Three best ways to hold bitcoin combined.

[obuoma]

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.

You just want to confuse people with your rhetoric with this idea of financial situation. If I can figure out my discretionary income, why do I have to turn it into financial situation that is vague and sound more of an excuse than anything. When an investor receive inflow like salary, the moment he is able to remove the money for his basic needs, whatever is left is the discretionary income. After arriving at this point, it become easier for the investor to begin to allocate funds into investment, emergency funds and other protective funds. The process have to be easy and not  subjective and complicated.

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

You seems to be making serious mistakes in your reasoning because I don't see where anyone says that an investor can put all his discretionary income into Bitcoin. It is part of the discretionary income that should be invested into Bitcoin, some part will serve as emergency funds, while some part of it will serve as reserve funds and any other words coined to make the investment process seamless and hassle free.

[Proty]

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.

DCA strategy has nothing to do with analysing the market, therefore you are to think that market analysis makes DCA strategy to be effective. The moment you start analysing the market, you will start waiting for a desire price before you buy bitcoin,  at this point it is no longer DCA strategy but rather buying the dip strategy that you are making use of.
As longer a newbie is not planning to trade bitcoin, it is not a must for them to learn how to read chart or how to analyse the market and this won't affect them since they are investing in bitcoin for a long term.

[PhilosopherKing]

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.

Dude what are you trying to prove? We should not buy blindly huh, so you want person to start waiting for price to come down before buying, or what exactly do you mean? DmAbu you don't kow that bitcoin is volatile and when you DCa, you can't be expecting price of bitcoin to always be low price, because the price will still go up and you will have to accumulate at high price,unless you want to start waiting until the price comes down.

You can't outwit the market haven't you figured this out by now, so quit that ideology of your that thinks that there is a better entry in bitcoin investment.

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.

Wow is that what you think lump sum is huh? Lump sum does not need person to time the market, and it also does not have to be done with plenty funds. Do you know that person can use $20 to lump sum? Lump sum is similar with DCa, the only difference is how person deploys the money.

[Female King]

DCA strategy has nothing to do with analysing the market, therefore you are to think that market analysis makes DCA strategy to be effective. The moment you start analysing the market, you will start waiting for a desire price before you buy bitcoin,  at this point it is no longer DCA strategy but rather buying the dip strategy that you are making use of.
As longer a newbie is not planning to trade bitcoin, it is not a must for them to learn how to read chart or how to analyse the market and this won't affect them since they are investing in bitcoin for a long term.

You are correct, analysing the market is what traders do to know when they can buy and sell their bitcoin and this doesn't relate to using the dca strategy to accumulate bitcoin. Waiting for your desire price to come before you can buy bitcoin is a different buying strategy which is the buy the dip strategy and not dca, with the dca strategy you don't have to analyze the market or keeping an eye on it by monitoring it day and night to know when to buy or sell, with the dca strategy you are always in the market buying consistently without waiting for any price as you either buy every weeks or every months and hodl for long.

If you are buying and holding bitcoin for long the dip won't get you worried and you won't also panic over it by cheeking the market price rather you can buy more bitcoin from your reserve funds and still hold for long hoping that there will be an increase in price of bitcoin in the future.

[samadam007]

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.

You just want to confuse people with your rhetoric with this idea of financial situation. If I can figure out my discretionary income, why do I have to turn it into financial situation that is vague and sound more of an excuse than anything. When an investor receive inflow like salary, the moment he is able to remove the money for his basic needs, whatever is left is the discretionary income. After arriving at this point, it become easier for the investor to begin to allocate funds into investment, emergency funds and other protective funds. The process have to be easy and not  subjective and complicated.

I don’t think you read my post well to understand before rushing to type this.
You’re saying financial situation is vague, but your whole post from beginning to end is about a person financial situation. Discretionary income is gotten from looking at your income and expenses, then you decide how much remains should go toward investing, emergency savings, other goals and normal spending.

