Quote from: FinePoine0 on Today at 11:31:35 AM

Quote from: Wind_FURY on Today at 07:56:58 AM

Quote from: Marvelockg on March 28, 2024, 08:31:08 AM

Quote from: Wind_FURY on March 28, 2024, 07:31:26 AM

Plus plebs like me who are just starting during this cycle should be with an attitude that any "life-changing" amounts of money can't be earned in merely one cycle. For the 90% of us participating in Bitcoin Land, it will probably take three bull cycles, or probably more. Plus to those people who are willing to risk it by participating in some shitcoinery, do it where the market is denominated in Bitcoin. Do it in Bitcon DeFi, it might be one of the biggest narratives during this cycle.

well, it depends on how much you've been able to gather at the end of each circle and whether or not your goal is to gather as much as is needed to ensure you don't necessarily have to work once you've sold off your holding. It's good we make it plain that the reason why you're accumulating or investing in Bitcoin will not be the same reason why the next person is doing his and this will go a long way in shaping how he goes about with his investment and how long he desires to hold and remain in profit before selling his holding. For a young guy who's receiving some stipends from his parent while in school and decides to put them into doing regular DCAing once the money comes in, he can decide to work with just investing for a single circle or two circles and take out the proceeds of his investment into starting an entrepreneurial business of his own and as long as that's his purpose of investing in Bitcoin and that he has archived that purpose, then he has made a good investment journey.

I know that generally speaking, what puts you at a better profit margin is basically how long you're able to continue stacking and how much you've been able to stack within such period of time but if the resources are available, a guy can use two circles to stack way more than what another person will be able to stack within four to six circles if the latter use a DCA amount that's not big enough so in essence, it's not just about staying too long that gives you good profit out of your investment, it is actually accumulating as much as you can within a stipulated time frame and then selling when you've reached your investment. If you've reached your goal by just accumulating within a single circle or two, you will still be in profit and if you can still go longer and continue accumulating along the way, it will still put you at a good advantage.

Although that's true, I'm basing my post from the viewpoint of plebs like me - who have just recently started their accumulation of Bitcoin. We don't have the capital like BlackRock or Warren Buffett. Because if the plebs did, I'm very confident they wouldn't be buying Bitcoin with almost 100% of their savings during 2019. Hahaha. They would be buying houses and yachts, or the next new sports car. Cool

Plus the other point is to always be humble, and stack sats.

We found ourselves currently accumulating bitcoins with small amounts of money only since joining this topic. As much as possible we are trying to accumulate enough bitcoins, feel useful from the day we start accumulating bitcoins. Only DCA method is the best method to invest, there are many big investors who can convert their capitals into Bitcoin.

That can be misleading, irrespective of that fact that the dca strategy plays a very vital role in Bitcoin long term investment of which it's benefits are too numerous the reason why it dominates the thread, it will be very wrong to proclaim that the dca strategy is the best method, yes undoubtedly dca is a very good strategy when it comes to Bitcoin long term investment. But however, if only you have reading most of our previous pages you would have find out that this argument of which is the best strategy has been summarized in such a way that every investor must make an informed decisions as regards to the choice of strategies that will suits him or her in terms of

Financial situations

Investment goals and objectives

Risk tolerance level

This are what should be considered when making choice of strategies to be employed during your accumulation process.

We have talked about the lump sum, the dca, and buying the dip and they are all talking about how to maximize every opportunity and buy as much as possible you can and hodl for as long as achieving your investment goals and objectives and this should be your most concern and not trying to make any comparison of which is the best.
I just hope this will make sense to you.