it and fortunately it doesn't happen all the time, sometimes you can hold as many years as possible without any serious emergency.

Who told you that backup funds is not as strong as an emergency funds. Emergency funds is part of backup funds. Backup funds consists of emergency funds, reserve funds and float. That alone has shown that backup funds is stronger than only emergency funds because if you have your reserve funds and you are being hit with real life emergency, you can start using from your reserve funds without tampering your emergency funds. It's if your reserve funds isn't enough to tackle the problem that you can start dipping hands into your emergency funds.

[Emjay24]

You don't even need to know about self custody wallets or even have access to one before you can start investing in bitcoin as a newbie, you will find that alot of bitcoin investors started holding with one exchange or the other before moving on the custodial wallets and today are still holding and accumulating more bitcoin, it's not a must that you must start with a self custodial wallets as a newbie before you can have any chance of success in bitcoin investment, what's most important for a newbie to know is that they need to invest with their discretionary income using a strategy that won't put too much pressure on them and the DCA is that strategy, common sense can help lead them through the rest.

Everyone must not start the same way and now is the era of information wjere everything is at your finger tips, so you are not entirely correct on this, a newbie can start holding his first Bitcoin from a private wallet and not in centralized exchange. There have been many reports of exchange collapse and scamming centralized platforms that people can easily learn from to be safe. Besides, some newbies joined Bitcoin through recommendation of friends so they will definitely start very well and with the right information.

I don't want to believe that you are omg those who think that self custody is something reserved for only experienced investors,  even beginners can imbibe that habit and they will hardly experience scam or loss of funds which is a big motivation for them.

A beginner must not know all these before starting out, it's not a priority. This can be learned as he keeps buying and holding. The most important thing is to get started, even if he starts holding on an exchange. As times goes on he continues learning and patronizing better knowledge and of course starts appreciating self-custody, he would know the best non-custodial wallet to use for self preservation of his coins and then he would transfer it from the exchange to the correct non-custodial wallet. Sending coins to the wallet Everytime he buys might even be very expensive for the newbie if the fees are high and can be discouraging, so it's even better he holds on the exchange for a while and learns how to consolidate his coins there for a while before sending to his wallet to minimize fees.

Stop placing so much requirement on the new investor, he only needs to start as long as he has discretionary income and knows how to buy, he can learn more as he advances in his accumulation journey, he has time to learn that, learning is a gradual process and as he remains committed to his investment journey, he would learn other good practices as regarding safeguarding his sats as he progresses.

[Proty]

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

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

buying bitcoin when the price is low is not DCA strategy but rather it is buying the dip. The DCA strategy, an investor can buy bitcoin at any price without waiting for the price to be low . The moment you start waiting for the price to get low before you start buying them it is no longer DCA strategy but buying the dip. Therefore, it is obvious you don't understand what DCA strategy is from your explanation.

[Gost ms]

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

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

You are a new person.

Right now, you need to learn from everyone. Although I may sound a little bitter, but it is true. Because your misleading comments or misinterpretations can lead a new person astray or miss out on buying opportunities or ruin his investment humanity.

Every time is a right time to buy Bitcoin, or we can say there is no time to buy Bitcoin. The point you have mentioned is completely focused on trading. For an investor, every time is a right time to buy.

If you wait for a fall to buy, you will miss your buying opportunities and fall far behind the goal of building a portfolio, etc. So it is best to continue buying consistently by adopting the DCA method instead of waiting for a fall.

[Tmoonz]

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

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

Mr.leemzy you are just a newbie registered in to the forum for about three months now if am not mistaken considering your registration date, if you have frequent here I believe you should have been able to make more and reasonable impact in your narrative and the most painful part of it is that you are even given advise in such a manner that you know what you are saying, I will tell you for free that have a lot of work to do which is by reading up, we learn every day you know and this is one of the best if not the best place to learn about bitcoin. It is completely wrong if you to advice people not to purchase or invest in Bitcoin presently because of it's present price, what makes you think is wrong to buy Bitcoin at this present price? Or do you think the present price is too high? Let me be sarcastic with you here you can keep waiting to buy bitcoin lower but don't advise others to do the same as you, you talk about DCA as a good strategy yet it doesn't reflect in to your narration rather you end up contradicting yourself.

[PhilosopherKing]

You don't even need to know about self custody wallets or even have access to one before you can start investing in bitcoin as a newbie, you will find that alot of bitcoin investors started holding with one exchange or the other before moving on the custodial wallets and today are still holding and accumulating more bitcoin, it's not a must that you must start with a self custodial wallets as a newbie before you can have any chance of success in bitcoin investment, what's most important for a newbie to know is that they need to invest with their discretionary income using a strategy that won't put too much pressure on them and the DCA is that strategy, common sense can help lead them through the rest.