Two people can earn the same and still have different financial situations. One may have personal and family responsibilities with little savings, while the other smaller expenses and more savings. Obviously, they cannot afford to invest same amount. So if you agree that an investor should look at his income, basic expenses, emergency funds and available money before deciding how much to invest, then you already agree with me that their “financial situation matters”. You just don’t want to use the term

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

You seems to be making serious mistakes in your reasoning because I don't see where anyone says that an investor can put all his discretionary income into Bitcoin. It is part of the discretionary income that should be invested into Bitcoin, some part will serve as emergency funds, while some part of it will serve as reserve funds and any other words coined to make the investment process seamless and hassle free.

You can clearly see it’s in quote. Anything to score cheap points lol

[Tonimez]

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.

You just want to confuse people with your rhetoric with this idea of financial situation. If I can figure out my discretionary income, why do I have to turn it into financial situation that is vague and sound more of an excuse than anything. When an investor receive inflow like salary, the moment he is able to remove the money for his basic needs, whatever is left is the discretionary income. After arriving at this point, it become easier for the investor to begin to allocate funds into investment, emergency funds and other protective funds. The process have to be easy and not  subjective and complicated.

I don’t think you read my post well to understand before rushing to type this.
You’re saying financial situation is vague, but your whole post from beginning to end is about a person financial situation. Discretionary income is gotten from looking at your income and expenses, then you decide how much remains should go toward investing, emergency savings, other goals and normal spending.

Two people can earn the same and still have different financial situations. One may have personal and family responsibilities with little savings, while the other smaller expenses and more savings. Obviously, they cannot afford to invest same amount. So if you agree that an investor should look at his income, basic expenses, emergency funds and available money before deciding how much to invest, then you already agree with me that their “financial situation matters”. You just don’t want to use the term

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

You seems to be making serious mistakes in your reasoning because I don't see where anyone says that an investor can put all his discretionary income into Bitcoin. It is part of the discretionary income that should be invested into Bitcoin, some part will serve as emergency funds, while some part of it will serve as reserve funds and any other words coined to make the investment process seamless and hassle free.

You can clearly see it’s in quote. Anything to score cheap points lol

You and @Obuoma are basically saying the same thing but seems there's a misunderstanding here. Yeah, you're right about the fact that anyone who's is able to figure out his Discretionary income  have already taken care of his "financial situation". But by implications, I think financial situation does not only apply when a person has figured out his Discretionary income. A person's financial situation may not give any room to any discretionary income (when it's extremely poor). However, the better a person's financial situation, the better and the easier a person can figure out his Discretionary income and the larger the Discretionary income would be.

Financial situation is a product of financial management and financial discipline. A person with good financial discipline/management would have a better financial situation which would amount to a larger discretionary income.

Yeah, two people may be earning the same amount but their financial situation would be wide apart because of the level of financial discipline such person is applying to boost their discretionary income which is why two people earning the same amount may not be able to buy the same amount of bitcoin. This in summary means that the size of your Discretionary funds depend on your financial situation.

[Loyang]

You and @Obuoma are basically saying the same thing but seems there's a misunderstanding here. Yeah, you're right about the fact that anyone who's is able to figure out his Discretionary income  have already taken care of his "financial situation". But by implications, I think financial situation does not only apply when a person has figured out his Discretionary income. A person's financial situation may not give any room to any discretionary income (when it's extremely poor). However, the better a person's financial situation, the better and the easier a person can figure out his Discretionary income and the larger the Discretionary income would be.

Financial situation is a product of financial management and financial discipline. A person with good financial discipline/management would have a better financial situation which would amount to a larger discretionary income.

Yeah, two people may be earning the same amount but their financial situation would be wide apart because of the level of financial discipline such person is applying to boost their discretionary income which is why two people earning the same amount may not be able to buy the same amount of bitcoin. This in summary means that the size of your Discretionary funds depend on your financial situation.

Discretionary income does not only depend on financial situation but also on proper financial management, discipline etc. It is not that a person who earns a lot will be able to find a lot of discretionary income or even if he finds a lot of discretionary income source, he may not be able to maintain his holdings. When a person is able to find discretionary income through proper financial management and discipline, then a person gets sustainable discretionary income and even if he has a small source of income, he is able to find discretionary income.

