Does the DCA strategy inspire newbies to invest?

[alankasman]

...

It is necessary to follow various strategies to maintain Bitcoin investment, because those who follow the DCA method use emergency funds to protect their Bitcoin investment. And in order for Bitcoin investment to continue for a long time, the person increases his Bitcoin holdings with his discretionary income. So the more strategies he follows in Bitcoin investment, the more secure he will be, he must be vigilant to protect his Bitcoin investment in the future days.
Buying Bitcoin aggressively is not advisable at all, so it is necessary to form an emergency fund and advance Bitcoin investment so that Bitcoin investment can last for a long time in a safe manner.

If this method allows them to continue investing they must maintain their current strategy as they rarely manage to follow the many strategies used. However after understanding what you've said, this is certainly one way to foster sustainable investment over the long term. Many people including myself often don't fully understand how to secure long-term investments. However after this discussion, perhaps many will follow suit. This is to secure our investments for the future utilizing multiple strategies but the ultimate goal is the same.

There's no need to make aggressive purchases as this can be problematic for those with unstable cash flow except for those with income exceeding their needs. However that's not necessary even if they have it. As I said what's needed when purchasing is financial stability. It's better to do it gradually and consistently to avoid problems that could disrupt our consistent accumulation.

[gracreavix]

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.

Don't go misquoting what I said, I did not say a newbie can't start accumulating bitcoin using self custody wallets, what I meant was that it was not a must for a person to have a self custody wallet before they can start accumulating bitcoin, if you already have access to one and you want to start accumulating bitcoin then you would be wrong to not make use of it but if you don't have one and maybe in the off chance that you don't know about them then you can start start accumulating bitcoin, it will make sense to switch to a self custody wallet as quickly as possible but it's not in a place where it you don't have or know about it then you can't invest in bitcoin.
If you are starting with it then that's perfect, if you don't know about them then that shouldn't be your excuse for not starting to accumulate bitcoin yet because you don't know which wallet to use for holding, start with what you have and move your bitcoin once you have the right wallet.

The question is, is there actually any restriction on who can use self custody wallet or private wallet? The answer is NO. Anybody can use either, even a beginner.
If as a beginner you already have a self custody wallet and understand how to use it properly, then good for you. If you don’t have one yet, that’s also fine. The important thing is being able to buy and store your Bitcoin safely at that stage instead of delaying your accumulation.
With time, as the beginner learn more and become more comfortable with Bitcoin, he or she can then make the decision to move theirs holdings to a self custody wallet and take full control of the coins.

[ZeroVinsonN]

The DCA tops everyother investment strategy and it's not even up for debate, imagine that I have an initial investment plan of 10 years with hopes of pushing even further after that and at the end of that 10 years I barely have any holdings because I was busy waiting for dips that didn't happen the way I wanted, that's an entire decade with next to nothing to show for it, why do something like that to myself when I can instead be accumulating bitcoin using the DCA, my plan isn't short term so even though each individual buy might look small, a culmination of the years I would have put in would definitely show that what seemed little at first was just a single brick in a great wall, there is no way to see the results of your efforts from the beginning, it's always at the end that the means is justified.

DCA has become an interesting option that people can not keep their fingers off, and with you having an initial plan of 10 years, then the best thing will be using DCA, that is, if you are planning to buy with limited funds, because there is a difference between people who already have enough resources to buy and all they need to do is that for them. to just remove money and then buy people like that who don't need DCA for them to buy they already have the resources.

You are getting something wrong here, even though you have all the discretionary income in the world (and that's a big if) you can still accumulate bitcoin using the DCA method, it's not limited to people who get low amounts of discretionary income from time to time, such an assessment can be said to be poor sighted and misguided, of course they could choose to lump sum as well because the have the funds to do so with but that doesn't in anyway eliminate the DCA from their investment plans.
The DCA doesn't discriminate between the wealthy and the not so wealthy, it works for everyone just the same with the only clear difference being that one person might be buying more than the other because they have access to more discretionary income but at the end of the day both are buying bitcoin with their discretionary income using the DCA.

[cyberninja2]

The DCA doesn't discriminate between the wealthy and the not so wealthy, it works for everyone just the same with the only clear difference being that one person might be buying more than the other because they have access to more discretionary income but at the end of the day both are buying bitcoin with their discretionary income using the DCA.

This method is more general meaning anyone can use it. It's not limited to those with more than sufficient finances or even those with only one source of income. Therefore this method is never intended for those with large incomes so there's no difference in its use.

