Quote from: Jerrycrypto2024 on Today at 11:53:57 AM

Quote from: JayJuanGee on Today at 01:50:57 AM

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I will start by thanking the introducer of this and the moderator particularly, I am new here but I have learn allot with many post and comment over this DCA method of investment and how the strategy work and mostly what interest me most is how they keep updating on the current trending , allot has been learn even in the case of self custodian wallet to store BTC where privacy is more authentic, I stand to be corrected though as newbie need gain knowledge as per on the DCA now the correction is on, if one invest by using the DCA would thou be possible for investor to maintain the amount used as stock when next or one need to increase as the correction is over, where there may be a rise on btc. please bear with me on this as regards this question don't know where to ask this because I see more about the DCA here I need to engage fully on it.

Firstly, there is no need to quote the whole post, especially if the post is long and you might be asking some questions that are related to ONLY part of the contents of the post.

Second, if you are still figuring out how to get started with regularly investing into BTC, try not to get too caught up in regards to figuring out what the short-term BTC price is going to do, especially if you are considering buying for the long term, just start to buy regularly, and while you are perhaps starting to buy with small amounts of your discretionary income, then spend more time making sure that you have your budget in order rather than attempting to be overly strategic in regards to your bitcoin buys. You can adjust your BTC buys as you get more used to buying BTC regularly, so yeah, it might be better to first just do small weekly buys while you are figuring out your specific financial situation.

Sure specifically we do see that we are in the middle of a pretty decent dip, and without knowing more about your own particular circumstances, it is difficult to even know how much extra discretionary income you might have sitting around and ready to put into bitcoin or if you might start to engage in overly risky behaviors merely because you are still new to buying bitcoin and/or you are becoming overly greedy in terms of wanting to get short-term profits, which surely in this thread we are not focusing on short term profits rather than the creation and carrying out of plans that are going to give you options on a longer timeline, such as 4-10 years down the road or longer, and yeah, it can feel good to be able to buy on dips and maybe to have some additional assurance that your BTC holdings are in profits right from the beginning, yet whether or not your BTC are in profits from the beginning do not tend to be very good focus points, especially if you might well be serious about long term investment plans that will build your bitcoin over many years and give you more options one or two cycles down the road.

And, yeah, we cannot even tell from your description of your situation if you are absolutely brand new to bitcoin or if you had already been accumulating bitcoin for a while, which also can change the calculations that you would do on an individual level, and surely if you are actually quite brand new, then you may well realize that it can take more than 10 years to build a decently good size and strong investment portfolio, even with an investment that is so seemingly strong as bitcoin, and in spite of bitcoin's many strengths, it is also not guaranteed to return profits to you, so you should also consider those kinds of matters when you are establishing your investment strategies and carrying them out.

Maybe you want to discuss some of the matters that you are considering within the 9 factors that are important to consider for investing into bitcoin, and remember that BTC price performance is ONLY one of the 9 factors that you should be figuring out, yet you don't need to figure out all of the 9 factors in order to get started.

Quote from: Briankimp1 on Today at 12:15:54 PM

Quote from: Cryptoprincess101 on April 12, 2024, 06:01:37 AM

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I agree with you a lot Princess but I don’t agree with you about shitcoins not having a future, the way you sound right now makes me believe you think all other coins aside Bitcoin are shitcoins.

It is best to presume all other coins besides bitcoin are shitcoins, and you should approach them from that perspective... Don't give shitcoins any kind of benefit of the doubt, but instead consider them as affinity scams on bitcoin and full of overstatements that are merely playing off of bitcoin.

Sure there may well be exceptions to the rule, but it is hardly worth any time to be fucking around with them,. even though there might be some shitcoins that actually have some possible value... and you might even get yourself into worse shape if you try to value them based on their having high market caps, so then you get distracted into a bunch of nonsense and wasting your time, money and energies, when you should be spending that time, money and energies getting your shit together in regards to your bitcoin strategy.

Yeah, once you might get your shit together in regards to bitcoin, then perhaps at that point, you will have more liberty to "look into" various shitcoins, and perhaps by the time you actually look at bitcoin, you will actually come to realize that it is not worth your time to be fucking around with those various distracting bells and whistles that may or may not pump at the time you would like them to.

Anyhow, the punchline is to presume shitcoins really are shitcoins and don't waste your time on them, even if you like gambling, but if you cannot resist gambling then limit your gambling to 10%.. but yeah, degenerate gamblers are not able to limit themselves, so they just argue that all shitcoins are not shitty, so they are already approaching the matter from the wrong perspective which truly should be to presume that shitcoins are a waste of time, money and energies that could be better spent on focusing on bitcoin.

Quote from: Briankimp1 on Today at 12:15:54 PM

Bitcoin is the father the originator the one among the rest but this doesn’t mean Bitcoin is the only one, with more incoming innovations in the crypto space we’ve witnessed the rise of other crypto currency’s some which have come to stay like Bitcoin and others which have fallen off,

Fuck off with your pumping of shitcoins in this thread and trying to proclaim that some shitcoins are less shitty than others.. yeah, even if what you are saying might be true, it is not appropriate to be bringing such distracting nonsense into this thread.

Quote from: Briankimp1 on Today at 12:15:54 PM

These experiences only helped us learn how to identify substantial projects that’ll last the test of time line Bitcoin, I’ll say not all coins aside Bitcoin are shitcoins.

You sound distracted or maybe just a lost puppy.

Like this one: