Three best ways to hold bitcoin combined.

[okorieemmanuel]

There is nothing wrong with any of the methods that is used for buying bitcoin. All the method has there advantages as well as there disadvantages. An investor can used any of the strategy that he deem fit to work for his financial situation. For someone that wants to start investing in bitcoin the DCA strategy maybe suitable for them to start with if they don't want to do lump sum. There are also those that have the money to lump sum but choose not to go all in at once which the DCA strategy is still the best for this.

I agree, while some people might read that we keep saying about DCA. They have to consider their financial situation before doing it but that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

I don't mean to pry into your affairs but I'll like to know which strategy you use? I apply all strategy including speculation, volume, DCA. Is it multiple combination like me? From my own assumptions, an investment strategy must be dynamic and not static to adapt to the prevailing society changes.

[samadam007]

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

[passwordnow]

I don't mean to pry into your affairs but I'll like to know which strategy you use? I apply all strategy including speculation, volume, DCA. Is it multiple combination like me? From my own assumptions, an investment strategy must be dynamic and not static to adapt to the prevailing society changes.

I agree to you that it can be dynamic but as for me, what works for me might not work for you. So, if I DCA at any moment I've got some available money, I'd do it. I would closely look if the price of btc is considered low. But there will be the times that I won't mind for as long as my money goes to btc as if it's my savings investment.

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

That definition of DCA is correct but when it's mostly talked in the community to DCA, we're not trying to change its meaning but for most comfortable strategy and understanding of it is to buy when someone is convenient of doing it although, you're right in definition but the right term for not fixed amount is called 'averaging the cost'. CMIIW
But there's no doubt that nothing beats DCA, I think it just differs per situation that even when you do it consistently with a fixed amount, sometimes the situation changes that you still consistently buy but the amount changes depending on your pocket's availability.

[Tongley]

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

What you said about DCA according to the ideal rule or pen and paper is correct. But we can adopt a slightly different approach such as keeping our purchase period the same and buying based on our financial situation. For example, in real life, many types of expenses may increase or the source of income may fluctuate, so it is better to continue buying based on our financial situation. This method is not included outside DCA, this method is included in DCA.

Outside DCA investment, it will go away when, you see the market price is low or you suddenly invest and do not invest for several days after that, the person who buys in this way is not a DCA method at all,

[Soldroplet]

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

You have raised an important point. The DCA method does not just mean Bitcoin, but rather investing a predetermined amount of money at regular intervals, regardless of whether the price goes down or up. If someone buys only when the price is low or based on their emotions or feelings, then it is not DCA, but an attempt to time the market.

Let me explain this with a simple example. Suppose two people want to buy Bitcoin.

The first person decides that on the 1st of every month he will buy $100 worth of Bitcoin, whether the price is $50,000 or $100,000. He is buying regularly according to his plan, so he is actually following DC. (Setting a specific schedule and sticking to that schedule. It can be weekly, biweekly, or monthly—anything goes.)

On the other hand, the second person says that he is also doing DCA, but in reality he only buys when he thinks the price has dropped enough. Some months he buys, some months he waits for the price to drop further. His decision here is based on price, not timing. So it is not DCA, but rather an attempt to time the market.

The real advantage of DCA is that it keeps emotions in check and helps the investor accumulate Bitcoin consistently and not worry about Bitcoin price increases. This is an important distinction for beginners to understand, as success often depends more on the right habits than the right price.

[Popkon6]

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

If you can invest in Bitcoin according to the DCA method, then you can definitely grow your portfolio by following this strategy for a long time. In this way, if you buy Bitcoin regularly according to the DCA method for the next few years, then you will definitely be successful. The DCA method is not just about buying Bitcoin, but also about keeping Bitcoin holding for a long time and achieving success.
If you can move forward towards the future by following the DCA method right now, then you will definitely be able to achieve success. Because the DCA method never puts you in trouble, rather the DCA method reduces the risk of your Bitcoin investment for a long time.

[samadam007]

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

What you said about DCA according to the ideal rule or pen and paper is correct. But we can adopt a slightly different approach such as keeping our purchase period the same and buying based on our financial situation. For example, in real life, many types of expenses may increase or the source of income may fluctuate, so it is better to continue buying based on our financial situation. This method is not included outside DCA, this method is included in DCA.