It is true as you said that what makes the difference is those who choose to accumulate in large amounts so that the difference is only focused on the nominal amount of the accumulated amount by two people, one of whom is a person who has a source of income, of course it is natural for them to accumulate Bitcoin in any amount and this is more towards the decision made by people who dare to mentally in doing the amount of accumulation because there are also incidents where many have income but they also do not have the guts to accumulate Bitcoin so that in the end they prefer to do it with the amount that is often done by those who are classified as less able or poor.

[Futurexxx]

DCA has become an interesting option that people can not keep their fingers off, and with you having an initial plan of 10 years, then the best thing will be using DCA, that is, if you are planning to buy with limited funds, because there is a difference between people who already have enough resources to buy and all they need to do is that for them. to just remove money and then buy people like that who don't need DCA for them to buy they already have the resources.

I don't know why most of us here are not learning, some of us here are still thinking that the dca accumulating strategy is only meant for the poor. No, that is wrong, the dca accumulating strategy is meant for all, and just because it's the most easiest and convenient way of investing, some people are now thinking that it's meant specifically for the poor , which is not true.

Additionally, when investing in Bitcoin through the dca accumulating strategy, what is more important is consistency, because without being consistent, you can't achieve your set goals, so consistency is a must, if you want to accumulate a huge stash of Bitcoin using the dca accumulating strategy.

[Yablee0]

The DCA doesn't discriminate between the wealthy and the not so wealthy, it works for everyone just the same with the only clear difference being that one person might be buying more than the other because they have access to more discretionary income but at the end of the day both are buying bitcoin with their discretionary income using the DCA.

This method is more general meaning anyone can use it. It's not limited to those with more than sufficient finances or even those with only one source of income. Therefore this method is never intended for those with large incomes so there's no difference in its use.

It is true as you said that what makes the difference is those who choose to accumulate in large amounts so that the difference is only focused on the nominal amount of the accumulated amount by two people, one of whom is a person who has a source of income, of course it is natural for them to accumulate Bitcoin in any amount and this is more towards the decision made by people who dare to mentally in doing the amount of accumulation because there are also incidents where many have income but they also do not have the guts to accumulate Bitcoin so that in the end they prefer to do it with the amount that is often done by those who are classified as less able or poor.

You are right because the DCAing method is very entertaining to every set of person's. This method set no limitations or boundaries, no discrimination between investors, it's a strategy set aside to give even the poor the opportunity to invest without thinking of going bankrupt in anyway. Hence this method is available or being put in place any excuse for not investing in Bitcoin investment is not accommodated because it got us covered and enable us to arrive at our dreamed level in our investment journey.

[Jody.Drummer]

DCA has become an interesting option that people can not keep their fingers off, and with you having an initial plan of 10 years, then the best thing will be using DCA, that is, if you are planning to buy with limited funds, because there is a difference between people who already have enough resources to buy and all they need to do is that for them. to just remove money and then buy people like that who don't need DCA for them to buy they already have the resources.

I don't know why most of us here are not learning, some of us here are still thinking that the dca accumulating strategy is only meant for the poor. No, that is wrong, the dca accumulating strategy is meant for all, and just because it's the most easiest and convenient way of investing, some people are now thinking that it's meant specifically for the poor , which is not true.

Additionally, when investing in Bitcoin through the dca accumulating strategy, what is more important is consistency, because without being consistent, you can't achieve your set goals, so consistency is a must, if you want to accumulate a huge stash of Bitcoin using the dca accumulating strategy.

DCA is a strategy that can be used by anyone and isn't limited to a specific group. Even low-income or poor people can use it, let alone those with high incomes. I don't see a clear reason to consider this strategy exclusively for the poor, although there is a reason, but that's a false statement. The most suitable combination with the DCA strategy is consistency, as it's best done consistently. This strategy makes sense and can inspire beginners, making it a suitable approach for beginners.

[Emjay24]

It is necessary to follow various strategies to maintain Bitcoin investment, because those who follow the DCA method use emergency funds to protect their Bitcoin investment.

Emergency fund is not only for those using DCA strategy, it is essential for all bitcoin investors to have their emergency fund to protect their portfolio from being tampered in the face of emergencies. It is not necessary to follow various strategies in order to maintain your portfolio as long as you're not planning to sell or take profit within a short while, DCA is enough for a person who intends to accumulate periodically for a long-term, although certain unplanned availability of funds from work bonus, gifts, e.t.c can make more discretionary income available and the investor can decide to lump sum with all of it into bitcoin at once while he keeps maintaining his periodic buys.

