Quote from: eye-con on February 19, 2024, 03:38:46 PM

Quote from: Su-asa on February 19, 2024, 03:16:00 PM

Yes of course there are many reasons why DCAing strategy is not same like lum sum, DCA strategy makes you to invest low amount on Bitcoin so with tim you can accumulate enough figures of Bitcoin.
With lum sum you won't be able to accumulate Bitcoin frequently, when I made a plan to buy Bitcoin I didn't get to know that I have to make sure it doesn't affect my expenses life.
Like DCAing makes you invest and you have to not let the accumulation process not affect your expenses.

Another good thing about DCA, it has a lot of advantages. aside from what you said of which is that it won't affect your budget as you can allocate small funds to your investment over time. DCA allows you to buy Bitcoin at different amounts over time, which might not be possible if you purchase it in a lump sum. Some investors may not have enough money if Bitcoin's price suddenly drops when they have invested all their money at once.

Yes exactly, with the DCAing method you can start from investing a smaller amount then you keep on maintaining the standard amount and sooner you might get another opportunity which might make you increasingly increase the amount which you allocated to your investment (from investing $15 to investing $20 or $30 in Bitcoin) and other things are it doesn't matter how much you put monthly what matter is how consistent you keep on buying.
When you bitcoin of $30 every month a year is =$360 and during the year there might be a month when you will allocate more than $30 that's why you have to keep on buying so you can meet up.