Quote from: Maus0728 on October 07, 2023, 01:06:55 PM

No chart or any sort of noise. Just following a strict budgeting religiously.

Will it be most efficient at the end of the day, I really don't think so, Newbies can go for this strategy as they are not very experienced and they don't possess the lumps and sums. Why be dependent if you are capable of doing much better?

Quote from: cheezcarls on October 07, 2023, 01:09:50 PM

Exactly right on point. It is my mindset when I started doing the DCA (dollar-cost averaging) mid-last year regardless of the market condition, cycle, etc. I honestly have less belief in “cycles” in which anything can change unexpectedly without warning.

Haha... So my senior brother/sister you are in a very big misconception, the Bitcoin cycle is a reality and its proper analysis is very important because you won't be able to make any efficient decision without it.

Quote from: cheezcarls on October 07, 2023, 01:09:50 PM

This is why even if BTC went downhill last time, I was not concerned that much and I just kept on doing DCA. I always make sure that the money I’ve saved for family and emergency is my top priority and investments are at the very least in the priority list.

Do consider that.. here we are not discussing the financial goals, it's purely about the Bitcoin accumulation, Everyone knows family is to be always your first priority, senior.

Quote from: BIT-BENDER on October 07, 2023, 06:14:47 PM

First to accumulating Bitcoin you have to look at the benefits and the rewards, it's not profitable to accumulate Bitcoin and then lose it to scammers or hackers so you ought to protect your funds no matter the amount of Bitcoin you can afford.

A very good point I was considering this point here but due to the length optimization I exclude this external factor. Anyway all you need to know about strategy is already there for the proper accumulation process as pre and after management, we can discuss later in any other topic.

Quote from: Faisal2202 on October 07, 2023, 07:56:56 PM

Now i need some clarifications from you that, you said, distribution zone is for booking profit from the accumulation that you had did but for the short term investors. But i would say anyone who have accumulated the BTC and are trying to book the profit in ath then they might not be considered as short term investors. Because they are at least holding the funds for 1 year and must be consider as holder (long term) I might be wrong here that's why i am asking you to please simplify it for me.

First of all the 1-year hold and invest can't be considered a long-term investment it may fall into the semi-mid-term investment. Let me clarify but in the Bitcoin, a cycle lasts 4 years and in the cycle, the time span is not at all specific with any zone as any zone may last 2 years+ or any zone may last in a few months. booking profit on ATH cant be a long-term holding as a long-term.

Quote from: Faisal2202 on October 07, 2023, 07:56:56 PM

PS: BTW a nice compilation, i really like your post and keep coming with such topics.

Thanks for the appreciation pretty disappointed by the response on the thread as everyone seems to be discussing the DCA DCA & DCA nobody considering the discussion of the Zone specific strategies which were mentioned to be discussed as after this whole study before posting and in my post as well I did mention that DCA can be an allrounder but it is not at all efficient if it is justified that was used to be the purpose of this topic. Everyone posted hurry I think except for a few ones (3 to 4) that they considered a redundant or typical topic. There were a few concerns which are not clarified. I was expecting a full-on debate on different strategies to obtain useful insights from seniors.

That it i will consider other replies in the next post.