There are many people whose income is very high but they cannot control themselves and manage their financial situation, they spend a lot compared to their income, so they do not find a lot of discretionary income source and even if they do get discretionary income, it is not sustainable. Apart from having a lot of income source, a person should be in the midst of proper financial management and discipline only then that person will be able to find a lot of discretionary income

[Sticky Bomb]

Financial situation is a product of financial management and financial discipline. A person with good financial discipline/management would have a better financial situation which would amount to a larger discretionary income.

Yeah, two people may be earning the same amount but their financial situation would be wide apart because of the level of financial discipline such person is applying to boost their discretionary income which is why two people earning the same amount may not be able to buy the same amount of bitcoin. This in summary means that the size of your Discretionary funds depend on your financial situation.

Financial situation involves more than this. A person's financial situation applies to the person's net worth which is the difference between what they own(assets) and what they owe (debts).

Financial situation can be improved of the person has a better income and lesser expenses that eats it up.

I agree that a good  financial management like good spending habits, budgeting, having good savings(emergency, reserved funds e.t.c) can help an investor to be in a good financial situation to maintain your investment healthily, and less financially disciplined persons are prone to wastage.

Buying amount can be flexible and don't really mean an investor has more money to buy,  there may be cases where an investor is in a better financial position, but chooses to be wimpy in his purchases while the latter who's less funded becomes more aggressive. The investor decision is the major role player here.

[ejikeme24]

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.

I don't quite agree with your statement, FYI the DCA strategy does not have anything to do with analysing the market. what you're saying here is more more like combination of two strategy which is the DCA, and buying the dip. Because when you talk about analyzing the market it's the same as timing the market to see when there's dip so you can buy. And anyone who wants to get to his investment target on time is advised not to make use of that strategy but to adopt the DCA strategy because with the DCA your investment target will be achieved quite on time than when you're waiting to buy the dip that you don't know when it will happen.

[B-BossMan]

You and @Obuoma are basically saying the same thing but seems there's a misunderstanding here. Yeah, you're right about the fact that anyone who's is able to figure out his Discretionary income  have already taken care of his "financial situation". But by implications, I think financial situation does not only apply when a person has figured out his Discretionary income. A person's financial situation may not give any room to any discretionary income (when it's extremely poor). However, the better a person's financial situation, the better and the easier a person can figure out his Discretionary income and the larger the Discretionary income would be.

Financial situation is a product of financial management and financial discipline. A person with good financial discipline/management would have a better financial situation which would amount to a larger discretionary income.

Yeah, two people may be earning the same amount but their financial situation would be wide apart because of the level of financial discipline such person is applying to boost their discretionary income which is why two people earning the same amount may not be able to buy the same amount of bitcoin. This in summary means that the size of your Discretionary funds depend on your financial situation.

Discretionary income does not only depend on financial situation but also on proper financial management, discipline etc. It is not that a person who earns a lot will be able to find a lot of discretionary income or even if he finds a lot of discretionary income source, he may not be able to maintain his holdings. When a person is able to find discretionary income through proper financial management and discipline, then a person gets sustainable discretionary income and even if he has a small source of income, he is able to find discretionary income.

There are many people whose income is very high but they cannot control themselves and manage their financial situation, they spend a lot compared to their income, so they do not find a lot of discretionary income source and even if they do get discretionary income, it is not sustainable. Apart from having a lot of income source, a person should be in the midst of proper financial management and discipline only then that person will be able to find a lot of discretionary income

In my own opinion, many people gives financial planning a different meaning that doesn't fit it, even if someone is earning a higher level income being in businesses or in public office, once there's no financial disciplines, things will still fall apart, especially if the person doesn't no know how to control his expense/bills or how to approach any unexpected bills that comes up. In facts some people are still seeing difficulties in terms of controlling thier money properly.

