Have you heard of bitcoin?
Here we are talking about bitcoin, we are not talking about various shitcoins. DCA does not work with shitcoins (or tokens).. fuck shitcoins and fuck "potential tokens."
Go to some other thread if you want to engage in discussions to assess the "potential" of various tokens (aka shitcoins).
The ultimate application of DCA, buying on dips and lump sum accumulation that we are discussing in this thread relates to having had already assessed fundamental strength that bitcoin has in the longer term, so in that regard, it hardly matters what price you buy so long as you continue to buy - especially if your investment time horizon is 4-10 years or longer.
Of course, if you are wrong about your assessment of the fundamental strength of bitcoin, then ultimately your investment might not be in profits 4-10 years or longer into the future.
The idea of buy on dip and HODL has to do with attempting to improve upon any kind of DCA approach that any of us might attempt to apply in terms of attempting to strategize buys that are at lower prices, and of course, HODL would be a kind of strategy that is meant to deal with mistakes of buying too much too soon while the BTC price might still be dipping and you might have already used up all of your cash.. so the HODL strategy would be a way to attempt to get through such dip period in which you are low on cash or you are waiting for more cash to come in or you are waiting for the BTC price to get out of its slump and return UPpity.. sooner or later UPwards movements in price should end up happening, but of course, there are never guarantees, and part of the conviction of making an assessment of decently strong fundamental strength would thereby logically follow that there is a bit of an expectation that at some point upward price movements are going to continue, even while at the same time realizing that no investment is 100% guaranteed, even if it has been assessed to have a lot of fundamental strengths.
Now i get the context Here we are talking about bitcoin, we are not talking about various shitcoins. DCA does not work with shitcoins (or tokens).. fuck shitcoins and fuck "potential tokens."
Go to some other thread if you want to engage in discussions to assess the "potential" of various tokens (aka shitcoins).
The ultimate application of DCA, buying on dips and lump sum accumulation that we are discussing in this thread relates to having had already assessed fundamental strength that bitcoin has in the longer term, so in that regard, it hardly matters what price you buy so long as you continue to buy - especially if your investment time horizon is 4-10 years or longer.
Of course, if you are wrong about your assessment of the fundamental strength of bitcoin, then ultimately your investment might not be in profits 4-10 years or longer into the future.
The idea of buy on dip and HODL has to do with attempting to improve upon any kind of DCA approach that any of us might attempt to apply in terms of attempting to strategize buys that are at lower prices, and of course, HODL would be a kind of strategy that is meant to deal with mistakes of buying too much too soon while the BTC price might still be dipping and you might have already used up all of your cash.. so the HODL strategy would be a way to attempt to get through such dip period in which you are low on cash or you are waiting for more cash to come in or you are waiting for the BTC price to get out of its slump and return UPpity.. sooner or later UPwards movements in price should end up happening, but of course, there are never guarantees, and part of the conviction of making an assessment of decently strong fundamental strength would thereby logically follow that there is a bit of an expectation that at some point upward price movements are going to continue, even while at the same time realizing that no investment is 100% guaranteed, even if it has been assessed to have a lot of fundamental strengths.
, I didn't think it was solely bitcoin based dca analogy because i didn't expect dca to be a strategy when investing in bitcoin. To my understanding; the best way to invest in bitcoin is by targeting and accumulating as much satoshis as possible because context wise; the target should be 1 bitcoin or 0.5 btc; that way the bullish trend would show more favorable trends to an holder wallet. Also, i agree with your hodl strategy analysis too because bitcoin is the only token i attempt to hold long term. Thanks for the little enlightenment
Of course, anyone getting into bitcoin or any other investment needs to attempt to account for what might work better (from their own point of view) based on a variety of personal circumstances, and surely I don't have any problem with the idea to make a lump sum investment from the start of the investment and then to allow time to pass in order to hopefully see that lump sum investment appreciate in value over time, whether that is 4-10 years or longer or maybe some other specific timeline that the person considers to be their goal (what they believe that they are aiming for at the time that they start their investment into bitcoin).
One of the detachments from reality that you seem to be in would be that there are a whole hell of a lot of people who are either unable financially or even psychologically just jump into any investment, whether bitcoin or any other investment with a lump sum, even if such lump sum might be more affordable now as compared to where BTC prices were at through most of 2021... but still if you think about it, not everyone willing or able to just stick $12.5k or $25k into bitcoin, if referring to 0.5BTC or 1BTC as an initial investment, and even if they were able to do such a thing, they might be unwilling to take such a lump sum approach, even if an overall a lump sum approach might be a better strategy than DCA and/or buying on dip.
Another thing could be that a person is new to investing and they are trying to figure out what to invest in, and they can have all kinds of ideas about how to ease into an investment or to build up such investment over time, and historically, some people might invest 30-40 years, and never make it to fuck you status... but then when there is bitcoin (and even crypto/shitcoins) there could be some expectations that they might be able to get to fuck you status more quickly.. and I am not even suggesting that getting to fuck you status might not be accelerated, even if many of us likely recognize and appreciate that there are a variety of ways that investors could screw up.. whether they are new investors or even more experienced investors who might start to employ higher levels of risk after some point that they might have had already built up their investment portfolio and maybe they become more adventurous and screw things up along the way?.. hahahahaha.. part of the attempted advantage of discussing matters in this thread might help for members to consider better (or at least different) strategies in regards to how to they might consider investing in bitcoin and/or accumulating it or maintaining their BTC stash.