Simple things to do when we do investing

[GreatArkansas]

The coin we are investing here is also important for us to understand the way of it's performance, we must have the ability of combining both the fundamental and analytical analysis altogether on our trades or investment...

Yes, indeed, buying shit coin using the DCA strategy would be a big mistake, which would undoubtedly lead to the loss of the deposit. Usually, the DCA strategy can only be applied to top cryptocurrencies such as Bitcoin and Ethereum.

You can chose to DCA with shitcoins but it would only be a waste of time and money. And no one wants to do that that's why as much as possible, invest in top coins like bitcoin. DCA can be a good and reliable strategy if you can make it regularly, otherwise just buy in dips so you can make a discount and maximize your purchase with bitcoin.

Correct! Especially right now like even how good the altcoins, they are still dumping even Bitcoin is pumping, it's just a sign that how Bitcoin is dominating the market right now.
But since we are in a trading discussion, it's fine if you are actively trading or buying/selling and have some strategy in some altcoins, then it's fine. But then, DCA is good for the long term.

[tottong]

Correct! Especially right now like even how good the altcoins, they are still dumping even Bitcoin is pumping, it's just a sign that how Bitcoin is dominating the market right now.
But since we are in a trading discussion, it's fine if you are actively trading or buying/selling and have some strategy in some altcoins, then it's fine. But then, DCA is good for the long term.

Some people do not oppose the process they go through in altcoins because they may understand the best way to make money.
But in some cases it is completely unlucky because people do not understand the best way to make money in it.
Some top altcoins do provide good potential, but it takes the best ability to see opportunities.
But if you want to get something much better then seeing opportunities in bitcoin is a much more ideal decision and the way to do it is to apply the DCA pattern.

Because in the long term bitcoin is much better and has the potential to achieve much more maximum profits.
But for the shitcoin group, it may not give great hope because this kind of coin is more dumped and does not have fundamental characteristics.

[Negotiation]

Before investing, you must pay attention to various investment strategies, otherwise you or I will never get the expected results from investment. If the market suddenly crashes after making an investment, you should not lose focus, but rather be patient and hold on. Even if the market increases after investing, you should not become overly emotional, but rather be patient and wait for the next period. An investor must be patient, avoid greed, and have the ability to control emotions. If an investor does not have these qualities, then he will not be profitable in any way.

Yes it is very important to control emotions when investing being overly optimistic or anxious about market conditions can be detrimental to the investor. When it comes to investing it is necessary to make rational and planned decisions so as to minimize the risk of emotional influences. Since the cryptocurrency market is highly volatile and highly dynamic a successful investor needs to think long term and follow his investment strategy in a disciplined and correct manner. In addition it is important to regularly monitor market conditions make decisions based on accurate information and adhere to the investment plan.

[Adams0001]

I agree, this is the best approach that anyone can do. All we have to do is to make sure that we keep DCAing Bitcoin for what's about to come. This is still a good year or let's just welcome the idea that whatever is the market situation, DCAing Bitcoin has always been a thing for all of us.

With Bitcoin and its proven strength of growth and survival in many years and past bear markets, DCA is a very good strategy for your investment in Bitcoin.

Think of it as one of the best option to have as an asset because it's scarce. The scarcity of it makes it even more valuable as the time comes. Having a limited supply and count all of the world's population so having a few of it will still make your money valuable compared to just keeping your money in the bank in the form of fiat. There is so much trouble keeping it with fiat although we need for our needs but let alone Bitcoin do its own job by combatting inflation of the wealth that you're going to keep for a very long period of time.

Investment should be long term if we are investing in cryptocurrency and BTC . BTC is safest from all sides because that is safe Blockchain and millions of people want to invest in it and it's demand is high in the market. People are doing research on the new projects but many projects look good but they are not giving profit like BTC but one can earn by investment in BTC. BTC is live in the all countries and American president is in the favour of cryptocurrency and if you are investing for the future, then that is best investment.Many Altcoins can give profit and require less money as comparison to BTC because these prices are low but we didn't see Altcoin season this year . But in last year's , many people got profit from that.

