Does the DCA strategy inspire newbies to invest?

[samadam007]

it is best to say that one should invest with what he can afford to Hold than saying that one should invest with what he can afford to loose because bitcoin is not like any other shit coins that you can easily loose your funds in the long run. We all know that bitcoin has proven itself over the years so saying that one should invest what he can afford to loose could put fear in the minds of beginners who have understand bitcoin as a long-term asset too.

I agree with the long term mindset but I still think we should tell people to only invest what they can afford to lose. Even Bitcoin can drop 70-80% and stay down for years. It's way better than shitcoins, sure, but it's not risk free. "Afford to hold" is good advice too, but we shouldn't ditch the warning. Beginners need to hear the real risks so they don't put in money they might need soon and panic later.

[Zackz5000]

it is best to say that one should invest with what he can afford to Hold than saying that one should invest with what he can afford to loose because bitcoin is not like any other shit coins that you can easily loose your funds in the long run. We all know that bitcoin has proven itself over the years so saying that one should invest what he can afford to loose could put fear in the minds of beginners who have understand bitcoin as a long-term asset too.

I agree with the long term mindset but I still think we should tell people to only invest what they can afford to lose. Even Bitcoin can drop 70-80% and stay down for years. It's way better than shitcoins, sure, but it's not risk free. "Afford to hold" is good advice too, but we shouldn't ditch the warning. Beginners need to hear the real risks so they don't put in money they might need soon and panic later.

Discretionary income is the income for Bitcoin investment i don't think Bitcoin can stay down for years without moving up the movement is always up and down due to its volatility, long term Bitcoin investment is the real deal when investing in Bitcoin, no investment is risk free including Bitcoin that's why we are expected to invest in Bitcoin using our discretionary income and also hodl for long using money we might needing soon to invest is gambling and this will lead to selling off in a short period of time.

[Freeveto]

I agree with the long term mindset but I still think we should tell people to only invest what they can afford to lose. Even Bitcoin can drop 70-80% and stay down for years. It's way better than shitcoins, sure, but it's not risk free. "Afford to hold" is good advice too, but we shouldn't ditch the warning. Beginners need to hear the real risks so they don't put in money they might need soon and panic later.

Long term bitcoin investment is the best way to make maximum profit from bitcoin, but short term investment will not give you big profit unless the market changes direction from bearish to bullish that’s only when short term holders will make good profit.

Investing what you can afford to lose is the advise that is always given to us, and we are also told that DCA method is the right strategy for beginners to be comfortable with. Because of the DCA method, beginners and investors will feel comfortable to invest at any price that is why you will not stress yourself to invest when the price is low because you already have the strategy you are investing with, but if you have money, you can buy during this dip.

[Hardyrobust]

I agree with the long term mindset but I still think we should tell people to only invest what they can afford to lose. Even Bitcoin can drop 70-80% and stay down for years. It's way better than shitcoins, sure, but it's not risk free. "Afford to hold" is good advice too, but we shouldn't ditch the warning. Beginners need to hear the real risks so they don't put in money they might need soon and panic later.

Long term bitcoin investment is the best way to make maximum profit from bitcoin, but short term investment will not give you big profit unless the market changes direction from bearish to bullish that’s only when short term holders will make good profit.

Investing what you can afford to lose is the advise that is always given to us, and we are also told that DCA method is the right strategy for beginners to be comfortable with. Because of the DCA method, beginners and investors will feel comfortable to invest at any price that is why you will not stress yourself to invest when the price is low because you already have the strategy you are investing with, but if you have money, you can buy during this dip.

It is not a good idea to think that holding bitcoin for a long term is a guarantee of making big profit at the end of the investment. There is no doubt that bitcoin is more  suitable for long term holding. Holding bitcoin for a short term is more like trading which is risky and there high risk of an investor losing his income.
When you are holding bitcoin with the mindset of making big profit, you may end up selling before the planned timeline. So profit mindset is usually that of traders rather than long term investors.

[CageMabok]

...

I agree with the long term mindset but I still think we should tell people to only invest what they can afford to lose. Even Bitcoin can drop 70-80% and stay down for years. It's way better than shitcoins, sure, but it's not risk free. "Afford to hold" is good advice too, but we shouldn't ditch the warning. Beginners need to hear the real risks so they don't put in money they might need soon and panic later.

I've seen price drops of around 50 to 60 percent in Bitcoin, but the numbers or percentages you've mentioned seem too large for Bitcoin. Although it can happen, I've rarely seen such a large price drop and it staying at such a low level for years. You also have to consider Bitcoin's price cycle, which occurs every four years, and it's still capable of hitting an all-time high when that cycle occurs. So, continue to give the best advice without having to worry about other people's actions because in reality, investors have already made preparations when they want to invest in Bitcoin, especially if the goal is for long-term investment.

