so... let me just mention that if you had started investing into bitcoin at
$100 per week since your forum registration date, then you would have invested right around $34,200 and you would have had accumulated 2.9473 BTC (current value of $212k, so decently in profits in comparison to the amount invested). Of course you can adjust the amount to whatever your own budget would have had been over the past 6.5 years, and you can also consider whatever you have been doing in terms of shitcoins and consider whether you are at least performing close to the same or better than a strict BTC accumulation practice that would amount to DCA investing.. I doubt that you have better results, and especially results that are repeatable for other normal people who might not have time to fuck around figuring out which shitcoin to get involved in.
Ordinary investors deposit shitcoins in the bank for a fixed period of time and got 5% profit on principle amount.... is it sufficient ? But what if we were to invest in bitcoin! How profitable it would have been ! Actually there are many people around me who are investing in shitcoins. DCA is a method that is flexible for everyone, it does not put any pressure on the investor. Because of DCA investors like us are stuck in bitcoin. I look at our portfolio at least once a day and am excited. We want to increase the size of the store, for this we need to increase the savings, the sale should be excluded for the time being
Using DCA strategies in shit can be damn risky, just as sir JJG said they are not long term investments that have any fundamental and/or long term value. like that of bitcoin.
DCA is especially a different formula for Bitcoin, comparing it to shitcoins is debatable, as the two principles are different. But I need to get experience from both. DCA is the strategy that combines sound planning with long-term savings. This also suggests signs of encouraging Bitcoin holdings.
But at the end that particular shitcoin experience a great dip your losses would be much due to the quantities you have stash in your portfolio and most time there's high chances that it won't bounce back.
I couldn't agree with you, because even in case of shitcoins long term investment you will get more or less profit. Yes ... you can expect incredible profits by investing in bitcoin. Shitcoins can't even come close to that.