In time of bitcoin, anyone should know that is a long term investment, and if you didn't invest for long term you won't see profits like other that invest for long term are seeing. You are right. they have many investment that people are doing and they are getting profits, but he won't be like bitcoin investment because is unique is self and is different from others coins. People have seen the benefits of bitcoin,  and everyone that understands it very well are in the mission of investing for long term. And some people usually keep there funds on bank that they are Saving it for long term for some purposes. Is better we should invest in Bitcoin and making better profits on it, then keeping it on bank that won't bring any value probably the funds will be reducing when banks started removing their tax. But in bitcoin investment anytime the price drop you will definitely raise if you invest for the long time, I don't think you will see any lose. In altcoin is high risk if you don't have enough money to risk is better you should just continue your investment in Bitcoin, so that he can minimise your loses.

[doomloop]

DCA is good for bitcoin, would not be applicable to every coin.

I think buying low and selling high is the fundamental method to invest. But most people end up doing or are forced to do the opposite leading to a poor performance in trading. This takes practice and observing the specific asset over months of charts to be able to closely predict a low and high.

Most traders dont make profits from the market and there needs a point from where one should start moving back.

That is because BTC is already proven. For other newer ones, it may be best to enter early on them or at the lows. There is still a big risk on it though because what if the project won't get listed or won't rise anymore? But that's just how it goes if we want to earn.

Apart from practice, it also takes knowledge on choosing the right coin to buy. That way we can continue hodling when a good coin dumps because it can recover. Unless only if we still lack in patience and courage. Well, that is another story anymore but we also need to build this two if we want to be successful of course. By moving back, you mean to downgrade a strategy? But, why not if the upgraded one is not working. Also taking a break for a while is a good idea.

[G_Besar]

Some people do not oppose the process they go through in altcoins because they may understand the best way to make money.
But in some cases it is completely unlucky because people do not understand the best way to make money in it.
Some top altcoins do provide good potential, but it takes the best ability to see opportunities.
But if you want to get something much better then seeing opportunities in bitcoin is a much more ideal decision and the way to do it is to apply the DCA pattern.

People who know how to see short-term opportunities through altcoins will definitely not miss it because they will take advantage of it to make a profit in the short term even though in the end they will also use the DCA pattern to buy Bitcoin again in the market. But as long as there is potential and opportunities that can be utilized for profit, it will still be done even if it is not through the best coin or let's say through a meme coin that only goes viral for a while.

[Maslate]

Before investing, you must pay attention to various investment strategies, otherwise you or I will never get the expected results from investment. If the market suddenly crashes after making an investment, you should not lose focus, but rather be patient and hold on. Even if the market increases after investing, you should not become overly emotional, but rather be patient and wait for the next period. An investor must be patient, avoid greed, and have the ability to control emotions. If an investor does not have these qualities, then he will not be profitable in any way.

Yes it is very important to control emotions when investing being overly optimistic or anxious about market conditions can be detrimental to the investor. When it comes to investing it is necessary to make rational and planned decisions so as to minimize the risk of emotional influences. Since the cryptocurrency market is highly volatile and highly dynamic a successful investor needs to think long term and follow his investment strategy in a disciplined and correct manner. In addition it is important to regularly monitor market conditions make decisions based on accurate information and adhere to the investment plan.

Investing is associated with losses and profits, so a good investor should be open to both of them, and not just possible profits because we can’t assure profitability at all times knowing there are some moments where losses go inevitable.

Patience is a virtue, if you lack patience and understanding on any of your investment, you will only fail and won’t succeed on your goals. Learn to manage your emotions, as well as master those risk management plans because one cannot succeed without practicing those stuffs.

[2Pizza410000BTC]

The coin we are investing here is also important for us to understand the way of it's performance, we must have the ability of combining both the fundamental and analytical analysis altogether on our trades or investment...

Yes, indeed, buying shit coin using the DCA strategy would be a big mistake, which would undoubtedly lead to the loss of the deposit. Usually, the DCA strategy can only be applied to top cryptocurrencies such as Bitcoin and Ethereum.

