Quote from: martinex on Today at 02:42:20 PM

Quote from: Salahmu on Today at 01:37:17 PM

Yeah that's cool you have a psychology of a good investor, however just like you said everyone has there method or strategy in which they intend for accumulating Bitcoin, but however with how potential Bitcoin is the best strategy is just accumulate and holding because those that accumulate through buying dip and sells as the price peak stands a chance to miss what Bitcoin may holds for them in the future, I actually my first strategy when I started accumulating was buying dip and selling when Bitcoin price comes up and it wasn't working for me and in most cases after selling I find it difficult to replenish due to the market price has gone up way more than my selling point so I realized that the strategy is only for chasing market price which is a wrong strategy, so I realized I have been loosing opportunities while selling as the price peak, so I had to change my strategy since I'm very sure of Bitcoin potential so that's how I started accumulating and hold, because the only way to enjoy investment and rest of mind is through holding your Bitcoin.

There are still 41K left for BTC to pass and it would still be too early for us to do so. That's right friends, don't rush, especially if you bought BTC at the price when it crashed, for example at $25,900 on the 25th.

Yes, I admit that and I also feel that the desire to sell is very high, like today's pump, which has a price of up to $27,300, but I think there are also those who do it and it's a momentary pleasure.

These period there are fear in the mind of those person who wants a quick quick return on their investment. But among all these period only few will understand that its good to pruchase now when most people feel less if it.

Quote from: GigaBit on Today at 05:11:29 PM

Quote from: salad daging on September 28, 2023, 10:55:02 PM

Quote from: Ryu_Ar1 on September 28, 2023, 07:57:35 PM

I like the point that you are emphasising here and it is true that if we are ready to invest in the DCA way, especially if we have started it, then I think there is no specific reason to look at how vulnerable the price is because consistency must be maintained.
The problem that often happens is when we're already working on DCA and we get bogged down with the thought of price, which in the end will make our strategy fall apart in the end.
My initial period in 2002 was like this because I was dizzy with my thinking that was based on price but over time that became the main problem I had because when I was based more on price we would be dizzy so I tried to learn from the beginning and indeed for now it can be said that my method is much better than before with DCA which should not be too concerned about price.

If you continue to worry about the price in your DCA method then this will hinder you, it could be that you keep thinking about the price that has started to rise while still hesitating to continue? I think this thought must be eliminated at least whatever the price is if it's the DCA method then just do it.

Of course, we have to get away from that thinking. If we learn about DCA then we will not have any problem in saving bitcoins. Why do we use DCA strategy?

We all know that Bitcoin is best known for its volatility.

If you look at the current BTC chart anyone who knows how to make good use of opportunities will make use of the huge volatile swings. Which is what most people are trying to do now, although it might not be words that are said often. I don't want to start repeating what has been said here so many times about DCA. I still think DCA BTC is a good investment, but that does not mean other investment strategies are not good. I believe JJG has talked about that earlier.