Buying Bitcoin aggressively is not advisable at all, so it is necessary to form an emergency fund and advance Bitcoin investment so that Bitcoin investment can last for a long time in a safe manner.

Buying bitcoin aggressively is not bad if the investor is able to do it from the place of comfort, the problem is over aggressiveness which means investing beyond your available discretionary income, if the investor can put more percentage of his discretionary income into bitcoin comfortably, then he is being aggressive. It is important to note that investors can still get more aggressive when they are done building their emergency fund, they can channel back the funds meant for it into bitcoin buying to increase their aggressiveness.

For example:
If a person who has $100 discretionary income uses $50 to buy bitcoin, $30 for backup fund and $20 for discretionary consumption, he puts 50% into buying bitcoin. If such a person finishes building his emergency fund to be 3 months worth of his expenses and stops building it, he can channel the $30 into buying bitcoin and now uses $80 to buy bitcoin, his aggressiveness has increased since he now uses 80% of his discretionary income to buy bitcoin.

[Sticky Bomb]

There's no need to make aggressive purchases as this can be problematic for those with unstable cash flow except for those with income exceeding their needs.

Aggressiveness has nothing to do with the stability of your cashflow, you can have unstable cashflow and still have discretionary income from it and if you're able to put a bigger share of your discretionary income into buying bitcoin comfortably, then you're being aggressive in a healthy way. If a contractor occasionally lands good contracts and has some good savings before coming into bitcoin, he can get aggressive since his previous savings can act as backup funds allowing him to comfortably put a bigger share of his discretionary income into bitcoin.

People without income above their needs should not even invest because they wouldn't have discretionary income yet, having discretionary income is the pre-requisite to start investing and there must be spare cash after attending to your expenses before you can start buying bitcoin consistently.

[Obulis]

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?

The dip is actually an opportunity cost (losing a chance by chosing another chance) and so it's not what a newbie should be waiting for when the waiting can possibly amount to no Bitcoin which makes the dip buying plan or practice inferior for a newbie particularly. Dollar cost averaging is actually great for a newbie since it helps in accumulating more Bitcoin at lower price than high price, it removes emotions that can affect buying and likewise reduce the impact associated with market crash.

[reagansimms]

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?

The dip is actually an opportunity cost (losing a chance by chosing another chance) and so it's not what a newbie should be waiting for when the waiting can possibly amount to no Bitcoin which makes the dip buying plan or practice inferior for a newbie particularly. Dollar cost averaging is actually great for a newbie since it helps in accumulating more Bitcoin at lower price than high price, it removes emotions that can affect buying and likewise reduce the impact associated with market crash.

Beginners who wait for Bitcoin value to drop often get stuck in a waiting mode because Bitcoin is highly volatile. If they have that mindset, they will miss the train when the price suddenly spikes due to a market trend reversal. In Bitcoin investment, waiting for the price to drop means holding their capital so that it does not work, if the wait takes months and the Bitcoin price continues to soar, then they have the potential to fail to own Bitcoin and will mathematically lose the profit from the potential increase.

Rather than guessing the price or waiting for the value to drop, the best step is to accumulate Bitcoin slowly by using a DCA strategy that relies entirely on a system and discipline in determining the buying schedule, not on panic or greed. For beginners who don't yet understand in-depth technical analysis, it's best to start with the DCA strategy because it's more reliable than the buy the dip plan.

[BTC princess]

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

Morst newbies, DCA which is the Dollar cost Average, strategy is the best and the safest way and most practice way to start investing in Bitcoin. Instead of using another way to predict market highs and lows , a bigginer invests a fixed amount of money at weekly or monthly intervals, which will help the investor to reduce some impact of Bitcoins short time price volatility and remove a lot of bad feelings decisions making that often which will brings mistakes in the Bitcoin investment journey.
DCA largely depends on the investor actitude, consistency, and investing horizon. Note their is no guaranteed of profit, Bitcoin has historically rewards long-term holders that accumulated different markets cycles and remained patient.
DCA also helps beginners build a good habit of saving their investing without hard feelings pressured to time the market.
Beginners should invest only from discretionary income and make sure to maintain an emergency funds for unpleasant situations.

[Ishicryptic]

There's no need to make aggressive purchases as this can be problematic for those with unstable cash flow except for those with income exceeding their needs.

