Three best ways to hold bitcoin combined.

[samadam007]

Of course, in terms of investment, holding it for the long term and buying consistently is the most important thing. But there is also some difference between buying weekly or monthly. If a person continues to buy weekly, he can buy during small drops in the market and if a person buys monthly, he has to wait for that particular day and it is not possible to say whether the market will fall or not on that day.

A person who buys weekly can sometimes be able to buy more Bitcoin with $100 than a person who buys monthly. For example, you will get 4 buying opportunities, and 3 times you buy for $63,000 and suppose today the price of Bitcoin is $62,000 and today you buy Bitcoin for $25 and you will get 0.00023 Bitcoin and the person who buys monthly bought $63,000. The person who makes weekly purchases has made one purchase for less than you and has received a slightly higher amount of Bitcoin than you.

You’re focusing too much on catching dips. Weekly DCA is not better because it can catch small price drops. Nobody knows when these drops will happen. And hope you know that there will also be times when the monthly DCA buyer gets a better price?. You see!. Any example can be made to favour weekly or monthly plan by choosing different prices, that is why one scenario can’t prove that one method is better

The main thing is to choose the one that match your cash flow and stick to it. Your DCA method might make a small difference, but consistency is what matter in the end

[Olatundespo]

What determine portfolio growth is the amount they invest, how long they hold, and Bitcoin long term performance….not simply the number of times they buy in a month

Their consistency in investing also plays a vital role, all things being equal, I mean the person doing weekly DCA and the monthly DCA person Kris buying at their stipulated intervals, then we'll give the higher portfolio growth to the person investing higher amounts, but if not consistent and always relaxes for a while, then there are chances the more consistent person would accumulate more quantities on the long-run. Consistency is a major factor in a successful Bitcoin accumulation journey.

Yes, in addition to using DCA, consistency and allowing more time to analyze Bitcoin price movements are also factors that help investors identify the right moment to buy. After all, most beginners simply engage in FOMO without conducting such extensive analysis. This FOMO leads to losses due to a lack of proper calculations and/or strategies for determining the right time to buy and sell within a difficult-to-predict timeframe.

While consistency is important in accumulation Bitcoin in DCA method, some investors are lax. I have heard some of them say that even if they are not consistent, they are doing DCA according to the rules and they are determined to reach that point in the long term. I do not like the strategy they adopt at all because they often stop depositing Bitcoin during price increases or reduce the amount accumulate and regularly do DCA during the decline. They adopt a long term investment strategy. This strategy seemed logical to me in my early stages of Bitcoin, but now I think this method is a trading mindset because these investors become traders whenever they get the opportunity.

DCA method for accumulation Bitcoin is the best and most promising long term investment strategy. The beauty of this strategy is that you accumulate Bitcoin regularly regardless of the price. Whatever the amount of discretionary income if you regularly DCA even if the amount of funds is small there is a much higher chance of reaching the over accumulation level in a given cycle.

[Gost ms]

Yes, in addition to using DCA, consistency and allowing more time to analyze Bitcoin price movements are also factors that help investors identify the right moment to buy. After all, most beginners simply engage in FOMO without conducting such extensive analysis. This FOMO leads to losses due to a lack of proper calculations and/or strategies for determining the right time to buy and sell within a difficult-to-predict timeframe.

An investor never needs to analyze the market. If a person analyzes the market and focuses more on the price of Bitcoin, then he may not be able to hold his holding for a long time due to fear. Because when a person analyzes the market too much, he may become greedy and sometimes he may be afraid of seeing a fall. As soon as a person becomes greedy, he may be interested in withdrawing his profit or selling his investment. So always keep yourself away from analyzing the market and continue buying continuously.

Without looking at the price in the market, buying after a certain time is the best, one, decision.

[Hardyrobust]

Yes, in addition to using DCA, consistency and allowing more time to analyze Bitcoin price movements are also factors that help investors identify the right moment to buy. After all, most beginners simply engage in FOMO without conducting such extensive analysis. This FOMO leads to losses due to a lack of proper calculations and/or strategies for determining the right time to buy and sell within a difficult-to-predict timeframe.

