Does the DCA strategy inspire newbies to invest?

[letteredhub]

Snip

You are correct to say that any particular time that we cannot be sure if the BTC price is going to go up, down or sideways, especially over a year or two accumulation period, and especially newbies presumptively are starting out with no coins and even if they are buying bitcoin for quite a long time, they will stay a low coiner for quite a long time since it likely takes a decent amount of time to really build a bitcoin holdings that is significant enough to either stop accumulating or to transition from accumulation status into maintenance status.

Accumulating enough bitcoin for a person to claim they're holding enough bitcoin isn't something that can happen within just 1 year, it will take time and that much is to be expected because it is a long term endeavour, even if a person is able to gather what they claim to be enough in 1 year I still can't say they're hit over-accumulation, as far as I'm concerned there is still little to no difference between what that bitcoin would be worth at the time and the actual value of the money they spent to purchase it, making it pointless to even claim to want to invest in bitcoin.

I don't think @Dump3er  was stipulating that you can accumulate sufficient bitcoin through DCA in jus a year, base on context he was only trying to use a one year timeframe as an example for an investor who decides to invest but rather making an excuse of waiting for market to dip more when he could just start buying wether or not the market rises or falls in straight one year.
Some people are just interested about the price movement of bitcoin when about to invest but they failing to pay concentration on the fact that whatever price they buy bitcoin in as much as they're DCAing accumulating for long term they still buying value.

[samadam007]

For those whose daily living expenses are the same every month, who have few family responsibilities and a stable regular strong income source, and who have a strong cash flow, automatic DCA may be a good option. But for those whose income is irregular and expenses are not regular, and who have to fulfill various family responsibilities, I think manual DCA is better.

This your ideology might seems logical on paper, but I want you to be understand that even when you have a stable income source or a stable discretionary income, your weekly or monthly expenses might not be stable because you can fall sick and may need money for treatment, or something may happen that may warrant you to spend money, so you can't be too sure about life because we live in a world full of uncertainty, that's why manually dca remains the best because will have to act pragmatically, base on what is at hand.

Let’s assume we were not investing in Bitcoin in the first place, probably you have other investment you may have put in your money. I guess you’ll still keep some funds as a cushion to that investment in the cases of emergency so you don’t end up taking money from your investment before the desired time and this emergency also include illness or an emergency expenditure, except you’re not keeping emergency funds in the first place.

Despite the emergency funds, I’m not really a fan of automated DCAing, I prefer manual DCA, because I won’t want to put my self through the stress of adjusting the automated/fix amount for DCAing whenever it seems my basic expenditure surpasses my weekly or monthly budget.

Let’s be real here: saying it’s the same for Bitcoin as for other investments is misleading.
Bitcoin drops 50-80% on a regular basis. That kind of crash makes the emergency fund way more critical because the pain is much worse and the temptation to sell at a loss is a lot stronger. Pretending the volatility doesn’t change anything is ignoring reality.
As for manual DCA, cool if it works for you. But most people who prefer manual end up skipping buys when prices are crashing,exactly when they should be buying more. That’s the big risk.
Bottom line is that emergency funds is non negotiable with Bitcoin, and you need real discipline if you’re doing manual DCA. Don’t sugarcoat the risks.

[Rockson1]

Don't blame about DCA during the bearish moment because high risk with your investment assets and actually you need more patience waiting market recovery back to higher price learn more from the latest highest price and right now drop more than 60%.

I'm trying to understand what you are trying to say, however, I don't think you know what DCA method entails, hope you are aware that the DCA method help you in buying Bitcoin steadily with your discretionary income daily, weekly or monthly depending on your preference, you talking about having patience making rocovery back on quote makes me conclude that you are mistaking something to be the DCA method which is not actually what the DCA method entails, dude you need to learn, the best strategy to use in investing in Bitcoin is the DCA method and you know why? It is the most efficient and easy method to apply.