It is absolutely true that buying shitcoin using the DCA method is the biggest folly. There are many who buy shitcoin and dream of becoming very rich in a short time. Can they really be rich? I think they cannot be rich. They cannot take back the amount of money they invested with the amount they wanted. It is better to use only Bitcoin for investment. For this, the DCA method is much more effective because now, for most people, buying a Bitcoin is much more expensive. For this, using the DCA method is perfect.

[harapan]

Losing money is part of investing and that happens even in the experienced people.

DCA is a good strategy and it's suitable for the most of us. But with the wrong choice, it's going to be as effective as it can be for the others that will do that.

And results for doing DCA is not going to be visible as soon as possible and if the person doing it lacks patience, it's not for him.

Yeah loosing money is part of the deal of investment no doubts but the DCA strategy isn't that bad but I honestly think it's not profitable when you get involved with shitcoins besides, I have believed it to be profitable for long term especially with verified coins and this is where the patience you talk about comes in. Moreso having in mind that the risks surrounding it cannot be eliminated cause there's always a loss and gain to every investment or business.

[Cryptohygenic]

Dollar Cost Averaging(DCA)
Most people here already know this but for the sake of the newcomers I will just repeat it, this is the gradual accumulation of the things we want to accumulate the assets we want. This is an investment strategy that is not done in one fell swoop. It is like taking out insurance that we pay off gradually depending on the capacity of your source of income, it can be monthly, quarterly, mid or yearly depending on our capacity.

So we do not buy crypto at a certain price, but you buy crypto at a different price level depending on whether you have a budget to buy. For example, you have a budget of 10 000$ now every week you allocate a budget for bitcoin worth 2500$ in the 1st week you bought when the price of Btc was cheap, in the 2nd week another 2500$ again that is the same concept of DCA.

Why is DCA effective? The first reason is that you don't need to guess the perfect timing guys when buying, because this is what most people do that is not right. Because no one can predict the bottom and Top price of any crypto assets.

Is the above web links displayed here not to supposed to be plagiarism since Op did not make reference or credit to the source of informations?
However Dcaing has been a strategy that plays gradual increase roles for a growing assets especially when you don't have enough money to stock at once or when you have understood the market system locating there is usually some good times to buy and hold especially during deflation market times such as the curved opportunities to purchase bitcoin at a market depression with the point of increasing your portfolio.

[X-ray]

You can chose to DCA with shitcoins but it would only be a waste of time and money. And no one wants to do that that's why as much as possible, invest in top coins like bitcoin. DCA can be a good and reliable strategy if you can make it regularly, otherwise just buy in dips so you can make a discount and maximize your purchase with bitcoin.

Correct! Especially right now like even how good the altcoins, they are still dumping even Bitcoin is pumping, it's just a sign that how Bitcoin is dominating the market right now.
But since we are in a trading discussion, it's fine if you are actively trading or buying/selling and have some strategy in some altcoins, then it's fine. But then, DCA is good for the long term.

for most of shitcoins and altcoins, especially the one that shows less frequent trading activity, the market maker can just cash out anytime and escape the market, at that point the altcoin will be pretty much a ghost town, a worst asset to hold.
i've seen few cycles of crypto, most of altcoin are getting replaced real fast, right now most old altcoins are having subpar trading volume that they are on the brink of delisting and it happens to 99% of alts.

DCA ing shitcoin and altcoin is best way to empty your wallet for absolutely nothing .

[jcojci]

Losing money is part of investing and that happens even in the experienced people.

DCA is a good strategy and it's suitable for the most of us. But with the wrong choice, it's going to be as effective as it can be for the others that will do that.

And results for doing DCA is not going to be visible as soon as possible and if the person doing it lacks patience, it's not for him.

Yeah loosing money is part of the deal of investment no doubts but the DCA strategy isn't that bad but I honestly think it's not profitable when you get involved with shitcoins besides, I have believed it to be profitable for long term especially with verified coins and this is where the patience you talk about comes in. Moreso having in mind that the risks surrounding it cannot be eliminated cause there's always a loss and gain to every investment or business.

