Quote from: Richbased on April 08, 2024, 09:36:38 PM

It has been discussed often times on this thread that there a various strategies to use in accumulating Bitcoin and of which as a beginner we all learnt that using the DCA strategy is the first step to buy and HODL and again we also learnt about the lump sum and the need for a reserved funds (emergency funds) while using the DCA because it is what will guide you not to miss your DCA at some point because that is literally an amount set out for miscellaneous and sudden expenses in the future, so instead of this future challenges to affect the DCA, emergency funds will sort those things out.

The DCA is Not the first step to buy, it's the best strategy to buy for most people because it will save you from stress unlike the DIP and HODL.

Secondly I think you are a little bit confuse about the emergency and reserved fund how it works, the emergency fund works as a fund to settle any emergency in the future like a life saving issues or a critical situation and can not me used as a meceleneous expenses, the reserve fund seam a little bit confused to you. Reserved fund works a seperate fund, like an amount that helps you settled any other expenses aside Bitcoin and emergency fund. because saying emergency and reserved fund can be use for miscellaneous and emergency is like you don put them in a specific other for someone to understand.

Quote from: Richbased on April 08, 2024, 09:36:38 PM

Let it not look like we are making a repetition of our discussions here so some times we should spend quality time going through this thread then you will understand some basic concepts that is required as a bitcoin investor to accelerate your accumulating process however, every body has there various pattern of investment as some will choose to buy at once and HODL for a long term pending when they will record some reasonable amount of profits then he can decide to sell some of his Bitcoins. But to me since I started following up this thread I have been able to understand the need for DCA because it will make you not to stress yourself all the time because you literally gonna accumulate at regular basis and might end up accumulating more than someone that just made a single deposit and stopped accumulating and moreover, accumulating at regular intervals keeps your investment alive and also makes your wallet active.

You are right though but you should know that this thread has been long now and many people have learnt alot from it. Sometimes repetition is a kind of quick reminder for somany people who might be misled along the line. This thread is not the only thread that a particular thing has been discussed often times. Here is like a school where people come to learn and go while the teachers and school remains or moreover a soldier barracks where soldiers come and go but barracks remain thesame. So you shouldn't feel bayased about it. Accumulating process are of different types so you can chose the best strategy for you. Most people might come here and pretend they know about the thread but don't know. Until they have the reason to know. When you pay attention you learn but if you claim you have already know all, you have mised out. Because of this singular reason, most newbies are becoming Smarter about Investment strategies and buckling up there shoes to start while some old members here might be postponing. So if you ask me the reason for repetition is for those who don't know to learn not only the newbies and some old members who may not be familiar with this thread. You know they said " whenever a man wakes up is jis morning" some old members came to this thread od recent where as they have been in this forum for long yet they know nothing about here. The thread can only be stopped maybe if the op decides to lock it. And am even afraid that if the op locks it now a new version will be open. Lolz