Quote from: Richbased on February 22, 2024, 02:18:49 PM

Quote from: Gormicsta on February 20, 2024, 03:36:57 PM

Quote from: JayJuanGee on February 19, 2024, 06:19:51 PM

I appreciate any comments, feedback and/or criticisms of those hypos.. so yeah, thanks for looking through them.

Yesterday when I went back to them, I was having a little bit of difficulty remembering why I had created them in the first place, and I had thought that they had some other information in them, so I was a bit frustrated when I needed to add a summary regarding the results of each of the categories.

I believe that my initial idea in creating the categories in the way that I did was because once the frameworks were established, then guys should be able to extrapolate other kinds of results.. but the main points were being made that involve showing how various investment approaches would vary over time, and of course, I wanted to be able to mostly emphasize ongoing DCA into each of the models because historically it has remained an important constant in bitcoin that can be measured in terms of its historical results, and I still believe that historical results does not guarantee future results, even though we can see through the various hypotheticals where guys would currently be based on varying timelines and perhaps whether they might have had some abilities to lump sum invest and/or DCA.. and most people should be able to employ some version of DCA as long as they have some discretionary/disposable income.

There surely are going to be some guys who would have had been able to beat strict variations of DCA, even within the timelines of the given hypotheticals, and so I don't have any problems with that, but I do have some problems with guys making arguments that proclaim some kind of generally applicable system that involves suggestions that they are able to beat DCA.. or they have it all figured out when to buy and when not to buy, and to suggest that newbie normies should follow such systems that they are likely not even able to articulate with any kind of clarity, and likely more than 90% of people are not even capable of developing some kind of a BTC trading system that would match or beat some variation of ongoing consistent buying that involves DCA, especially over longer periods of time such as when we are getting into 5-10 year timelines.

Sure there are ways to trade and even be profitable and even to be able to consistently beat the market or to beat some kind of a strict DCA approach, but those tend to be both specialized people and also not applicable to around 90% of the population who might not have time and/or abilities to engage in such tactics or to learn such tactics.

I find it remarkable that you paid attention to the emotional side of investing. This is very significant, yet I believe it is frequently ignored. DCA can help you control your emotions and make more logical decisions during the sometimes difficult and emotional process of investing. I think that fostering discipline is another way that DCA may assist with the emotional side of investing. It can assist you in staying true to your goal and preventing hasty decisions because you're investing a fixed sum of money on a regular basis.

The way you addressed the issue of those who believe they can "time the market" with Bitcoin or any other investment is also very impressive. These assertions contain a great deal of survivorship bias: individuals who timed the market well will talk about it a lot, while those who didn't will probably say less. Since most people are unable to time the market effectively, DCA can help reduce the risk associated with attempting to do so. I really appreciate how you make the point that it's not reasonable to anticipate that beginners will create a profitable trading method. DCA is a considerably more approachable and controllable tactic.

Basically, investment ought not to be done with emotions that's why beginners are always adviced to go for a long time investment rather than short term investments or trading because long-term investments gives one the ease to make investments and watch it grow as time goes on whereas a short term investor is just after the short term peanut (profit) that would be gotten forgetting to understand the high risk that is associated with it and they always get acquainted to monitor the activities of their investments thereby not giving them time for other things rather always watching the activities of the market.

JayJuanGee have been a good motivator of long term investment in this forum and has made few who are interested in the buying and hodling process to understand the basics of being a long term hodler. With the use of the DCA have also made it easier for everyone to be involved in buying and hodling at regular intervals unlike some persons that only wants to buy and hodl at ones and maybe stop buying again and the consistency in this DCA method have even helped a lot of Bitcoin investors to acquire as much Bitcoin even more than their expectations.

Indeed, the emotional aspect of investing has been often overlooked but it happens to be one of the most important aspects of Investment, it can indeed be very tempting to make certain rash decisions concerning your investment due to a few reasons you feel should be tackled immediately, but that's often a recipe for disaster. But with the help of long-term Investment, you'll be able to take a more levelheaded decision because those decisions are not products of tension and anxiety. Rather than getting caught up in the dramatic trends of the market, you'll focus more in the big picture with your eyes on the goal and that's what will help you make the right decisions.

Short-term Investment on the other hand can be really emotionally draining and very stressful too, especially for new Bitcoin investors and newbies.
Long term investment is a lot more stable and less stressful, you can just set it and forget about it and then you just have to check in on it periodically which isn't even mandatory, because whether you do or not, the Investment would still be going as it should.

Indeed, JayJuanGee has been an incredible advocate for Long-term Investment and DCAing. And without a doubt, his levelheaded approaches has definitely inspired a lot of people on the forum and has also provided helpful guidance for people to make the right decisions on the right Investment approach to employ to ensure they minimize the risks involved in Bitcoin Investment. It's amazing to see how one person makes such an impact to this community.