buying btc should be DCA or other than DCA

[alastantiger]

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?

Agreed as buying Bitcoin in anyway that it suits you is fine but buying Bitcoin with DCA is the better way of buying Bitcoin. Incase you don't know, there's always a long time of Bitcoin being in the bear market that can cause the price of Bitcoin to drop significantly that if you already have invested by buying in a  large sum, it might be difficult for you to still want to buy more Bitcoin because you'll be afraid that the market might keep on dumping after you have already bought hence DCA is a better way of buying Bitcoin because you won't have to buy with all the money that you have at a go but you're buying in small capital that makes you to still have money to continue to buy despite how bad the market is becoming. Spreading your investing period gives you a better opportunity to get discounts when the market is dumping and also gives you more experience

[Apocollapse]

I use DCA strategy because I don't have time to watch the graph.

It's too gambling for using lump sum strategy, imagine you're flipping most of your wealth, not easy when you choose to buy at bottom, not easy when you hold, not easy when you want to sell at high.

Half DCA and half lump sum seems to be more make sense, at least you have back up from your DCA.

[hero_the_bossman]

I use DCA strategy because I don't have time to watch the graph.

It's too gambling for using lump sum strategy, imagine you're flipping most of your wealth, not easy when you choose to buy at bottom, not easy when you hold, not easy when you want to sell at high.

Half DCA and half lump sum seems to be more make sense, at least you have back up from your DCA.

Only if the lumps in question won't be hitting you like a truck overall.

The budget should be allocated responsibly, to the needs of each person.

[shield132]

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 buy Bitcoin when I feel it's the right time to buy, and I sell when I think that the bubble is about to burst. If we have a look at my past trades, I'd say that I manage it very successfully. DCA might be the safest bet for many people, but I prefer my approach because it results in significantly better profit. One thing that helps me into this is that I never rush, I wait months or a year to choose the perfect moment to buy Bitcoins and hold them. Even when I buy, I hold for a long time to see the pinnacle of the market. Recently, I sold my Bitcoins for around $100K and then bought them again at $85K. Today the price is around $88K and I'm sure it's only going to rise.
At the moment, anything under $100K is a win win.

[Z_MBFM]

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 don't think there is any better and better method than DCA because when you invest using DCA method no matter at what price you buy bitcoin then no matter how low the price of bitcoin is on average your bitcoin purchase price will come down a lot due to which you will not lose much on average. However, if you invest in Bitcoin together, in that case, if the price of Bitcoin increases, your profit will be more, and if the price decreases, your loss will be more. So you must follow DCA method to minimize your risk. You can never avoid DCA method to minimize losses and not find any better method then DCA

[fikrett]

I buy Bitcoin when I feel it's the right time to buy, and I sell when I think that the bubble is about to burst. If we have a look at my past trades, I'd say that I manage it very successfully. DCA might be the safest bet for many people, but I prefer my approach because it results in significantly better profit. One thing that helps me into this is that I never rush, I wait months or a year to choose the perfect moment to buy Bitcoins and hold them. Even when I buy, I hold for a long time to see the pinnacle of the market. Recently, I sold my Bitcoins for around $100K and then bought them again at $85K. Today the price is around $88K and I'm sure it's only going to rise.
At the moment, anything under $100K is a win win.

What can I say - happy hodling is a great process to witness, as there is no nerve spent on it.

Wonderful to see people appreciating the value of BTC which only becomes bigger and bigger.

[Bd officer]

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?

To be successful in investing in Bitcoin, you need to hold for the long term. Now you can invest in any method, but you must have the ability to hold for the long term. But the DCA approach certainly has advantages. However, I prefer to invest in the DCA method. Because by investing in DCA method I get opportunity to buy bitcoins at average price. Also I don't have enough money to invest, so I invest in DCA method as per my ability from my monthly salary.

[Stablexcoin]

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?

To be successful in investing in Bitcoin, you need to hold for the long term. Now you can invest in any method, but you must have the ability to hold for the long term. But the DCA approach certainly has advantages. However, I prefer to invest in the DCA method. Because by investing in DCA method I get opportunity to buy bitcoins at average price. Also I don't have enough money to invest, so I invest in DCA method as per my ability from my monthly salary.

Threads and replies keep raising the subject about DCA, it's a nice approach to invest in Bitcoin. Some investors do well with strategies other than they do with DCA, not everyone is grounded to a particular approach, i don't think a healthy investment is solidly grown from implementing just through the act of DCA, there should be involvement of other kinds, the goal is reaching a desirable level of investment in the most convenient economical state.

[ancafe]

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?

With any method used by some people to buy bitcoin is a good choice, as long as they have the opportunity to achieve a much more maximum purchase. It is possible that people make some changes to reach a better portfolio stage so that they make big plans for the bitcoin buying process. In the life that I live there are several considerations that might make me use DCA more often as a buying strategy, even though I occasionally buy during a sharp decline with more money.

One of the reasons is because I want to increase assets and generally that is a big step taken by people as an effort to look more consistent in investing. All strategies are good as long as people have confidence in bitcoin because it is quite unfortunate if they buy and sell it in the near future inconsistently.

[Ishicryptic]

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.

