Quote from: coinlary on Today at 09:58:21 AM

Quote from: Mayor of ogba on February 24, 2024, 08:32:39 AM

The DCA strategy is not mainly for the poor or people with insufficient funds; the DCA strategy is for both the poor and rich guys.

Dude! that seem a little bit controversial, you could have use the word "no class" instead but the point was made though.

Quote from: Dailyscript on Today at 02:11:29 AM

Quote from: JayJuanGee on February 23, 2024, 11:21:56 PM

The situation in our environment will have a strange impact when we suddenly have great wealth because the investment we make in Bitcoin will never be known by the people in the circle where we live. Well, as you said, of course it is true that many Bitcoins will disappear from circulation because their owners die. I imagine that in the next 30 years Bitcoin circulation will certainly become thinner due to many reasons. Even though that is my assumption, for now it is true that if they don't pass on the private key to their family then there is no way for their family to own their BTC.

I partially disagree with you that most of the bitcoins that would be out of circulation would be as a result of the demise of some holders of bitcoin. There are thousands of people holding bitcoin, and no one is foolish enough to think that he would not have any preparation for securing his bitcoin for his heirs to inherit. At least not in this era, so many solutions have been brought to harness this situation of losing funds after the death of someone. Many bitcoin wallets have been dormant but were later considered to be lost. Yet after ten years, we would see a transaction taking place in that wallet. How come? Maybe someone found out the lost or hidden key phrase.

In the future one main thing that will reduce circulation is mass adoption and holding long encouragement. Imagine if 25% of the global circulation buys bitcoin; there will not be enough to circulate if this set of people and the previous investors hold their coins for 10 years or more. There will be a very high demand for bitcoin but no one will accept to selK. This will cause to the increase in value.

Yeah you might quite disagree but you should understand that those demised are also holders which will definitely be holding forever so in one way they will still contribute to the scarcity.

When a wallet seem dormant on Exch. Wal. what do you expect a free give out or lock out ...... and you should know that people don't make plans like that because of trust issue in human nature until last minutes , it good to make plans generally maybe behind their back but exposing it to them sooner how are you sure they won't fuck it up early??and that why lost wallets kept on increasing over the years.
Nothing is easy but it's good to make plan though!

DCA can be a valuable strategy for investors looking to build wealth with Bitcoin or other volatile assets regardless of their level of experience or the size of their capital. Its a simple yet effective approach that aligns with the principles of disciplined, long-term investing. DCA encourages a long term perspective on investing.This can be particularly beneficial for new investors who may be intimidated by market volatility.Instead of needing a large lump sum to invest individuals can start with smaller amounts and gradually build their position over time. DCA helps mitigate the risk of investing a large sum of money at an inopportune time.