Balancing Financial security and Bitcoin Accumulation

[Umulala-alala]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

besides there are still investors that do have lump sum but still start with little amounts using DCA strategy.

The main reason this is for risk management. Putting in a Large sum of money at once can create stress due to market fluctuations.But DCA reduces that stress and keeps the investor away from wrong decisions like timing the market. Moreover, if you buy little by little with the DCA strategy, the price will normalize and balance over time. You don't have to change your decision because of price increases or decreases. And buying small amounts regularly turns investing into a routine, which is very important for Long Term survival.

The investor should know that the bitcoin always fluctuate due to its volatility, nothing is wrong if an investor buy BTC with large sum of money as long as you can do away with it, some of these rich folks buys bitcoin large sum of money and never panic, don't you also know that there are also investors who dca with large sum of money? While some uses the lumb sum strategy in buying BTC. Buying with dca strategy doesn't make the price of bitcoin normalize nothing changes bitcoin will be volatile no matter any strategy use, it will be good to buy in large quantities than buying little by little if we have the discretionary income to buy if you also have little discretionary income you can as well be buying little little too provided you are doing this consistently and persistently every weeks or every months.

[Sticky Bomb]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

There are many that fails to understand that they can start accumulating bitcoin gradually and then be able to build up a good portfolio in bitcoin. Not having a lump sum shouldn't be an excuse for not starting to buy bitcoin besides there are still investors that do have lump sum but still start with little amounts using DCA strategy.
The most crucial thing is to have a discretionary income to invest with and then focus on continuous accumulation of bitcoin regardless of how small we may start. Before intervals of 5 years if we are consistent with our DCA strategy we may have built up a good portfolio.

When an investor makes a one-time purchase of Bitcoin, they expect the price to increase and their investment to grow over time. However, if the price does not increase, disappointment can ensue, especially if the purchase is made at the top of the market and the profit may take a long time to accrue.

If such an investor understood Bitcoin investment and is committed to holding for a long-term, I don't see any reason he should be disappointed if the prices doesn't move up immediately, those who gets disappointed are the traders who target quick profits and shouldn't be an investor who understands that he's going long-term in Bitcoin, unless he had a poor orientation prior to getting involved in Bitcoin

If perhaps the investor buys at once and reaches his accumulation target, then he should focus on his long-term holding period and not getting himself worked up with price fluctuations which is still the volatility of Bitcoin playing out.

A good strategy to address this risk is the DCA method, where one buys Bitcoin in stages. This reduces market volatility and allows for an average price to be invested, and reduces the time it takes to enter the market. For new investors, buying Bitcoin in stages can be a safer and more sustainable alternative to, or in addition to, a large one-time purchase. Even if someone wants to make a few large purchases over the course of four years, it is still possible to build a more stable Bitcoin holding by setting aside some capital to DCA on a weekly or monthly basis.

If the investor has a large discretionary income and decides to buy up at once, then there's no risk involved as long as he's going long-term in Bitcoin. If such an investor buys 10BTC and decides to go 10 years or even 20 in Bitcoin, the price he bought might end up being lower than what would have been the average buy amount if he spread out his buying amounts and continued buying periodically for that 10 or 20 years interval.

Lump summing is still a very much valid accumulation strategy and still can be very profitable provided the investor intended going long-term in Bitcoin holding and Bitcoin continues doing well.

[Proty]

The investor should know that the bitcoin always fluctuate due to its volatility, nothing is wrong if an investor buy BTC with large sum of money as long as you can do away with it, some of these rich folks buys bitcoin large sum of money and never panic, don't you also know that there are also investors who dca with large sum of money? While some uses the lumb sum strategy in buying BTC. Buying with dca strategy doesn't make the price of bitcoin normalize nothing changes bitcoin will be volatile no matter any strategy use, it will be good to buy in large quantities than buying little by little if we have the discretionary income to buy if you also have little discretionary income you can as well be buying little little too provided you are doing this consistently and persistently every weeks or every months.

using large sum of money to buy bitcoin all at once is not DCA strategy but it is lump sum buying. So it will be wrong to think that using large amounts of money to buy bitcoin is DCA strategy. It is not all investors that would want to enter the market all at once and also buying bitcoin on regular basis using DCA , act as a hedge against inflation.

[JayJuanGee]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

besides there are still investors that do have lump sum but still start with little amounts using DCA strategy.

The main reason this is for risk management. Putting in a Large sum of money at once can create stress due to market fluctuations.But DCA reduces that stress and keeps the investor away from wrong decisions like timing the market. Moreover, if you buy little by little with the DCA strategy, the price will normalize and balance over time. You don't have to change your decision because of price increases or decreases. And buying small amounts regularly turns investing into a routine, which is very important for Long Term survival.

The investor should know that the bitcoin always fluctuate due to its volatility, nothing is wrong if an investor buy BTC with large sum of money as long as you can do away with it, some of these rich folks buys bitcoin large sum of money and never panic, don't you also know that there are also investors who dca with large sum of money? While some uses the lumb sum strategy in buying BTC. Buying with dca strategy doesn't make the price of bitcoin normalize nothing changes bitcoin will be volatile no matter any strategy use, it will be good to buy in large quantities than buying little by little if we have the discretionary income to buy if you also have little discretionary income you can as well be buying little little too provided you are doing this consistently and persistently every weeks or every months.

I have frequently considered that there can be some improvements in psychology (and maybe finances too?) to supplement lump sum investing with ongoing buying and even buying the dip.

Let's say that a person is brand new to bitcoin (maybe in his 30s), and he has the ability to move over into bitcoin around $5k to invest right away from his savings and/or from other investments that he made over the years, and he also knows that he has a pretty decent cashflow system in place so that he can pretty much dedicate around $2,600 to invest into bitcoin over the next 6 months (that is $100 per week).  Let's say that he has back up funds in place too... such as 4-ish months of his expenses.