[Joeboy]

[edited out]

I think that those who believe the best way to go about getting into bitcoin is to wait for it to drop in price, are those who buy an apparent dip, perhaps at $50k when it came down from $70k, but then bitcoin keeps dropping and they sell again immediately at $45k because they they timed the market wrong. There are so many people in the forum preaching to buy the dip or in general to be able to spot the dip at all that I lose my mind when I see that. This is a thread about DCA and the whole purpose of DCA is to get in now! If bitcoin drops you get more BTC for you buck, if bitcoin goes up, whatever you bought before goes up in value and you get less BTC for the buck.

Now let's say a potential investor decides to do 52 weeks DCA to build a bag. It is the right decision either way. If bitcoin keeps dropping for 52 subsequent weeks, congratulations for the amount of BTC you could acquire. If Bitcoin goes up for 52 weeks, congratulations because the BTC you bought in week 1 and 2 and 3... 51 now all went up in value.

I understand that you are merely giving an example of a guy buying weekly for a whole year, yet I cannot understand too many examples where a guy would be able to establish enough of a position in bitcoin in 1 year, since investing seems to take a long time, even if a guy might be able to frontload by reallocating from other assets into bitcoin.

Waiting for a dip when you made the final decision to start DCA, which I think is by far the way under current circumstances in the market, is simply nonsense. It undermines the whole idea to start DCA when actually you are obsessed with waiting for a dip.

Sure now everyone will say "see I was right to wait", but in my opinion that is confirmation bias. Nobody really knew where it would go and whether Saylor decides to spread some "FUD" (which I think is not really true, but whatever).
DCA, if you got the means to build a bag on a weekly basis for 52 weeks reliably, is like the perfect insurance against market volatility and any doubt a potential investor may have.

You are correct to say that any particular time that we cannot be sure if the BTC price is going to go up, down or sideways, especially over a year or two accumulation period, and especially newbies presumptively are starting out with no coins and even if they are buying bitcoin for quite a long time, they will stay a low coiner for quite a long time since it likely takes a decent amount of time to really build a bitcoin holdings that is significant enough to either stop accumulating or to transition from accumulation status into maintenance status.

Surely sir, 1year isn't enough for investors to build their bag.... Even when the investment timeline stretches unto a period of like 10years , at times that still dosen't guarantee that folks would have solidly build their portfolio within such time..But then again, investment isn't a marathon race whereby folks pressure themselves to build up their portfolio faster than others... Investment is best, when done with your Discretionary income for long term duration, and since the intention is long term based, folks can very well invest within their capacity by starting out with little amounts and then making increments as they go...

[Dzwaafu11]

Don't blame about DCA during the bearish moment because high risk with your investment assets and actually you need more patience waiting market recovery back to higher price learn more from the latest highest price and right now drop more than 60%.

If you are using the DCA method, you don't have to wait for market to recover, you don't even worry about what the price is doing because both upward and downward in price movement is still fine as the investment is made with the intention of holding it for a long term. What the DCA method care about is investing at regular interval of time. These analysis you gave are just stress in my opinion because the DCA method already solve that problem, just buy what you have planned to invest at every time and hold tight and in years to come, you will be happy with your investment and the decision you made which is to hold against all odds.

This is what some newbies are mistaking, this DCA people are preaching doesnt care what the price of bitcoin is at the moment you want to invest, just do that without wasting time and you will see that in the long run you see profit. Using the DCA method does not mean you are not investing for a long time, it is just another method of investing in bitcoin and will be more easir especially for the people that are willing to invest regularly.

[As-Soon-As]

Don't blame about DCA during the bearish moment because high risk with your investment assets and actually you need more patience waiting market recovery back to higher price learn more from the latest highest price and right now drop more than 60%.

If you are using the DCA method, you don't have to wait for market to recover, you don't even worry about what the price is doing because both upward and downward in price movement is still fine as the investment is made with the intention of holding it for a long term. What the DCA method care about is investing at regular interval of time. These analysis you gave are just stress in my opinion because the DCA method already solve that problem, just buy what you have planned to invest at every time and hold tight and in years to come, you will be happy with your investment and the decision you made which is to hold against all odds.

