Example 8: This person has similar circumstances as Example 4 with mostly a lump sum investment towards the earlier stages of his investment.. and so there will be a bit of an assumption that the lump sum investment amount will have come from saving $10-$15 per week through most of 2016, 2017, and 2018 (so we will estimate be a bit generous and estimate the savings and lump sum amount to have had been $2,400), and so if the purchase of BTC was made based on BTC prices through out 2019, we might have to estimate an average cost per BTC around $7k, which would be around 0.32432432 BTC, and then if we presume $10 per week investment into bitcoin starting on April 1, 2019,
(rather than merely 18 months), so the
DCA portion of his investment ended up being $2,510 and accumulated about 0.15787 BTC, and so his total invested would be $4,910 (lump sum of $2,400 and DCA of $2,510) with a total amount of BTC 0.48219432 (0.32432432 + 0.15787). (currently worth around $20,493).
So part of my point in showing example 8 is to suggest that a guy is going to likely be better off to include DCA into his investment approach, even if he might start out with a lump sum, and surely, even just getting started with DCA right from the start (which example 7 shows) would have performed even better results than example 8.
If there are some facts that I am missing, then let me know, yet I stick by my assertion that anyone new to bitcoin, should get the fuck started as soon as possible, whether that is strictly just DCA while trying to figure out matters, or maybe lump sum investing and then supplementing with DCA until reaching some amount of BTC accumulation that is comfortable for his situation or at least triggers him to adjust his approach.
Surely, I have no problem with the idea of also holding some money aside in order to buy on dips too... but if the buying of BTC is quite regular in the earlier stages of BTC investing, there are going to be periods in which the BTC price dips and since DCA is already taking place, then buying at those lower dip prices would also be taking place under such dip conditions..
What I'm learning from example 8, is that while lump suming might be a good strategy to start with, it's better to also include dca in your accumulation strategy for maximum output. From your example 8 the guy actually accumulated more bitcoin from dca than he did from lump sum even if he started with lump sum first even with almost same amount. I think I should just start with dca and see how I can plan out everything, so if I have a start up capital that I would use from my savings about 200$ I could just divide this amount into smaller pieces and invest them on intervals, and if dips occurs or not ill still be on the winning side or do I still need to worry about buying dips if I'm using only dca. Im definitely cool with dca cause from your examples I think dca is the best strategy for a newbie like me then I can learn more about buying dips and all that, and judging from my capital, how much would I be keeping out for dips, I just think its not enough, so I'll dca first, then I can add other plans later. Although I had already invested 10$ into bitcoin last week, I going now i can move a bit slowly, while getting more capital to fund other strategies.