Buy Buy Buy or Sell Sell Sell?

[SuperBitMan]

Any investment you are into is very good you know about it very well however you can start accumulating Bitcoin even without knowing everything about Bitcoin but as time goes on you need to know something about it, it will help you grow more.

Yes, I believe that your investment will increase over time, but it is certain that you will have to adopt some strategies that are Bitcoin investment friendly. For example, there is the DCA strategy, which plays a role in one of the most suitable strategies at this time. Because a new investor and an old investor can deposit their Bitcoin using the DCA strategy, in both cases, there is a saving in both cases.
If you buy Bitcoin, there will be a saving on the purchase price, if you buy Bitcoin every week, there will be a change in the Bitcoin price. Whether the Bitcoin market is up or down, there will be no problem, there will be a saving on the purchase price, this is a real proven investment.

The DCA method is indeed a very good way of investing in bitcoin that is highly recommended for everyone irrespective of the income class. It is easy to follow and does not require so many technicalities even as it gives us the freedom to start with whatever we have and grow with time. The DCA method eliminates so many problems people face when investing in bitcoin like knowing when to buy, missing the opportunity of entry and the fear that comes with high volatility. DCA is synonymous to peace of mind when it comes to investing in bitcoin because it offers the investors peace and calmness and makes the investing process automatic. It may appear slow to some people but in reality, it is not actually slow because if you are doing a weekly or monthly DCA, before the first year of consistent investing, you would be happy with how much bitcoin you would have gotten even without feeling any pressures. These are many more are reason I have chosen the DCA method of investing in bitcoin.

No doubt DCA method is absolutely the best as it stance now in bitcoin investment. The slow growth of our investment using the DCA method depends on the following;
1. investing or accumulating with small money weekly or monthly, if one is the kind of investor that always invest with a very small amount of money while DCAing definitely your holding will not be big, one can not plant a seed of corn and expect it to grow like you planted two..., but the amazing thing is that there is going to be a return if one hold for long.
2. investing or accumulating with good amount of money; let assume one is investing $2000 or more depending on his or her cashflow every month, if you multiply this by 12 months that is a year you will see this person will be having $24,000 in bitcoin, so you can imagine what this investment will look like in 3-4 years if this investor is consistent and of course is going to be great and interesting but the most important thing is accumulating and holding, if one has a long term mindset the amount one is investing does not really matter so long as you are comfortable and it is convenient, i mean everyone has their own capacity. so whether it seems slow or fast keep on holding.

Yeah you are right some people feels DCA strategy are for people who really don't have a large source of income but that's not true those with a large source of income and those with small source of income can use the DCA strategy, if you have a large source of income that means you may decide to use a high amount of money to accumulate Bitcoin weekly or monthly but those with small source of income may decide to use use a small amount of money to accumulate weekly or monthly when it comes to DCA strategy it all depends on your financial strength, the reason for DCA strategy is to remove pressure from you, it is only when you receive your weekly, monthly or yearly income you will invest however you can still choose to do more if your financial strength can carry it.

[Huliya]

I have seen as a newbie that beginners to Bitcoin investing mainly experience more volatility. They tend to buy Bitcoin for a short period of time regardless of the market movements which causes them psychological errors and fear of losing the money they invested. I think if we adopt the DCA approach to investing in Bitcoin, it plays an effective role in investing for the long term rather than focusing on market volatility and short-termism. The Bitcoin investment cycle is 4 years, so we should patiently conduct the investment process for at least 1 to 2 cycles. I think the DCA approach is definitely an effective process for investing in Bitcoin that helps both newbies and senior investors to create a bright start in implementing the long-term process.

A useful strategy for investing in Bitcoin is dollar-cost averaging (DCA), where you buy and save small amounts of Bitcoin at regular intervals (such as every week or month). This provides protection against fluctuations in the price of Bitcoin. This is because you can buy at higher or lower prices to reduce the average price. The DCA method is equally beneficial for both new and experienced investors, as it makes the investment process simple and stress-free and helps with long-term investing. It eliminates market volatility and provides peace of mind for investing. If you invest consistently over time, you will be surprised at how much Bitcoin you accumulate.

[As-Soon-As]

I have seen as a newbie that beginners to Bitcoin investing mainly experience more volatility. They tend to buy Bitcoin for a short period of time regardless of the market movements which causes them psychological errors and fear of losing the money they invested. I think if we adopt the DCA approach to investing in Bitcoin, it plays an effective role in investing for the long term rather than focusing on market volatility and short-termism. The Bitcoin investment cycle is 4 years, so we should patiently conduct the investment process for at least 1 to 2 cycles. I think the DCA approach is definitely an effective process for investing in Bitcoin that helps both newbies and senior investors to create a bright start in implementing the long-term process.