Outside DCA investment, it will go away when, you see the market price is low or you suddenly invest and do not invest for several days after that, the person who buys in this way is not a DCA method at all,

The discipline of keeping the amount consistent is what gives DCA that much power... it forces you to buy through both good and bad times without overthinking.
Adjusting the amount based on your current situation makes it a flexible approach, not pure DCA. Practicing the flexible approacg will make folks end up buying more when excited and less when scared, which defeats the real purpose of classic DCA strategy.

The best way to manage real life financial situations and keep a strong long term Bitcoin holding is by building emergency or back up funds first .... this will help protect your plan so you don't skip buys or reduce it when life happens. Then set your DCA amount strictly on your actual discretionary income( money left after essential living expenses) pick an amount you can afford consistently and automate it if possible.
It keeps your buying steady and remove emotion, helping your stack grow over time

[Sim_card]

The discipline of keeping the amount consistent is what gives DCA that much power... it forces you to buy through both good and bad times without overthinking. Adjusting the amount based on your current situation makes it a flexible approach, not pure DCA. Practicing the flexible approacg will make folks end up buying more when excited and less when scared, which defeats the real purpose of classic DCA strategy.

I disagree with you that not buying with a specific amount weekly isn't DCA and that it defeats the real purpose of DCA. You are not to force yourself to buy Bitcoin when you don't have a discretionary income at that week or buy higher than your discretionary income for that week because it's pure gambling and not classic DCA.

The reason why I said this is because those bitcoin that you bought with funds that isn't your discretionary income will be sold when your needs arises if possible at loss when the price is below your entry point. There are some weeks that your needs and expenses will be higher than usual, you will have little discretionary income left and you are to buy with that amount.

There are some months that your expenses and needs will be less, you will have a higher discretionary income, you are to also increase your DCA amount than the normal amount. That's how it should be done and not forcing yourself to buy with a specific amount when it's not your discretionary income.

You can even skip a week and continue DCAing throughout the rest weeks overtime. The most important thing is that your bitcoin accumulation is ongoing irrespective of the amount that you are using to DCA till you reach your bitcoin target.

[okorieemmanuel]

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

If you can invest in Bitcoin according to the DCA method, then you can definitely grow your portfolio by following this strategy for a long time. In this way, if you buy Bitcoin regularly according to the DCA method for the next few years, then you will definitely be successful. The DCA method is not just about buying Bitcoin, but also about keeping Bitcoin holding for a long time and achieving success.
If you can move forward towards the future by following the DCA method right now, then you will definitely be able to achieve success. Because the DCA method never puts you in trouble, rather the DCA method reduces the risk of your Bitcoin investment for a long time.

You are correct. However, you failed to note that DCA STRATEGY is only profitable on a bullish market. You must be sure that it is trending upwards before embarking on that journey of periodic investment. Bitcoin have been bearish this year. Anyway, if the new bullish trend prevails, then this strategy would definitely be remarkable as you mentioned.

[I_Anime]

You are correct. However, you failed to note that DCA STRATEGY is only profitable on a bullish market. You must be sure that it is trending upwards before embarking on that journey of periodic investment. Bitcoin have been bearish this year. Anyway, if the new bullish trend prevails, then this strategy would definitely be remarkable as you mentioned.

You have to work on this mentality, DCA strategy is fit for all market condition especially when you are holding the right coin (Bitcoin ) . Dca was made due to fact that we can’t actually time the market , so using Dca will give edges when come to accumulating, Because DCA method is actually purchasing a fixed amount of bitcoin at different price interval irrespective of market prices (it can either monthly or weekly buying ).

Using DCA during the bear market will actually help you to stack more and as the market prices drop you will continue to buy at a cheaper rate till eventually the market price surges which will then put you in some nice profits and stuff .

[okorieemmanuel]

You are correct. However, you failed to note that DCA STRATEGY is only profitable on a bullish market. You must be sure that it is trending upwards before embarking on that journey of periodic investment. Bitcoin have been bearish this year. Anyway, if the new bullish trend prevails, then this strategy would definitely be remarkable as you mentioned.

You have to work on this mentality, DCA strategy is fit for all market condition especially when you are holding the right coin (Bitcoin ) . Dca was made due to fact that we can’t actually time the market , so using Dca will give edges when come to accumulating, Because DCA method is actually purchasing a fixed amount of bitcoin at different price interval irrespective of market prices (it can either monthly or weekly buying ).

Using DCA during the bear market will actually help you to stack more and as the market prices drop you will continue to buy at a cheaper rate till eventually the market price surges which will then put you in some nice profits and stuff .

