Quote from: Sim_card on Today at 06:44:21 AM

Quote from: serjent05 on October 09, 2023, 07:07:02 PM

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

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is.

I believe this is an exaggeration. There are people who increase their Bitcoin portfolio in trading, Not because someone is not able to do a successful trade, everyone is a failure. That is a wrong assumption, IMO.

I am not saying that it is impossible for one to increase his bitcoin through trading, It wouldn't be up to 20% of traders that can increase their bitcoin through trading. Majority like 80% of investors can increase their bitcoin portfolio through hodli and regular DCA. Hodli needs only patience with your investment and it gives higher possibility of making profit compare to trading.

Quote from: serjent05 on October 09, 2023, 07:07:02 PM

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

HODLing is the only way out. You need to have a means of income to enable you buy bitcoin, and if your income is very low, try to get a second means of income, if you really believe in bitcoin. No amount is too small to invest with, the earlier the better as time waits for no one.

If you are talking about the increase in Bitcoin portfolio, hodling alone cannot increase your portfolio, you need to continuously buy Bitcoin and hodl to increase your portfolio.

If you are talking about realizing profit, hodling is not the answer but selling at a higher price. Since to realize our gain, we need to stop hodling and sell our stash at a higher price.

You are right but the fact remains that if Mr A and Mr B buys bitcoin with the same amount and at the same time, if Mr A sells his bitcoin at the end of the first circle and Mr B sells his after two circles. Mr B will make more profit compare to A. This is because the price of bitcoin increase over time with the number of bitcoin circles. Take for instance those investors that bought early when bitcoin price was $100 and if they have not sold till date, they will have made huge profit compare to the person that bought at $100 and sold it during the bull run of when he bought. This is what I mean and with DCA, hodling becomes a better way to safeguard your future.

You are right about Mr A and Mr B, but everyone have different reasons why they decide to sell, you don't know what costs MrA to DCA that far and on getting to a point where he has to pull out his profit he just have to do it, for reasons we all can't know or understand, the best part is they both make profits and that's what we want isn't it?

As easy as DCA seems for us on here, not everyone are capable to DCA with convenience, some are trying to hard to get it done, even if it's just a $10 per DCA, situations are never going to be on the same level, it's easier for some and it's harder for some, in my country jobs are not paying enough monthly, to enjoy DCA in Bitcoin you either have other rare skills or you leave the country, there is no way you won't find DCA very difficult if you are living in my country and surviving with monthly salary as a government worker.

Big income is very helpful, and Investment will be easier.