Everyone must not start the same way and now is the era of information wjere everything is at your finger tips, so you are not entirely correct on this, a newbie can start holding his first Bitcoin from a private wallet and not in centralized exchange. There have been many reports of exchange collapse and scamming centralized platforms that people can easily learn from to be safe. Besides, some newbies joined Bitcoin through recommendation of friends so they will definitely start very well and with the right information.

I don't want to believe that you are omg those who think that self custody is something reserved for only experienced investors,  even beginners can imbibe that habit and they will hardly experience scam or loss of funds which is a big motivation for them.

For person that don't have any bitcoin stash, learning wallet security seem like something they can learn later. I see no reason why person cannot start investing immediately and then ongoingly learn other stuffs as wallet security along the way, so that they don't delay their selfs unnecessarily.

Starting to invest ongoingly is not complex that person must know every inches of bitcoin before starting. A person just have to have discretionary income and common sense, and with that, person can started to invest small with small figures and continue learning and improving their knowledge as their bitcoin stash grow.

Having some bitcoin often give person motivation to learn because they now have something valuable to protect. And as their investments grow up, person can upgrade their security habits.

[Umulala-alala]

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

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

No that's a very wrong advise by saying now it's not a good time to buy bitcoin until it goes lower that's a trading mentality and it's also sending a wrong information to some one who don't know and it's here to know, you have already acknowledge importance of the dca strategy and you are now here advising people to use the buy the dip strategy, the dca strategy is a continuous buying of BTC regular either weekly or monthly so by using this strategy you don't have to wait again for bitcoin to lower before buying because one this will delay your bitcoin accumulation and you will also be missing more good buying opportunity because no body can tell when the price of bitcoin will dip. As long as you have your discretionary income ready you can start buying bitcoin with out waiting for any dip.

[Female King]

Sure.  It is true that guys do not tend to need to build their emergency funds (back up funds) prior to getting started investing into bitcoin, and many times, guys already have some practice that is in place in which they already have some back up funds, so if they add the buying of bitcoin into their weekly habit, then even if they determine that their back up funds might not be enough, they likely can figure out ways (and proportions) so that they can build both their bitcoin holdings and the quantity of their back up funds at the same time and at least in a proportion that they consider to be reasonable for their own circumstances and likely the longer and longer that they are in bitcoin, whether 4-10 years or longer or some other timeline, they will likely increasingly perceive that there is value to both building their bitcoin holdings and also strengthening how they think about back up funds and how they manage such back up funds in order to support their bitcoin holdings and other aspects of their life that will also likely improve too, so long as they are being intentional with their bitcoin investment and cashflow management practices and process.

Like yeah, I totally agree with you idea of proportionately managing both the routine of investing as well as building up of  backup/emergency funds... There shouldn't really be any kind of trade-off since both your investment and backup funds are very important in their own different ways.. Guys who tend to prioritize only their emergency funds over their investments, then to place themselves in a rather difficult position in the faces of unexpected/emergency situations, and as such get forced to liquidate their holding at a probably unfavourable moment... And so in our long-term accumulation, balancing both your investment and investment safety(backup funds) is very important..

For any bitcoin investors to be able to hold bitcoin successful for a long time without tempering with it or selling before they plan to , there is need for them to setup a backup funds. So it is important to set up a backup funds along with there bitcoin investment as they are ongoing with there bitcoin accumulation. The focus alone shouldn't be on bitcoin accumulation rather they should also strive towards setting in place how to be able to hold this bitcoin in there portfolio successfully for a long time and this they can only achieve by setting up a backup funds.

You are right hardyrobust back up funds is always necessary for investors who wants to hold there bitcoin for long and also get to there over-acumulation point, some of the people who failed to reach there goal in bitcoin accumulation failed to set up a back up funds and only depends on there discretionary income because they will sell when there is a serious emergency and selling there bitcoin is just there only hope. Back up funds is an important tool if an investor want to hodl for long this back up funds comprises of emergency funds, reserve funds and floating funds so having all this funds will prevent selling premature.

[Obulis]

Strategies like invest only that you can afford to lose are reserved only for Shit coins. In case of Bitcoin, we must try to invest as much as we can because the chances of getting good profit exceeds the chances of getting loss. For that, one need to develop a mindset that Bitcoin is an asset that can give good return in the long run because without developing that mindset its not possible to get profit from Bitcoin. Once you have that kind of mindset with you, then you can invest aggressively in Bitcoin.

Bitcoin is a highly volatile asset, and so having the mindset of certainty is a very risky advise to be giving... Long term accumulation tend to place folks in a much more better position, but even at that, there is absolutely no guarantee of profitting from Bitcoin accumulation even when the accumulation is done for a longer term duration of say 10years and above.. This uncertainty is majorly the reason why folks have to invest with the amount of amount that they know they can comfortably afford to lose...