Aggressiveness has nothing to do with the stability of your cashflow, you can have unstable cashflow and still have discretionary income from it and if you're able to put a bigger share of your discretionary income into buying bitcoin comfortably, then you're being aggressive in a healthy way. If a contractor occasionally lands good contracts and has some good savings before coming into bitcoin, he can get aggressive since his previous savings can act as backup funds allowing him to comfortably put a bigger share of his discretionary income into bitcoin.

People without income above their needs should not even invest because they wouldn't have discretionary income yet, having discretionary income is the pre-requisite to start investing and there must be spare cash after attending to your expenses before you can start buying bitcoin consistently.

There are different strategies of Bitcoin accumulation and one of them is aggressive buying which can be tied to any of the three popular Bitcoin accumulation strategies, you can buy aggressively with any of the strategies by pumping more funds than you ordinarily should. In buying aggressively you have to be more financially capable at the time of purchase so the strategy is not quite recommendable for investors who are not quite financially capable.

If you want to buy aggressively with your lump sum it means that for example instead of using $1000 which is what you can afford you will raise the bar to $1500 or $2000 which can affect other expenses. Also if you want to apply aggressive buying in your DCA accumulation then for example instead of using maybe $100 that you can conveniently afford from your discretionary funds you will be using $200.

[cocadalcan]

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?

The dip is actually an opportunity cost (losing a chance by chosing another chance) and so it's not what a newbie should be waiting for when the waiting can possibly amount to no Bitcoin which makes the dip buying plan or practice inferior for a newbie particularly. Dollar cost averaging is actually great for a newbie since it helps in accumulating more Bitcoin at lower price than high price, it removes emotions that can affect buying and likewise reduce the impact associated with market crash.

For a new investor accumulation Bitcoin in DCA is a long term investment because as his investment experience increases in any price trend, so does the amount of Bitcoin holding. If you wait for the price to decrease to invest it will be a waste of time and you will miss the best investment opportunity. Traders always focus more on price fluctuations to buy or sell but smart and long term investors accumulate Bitcoin regularly through discretionary income. DCA is not only used by small and new investors to store Bitcoin. Large corporate Bitcoin holding institutions regularly buying Bitcoin in this method such as Michael Saylor's "Strategy".

[Charcol]

The DCA doesn't discriminate between the wealthy and the not so wealthy, it works for everyone just the same with the only clear difference being that one person might be buying more than the other because they have access to more discretionary income but at the end of the day both are buying bitcoin with their discretionary income using the DCA.

Therefore this method is never intended for those with large incomes so there's no difference in its use.

"DCA large income" is not clear what you are saying. It is actually misleading to say that DCA is only a method for low-income people or less relevant for high-income people. In my opinion, anyone can do DCA even if they have a lot of income. Because DCA is not just about buying in small amounts, but DCA can be used as a method to gradually build a position according to cash flow. Even many investors use DCA despite having a large income, because they want to control the average purchase price of the purchase. Again, if someone has a large amount of extra money in their hands, they can buy lump sum, DCA, dip buying, reserve all together. Therefore, the usefulness of DCA cannot be judged by income size.

[icebar]

The DCA doesn't discriminate between the wealthy and the not so wealthy, it works for everyone just the same with the only clear difference being that one person might be buying more than the other because they have access to more discretionary income but at the end of the day both are buying bitcoin with their discretionary income using the DCA.

This method is more general meaning anyone can use it. It's not limited to those with more than sufficient finances or even those with only one source of income. Therefore this method is never intended for those with large incomes so there's no difference in its use.

It is true as you said that what makes the difference is those who choose to accumulate in large amounts so that the difference is only focused on the nominal amount of the accumulated amount by two people, one of whom is a person who has a source of income, of course it is natural for them to accumulate Bitcoin in any amount and this is more towards the decision made by people who dare to mentally in doing the amount of accumulation because there are also incidents where many have income but they also do not have the guts to accumulate Bitcoin so that in the end they prefer to do it with the amount that is often done by those who are classified as less able or poor.

You are right because the DCAing method is very entertaining to every set of person's. This method set no limitations or boundaries, no discrimination between investors, it's a strategy set aside to give even the poor the opportunity to invest without thinking of going bankrupt in anyway. Hence this method is available or being put in place any excuse for not investing in Bitcoin investment is not accommodated because it got us covered and enable us to arrive at our dreamed level in our investment journey.

