They are too focused on the price of one bitcoin chip and feel that the money they have is not enough even to buy 0.1 bitcoin which causes them to think that the price is too high, and I also think the same thing, that there are still many people who do not realize that DCA is the most appropriate strategy for people with low, medium and sufficient income, even though with DCA we can manage it according to our abilities.
This thread is very helpful and I hope a lot of people continue to talk about this, because I think discussing in this thread even with the reviews piling up and repeating, but the usefulness will come to each new person who comes to this thread.
If someone looks at the price and purpose of 1 piece of bitcoin then of course it will be expensive 1 BTC is too high so if you buy 0.1 BTC it will feel very heavy if you do it at once, with the DCA method you can have 0.1 BTC even up to 1 BTC if you continue to do DCA all the time let time be the process of how we continue to accumulate bitcoin so on with the DCA method.
People who have not realized DCA are usually ordinary people, who have not been involved in long-term investment for a long time while DCA has been effective for low investors with minimal income even though the salary is minimal every month you can still do DCA if your financial management and cash flow still have leftovers then spend more on bitcoin.
In fact, I am happy with this thread, we can see how they do DCA all the time, funds how their process journey as I told above until now is still doing DCA even though the level of input is small but I already have more than 0.1 BTC from siganture the rest is in another wallet as the main wallet.
That's a mindset mistake that must be avoided if we want to succeed in achieving what we aspire to. Not a few people have big dreams and want to achieve them immediately. But without them realizing it, they forget the foundation that must be built from the bottom. Likewise with bitcoin investment, if you want to be successful in owning a large enough amount of bitcoin assets, of course you have to do it gradually (for people who don't have a very large income). Because I think that's the only way to achieve it.
And DCA is an effective way to make those purchases. Even though the time required may be long, it is all relative. Because it all depends on how the DCA is run and how much money is included in the DCA strategy. Apart from that, the price of bitcoin will also definitely have an effect, if for example doing DCA when the price of bitcoin is high (but this doesn't need to be taken into account too deeply). So the most important thing is to continue doing DCA on bitcoin, and determine the goal.
Although in this thread could say there is a lot of repetition in the review. But I think it can be a good reminder for us as fellow bitcoin investors and will definitely be a good lesson for beginners who see and read this thread.