Does the DCA strategy inspire newbies to invest?

[ruykeri]

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.

Not everyone has the same mindset. Many people have high levels of emotion, so even after doing DCA with discretionary income, many panic and sell when the price drops. I myself noticed something today. Today, after going to work, I found out from a colleague that his brother used to buy Bitcoin regularly. Suddenly, when he saw the price of Bitcoin dropping again, he got scared and sold everything. My colleague was saying that he had been very mentally unstable for the past few days. When he said that his brother used to buy Bitcoin regularly little by little, I immediately realized that he might have been doing DCA. But even after doing DCA, he sold it, I did not understand this. It may seem that he did not have a backup fund. But I am aware of their financial situation. The person my colleague was talking about was quite financially well. So there was no situation to sell Bitcoin to meet an urgent need. Still, he might have sold Bitcoin only out of fear. So I think that if the mindset is not strong, then it is really very difficult to hold Bitcoin.

[icebar]

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.

Crypto and Bitcoin are not the same thing. When talking about Bitcoin, you should use the word "Bitcoin" instead of "crypto". The word crypto encompasses thousands of tokens, altcoins, centralized projects, scam tokens, and short-term speculation, all of which have a different risk profile than Bitcoin. So, when you talk about Bitcoin DCA to newbies, using the word “crypto” can make them think of Bitcoin accumulation and altcoin speculation as the same category. I think you mean Bitcoin by crypto. But there needs to be a balance in being clear about this.

[letteredhub]

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.

Crypto and Bitcoin are not the same thing. When talking about Bitcoin, you should use the word "Bitcoin" instead of "crypto". The word crypto encompasses thousands of tokens, altcoins, centralized projects, scam tokens, and short-term speculation, all of which have a different risk profile than Bitcoin. So, when you talk about Bitcoin DCA to newbies, using the word “crypto” can make them think of Bitcoin accumulation and altcoin speculation as the same category. I think you mean Bitcoin by crypto. But there needs to be a balance in being clear about this.

Yea @Rustam Meraj gave a good insight on on the use of the DCA but just using crypto for bitcoin was just the error there, and true, especially since the behaviours of the cryptocurrencies are not all the same and if any one has to join bitcoin intonthe word crypto it would really be confusing for a newbie having to differentiate between bitcoin and altcoins when making investment decision. It's always important to stay on track with the right word "bitcoin" which is that coin that is really appropriate with DCA approach that must be concentrated on a long term consistent accumulation that must not be subjected to current bitcoin price.

[Jamestown70]

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.

Umulala-alala, you’re right, It all boils down to the conviction an investor has gotten over his Bitcoin investment and capability of his discretionary fund for the week or month, it’s quite understandable that a newbie will not want to invest a huge amount of money even if he has it as discretionary funds because they’re trying to be cautious, not wanting to go all in for a start, but with time, as they tend to get more idea about Bitcoin, their conviction naturally begins to grow then it wouldn’t be a problem for them to allocate their available discretionary funds into DCAing exception of the fact that they don’t consider trading as an options.

[Lembo69]

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.

Crypto and Bitcoin are not the same thing. When talking about Bitcoin, you should use the word "Bitcoin" instead of "crypto". The word crypto encompasses thousands of tokens, altcoins, centralized projects, scam tokens, and short-term speculation, all of which have a different risk profile than Bitcoin. So, when you talk about Bitcoin DCA to newbies, using the word “crypto” can make them think of Bitcoin accumulation and altcoin speculation as the same category. I think you mean Bitcoin by crypto. But there needs to be a balance in being clear about this.

Yea @Rustam Meraj gave a good insight on on the use of the DCA but just using crypto for bitcoin was just the error there, and true, especially since the behaviours of the cryptocurrencies are not all the same and if any one has to join bitcoin intonthe word crypto it would really be confusing for a newbie having to differentiate between bitcoin and altcoins when making investment decision. It's always important to stay on track with the right word "bitcoin" which is that coin that is really appropriate with DCA approach that must be concentrated on a long term consistent accumulation that must not be subjected to current bitcoin price.

It is true that if someone wants to describe Bitcoin as just a crypto, then many new investors may be confused. Because crypto refers to all types of currencies. Currently, investors are already failing to make the right decision. Some invest only in the hope of short-term profits. There are also some who invest for the long term but cannot make their investment sustainable. Because many times they move towards altcoins. I think that to make investment sustainable, a person must have a long-term plan. And one has to buy regularly through the DCA strategy. If you adopt the DCA strategy, investing becomes much easier. And there are many investors who want to see themselves much higher after 4-10 years through this DCA strategy. This is also possible if he invests through the DCA strategy and keeps depositing BTC regularly.