Accordingly, this guy decides that he is going to split the $5k that he has available into two categories and invest $2,500 right away at our current $87.5k prices, and plan the other $2,500 of that for buying dips that understands may or may not happen.  If such dips do not happen, he is o.k. to just keep the $2,500 in cash and potentially available in the future and potentially for buying at higher prices if he later chooses to do so.  The guy is currently thinking that it could possibly that the BTC price could go as low as $70k.... yet he does not even have a lot of confidence in that possibility and he knows that if the price were to go down to those prices or whatever other price, he still has his $100 per week buying system in place to cover with those weekly buys for whereever the BTC price goes.

Yet, based on everything he feels that he knows, he set up 9 buy orders starting from $86k and going down to $70k and every $2k price drop he has buy orders for $278.. so all of the outstanding buy orders cover his remaining $2,500.  He continues to consider that his buy orders might not get filled and at this time, he is o.k. with that.. and if he considers that if the BTC price were to go lower than $70k, then he will consider if he might have some other resources to draw upon if such a thing were to happen.. besides his already knowing that he will be making weekly buys with $100 per week into the next 6 months and maybe even further into the future than that..

The guy might continue to have a bit of a dilemma but feel that he is doing the best thing even though he feels that he is mostly attempting to prepare for up prices, rather than having concerns about down.. and yeah, maybe he has dedicated too much of his current cash for down and he continues to think about it.. yet at the same time, he feels that he needs to put some kind of a plan in place, yet how much he dedicates for each category (of buying right away, DCA and buying dips) relates to his own current comfort level, even if he might end up being wrong and realizing that he might be wrong in his tentative thoughts or that he might choose to change his mind down the road, even though he is thinking that once he buys he is not going to be selling anything, just ongoingly buying for 4-10 years or longer, yet right now, he is comfortable with his current choices based on what he currently knows, what cash he has and his cashflow situation and how he currently feels..

[edited out]

If such an investor understood Bitcoin investment and is committed to holding for a long-term, I don't see any reason he should be disappointed if the prices doesn't move up immediately, those who gets disappointed are the traders who target quick profits and shouldn't be an investor who understands that he's going long-term in Bitcoin, unless he had a poor orientation prior to getting involved in Bitcoin

Fair enough.  It sounds like a trader to be expecting profits in less than 4 years.

If perhaps the investor buys at once and reaches his accumulation target, then he should focus on his long-term holding period and not getting himself worked up with price fluctuations which is still the volatility of Bitcoin playing out.

I am having a hard time imagining how a person might buy one time and reach his accumulation target and still be an investor.

You are maybe saying that a person might have had been invested in something else and then moving the value in bitcoin, and then just going to hold for 4-10 years or longer.

How much are we talking about?

Let's say that a guy is in his late 30s, so maybe he had been saving and investing for more than 15 years, and maybe he has around a $30k income and maybe he invested more than $40k over the past 15 years in various traditional assets and so maybe all of his investments have a value of around $65k, so maybe he feels that he did good, yet he is thinking that it would be better to put that in bitcoin.  Is he going to put all of it in bitcoin or some of it?  Then presumably the guy is still working, and maybe he has plans to want to retire in around 10 years.. perhaps slightly more.  What is he going to do with his cashflows?  Is he investing in other things and then just letting his bitcoin sit based on his having had reached his target level of exposure to bitcoin? I might need some hypothetical to show me that we are talking about investing rather than trading with this idea of a lump sum investment that supposedly reaches its target in one shot.  What is the scenario that you are thinking about?  Is it a realistic scenario or are you just imagining some kind of a scenario that is not realistic?

If the investor has a large discretionary income and decides to buy up at once,

What?  You think that a person can reach his target merely from his discretionary income?  What kind of an income does this guy make?  Or are you saying that he saved in cash for 6 months.. maybe he makes $30k per year, and so over 6 months if he saved 50% of his income, he would have had saved up $7,500.  Is that even close to enough?  What kind of an imaginary scenario are you thinking?  Do you think that a guy of an income of $30k gets rich (or reaches his accumulation target) off of a lump sum of $7,500?  That sounds unrealistic whatever you are imagining to be possible.

then there's no risk involved as long as he's going long-term in Bitcoin.

Sure, there may be no risk if a guy is investing from his discretionary income, but the amounts that you are suggesting don't seem even close to plausible to making any kind of a meaningful difference.. you might be in your own trading mindset or your own ideas that you don't need to invest much capital and you can become rich (or at least well off) from that.

If such an investor buys 10BTC and decides to go 10 years or even 20 in Bitcoin, the price he bought might end up being lower than what would have been the average buy amount if he spread out his buying amounts and continued buying periodically for that 10 or 20 years interval.

I get your point that buying a lump sum now is going to cost less than it would cost to spread buys over 10 or 20 years, so sure, that is a fair point.  Yet part of the problem is that an overwhelming majority of folks do not have lump sums that they are ready, willing or able to put into bitcoin, so it becomes impractical to talk about the kinds of money that could be invested over 10 or 20 years as if that money were currently available.

When you give your example of 10 bitcoin, are you talking about the past or the present?  Right now 10 bitcoin is going to cost $880k. Who has $880k available right now?  Even though $88k per year for 10 years would achieve that, yet who has $88k per year to put into bitcoin?  Are you sure that you are attempting to talk about the situation of any normal person?  including potentially a person from Nigeria?

Sure we could talk about what a guy could have had done historically in order to make a point or to describe where such a guy is at right now based on his historical actions, yet if we are talking about a guy, or even potentially normal guys right now, then maybe some attempts at realistic examples might be helpful.

Lump summing is still a very much valid accumulation strategy and still can be very profitable provided the investor intended going long-term in Bitcoin holding and Bitcoin continues doing well.