This is what some newbies are mistaking, this DCA people are preaching doesnt care what the price of bitcoin is at the moment you want to invest, just do that without wasting time and you will see that in the long run you see profit. Using the DCA method does not mean you are not investing for a long time, it is just another method of investing in bitcoin and will be more easir especially for the people that are willing to invest regularly.

This is the most suitable time, and you can invest in any situation if you follow the DCA method. As a result of following the Bitcoin DCA method, if you start investing weekly and continue to purchase Bitcoin for the future, your deposit will be created along with your Bitcoin investment. As a result, you will be able to invest in Bitcoin in any way, following the DCA method will create savings on the purchase price. So if someone invests Bitcoin correctly and moves forward into the future by following the DCA method for a long time, that person will be able to grow his portfolio.

[Decimetre]

Correct me if wrong, DCA not always promising to earn much profitable profitable for strategy to invest in bitcoin exactly enter at the wrong moment, let me explain bit if you buy bitcoin trough DCA during bearish moment I believe you have been long term holder until right now how significant bitcoin movement from higher price to lower price. So lets change the way about investing in bitcoin enter at the right time during bullish moment and you can buy trough DCA or all in based on amount become your saving fund. So if you have small fund better saving in currency or fiat assets and buy back bitcoin later after have lower price.

Don't blame about DCA during the bearish moment because high risk with your investment assets and actually you need more patience waiting market recovery back to higher price learn more from the latest highest price and right now drop more than 60%.

I think your mindset is all about trading because it is mostly traders that are always trying to time the market in other to get the perfect entry point. The idea of waiting for the right time or for the market to be bullish has nothing to do with DCA strategy.
As long DCA strategy is concerned you don't have to wait for the price to be low before you can buy bitcoin. The moment you start waiting for the price to be low before you buy bitcoin then it is no longer DCA strategy but rather buy the dip strategy.

You should use the future days properly by following the Bitcoin DCA method. Because when you are just waiting for the dip to buy, you will only waste your time, because you should not be patient with time. If you should, then you can invest by following the DCA method, you do not have to wait for it to be patient in any way.
In all cases, holding Bitcoin by following the Bitcoin DCA method is the best and best plan. In both cases, this DCA method is the most suitable for investors, where they can definitely reach a better holding level and gain benefits by using this method.

I agree with you. Investing in the DCA method can be a good way for everyone. And if you can continue investing properly with patience, the chances of success increase after a long time. Many people invest a lot of money at once, but then panic due to price volatility.

But since the DCA method is invested with a small amount of discretionary income, in that case, there is not much panic mentally due to this price volatility. Even if the price of Bitcoin has dropped a lot, there is still a mindset of accumulation with the mindset of investing for a long time, so investors who follow the DCA method at this time can take this decrease in price as an opportunity and buy more Bitcoin at a lower price. So, considering all aspects, it can be understood that the DCA method is the best and most suitable of investment for everyone.

The dca strategy is a consistent way of buying bitcoin without waiting for the price to drop before buying, the dca strategy is not using small amount of discretionary income to invest with investor discretionary income defers so it can be done according to investors capability there are investors who uses big amount to dca regularly so saying that the dca strategy is using small amount to invest with means that if have big amount of discretionary income you can't dca it's wrong as any amount can go for dca depending on what the investor has as his discretionary income.

As much as I understand about DCA, I will say that a true and lasting DCA strategy would involve small amount of money for you to be able to hold it for a long time. However, the word "Small" is relative and the amount that is small for Mr A may not be seen as small for Mr B. There are folks whose discretionary income alone is above another folk's basic income and there also folks whose DCA fund is above another folk's basic salary too. This does not make the first instance to be seen as investing with big money because he is investing a small amount of money at his level.