[ChocolateBitcoinK]

This is what actually the advantage for using DCA strategy since it takes out those situation on which people wait for that perfect time to buy or wait for the dip the have said. Many people using this strategy follow the patter like they are consistently buying on weekly, monthly or whenever they have available discretionary funds.

But what actually make DCA strategy a strong strategy since people doing it can build their portfolio with their consistent accumulation even if they use small amount of money.

DCA has been of a great opportunity to many of us and to those also who thought waiting for dips is always the right move where as they are just procrastinating and wasting so much time. DCA has given us the opportunity to see every market conditions as an opportunity to buy without feeling remorse or scared about the market outcome. In other words no time to waste.
The constant accumulation gives us more confidence to buy at any time we want to either weekly or monthly or any time because the main objective here is to hold for future.

Yes, we never have to worry about the market, we just have to buy consistently through the DCA method. The market is in a dump situation right now, but we should never be afraid of it, but we should try to buy more at this time, because the amount of Satoshi we get for $50 right now, when Bitcoin pumps again later, we will not get the same amount of Satoshi for the same $50, so we should try to buy more at this time, so we can make better profits in the future. The main point of DCA is that the longer you continue the investing and hold it, the greater your chances of success will be.

[alankasman]

This is what actually the advantage for using DCA strategy since it takes out those situation on which people wait for that perfect time to buy or wait for the dip the have said. Many people using this strategy follow the patter like they are consistently buying on weekly, monthly or whenever they have available discretionary funds.

But what actually make DCA strategy a strong strategy since people doing it can build their portfolio with their consistent accumulation even if they use small amount of money.

This advantage is what makes many people currently use the DCA strategy. This strategy requires minimal knowledge and is also easy to understand. Ultimately once they find comfort in using this strategy they are more motivated to buy Bitcoin when they earn money or discretionary income whether weekly or monthly. It's easy, so every time they make money they consistently increase their BTC holdings.

Someone doesn't need to have a lot of money to build a portfolio because if someone consistently does it with a small amount it will become a large amount especially if they do this by following a long term pattern of course what they have to have or do is just to be consistent in doing it because even with large amounts every time they do it they always fail to do it. This can increase with the attitude carried out by a person only by being completely consistent in awakening even if it is a small amount but the graph is clear every time we do it there is always an increase.

[B-BossMan]

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.

Exactly, Bitcoin's price is unpredictable,because it can fluctuate at any moment, either moving up or down, and no one can tell accurately where it will be in 1,2 or 3 years even from now. That's why anyone trying to perfect the the price is just wasting both his time and energy. Quite alright some newbies start from 0 and remain a lower coiners for a considerable period,because building a meaningful Bitcoin position truly takes some years of accumulation like 10 years or more. The main aim is to focusing on a consistent accumulation strategy instead of short term price movement. That is to adapt with the DCA, that's the Dollar cost averaging, which allows investors to accumulation gradually and build thier bitcoin holdings irrespective of the market condition at that moment. So some folks should know that having a small stack today doesn't mean one is failure, but it means you are still in the accumulations layer. Yes, many people gives up too early and easily because they actually expect a quick profits, but the bitcoin actually rewards someone that's patience than impatience.

With time, consistent buying of bitcoin and disciplines on holding can turn a little stack into a bigger one. Once you have accumulated enough BTC, some people's mindset sfift from buying aggressively to protecting or maintaining thier holdings over time, moreover, being consistent rather than timing the market, stay patience, I'm just ignore the price, starting small doesn't mean you are late.

[Publictalk792]

Yes, we never have to worry about the market, we just have to buy consistently through the DCA method. The market is in a dump situation right now, but we should never be afraid of it, but we should try to buy more at this time, because the amount of Satoshi we get for $50 right now, when Bitcoin pumps again later, we will not get the same amount of Satoshi for the same $50, so we should try to buy more at this time, so we can make better profits in the future. The main point of DCA is that the longer you continue the investing and hold it, the greater your chances of success will be.

You'll be able to get more Sats than ever can in strong bull run without investing $50 during major drop. It is like you are one step ahead of everyone and all are waiting in fear. I believe time horizon that you described is the most important part of the bitcoin philosophy. DCA is not just buying strategy, it is promise to outlasting the short term nonsense of the “old money system”. More time passed, the more ups and downs you can average out and the more you will have real power of total shortage. If you are buying more in the bloods when they're on the street, and price just begins to rise, your basics are set, so it's easy to make money in there.

