It sounds like you are misreading what I said.. and that is on you,. I stick by my original comments, which are largely responding to Wind_FURY's various somewhat seemingly ongoing and persistent (subtle and sometimes not) arguments against DCA and seeming attempts to suggest that there is some kind of objective best in regards to waiting and buying on dips or also dumbedly trying to suggest, as you seem to be doing Publictalk792 that whatever BTC accumulation choices are made are all relative and blah blah blah bullshit.
I'm sorry if I didn't say what you wanted to hear. There are different ways to invest in Bitcoin. Some people like to use DCA which is a safe and steady way to invest. Other people might choose different methods based on their own research and how much risk they're comfortable with. The best investment strategy is different for everyone and depends on what they like and what their situation is.
I bold the word
can be because this is according to risk. If you ask me I will also say that the best strategy is DCA but I was saying it for those who think differently who think according to their minds. Some of them are greedy some take higher risks.
Why is the emphasis on
risk? I have followed the discussion here and the focus is long term investment which is believe to be a low risk method. But your submission that has risk as the denominator is not definite and your opinion seem equivocal. What I'm saying is that for long term investment, the risk is minimal, hence risk should not be a factor of consideration during the buying process. It is expected that before even getting started, one would have decided that:
1. the investment is for long term
2. funds allocated to Bitcoin will not affect basic needs. Meaning that it can be kept in Bitcoin for as long as necessary without the need for panic sell
So long as the above are in well taken care of, the risk that many associate with Bitcoin are minimal. Ever since I started using the DCA method, I no longer worry about the risk that was ingrained in my head when I first started. I'm totally at peace and passionately adding to my portfolio base on my plans.