Whether we are talking about shore term or long term, there is no guarantee of profit, yet I frequently like to suggest that we are not really investing unless we are planning to stay in at least a whole cycle...otherwise there is just an attempt to play the swing.. and even someone with a 4 year timeline might be trying to play the swing of the whole cycle.. which I would not really consider that to be investing either..
But any event, anyone who has been investing is advantaged by having had been investing... surely you are correct about that.
So then the next question for everyone else is that if they have not been investing, then they have to figure out if they are able to establish some kind of confidence regarding their disposable income and if they have any of their disposable income that they are able to allocate towards bitcoin.. even if it might ONLY be $10 per week... it is likely better than nothing.. but surely, I like to suggest $100 per week, even though I know that some people do not have that level of disposable income, so they just have to figure out how much disposable income they have and that they can allocate towards bitcoin in order to have good chances of having more options for themselves 4-10 years or longer down the road.
Well nice to for suggested, Your advice seems to work, but when a person has a weekly income of $100 or less, I think they should follow the DCA method and deposit at least $10 per week. After 10 years it will be seen that he has been able to make a good profit.
What I think is most important here is that if a person wants to invest even $10 per month, then after 10 years he will be different from others and profitable.
from the tome of your responses, it's possible you're still trying to figure out if you can buy with a greater amount or you're yet to start starching at all.
Investing $10 at the end of every month as a DCA strategy only goes to suggest that you're possibly playing too safe maybe because you're still skeptical about the fate of Bitcoin in the future and wouldn't want to risk investing a greater amount into it. But if my assertion is wrong and you're currently DCAing with the $10 a month, then I should tell you how much you would have starched up in the next ten years you're looking at so you can see things better off by yourself.
$10 a month ×12 months =$120
$120 a year ×10 years should give you = $1200. That means that at the end of making a ten year starching, you're only able to get $1200 worth of Bitcoin.
What would be the value of $1200 worth of Bitcoin in the next ten years? Let's assume that Bitcoin doubles it current price or triples it, as long as the quantity of your starch isn't much, your profit wouldn't be much also.
But let's assume you're DCAing with 20% of your $100 weekly pay;
$20 a week × 4 weeks = $80
$80 a month times 12 months = $960
$960 a year × 10 years = $9600 in the next ten years which is a reasonable amount and average person should hope to starch up in the next ten years.
Maybe we should be frank enough to tell ourselves some bitter truth that we can't achieve most of our goals if we are trying to do things in our most comfortable way. I'm never suggesting you invest with an amount that will inconvenience your life throughout your holding stage but pushing yourself a bit further would still do you good in the long run.
Your analysis are correct, people are now confronted by the term of investing only what they can afford to lose, making them now involve investing pennies in their investment portfolio, they actually forgot that anything worth doing is worth to be done very well. Profit to be made from Bitcoin investment is not on an outcome of probability nor a guess, the historical stats are there right from the very beginning we have experience DIPs but always exceed every previous ATH just after every halving.
Your calculations is well strategiesd, the sweet thing about investing in Bitcoin using the DCA method is that you aswell get to buy from DIPS, a 10yrs investment planning is combined of two Bitcoin cycles which the market must DIP allowing you buy at a very lower price. Your supposed total calculation of $9600, we can consider it low since we get to buy the DIP from each cycles.