[PhilosopherKing]

Long term bitcoin investment is the best way to make maximum profit from bitcoin,

Bitcoin is very volatile and we don't know what direction the price will take in the next minute and that is why long term investment even do don't guarantee peeson profit, so let us stop thinking that we must have profit because we do long time investment in bitcoin. Everyone should accept that bitcoin isn't risk free.

There is a lot of risk there, that is why it is good that person always settles their family needs and personal need further and then investing ongoingly with whether spare money that is left.

[Jamestown70]

Long term bitcoin investment is the best way to make maximum profit from bitcoin,

You seem so sure about holding Bitcoin for long term will amount to huge profit, despite the fact that Bitcoin is an asymmetric bet to the upside and it exhibits high potential of maximum for long term holders, I don’t think relying fully on it’s pass performance to repeat itself is good idea. Bitcoin is not 100% percent guaranteed of profitability that’s the major reason we should invest with our discretionary fund.

but short term investment will not give you big profit unless the market changes direction from bearish to bullish that’s only when short term holders will make good profit.

With the way you’re sounding it seems short term investing AKA trading is an option to you when the Bitcoin price is bullish. If you keep doing the short term investment whenever Bitcoin price is bullish, how do you intend to sum up with a compound profit within the long term duration you’ve given yourself to get to your over accumulation stage, I doubt you’ll get to your over accumulation stage within your goal duration.

[alankasman]

You seem so sure about holding Bitcoin for long term will amount to huge profit, despite the fact that Bitcoin is an asymmetric bet to the upside and it exhibits high potential of maximum for long term holders, I don’t think relying fully on it’s pass performance to repeat itself is good idea. Bitcoin is not 100% percent guaranteed of profitability that’s the major reason we should invest with our discretionary fund.

True, but you also have to consider discretionary income because the long term isn't short-term. As long as someone has sufficient funds to carry out this strategy, it's not a problem. But what if the opposite happens? That's the question.

Because investing cannot follow what our minds say to fulfill individual desires, sometimes we experience many other problems so that our escape is to eliminate the burden on our minds, namely by investing in Bitcoin with a hasty amount or method so that in the end, instead of getting a profit, the risk experienced becomes an additional burden, especially if we do it using a long-term pattern, of course this is not a very short time, so we need to pay attention to the discretionary income we have so that we do not burden ourselves while making the investment.

[Akaenyi]

Long term bitcoin investment is the best way to make maximum profit from bitcoin,

Bitcoin is very volatile and we don't know what direction the price will take in the next minute and that is why long term investment even do don't guarantee peeson profit, so let us stop thinking that we must have profit because we do long time investment in bitcoin. Everyone should accept that bitcoin isn't risk free.

There is a lot of risk there, that is why it is good that person always settles their family needs and personal need further and then investing ongoingly with whether spare money that is left.

Bitcoin investment is not totally risk free just like any other investments out there, there are different levels of risks and Bitcoin risks is very minimal compared to many shitty investments out there. It is recommended to use your discretionary funds to accumulate Bitcoin so that you won't be under pressure to sell before the long period of holding it. Another reason to use your discretionary funds to accumulate is because there is no guarantee that Bitcoin must give you profit if not some of us would use more than our discretionary funds to be accumulating it.

[Showlove01]

I agree with the long term mindset but I still think we should tell people to only invest what they can afford to lose. Even Bitcoin can drop 70-80% and stay down for years. It's way better than shitcoins, sure, but it's not risk free. "Afford to hold" is good advice too, but we shouldn't ditch the warning. Beginners need to hear the real risks so they don't put in money they might need soon and panic later.

Long term bitcoin investment is the best way to make maximum profit from bitcoin, but short term investment will not give you big profit unless the market changes direction from bearish to bullish that’s only when short term holders will make good profit.

Investing what you can afford to lose is the advise that is always given to us, and we are also told that DCA method is the right strategy for beginners to be comfortable with. Because of the DCA method, beginners and investors will feel comfortable to invest at any price that is why you will not stress yourself to invest when the price is low because you already have the strategy you are investing with, but if you have money, you can buy during this dip.

It is not a good idea to think that holding bitcoin for a long term is a guarantee of making big profit at the end of the investment. There is no doubt that bitcoin is more  suitable for long term holding. Holding bitcoin for a short term is more like trading which is risky and there high risk of an investor losing his income.
When you are holding bitcoin with the mindset of making big profit, you may end up selling before the planned timeline. So profit mindset is usually that of traders rather than long term investors.

I think that is the worst mindset someone will ever have, that Bitcoin will give someone a big profit after holding for a long term. It can give no doubt but only if you have a reasonable amount in your portfolio because you can not accumulating 10 dollars or 20 dollars and be hoping and excepting a big profit in the future, that will be fallacy to yourself and the truth is that you can only tell people lies how much you hold when it's a lie but the market will tell you the truth.