There surely is nothing wrong with lump summing, but guys have to have the lump sums and be ready, willing and able to transfer (or allocate) that into bitcoin.  There are not very many people in such a situation, and even guys who have lump sum capital, they still tend to be reluctant in regards to transferring all of it at once into bitcoin, even though surely there are cases where guys might make such decisions, yet they still might take 3-6 months or even longer if the amount is a lot or if the amount is a large portion of their total networth.  I doubt that it is practical to just assume the availability of lump sums and even if they exist there still likely would be some considerations regarding timing or how long it might take to move such funds, assuming that most people are not so dumb as to keep most if not all of their networth in cash - even though surely there are some people who have gotten themselves into situations where they are holding large portions of their networth in cash, yet those people are not too common either, so it seems to be a bit weird why guys want to bring up situations (or examples) of situations that are not very common and even pretty fucking rare to find in reality..

It is not like 1 out of 10 Nigerians (participating in this thread) happens to have $880k sitting around that they can just plunk into buying either 10 BTC now or alternatively spreading their investment over 10 to 20 years, and part of the reason that many of us talk about DCA so frequently is that is one of the ONLY ways that normal people can accumulate large amounts of cash.. over time, not in really short periods of time (except perhaps on rare occasions normal people might come across a bunch of extra cash and then have the luxury of having options, but that is the exception rather than the normal situation for normal people).

[Joeboy]

There surely is nothing wrong with lump summing, but guys have to have the lump sums and be ready, willing and able to transfer (or allocate) that into bitcoin.  There are not very many people in such a situation, and even guys who have lump sum capital, they still tend to be reluctant in regards to transferring all of it at once into bitcoin, even though surely there are cases where guys might make such decisions, yet they still might take 3-6 months or even longer if the amount is a lot or if the amount is a large portion of their total networth.  I doubt that it is practical to just assume the availability of lump sums and even if they exist there still likely would be some considerations regarding timing or how long it might take to move such funds, assuming that most people are not so dumb as to keep most if not all of their networth in cash - even though surely there are some people who have gotten themselves into situations where they are holding large portions of their networth in cash, yet those people are not too common either, so it seems to be a bit weird why guys want to bring up situations (or examples) of situations that are not very common and even pretty fucking rare to find in reality..

It is not like 1 out of 10 Nigerians (participating in this thread) happens to have $880k sitting around that they can just plunk into buying either 10 BTC now or alternatively spreading their investment over 10 to 20 years, and part of the reason that many of us talk about DCA so frequently is that is one of the ONLY ways that normal people can accumulate large amounts of cash.. over time, not in really short periods of time (except perhaps on rare occasions normal people might come across a bunch of extra cash and then have the luxury of having options, but that is the exception rather than the normal situation for normal people).

Lump summing may seem very unrealistic for most average folks who are earning low or inconsistent income, this is coz it may be almost impossible for them to have a large chunk of money sitting in their account...But then most folks both the rich and poor earn their income either in a weekly or a monthly basis, that is why DCA may feel more realistic and convenient for this folks as it make it possible to spread out their small and steady purchase across the periods where they receive their income, thereby reducing the burden and fear/panic that may come with putting in a large amount of money. DCA is just the perfect strategy for all.

[Sim_card]

Lump summing may seem very unrealistic for most average folks who are earning low or inconsistent income, this is coz it may be almost impossible for them to have a large chunk of money sitting in their account...But then most folks both the rich and poor earn their income either in a weekly or a monthly basis, that is why DCA may feel more realistic and convenient for this folks as it make it possible to spread out their small and steady purchase across the periods where they receive their income, thereby reducing the burden and fear/panic that may come with putting in a large amount of money. DCA is just the perfect strategy for all.

You don't need to have a big chunk of funds sitting in your account before you can lump sum. A poor investor can still lump sum because buying lump sum doesn't mean that you are to use to big amount of money to buy at once. If you're given bonus at work or funds as gift in your birthday party or during festive periods like this Xmas time, you can use the money to lump sum right away without considering the price of bitcoin.

If your DCA is $50 weekly from your discretionary income, and you received funds $100 as bonus that you didn't expect and have no plan of using the money, you can buy right away with the $100. You must not have $1000 before you say it's lump sum.

[Mr_Brilliant$]

There surely is nothing wrong with lump summing, but guys have to have the lump sums and be ready, willing and able to transfer (or allocate) that into bitcoin.  There are not very many people in such a situation, and even guys who have lump sum capital, they still tend to be reluctant in regards to transferring all of it at once into bitcoin, even though surely there are cases where guys might make such decisions, yet they still might take 3-6 months or even longer if the amount is a lot or if the amount is a large portion of their total networth.  I doubt that it is practical to just assume the availability of lump sums and even if they exist there still likely would be some considerations regarding timing or how long it might take to move such funds, assuming that most people are not so dumb as to keep most if not all of their networth in cash - even though surely there are some people who have gotten themselves into situations where they are holding large portions of their networth in cash, yet those people are not too common either, so it seems to be a bit weird why guys want to bring up situations (or examples) of situations that are not very common and even pretty fucking rare to find in reality..

It is not like 1 out of 10 Nigerians (participating in this thread) happens to have $880k sitting around that they can just plunk into buying either 10 BTC now or alternatively spreading their investment over 10 to 20 years, and part of the reason that many of us talk about DCA so frequently is that is one of the ONLY ways that normal people can accumulate large amounts of cash.. over time, not in really short periods of time (except perhaps on rare occasions normal people might come across a bunch of extra cash and then have the luxury of having options, but that is the exception rather than the normal situation for normal people).

Lump summing may seem very unrealistic for most average folks who are earning low or inconsistent income, this is coz it may be almost impossible for them to have a large chunk of money sitting in their account...But then most folks both the rich and poor earn their income either in a weekly or a monthly basis, that is why DCA may feel more realistic and convenient for this folks as it make it possible to spread out their small and steady purchase across the periods where they receive their income, thereby reducing the burden and fear/panic that may come with putting in a large amount of money. DCA is just the perfect strategy for all.