That's a bold assumption that market will go up. I am also an optimistic person and history of Bitcoin with other algorithms shows that the value would definitely increase with time. . . But what if it never goes up again as anticipated for a decade? Remember that technology is advancing with an exponential growth such that some new technology are fixed or delayed to be operational in the future. Recall that individuals can purchased a quantum computer , If the quantum computer runs Shor’s algorithm, it can deduce a private key from an exposed public key, allowing an attacker to steal the funds . This is a major concern for Bitcoin now. The market needs assurance that this threatening device would be "a needle in a haystack" . The last time Google published the quantum computer research report, Bitcoin price dropped significantly. I'm optimistic about bitcoin value increasing with time but don't rule out the this exception.

[Primark]

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

If you can invest in Bitcoin according to the DCA method, then you can definitely grow your portfolio by following this strategy for a long time. In this way, if you buy Bitcoin regularly according to the DCA method for the next few years, then you will definitely be successful. The DCA method is not just about buying Bitcoin, but also about keeping Bitcoin holding for a long time and achieving success.
If you can move forward towards the future by following the DCA method right now, then you will definitely be able to achieve success. Because the DCA method never puts you in trouble, rather the DCA method reduces the risk of your Bitcoin investment for a long time.

DCA allows all types of investors, whether they have regular income, irregular income, rich or poor, to invest small amounts by understanding their cash flow. Even by following the DCA strategy, regular purchases create an average. It also reduces the risk of putting all the money in at the wrong time. But you should not forget that DCA is not just a strategy, it is not magic. DCA reduces risk, reduces emotions, keeps you away from market timing, but if you have wrong cashflow, lack of emergency funds, excess allocation, penic sell, you may face problems even after doing DCA or your investment may be weak.

Therefore, insisting that DCA will definitely succeed can probably create wrong expectations. Also, although Bitcoin is a potential asset in the long run, the expectation that it will definitely succeed can almost mislead you. Therefore, I would say follow DCA and also pay attention to the above-mentioned points.

[samadam007]

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

If you can invest in Bitcoin according to the DCA method, then you can definitely grow your portfolio by following this strategy for a long time. In this way, if you buy Bitcoin regularly according to the DCA method for the next few years, then you will definitely be successful. The DCA method is not just about buying Bitcoin, but also about keeping Bitcoin holding for a long time and achieving success.
If you can move forward towards the future by following the DCA method right now, then you will definitely be able to achieve success. Because the DCA method never puts you in trouble, rather the DCA method reduces the risk of your Bitcoin investment for a long time.

You are correct. However, you failed to note that DCA STRATEGY is only profitable on a bullish market. You must be sure that it is trending upwards before embarking on that journey of periodic investment. Bitcoin have been bearish this year. Anyway, if the new bullish trend prevails, then this strategy would definitely be remarkable as you mentioned.

At this point, i think you need to educate yourself more by asking the right questions instead of confidently dropping misleading and false statements on here. You’re misunderstanding the purpose of DCA. The strategy isn't based on predicting whether the market is bullish or bearish. It is designed for people who don't want to time the market and prefer investing consistently over time. Of course long term profitability still depends on the asset performance, but saying DCA only works in a bullish market isn't entirely accurate. Its main advantage is reducing the risk of making investment decisions based on short term market movements

[As-Soon-As]

If you can invest in Bitcoin according to the DCA method, then you can definitely grow your portfolio by following this strategy for a long time. In this way, if you buy Bitcoin regularly according to the DCA method for the next few years, then you will definitely be successful. The DCA method is not just about buying Bitcoin, but also about keeping Bitcoin holding for a long time and achieving success.
If you can move forward towards the future by following the DCA method right now, then you will definitely be able to achieve success. Because the DCA method never puts you in trouble, rather the DCA method reduces the risk of your Bitcoin investment for a long time.

You are correct. However, you failed to note that DCA STRATEGY is only profitable on a bullish market. You must be sure that it is trending upwards before embarking on that journey of periodic investment. Bitcoin have been bearish this year. Anyway, if the new bullish trend prevails, then this strategy would definitely be remarkable as you mentioned.

At this point, i think you need to educate yourself more by asking the right questions instead of confidently dropping misleading and false statements on here. You’re misunderstanding the purpose of DCA. The strategy isn't based on predicting whether the market is bullish or bearish. It is designed for people who don't want to time the market and prefer investing consistently over time. Of course long term profitability still depends on the asset performance, but saying DCA only works in a bullish market isn't entirely accurate. Its main advantage is reducing the risk of making investment decisions based on short term market movements

By following the DCA method, you do not need to understand the market movements, you can invest in Bitcoin in any situation and at any time. This DCA method is an easy plan for every person investing in Bitcoin, so you can use this DCA method to put your money to good use. Because as time passes, you will be deprived of Bitcoin binary options, so there is no reason to be deprived of Bitcoin investment. If you start investing in Bitcoin by taking risks, you will definitely be able to profit.
According to the DCA method, it is very easy to keep it for a long time, and it becomes a good plan to keep Bitcoin investment for a long time.