This is the difference between the rich investors and the poor investors. A discretion income is the money which a person does not need or will not be needing for a long time; this is the money they use for bitcoin investment. In most cases, this discretionary income is usually only a small percentage of a person's basic income and if this is true, then it means that one only uses a small money relatively for his DCA strategy.

If you use big money at your level for DCA strategy, there are chances that you're investing above what you can hold and if you do, a time may come when you can no longer wait further or you may run into financial crisis that would push you into selling your bitcoin sooner than you had earlier planned. It is always good to keep greed aside when you are investing in bitcoin so that you won't only be too focused on profit and invest above what you can hold for at least 4 to 10 years time.

[Rustam Meraj]

This is the most suitable time, and you can invest in any situation if you follow the DCA method. As a result of following the Bitcoin DCA method, if you start investing weekly and continue to purchase Bitcoin for the future, your deposit will be created along with your Bitcoin investment. As a result, you will be able to invest in Bitcoin in any way, following the DCA method will create savings on the purchase price. So if someone invests Bitcoin correctly and moves forward into the future by following the DCA method for a long time, that person will be able to grow his portfolio.

For a normal investor, it may be almost impossible to find exact top or bottom of market and thus it is best to make small regular investments on weekly basis. I think best thing about a DCA plan is that you get to change your attitude from careless gambler to careful saver. If you are in market buying, you are going to bring down your average purchase price over time without it even coming to you. As long as a person keeps his/her weekly routine for couple of years, his/her total coin balance will be always growing. It is a steady way and surely safest way to earn big if you are seeking to build serious money in crypto without sleepless nights.

[alankasman]

This is the most suitable time, and you can invest in any situation if you follow the DCA method. As a result of following the Bitcoin DCA method, if you start investing weekly and continue to purchase Bitcoin for the future, your deposit will be created along with your Bitcoin investment. As a result, you will be able to invest in Bitcoin in any way, following the DCA method will create savings on the purchase price. So if someone invests Bitcoin correctly and moves forward into the future by following the DCA method for a long time, that person will be able to grow his portfolio.

Because investing doesn't require waiting especially since the DCA strategy we use has no time limit on making purchases. This means anyone can buy Bitcoin at any time whether weekly or monthly. This method is highly effective in facilitating Bitcoin purchases. This pattern is currently the most popular as many people use the DCA strategy when buying Bitcoin. Another reason is that it's easy to understand which motivates many to follow this pattern increasing their willingness to buy Bitcoin whenever they earn income from work ultimately leading to a substantial amount of BTC.
A long-term DCA strategy is more appropriate because it focuses more on portfolio development. The investment strategy which buys Bitcoin for the future will increase portfolio movement over time. Following a long-term DCA strategy is crucial for growing your portfolio as long-term investment strategies ensure continued growth for the future.

[ZeroVinsonN]

Snip

You are correct to say that any particular time that we cannot be sure if the BTC price is going to go up, down or sideways, especially over a year or two accumulation period, and especially newbies presumptively are starting out with no coins and even if they are buying bitcoin for quite a long time, they will stay a low coiner for quite a long time since it likely takes a decent amount of time to really build a bitcoin holdings that is significant enough to either stop accumulating or to transition from accumulation status into maintenance status.

Accumulating enough bitcoin for a person to claim they're holding enough bitcoin isn't something that can happen within just 1 year, it will take time and that much is to be expected because it is a long term endeavour, even if a person is able to gather what they claim to be enough in 1 year I still can't say they're hit over-accumulation, as far as I'm concerned there is still little to no difference between what that bitcoin would be worth at the time and the actual value of the money they spent to purchase it, making it pointless to even claim to want to invest in bitcoin.

I don't think @Dump3er  was stipulating that you can accumulate sufficient bitcoin through DCA in jus a year, base on context he was only trying to use a one year timeframe as an example for an investor who decides to invest but rather making an excuse of waiting for market to dip more when he could just start buying wether or not the market rises or falls in straight one year.
Some people are just interested about the price movement of bitcoin when about to invest but they failing to pay concentration on the fact that whatever price they buy bitcoin in as much as they're DCAing accumulating for long term they still buying value.

