More simply, and from Bitcoin's technical viewpoint - As long as the transaction follows the consensus rules, it will be broadcasted and it will be included in the blocks for confirmation. No prejudice, no stereotypes, just Bitcoin transactions that you may approve or disapprove of.
Means We both are on the same page regarding to this knowledge only. And I hope to get more valuable resources to read like these from you. Do you have any good resources to know more about BTC Blockchain infrastructure like the main components. I know the video in the article is also good, but I am more interested in reading instead of watching.
DCA comes with various plans depending on how much someone knows about trading. I'm happy my plan has been good and it's been working for two years. It's easy, make the most of price changes by buying when it's low and selling when it's high. If you're unsure, the base order is the first investment amount you won't go over
Agreed to the point that DCA method is not same for everyone even I can say for sure one might be following the same rule which you shared but they might not be aware of the fact that other are also aware or at least have name for such methods. Like the "order size" and "deviation multiplier" etc. And thanks for shedding light on my question.
Yeah of course, you can employ your own variation of DCA, but if you do not really understand what you are doing, it is likely best to attempt to employ a more strict variation of DCA first, and make sure that you understand the more strict variation of DCA before you start to get too fancy and then end up doing something that you call DCA but it really is not even close to what DCA should be.. but instead a kind of buying on dips or even a kind of gambling, but you call it DCA because you start out with DCA and then devolve into something else.
What factors makes one DCA strategy strict one and fancy one. Are these two mentioned ways of DCA are strict or Fancy one. Because from what I have learnt in the short period is in DCA we do not put all of our money at once just like we do in lump sum instead we try to time the market or at least to increase the profit on our holding to get our hands on more Satoshi.
And I read some articles too about DCA types, but I did not find any, but I do find an advice that we should do DCA only in those assets or in only those investments which are for longer period of time.
You seem to be describing that correctly. So if you have a regular DCA set up, then you might have some dollars that you are holding in reserves, so when the BTC price dips, then you decide how much of that money in reserves that you are going to want to use to................
Understood your points here. In short, I understand that every situation has different DCA strategies. Like when we have more fiat, less fiat, price is on it ATH in some specific time period etc. And thanks for the assistance too.
I guess that you are making a certain kind of point with the chart regarding ongoing wrong bitcoin price predictions, but wouldn't it also be a good idea to provide a link to the chart so that we can see from where you get it and maybe some other context for the various dots within the chart?
https://zurichcryptojournal.com/how-many-time-has-bitcoin-be-called-dead/ I do not know if dear Wind_FURY has downloaded the image from the following website or not, but I found it using google lens and google lens helped me a lot in giving online tests. Even in the assignments of making apps in java they gave us diagrams and all I do is use google lens and then upload that image to find out that from which website they have picked the picture and once I able to find the source then it became super easy for me to copy the code. I know that's not a good way, but assignments take huge time and while we have our hands on full of assistance then i do not hesitate to use them Hehe.