An investor never needs to analyze the market. If a person analyzes the market and focuses more on the price of Bitcoin, then he may not be able to hold his holding for a long time due to fear. Because when a person analyzes the market too much, he may become greedy and sometimes he may be afraid of seeing a fall. As soon as a person becomes greedy, he may be interested in withdrawing his profit or selling his investment. So always keep yourself away from analyzing the market and continue buying continuously.

Without looking at the price in the market, buying after a certain time is the best, one, decision.

There is no need for long term investors to be analysing the market before buying bitcoin. It is mostly those that are into trading that will spend time trying to analyse the market before buying, so that they can buy at a perfect entry price. However, it is not possible for anyone to outsmart the market, for this I consider those that are trying to analyse the market to be wasting time and opportunity. Those that are going into bitcoin for long term are supposed to focus on consistent accumulation of bitcoin and not to waiting for a perfect entry price that may never happen.

[Shineup]

Yes, in addition to using DCA, consistency and allowing more time to analyze Bitcoin price movements are also factors that help investors identify the right moment to buy. After all, most beginners simply engage in FOMO without conducting such extensive analysis. This FOMO leads to losses due to a lack of proper calculations and/or strategies for determining the right time to buy and sell within a difficult-to-predict timeframe.

An investor never needs to analyze the market. If a person analyzes the market and focuses more on the price of Bitcoin, then he may not be able to hold his holding for a long time due to fear. Because when a person analyzes the market too much, he may become greedy and sometimes he may be afraid of seeing a fall. As soon as a person becomes greedy, he may be interested in withdrawing his profit or selling his investment. So always keep yourself away from analyzing the market and continue buying continuously.

Without looking at the price in the market, buying after a certain time is the best, one, decision.

There is no need for long term investors to be analysing the market before buying bitcoin. It is mostly those that are into trading that will spend time trying to analyse the market before buying, so that they can buy at a perfect entry price. However, it is not possible for anyone to outsmart the market, for this I consider those that are trying to analyse the market to be wasting time and opportunity. Those that are going into bitcoin for long term are supposed to focus on consistent accumulation of bitcoin and not to waiting for a perfect entry price that may never happen.

There is no perfect entering price, knowing this as an investor means knowing your peace of mind, the market fluctuations is not something anyone can think of outsmarting at anytime they are accumulating bitcoin, it is completely the job of traders to analyze the market before they make their purchases, what every long term investors considers is analyzing their finances and not the market to know if they have a discretionary income to buy Bitcoin and at any price of the market.

[Umulala-alala]

Yes, in addition to using DCA, consistency and allowing more time to analyze Bitcoin price movements are also factors that help investors identify the right moment to buy. After all, most beginners simply engage in FOMO without conducting such extensive analysis. This FOMO leads to losses due to a lack of proper calculations and/or strategies for determining the right time to buy and sell within a difficult-to-predict timeframe.

An investor never needs to analyze the market. If a person analyzes the market and focuses more on the price of Bitcoin, then he may not be able to hold his holding for a long time due to fear. Because when a person analyzes the market too much, he may become greedy and sometimes he may be afraid of seeing a fall. As soon as a person becomes greedy, he may be interested in withdrawing his profit or selling his investment. So always keep yourself away from analyzing the market and continue buying continuously.

Without looking at the price in the market, buying after a certain time is the best, one, decision.

There is no need for long term investors to be analysing the market before buying bitcoin. It is mostly those that are into trading that will spend time trying to analyse the market before buying, so that they can buy at a perfect entry price. However, it is not possible for anyone to outsmart the market, for this I consider those that are trying to analyse the market to be wasting time and opportunity. Those that are going into bitcoin for long term are supposed to focus on consistent accumulation of bitcoin and not to waiting for a perfect entry price that may never happen.

Long time investor only need to focus on buying bitcoin even when the price is low they wouldn't get worried because they are very still at  their accumulation stage, continually looking at the price might get one distracted. Any one who is also buying with the dca strategy doesn't have time looking at the price or waiting for a particular entry before making purchases which i believe it's done by traders those who are there for short time gain. We can't predict bitcoin or know what it will become in the future to know when the price will either drop or rise so it's good to buying when your discretionary income is ready.

