Quote from: ginsan on Today at 06:50:05 PM

Quote from: JayJuanGee on Today at 04:25:40 PM

By the way, don't get me wrong, even though I suggest DCA as the best default system to get started in BTC investing, I also consider that it is not the best for anyone who is able to put together some combination of other systems that also might include DCA as a supplement or as a kind of hybrid DCA, so in that regard, I appreciate any front load lump summing and even front load DCAing, that also includes attempts to buy on dips during the weekly DCA, especially in the earliest stages of building a BTC portfolio, but surely if someone is brand new to investing and/or BTC, they likely are not even able to do any of those other fancy strategies, so they are likely going to be in a way better position to strictly DCA an amount of money that is reasonably doable for them, and it likely would not even be beneficial to for them to be spending time on various other strategies if they might barely be able to just get some kind of system set up to buy BTC regularly and then they have a lot of other things going on in their lives, since maybe the brand new investor might need to try to figure out ways to increase his disposable income so that he is able to invest more into BTC, and yeah if someone is in college (or some low income earning situation) they might not even have much income, so they might have difficulties increasing their disposable income until they finish their college and/or vocational training... DCA might still work for a person like that, if they don't have much income, they just would be setting a small portion aside while they are doing their studies.

Maybe if they could manage their financial flows better, I don't think there would be an obstacle for them to miss a single purchase at each stage. Yes, I mean if they directly manage their money from the start, for example they have $20k and they have divided several stages of purchases every week or month up to a period of 1 year in their initial planning. But sometimes they don't set a strategy like that, instead they set aside their salary every month to buy BTC, even that's also a good choice.

Yes, even though it's like that, I think every target in the first year should not have any obstacles or go through several stages because that can make us not consistent in our one main target. However, what is certain is that everything may not be perfect, and of course we can fix any gaps we have missed at the next stage by increasing purchasing more aggressively.

There is actually no better way of managing one's inflow during investment other than proper planning and applying these strategies of having an urgent funds because as a beginner, it is important to note that investment involves determination and self discipline and it can only be achieved when the needful have been put in place so that is the only way to ensure that we keep our investments running rather than becoming so slow as a result of some unforseen circumstances that may occur along the line.

Definitely, at the start of an investment you don't expect everything to go as you planned because you sure gonna come through some huddles but those huddles would stand as a yardstick that will propel you during your time of investment. However, when you miss out at any interval during your investment processes it is always hard to cover up the previous lapses that's why an investor doesn't need to give room to any form of distractions during the time of investment.