[Stive009]

You'll be able to get more Sats than ever can in strong bull run without investing $50 during major drop. It is like you are one step ahead of everyone and all are waiting in fear. I believe time horizon that you described is the most important part of the bitcoin philosophy. DCA is not just buying strategy, it is promise to outlasting the short term nonsense of the “old money system”. More time passed, the more ups and downs you can average out and the more you will have real power of total shortage. If you are buying more in the bloods when they're on the street, and price just begins to rise, your basics are set, so it's easy to make money in there.

Your philosophy is great especially the perspective of seeing DCA as a promise against the old money system Jose. However I have a slightly different opinion in a practical place.

You wrote that it is possible to get more SATS without investing new money in big drops and that buying at the deep end is 'Easy to make money'. Although it sounds good, it is not that easy in practice. When the market collapses it is almost impossible to catch which is the real bottom and which is a dead cat bounce. Many times, the market goes down even after buying after seeing 'Blood on the street'.

So there is no room for thinking of anything as 'Easy' in crypto. Here, the real challenge is to have backup cash in addition to doing DCA and the rhythmic preparation to survive mentally if the market goes down further. Don't you think that this mindset of 'recognizing easy money' often puts beginners in the face of big losses?

[Loyang]

Your philosophy is great especially the perspective of seeing DCA as a promise against the old money system Jose. However I have a slightly different opinion in a practical place.

You wrote that it is possible to get more SATS without investing new money in big drops and that buying at the deep end is 'Easy to make money'. Although it sounds good, it is not that easy in practice. When the market collapses it is almost impossible to catch which is the real bottom and which is a dead cat bounce. Many times, the market goes down even after buying after seeing 'Blood on the street'.

So there is no room for thinking of anything as 'Easy' in crypto. Here, the real challenge is to have backup cash in addition to doing DCA and the rhythmic preparation to survive mentally if the market goes down further. Don't you think that this mindset of 'recognizing easy money' often puts beginners in the face of big losses?

Hopefully, we all know that the subject of this topic is Bitcoin, so we do not mislead everyone by calling them Crypto and do not put them in danger. When you say Crypto, it means all the currencies in the market and I hope we are not failing to understand the difference between Bitcoin and Shitcoin. There are many new people who have just joined this forum and do not have any knowledge or idea about it, when they hear the word Crypto, they can invest in fraudulent coins in the market and face losses by investing. If you try to compare Bitcoin with Shitcoin or think that they are the same, then you are lost.

[Chilwell]

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.

Crypto and Bitcoin are not the same thing. When talking about Bitcoin, you should use the word "Bitcoin" instead of "crypto". The word crypto encompasses thousands of tokens, altcoins, centralized projects, scam tokens, and short-term speculation, all of which have a different risk profile than Bitcoin. So, when you talk about Bitcoin DCA to newbies, using the word “crypto” can make them think of Bitcoin accumulation and altcoin speculation as the same category. I think you mean Bitcoin by crypto. But there needs to be a balance in being clear about this.

You're actually did the right thing here by at least make it clear that crypto is a general name and bitcoin is a particular name only, because most of the newbies have started calling bitcoin as crypto but with this now they can easily identify it and they will not be misleaded again. When we talk of accumulation is for Bitcoin because i see that it is most important and valuable assets which someone can keep for the future. With DCA strategy you can gradually build your bitcoin portfolio because it doesn't require huge amount before you can start investing.

[Charcol]

Yes, we never have to worry about the market, we just have to buy consistently through the DCA method. The market is in a dump situation right now, but we should never be afraid of it, but we should try to buy more at this time, because the amount of Satoshi we get for $50 right now, when Bitcoin pumps again later, we will not get the same amount of Satoshi for the same $50, so we should try to buy more at this time, so we can make better profits in the future. The main point of DCA is that the longer you continue the investing and hold it, the greater your chances of success will be.

You'll be able to get more Sats than ever can in strong bull run without investing $50 during major drop. It is like you are one step ahead of everyone and all are waiting in fear. I believe time horizon that you described is the most important part of the bitcoin philosophy. DCA is not just buying strategy, it is promise to outlasting the short term nonsense of the “old money system”. More time passed, the more ups and downs you can average out and the more you will have real power of total shortage. If you are buying more in the bloods when they're on the street, and price just begins to rise, your basics are set, so it's easy to make money in there.