A useful strategy for investing in Bitcoin is dollar-cost averaging (DCA), where you buy and save small amounts of Bitcoin at regular intervals (such as every week or month). This provides protection against fluctuations in the price of Bitcoin. This is because you can buy at higher or lower prices to reduce the average price. The DCA method is equally beneficial for both new and experienced investors, as it makes the investment process simple and stress-free and helps with long-term investing. It eliminates market volatility and provides peace of mind for investing. If you invest consistently over time, you will be surprised at how much Bitcoin you accumulate.

In Bitcoin investment, more importance is given to the DCA method, if you can provide yourself strategically in such a situation, then of course it plays the most role in Bitcoin investment.
 The DCA method creates confidence in investing more, whenever you start depositing for investment, you will immediately have the will to deposit more Bitcoin, this is another quality of the DCA method. However, more patience and the ability to take risks should be given the highest priority to prepare yourself. In this way, you can prepare yourself for a long time in depositing Bitcoin, because the right mindset is the most suitable.

[Justbillywitt]

I have seen as a newbie that beginners to Bitcoin investing mainly experience more volatility. They tend to buy Bitcoin for a short period of time regardless of the market movements which causes them psychological errors and fear of losing the money they invested. I think if we adopt the DCA approach to investing in Bitcoin, it plays an effective role in investing for the long term rather than focusing on market volatility and short-termism. The Bitcoin investment cycle is 4 years, so we should patiently conduct the investment process for at least 1 to 2 cycles. I think the DCA approach is definitely an effective process for investing in Bitcoin that helps both newbies and senior investors to create a bright start in implementing the long-term process.

A useful strategy for investing in Bitcoin is dollar-cost averaging (DCA), where you buy and save small amounts of Bitcoin at regular intervals (such as every week or month). This provides protection against fluctuations in the price of Bitcoin. This is because you can buy at higher or lower prices to reduce the average price. The DCA method is equally beneficial for both new and experienced investors, as it makes the investment process simple and stress-free and helps with long-term investing. It eliminates market volatility and provides peace of mind for investing. If you invest consistently over time, you will be surprised at how much Bitcoin you accumulate.

Even though you might be right about the DCA strategy of bitcoin investment to a certain extent, I just want to point out where I think you are going wrong, and that is where you said that the DCA strategy eliminates volatility. The DCA strategy does not eliminate the volatility in bitcoin investment. It only mitigate the impact of volatility in the capital invested. Especially when there is a downtrend movement, that tends to last longer.

I have seen as a newbie that beginners to Bitcoin investing mainly experience more volatility.

The volatility in the bitcoin market affects everyone equally, it doesn't discriminate between newbies and pros. So you saying that beginners to bitcoin investment experience more volatility is wrong. Volatility has to do with the up and down price movement of the bitcoin market. Newbies and pros, feels the same level of impact of the market volatility in their investments.

[Pi-network314159]

I have seen as a newbie that beginners to Bitcoin investing mainly experience more volatility. They tend to buy Bitcoin for a short period of time regardless of the market movements which causes them psychological errors and fear of losing the money they invested. I think if we adopt the DCA approach to investing in Bitcoin, it plays an effective role in investing for the long term rather than focusing on market volatility and short-termism. The Bitcoin investment cycle is 4 years, so we should patiently conduct the investment process for at least 1 to 2 cycles. I think the DCA approach is definitely an effective process for investing in Bitcoin that helps both newbies and senior investors to create a bright start in implementing the long-term process.

A useful strategy for investing in Bitcoin is dollar-cost averaging (DCA), where you buy and save small amounts of Bitcoin at regular intervals (such as every week or month). This provides protection against fluctuations in the price of Bitcoin. This is because you can buy at higher or lower prices to reduce the average price. The DCA method is equally beneficial for both new and experienced investors, as it makes the investment process simple and stress-free and helps with long-term investing. It eliminates market volatility and provides peace of mind for investing. If you invest consistently over time, you will be surprised at how much Bitcoin you accumulate.

Even though you might be right about the DCA strategy of bitcoin investment to a certain extent, I just want to point out where I think you are going wrong, and that is where you said that the DCA strategy eliminates volatility. The DCA strategy does not eliminate the volatility in bitcoin investment. It only mitigate the impact of volatility in the capital invested. Especially when there is a downtrend movement, that tends to last longer.

I think that the dude may be wanting to say something else that will be meaningful but didn't know that adding the word "eliminating volatility" is just a way of moving out of the track of the point that was well organised. But anyway in regards to what you are saying @justbilwith, I agree with you that DCA mitigate the impact of volatility , since bitcoin is not a stable coin like USDT and that is the more reason we invest in bitcoin, but the aspect you said "expecially when there is downtrend movement" is where it make it look thus like buying the dip. Yes buying the dip is one of the strategy to buy bitcoin, but DCA make it easy for us to buy in different intervals without considering if the market is dip or not. It can be bought weekly or monthly and not being focused on downtrend movement.

