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.
The DCA investment method is that first you have to divide your capital into several parts and after dividing the capital into several parts, each tiger amount has to be invested in different positions of the Bitcoin market. If there is no fixed time table in the DCA investment method, you can invest at any time according to the market position. It doesn't matter if you invest in Bitcoin a little earlier or later, the important thing is that you can invest in Bitcoin regularly. Some investors invest a portion of their salary in DCA investment method. When investors didn't know about DCA strategy investors used to save little by little to invest but since knowing about DCA method investors are now investing little by little instead of saving little by little.
Investing is like joining a new school, if you join a new school, you feel very nervous on the first day and you don't want to go to school because you don't have friends for the first few days. But I think those who can start investing by keeping this fear aside, find it very easy to invest and after investing, they start planning their investments for long term and continue to invest.
They will want to hold their Bitcoin to get bigger profits after seeing what happened from 2013 to 2017. They will wait until the price increases to be very high before they sell it. That is an example because I am sure each investor will have short and long-term plans.
Anyone who looks at Bitcoin's past history is bound to believe that investing in Bitcoin and holding that investment for a long time is the most profitable of all. You will see where Bitcoin's journey started and where it stopped. Since 2009 till now, Bitcoin's popularity has increased as well as the value of Bitcoin has increased a lot. There are many investors who are just watching the market but haven't dared to invest. Those investors have been watching the market for years and missing opportunities and regretting not being able to invest. Investing in a short-term plan by understanding the market may give you some profit, but if you hold your bitcoins for a long period of time, bitcoins will give you much more than you expect. We cannot covet a small amount of gain for the sake of this much, we must aim for something much bigger.