Yes that's one of best advice to give a newbie is "invest with discretionary funds" money you can afford to lose because Bitcoin investment is not guaranteed but that being the case, Bitcoin even with every time volatility has proven a beautiful/profitable history for investors. In as much as volatility frightens people who wants to invest in Bitcoin this great history of Bitcoin has for sure made a lot of people to invest and that is not without hope of futuristic possibility of Bitcoin hitting another stand that will make any buy today profitable in this probable beautiful future.

[Yablee0]

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

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

Mr.leemzy you are just a newbie registered in to the forum for about three months now if am not mistaken considering your registration date, if you have frequent here I believe you should have been able to make more and reasonable impact in your narrative and the most painful part of it is that you are even given advise in such a manner that you know what you are saying, I will tell you for free that have a lot of work to do which is by reading up, we learn every day you know and this is one of the best if not the best place to learn about bitcoin. It is completely wrong if you to advice people not to purchase or invest in Bitcoin presently because of it's present price, what makes you think is wrong to buy Bitcoin at this present price? Or do you think the present price is too high? Let me be sarcastic with you here you can keep waiting to buy bitcoin lower but don't advise others to do the same as you, you talk about DCA as a good strategy yet it doesn't reflect in to your narration rather you end up contradicting yourself.

Lol, you know the most funny part of this whole thing is that the person that's busy teaching isn't even sure of what he's even talking about. Am sorry if I sounded too rude to him but the point remains that he really need to work on himself first  before anything , at least let him understand the basics things before confidently teaching or directing other's.  And secondly, he may not understand but if this isn't countered by members of the forum we don't know how many newbies this miss leading information of he's can miss lead people that are just starting up which is not good at all .

As a matter of fact, their is no best time to buy Bitcoin than now, keeping on procrastinating is only doing you more harm than good. And if we think the price is too high or isn't affordable at the moment then I don't think we know Bitcoin too well, because as long as Bitcoin investment is concerned this is just the best and excellent time to buy and get your future secure for life.

[SPIDERMAN008]

You are right hardyrobust back up funds is always necessary for investors who wants to hold there bitcoin for long and also get to there over-acumulation point, some of the people who failed to reach there goal in bitcoin accumulation failed to set up a back up funds and only depends on there discretionary income because they will sell when there is a serious emergency and selling there bitcoin is just there only hope. Back up funds is an important tool if an investor want to hodl for long this back up funds comprises of emergency funds, reserve funds and floating funds so having all this funds will prevent selling premature.

Back-up funds are very important for long-term investment in Bitcoin. But when it comes to selling Bitcoin while reaching the over accumulation stage, we have to talk a little differently. The over accumulation stage is the amount of Bitcoin holding that can be sold regularly to cover all the expenses of the next life, so that the investor will not have a problem even if he does not work for any income after that. But this stage is now very difficult and time-consuming for ordinary people who have less discretionary income to reach.

Now if we talk about selling Bitcoin holdings, then it is not just about selling Bitcoin without having a back-up fund. Because there are many people who can sell Bitcoin despite having a back-up fund and moving away from long-term holding or investment. There are some wrong things about mindset here. If someone starts investing thinking of long-term investment and sells after seeing short-term profit, then the problem is not whether they have a backup fund or not, but rather their mindset.

Sometimes, when they see the price of Bitcoin dropping significantly, they panic sell. For those who do not have this mindset of controlling emotions, backup or discretionary income cannot have any positive effect. First, the mindset has to be fixed, emotions have to be controlled, and there must be a desire, after that, backup funds and discretionary income can help in controlling emotions.

[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

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

buying bitcoin when the price is low is not DCA strategy but rather it is buying the dip. The DCA strategy, an investor can buy bitcoin at any price without waiting for the price to be low . The moment you start waiting for the price to get low before you start buying them it is no longer DCA strategy but buying the dip. Therefore, it is obvious you don't understand what DCA strategy is from your explanation.

I think for someone to be buying bitcoin through the DCA should be on a regular basis and consistent basis where you can always buy bitcoin at anytime that you have a discretionary income, but whatever that makes an individual to be waiting for a dip or for the price of bitcoin to come down before they can start buying bitcoin that is buying through the dip, and that is an awful way of buying bitcoin, because it would definitely present a lot of lost opportunities in the bitcoin market domain, as a beginner or a newbie buying through the DCA should be the best option to stay consistent.