[Sim_card]

I have seen as a newbie that beginners to Bitcoin investing mainly experience more volatility. They tend to buy Bitcoin for a short period of time regardless of the market movements which causes them psychological errors and fear of losing the money they invested. I think if we adopt the DCA approach to investing in Bitcoin, it plays an effective role in investing for the long term rather than focusing on market volatility and short-termism. The Bitcoin investment cycle is 4 years, so we should patiently conduct the investment process for at least 1 to 2 cycles. I think the DCA approach is definitely an effective process for investing in Bitcoin that helps both newbies and senior investors to create a bright start in implementing the long-term process.

A useful strategy for investing in Bitcoin is dollar-cost averaging (DCA), where you buy and save small amounts of Bitcoin at regular intervals (such as every week or month). This provides protection against fluctuations in the price of Bitcoin. This is because you can buy at higher or lower prices to reduce the average price. The DCA method is equally beneficial for both new and experienced investors, as it makes the investment process simple and stress-free and helps with long-term investing. It eliminates market volatility and provides peace of mind for investing. If you invest consistently over time, you will be surprised at how much Bitcoin you accumulate.

Even though you might be right about the DCA strategy of bitcoin investment to a certain extent, I just want to point out where I think you are going wrong, and that is where you said that the DCA strategy eliminates volatility. The DCA strategy does not eliminate the volatility in bitcoin investment. It only mitigate the impact of volatility in the capital invested. Especially when there is a downtrend movement, that tends to last longer.

I think that the dude may be wanting to say something else that will be meaningful but didn't know that adding the word "eliminating volatility" is just a way of moving out of the track of the point that was well organised. But anyway in regards to what you are saying @justbilwith, I agree with you that DCA mitigate the impact of volatility , since bitcoin is not a stable coin like USDT and that is the more reason we invest in bitcoin, but the aspect you said "expecially when there is downtrend movement" is where it make it look thus like buying the dip. Yes buying the dip is one of the strategy to buy bitcoin, but DCA make it easy for us to buy in different intervals without considering if the market is dip or not. It can be bought weekly or monthly and not being focused on downtrend movement.

DCA also gives the investor a  long-term committed investment mindset and disciplines the investor on carrying out such buying practices every week overtime to the point that he will be used to it and will always have it in thr back of his mind that he needs to continue buying by managing his cash inflow properly and aviod reckless spending.

However, DCA helps you to acquire more bitcoin overtime because you are buying bitcoin every week at different price intervals consistent and persistent for long period of time. Before you know it your gradual constant little buying with yield up into something bigger than your imagination.

[arwin100]

DCA also gives the investor a  long-term committed investment mindset and disciplines the investor on carrying out such buying practices every week overtime to the point that he will be used to it and will always have it in thr back of his mind that he needs to continue buying by managing his cash inflow properly and aviod reckless spending.

Imagine this strategy doesn't been introduced on Bitcoin for sure many people would continue to insert their effort to do trades. Only few people would easily understand that there's a  good way for them to execute long term hodl without getting to much stress especially that market is volatile and for sure this give a lot of stress for those people who's unsure about what they are doing.

DCA method gives them a sort of assurance that they are fine whatever incident happen to the market if they are consistently accumulating whatever prices show up since there's always huge chance for them to recover and earn in future. That's why I always suggest this method to used by my friends if they ask me what good thing to do with their bitcoin. I don't teach them to do trades since we know how risky it is since there's huge chance for them or anyone to lose their money.

[Tamaperdana]

DCA also gives the investor a  long-term committed investment mindset and disciplines the investor on carrying out such buying practices every week overtime to the point that he will be used to it and will always have it in thr back of his mind that he needs to continue buying by managing his cash inflow properly and aviod reckless spending.

Imagine this strategy doesn't been introduced on Bitcoin for sure many people would continue to insert their effort to do trades. Only few people would easily understand that there's a  good way for them to execute long term hodl without getting to much stress especially that market is volatile and for sure this give a lot of stress for those people who's unsure about what they are doing.

DCA method gives them a sort of assurance that they are fine whatever incident happen to the market if they are consistently accumulating whatever prices show up since there's always huge chance for them to recover and earn in future. That's why I always suggest this method to used by my friends if they ask me what good thing to do with their bitcoin. I don't teach them to do trades since we know how risky it is since there's huge chance for them or anyone to lose their money.

The DCA technique is very suitable to be applied to bitcoin. Even before it was used on Bitcoin, this DCA technique had long been used for other investments, such as shares. So this technique has been used by most investors in the world, including bitcoin investors. Therefore, when investing using the DCA technique in bitcoin, it can definitely provide maximum results. Apart from that, investing in bitcoin using the DCA technique also has many advantages as well

Can manage emotions better. Because it cannot be denied, when investing in Bitcoin and not using the DCA technique, we will most likely be confused by price movements that occur in the market. But by using the DCA technique, we don't need to worry about seeing bitcoin price movements, because the most important thing is that we routinely accumulate our money in bitcoin.

