Quote from: Salahmu on February 06, 2024, 05:10:21 PM

Quote from: Nanga Parbat on February 06, 2024, 04:28:24 PM

It is important to act or invest without knowing the risk, but it is better to identify a suitable opportunity. Always keep your financial goals in mind and make trading decisions based on that. Diversify your investments to minimize risk. Prioritize taking shelter even in exceptional circumstances. Use your cash wisely and make informed decisions.

Why would you think about trading instead of long time investment, I don't know your perception on trading but believe me is not how you envision it to be, however you seem more like someone who doesn't really understand anything about trading you are talking about and the risk involved, perhaps that's the reason why most people especially the new ones get into trouble because they see Bitcoin as an easy way to make money through trading without knowing the risk involves, perhaps the earlier you change your narrative on Bitcoin the better for your Bitcoin journey because as a new person on Bitcoin investment all you should have been thinking is how to invest on Bitcoin and hold for a long time, however DCA strategy is actually there to guide you all through even when you don't know much Bitcoin investment because that's the only way you can be free from losing your investment through trading you were emphasizing on.

Most of the new investors think that Bitcoin investment will only give them profit and they get the impression that they will only keep buying Bitcoin at low price and selling Bitcoin at high price, but they have no idea whether they are investing or not. We know investing and trading are two different things but trading is more difficult than long term investing. A trader should always be active and understand the market well because he is trading for a short period of time and aiming to make some profit, so he must buy coins at the right time. But in case of long term investment there is no such pressure or any such problem. If an investor invests in a long term plan with a little understanding of investment risk and some patience and if he continues to invest consistently then it is definitely positive for him. Since in long term investment plan an investor is buying bitcoins step by step for long term purpose, there is no need to worry about the market or whether he is buying coins at the right time. Since the plan is long-term, he can invest in every market condition.

I always say this and always believe that investment is much safer than trading and investment is much less risky and investment pressure is much less.

Quote from: boyptc on February 06, 2024, 11:52:22 PM

Quote from: Troytech on February 06, 2024, 11:26:42 PM

In this thread we are on the fact that holding Bitcoin profits more than any other practice you can engage in with bitcoin, be it trading or short term investment.

As someone who has been holding for so long, I can attest to this. I've trade and tried to relied on it but it didn't do any good for me. It's stressful and needs more time to focus on.

While for holding, it's just there and no need to do such things but to accumulate and have more through DCA. Proven and tested and very effective.

If you are an experienced trader then good luck to you but talking about those new members who just started investing or trading. I believe that those who have enough knowledge about trading and who have enough business skills must have their own investment and trade along with investment. But you will find some new members who have no idea about investing as well as those who have no idea about business they decide to invest or trade only based on the success of others.

I am not saying that all new investors or new tedders are wrong but there is a class of traders or a class of investors who have the mindset of directly relying on others. When it comes to investing or trading, nothing can be done by depending on others, you should always believe in yourself. You talked about traders as well as you talked about DCA investment strategy.

Investing and trading are two different but similar types of investors who start by investing first give their investment the highest priority as well as continue trading if they can afford it. Since trading is done for a limited period of time, investors consider trading as a separate source of income but their main focus is on their investments.

Quote from: Mayor of ogba on Today at 12:39:39 AM

I do not know why some people see DCA and holding as the same thing. DCA is a strategy used in accumulating bitcoin at regular intervals, and it is usually used by old and new investors because it helps to take care of the volatility of bitcoin in your bitcoin investment. Holding is your ability to hold bitcoin after you have accumulated it with the DCA strategy, even when the bitcoin price is increasing or decreasing to the expected year you want to sell it.

DCA investment strategy and holding investment are two investment strategies that are interrelated, which is why holding and DCA investment strategies are always discussed together in investing. You may ask me that if I invest a small amount then can I hold my small amount for a long time without DCA investment? Yes of course you can hold your small amount of money for a long time but DCA strategy is considered as the most important investment strategy in investing today to make the investment easier and consistent and to maintain that consistency for a long time.

No amount of investment is small, but investors invest with some purpose, so if a small amount of money can be invested and held for a long time, then that small amount of capital will not give us much profit. So investors can grow their capital without taking pressure and can maintain this consistency for a long period of time, DCA investment method is currently invested in.

Just as electricity was a great discovery in science, you can say DCA investment strategy is a great discovery in investing.