[adultcrypto]

Long time investor only need to focus on buying bitcoin even when the price is low they wouldn't get worried because they are very still at  their accumulation stage, continually looking at the price might get one distracted. Any one who is also buying with the dca strategy doesn't have time looking at the price or waiting for a particular entry before making purchases which i believe it's done by traders those who are there for short time gain. We can't predict bitcoin or know what it will become in the future to know when the price will either drop or rise so it's good to buying when your discretionary income is ready.

Its just a shame that some people still dwell with the illusion of a perfect entry point for bitcoin even when we know that no one can accurately predict the market. I know what level of pain I passed through when I was thinking I could enter the market at the "bottom" so that I wouldn't experience drawdown of any form. Sometimes it made me never getting an entry as what seems like perfect entry gets easily violated due to volatility. There is always peace of mind when the investor adopts long term investment via strategies like the DCA method that does not care about the price. Hence, anyone who does not want to passed through the torture of spending long hours on the charts, the DCA method is very good.

[Soldroplet]

Long time investor only need to focus on buying bitcoin even when the price is low they wouldn't get worried because they are very still at  their accumulation stage, continually looking at the price might get one distracted. Any one who is also buying with the dca strategy doesn't have time looking at the price or waiting for a particular entry before making purchases which i believe it's done by traders those who are there for short time gain. We can't predict bitcoin or know what it will become in the future to know when the price will either drop or rise so it's good to buying when your discretionary income is ready.

Its just a shame that some people still dwell with the illusion of a perfect entry point for bitcoin even when we know that no one can accurately predict the market. I know what level of pain I passed through when I was thinking I could enter the market at the "bottom" so that I wouldn't experience drawdown of any form. Sometimes it made me never getting an entry as what seems like perfect entry gets easily violated due to volatility. There is always peace of mind when the investor adopts long term investment via strategies like the DCA method that does not care about the price. Hence, anyone who does not want to passed through the torture of spending long hours on the charts, the DCA method is very good.

I agree with your statement. I also think that one of the mistakes of Bitcoin is to look for the "perfect entry". There are many who wait to find the "perfect entry" and then they cannot start investing. However, from my point of view, if someone has a discretionary income, they can start investing in Bitcoin, even if it is a very small amount, and then gradually increase the amount of Bitcoin they buy. The real power of the DCA method is not to predict the future of the market, but to collect Bitcoin continuously according to cash flow and discretionary income, it is better to start with a small amount rather than looking for the perfect entry. Of two people with the same income, the one who regularly collects Bitcoin little by little through the DCA method can usually accumulate more Bitcoin. That is, here I mean, a person who waits for the perfect price often misses out on the opportunity to start, and a person who accumulates Bitcoin little by little usually accumulates more Bitcoin. So from my perspective, I can say that it is more important for a Bitcoin investor to create a realistic plan and follow it consistently than to wait for the perfect price.

[Uhwuchukwu53]

Yes, in addition to using DCA, consistency and allowing more time to analyze Bitcoin price movements are also factors that help investors identify the right moment to buy. After all, most beginners simply engage in FOMO without conducting such extensive analysis. This FOMO leads to losses due to a lack of proper calculations and/or strategies for determining the right time to buy and sell within a difficult-to-predict timeframe.

An investor never needs to analyze the market. If a person analyzes the market and focuses more on the price of Bitcoin, then he may not be able to hold his holding for a long time due to fear. Because when a person analyzes the market too much, he may become greedy and sometimes he may be afraid of seeing a fall. As soon as a person becomes greedy, he may be interested in withdrawing his profit or selling his investment. So always keep yourself away from analyzing the market and continue buying continuously.

Without looking at the price in the market, buying after a certain time is the best, one, decision.

I would not completely said that analyzing market is bad at some point I will concord that much analysis of the market create negative impact as stated by 'Gost ms' this negative implications is there in all sphere of investment the truth remain that everything must be done in moderation, you can't completely deprived your self in far checking certain factors in your investment to get better ideas on the market swayed is moving. The area I will completely agree of not analyzing the market as newbie who just started investing or buying who portfolio is very low, checking or carrying out analysis will be a heavy setback but long time investor who have gathered reasonable amount can still do some analysis to know how is balancing his investment, because despite the idea is to accumulate every investor has target and duration they have in mind before engagement or investing not having this analysis well details may even course such investor failure, as he may lack some idea when it's due time as the market is not straight forward movement it required better sense of details in all ramifications to survive or strive smoothly.

