Quote from: Hallroom on Today at 01:29:12 AM

Quote from: Roseline492 on February 09, 2024, 08:01:40 PM

Quote from: $crypto$ on February 09, 2024, 03:32:37 PM

Quote from: wmaurik on February 08, 2024, 03:00:44 PM

I also think like that because logically, people who are trying to collect Bitcoin and hold it for a long time don't immediately think about selling in the near future, so it is very feasible to use the DCA method in that case. Meanwhile, trading is a very different job from collecting because the people who trade in the market are people who are targeting profits in a short time or quick profits in a certain amount so it cannot be compared to people who are collecting Bitcoin by run the DCA method.

Clearly, trade and DCA have different meanings.

Trading has a high risk of short-term profit and you are like risking your money in the market, when the price goes up you profit when the price goes down then you will lose then it is trading.

Accumulation with DCA has a very low risk, in fact I dare say there is no risk if you do not sell bitcoin midway due to emergency needs.
With DCA you can have an average price because DCA purchases all the time from the price going down to going up if the time is for the long term then it will continue to do that task if you are still able but I believe using DCA in the future will have better results than trading.

Perhaps this is the reason why holding is the best because it allows you to have a rest of mind and free from emotional troubles of having to lose your funds because of trading, actually considering the risk involves on Bitcoin trading I wonder why most people always choose to trade because irrespective of the little profit they will get from trading or if at all there would be any, it can never be compared or measured with there Bitcoin investment if they will hold it for a long term. However DCA has been very helpful in guiding investors on the easier ways to accumulate Bitcoin.

DCA method is good for all investors, because investing in this method controls the average level of Bitcoin price and saves a lot. DCA method is best if bitcoin is bullish, DCA method is best if bitcoin is bearish. In all cases investors are able to sustain the investment for a long time by taking savings from this DCO method.

But this is about buying at the point where we see the lowest and taking into consideration whether we sell it or not when we have profits, we cannot go ahead just like that, if we are buying and selling then it is the option of each person, but I believe The best thing about this is thinking about the future, not doing things that are done just to make profits of a few dollars, buying in the dip is the best opportunity to have bitcoin.

Buying later Hodl is what I will always recommend, there is no other way, for me it is the best, and that is what many have not learned, I think that is one of the things that can be worked on, especially in the people who want have results at once, you have to have a lot of patience, you shouldn't put the things you earn only a little bit on, the best thing you can do is invest and wait, it doesn't matter what you have to wait for, it's because we will have very nice profits, if we think about what we are going to win we will be able to wait a long time, it is bitcoin, it is not just anything.