Quote from: JayJuanGee on October 13, 2023, 07:02:00 PM

Quote from: nara1892 on October 13, 2023, 05:21:32 PM

Quote from: Salahmu on October 11, 2023, 06:58:56 PM

[edited out]

But honestly it goes back to yourself or themselves, if indeed your finances are not good - fine then maybe you don't need to force to accumulate bitcoin because there is absolutely no compulsion for us to invest, whenever you are ready then you can start, the most important thing is not to sacrifice your life needs such as costs for basic needs and then allocated to bitcoin, your life is more important than anything, and well if you still have a way to be able to improve the situation like that then do it. Start saving from now on and use that money for bitcoin allocations, none other than that also to realize all your dreams in the future, just need to be consistent and patient.

I think that a lot of people should be able to put away $10 per week (or even $100 per week) for years and years and years without really worrying about it - however, some people are still pretty damned poor and they might have to stop their DCA after a year or two, even if their exposure might not seem very large to the rest of us.. for example, a person investing $10 per week would ONLY have $520 invested after 1 year and $1,040 invested after two years,

yet that might be enough of an investment that they might feel that they cannot justify putting more money into BTC.. or maybe they just change their strategy to stop DCA'ing or to cut their DCA to a lower number or to replace or supplement DCA with buying on dips... so there can be quite a few ways to make adjustments to your BTC investment approach, even partially based on having have had built a decently sized position that gives more options but does not necessarily mean that there is a need to go from accumulation phase and straight to liquidation phase without first passing through a kind of maintenance stage.. Each person has to make these kinds of decisions about various transitions and even about how to move from one to another kind of phase with increments and without necessarily feeling that extreme changes need to be taken.

Well maybe I will agree with your assumption, it is quite reasonable to digest especially in terms of adjustments when the situation is really unfavorable or unfavorable, if indeed there are one of them the investment actors got a situation like this then I hope they are not at their wit's end, or that means they can think of finding other alternatives as a solution to the problem... I understand they want to keep the DCA approach to investing that they've always done, if your situation suddenly worsens and makes it difficult for you to continue doing the same DCA then maybe the only adjustment they can make is to follow your approach @jay. This is not the end of your approach to bitcoin investing but maybe just a little problem that I think is quite common in the real world in the lives of everyone including yourself who is experiencing it. They can start from a smaller amount than usual in terms of accumulation to be allocated, that's fine because it's still possible to do, and well keep a serious mindset according to their plan at the beginning, agree with "without worrying too much about it" as you said. Stick to your best plan even if the allocation amount is slightly smaller due to the situation that befell them, the important thing is that you can still remain consistent.

If you continue to do it consistently for at least 4 years then it is quite clear that allocating only $10 / day is quite large when calculated over the next 4 years, and of course I think you will feel a sense of satisfaction when the time comes. The point is that this is not the end of your investment approach through DCA, because there are still many ways of adjusting that still seem reasonable to do, I hope they can still consider it perfectly when they are in such a position, and also of course to make a decision that they can be sure that it is the most appropriate.