Quote from: JayJuanGee on Today at 02:51:12 AM

Quote from: Roseline492 on October 09, 2023, 05:39:09 PM

Quote from: MCUKing on October 09, 2023, 04:26:56 PM

Ahh.. do you really think I haven't gone through this thread I think I have almost read the maximum number of pages, all of the newbies and other members are only discussing the DCA, and I don't think so just DCA is sufficient enough, practically DCA can be an all-rounder but in the market, DAC is not a dead end hope you've got it..

So long as Bitcoin market is concern DCA strategy remains the ultimate strategy for accumulation of Bitcoin because it works not only for beginners but also on more experience people by building their mindset and also expanding their course of knowledge to see the risk involves on accumulation without a good strategy and providing solutions on how to navigate the accumulation process with a risk free and slowly investing with the only amount they can afford.

There are several participants of this thread who are repeating the idea of risk free and guaranteed, and bitcoin is neither risk free or guaranteed, even if you employ DCA or any other method of accumulating it.

No investment is 100% guaranteed. I will always say that, because I am not in the same ship as those that thought that investment is guaranteed 100%, no matter the strategy that is used on the investment, it is still not guaranteed of 100% profit at the end.

I know about other strategies but I only use the DCA method because it allows me to invest constantly with the little money I can so that, in the end, I will not be entangled with expenses and other things.

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Surely, DCA allows someone to get into BTC in such a way that s/he tailors his/her various buy amounts based on his/her discretionary income.. so in that regard, there can be a kind of assurance that such bitcoin accumulator/hodler is not going to overdo it so long as s/he is attempting to make sure that discretionary income is being used and accounting for various monthly expenses and even including an emergency fund in there.. so not to overly invest to such an extent that s/he is not making sure that financial (and therefore psychological) matters are covered.

It is true that the DCA method gives us the opportunities to accumulate more Bitcoin so that we don't end up being intertwined when accumulating Bitcoin, but I don't know why some people get it wrong. They think that the DCA strategy will guarantee them profits in the end, but it's all a lie, so I do say that the DCA method is just a way to accumulate more Bitcoin to hold for a longer time.

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So the part about a kind of guarantee might be that the bitcoiner who does not gamble and does not use leverage, is assured that the most that s/he could lose is 100% of his/her investment, but what makes bitcoin such a great asymmetric bet to the upside is that fact that there still are possibilities that s/he could make 2x, 5x, 25x, 100x, 1,000x or even higher amounts depending on timeline,
so it is not guaranteed to make money or to lose money,

One of the things that can give us a tangible profit at the end of our investment are the timelines and how we managed to use the DCA strategy to accumulate more Bitcoin. I do say that the amount of profits we are expecting from our investment depends on the amount of capital we use to accumulate and how long the investment timeline is.