There is no doubt that the DCA strategy is quite good. But you have presented DCA in such a way that it solves everyone's problems and does not provide an "excuse for not investing". Your blanket statement is weak. Because if someone does not have discretionary income and cannot manage their own necessary expenses properly, then it is probably not right to force them to start DCA. No matter how good the DCA method is, it does not eliminate the risk of bankruptcy of a person by itself. Rather, using the DCA strategy, risk control comes through proper cashflow management, setting aside necessary expenses, emergency fund and staying within your means.

[Alpen]

The DCA strategy is perfect for beginners because it’s simple and easy to understand. Trading itself is inherently complex, mostly because market laws are completely counter-intuitive to the everyday experience of an average person. And people like that make up the vast majority of the crypto market.

Beginners easily grasp DCA: if crypto drops, you just average down your entry price. Or another classic rule—when you get your paycheck, you allocate a portion of it to Bitcoin.

On top of that, DCA is fully automated on my exchange. Unlike other platforms, the Cryptomus bot can scale from basic averaging to a complex grid bot—there is something for every preference. Grid trading is essentially an advanced derivative of DCA, and it’s incredibly popular right now, with over 60% of traders utilizing it.

[ZeroVinsonN]

The DCA strategy is perfect for beginners because it’s simple and easy to understand. Trading itself is inherently complex, mostly because market laws are completely counter-intuitive to the everyday experience of an average person. And people like that make up the vast majority of the crypto market.

Beginners easily grasp DCA: if crypto drops, you just average down your entry price. Or another classic rule—when you get your paycheck, you allocate a portion of it to Bitcoin.

On top of that, DCA is fully automated on my exchange. Unlike other platforms, the Cryptomus bot can scale from basic averaging to a complex grid bot—there is something for every preference. Grid trading is essentially an advanced derivative of DCA, and it’s incredibly popular right now, with over 60% of traders utilizing it.

The DCA is the easiest to use of the BITCOIN investment strategies which is one of the major reasons why newbies who want to accumulating bitcoin are better off using it instead of trying to complicate their start with other strategies that are not all that newbie friendly, even common sense will confirm to a person that if they want to start accumulating bitcoin then the best strategy for them to use since their accumulation plan of long term is the DCA, with time and depending on the availability of their discretionary income they can employ the use of other strategies but the DCA being their primary choice is the 'common sense' thing to do.

[SPIDERMAN008]

The DCA strategy is perfect for beginners because it’s simple and easy to understand. Trading itself is inherently complex, mostly because market laws are completely counter-intuitive to the everyday experience of an average person. And people like that make up the vast majority of the crypto market.

Beginners easily grasp DCA: if crypto drops, you just average down your entry price. Or another classic rule—when you get your paycheck, you allocate a portion of it to Bitcoin.

On top of that, DCA is fully automated on my exchange. Unlike other platforms, the Cryptomus bot can scale from basic averaging to a complex grid bot—there is something for every preference. Grid trading is essentially an advanced derivative of DCA, and it’s incredibly popular right now, with over 60% of traders utilizing it.

The word crypto that you are actually using is not correct. Bitcoin is being discussed here. Bitcoin and crypto are not the same thing. Crypto basically refers to all types of tokens. Where many tokens are there to scam . And most of the tokens are lost over time and their control is with a third party. Where Bitcoin has no regulator. It is independent and everyone uses it independently. Which is more likely to get profit if held for a long time. It is the strongest, safest and most accepted digital currency in the world. Bitcoin's position is at the forefront. Therefore, Bitcoin should always be called Bitcoin. The word crypto will confuse newbies. Therefore, it is better not to use such words where Bitcoin is being discussed.

[Merit.s]

On top of that, DCA is fully automated on my exchange. Unlike other platforms, the Cryptomus bot can scale from basic averaging to a complex grid bot—there is something for every preference. Grid trading is essentially an advanced derivative of DCA, and it’s incredibly popular right now, with over 60% of traders utilizing it.

We are not talking about trading here so don't come and start hyping trading and mislead newbies for them to think that trading is good when we are talking about how to accumulate bitcoin with DCA overtime in other to pile up wealth for yourself in future.

Grid trading or whatever, you call it is still a wide road to big losses because trading is the same thing with gambling since all traders will be at loss in the long run. I will advise newbies to start their crypto journey with long term bitcoin investment using DCA to accumulate bitcoin weekly provided that your discretionary is available.

Newbies shouldn't engage in activities that they will later regret their actions in future which is why you should have a bitcoin target and keep your bitcoin accumulation ongoing and stay focused on reaching your bitcoin target.

You don't DCA to sell when the price is high, you DCA to continue building your bitcoin portfolio overtime without selling till your reach your over accumulation stage.