But there are a few things you need to pay attention to when doing DCA on bitcoin for investors who often accumulate money with small amounts, such as 10 dollars per week. Maybe it would be better if you don't withdraw the bitcoin you bought on the exchange with that money (10 dollars) directly to your wallet, because this will be slightly consumed by shipping costs. So I think it would be better if, for example, you withdraw bitcoins to your wallet once every two months. Because if for example every 10 dollars (per week) that has been purchased in Bitcoin is immediately withdrawn to the wallet and for example with a sending fee of 0.5 dollars. If you multiply it by 8 deliveries (8 weeks), that's 4 dollars. But if, for example, we withdraw bitcoins to our wallet every 2 months, we only need to pay one transaction fee for sending, namely 0.5 dollars.

[Mayor of ogba]

Any investment you are into is very good you know about it very well however you can start accumulating Bitcoin even without knowing everything about Bitcoin but as time goes on you need to know something about it, it will help you grow more.

Yes, I believe that your investment will increase over time, but it is certain that you will have to adopt some strategies that are Bitcoin investment friendly. For example, there is the DCA strategy, which plays a role in one of the most suitable strategies at this time. Because a new investor and an old investor can deposit their Bitcoin using the DCA strategy, in both cases, there is a saving in both cases.
If you buy Bitcoin, there will be a saving on the purchase price, if you buy Bitcoin every week, there will be a change in the Bitcoin price. Whether the Bitcoin market is up or down, there will be no problem, there will be a saving on the purchase price, this is a real proven investment.

The DCA method is indeed a very good way of investing in bitcoin that is highly recommended for everyone irrespective of the income class. It is easy to follow and does not require so many technicalities even as it gives us the freedom to start with whatever we have and grow with time. The DCA method eliminates so many problems people face when investing in bitcoin like knowing when to buy, missing the opportunity of entry and the fear that comes with high volatility. DCA is synonymous to peace of mind when it comes to investing in bitcoin because it offers the investors peace and calmness and makes the investing process automatic. It may appear slow to some people but in reality, it is not actually slow because if you are doing a weekly or monthly DCA, before the first year of consistent investing, you would be happy with how much bitcoin you would have gotten even without feeling any pressures. These are many more are reason I have chosen the DCA method of investing in bitcoin.

For many times DCA has been recommended for sure this good indicator for new people that this strategy is the best option to use compare if they try the other thing what they see especially doing trades for their bitcoin.

Some may get afraid for continuously buying even if the market is currently at the top, but if they would understand the point of this strategy for sure they could adopt and continue to use it until they reach their targets. What people need when they use this strategy is sustainable funding's and consistency to accumulate whatever price showing up to them.

If they start to use this method and ready to engage with bitcoin for long term for sure they would enjoy the whole process especially if they meet good discussions about long term bitcoin investment.

I have seen as a newbie that beginners to Bitcoin investing mainly experience more volatility. They tend to buy Bitcoin for a short period of time regardless of the market movements which causes them psychological errors and fear of losing the money they invested. I think if we adopt the DCA approach to investing in Bitcoin, it plays an effective role in investing for the long term rather than focusing on market volatility and short-termism. The Bitcoin investment cycle is 4 years, so we should patiently conduct the investment process for at least 1 to 2 cycles. I think the DCA approach is definitely an effective process for investing in Bitcoin that helps both newbies and senior investors to create a bright start in implementing the long-term process.

For someone who is just starting his bitcoin investment, the DCA strategy is the best strategy the person should adopt in accumulating bitcoin because it plays a great role and helps new and old investors to accumulate bitcoin consistently without being worried about the volatile part of bitcoin. The DCA strategy eliminates market timing for old and new investors who are using it to accumulate bitcoin, and it also allows them to consistently accumulate bitcoin even when bitcoin is increasing or decreasing, which gives them the advantage to be more active in accumulating bitcoin than those investors waiting for a dip or timing the market, which they are not even certain will happen today or tomorrow. And one of the important aspects of using the DCA strategy to accumulate bitcoin is that it controls investors emotions because even when they accumulate bitcoin at a high, and the price drops, they will not be worried because they know that the DCA strategy has them covered and they can still accumulate bitcoin at that time.

[Ricardo11]

For someone who is just starting his bitcoin investment, the DCA strategy is the best strategy the person should adopt in accumulating bitcoin because it plays a great role and helps new and old investors to accumulate bitcoin consistently without being worried about the volatile part of bitcoin. The DCA strategy eliminates market timing for old and new investors who are using it to accumulate bitcoin, and it also allows them to consistently accumulate bitcoin even when bitcoin is increasing or decreasing, which gives them the advantage to be more active in accumulating bitcoin than those investors waiting for a dip or timing the market, which they are not even certain will happen today or tomorrow. And one of the important aspects of using the DCA strategy to accumulate bitcoin is that it controls investors emotions because even when they accumulate bitcoin at a high, and the price drops, they will not be worried because they know that the DCA strategy has them covered and they can still accumulate bitcoin at that time.

