I know quite a few people in the real world who seem to respect my opinion and frequently want to talk to me about bitcoin and various other financial matters to get my opinion, so it seems that they respect my opinion and my judgement in a variety of financial, economic assessment matters,
I am not surprise to hear that other also find it useful and appreciate your advise/opinion because, i myself is a beneficiary of your posts, I tend to derive important advises from your post, especially the ones in this topic. I must confesx s I see you as a model and I'm pretty sure other sees you the same way, with my little say here in this forum I have come across some of your post which unintentionally give me idea in regards to my problems at that time of encounter.
Yeah, but this thread is not about DCA, even though that is what a lot of members seem to want to talk about.
I have also observed the way member comment on this thread talking more about DCA, a newbie without enough knowledge about accumulating of bitcoin might think it's the only strategy used, I'm not against DCA but, even if it is the most practiced strategy that does not mean the rest aren't favourable. I prefer adding both DCA and buying the dip, since you introduced that strategy on one of your post I fell in love with that strategy. It might seem time consuming and it involves frequent price monitoring but it seem the best strategy I have practiced since I started holding.
In my opinion, the main reason why people deliberate more on the DCA discussion is because it is mostly practiced by new investors. Many old investors opt for lump sums. A lot of people cannot buy BTC and hold without accumulating some portion of it if the price dips because they feel unsatisfied with the amount of their holdings, or they are entirely into buying Bitcoin. You can call it an obsession or aggressive buying. Now, the safest method they feel for gradually accumulating these small portions of BTC is through DCA. So, I understand when people talk a lot about DCA because they have their way of applying it so that they can purchase BTC. Many individuals engaging in this thread's conversation are here for learning and seeking opinions that will help them manage their Bitcoin, as well as to see what others are doing to compare with their methods and determine what works best for them.