Na the real talk just be that, For most average people, especially those with low or inconsistent income, lump summing is not just realistic at all…  Having one big amount just sitting there ready to invest is something only a few people can comfortably do..

Since almost everyone earns weekly or monthly, DCA naturally fits into how money comes in.. You are just investing in small small, the same way you earn, and that alone removes a lot of pressure. It does not feel like you are risking everything at once, and it helps reduce and calm the fear that usually comes with putting in a large sum..

That is why DCA works so well for both the rich and the poor. It is simple and easier to stay consistent with. You are not trying to time the market or stress yourself, you just Dey build steadily with time, and for most people, that is the smartest and most realistic approach.

[Joeboy]

Lump summing may seem very unrealistic for most average folks who are earning low or inconsistent income, this is coz it may be almost impossible for them to have a large chunk of money sitting in their account...But then most folks both the rich and poor earn their income either in a weekly or a monthly basis, that is why DCA may feel more realistic and convenient for this folks as it make it possible to spread out their small and steady purchase across the periods where they receive their income, thereby reducing the burden and fear/panic that may come with putting in a large amount of money. DCA is just the perfect strategy for all.

You don't need to have a big chunk of funds sitting in your account before you can lump sum. A poor investor can still lump sum because buying lump sum doesn't mean that you are to use to big amount of money to buy at once. If you're given bonus at work or funds as gift in your birthday party or during festive periods like this Xmas time, you can use the money to lump sum right away without considering the price of bitcoin.

If your DCA is $50 weekly from your discretionary income, and you received funds $100 as bonus that you didn't expect and have no plan of using the money, you can buy right away with the $100. You must not have $1000 before you say it's lump sum.

How many times in a year are festivals like Xmas celebrated. ? Well you already know the answer to that, Also are you certain that you will be given a bonus / gift at your your workplace or at a birthday party this month?  I still think you already have an answer to that......Truth be told there isn't any kind of certainty that it is every year/ every month that you will receive bonuses or Xmas gift and if folks begin to wait until they receive bonuses from work or gifts from parties/ Xmas before they invest then they may not even invest at all or may end up having little accumulation. That is why I said that lump sum may seem very unrealistic for average folks coz that chunk of money doesn't come frequently as you may think. But then if we look, you will know that almost everyone both the poor, the rich, the old, the young and even the average folks earns either a weekly/ daily/ a monthly income which may comes in form of salaries for the working class, or pension for the retired or pocket money for the students, irrespective of whether it is consistent/ inconsistent. That is why the DCA approach may seem more realistic and convenient than other approach coz it gives folks the opportunity to spread out their purchases to fit/align it with the period that they may be receiving their income, am also sure you are making use of the DCA approach.....

[The Founding Titan]

Most traders wait for low entry points, they buy Bitcoin for quick profits, many do not have real disposable income.They use Leverage to enter the Market when the price drops and sell when the price rises slightly.

These types of traders are not investing with excess Income, it is very Difficult for them to hold Bitcoin for the long term, even a little volatility forces them to sell.They take the risk of exploiting short-term opportunities in the market instead of holding, Which is much riskier than holding Bitcoin for the long term.

Bitcoin is actually more suitable for those who can accumulate slowly with Discretionary Income, not leverage, and learn to see volatility as an opportunity, not a problem!

Chasing of quick profit in Bitcoin seems so fucked up for guys to be engaging in. Trading of Bitcoin should never be an option for guys who are really concerned about growing their wealth. From my little time here, I have learnt alot from Mister Jayjuagee, and I utilized that knowledge and ever since I have always stayed the fuck away from trading Bitcoin. I rather chose the best option which is investing in Bitcoin with the mindset of holding for a cycle and more. I have been also very consistent with making use of the DCA approach

You need to try to be realistic PhilosopherKing in terms of how long you think that you need to invest into bitcoin before you might  be able to really start to reap benefits off of it.

Sure in some sense merely by building your bitcoin holdings you are improving your financial and psychological circumstances because you are increasing your options... yet at the same time, I am currently thinking that if guys are merely investing from their income and they do not have investment, savings and/or capital prior to coming to bitcoin, then it is quite likely that the best that they might be able to do is to invest into bitcoin with about 15% to 25% of their target income level per year, and even investing at that rate it may well take at least (if not more) than 2 whole cycles to start to get close to having enough bitcoin.

Sure,  guy could be regularly investing along the way, and he may well come across some fortuous circumstances in which he is able to inject more value into bitcoin in order to grow his stash to higher levels, so even though I proclaim that a bitcoin investment timeline should be 4-10 years or longer, many times (or perhaps an overwhelming majority of the times) guys are going to need more than 10 years to really build up their wealth before they might be able to potentially start to live off of their wealth.. and if they do not build at least 10 years, then they are likely going to go down the road of cashing out too much too soon.. and never really getting to fuck you status or even a comfortable sustainable withdrawal level.

The reason that I allow for the 4-10 year (or the less than 10 year timeline for the investment in bitcoin) is because there may be guys who are not able to invest into bitcoin for 10 years or more based on age and/or health considerations.. and so I think otherwise most guys should be shooting for 10 years or more rather than shooting for anything between 4 and 10 years, unless they fit the category of having age and/or health considerations that are contributing to their needing to have a less than 10 year timeline.

Of course another exception is if guys had already been investing and/or savings prior to coming to bitcoin, so then they can reallocate into bitcoin and front load their bitcoin investment.. and so I understand that there can be some circumstances in which frontloading is possible without guys entering into too much risk and/or gambling like behaviors.  Personally, I don't believe in gambling with investments (including bitcoin).