[samadam007]

I would not completely said that analyzing market is bad at some point I will concord that much analysis of the market create negative impact as stated by 'Gost ms' this negative implications is there in all sphere of investment the truth remain that everything must be done in moderation, you can't completely deprived your self in far checking certain factors in your investment to get better ideas on the market swayed is moving. The area I will completely agree of not analyzing the market as newbie who just started investing or buying who portfolio is very low, checking or carrying out analysis will be a heavy setback but long time investor who have gathered reasonable amount can still do some analysis to know how is balancing his investment, because despite the idea is to accumulate every investor has target and duration they have in mind before engagement or investing not having this analysis well details may even course such investor failure, as he may lack some idea when it's due time as the market is not straight forward movement it required better sense of details in all ramifications to survive or strive smoothly.

Are you saying someone that doesn’t analyze the market cannot successfully accumulate Bitcoin over time? Make it make sense.

The part about “long term investors balancing investment” is mixing two different things(portfolio management and market analysis). An investor can review is cash flow and investment progress from time to time without trying to analyze here the price will go next. It will shock you to know that someone can even do extensive market analysis and still make terrible decisions

For newbies especially, they don’t need to keep studying the market before they start. They can start small, learn along the way and focus on building discipline. What matter the more is having a plan you can sustain, using money you can afford and staying consistent

[Zackz5000]

For newbies especially, they don’t need to keep studying the market before they start. They can start small, learn along the way and focus on building discipline. What matter the more is having a plan you can sustain, using money you can afford and staying consistent

Any one who wants to invest in Bitcoin shouldn't be delaying their investment because they want to study the market, Bitcoin comes with volatility and you will get confused and may not even get started if you want to study or know more about the movement of Bitcoin, what that is needed to get started is having common sense and also your discretionary income. Knowing that Bitcoin is volatile is why you should use your discretionary income to start accumulating Bitcoin the DCA strategy has even make it to be more easier as you can either be accumulating weekly or monthly base on when your discretionary income is available and hodl for a long time.

[Cossyblack]

There is no need for long term investors to be analysing the market before buying bitcoin. It is mostly those that are into trading that will spend time trying to analyse the market before buying, so that they can buy at a perfect entry price. However, it is not possible for anyone to outsmart the market, for this I consider those that are trying to analyse the market to be wasting time and opportunity. Those that are going into bitcoin for long term are supposed to focus on consistent accumulation of bitcoin and not to waiting for a perfect entry price that may never happen.

The easiest way to identify a trader among real investors is if he is analysing the market to buy bitcoin.  Real investors don't pay attention to the markets to buy bitcoin instead it is traders that does that. Most traders have tried to outsmart the market before but failed so any trader who claimed he can predict the market accurately and he hasn't lost a dime when trading is lying. So what's the need of trying to outsmart the market when you know you can't which is why analysing the market is a total waste of time because you will still lose money no matter how long you spend. This is why long-term investment is the best because you don't need to time the market to buy bitcoin. You can buy by DCAING when you have discretionary income available. So folks who invest for the long-term have nothing to stress about the market.

[Soldroplet]

For newbies especially, they don’t need to keep studying the market before they start. They can start small, learn along the way and focus on building discipline. What matter the more is having a plan you can sustain, using money you can afford and staying consistent

Any one who wants to invest in Bitcoin shouldn't be delaying their investment because they want to study the market, Bitcoin comes with volatility and you will get confused and may not even get started if you want to study or know more about the movement of Bitcoin, what that is needed to get started is having common sense and also your discretionary income. Knowing that Bitcoin is volatile is why you should use your discretionary income to start accumulating Bitcoin the DCA strategy has even make it to be more easier as you can either be accumulating weekly or monthly base on when your discretionary income is available and hodl for a long time.

