Quote from: Agbamoni on September 11, 2023, 06:58:09 PM

Quote from: Ryu_Ar1 on September 11, 2023, 04:31:38 PM

That's the point I want to make in this case, even though in the end everyone has some views and lum slump is also the way of some people but if we really want good results then focus on being in a strategy that has a very high chance of being with DCA because in the end when we are at the starting point for investment DCA is one of the strategies and methods that are very good to do and it has been tested by some of our predecessors who have done the same strategy so in this case DCA is like a good benchmark especially for beginners.

It does not mean that we should not do lum slump like some other people who do it but it is better to focus on the most possible conditions for ourselves now. I don't have any problem if other people do lum slump because they also have their own strategies but for us as people who can be said to be new, it would be better to do the DCA strategy because this has a better probability for us as a beginner in bitcoin.

Having a strategy and not rushing into things is important. I'm always thinking about the future, and I don't believe in investing just for quick profits, especially with Bitcoin. I like that many people here focus on long-term goals. One reason I don't invest a large sum all at once is because it's better to start early when you have the money and not wait for the huge capital to be there. If I try to save up a big amount to invest later, I might end up spending it on something else. So, I prefer to invest $100 from each paycheck, spreading it out over 3-12 months. This way, I can accumulate more Bitcoin over time.

Well that's right guys, maybe there are some players who come without having any strategy and they might just see what other people have managed to get (big profits), I think that can really encourage them to enter this investment world, especially in bitcoin. But well I say maybe they will just throw money away if they come without bringing any fishing gear, I mean it's pretty stupid if you come with strong determination but not based on knowledge, while any risk can really happen to them (big losses). If you come in a hurry then I'm sure you're probably too focused on making a profit that you're outpacing everyone else. Well of course there are no quick results for anything, I understand that it is indeed the goal of everyone who comes to profit with their respective targets, but it is wrong if you invest with the aim of wanting to quickly profit or even get rich quickly, there will always be a struggle and process first, you want sweet results? that means you have to be able to go through a fairly bitter process here. Don't let you or anyone have that mindset because investing in bitcoin does not give a 100% guarantee, especially quick profits. but I say that bitcoin has given you the opportunity to achieve a brighter future by starting investing from now on even with the smallest amount you can set aside from the rest of your needs.

So if you believe in how high bitcoin is in the future then from now on you can start with the amount you can afford even if it's with a small amount but it doesn't matter as long as you can do it consistently. Well right guys what you have done this will be very useful for your future, you choose to invest long-term and indeed that is more appropriate to get significant profits in the future. That's right, if you don't have a large capital then you can start from what you can afford, it's better to start now even if it's small than nothing or you wait to collect your money first and then allocate all that money to bitcoin, while on the other hand you also have personal needs that are very important to stay alive. So I think that option is not too appropriate to choose, because if you have to first collect money, first it will waste a lot of time and second maybe after the money is collected it cannot be guaranteed that you will get a good price to buy bitcoin, it could be that the price movement is already above and that means you are behind. With DCA everything looks simple especially if your goal is for the long term, but well you have to stay consistent over time.