This is why people who want to invest in bitcoin should push for what they can actually manage, we all have different investment capacities, maybe if someone was able to lump sum alot with really good amounts of money then they might be willing to stop investing after 10 years regardless of whether or not they hit over-accumulation in that time frame this is because between 2015 and today bitcoin has seen some really good price hikes and if someone was able to lump around $40k within that time with the majority of his investment preferably happening towards the earlier part of this time frame then he is most likely to made more profit than someone why was investing using the DCA and investing the same amount of money over the same timeframe.
In my opinion, when a person has hit their first 2 cycles and they look back and see how far they've come in their investment journey they will most likely get motivated to keep investing because they have seen the proof that their hardwork over the years wasn't in vain and even though they haven't hit their mark yet they will see that they are better off there than they were before they started investing in bitcoin.

[Cossyblack]

using large sum of money to buy bitcoin all at once is not DCA strategy but it is lump sum buying. So it will be wrong to think that using large amounts of money to buy bitcoin is DCA strategy. It is not all investors that would want to enter the market all at once and also buying bitcoin on regular basis using DCA , act as a hedge against inflation.

DCA buying might sometimes be mistaken for Lump sum strategy because Discretionary income used by Wealthy folks to buy bitcoin is often large which could be mistaken for Lump sum. The believe that Lump sum Strategy is only used by Wealthy investors is false, it can be use by any bitcoin investor to buy bitcoin regardless of financial status provided they have large sum of discretionary income available to buy at once.

[Gost ms]

This is why people who want to invest in bitcoin should push for what they can actually manage, we all have different investment capacities, maybe if someone was able to lump sum alot with really good amounts of money then they might be willing to stop investing after 10 years regardless of whether or not they hit over-accumulation in that time frame this is because between 2015 and today bitcoin has seen some really good price hikes and if someone was able to lump around $40k within that time with the majority of his investment preferably happening towards the earlier part of this time frame then he is most likely to made more profit than someone why was investing using the DCA and investing the same amount of money over the same timeframe.
In my opinion, when a person has hit their first 2 cycles and they look back and see how far they've come in their investment journey they will most likely get motivated to keep investing because they have seen the proof that their hardwork over the years wasn't in vain and even though they haven't hit their mark yet they will see that they are better off there than they were before they started investing in bitcoin.

When to stop investing is a personal decision. But a responsible investor will never stop investing before his goal is met. An investor should set a goal. He should keep buying until he reaches his goal. If a person's goal is to buy 10 Bitcoins and he accumulates 5 Bitcoins, then if he thinks he has accumulated a lot of Bitcoins and stops investing, then he will never be a responsible investor.

In my opinion, when a person has hit their first 2 cycles and they look back and see how far they've come in their investment journey they will most likely get motivated to keep investing because they have seen the proof that their hardwork over the years wasn't in vain and even though they haven't hit their mark yet they will see that they are better off there than they were before they started investing in bitcoin.

Bitcoin has proven itself every time from the beginning to the present in long-term investing. It is very important for a person to build faith in Bitcoin. Because when a person builds faith in Bitcoin, he will not be afraid of the fall and will not be afraid of anything. As you said, if a person buys for 2 cycles and then looks back and then starts investing aggressively or becomes more interested in investing, it will be too late for them. Because 2 cycles is a lot of times if a 50 year old person does this, it may be too late for him. So it is very important for a person to build trust in Bitcoin from the very beginning and when they build trust in Bitcoin, they will be willing to continue buying and not be afraid of a decline.

[The Founding Titan]

This is why people who want to invest in bitcoin should push for what they can actually manage, we all have different investment capacities, maybe if someone was able to lump sum alot with really good amounts of money then they might be willing to stop investing after 10 years regardless of whether or not they hit over-accumulation in that time frame this is because between 2015 and today bitcoin has seen some really good price hikes and if someone was able to lump around $40k within that time with the majority of his investment preferably happening towards the earlier part of this time frame then he is most likely to made more profit than someone why was investing using the DCA and investing the same amount of money over the same timeframe.
In my opinion, when a person has hit their first 2 cycles and they look back and see how far they've come in their investment journey they will most likely get motivated to keep investing because they have seen the proof that their hardwork over the years wasn't in vain and even though they haven't hit their mark yet they will see that they are better off there than they were before they started investing in bitcoin.

When to stop investing is a personal decision. But a responsible investor will never stop investing before his goal is met. An investor should set a goal. He should keep buying until he reaches his goal. If a person's goal is to buy 10 Bitcoins and he accumulates 5 Bitcoins, then if he thinks he has accumulated a lot of Bitcoins and stops investing, then he will never be a responsible investor.

In my opinion, when a person has hit their first 2 cycles and they look back and see how far they've come in their investment journey they will most likely get motivated to keep investing because they have seen the proof that their hardwork over the years wasn't in vain and even though they haven't hit their mark yet they will see that they are better off there than they were before they started investing in bitcoin.

Bitcoin has proven itself every time from the beginning to the present in long-term investing. It is very important for a person to build faith in Bitcoin. Because when a person builds faith in Bitcoin, he will not be afraid of the fall and will not be afraid of anything. As you said, if a person buys for 2 cycles and then looks back and then starts investing aggressively or becomes more interested in investing, it will be too late for them. Because 2 cycles is a lot of times if a 50 year old person does this, it may be too late for him. So it is very important for a person to build trust in Bitcoin from the very beginning and when they build trust in Bitcoin, they will be willing to continue buying and not be afraid of a decline.