I agree with your main point, waiting for the perfect time to start investing can be a big mistake for beginners.
It is good to have a general idea about Bitcoin volatility, but it is not necessary to start by analyzing every price movement, but it is more important to understand your cash flow, necessary expenses and discretionary income.
Suppose, someone has $300 discretionary income every month after meeting necessary expenses. Then there is no rule that he has to invest the entire $300 in Bitcoin. He can keep a part of his discretionary income in Bitcoin based on his cashflow, backup funds and financial situation, and the rest can be kept for savings, backup funds or other needs. However, if his discretionary income increases in any month, then he can also increase the amount of Bitcoin he buys according to his situation. The main thing is to buy Bitcoin in an amount that he can safely hold for a long time and because of which he will not be forced to sell Bitcoin in the future.
And in one part of your statement you said, "what that is needed to get started is having common sense and also your discretionary income". I agree with you that it is important to have a general understanding of Bitcoin and some discretionary income to get started. However, you should also understand your cashflow and backup funds and start accumulating Bitcoin in an amount that is sustainable in the long term and does not pose a risk of being forced to sell Bitcoin in the future due to need.
So, the “study more first, then start” mentality can often unnecessarily delay the start. Rather, it is possible to start with a small amount and learn about Bitcoin, wallet, security, and your own cashflow management at the same time, and change the investment amount over time according to your situation. The ultimate goal should not be to find the perfect entry, but to create an accumulation system that is consistent with your discretionary income and cashflow and can be continued for a long time.

[Promocodeudo]

Its just a shame that some people still dwell with the illusion of a perfect entry point for bitcoin even when we know that no one can accurately predict the market. I know what level of pain I passed through when I was thinking I could enter the market at the "bottom" so that I wouldn't experience drawdown of any form. Sometimes it made me never getting an entry as what seems like perfect entry gets easily violated due to volatility. There is always peace of mind when the investor adopts long term investment via strategies like the DCA method that does not care about the price. Hence, anyone who does not want to passed through the torture of spending long hours on the charts, the DCA method is very good.

What do you expect, some people still think that they can outsmart the market, this has made you to understand that some investors are not ready to stick to the right Bitcoin investment approach, they still believe that, they need to wait until the right time, which might never come, some I feel that some people are not ready to learn.
I dont know if they aren't comfortable with the DCA method, why will I anyone want to wait when they can buy at all market opportunities, Bitcoin investors should be thankful to the DCA method of Bitcoin investment, and stop making things difficult for themselves.

[Somegory]

Yes, in addition to using DCA, consistency and allowing more time to analyze Bitcoin price movements are also factors that help investors identify the right moment to buy. After all, most beginners simply engage in FOMO without conducting such extensive analysis. This FOMO leads to losses due to a lack of proper calculations and/or strategies for determining the right time to buy and sell within a difficult-to-predict timeframe.

An investor never needs to analyze the market. If a person analyzes the market and focuses more on the price of Bitcoin, then he may not be able to hold his holding for a long time due to fear. Because when a person analyzes the market too much, he may become greedy and sometimes he may be afraid of seeing a fall. As soon as a person becomes greedy, he may be interested in withdrawing his profit or selling his investment. So always keep yourself away from analyzing the market and continue buying continuously.

Without looking at the price in the market, buying after a certain time is the best, one, decision.

There is no need for long term investors to be analysing the market before buying bitcoin. It is mostly those that are into trading that will spend time trying to analyse the market before buying, so that they can buy at a perfect entry price. However, it is not possible for anyone to outsmart the market, for this I consider those that are trying to analyse the market to be wasting time and opportunity. Those that are going into bitcoin for long term are supposed to focus on consistent accumulation of bitcoin and not to waiting for a perfect entry price that may never happen.

Analysing the market brings more effective DCA strategy, your result won't be the same as someone who is DCAing into Bitcoin from 126k top, it still makes no sense to do so because you have no clue what's happening.

Learning how the market and chart works is something a beginner must learn over time, it's going to be useful for them in the long run since they won't be stopping to DCA any time soon.

Someone who have been buying since 126k can't be compared to someone who started buying at 60k+, we sure know who is more smarter between the two, just because you plan to hold for long term doesn't mean you should be buying blindly.