[Tonimez]

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

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

buying bitcoin when the price is low is not DCA strategy but rather it is buying the dip. The DCA strategy, an investor can buy bitcoin at any price without waiting for the price to be low . The moment you start waiting for the price to get low before you start buying them it is no longer DCA strategy but buying the dip. Therefore, it is obvious you don't understand what DCA strategy is from your explanation.

I think for someone to be buying bitcoin through the DCA should be on a regular basis and consistent basis where you can always buy bitcoin at anytime that you have a discretionary income, but whatever that makes an individual to be waiting for a dip or for the price of bitcoin to come down before they can start buying bitcoin that is buying through the dip, and that is an awful way of buying bitcoin, because it would definitely present a lot of lost opportunities in the bitcoin market domain, as a beginner or a newbie buying through the DCA should be the best option to stay consistent.

You're very correct, waiting for Dip is a bad decision on anyone's side of which you stand a risk to miss most good buy opportunities while you think you are waiting for dip. The bitcoin chart is nearly unpredictable at every moment and if you want to predict the market, you may end up procrastinating and never buying bitcoin or buying at a higher price. There's no point thinking that bitcoin is costly at this moment because we have seen bitcoin perform far better than this. So if you know you are serious about owning a bitcoin, then you can buy right away. Beginners mostly wait for dips sometimes due to fear of loosing money or due to lack of the right orientation. If they have the right orientation, they will do better and they won't mind the current price because bitcoin is still very cheap now.

[Bigjoe33]

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

I see you are a newbie and may lack proper understanding about Bitcoin investment..

There is no best timing to buy Bitcoin so long as you have your Discretionary income ready. If you keep waiting for the price of Bitcoin to go down as you mentioned, you may not begin your investment early enough since we can't really predict when the price will come down, or wether it will still keep going up. So it's best you ignore the currently price and begin your accumulation if you have your discretionary income ready, and gradually, you can build up your portfolio and also gaining knowledge from the process.

[JayJuanGee]

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

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

Contrary to your assertion, dollar cost averaging is a superior practice to buying on dips, especially for beginners.  Beginners are starting with absolutely no bitcoin, so they tend to be better to both get the fuck started as soon as possible and to continue to buy at whatever the price for 4-10 years or longer.. and then maybe after they get through their beginner stage they might start to consider dips rather than ongoing, persistent, consistent, regular and perhaps even aggressive buying of bitcoin.

Dip buying as a plan or a practice is inferior because it both encourages waiting for dips that might not happen.. and really if a person is an investor, then they likely would develop a timeline for 4-10 years or longer, so it can take many years to really build up a bitcoin holding, so why start out fucking around, unserious and waiting for dips that might not happen?

[Insanity]

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

In deed DCA is a good Idea but for a new beginner to be thinking about investment with out knowing what DCA means is a very bad idea because at it stands now it is not advisable to purchase or invest in Bitcoins presently because of its present price because it's is better to invest when ever the price of Bitcoins is lower at a particular price.

buying bitcoin when the price is low is not DCA strategy but rather it is buying the dip. The DCA strategy, an investor can buy bitcoin at any price without waiting for the price to be low . The moment you start waiting for the price to get low before you start buying them it is no longer DCA strategy but buying the dip. Therefore, it is obvious you don't understand what DCA strategy is from your explanation.

I think for someone to be buying bitcoin through the DCA should be on a regular basis and consistent basis where you can always buy bitcoin at anytime that you have a discretionary income, but whatever that makes an individual to be waiting for a dip or for the price of bitcoin to come down before they can start buying bitcoin that is buying through the dip, and that is an awful way of buying bitcoin, because it would definitely present a lot of lost opportunities in the bitcoin market domain, as a beginner or a newbie buying through the DCA should be the best option to stay consistent.

You're very correct, waiting for Dip is a bad decision on anyone's side of which you stand a risk to miss most good buy opportunities while you think you are waiting for dip. The bitcoin chart is nearly unpredictable at every moment and if you want to predict the market, you may end up procrastinating and never buying bitcoin or buying at a higher price. There's no point thinking that bitcoin is costly at this moment because we have seen bitcoin perform far better than this. So if you know you are serious about owning a bitcoin, then you can buy right away. Beginners mostly wait for dips sometimes due to fear of loosing money or due to lack of the right orientation. If they have the right orientation, they will do better and they won't mind the current price because bitcoin is still very cheap now.

Yes, it is true that the DCA method can help many new investors begin investing, without the pressure to identify the 'best' entry point. Investors are sometimes caught "waiting for their turn" to buy low and miss out on good opportunities. DCA helps promote consistency as people can purchase bitcoins at regular intervals that they can afford. It also contributes to decreasing the emotional decision making that is provoked by short-term price changes. Although DCA is among the easiest and most effective strategies for long term investors. It is important to know the basics of Bitcoin and risk management before you begin.