Quote from: Wind_FURY on Today at 09:01:58 AM

Quote from: Odohu on Today at 07:42:59 AM

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The DCA method may seem simple to follow but I reality, it require a lot of discipline. Just like every other thing that involves money, emotions will always be engaged in the DCA method so care must be taking to avoid yielding to pressures even while applying the DCA method.

Some of the temptations that can come up include but not limited to the pressure of trying to sell when the portfolio becomes too big. There is a way the money will grow and we begin to imagine what we could achieve with it, this is where the temptation of selling come from.

Furthermore, I have seen a case of someone using the funds for DCA in buying something else. His emergency fund got exhausted and he needed more money for his needs. This is one of those things that can come up even when you think you have got everything planned out.

That's very VERY true no matter what path you're following, whether it's DCA, Buy the DIP, or a hybrid of both. For us plebs with limited capital, it's much better to be more efficient with our money and take advantage of the opportunities during discounts.

But many individuals always say, "But the DIP always goes lower". That's true, but you'll definitely get more units of Bitcoin by purchasing it at $39,000 than at $45,000.

I won't suggest a hybrid strategy because it interferes with the DCA and if once we skip the investment period then it will become a habit and humans always get distracted I will say anyone who follows DCA is just preparing for a very long-term journey so they better keep investing the certain amount weekly or monthly no matter what the market condition is.

And if they are tempted too much by the DIP then they should buy from other source of capital not by skipping and accumulating their DCAing capital.