[Kelward]

Its just a shame that some people still dwell with the illusion of a perfect entry point for bitcoin even when we know that no one can accurately predict the market. I know what level of pain I passed through when I was thinking I could enter the market at the "bottom" so that I wouldn't experience drawdown of any form. Sometimes it made me never getting an entry as what seems like perfect entry gets easily violated due to volatility. There is always peace of mind when the investor adopts long term investment via strategies like the DCA method that does not care about the price. Hence, anyone who does not want to passed through the torture of spending long hours on the charts, the DCA method is very good.

What do you expect, some people still think that they can outsmart the market, this has made you to understand that some investors are not ready to stick to the right Bitcoin investment approach, they still believe that, they need to wait until the right time, which might never come, some I feel that some people are not ready to learn.
I dont know if they aren't comfortable with the DCA method, why will I anyone want to wait when they can buy at all market opportunities, Bitcoin investors should be thankful to the DCA method of Bitcoin investment, and stop making things difficult for themselves.

We have very good reasons to put DCA strategy of accumulating Bitcoin ahead of the other known strategies, it is the most convenient, you don't have to waste time when you have discretionary funds to buy, as you get money to buy you just buy and move on till the next discretionary funds to buy. There is nothing wrong with lump sum and buying dip but they are not consistent strategies, they keep you waiting for either a perfect entry or until you get enough funds before buying. Also we can combine the strategies if we have surplus discretionary funds to accumulate otherwise it is more convenient to buy using DCA strategy where you don't have to monitor the market.

[Hardyrobust]

Its just a shame that some people still dwell with the illusion of a perfect entry point for bitcoin even when we know that no one can accurately predict the market. I know what level of pain I passed through when I was thinking I could enter the market at the "bottom" so that I wouldn't experience drawdown of any form. Sometimes it made me never getting an entry as what seems like perfect entry gets easily violated due to volatility. There is always peace of mind when the investor adopts long term investment via strategies like the DCA method that does not care about the price. Hence, anyone who does not want to passed through the torture of spending long hours on the charts, the DCA method is very good.

What do you expect, some people still think that they can outsmart the market, this has made you to understand that some investors are not ready to stick to the right Bitcoin investment approach, they still believe that, they need to wait until the right time, which might never come, some I feel that some people are not ready to learn.
I dont know if they aren't comfortable with the DCA method, why will I anyone want to wait when they can buy at all market opportunities, Bitcoin investors should be thankful to the DCA method of Bitcoin investment, and stop making things difficult for themselves.

We have very good reasons to put DCA strategy of accumulating Bitcoin ahead of the other known strategies, it is the most convenient, you don't have to waste time when you have discretionary funds to buy, as you get money to buy you just buy and move on till the next discretionary funds to buy. There is nothing wrong with lump sum and buying dip but they are not consistent strategies, they keep you waiting for either a perfect entry or until you get enough funds before buying. Also we can combine the strategies if we have surplus discretionary funds to accumulate otherwise it is more convenient to buy using DCA strategy where you don't have to monitor the market.

The DCA strategy is considered the best strategy among the other two strategies. However, using any of this strategy depends on the investor financial situation. Although, all the strategies do have there advantages as well as there disadvantages. So none of this strategies that isn't good, it depends on how it is been used by the investor. There are people that will use the DCA strategy and still fail to achieve there investment goals while others may use it and become successful. Buying the dip and lump sum buying isn't bad because there are people that it may go well with their financial situation and also depends on how an investor applies this strategies.
Morealso, using DCA strategy doesn't prevent an investor from buying a dip or even doing lump sum buying using there available cash.

[JayJuanGee]

Yes, in addition to using DCA, consistency and allowing more time to analyze Bitcoin price movements are also factors that help investors identify the right moment to buy. After all, most beginners simply engage in FOMO without conducting such extensive analysis. This FOMO leads to losses due to a lack of proper calculations and/or strategies for determining the right time to buy and sell within a difficult-to-predict timeframe.