If someone want to use DCA method and also want to have the best investment, he can use Bitcoin only for the investment. He doesn't have to choose shitcoins where we don't know when the price of the shitcoins will arise. But if we choose Bitcoin, at least we know that Bitcoin can give us the profit after we hold for some term. DCA is the best strategy for people but only if they know how to use it. It need patience and discipline to run this strategy because we doing the same thing continuously for some years. It is worth to do because we can arrange the time when we will buy Bitcoin. That will help us to accumulate more Bitcoin using the same amount money.

[Zadicar]

Losing money is part of investing and that happens even in the experienced people.

DCA is a good strategy and it's suitable for the most of us. But with the wrong choice, it's going to be as effective as it can be for the others that will do that.

And results for doing DCA is not going to be visible as soon as possible and if the person doing it lacks patience, it's not for him.

Yeah loosing money is part of the deal of investment no doubts but the DCA strategy isn't that bad but I honestly think it's not profitable when you get involved with shitcoins besides, I have believed it to be profitable for long term especially with verified coins and this is where the patience you talk about comes in. Moreso having in mind that the risks surrounding it cannot be eliminated cause there's always a loss and gain to every investment or business.

If someone want to use DCA method and also want to have the best investment, he can use Bitcoin only for the investment. He doesn't have to choose shitcoins where we don't know when the price of the shitcoins will arise. But if we choose Bitcoin, at least we know that Bitcoin can give us the profit after we hold for some term. DCA is the best strategy for people but only if they know how to use it. It need patience and discipline to run this strategy because we doing the same thing continuously for some years. It is worth to do because we can arrange the time when we will buy Bitcoin. That will help us to accumulate more Bitcoin using the same amount money.

If you do want on having that much more secure then Bitcoin would be the best option, but there are people who do really that want to see bigger profits with less investment or amount that they can possibly earn. We do know that not all will really be having on the same situation when it comes to financial aspect on which there would really be those people who would really be that wanting to have that much more bigger gains rather than on having that smaller on which they wont really be that seeing to be worth if they would really be sticking with Bitcoin. This is why they would really be that trying out for another option on which they could really be able to see and able to deal on with. Investing does really have that particular risks and if you are really that rushing on making up some positions then it will really be that a huge problem for you once you do able to make yourself having such approach on hasting up your investments just because you do want to see short term gains.

[Bushdark]

1. Best simple strategy that suits you?
2. How to choose the right strategy so that you don't lose money?

The coin we are investing here is also important for us to understand the way of it's performance, we must have the ability of combining both the fundamental and analytical analysis altogether on our trades or investment, this will help us alot, because we are going nto be more precise about the market speculations and the way we could avoid taking risk will be high, so that we don't lose our capital asset for nothing but our own silly mistakes.

There are so many coins in the market and it's good to understand the nature of the altcoins you are buying and holding so that you could know what you are expecting. Trading is not just almbiyt learning how to read chart patterns and analyzing the market based on different tools you are using. This is why some people will look at the market and assume price will fall soon while some other person we say something contrary. Apart from investing using the DCA strategy, we should know that this only works for someone that is holding for a long period of time.

[tvplus006]

Yeah loosing money is part of the deal of investment no doubts but the DCA strategy isn't that bad but I honestly think it's not profitable when you get involved with shitcoins besides, I have believed it to be profitable for long term especially with verified coins and this is where the patience you talk about comes in. Moreso having in mind that the risks surrounding it cannot be eliminated cause there's always a loss and gain to every investment or business.

The DCA strategy can only be used with respect to coins whose price, in your opinion, will rise in the long term. Accordingly, if there is no such certainty about shit coins that their price will rise, then DCA should not be applied to them.

[Yamifoud]

I believe the simplest way of investing in Bitcoin is to buy low. In fact, our goal here is to earn profit, and that only happens when we buy at a cheap price and sell high. We don't complicate the situation and use other strategies but rather focus on the trend of Bitcoin.

When we talk about emotional stress. That will happen for sure when we feel uncertain about this. Doubts can easily manipulate our minds, and changing this kind of behavior could help a lot. In the end, invest the money that we can afford without forcing ourselves.