How exactly will it be too late for them? They've have already been accumulating for 8 years and they have seen good growth in their profits that ultimately served as ledge for them to keep accumulating, I'm assuming you misunderstood most if not all of what I said because that's the only way I can explain your interpretation of everything I said, please don't misunderstand me and then twist my words in way I didn't say them, of course bitcoin has been a success story for the past 15 years plus, that the one major reason why new investors are entering bitcoin's market because they've seen what can be gained from it and if a person has dedicated his time and finances (discretionary income) into investing in bittand after 2 cycles of consistent investment he sees all the good his investment has done he would most likely get motivated to keep investing, not that he was planning to stop investing in the first place.
Alot of people do not understand when they've hit over-accumulation which can lead to them stopping their investment too early, some even think that once they have invested for 1 or two cycles they can stop investing ( which was the point that led to my initial statement thta you misunderstood) but I person can ignorantly tell themselves that they will stop accumulating after 2 cycles but when that time is over and they see how much profit they've already made, that profit can become what motivates them to keep investing and it's certainly isn't too late for them at that time because they never stopped investing in the first place.

[Bigjoe33]

Lump summing may seem very unrealistic for most average folks who are earning low or inconsistent income, this is coz it may be almost impossible for them to have a large chunk of money sitting in their account...But then most folks both the rich and poor earn their income either in a weekly or a monthly basis, that is why DCA may feel more realistic and convenient for this folks as it make it possible to spread out their small and steady purchase across the periods where they receive their income, thereby reducing the burden and fear/panic that may come with putting in a large amount of money. DCA is just the perfect strategy for all.

You don't need to have a big chunk of funds sitting in your account before you can lump sum. A poor investor can still lump sum because buying lump sum doesn't mean that you are to use to big amount of money to buy at once. If you're given bonus at work or funds as gift in your birthday party or during festive periods like this Xmas time, you can use the money to lump sum right away without considering the price of bitcoin.

If your DCA is $50 weekly from your discretionary income, and you received funds $100 as bonus that you didn't expect and have no plan of using the money, you can buy right away with the $100. You must not have $1000 before you say it's lump sum.

No doubt that it must be a big money before you call it lump sum, once you buy higher than your normal weekly or monthly DCA buy at some point, it might be regarded as lump sum for you. But then, it still comes down to what you can afford to invest. Because a low income investor who is trying to keep up with his weekly investment and trying to adjust in his expenses and income allocation, might not freely invest totally with such cash gift as you mentioned above. He might still want to continue with his normal buys and then put in some of the money to some other things or even add to his emergency funds or any other thing depending on priority or the present situation. Preferably, sticking with a continuous DCA buys and maybe a slight DCA increase and then building up back up funds rather than going for a lump sum immediately when one gets little cash bonuses that are not steady

[Hardyrobust]

Lump summing may seem very unrealistic for most average folks who are earning low or inconsistent income, this is coz it may be almost impossible for them to have a large chunk of money sitting in their account...But then most folks both the rich and poor earn their income either in a weekly or a monthly basis, that is why DCA may feel more realistic and convenient for this folks as it make it possible to spread out their small and steady purchase across the periods where they receive their income, thereby reducing the burden and fear/panic that may come with putting in a large amount of money. DCA is just the perfect strategy for all.

You don't need to have a big chunk of funds sitting in your account before you can lump sum. A poor investor can still lump sum because buying lump sum doesn't mean that you are to use to big amount of money to buy at once. If you're given bonus at work or funds as gift in your birthday party or during festive periods like this Xmas time, you can use the money to lump sum right away without considering the price of bitcoin.

If your DCA is $50 weekly from your discretionary income, and you received funds $100 as bonus that you didn't expect and have no plan of using the money, you can buy right away with the $100. You must not have $1000 before you say it's lump sum.

No doubt that it must be a big money before you call it lump sum, once you buy higher than your normal weekly or monthly DCA buy at some point, it might be regarded as lump sum for you. But then, it still comes down to what you can afford to invest. Because a low income investor who is trying to keep up with his weekly investment and trying to adjust in his expenses and income allocation, might not freely invest totally with such cash gift as you mentioned above. He might still want to continue with his normal buys and then put in some of the money to some other things or even add to his emergency funds or any other thing depending on priority or the present situation. Preferably, sticking with a continuous DCA buys and maybe a slight DCA increase and then building up back up funds rather than going for a lump sum immediately when one gets little cash bonuses that are not steady

using up an extra cash such as gift to do lump sum is not a bad idea since this money is not meant for any purpose. A low coiner can decide to use up this extra cash to buy bitcoin using lump sum strategy and this won't affect the investor from meeting up with his /her expenses. Using extra cash to do lump sum isn't a bad idea at all , an investor can decide to use this extra cash for buying the dip buy setting it aside while going about with his investment using DCA strategy and then use the extra cash to buy the dip when the opportunity arises.

[PhilosopherKing]

using up an extra cash such as gift to do lump sum is not a bad idea since this money is not meant for any purpose. A low coiner can decide to use up this extra cash to buy bitcoin using lump sum strategy and this won't affect the investor from meeting up with his /her expenses. Using extra cash to do lump sum isn't a bad idea at all , an investor can decide to use this extra cash for buying the dip buy setting it aside while going about with his investment using DCA strategy and then use the extra cash to buy the dip when the opportunity arises.

If you are already using the DCA strategy consistently, and an extra cash that is not your discretionary income is received, before you begin jumping from one strategy to another like some confused investor, the first sensible thing to do is to ensure that all your bills both the planned and unplanned bills are taken care of.

There is no wisdom to lump sum all your extra cash into Bitcoin today and begin borrowing or panicking to sell the following day. So first sort all your shit out.

After that you can use what is left to strengthen your backup funds. This aspect is very important because it prevents recklessness and all those sort of rage and panic selling because some random expense decided to show up. After this two is sorted out you can use what ever that is left to lump sum or buy the dip. But when you are doing that, ensure that the other strategies doesn't affect your DCA.

[JayJuanGee]

Lump summing may seem very unrealistic for most average folks who are earning low or inconsistent income, this is coz it may be almost impossible for them to have a large chunk of money sitting in their account...But then most folks both the rich and poor earn their income either in a weekly or a monthly basis, that is why DCA may feel more realistic and convenient for this folks as it make it possible to spread out their small and steady purchase across the periods where they receive their income, thereby reducing the burden and fear/panic that may come with putting in a large amount of money. DCA is just the perfect strategy for all.