An investor never needs to analyze the market. If a person analyzes the market and focuses more on the price of Bitcoin, then he may not be able to hold his holding for a long time due to fear. Because when a person analyzes the market too much, he may become greedy and sometimes he may be afraid of seeing a fall. As soon as a person becomes greedy, he may be interested in withdrawing his profit or selling his investment. So always keep yourself away from analyzing the market and continue buying continuously.

Without looking at the price in the market, buying after a certain time is the best, one, decision.

There is no need for long term investors to be analysing the market before buying bitcoin. It is mostly those that are into trading that will spend time trying to analyse the market before buying, so that they can buy at a perfect entry price. However, it is not possible for anyone to outsmart the market, for this I consider those that are trying to analyse the market to be wasting time and opportunity. Those that are going into bitcoin for long term are supposed to focus on consistent accumulation of bitcoin and not to waiting for a perfect entry price that may never happen.

Analysing the market brings more effective DCA strategy, your result won't be the same as someone who is DCAing into Bitcoin from 126k top, it still makes no sense to do so because you have no clue what's happening.

Learning how the market and chart works is something a beginner must learn over time, it's going to be useful for them in the long run since they won't be stopping to DCA any time soon.

Someone who have been buying since 126k can't be compared to someone who started buying at 60k+, we sure know who is more smarter between the two, just because you plan to hold for long term doesn't mean you should be buying blindly.

In the short term, you might perceive yourself as the smartest guy in the whole world based on when you started buying your bitcoin, yet the fact of the matter, even if the BTC price is up, down or sideways, there are not any ways to really know the direction of the BTC price.

At the same time, if we zoom out 2 cycles or longer rather than being focused on short-term proclamations of smartness, there have been a lot of guys fucking up because they were trying to time their buys and perhaps even their sells, since when they become obsessed with when to buy, they also are looking at price too much and they cannot resist selling when they would have had been better off to just stay focused on ongoing buying.  The fact of the matter is that so many guys would have had been way better off to just blindly staying focused on ongoing, persistent, consistent, regular and perhaps even aggressive buying rather than trying to time the market.

And perhaps you consider yourself to be smart, even though if we go by your forum registration date, you have only been here for right around 4.5 years (which would be only slightly more than one whole cycle if you had been persistently and consistently buying for that whole time), and so maybe for your own time, it might be a bit ambiguous whether you, personally, would have had done better by staying focused on ongoingly buying bitcoin, and surely even front loading your investment in 2022 and then supplementing with blind DCA would have had decently great potentials to have had put some decent bitcoin holdings into place and likely would have had been a reasonably good strategy for any long term investor rather than someone who is distracted by the ups and downs of the BTC price and trying to outsmart the market.

I glanced back at your post history and you have only like 5 posts in 2022 and then you don't  post again until late 2025, so it is hard to imagine that you have any fucking clue about what you are talking about in regards to bitcoin since you might not have had been even participating in bitcoin in the past 4.5-ish years, even though you could have had gotten started in early 2022, front loaded your bitcoin investment anywhere between March 2022 and October 2023 and been in quite great shape right now, even if you might have had been ongoingly buying bitcoin in the past 3-ish years.

Should I give an example of a hypothetical budget for a guy coming to bitcoin in early 2022?  Let's say that a guy came to bitcoin in early 2022, and maybe he was in his mid 30s and he earned around $30k per year, so he had been investing for 10 years in non-bitcoin areas, and investing around $100 per week (about 17% of his income), so over the past 10 years, his non-bitcoin investments added up to about $50k (which includes the amount he put in and the amount that it appreciated), and so when this hypothetical guy heard about bitcoin, he decided to divert his $100 per week into bitcoin, and also to take about 20% ($10k) from his already existing investment portfolio to put into bitcoin.

