Quote from: Tmoonz on Today at 12:23:25 PM

Quote from: laijsica on Today at 09:24:55 AM

Quote from: JiiBs on Today at 08:04:54 AM

Quote from: Justbillywitt on Today at 07:43:53 AM

Do you know that what makes most newbies to sell off their Bitcoin investment is a major price decline of bitcoin. For instance if they bought $2k bitcoin at once and when their is a decline in the market and their capital go from that $2k to around $600, this could trigger panic and the thought to salvage what's left. This could have been avoided if they were properly oriented about the DCA method from the beginning and they utilize it. If a newbie invest using the DCA method and there is a decline in the market and his capital didn't record a big decline, I bet you that newbie will not sell off his portfolio. He will see it that his capital is not badly affected.

It would obviously be the case of orientation and not having the clear idea on how these things happen in Bitcoin. Mind you, when there is a decline, it always depends on the position at which the individual had taken a buy and for someone who buys using the DCA strategy, you don’t always get to buy at a low, you could buy at a high price too. It’s always available funds determinant rather than the price on the charts. If this be the case, it’s always very unlikely that your capital wouldn’t be hurt on a decline except, in obvious cases where you’ve already bought a huge volume when the price was low and some worth volume while it was high. The high and low would tend to balance off profit/loss in price differentials.

In many cases you can lose big and gain in market ups and downs it depends on opportunity and timing. Actually you can't buy BTC cheaply even if you want to even though you have keeping DCA strategy enabled. You may not have enough money on hand during the bearish BTC price trend in the middle of the month but you have the potential to buy at the end of the month. One claim of this market trend is to regularize the long-term DCA strategy, because when you buy BTC on a regular basis for a long time on a monthly basis the extra money ends up with household expenses In 5-10 years you can own a large BTC portfolio and one benefit of keeping DCA strategy in parallel with daily household expenses. Here you should aim to carry out DCA on a regular basis regardless of the prices between months or years, making it much easier to stay free from trading pressure.

That is shitcoin way of talking, and your expressions are some worth contradictory and you really need to figure out what you are saying,
It doesn't take thousands of dollars to start investing in Bitcoin you can be buying in fractions you must not buy a whole Bitcoin, and you have to figure out when you have to make purchases with you DCA whether weekly or monthly considering your financial situation,

Your Bitcoin investment don't have to be in parallel with your household expenses rather your investment should depend on how much of discretional/disposable income you have, after taking care of your basic needs, and making provisional emergency, reserved and float funds, in other to have a smooth running of your investment without selling it to solve family problem when your investment has not matured enough.

As you have extra money to invest in Bitcoin, you are going parallel to meeting the needs of the family. It is a form of your wealth which manifests itself in DCA strategies. It is clear in my writing that it does not require a lot of money to implement. If you have $3k monthly income, the cost for your family is $2k the rest of the money you can invest in Bitcoin or others additional expenses and all elements are continuing parallel. DCA investment is a universal matter, it is not necessary to have a lot of money, it is a topic discussed many times. Since my income is on a monthly basis, I have highlighted the monthly investment, you can invest in this strategy daily if you want. It is entirely up to you.