You don't need to have a big chunk of funds sitting in your account before you can lump sum. A poor investor can still lump sum because buying lump sum doesn't mean that you are to use to big amount of money to buy at once. If you're given bonus at work or funds as gift in your birthday party or during festive periods like this Xmas time, you can use the money to lump sum right away without considering the price of bitcoin.

If your DCA is $50 weekly from your discretionary income, and you received funds $100 as bonus that you didn't expect and have no plan of using the money, you can buy right away with the $100. You must not have $1000 before you say it's lump sum.

No doubt that it must be a big money before you call it lump sum,

I think that Sim_card was saying the opposite. He was suggesting that any amount that is outside of normal cashflows might be considered a lump sum in terms of potentially giving options whether or not to treat that new amount differently from regular DCA amounts.

Many of us likely know that DCA amounts do not have to be exactly the same amount or exactly the same time frame either.

A person might have a flexible DCA that is applied somewhere between Tuesday and Thursday every week that is a minimum of $10  no matter what, but tending to be between 40% and 60% of the total weekly discretionary income.  Maybe the weekly discretionary income varies.. and some weeks it is zero (or even negative) and other weeks it is more than $300.  Guys can create flexibility within quasi-strict frameworks that they impose upon themselves.. and sure other guys might just set up an automatic DCA that is $65 per week, and then they have flexibility to add to the DCA by making supplemental purchases.

once you buy higher than your normal weekly or monthly DCA buy at some point, it might be regarded as lump sum for you. But then, it still comes down to what you can afford to invest. Because a low income investor who is trying to keep up with his weekly investment and trying to adjust in his expenses and income allocation, might not freely invest totally with such cash gift as you mentioned above. He might still want to continue with his normal buys and then put in some of the money to some other things or even add to his emergency funds or any other thing depending on priority or the present situation. Preferably, sticking with a continuous DCA buys and maybe a slight DCA increase and then building up back up funds rather than going for a lump sum immediately when one gets little cash bonuses that are not steady

Ok.  it sounds like you are saying the same as Sim_card. .. just giving  different examples in ways that lump sum might be triggered, which lump sum could be triggered by extra money coming in, less expenses or maybe some money that we decide to free up and to allocate towards bitcoin.  Maybe we decide to free up a $1k bond that we had been holding for more than 5 years, and one day we were going through our papers, and we remember that we owned a $1k bond.  We had not remembered that we owned the bond, and so after we saw the paper, we decided to cash out the bond and to use that money to buy bitcoin, and maybe there is a 1 week waiting period once we start to process before the money will arrive at our bank account, so we realize that we had freed up some money that we were going to be using to buy bitcoin and we consider that to be a lump sum that would be arriving in our bank account within about 1 week..

[edited out

........an investor can decide to use this extra cash for buying the dip buy setting it aside while going about with his investment using DCA strategy and then use the extra cash to buy the dip when if the opportunity arises.

Fixed that for you.

using up an extra cash such as gift to do lump sum is not a bad idea since this money is not meant for any purpose. A low coiner can decide to use up this extra cash to buy bitcoin using lump sum strategy and this won't affect the investor from meeting up with his /her expenses. Using extra cash to do lump sum isn't a bad idea at all , an investor can decide to use this extra cash for buying the dip buy setting it aside while going about with his investment using DCA strategy and then use the extra cash to buy the dip when the opportunity arises.

If you are already using the DCA strategy consistently, and an extra cash that is not your discretionary income is received, before you begin jumping from one strategy to another like some confused investor, the first sensible thing to do is to ensure that all your bills both the planned and unplanned bills are taken care of.

There is no wisdom to lump sum all your extra cash into Bitcoin today and begin borrowing or panicking to sell the following day. So first sort all your shit out.

After that you can use what is left to strengthen your backup funds. This aspect is very important because it prevents recklessness and all those sort of rage and panic selling because some random expense decided to show up. After this two is sorted out you can use what ever that is left to lump sum or buy the dip. But when you are doing that, ensure that the other strategies doesn't affect your DCA.

I would think that the longer that we invest into bitcoin and we build up our back up funds, we are going to have various cash cushions in place in case that we might make mistakes in our income versus expenses from time to time.  Sure, guys will sometimes make mistakes, yet if he has decently strong back up fund systems in place, he should have enough money to cover any mistakes that he might make, so maybe a guy who generally has expenses that are $800 to $1,200 per month, then ideally after he had been investing into bitcoin a few years, he would have something like  $3,600 available in various forums, yet if he is new to bitcoin investing maybe he ONLY has around $1k as his cushion.. even though he is building up the back up amounts, yet guys should have enough in place to cover any mistakes that they might make.. which maybe  from time to time they make a mistake that is $100 or $200 or even $300, but those kinds of mistakes should not be very common, yet if they occur, I would think that guys here would be putting systems in place in order to cover a variety of circumstances and the longer that they are investing in bitcoin, the stronger their various back up fund systems are getting.

In other words, I would not presume that just because a guy did not mention his back up funds, that he does not have them in place.  Sure there are probably plenty of guys who have bad habits and they are not maintaining sufficient back up funds, yet I am not going to presume guys are doing those kinds of things.. and yeah, for example if they get some extra cash or extra income and less expenses, they may well need to think about whether they will, authorize to put it into bitcoin which then gives them three ways of investing (DCA, lump sum and/or buy on dip), yet before they even authorize putting it into bitcoin, they have the options of using that money for consumption and/or for savings (back up funds).  We should not automatically presume guys are not considering the various categories, even though surely it likely takes practice to get good at managing and strengthening our cashflow systems and practices. 

[Nightwatchmare]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

besides there are still investors that do have lump sum but still start with little amounts using DCA strategy.

