buying btc should be DCA or other than DCA

[Kaliandra]

bitcoin of course until now is still believed to be a safe digital asset because until now bitcoin is still in great demand by people especially those who are involved in the world of crypto.

but what I see so many ways people do to buy btc there is DCA, some buy when it goes down and some immediately buy btc or many people call it Lump sum if I'm not mistaken. in my opinion buying btc in any way is certainly good as long as we keep it for the long term and of course my goal in making this topic is just to know if you always DCA when buying btc or other than DCA?

[Z390]

You can buy Bitcoin at any time using the DCA method, if your goal is holding Bitcoin for the long term then you don't have to worry about what will happen in the next few months, it is probably going to keep having more value because it is more in demand now compare to years ago.
Yet I still believe that understanding the cycle of this market will net you more Bitcoin than just throwing money into Bitcoin at any time, but for someone who can't tell the difference or maybe new to Bitcoin they can start buying using DCA at any time, on the long run it will still yield some profits.
Any DCA strategy is acceptable, you just have to choose one that fits your income from your job or business. My advice is that buying Bitcoin through the DCA method tends to be easier for someone who has a steady income/job.

[cr1776]

Sometimes people find DCA is less emotional because if you buy and later it drops 10% then you don't feel the pain as much as if you'd purchased in a lump sum.  Of course if it goes up 10%, you don't gain as much, but people feel the pain of loss more than the pleasure of gain.   If your holding term is long enough then it doesn't matter all that much.  Years vs days or weeks for example.  For the most part, anyone who has purchased (or mined) at any time since 2009 with the exception of a few months at the end of last year is ahead of the game. 

[OgNasty]

The most important part is to get off 0 and get yourself into the game.  Whether that be with a big buy to get you rolling, or a more well thought out plan to continue investing over time using dollar cost averaging.  As long as you aren't sitting on the sidelines watching, you're ahead of most.  That being said, I personally think a DCA strategy will work better over the long term, and we are nearing the end of this cycle.  So my advice would be to make sure if you lump sum jump in, you are ready to pull some out if the market changes.  However, if you DCA, stick with it for the next 4 years and you won't be disappointed.

[Frankolala]

DCA is very efficient to accumulate bitcoin and grow your portfolio overtime. You can use as little as $10 to invest consistently and persistently from your extra cash that you have. Before you know it in few years, you will have some good amount of bitcoin in your portfolio. Bitcoin price waits for no man, likewise time. I believe that the price of bitcoin will increase overtime because bitcoin is still in her early days.

[Dunamisx]

but what I see so many ways people do to buy btc there is DCA, some buy when it goes down and some immediately buy btc or many people call it Lump sum if I'm not mistaken. in my opinion buying btc in any way is certainly good as long as we keep it for the long term and of course my goal in making this topic is just to know if you always DCA when buying btc or other than DCA?

Not everyone investing in bitcoin is using this strategy of DCA to invest and accumulate, some are traders, some are short term investors and some are even long time investors but don't make use of this same DCA strategy on investing especially when the market is already on dip, for the sake of any other investors who wish to learn more about how to use the strategy of DCA for an investment or what it means could follow up this link to learn more on this strategy.

DCA Bitcoin
https://dcabtc.com/

[$crypto$]

Depending on your strategy for investing in BTC, what do you want? Lump sum, DCA, Buy Dip? Many more?

I think every investor has their own way to do their BTC accumulation for a long time, but what is often discussed here maybe some of us are mostly with the DCA method that's what I do.

At least by buying once a week - once every two weeks or once a month depending on the money available.

[Floxynice]

Does it really matter how one acquires Bitcoin? I have always thought that the most important aspect of investing is understanding your financial capability as an investor and choosing the best option that matches it. This should determine whether you DCA, invest a lump sum, or use a combination of both methods, depending on your strategy, investment goals and risks tolerance.

I just started my Bitcoin journey, and DCA is all I can do for now, not because I am scared of investing, but because that's my financial strength for now.

[AmaGold70]

bitcoin of course until now is still believed to be a safe digital asset because until now bitcoin is still in great demand by people especially those who are involved in the world of crypto.

but what I see so many ways people do to buy btc there is DCA, some buy when it goes down and some immediately buy btc or many people call it Lump sum if I'm not mistaken. in my opinion buying btc in any way is certainly good as long as we keep it for the long term and of course my goal in making this topic is just to know if you always DCA when buying btc or other than DCA?

I haven't really used any other method to use Bitcoin aside DCA, my mentor that introduced me to Bitcoin actually explained to me that aside DCA strategy there's lump sum and buying on the dips but I was more comfortable with DCA strategy as it's more safe and stress-free for me. With DCA strategy you can budget a little amount of money from your salary or your business and buy, I think most of Bitcoin's investors use the DCA because you can buy at any time that pleases you with any amount you can afford.

[peter0425]

but what I see so many ways people do to buy btc there is DCA, some buy when it goes down and some immediately buy btc or many people call it Lump sum if I'm not mistaken. in my opinion buying btc in any way is certainly good as long as we keep it for the long term and of course my goal in making this topic is just to know if you always DCA when buying btc or other than DCA?

We all have different strategies so I do not know what this question is about. Some people only bought bitcoin once and it was on a price low enough for them and they bought a pretty hefty amount enough for them to not buy again.

Some people may not yet be that satisfied with the amount of bitcoin they have thus they do DCA to acquire more bitcoins and especially if they have limited budget.

[JiiBs]

in my opinion buying btc in any way is certainly good as long as we keep it for the long term and of course my goal in making this topic is just to know if you always DCA when buying btc or other than DCA?