Also, lacking all these scenarios may not make someone to succeed in bitcoin investment journey, despite the bitcoin offers many opportunities unexpectedly,it price can drop at anytime due to it's volatility in nature, that's why it's never advisable for newbies to invest thier money they may be needed urgently for other bills. And if you decide to sell because of market drops, you may loss everything. The best thing to do is making sure they are financially stable than putting all the hopes on becoming wealthy through bitcoin investment.

[Bushdark]

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.

I don't quite agree with your statement, FYI the DCA strategy does not have anything to do with analysing the market. what you're saying here is more more like combination of two strategy which is the DCA, and buying the dip. Because when you talk about analyzing the market it's the same as timing the market to see when there's dip so you can buy. And anyone who wants to get to his investment target on time is advised not to make use of that strategy but to adopt the DCA strategy because with the DCA your investment target will be achieved quite on time than when you're waiting to buy the dip that you don't know when it will happen.

Those that have time to analyze the market are looking for opportunity to know when they are going to enter the market and take their time to buy Bitcoin to add to their portfolio. There is a big difference between those that are checking the market using their strategies to know when to buy or sell and those using the DCA to buy consistently instead of waiting for when the price of Bitcoin is going to dip before they start accumulating.

I prefer to use the DCA since it's a long term holding than checking the price of Bitcoin 24/7 to know where I can take opportunity in the market to buy and hold Bitcoin. Everyone should better understand what they are doing so they will not get stucked on the way.

[POPOLUV]

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.

I don't quite agree with your statement, FYI the DCA strategy does not have anything to do with analysing the market. what you're saying here is more more like combination of two strategy which is the DCA, and buying the dip. Because when you talk about analyzing the market it's the same as timing the market to see when there's dip so you can buy. And anyone who wants to get to his investment target on time is advised not to make use of that strategy but to adopt the DCA strategy because with the DCA your investment target will be achieved quite on time than when you're waiting to buy the dip that you don't know when it will happen.

Those that have time to analyze the market are looking for opportunity to know when they are going to enter the market and take their time to buy Bitcoin to add to their portfolio. There is a big difference between those that are checking the market using their strategies to know when to buy or sell and those using the DCA to buy consistently instead of waiting for when the price of Bitcoin is going to dip before they start accumulating.

I prefer to use the DCA since it's a long term holding than checking the price of Bitcoin 24/7 to know where I can take opportunity in the market to buy and hold Bitcoin. Everyone should better understand what they are doing so they will not get stucked on the way.

You have just hit the nail at hand through your explanation because if truly an investors that keeps buying Bitcoin consistently or that have the ambition of holding Bitcoin investments for a longer time, i don't think that such investors might be having the thought of analyzing the market first and to know when to take the advantage of the market opportunities and i believe that in life, people choose their life style to follow, so if I'm to relate such to Bitcoin, i will say that, no matter what people preach good about Bitcoin, there are groups of people that have chosen the opposite side of Bitcoin but for me not sweet pass when you buy Bitcoin consistently with your DCA strategy that might comes your ways on a regular basis.

[Hardyrobust]

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.

I don't quite agree with your statement, FYI the DCA strategy does not have anything to do with analysing the market. what you're saying here is more more like combination of two strategy which is the DCA, and buying the dip. Because when you talk about analyzing the market it's the same as timing the market to see when there's dip so you can buy. And anyone who wants to get to his investment target on time is advised not to make use of that strategy but to adopt the DCA strategy because with the DCA your investment target will be achieved quite on time than when you're waiting to buy the dip that you don't know when it will happen.

Those that have time to analyze the market are looking for opportunity to know when they are going to enter the market and take their time to buy Bitcoin to add to their portfolio. There is a big difference between those that are checking the market using their strategies to know when to buy or sell and those using the DCA to buy consistently instead of waiting for when the price of Bitcoin is going to dip before they start accumulating.

I prefer to use the DCA since it's a long term holding than checking the price of Bitcoin 24/7 to know where I can take opportunity in the market to buy and hold Bitcoin. Everyone should better understand what they are doing so they will not get stucked on the way.