Yet perhaps this hypothetical guy was not sure about bitcoin, so he was going to spread his initial investment of the $10k over a year while also putting $100 per week into bitcoin.  Another possibility is that this hypothetical guy could have had continued to put $50 per week into his traditional investment and to put $50 per week into bitcoin, so you can look up in a BTC DCA calculator about how those various kinds of numbers would work out in order to compare someone who is blindly and persistently buying bitcoin as compared to your having had fucked around for the past 4.5-ish years, since it appears that you were not active on the forum until mid-to-late 2025 and then now you start to participate and proclaim to be some kind of a bitcoin genius who is proclaiming that waiting to buy bitcoin is better than ongoingly buying, when you seemed to have missed the first 3.5-ish years of knowing about bitcoin and not persistently and consistently buying bitcoin during those first 3.5-ish years.. unless you want to proclaim that you had been buying the whole time.. I doubt it since you seem to be convinced that waiting is a good idea, even though waiting does not seem to have served you very well, except that you want to act like you are smart for having had waited since mid 2025 until now, and supposedly now, all of a sudden, you know what the fuck is going on.. I have my doubts... unless you can make it through a whole cycle or two and still have some bitcoin to show for it.

O.k.  I will fill out some variation of history of ongoingly blind buying for the hypothetical guy I outlined above.

Between March 2022 and February 2023, the above described hypothetical guy decided to invest his $10k into bitcoin and also to invest the $100 per week that he would have had been investing into his other investment into bitcoin, which would have had been $15,600 if he had decided to invest $300 per week for that first year in bitcoin, and it would have resulted in about 0.7 BTC accumulated.  So then let's say thereafter, from March 2023 to present, the hypothetical guy would have had invested $100 per week into bitcoin, which would have had added up to $23k invested and about 0.55 BTC.

So up until now, such hypothetical guy would have had invested $38,600 into bitcoin and he would have accumulated 1.25 BTC, and sure he would not be rich, and sure he may well need to continue to buy bitcoin into the future (maybe at $100 per week for another cycle or more to the extent that he might be able to increase his budget or get a raise/promotion in his work), but such hypothetical guy seems to be on a good path in regards to building a reasonably strong bitcoin holdings, and not fucking around trying to time the market.  

Even with my earlier asserted theory that it takes time to build up bitcoin holdings, perhaps a couple of cycles to really start to see results in such ongoing investment, and right now, such hypothetical guy is barely past one whole cycle of buying bitcoin, even though he seems to be on a good path forward.  

How are you doing @Somegory as compared with the above (somewhat blindly investing) hypothetical guy that I outlined?

[adultcrypto]

The DCA strategy is considered the best strategy among the other two strategies. However, using any of this strategy depends on the investor financial situation. Although, all the strategies do have there advantages as well as there disadvantages. So none of this strategies that isn't good, it depends on how it is been used by the investor. There are people that will use the DCA strategy and still fail to achieve there investment goals while others may use it and become successful. Buying the dip and lump sum buying isn't bad because there are people that it may go well with their financial situation and also depends on how an investor applies this strategies.
Morealso, using DCA strategy doesn't prevent an investor from buying a dip or even doing lump sum buying using there available cash.

You may not be entirely correct when you say that the method an investor should use depend on their financial situation. As much as I know, methods like the DCA approach does not depend on the financial situation of the investor, instead is suitable for all income classes including those that does not have regular cash flow. All you need to start using the DCA method is just to figure out the discretionary income from where you start the investment. The DCA method does not take much to start, not complicated to understand and it leverage on the principle of compounding ro achieve the desired target.

[samadam007]

You may not be entirely correct when you say that the method an investor should use depend on their financial situation. As much as I know, methods like the DCA approach does not depend on the financial situation of the investor, instead is suitable for all income classes including those that does not have regular cash flow. All you need to start using the DCA method is just to figure out the discretionary income from where you start the investment. The DCA method does not take much to start, not complicated to understand and it leverage on the principle of compounding ro achieve the desired target.

Your argument makes no sense, and someone that don’t know what financial situation means shouldn’t be giving investment advice. You’re basically saying investor situation does not matter, at the same time telling them to figure out their discretionary income before investing. Think about it??
How do you think a person figures out discretionary income? The moment you say someone should first identify their discretionary income, you’ve already brought their “financial situation” into the discussion. Discretionary income is determined by a person income, expenses and financial obligation. Two people can can both DCA, but their available amount, frequency and ability to sustain that accumulation can be completely different.

The issue is sustainability. It’s not enough to say “I have discretionary income, so I should put it all ito Bitcoin”. Part of the money may also need to cover your savings, emergencies and other important needs. If someone puts too much into Bitcoin and later need that money, he may be forced to sell