You are forgetting that the purpose of Bitcoin accumulation is not short-term easy money,but rather long-term accumulation,discipline, cash-flow management and discretionary income to build a sustainable portfolio. If investing is seen as an opportunity to make easy money,then it can quickly shift from an investor mindset to a trader or gambler mindset.

Another point is that the main strength of the DCA strategy is that it allows us to accumulate Bitcoin from discretionary income on a regular basis, without trying to time the market. If someone DCA $20 or $50 per week and has excess discretionary reserves during the dip, they can buy the excess. But it should be from a pre-planned reserve fund, not from emergency funds or necessary expenses. If you buy more just because the price has dropped and destroy your cash flow, you may be forced to panic sell later when the market drops further.

[Kelward]

Your philosophy is great especially the perspective of seeing DCA as a promise against the old money system Jose. However I have a slightly different opinion in a practical place.

You wrote that it is possible to get more SATS without investing new money in big drops and that buying at the deep end is 'Easy to make money'. Although it sounds good, it is not that easy in practice. When the market collapses it is almost impossible to catch which is the real bottom and which is a dead cat bounce. Many times, the market goes down even after buying after seeing 'Blood on the street'.

So there is no room for thinking of anything as 'Easy' in crypto. Here, the real challenge is to have backup cash in addition to doing DCA and the rhythmic preparation to survive mentally if the market goes down further. Don't you think that this mindset of 'recognizing easy money' often puts beginners in the face of big losses?

There is no free lunch in Bitcoin investment which means that there is no easy money because the market is volatile, the market can dip when you're warming up to take profit, this is why Bitcoin investment is for patient investors. As far as buying dip goes I don't know why investors that are struggling to make ends meet will be squeezing themselves to buy dip, what if Bitcoin dip further will they keep struggling to survive just to make sure that they are not missing out to buy at cheaper rates.

Whatever strategy that you choose to buy Bitcoin with just make sure that you can afford it, the goal is to buy and be able to hold until the duration of your long term plan and possibly beyond. Among the popular strategies DCA is the most recommended because it doesn't put you under pressure before you buy because you have structured your income to add accumulation of Bitcoin. If you have discretionary funds to buy Bitcoin you should but if don't you should wait until you have so that you can conveniently accumulate without any sell pressures.

[Inwestour]

Yes, we never have to worry about the market, we just have to buy consistently through the DCA method. The market is in a dump situation right now, but we should never be afraid of it, but we should try to buy more at this time, because the amount of Satoshi we get for $50 right now, when Bitcoin pumps again later, we will not get the same amount of Satoshi for the same $50, so we should try to buy more at this time, so we can make better profits in the future. The main point of DCA is that the longer you continue the investing and hold it, the greater your chances of success will be.

These strategies should be used with equal sized purchases because you never know where the bottom will be. I know that some people like to give the advice that the closer Bitcoin gets to the bottom and the lower its price becomes, the more money you should invest. But I think that you should keep buying with the same fixed amount on a regular basis because you never know where the bottom will be, so there is no reason to increase the amount. Just keep buying and don't worry about it. In the end, you will make a good profit.

[Primark]

Yes, we never have to worry about the market, we just have to buy consistently through the DCA method. The market is in a dump situation right now, but we should never be afraid of it, but we should try to buy more at this time, because the amount of Satoshi we get for $50 right now, when Bitcoin pumps again later, we will not get the same amount of Satoshi for the same $50, so we should try to buy more at this time, so we can make better profits in the future. The main point of DCA is that the longer you continue the investing and hold it, the greater your chances of success will be.

These strategies should be used with equal sized purchases because you never know where the bottom will be. I know that some people like to give the advice that the closer Bitcoin gets to the bottom and the lower its price becomes, the more money you should invest. But I think that you should keep buying with the same fixed amount on a regular basis because you never know where the bottom will be, so there is no reason to increase the amount. Just keep buying and don't worry about it. In the end, you will make a good profit.

I agree with you, no one knows where the price will go, so it is definitely foolish to try to find a lower price. Therefore, an investor should start with a small amount so that the savings process does not stop.

But it sounds confusing to hear you say that you always have to buy the same amount, and there is no reason to increase the amount. But the reality is that the investment amount should be within our own discretionary income, emergency fund, cash flow and mental tolerance. If you have high discretionary income, emergency fund is okay, can buy more without pressure and have a plan to hold it for the long term, then buying more during the dump is reasonable. The mistake is when you buy more in the greed of buying more by breaking the borrowed money, necessary expenses, emergency fund. Therefore, it is better to invest flexibly, considering our financial situation, rather than investing in a fixed amount.