You have just hit the nail at hand through your explanation because if truly an investors that keeps buying Bitcoin consistently or that have the ambition of holding Bitcoin investments for a longer time, i don't think that such investors might be having the thought of analyzing the market first and to know when to take the advantage of the market opportunities and i believe that in life, people choose their life style to follow, so if I'm to relate such to Bitcoin, i will say that, no matter what people preach good about Bitcoin, there are groups of people that have chosen the opposite side of Bitcoin but for me not sweet pass when you buy Bitcoin consistently with your DCA strategy that might comes your ways on a regular basis.

Someone that is planning to hold bitcoin for a long term doesn't need to analyse the market before they buy bitcoin. There main aim should be on continuous accumulation of bitcoin using an amount that they comfortably invest for years and that they will not be needing soon.
People shouldn't not just rely in others opinion about bitcoin while investing in bitcoin, it is important for them to make their own research as to understand what bitcoin investment entails. By so doing they won't follow blindly other people opinion about bitcoin investment.

[Crytohillss]

DCA strategy has nothing to do with analysing the market, therefore you are to think that market analysis makes DCA strategy to be effective. The moment you start analysing the market, you will start waiting for a desire price before you buy bitcoin,  at this point it is no longer DCA strategy but rather buying the dip strategy that you are making use of.
As longer a newbie is not planning to trade bitcoin, it is not a must for them to learn how to read chart or how to analyse the market and this won't affect them since they are investing in bitcoin for a long term.

You are correct, analysing the market is what traders do to know when they can buy and sell their bitcoin and this doesn't relate to using the dca strategy to accumulate bitcoin. Waiting for your desire price to come before you can buy bitcoin is a different buying strategy which is the buy the dip strategy and not dca, with the dca strategy you don't have to analyze the market or keeping an eye on it by monitoring it day and night to know when to buy or sell, with the dca strategy you are always in the market buying consistently without waiting for any price as you either buy every weeks or every months and hodl for long.

If you are buying and holding bitcoin for long the dip won't get you worried and you won't also panic over it by cheeking the market price rather you can buy more bitcoin from your reserve funds and still hold for long hoping that there will be an increase in price of bitcoin in the future.

Making more money doesn't mean one is financially stable if one don't have enough discipline with one's spending he shouldn't plan unexpected expenses even with the nice income can vanish without delay same thing here applies to Bitcoin investment it is an opportunity but the real volatility truly point one shouldn't invest money you needed in your daily life responsibility financial stability should be put first then before investing with what one can really afford to leave

[#CapsLOck]

The strategy is only part of the equation. I think, in this discussion, because there is other stuff. Even the most disciplined DCA plan can be risky if the percentage invested in bitcoins is too significant for a person's entire finances. If you have a regular income and have saved money in case of emergencies. You can afford to put a bigger amount into it than someone who has no such surety of income or who may need it in the near future. Instead of debating which is best between DCA or lump sum. I believe the more interesting question is. How much exposure can a person realistically have without being compelled to sell when a market is down.

[samadam007]

The strategy is only part of the equation. I think, in this discussion, because there is other stuff. Even the most disciplined DCA plan can be risky if the percentage invested in bitcoins is too significant for a person's entire finances. If you have a regular income and have saved money in case of emergencies. You can afford to put a bigger amount into it than someone who has no such surety of income or who may need it in the near future. Instead of debating which is best between DCA or lump sum. I believe the more interesting question is. How much exposure can a person realistically have without being compelled to sell when a market is down.

I believe an investor that is accumulating with DCA is working with his financial situation and already understands what sustainable investing means that’s why he choose it. So it’s not right to assume that the “disciplined” DCA investor is investing above his means.

I also don’t like when people compare DCA with lump sum because DCA is more practical and works for everyone, whether you earn big or small. Lump sum on the other hand requires a large amount of money available before you can use the strategy, and not everyone can practice that so it makes no sense using it to give advice. Reason why i don’t take folks practicing only lump sum serious.