[Iranus]

It is absolutely true that buying shitcoin using the DCA method is the biggest folly. There are many who buy shitcoin and dream of becoming very rich in a short time. Can they really be rich? I think they cannot be rich. They cannot take back the amount of money they invested with the amount they wanted. It is better to use only Bitcoin for investment. For this, the DCA method is much more effective because now, for most people, buying a Bitcoin is much more expensive. For this, using the DCA method is perfect.

It would be unwise to use DCA with shitcoins or invest in them. But is it right to say that we should only invest in bitcoin and stay away from the rest of the market? I don't think all altcoins are shitcoins, there are still many altcoins that do very well and bring huge profits to many people. You can ask early investors in ETH or BNB or investors in Sol during the bear season. How big a profit did they make?

We should not give advice on investing in altcoins because it is too risky, but just because we cannot make money from altcoin investing does not mean that everyone will have such bad results.

The market is full of opportunities to make money, don't limit or tie yourself down from those great opportunities.

[hd49728]

It would be unwise to use DCA with shitcoins or invest in them. But is it right to say that we should only invest in bitcoin and stay away from the rest of the market? I don't think all altcoins are shitcoins, there are still many altcoins that do very well and bring huge profits to many people. You can ask early investors in ETH or BNB or investors in Sol during the bear season. How big a profit did they make?

We should not give advice on investing in altcoins because it is too risky, but just because we cannot make money from altcoin investing does not mean that everyone will have such bad results.

With shitcoins, they die with time and many of them completely die after all. Invest in shitcoins, DCA shitcoins with time will increase your total capital invested but total value of your portfolio in shitcoins drop with time.

DCA shitcoins means accumulating more losses for your porftolios and if you know this fact, aware of this risk of shitcoins, you will stay away from them as most as possible. Investment is to get profit, not to get loss and investment in shitcoins means losses, not profit. You will accumulate more losses in both $ and BTC value.
https://www.blockchaincenter.net/dollar-cost-averaging/
https://www.blockchaincenter.net/satoshi-cost-averaging/

Bitcoin returns vs. major asset classes.
DCA is a good investment strategy but it only works well for good investment assets and in cryptocurrency market, Bitcoin is a best asset for your investment and DCA.

[Nothingtodo]

I believe the simplest way of investing in Bitcoin is to buy low. In fact, our goal here is to earn profit, and that only happens when we buy at a cheap price and sell high. We don't complicate the situation and use other strategies but rather focus on the trend of Bitcoin.

When we talk about emotional stress. That will happen for sure when we feel uncertain about this. Doubts can easily manipulate our minds, and changing this kind of behavior could help a lot. In the end, invest the money that we can afford without forcing ourselves.

The main target of investing is to earn profit, so you have to invest in a market at a price that brings profit. One should not always enter the market at a price where there will be no profit but loss. The market should always be invested at a low price. When investing, you must hold it for the long term so that you can make a good profit if the market grows in the future. Moreover, you should refrain from investing in emotions completely.

[irhact]

If someone want to use DCA method and also want to have the best investment, he can use Bitcoin only for the investment. He doesn't have to choose shitcoins where we don't know when the price of the shitcoins will arise. But if we choose Bitcoin, at least we know that Bitcoin can give us the profit after we hold for some term. DCA is the best strategy for people but only if they know how to use it. It need patience and discipline to run this strategy because we doing the same thing continuously for some years. It is worth to do because we can arrange the time when we will buy Bitcoin. That will help us to accumulate more Bitcoin using the same amount money.

DCA in altcoins isn't going to give you the same results as when you DCA in Bitcoin as Bitcoin is a more stable cryptocurrency than other altcoins that their growth can't be predicted. After studying Bitcoin, you can get some predictions accurately due to past record but altcoins are always different and very difficult to predict when the price is going to stop falling. Sometimes when the price of Bitcoin stop falling, although it's the reason why altcoins were falling in the first place but still altcoins keeps on falling even after Bitcoin has stopped. DCA into altcoins will look like throwing away your money after sometime has gone by therefore it's not worth it.