Your opinion towards Bitcoin investment is valid, so long as in some way, you find a means to keep building your portfolio. It’s important that you don’t limit your portfolio to what it’s always being as, stagnated growth isn’t really growth. Bitcoin might increase in value as a result of you having to hold what you’ve got but then, you would get even more should you continue to buy.

DCA method to Bitcoin investment is always advices because it in a way ensures you keep buying. It’s more like you having to set aside a portion of your income for Bitcoin investment and it disciplines you to keep at it rather than, wait on a certain price or a lump sum.

[mindrust]

DCA is the way.

Some lump sum investors made lots of money too but most of them couldn’t wait long enough because they didn’t have the mental capacity to so.

It is damn stressful to invest your life savings in one asset and then wait. That’s not the healthiest and smartest way of making an investment.

Ideally, you want to dca and have a diversified portfolio of assets. So even dca’in on btc alone isn’t enough if you don’t want to get shaken off during market downturns.

[Z-tight]

There is nothing wrong in buying a big chunk all at once, the reason why dca is recommended is for people who do not have so much funds, but they want to grow a portfolio, and also for people who want to reduce the risk of volatility. BTC is not like the many shitcoin cryptocurrencies that are created on a daily, so you can buy it in anyway you wish, just store it safely and don't be a weak hand.

[BABY SHOES]

For myself with DCA...

The DCA strategy is quite useful until now because this way you can collect more bitcoin even though you only buy with $10-$50.
DCA is indeed for small investors quite effective because it can be with a small amount.

[bitzizzix]

And it all depends on which one suits you and you have sufficient understanding and knowledge in choosing the best investment strategy for you and you also master it, besides it must be in accordance with the income that can support your choice without harming or complicating you. And in general DCA is the choice of most people in various circles, especially for those who do not have the ability to buy Bitcoin in large quantities, with DCA they can make purchases periodically according to their abilities with weekly or monthly routines that will later accumulate and will grow bigger in the long term. And there are also those who buy in very large quantities and store them for a long period of time and whatever the method if the goal is for the long term is the best choice for Bitcoin which will generate profits.

[coolcoinz]

The most important part is to get off 0 and get yourself into the game.  

I second that.

DCA is popular because most people live from paycheck to paycheck so to lump sum buy they'd have to either sell something or get a loan, which might be scary for some of us.
This method allows you to get a few bucks off your monthly wage and turn it into a long term investment.

If you're one of those lucky people with some savings in fiat, just spend some of that to by. Many current bitcoiners used to be stock traders, holders of precious metals and government bonds. If you're like that just convert some of that into bitcoin.

In other words:
broke -> DCA
wealthy -> lump sum to get some exposure and then either buy the dip or DCA.

[Agbamoni]

The way i believe DCA should work is to be for persons who cannot afford to buy a whole Bitcoin. Any interested individual who can afford to buy a whole bitcoin should not bother to DCA if he really wants to be on the train faster. My suggestion doesn't mean that the DCA method is not a general one. Of course, any category of individual can choose to DCA. Sometimes people will prefer a strategy that will reduce risk even if they have more than enough to invest at once. 

[kotajikikox]

The way i believe DCA should work is to be for persons who cannot afford to buy a whole Bitcoin. Any interested individual who can afford to buy a whole bitcoin should not bother to DCA if he really wants to be on the train faster.

If a person sees a good opportunity to buy bitcoins and they have the capacity to put out money then do it. Because when will you get the same opportunity again? It may come again but when and how soon? There is not much choice left for those who are not that rich. Even if bitcoin declines big time it can still be too expensive for them. So they just buy for how much they can.

My suggestion doesn't mean that the DCA method is not a general one. Of course, any category of individual can choose to DCA. Sometimes people will prefer a strategy that will reduce risk even if they have more than enough to invest at once. 

It just would not make sense for a rich person to turn to DCA since he will just stress himself trying to find another good opportunity.

[SquirrelJulietGarden]

bitcoin of course until now is still believed to be a safe digital asset because until now bitcoin is still in great demand by people especially those who are involved in the world of crypto.

It's broken thinking and belief.

Nothing includes Bitcoin is a safe digital asset because a reason like "great demand by people". You can have altcoins include a Bitcoin fork in 2017, Bitcoin Cash, that is a shitcoin, but used to have great demand by people who believed wrongly that Bitcoin Cash is real Bitcoin. There are other altcoins and meme tokens that can have great demands by people, but they are not Safe Digital Assets.

Bitcoin is a strongest and safest cryptocurrency because of many technical factors, not by community demand. Decentralization, censorship resistance, and network security are biggest contributors for Bitcoin success.

Altcoins can not compare with Bitcoin in network security.
https://howmanyconfs.com/

[tabas]

but what I see so many ways people do to buy btc there is DCA, some buy when it goes down and some immediately buy btc or many people call it Lump sum if I'm not mistaken. in my opinion buying btc in any way is certainly good as long as we keep it for the long term and of course my goal in making this topic is just to know if you always DCA when buying btc or other than DCA?

Any ways and any means of purchasing it is fine, and we can't dictate that people should go long term or short term. We tell them to go long term if they want to maximize their profits, but even so, they're still on their own to decide if they'll do the same as us or not. And it doesn't matter if I DCA or not, as long as I've got the money and ready to buy Bitcoin, I do it. Because not all of us are in that situation that we're getting some money that's scheduled for buying. So, having a spare is a blessing if it's ready to be spent for buying BTC, dca or not.