Quote from: MCUKing on September 26, 2023, 08:37:27 PM

Quote from: JayJuanGee on September 26, 2023, 06:49:26 PM

You are wrong. A strict DCA approach does not get distracted by price.. .however, if you are suggesting a less strict DCA approach or some kind of hybrid, then there is nothing wrong with that... but don't be implying that you are still following DCA when you are not.. In those kinds of cases you are purposefully deviating from DCA and suggesting that would be better, when it may or may not end up being better than just following a straight DCA approach. We cannot presume that everyone has time to be fucking around trying to figure out the price, and that is part of the reason that a strict DCA is suggested as a starting point... and sure of course, anyone is free to deviate from DCA by employing various price movement strategies, but that is no longer strict DCA and not even necessarily a good idea (even though you seem to be suggesting that moving from strict DCA is "obviously" better.. which truly is not true)..

Some times people attempt to get to be too smart for their own good, and I have no problem with making suggestions but it is not necessarily going to be a good thing for everyone to be fucking around with various strategies that may or may not end up working, even if you have a lot of confidence in such deviation.

JJG while I was reading this thread most of the time, you do support the aggressive buying & DCA and even now here Hybrid DCA what you call is not wrong at all, is what I think more suitable, No doubt with the DCA the accumulation will be more risk-free, but it will be risk-free not much effective or efficient. To make the DCA more efficient sometimes we need to lose the strictness and that is why I used to say sometimes besides DCA you need to prefer the change in strategy.

I already account for the need or the preference to change strategies as you accumulate more bitcoin and as you become more familiar with bitcoin (and even your own particulars). If you are brand new to bitcoin and you hardly have any clues, you may well be much better off just setting some kind of an automatic buy of $10 or $100 or whatever happens to be your amount and don't think about it for a few years and then perhaps come back and study the space more at a later time or maybe after you have spent some time investing, the growth of your investment (merely from having had been buying for a decent amount of time) might thereafter inspire more studying into the topic. and even to be directed in such studying based on the performance (or lack of performance) of your BTC portfolio.

Quote from: MCUKing on September 26, 2023, 08:37:27 PM

Price really doesn't matter if you are getting involved in the accumulation to achieve a particular amount of Bitcoiner's hard-lined Bit coiner but it does when it comes to more efficient accumulation.

You still have to spend time learning about what is "more efficient" accumulation, and you are not going to know as a newbie and you are going to have to spend time studying.. and sometimes people don't have time, so it is better for them to just employ a more strict DCA approach.

Quote from: MCUKing on September 26, 2023, 08:37:27 PM

Let me explain it with 2 sorts of Scenarios.

case 1: A person wants to accumulate 1 Bitcoin according to the cyclical movement and he knows that if the market stays in a range from this point to this point I will invest X amount per Day/week and I will reach my goal at this time.

case 2: Here's a person who has enough capital as well and wants to accumulate 1 Bitcoin but He's not sure about the bottom He stared his DCA and now he got a DIP and here changed the strategy from DCA to instant Buying of 10% of capital and again started DCA and again he bought the DIP.

Now the more efficient Buying is done by Person 2 because he already accumulated 1 BTC before person 2 and His total capital spent in USD is also lower than the person continuously following the strict DCA.

Yes.. someone who already has a lump sum of value is going to have more options.

many times people do not have lump sums of value that they are either going to put into bitcoin or want to move in order to put into bitcoin..

If you have a lump sum available for investing into BTC, then you have three categories which is lump sum buying, DCA and buying on dip. So a default division might be to divide such lump sum into three rather than thinking about all or nothing in terms of any one of the categories...

I have never suggested to ignore those three categories, even though DCA does tend to be better for most people and most people do not have lump sums. I also don't necessarily consider that new cashflow coming in has to be DCA'd. so for example if a person has $100 per week available, he could choose to divide it into two.. half for DCA and the other for buying on dips.

And again complete personal discretion and it is good to know the three categories and to figure out how much to emphasize on each one, with perhaps the default being DCA until getting up to a certain level of BTC.. and so as your BTC portfolio gets bigger, your options increase too, which tends to remove DCA from the default position.. especially if you start to become more informed about various aspects of your finances, your psychology and BTC.

Quote from: BABY SHOES on September 26, 2023, 09:40:40 PM

Quote from: JayJuanGee on September 26, 2023, 06:49:26 PM

[edited out]

After all I have planned this for the next 9 years: dcabtc.com

I fixed your link.

Of course, that website can show you how many dollars you would have spent for $100 per week over a 9 year period and also show how many BTC you would have gotten, and of course, the upcoming 9 years are likely going to result in way fewer BTC.. Yes.. the last 9 years ended up getting you nearly 39 BTC for that $100 per week... and the next 9 years might well not even get you 0.5 BTC for that kind of level of weekly investment into BTC. WE cannot tell for sure, but we an tell how aggressive that we are able to be in terms of our own life balances, and also realize and appreciate that there are no guarantees in regards to whether we made the right choices in terms of our chosen balances (what we invest into, how we invest and how much).

Quote from: jasonjm on Today at 04:46:41 AM

Quote from: martinex on Today at 01:50:16 AM

Now that the world is seeing increasing levels of uncertainty, Bitcoin would be a possible contributor. As an asset Bitcoin has proven time and again that it rises more sharply when political and economic issues develop, which I think will bring more institutional investors into the domain to balance their portfolios. It's taking risks and leaps but that's the real investment in technique and the mechanics are individual for sure.

Well, in the past, we have seen that when there is economic uncertainty, the price of Bitcoin also plunged. For example, during the COVID-19 pandemic, BTC dipped below $4k, so did the rest of the stock markets. Arguing that Bitcoin is an inflation hedge is still not a valid argument. Bitcoin is an asset but has and will fluctuate when there is economic pressure.
Everyone is investing in Bitcoin to earn profit. But, when we look at the other side of the picture, it is evident that Bitcoin is not as decentralized as we say. Major institutional investors are increasing their portfolios, and at some point in future, they will manipulate the price at will.

You don't seem to understand bitcoin very well, jasonjm.

To get a bit of a better perspective, you might need to zoom out a bit and you might even need to study what bitcoin is exactly.. and how it adds to the various kinds of incentives that are likely going to change the way that people invest... even though it could well take bitcoin more than 150 years to get to its value in respect to gold for example. which would be around 1,000x gold or more.

So how do those dynamics of sound money work? Value gravitates into it in the long run even if a certain amount of fuckery, misinformation, manipulation still may well be contributing in the short term, but the longer that bitcoin is around, the more people are actually learning about it rather than spouting out ill-informed talking points which seems to be what you are doing jasonjm.