Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
TrustedBitcoiner
on 09/01/2023, 18:06:24 UTC

it only seems to make sense to DCA if you have no other choice, you have no speculative-high-risk-investment-money right now, but you can set aside X amount each month, in that case it would be crazy to put that money aside and and only invest once you have $5K saved up, in that case you "DCA".

It seems that you are wanting to impute way the fuck too much trading knowledge, financial management skills, and even asset awareness knowledge onto the vast majority of normies.  

The vast majority of normies are way better off starting out with DCA, and then learning as they go... and if they are able to improve on DCA, then that is great, but get the fuck started as soon as possible, and DCA allows normies to get the fuck started as soon as possible and to be way more aggressive with their investment approach than if they are waiting around trying to figure out whether we are in dip or a up or a sideways or whatever.. they are not going to know.. so just buy their $200 worth of BTC every week.. and forget about trying to figure it out.. and later if they are able to figure out more details and strategies then great, let them play around with their additional knowledge, but they may well want to keep their DCA going on, even if they might be supplementing their BTC accumulation strategies with some other approaches including lump sum investing and/or buying on dips.
 

ill agree that DCA is an easy way to get started quickly, your not putting very much at stake, its a simple strategy that you dont have to think much about.  small buys are way easier to do then 1 large sum a significant % of your hard earned money, and if that's what it takes to get someone buying sooner rather then later then DCA is probably best. having bought some "over priced" bitcoin is better then have no bitcoin at all.

but for those willing to take the time to learn, hitting that all in button with max 10:1 leverage at just the right time,  is the way to go  Cheesy Cheesy Cheesy  jokes...

i guess there are alot of traps for noobs, so simply DCAing as solid advice...

its just not for me.