Yes, DCA is always an effective strategy, especially for new investors, because investors can get very nervous at first, but using DCA allows you to accumulate Bitcoin gradually instead of worrying about the volatile Bitcoin market.
All investors should develop the habit of accumulating Bitcoin consistently, and DCA is the most effective for this. You should have the perspective of maintaining regular investments without panicking when the market dumps.
Bitcoin is going to be much more valuable in the future, so maintaining DCA consistently can achieve life-changing success in the future.

[bitzizzix]

I have seen as a newbie that beginners to Bitcoin investing mainly experience more volatility. They tend to buy Bitcoin for a short period of time regardless of the market movements which causes them psychological errors and fear of losing the money they invested. I think if we adopt the DCA approach to investing in Bitcoin, it plays an effective role in investing for the long term rather than focusing on market volatility and short-termism. The Bitcoin investment cycle is 4 years, so we should patiently conduct the investment process for at least 1 to 2 cycles. I think the DCA approach is definitely an effective process for investing in Bitcoin that helps both newbies and senior investors to create a bright start in implementing the long-term process.

A useful strategy for investing in Bitcoin is dollar-cost averaging (DCA), where you buy and save small amounts of Bitcoin at regular intervals (such as every week or month). This provides protection against fluctuations in the price of Bitcoin. This is because you can buy at higher or lower prices to reduce the average price. The DCA method is equally beneficial for both new and experienced investors, as it makes the investment process simple and stress-free and helps with long-term investing. It eliminates market volatility and provides peace of mind for investing. If you invest consistently over time, you will be surprised at how much Bitcoin you accumulate.

In Bitcoin investment, more importance is given to the DCA method, if you can provide yourself strategically in such a situation, then of course it plays the most role in Bitcoin investment.
 The DCA method creates confidence in investing more, whenever you start depositing for investment, you will immediately have the will to deposit more Bitcoin, this is another quality of the DCA method. However, more patience and the ability to take risks should be given the highest priority to prepare yourself. In this way, you can prepare yourself for a long time in depositing Bitcoin, because the right mindset is the most suitable.

Yes, DCA is the best method for those who do not have the ability to buy Bitcoin in large amounts. And we can still buy it according to our ability without having to force it beyond our ability, and we can buy in small amounts routinely every week or month which must be done consistently. And that way the Bitcoin that we have will be big in the long term because it will accumulate and this shadow should be your motivation to be able to do it well and also manage your cash flow well.

And the discussion about DCA has all been explained and presented very well here, here are the best ways here, and here is the best place for us to learn it and most importantly don't be lazy to read.

[Promocodeudo]

Yes, DCA is always an effective strategy, especially for new investors, because investors can get very nervous at first, but using DCA allows you to accumulate Bitcoin gradually instead of worrying about the volatile Bitcoin market.
All investors should develop the habit of accumulating Bitcoin consistently, and DCA is the most effective for this. You should have the perspective of maintaining regular investments without panicking when the market dumps.
Bitcoin is going to be much more valuable in the future, so maintaining DCA consistently can achieve life-changing success in the future.

Yea but it good for all investors because it makes you invest without panic, new investor are advised to invest in Bitcoin with DCA method because it is a highly effective and efficient method of investing in Bitcoin, it allow but new and existing investors to invest in Bitcoin without being concerned about the price of Bitcoin at any time, intji anyone with a long-term mindset will abide by this method, many people has used this method to have enough Bitcoin in their portfolio because of their aggressive method of accumulation, the current amount you have now in your portfolio may not matter since your have a goal set to achieve in the long-term, as you keep doing the needful, your portfolio will get bulky overtime thats why it's advisable for anyone who's ready and prepared to take up the task to start, as for market dumping it's normal if we understand that this things happens for some reasons, so that shouldn't bother us but our concern should be how serious we are with our accumulation process, Bitcoin investment has taught me that once you're regular in anything thats futuristic assured you must smile in the long-term and for us to enjoy this, we must persevere to conquer that's the real thing.

[laijsica]

For someone who is just starting his bitcoin investment, the DCA strategy is the best strategy the person should adopt in accumulating bitcoin because it plays a great role and helps new and old investors to accumulate bitcoin consistently without being worried about the volatile part of bitcoin. The DCA strategy eliminates market timing for old and new investors who are using it to accumulate bitcoin, and it also allows them to consistently accumulate bitcoin even when bitcoin is increasing or decreasing, which gives them the advantage to be more active in accumulating bitcoin than those investors waiting for a dip or timing the market, which they are not even certain will happen today or tomorrow. And one of the important aspects of using the DCA strategy to accumulate bitcoin is that it controls investors emotions because even when they accumulate bitcoin at a high, and the price drops, they will not be worried because they know that the DCA strategy has them covered and they can still accumulate bitcoin at that time.