You are right and I did not say that he was, I was simply pointing out that for people who actually believe that it's possible to acquire enough bitcoin in such a short amount of time, bitcoin doesn't actually work that way, bitcoin investment will only have a chance of success if it's don't long term, even if a person lump summed and bought alot of bitcoin in the space of a year they would still have to hold beyond that year to be able to get anything reasonably outside of their initial investment capital making the idea of being able to complete one's investment in one year unrealistic.

[Alonso_]

Don't blame about DCA during the bearish moment because high risk with your investment assets and actually you need more patience waiting market recovery back to higher price learn more from the latest highest price and right now drop more than 60%.

If you are using the DCA method, you don't have to wait for market to recover, you don't even worry about what the price is doing because both upward and downward in price movement is still fine as the investment is made with the intention of holding it for a long term. What the DCA method care about is investing at regular interval of time. These analysis you gave are just stress in my opinion because the DCA method already solve that problem, just buy what you have planned to invest at every time and hold tight and in years to come, you will be happy with your investment and the decision you made which is to hold against all odds.

This is what some newbies are mistaking, this DCA people are preaching doesnt care what the price of bitcoin is at the moment you want to invest, just do that without wasting time and you will see that in the long run you see profit. Using the DCA method does not mean you are not investing for a long time, it is just another method of investing in bitcoin and will be more easir especially for the people that are willing to invest regularly.

Mostly in times like this you see newbies panicking because of the price of bitcoin coming down drastically, but as a bitcoin investor it’s more likely that we should be buying more bitcoin on a long term basis considering that we have some irregularities in our bitcoin portfolio, buying regularly is more important in times like this, using the DCA would be very much appreciated and it gives an opportunity of buying bitcoin, now that we have a very low price in bitcoin it’s very possible and gives more opportunity to keep buying and accumulating bitcoin on a regular basis with consistency.

[Charcol]

Don't blame about DCA during the bearish moment because high risk with your investment assets and actually you need more patience waiting market recovery back to higher price learn more from the latest highest price and right now drop more than 60%.

If you are using the DCA method, you don't have to wait for market to recover, you don't even worry about what the price is doing because both upward and downward in price movement is still fine as the investment is made with the intention of holding it for a long term. What the DCA method care about is investing at regular interval of time. These analysis you gave are just stress in my opinion because the DCA method already solve that problem, just buy what you have planned to invest at every time and hold tight and in years to come, you will be happy with your investment and the decision you made which is to hold against all odds.

This is what some newbies are mistaking, this DCA people are preaching doesnt care what the price of bitcoin is at the moment you want to invest, just do that without wasting time and you will see that in the long run you see profit. Using the DCA method does not mean you are not investing for a long time, it is just another method of investing in bitcoin and will be more easir especially for the people that are willing to invest regularly.

This is the most suitable time, and you can invest in any situation if you follow the DCA method.

By following the DCA strategy, an investor does not have to sit around looking at the market price. Also, DCA can be done on a regular weekly or monthly basis to average the purchase price. Also, DCA allows people with all types of regular and irregular contractual income to invest whatever discretionary income they have, minus their expenses.

But you also need to understand that DCA is just an investment strategy, not a magic formula that will fix your financial mistakes or poor money management. DCA reduces the hassle of market timing but does not eliminate risk. If someone buys Bitcoin with money they need, bills, food, rent or emergency fund money, they will still be at risk even if they do DCA. Because if the market goes down and they need urgent money, they may have to sell it at a loss.

DCA will give the best results when you invest with your own discretionary income. If the situation is bad and you invest with the money you need, you are not actually saving but rather weakening your financial situation.

[Obulis]

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.

