Quote from: Tmoonz on Today at 10:35:44 PM

There is no guarantee about that happiness even though we in are bullish trend, many we still fall a victim of being scammed and many might probably become overly greedy enough not to sell too soon and end up selling at lost while waiting for a multiple x and at some point those that also sell too soon might also be in deep regrets when there is a multiple x after they have sold, the truth is that there is no way we can compare Bitcoin to shitcoins.

comparing Bitcoin to shitcoins, is like comparing a whole planet to mountain. Investing in Bitcoin is more safer and have more growth potential, we all believe that as time goes Bitcoin would keep undergoing break through in price ( though it may not be guarantees) but am pretty sure of it . Holding shitcoins won't be a smart move , most are just for pump and dump scheme with no purposes. So such coin may dip without having any plan of recovering and it it by any chances recovered it would take alot of damn time . So just focus on your bitcoin accummulation and remove anything related to shit coin investing from your mind .to prevent any losses that can get one reckt.

Quote from: jossiel on Today at 11:34:23 PM

Quote from: Spaceman1000$ on Today at 03:00:29 PM

DCAing don't really matter if the market is high or low, so you don't have to wait till the market value goes down before investing. I agree with you about having an additional income or having a major source of income if you want to apply the DCA method, however making one big investment too is another strategy which is mostly the long sum method, which for me I believe is for people that have the purchasing powers to do so, however the whole idea is to best use a strategy that suits your income.

Just make sure that when you DCA, you're not spending the money that you're going to use for your food or utilities.

That's the reason why it is important to consider as well on what kind of money you'll use as you DCA. But some investors goes to the tough path and they're spending money that's allotted into something important but they are sacrificing that expenses to buy Bitcoin.

But don't do that, it's why we're all advising everyone to have some other source of income and only invest what you can afford to lose.

exactly, anyone that's doing such is just executing poor planning. The best way to Investing is not having good cashflow alone , but how you plan and handle things. By using the DCA strategy to accumulate according to your cashflow, set aside an emergency funds for covering expenses. And also have a reserved funds to use whenever one have the opportunity to buy using this other accumulating strategy to purchase. There's another important things , which is how consistent you are with your DCAing and to keep on learning more things on how to secure a good investment.