Yes, DCA is always an effective strategy, especially for new investors, because investors can get very nervous at first, but using DCA allows you to accumulate Bitcoin gradually instead of worrying about the volatile Bitcoin market.
All investors should develop the habit of accumulating Bitcoin consistently, and DCA is the most effective for this. You should have the perspective of maintaining regular investments without panicking when the market dumps.
Bitcoin is going to be much more valuable in the future, so maintaining DCA consistently can achieve life-changing success in the future.

During market dumps, DCA can be more effective if investors want to continue their consistent deposits. This method is very effective in preventing panic among ordinary investors because this method entices the investor to set aside a portion of disposable income at each time. For example, if your monthly income is $3000 and your family needs $2200 for daily expenses, then your disposable income will be $800 and if you can allocate $600 of this to deposit Bitcoin, you should not be under much pressure to run a DCA in the long term. However, you should have a reliable source of alternative income so that the amount of income increases over time and at the same time the process of depositing Bitcoin becomes easier.

Yes, Bitcoin may become a rare and valuable asset in the future and investors are making maximum efforts to acquire alternative assets. Bitcoin could be an alternative asset holding where investors can continuously deposit Bitcoin in a DCA manner and potentially accumulate huge amounts over time.

[Ruttoshi]

But there are a few things you need to pay attention to when doing DCA on bitcoin for investors who often accumulate money with small amounts, such as 10 dollars per week. Maybe it would be better if you don't withdraw the bitcoin you bought on the exchange with that money (10 dollars) directly to your wallet, because this will be slightly consumed by shipping costs. So I think it would be better if, for example, you withdraw bitcoins to your wallet once every two months. Because if for example every 10 dollars (per week) that has been purchased in Bitcoin is immediately withdrawn to the wallet and for example with a sending fee of 0.5 dollars. If you multiply it by 8 deliveries (8 weeks), that's 4 dollars. But if, for example, we withdraw bitcoins to our wallet every 2 months, we only need to pay one transaction fee for sending, namely 0.5 dollars.

You've just mentioned another important thing a new investor or anyone using DCA should put into consideration so that he does not have too many small small UTXO that will later back fire him and eat up most of his profits in future.

Let me explain it for proper understanding, it's good that those DCAing with little amount of money that is not up to $500, should pile it up in their exchange wallet till when the amount of bitcoin accumulated is up to $500 and above before sending it to your self custody wallet to avoid too many small UTXO, if not your transaction fee will be very high in future if you want to transfer those small UTXO of yours.

For instance, if you are DCAing with $50 every week, it's better that you accumulate it till it is $500 before sending it, so that you will be charged with little amount as your transaction fee in future because its only from on output that you will be spending from if you want to withdraw this $500 in future compared to when you have 10 small outputs and you want to withdraw $500 from all of them. This is because the size of your transaction on the blockchain is what will determine your transaction fee.

[Solokan]

It is not a new thing that buying bitcoin for a long term is the key success for an investors who has the understanding of bitcoin investment. And the subject makes.it clear for everyone here. It is to buy and it is to sell. In investment you buy and keep it for the period not time which is still low and once it is up to the time you will like to sell them you sell it and take your profits and this is the time of selling. Even if not all it is better to taste the $99k to the $100k then continue again for another All Time High for a long term investment. Investment should be on stages. And I think this is one of the stages to sell. Though it is not for all but those who like to.

Even though currently the price has almost reached 100K, for some people this price is not the main goal. Because bitcoin investment is an excellent store of value asset, many people who invest in bitcoin are not only looking for fiat profits, but the main factor is that bitcoin is an excellent store of value. So if you are a trader, maybe selling bitcoin right now is quite appropriate. But I won't do that, because I invested in bitcoin for a long time, so selling bitcoin now is the same as ruining my original mission.

Off cause $100k is not the main goal, it's just a new ATH and people were just anticipating to see it hit that amount and this great progress has really moved some people and even drag more attention to Bitcoin. Anyone who understands the potential of Bitcoin and has a big target won't make a mistake of selling there Bitcoin rather they will keep on accumulating and holding because it's really going to take anyone who sells his or her Bitcoin time to accumulate that same amount

I agree with your opinion that $100k is not the main goal of a true BTC investor and indeed sometimes if we sell BTC we don't necessarily get the price we bought it for, especially now with the victory of Trump who will become President of BTC. United States, it is very clear that BTC has a bright future. and of course now it has been proven that the price of BTC has exceeded the new price during the bull run yesterday 2021 and of course for people who sell BTC at cheap prices it is now difficult to get BTC at cheap prices.

Yes, anyone who has a broad understanding of BTC and has a big target will definitely not sell his BTC even though it has reached a price of $100k, in fact he will definitely continue to increase the amount of BTC by doing DCA regularly. and what is certain is that over time our number of BTC will increase and what is certain is that in the future we will have a lot of BTC and of course if we have collected a lot of BTC we will certainly be successful.