DCA method remains the most effective way to accumulate and grow your investment, the strategy accommodates every class of the society, anybody that earns income can accumulate at their own pace. Also the fast adoption of Bitcoin as an asset to invest in is due to a common fact that anybody can start with a very small amount of money. When you are on DCA for the long term, you will not panic or get overexcited when Bitcoin price dumps or pumps, what you are looking forward to is seeing ATH at every bull circles. Buying with a lump sum is also good but it is more profitable if the person will wait for dip before buying so that they will get a lot of profits in bull run.

[MArsland]

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?

Do what you can for Bitcoin and Invest with the amount you can afford to put into Bitcoin. So there is no specific rule for anyone who wants to have bitcoin but with the ideal note that the investment option is long term. Believe it or not evidence has shown people make big profits in bitcoin when they do it long term.

[Wexnident]

~

Anything goes imo. Whatever you're current financial state can handle should be the one that you should follow. Granted a lenient entry (meaning almost any point) would probably take years before it bears any fruit, and I reckon we won't be seeing any crazy x20 profits anymore, so don't get your hopes up. I reckon it'd be a lot better to invest in something else if you want something more stable-ish. Only invest in crypto if you want risky investments but also risky profits.

Personally I'd go for DCA, but at this point in the cycle would probably be better to buy in and just hodl for a few short months instead of years. Just reset and start the DCA instead maybe by 2026 or so.

[fikrett]

Do what you can for Bitcoin and Invest with the amount you can afford to put into Bitcoin. So there is no specific rule for anyone who wants to have bitcoin but with the ideal note that the investment option is long term. Believe it or not evidence has shown people make big profits in bitcoin when they do it long term.

Ideal BTC investment is the one that is done for long enough fully understanding why it is done that way.

[Marvelockg]

buy with the strategy that works well for you. If your income can only allow you to DCA, focus on DCA and don't try other methods; just stick to what is working for you. If your income can allow you to DCA and do lump sum or buy at the DIP, it is best never to hesitate in doing so. The reason why the DCA investment plan is what is trending and the most popular is that, be you an entry-level investor or an old investor with a lot of allocation for your investment, you can still make use of it.

DCA, when done the right way, encompasses every other method because you will have to buy at the different prices at the different times you have slotted out for your purchase. Some of us might even be accumulating our BTC using the DCA method without actually knowing it.

[Faisal2202]

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 accumulated some BTC via these signature campaigns last year, after that, I was unable to accumulate as most of non-gambling campaigns were gone. Well, the point is, at that time I accumulated BTC and you can call it DCA on weekly basis. As I received weekly payments, I kept them in my holdings until they gave me some profit.

In my opinion, a Lump sum is the best option for those, who have money and the market is in buying position like BTC is cheap too, not above $100k or even $90k but when it was around $82k and people have enough money they should have do Lump Sum, and those who don't have money they should do DCA as they have left with no other best option.

[sokani]

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?

Whichever method you choose is okay, but when you decide not to buy and hodl, you do yourself no good. As for me, I don't have a big purse to make a one time bitcoin purchase in millions or thousands of dollars. So DCA is the convenient method for me. As the money comes, I buy with my spare cash and I've been doing that for some time now and it's going to payoff on a long run.

[DubemIfedigbo001]

Any accumulation strategy you choose is valid, I don't really believe one accumulation strategy is more effective than the other, I love DCA because it decrease the pressure of having to make a bulky purchase on limited available cold cash and allows me to buy at a slow and steady pace.

The main target is to accumulate Bitcoin and as long as you're buying consistently with your discretionary income, have an accumulation target with a long-term holding period, then you're fine.

[FortuneFollower]

Any accumulation strategy you choose is valid, I don't really believe one accumulation strategy is more effective than the other, I love DCA because it decrease the pressure of having to make a bulky purchase on limited available cold cash and allows me to buy at a slow and steady pace.

The main target is to accumulate Bitcoin and as long as you're buying consistently with your discretionary income, have an accumulation target with a long-term holding period, then you're fine.

If the results are there - it doesn't matter how exactly you would change your strategy. It would still work, and it's the question of min-maxing the potential PNL.

There is always room to adapt

[lovesmayfamilis]

The title of the OP topic about buying bitcoins can be summarized in a few words: "The purchase must be."

It is important to start, no matter what amount, but it is always better to be a practitioner than a theorist. If you invest a certain amount, you will be able to understand how and how much you can afford to re-invest next time. Waiting for a better price is not the best move, since there is a chance that at that moment you will not be able to afford even small expenses. Yes, of course, you should understand for what period you are investing, and you should imagine all the ways out of situations so that if necessary, you do not touch your investments for a long time.

[ZeroVinsonN]

Every method works if you can use it properly, it depends entirely on how you use it.
The DCA is the easiest investment strategy to got into, it's cost effective since it's up to the investor to choose how much they invest periodically for the number of cycles they wish to hodl for, while still on DCA, an investor can decide to Scale (increase the amount of money the use to buy bitcoin periodically, lets say from $10 to $20, an investor can also decide to make additional $10 increase every month).
Somewhere along the way while they are still investing, the can get their hands on a large amount of discretionary income and decide to pour all of it into their investment, this is basically lump sum investment. If they are lucky and this large amount of money get to them during a DIP and there decide to invest, you can call it lump sum investment and also buying the DIP.
So every investment strategy works as long as you use them the right way.