[Marvelockg]

There is nothing wrong with any of the methods that is used for buying bitcoin. All the method has there advantages as well as there disadvantages. An investor can used any of the strategy that he deem fit to work for his financial situation. For someone that wants to start investing in bitcoin the DCA strategy maybe suitable for them to start with if they don't want to do lump sum. There are also those that have the money to lump sum but choose not to go all in at once which the DCA strategy is still the best for this.

I agree, while some people might read that we keep saying about DCA. They have to consider their financial situation before doing it but that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

I don't mean to pry into your affairs but I'll like to know which strategy you use? I apply all strategy including speculation, volume, DCA. Is it multiple combination like me? From my own assumptions, an investment strategy must be dynamic and not static to adapt to the prevailing society changes.

The investment strategy you choose to adopt as a beginner doesn't have to be too perfect or too complex. As a matter of fact, what you need is to get started first and afterwards, every other thing can follow which will tend towards ensuring that you're getting it right in your investment journey.

The simplest approach that works for the different class of investors is to buy through the DCA method. If you don't have so much, you can start with the DCA and if you can still afford so much, you can still start with the DCA method. the end goal should be that you're able to stack more bitcoin with the method you're using. There's no point trying to make use of all the available investment method.

[Soldroplet]

If you can invest in Bitcoin according to the DCA method, then you can definitely grow your portfolio by following this strategy for a long time. In this way, if you buy Bitcoin regularly according to the DCA method for the next few years, then you will definitely be successful. The DCA method is not just about buying Bitcoin, but also about keeping Bitcoin holding for a long time and achieving success.
If you can move forward towards the future by following the DCA method right now, then you will definitely be able to achieve success. Because the DCA method never puts you in trouble, rather the DCA method reduces the risk of your Bitcoin investment for a long time.

You are correct. However, you failed to note that DCA STRATEGY is only profitable on a bullish market. You must be sure that it is trending upwards before embarking on that journey of periodic investment. Bitcoin have been bearish this year. Anyway, if the new bullish trend prevails, then this strategy would definitely be remarkable as you mentioned.

At this point, i think you need to educate yourself more by asking the right questions instead of confidently dropping misleading and false statements on here. You’re misunderstanding the purpose of DCA. The strategy isn't based on predicting whether the market is bullish or bearish. It is designed for people who don't want to time the market and prefer investing consistently over time. Of course long term profitability still depends on the asset performance, but saying DCA only works in a bullish market isn't entirely accurate. Its main advantage is reducing the risk of making investment decisions based on short term market movements

By following the DCA method, you do not need to understand the market movements, you can invest in Bitcoin in any situation and at any time. This DCA method is an easy plan for every person investing in Bitcoin, so you can use this DCA method to put your money to good use. Because as time passes, you will be deprived of Bitcoin binary options, so there is no reason to be deprived of Bitcoin investment. If you start investing in Bitcoin by taking risks, you will definitely be able to profit.
According to the DCA method, it is very easy to keep it for a long time, and it becomes a good plan to keep Bitcoin investment for a long time.

I agree with your statement that DCA method is a simple and effective method of investing in Bitcoin. And the advantage of DCA method is that an investor can collect Bitcoin regularly without analyzing every ups and downs of the market. For example, if someone invests a certain amount of money every week or month, then over time his average purchase price will be balanced, and he does not have to worry too much about short-term market fluctuations. However, DCA does not mean that one should invest ignoring necessary expenses or emergency funds, rather the most suitable money for DCA is discretionary income. Money that is left after meeting necessary obligations and expenses and which can be invested for a long time.
In the long run, this practice makes the investor patient and helps him accumulate Bitcoin gradually over the long term. In my opinion, the goal should not be to make quick profits, but to collect a sufficient amount of Bitcoin regularly and hold it for a long time.

[PhilosopherKing]

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

DCa is ongoing and it can also be made adaptable to fit person income, so that even when person income isn't stable, he can still DCA where ever the discretionary income is there to use. Any person that only buy when the price is red is buying the dip and that is different strategy from DCa. And for person that is still building their bitcoin stash, I see no reason why that person should neglect their ongoing DCa just because they want to buy the dip. 