Yes, for me personally, currently I am still continuing DCA and of course want to own large amounts of BTC.

For example, if an investor has an average buying price of $71k, if he decides to sell at this time, he may have a high profit. Of course, it may be difficult for him to come back from that greed. However, I would say that if you are interested in getting several times more profit from Bitcoin, then you should keep the DCA running and be calm to increase the holding. Setting an initial value of $100k can be helpful for an investor to focus on in terms of savings. I prefer the DCA method of saving Bitcoin so that even if it is a small amount, it will continue to be a Bitcoin holding and keep a long-term focus without focusing too much on the price.

With Trump becoming president, the value of Bitcoin will increase further and it is probably said that he can take efforts to increase Bitcoin but you should not get too hopeful about one person because after assuming power of the state, his attitude may change or he may make decisions contrary to what he campaigned for to win the election. You should make your investment decisions with every possibility in mind so as to reduce additional risks.

I find the DCA method most suitable for Bitcoin accumulation and through which an investor can deposit his discretionary assets in any amount he wishes on a weekly or monthly basis. For the growth of wealth, along with the income, the amount of Bitcoin accumulation should be increased at regular intervals.

Yes, that's good advice, friend. If think about it, what you say is true, yes, it's very correct. If you invest in BTC, don't focus on Trump's vision and mission because it's possible that if you focus on Trump's vision and mission, it might make some people disappointed, for example because Trump doesn't carry out its vision and mission well.

but yes, by not focusing on Trump's vision and mission, of course that is a very good idea because of course we can do DCA comfortably and what is certain is that mentally we will also be strong. By increasing accumulating BTC, if we have a lot of income, maybe that's a good idea, friend, and I've done what you suggested.

It is really encouraging that you are trying to follow the DCA method and focus on Bitcoin growth. There are misleading predictions on various social media and I was a beginner trying to follow them but over time I decided to avoid from those predictions and focus more on accumulating Bitcoin regularly which makes me prefer to accumulate Bitcoin in DCA method in any amount per week or month without the need to verify the advance information about the price movement.

Donald Trump may apply his positive actions towards crypto as a president but you cannot be sure that the price of Bitcoin will only continue to increase or reach a skyrocketing value. You should be careful about Bitcoin investment in terms of reality and that is why in my opinion the DCA method is the best method for accumulation. This method is an effective way to grow your Bitcoin pile properly in any situation of price correction or upward trend.

There should be another recommendation for you, friend, if you want to continue saving Bitcoin for the long term without interruption then you should keep a backup fund along with DCA and through this fund you can overcome the problem without withdrawing your Bitcoin stash in any unexpected situation. With the increase in the amount of floating backup fund, you can gradually increase the amount of Bitcoin savings from your discretionary income at the season of bearish or bullish.

Personally, I used to be like that too and used to always think about the price when accumulating BTC, but after discussing on this forum I saw suggestions from people who are experts in Bitcoin, of course, yes, it would be better to accumulate BTC using the DCA system without thinking about the BTC price, because of course that The view is the amount of BTC, not the amount of money, but yes, for some people it is strange, but if you think about it, of course accumulating BTC without looking at the price is certainly a wise step and if you have also done that, thank God, that means you already understand the benefits. DCA.

Yes, it's absolutely true and of course I'm happy to get good advice from friends here because in accumulating BTC we shouldn't look at this and that because it's best to focus on accumulating BTC well.

That's good advice, friend, fortunately I always keep reserve funds and of course that way our BTC won't be disturbed even if there are financial interests. Yes, basically I focus more on DCA and collect it to prepare for my old age or for my children and grandchildren.

[SuperBitMan]

Bitcoin hitting $100k plus is there anyone still not trusting Bitcoin.
Now this will make those who didn't take Bitcoin seriously to start accumulating aggressively in other to meet up but it may lead to there fall just calm down and continue accumulation slow and steady and don't let anyone deceive you that Bitcoin will not reach $200k.
Some set of people will become consistent now and later give up because Bitcoin didn't grow to $200k or more as fast as they were expecting and after giving up and as time goes on Bitcoin fit's $200k and more they start regretting just like they are now that Bitcoin is $100k.

[CageMabok]

Bitcoin hitting $100k plus is there anyone still not trusting Bitcoin.
Now this will make those who didn't take Bitcoin seriously to start accumulating aggressively in other to meet up but it may lead to there fall just calm down and continue accumulation slow and steady and don't let anyone deceive you that Bitcoin will not reach $200k.
Some set of people will become consistent now and later give up because Bitcoin didn't grow to $200k or more as fast as they were expecting and after giving up and as time goes on Bitcoin fit's $200k and more they start regretting just like they are now that Bitcoin is $100k.