[ChocolateBitcoinK]

DCA strategy has nothing to do with analysing the market, therefore you are to think that market analysis makes DCA strategy to be effective. The moment you start analysing the market, you will start waiting for a desire price before you buy bitcoin,  at this point it is no longer DCA strategy but rather buying the dip strategy that you are making use of.
As longer a newbie is not planning to trade bitcoin, it is not a must for them to learn how to read chart or how to analyse the market and this won't affect them since they are investing in bitcoin for a long term.

The purpose of DCA is to invest regularly according to a set plan without guessing the short-term fluctuations of the market. If someone looks at the chart every time and thinks that the price will drop a little more and then buy, then he is trying to time the market by moving away from the original DCA method. This is much more uncertain because it is not known in advance whether the desired price will come or not.
Chart analysis may be necessary to predict the price of the market next week, but as a long-term investor, you do not need that kind of trading analysis to understand the fundamentals of Bitcoin, volatility and your own financial risk. It is more important to understand your cash flow, discretionary income and investment time frame without putting a new investor under the pressure of learning charts like a trader.

[Baki202]

Someone that is planning to hold bitcoin for a long term doesn't need to analyse the market before they buy bitcoin. There main aim should be on continuous accumulation of bitcoin using an amount that they comfortably invest for years and that they will not be needing soon.
People shouldn't not just rely in others opinion about bitcoin while investing in bitcoin, it is important for them to make their own research as to understand what bitcoin investment entails. By so doing they won't follow blindly other people opinion about bitcoin investment.

I don't see why the market should be a concern for someone who wants to buy for a very long time. In my opinion, one of the things that should be focused on is what you can buy and how you can buy more because that is what Bitcoin holders do and what they know how to do best. This is why DCA is there, and it can make things very easy for people who want to hold for a very long time because you will continue to buy until you don't want to buy again and what you will be waiting for will be profit. And it's an investment that you have to plan for before you start.

You can listen, but depending too much on their advice is not a good idea. In this way, you will be able to know exactly what you are doing on your own and it won't be about listening to what people are telling you to do. Therefore, it will be better for you to just do what you think is best because there isn't any other option because what works for you might not work for others.

[cyberninja2]

I don't see why the market should be a concern for someone who wants to buy for a very long time. In my opinion, one of the things that should be focused on is what you can buy and how you can buy more because that is what Bitcoin holders do and what they know how to do best. This is why DCA is there, and it can make things very easy for people who want to hold for a very long time because you will continue to buy until you don't want to buy again and what you will be waiting for will be profit. And it's an investment that you have to plan for before you start.

I wonder why they do this, considering market conditions. Perhaps if they can accumulate a large amount today, they won't need to do the same thing again in the future.
And I think this is a pretty brilliant strategy for them in reading market conditions, and they do this because they're investing with a long-term pattern. So I think it's important for them to analyze market movements. Sometimes, when they check, it's better to accumulate now than later, because their goal is the same: investing in Bitcoin.

[knowngunman]

DCA strategy has nothing to do with analysing the market, therefore you are to think that market analysis makes DCA strategy to be effective. The moment you start analysing the market, you will start waiting for a desire price before you buy bitcoin,  at this point it is no longer DCA strategy but rather buying the dip strategy that you are making use of.
As longer a newbie is not planning to trade bitcoin, it is not a must for them to learn how to read chart or how to analyse the market and this won't affect them since they are investing in bitcoin for a long term.

Market analysis doesn't make DCA more effective either. Self discipline is what makes your DCA strategy more effective. As a newbie and long term holder, they don't actually have much business with learning the charts. In fact, it can disrupt their DCA strategy plan if they want to force learn the charts because charts can make you overthink sometimes. Unless you want to become a trader and holder at the same time, you should not be in haste to figure out how to read charts. Just be consistent with your purchase for as long as possible and make sure your wallet is well secured. Most importantly, invest only with your discretionary money.

Wow is that what you think lump sum is huh? Lump sum does not need person to time the market, and it also does not have to be done with plenty funds. Do you know that person can use $20 to lump sum? Lump sum is similar with DCa, the only difference is how person deploys the money.

This is true to some extent but it needs more clarity. Some people can misread your statement. Lump sum and DCA share the same principle but it largely differ when it comes to risk management.