Buy the dip can delay person progress and so beginner should avoid it and just use DCa

[Proty]

that's the advantage of DCA, they can buy whenever they want at any price they see and with any amount they have. But some might think that they're forced to do it because that's what the community tells them to do. I hope those people who think like that will remember that we're on our own and we're free to accumulate however we want to. What matters is that when we accumulate or buy bitcoin, we don't bother anybody and we're not carrying a heavy load to our finances just to do it.

Let me quickly correct something: DCA isn’t just buying Bitcoin whenever you feel like or at any price. The real idea behind DCA is to invest the same amount on a regular schedule (consistently like every week or every month) regardless of whether the price is up or down.
When people call every Bitcoin accumulation “DCA” it gets confusing, especially to beginners. If you’re only buying when the price looks good or when you’re in the mood, then that’s not DCA strategy.

If you can invest in Bitcoin according to the DCA method, then you can definitely grow your portfolio by following this strategy for a long time. In this way, if you buy Bitcoin regularly according to the DCA method for the next few years, then you will definitely be successful. The DCA method is not just about buying Bitcoin, but also about keeping Bitcoin holding for a long time and achieving success.
If you can move forward towards the future by following the DCA method right now, then you will definitely be able to achieve success. Because the DCA method never puts you in trouble, rather the DCA method reduces the risk of your Bitcoin investment for a long time.

This your statement of buying bitcoin for a few year using DCA strategy and then being successful is wrong. The fact that you are buying bitcoin using the DCA strategy doesn't mean you are going to be successful within a year. Infact when you are buying bitcoin using DCA strategy with the plan of holding for a few year and begin to think of success or with the mindset that you are going to be successful, this trading and not investment. Using DCA strategy doesn't automatically mean that your investment is going to be successful.

[BRINIRHA]

You are correct. However, you failed to note that DCA STRATEGY is only profitable on a bullish market. You must be sure that it is trending upwards before embarking on that journey of periodic investment. Bitcoin have been bearish this year. Anyway, if the new bullish trend prevails, then this strategy would definitely be remarkable as you mentioned.

I don't think so because the DCA strategy is not designed to be profitable only in bullish markets because the DCA strategy is intended for us to minimize long-term risk, meaning that indirectly it is not only intended for bullish markets but can be done when the market is bearish.

Doing DCA indirectly from the intention is quite visible that the investor will target the long term as the goal so it does not matter whether it is bullish or bearish because when we do DCA the benchmark is not to the existing price but the time period or maybe even the amount of money to be invested.

[I_Anime]

You are correct. However, you failed to note that DCA STRATEGY is only profitable on a bullish market. You must be sure that it is trending upwards before embarking on that journey of periodic investment. Bitcoin have been bearish this year. Anyway, if the new bullish trend prevails, then this strategy would definitely be remarkable as you mentioned.

You have to work on this mentality, DCA strategy is fit for all market condition especially when you are holding the right coin (Bitcoin ) . Dca was made due to fact that we can’t actually time the market , so using Dca will give edges when come to accumulating, Because DCA method is actually purchasing a fixed amount of bitcoin at different price interval irrespective of market prices (it can either monthly or weekly buying ).

Using DCA during the bear market will actually help you to stack more and as the market prices drop you will continue to buy at a cheaper rate till eventually the market price surges which will then put you in some nice profits and stuff .

That's a bold assumption that market will go up. I am also an optimistic person and history of Bitcoin with other algorithms shows that the value would definitely increase with time. . . But what if it never goes up again as anticipated for a decade? Remember that technology is advancing with an exponential growth such that some new technology are fixed or delayed to be operational in the future. Recall that individuals can purchased a quantum computer , If the quantum computer runs Shor’s algorithm, it can deduce a private key from an exposed public key, allowing an attacker to steal the funds . This is a major concern for Bitcoin now. The market needs assurance that this threatening device would be "a needle in a haystack" . The last time Google published the quantum computer research report, Bitcoin price dropped significantly. I'm optimistic about bitcoin value increasing with time but don't rule out the this exception.

I see your point but still historically bitcoin has proven to be bullish in the past years , despite some major drop
Down sometime . You can’t compare bitcoin starting price to its recent (that’s already an obvious evidence that bitcoin has been bullish the past years ).  Though there’s no guarantee that the price will continue to go up , that’s the risk we are taken because there’s nothing like rich free investment, that’s why we are Bitcoin investors we should be ready for anything.