Only non-believers in Bitcoin will follow suit so those who already believe in Bitcoin do not need to think about the fate of those who do not believe in Bitcoin. Because any profit from our belief in Bitcoin will also not be shared with them, so let those non-believers decide for themselves what steps they should take after seeing the price of Bitcoin today. Now people who continue to collect Bitcoin and buy Bitcoin aggressively have increased so that the support of price strength on Bitcoin will also continue to strengthen at the end of this year.

[Promocodeudo]

Yeah you are right some people feels DCA strategy are for people who really don't have a large source of income but that's not true those with a large source of income and those with small source of income can use the DCA strategy, if you have a large source of income that means you may decide to use a high amount of money to accumulate Bitcoin weekly or monthly but those with small source of income may decide to use use a small amount of money to accumulate weekly or monthly when it comes to DCA strategy it all depends on your financial strength, the reason for DCA strategy is to remove pressure from you, it is only when you receive your weekly, monthly or yearly income you will invest however you can still choose to do more if your financial strength can carry it.

Buddy you have been able to clarify may things I'm regard to the quote in question which I will also want to add somethings to the one you have said already, DCA method is for everyone both those who are very financially buoyant and those with low earnings but better for those with low cash infow but if everyone want to efficiently acumulate Bitcoin without stress I think both class of individuals will be needing DCA method to enable them accumulate easily without stress consistently.
I think the main reason for DCA method is even procrastination, even some people that has money sometimes procrastinate a lot, they will be finding it difficult to invest with large amount because of either fear, lack of trust, lack of understanding and unawareness but with this DCA method they can start with the amount they are okay with continuously then when they are convinced, they can increaed to a higher amount instead just being idle spectating.

Another thing is those that has the money and want to invest during the dip because of lack of understanding, the DCA method was also created for this people so that they won't wait further to avoid being discourage along the line hence the dip time can't be ascertained to know how long it will last, also for low income earners that thinks the investment is not for them, they can start DCAing with the little they can since the investment will be for a long-term, in conclusion this strategy serves everyone according to your plan due to your picket and it doesn't mean that that you will continue DCAing with the amount you started with, you can increase once your pucket gets more bulky that's why it's very efficient though it depends on what we want individually.

[Ruttoshi]

Bitcoin hitting $100k plus is there anyone still not trusting Bitcoin.
Now this will make those who didn't take Bitcoin seriously to start accumulating aggressively in other to meet up but it may lead to there fall just calm down and continue accumulation slow and steady and don't let anyone deceive you that Bitcoin will not reach $200k.
Some set of people will become consistent now and later give up because Bitcoin didn't grow to $200k or more as fast as they were expecting and after giving up and as time goes on Bitcoin fit's $200k and more they start regretting just like they are now that Bitcoin is $100k.

Seeing bitcoin at 102k benchmark shouldn't be the reason for any new investor to start accumulating bitcoin aggressively when he's not prepared for it because I see that as a dumb idea, because if you don't have the extra funds to invest aggressively, you will end up selling your bitcoin when the need of what you want to use the funds for arises.

A new investor shouldn't be investing on bitcoin because of the price at which bitcoin is, but because he wants to invest in a long time and acquire more bitcoin for himself and save his discretionary income from inflation in the long run so that he can remain focus on his target. This is because if you are acquiring bitcoin based on the price that you expect it to reach within a given period of time, you will be disappointed and frustrated if the price goes against you. Also we should only focus on our own bitcoin investment how to grow and build it by keeping our business accumulation ongoing, than distracting ourselves on what others are doing.

[Moreno233]

Bitcoin hitting $100k plus is there anyone still not trusting Bitcoin.
Now this will make those who didn't take Bitcoin seriously to start accumulating aggressively in other to meet up but it may lead to there fall just calm down and continue accumulation slow and steady and don't let anyone deceive you that Bitcoin will not reach $200k.
Some set of people will become consistent now and later give up because Bitcoin didn't grow to $200k or more as fast as they were expecting and after giving up and as time goes on Bitcoin fit's $200k and more they start regretting just like they are now that Bitcoin is $100k.

I think the argument has shifted far away from trusting Bitcoin because even those who were vocal about Bitcoin going to zero are now silent even though they might not have come out publicly to admit that they were wrong. Instead we see the discussion centered on those saying that the price of Bitcoin have gone too high for them to invest now after they have been dragging legs for ever. These are the people we need to inform that they are never late because Bitcoin is just getting started. They have to know that if Bitcoin could hit $100, $1,000, $10,000 and now $100,000 then it is possible that it will reach $1,000,000 in a matter of time. So they have to appreciate the time factor of Bitcoin which is very important in maintaining stability and consistency in the accumulation process.

If you go through social media, you will see the promotion of various shitcoins with some calling their scheme the next Bitcoin. Some even attach statements like "if you miss Bitcoin, don't miss bla bla bla", meaning they believe that Bitcoin have become too expensive which is a blatant lie. So we have to challenge this wrong notion so that we will still see new low income earners and even big capital starting their investment in Bitcoin with optimism and thinking long term.