Another thing is, your statement that you will eventually make a good profit sounds like a guarantee. But you have to understand that even though Bitcoin is a strong asset in the long run, it is not right to say that there will be a guaranteed profit. And I think that if you expect a profit in the beginning, when the price increases in the market, a situation may arise where you sell greedily. So it is better to focus on saving instead of worrying about profit. Profit may come but that is another matter, remember that you are still in the savings stage.

[JayJuanGee]

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.

Hopefully you know the difference between bitcoin and shitcoins, and you did not use the word bitcoin in one place in your post, and instead you choose to use the term "crypto" which makes it seem that either you don't know what the fuck you are talking about in terms of understanding the difference between bitcoin and shitcoins or maybe you are trying to sound smarter, yet if you use the term crypto to refer to bitcoin, you do not sound smarter. You sound like you don't know what you are talking about.

DCA works with investments that have decently good chances to have an ongoingly upward price curve, such as bitcoin, yet it does not necessarily work with any of the shitcoins because an overwhelming majority of the shitcoins tend to be trades rather than investments, so DCAing is not necessarily a good idea with things that are trades, rather than investments.

[welovebit]

Hopefully you know the difference between bitcoin and shitcoins, and you did not use the word bitcoin in one place in your post, and instead you choose to use the term "crypto" which makes it seem that either you don't know what the fuck you are talking about in terms of understanding the difference between bitcoin and shitcoins or maybe you are trying to sound smarter, yet if you use the term crypto to refer to bitcoin, you do not sound smarter. You sound like you don't know what you are talking about.

DCA works with investments that have decently good chances to have an ongoingly upward price curve, such as bitcoin, yet it does not necessarily work with any of the shitcoins because an overwhelming majority of the shitcoins tend to be trades rather than investments, so DCAing is not necessarily a good idea with things that are trades, rather than investments.

Recently, a few shitcoins gave a big lesson to people who were always talking about them and having their share with scammer devs. Now it's time to keep yourself away from things like these and just keep an eye on Bitcoin because this is the only one that can bring a good return or also has a chance of keeping growing in the long run. I never encourage anyone about this because if someone wants to lose his hard-earned money, then surely he can keep an eye on these shits and keep losing.
 Recently, too many voices are around about the bearish trend, but I never go with them because I have enough confidence, and my strategy of keeping this in my wallet is helping me while my kids are surely going to enjoy this as well because now they are also taking interest in this and learning about how to keep things secure.

[Showlove01]

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.

Crypto and Bitcoin are not the same thing. When talking about Bitcoin, you should use the word "Bitcoin" instead of "crypto". The word crypto encompasses thousands of tokens, altcoins, centralized projects, scam tokens, and short-term speculation, all of which have a different risk profile than Bitcoin. So, when you talk about Bitcoin DCA to newbies, using the word “crypto” can make them think of Bitcoin accumulation and altcoin speculation as the same category. I think you mean Bitcoin by crypto. But there needs to be a balance in being clear about this.

You are right Bitcoin is entirely different from Crypto and so is Crypto different from Bitcoin. Bitcoin is a unique and it is a digital asset with great potentials and it has the ability to surge in the future and that is why we are advised to always ensure to accumulate and hold for the long term because the real nature and potential of Bitcoin can be seen in the long term but yet traders still try to outsmart the market and sometimes they end up messing up themselves.

[Sonia_123]

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.

Not everyone has the same mindset. Many people have high levels of emotion, so even after doing DCA with discretionary income, many panic and sell when the price drops. I myself noticed something today. Today, after going to work, I found out from a colleague that his brother used to buy Bitcoin regularly. Suddenly, when he saw the price of Bitcoin dropping again, he got scared and sold everything. My colleague was saying that he had been very mentally unstable for the past few days. When he said that his brother used to buy Bitcoin regularly little by little, I immediately realized that he might have been doing DCA. But even after doing DCA, he sold it, I did not understand this. It may seem that he did not have a backup fund. But I am aware of their financial situation. The person my colleague was talking about was quite financially well. So there was no situation to sell Bitcoin to meet an urgent need. Still, he might have sold Bitcoin only out of fear. So I think that if the mindset is not strong, then it is really very difficult to hold Bitcoin.

Or maybe he was not investing with is discretionary income but a loan from the bank or lender and it's accumulating interest is above the capital because if he has investing with his discretionary income he will see bitcoin investment as an additional income to him and not a waste since it is for a long-term and you know that this are bound to happen even if he has not experience it before.

He will regret his actions later but then it will be too late, when investing in bitcoin we don't allow our emotions to control us.