The main reason this is for risk management. Putting in a Large sum of money at once can create stress due to market fluctuations.But DCA reduces that stress and keeps the investor away from wrong decisions like timing the market. Moreover, if you buy little by little with the DCA strategy, the price will normalize and balance over time. You don't have to change your decision because of price increases or decreases. And buying small amounts regularly turns investing into a routine, which is very important for Long Term survival.

Using large money to buy Bitcoin at once cannot create stress if you do it within your discretionary income because at some point in your investment journey you need to frontload your investment. The only time that it is wrong to put large money in Bitcoin at once is when you do it with the money for your essential things because it will force you to sell your investment prematurely to solve your essential things. The DCA method does not guarantee a successful Bitcoin investment. For you to have a successful Bitcoin investment with the DCA strategy, you need to use your discretionary income and invest in Bitcoin so that you can reduce stress and keep yourself away from wrong decisions that will put you in a tight corner during your Bitcoin investment.

[Mr_Brilliant$]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

besides there are still investors that do have lump sum but still start with little amounts using DCA strategy.

The main reason this is for risk management. Putting in a Large sum of money at once can create stress due to market fluctuations.But DCA reduces that stress and keeps the investor away from wrong decisions like timing the market. Moreover, if you buy little by little with the DCA strategy, the price will normalize and balance over time. You don't have to change your decision because of price increases or decreases. And buying small amounts regularly turns investing into a routine, which is very important for Long Term survival.

Yeah, you are right, putting in a lot of money can create stress, especially when the market start to go up and down.. Even if you believe in what you bought, seeing red immediately after buying and still make you get tired

That is why DCA just is just better.. You are buying small small, staying calm and not trying to overpower the market.. even if price goes up or price goes down.. it does not change your plan at all…

[Jaksonhard]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

besides there are still investors that do have lump sum but still start with little amounts using DCA strategy.

The main reason this is for risk management. Putting in a Large sum of money at once can create stress due to market fluctuations.But DCA reduces that stress and keeps the investor away from wrong decisions like timing the market. Moreover, if you buy little by little with the DCA strategy, the price will normalize and balance over time. You don't have to change your decision because of price increases or decreases. And buying small amounts regularly turns investing into a routine, which is very important for Long Term survival.

Using large money to buy Bitcoin at once cannot create stress if you do it within your discretionary income because at some point in your investment journey you need to frontload your investment. The only time that it is wrong to put large money in Bitcoin at once is when you do it with the money for your essential things because it will force you to sell your investment prematurely to solve your essential things. The DCA method does not guarantee a successful Bitcoin investment. For you to have a successful Bitcoin investment with the DCA strategy, you need to use your discretionary income and invest in Bitcoin so that you can reduce stress and keep yourself away from wrong decisions that will put you in a tight corner during your Bitcoin investment.

I agree with the main point in the text above, which argues that the source of your funds (discretionary income) is more important than how much you spend at once. Making a substantial price-point purchase using your discretionary income can actually decrease your overall anxiety as long as you have the financial stability to manage the day-to-day fluctuations associated with the cryptocurrency market. On the other hand, problems typically arise when people invest funds needed for their basic necessities, as this pressure leads to panic selling at an inopportune time, as was previously written about this month. Additionally, only invest those funds that you have the capability of locking up for an extended period of time, thus helping you to maintain your composure, think long-term, and avoid irrational financial decision-making as you navigate through your cryptocurrency investment journey.

[The Founding Titan]

There surely is nothing wrong with lump summing, but guys have to have the lump sums and be ready, willing and able to transfer (or allocate) that into bitcoin.  There are not very many people in such a situation, and even guys who have lump sum capital, they still tend to be reluctant in regards to transferring all of it at once into bitcoin, even though surely there are cases where guys might make such decisions, yet they still might take 3-6 months or even longer if the amount is a lot or if the amount is a large portion of their total networth.  I doubt that it is practical to just assume the availability of lump sums and even if they exist there still likely would be some considerations regarding timing or how long it might take to move such funds, assuming that most people are not so dumb as to keep most if not all of their networth in cash - even though surely there are some people who have gotten themselves into situations where they are holding large portions of their networth in cash, yet those people are not too common either, so it seems to be a bit weird why guys want to bring up situations (or examples) of situations that are not very common and even pretty fucking rare to find in reality..

It is not like 1 out of 10 Nigerians (participating in this thread) happens to have $880k sitting around that they can just plunk into buying either 10 BTC now or alternatively spreading their investment over 10 to 20 years, and part of the reason that many of us talk about DCA so frequently is that is one of the ONLY ways that normal people can accumulate large amounts of cash.. over time, not in really short periods of time (except perhaps on rare occasions normal people might come across a bunch of extra cash and then have the luxury of having options, but that is the exception rather than the normal situation for normal people).

Lump summing may seem very unrealistic for most average folks who are earning low or inconsistent income, this is coz it may be almost impossible for them to have a large chunk of money sitting in their account...But then most folks both the rich and poor earn their income either in a weekly or a monthly basis, that is why DCA may feel more realistic and convenient for this folks as it make it possible to spread out their small and steady purchase across the periods where they receive their income, thereby reducing the burden and fear/panic that may come with putting in a large amount of money. DCA is just the perfect strategy for all.

There is absolutely nothing wrong with lump summing as long as the money to do so is available but when the money for lump summing is not available then best to stick to DCAing, you can DCA with what you have available to you without having to worry about it, bit by bit over time and your small investments will eventually grow into something substantial.
One thing I noticed is that most people think lump summing need alot of money but in reality that not entirely true, let's say you got a bonus from your place of work, you expenses will remain roughly the same meaning you have more discretionary income then usual, you can always decide to lump sum with this extra cash and frankly there are also some other ways through which extra funds can become available like this and when ever they come you could always decide to lump sum with them.
You absolutely don't need all the money in the world to be able to lump sum.