Quote from: hd49728 on October 09, 2023, 09:33:12 AM

Quote from: Sim_card on October 09, 2023, 09:06:42 AM

Newbies who have not yet invested in bitcoin or have bought their first bitcoin, should put in consideration of using Dollar-Cost-Average(DCA) to increase their bitcoin portfolio, as this is the most convenient way to accumulate bitcoin gradually without worries of the price movement of bitcoin.

DCA is for everyone, not only for newbies.

It works for everyone who have solid belief in Bitcoin future, are disciplined enough to complete their plans and everyone, from whales to small investors, from experienced to newbie investors, can apply DCA for their investment.

The hardest thing to do DCA is patience and discipline because DCA means you have to do it very long time. It is challenging for both experienced and newbie people in this market. People are more keen on trading because they want to see quick results than wait too long time to see results with DCA.

DCA is a method with a lot of potential for everyone. It allows investment to be set at an average price so it can be used by everyone. It is more beneficial for beginners because those who are experts in trading or holding can make better decisions by doing various types of research and are able to make higher profits. But it is not possible for newbies to make accurate predictions because they don't have a deep understanding of the market and Bitcoin, so they will leave everything to their luck and invest. For this DCA has many impotent methods that can protect them from major losses. But everyone should follow DCA for fund safety