Spiderman made a very clear point that needs to be always upheld to avoid any form of confusion or whatever to newbies, because when you say ( "beginners easily grasp DCA: if crypto drops") it's by all means saying that a newbie has grasp this DCA strategy for baseless and scam tokens also and can apply it generally when emphasis is supposed to be on Bitcoin directly to undermine a second thinking of any other token by a newbie who is looking forward to building their Bitcoin portfolio. Specifying "Bitcoin" will indeed reduce or totally remove the distraction that baseless and scam tokens will put on the table.

[Jody.Drummer]

...

First we don't know when the price will go down or up, but keep in mind bitcoin tends to go up in price and if you wait for the price to go down to buy it seems like it's just delaying time, not to mention if for example now the price goes down and you buy it with all the money and the amount you have or even as you said with DCA but at that time the price is still likely to go down and it could be that what is done is not to maintain but to sell it at a lower price. And even if the situation is that we have small funds then it doesn't mean we can't buy, with the DCA it helps some people who want to invest with a relatively small amount.

In my opinion no one is right in predicting the price whether it is decreasing or increasing so we don't need to worry about what is happening in the market regarding prices because our job if we are people who are involved in this forum is better for us to see price movements with the aim of being able to make purchases by accumulating the amount that we will add but we don't need to wait to start because usually if we wait at the right time according to our thoughts we will always lose our opportunity to add to the amount that we want to make an asset, so for me the thing that we don't need to do in Bitcoin investment is waiting for the time to do it and have the intention and goal of our planning in buying Bitcoin without worrying about the price that occurs whether it is decreasing or in a period of increase clearly we don't need to know when it's time to go down and when it's time to go up but keep doing it to increase the number of Bitcoins that will become our assets one day.

It's true that you said that, although it makes sense to buy when the price drops but the problem is that we don't know for sure when it will happen or even won't happen in the long run. If we already understand investing in bitcoin then it's better to just start, don't feel discouraged by the capital that will be accumulated in this small amount, but starting with a small one first is better than nothing. On the other hand even though we expect profits but this should not be a benchmark for short-term profits, this will be an asset someday in the future as you said. And with this DCA strategy, it helps someone who wants to invest using an amount that can be determined by ourselves.

[Qhunman]

This is the most suitable time, and you can invest in any situation if you follow the DCA method. As a result of following the Bitcoin DCA method, if you start investing weekly and continue to purchase Bitcoin for the future, your deposit will be created along with your Bitcoin investment. As a result, you will be able to invest in Bitcoin in any way, following the DCA method will create savings on the purchase price. So if someone invests Bitcoin correctly and moves forward into the future by following the DCA method for a long time, that person will be able to grow his portfolio.

Dca is the best bitcoin strategy it requires no limitations to how many times you can invest in a day as you can invest as many time as you can using your discretionary income. DCA method is suitable for all kind of investors and it's very efficient and convenient for a long-term investment. It reduces stress of timing the market and mitigate the risk as you invest for the long-term but it doesn't offer any kind of guaranteed in the long term. DCA strategy is more effective to build a faster portfolio compared to the other two strategy. DCA is strategy is best effective also for newbies who want to grow their portfolio faster and reach their goals.

[The Founding Titan]

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.

Spiderman made a very clear point that needs to be always upheld to avoid any form of confusion or whatever to newbies, because when you say ( "beginners easily grasp DCA: if crypto drops") it's by all means saying that a newbie has grasp this DCA strategy for baseless and scam tokens also and can apply it generally when emphasis is supposed to be on Bitcoin directly to undermine a second thinking of any other token by a newbie who is looking forward to building their Bitcoin portfolio. Specifying "Bitcoin" will indeed reduce or totally remove the distraction that baseless and scam tokens will put on the table.

It's the wrong use of term like this that ned up misleading people especially newbies who don't really understand how the space works yet, you are right, when people are talking about bitcoin they should place their emphasis on bitcoin, using the right terms instead of using misleading and vague terms like crypto can make the difference in someone putting their money in the right or wrong place, the amount of scam projects and shitcoins out there are so much, to not accidentally mislead people into engaging themselves with these kinds of shitcoins it better to use BITCOIN when talking about BITCOIN.