It all depends on the amount of bitcoin the person has accumulate over that interval of one year before you begin to talk about making of profit. If u do not have a sizeable amount of bitcoin in your portfolio you cannot be able to make this profit you are talking about ,especially if you are doing DCA it will take you time to accumulate a reasonable
amount of bitcoin.
The method of collecting Bitcoin to get a larger amount varies from person to person, although the one we see most often now is to use DCA with a certain target time period. Because to achieve a bigger profit target, you definitely have to have a fairly large amount of Bitcoin ownership and that cannot be denied by everyone. That is why most people always pay more attention to their Bitcoin holdings portfolio than others because in Bitcoin everyone can make a profit as long as they have enough patience in collecting it and also have a fairly large amount in their own portfolio.
Basically those are the investors who usually do the DCA in bitcoin to accumulate the bitcoin throughout the bear market. Those are the people who will then sell in the bull market and gain maximum return on Investments. I will not compare them with the traders who have different mind set and who will usually buy and sell multiple times to gain profits.
You are still describing and even trying to worship traders as if you know how to tell the difference between a good trader and a not so good one, when the fact of the matter is that trading does not pay off for an overwhelming number of folks who even attempt it, and in bitcoin, we have had the overwhelming majority of folks profiting from establishing and following a practice that mostly errors on the side of accumulating bitcoin and holding it... not fucking around with trading and trying to believe that you are able to time tops and bottoms.. which is a bunch of bullshit where a lot of folks who try such a thing end up selling too much too soon and making a variety of other mistakes, so there is no need to be worshiping those kinds of practices and trying to act like it is some kind of practice that normies should aspire to.
Also I will like to emphasis that it is not necessary to accumulate a lot of bitcoins as even a person with a moderate income can buy some portion of bitcoins and that would be enough for him to gain good profits with respect to his investment of course.
Yes, and your description there appears as if you also are aspiring to figure out how to make fiat gains from your bitcoin, which seems to be an inferior way of thinking about the matter, but whatever you can do you, and some of us can suggest that you are framing the matter in inferior ways... which seems to be the case.
By the way, since you are wanting to seem like such a smartie pants, have you been able to beat a strict DCA approach to BTC?
If we look at your forum registration date, if you had been accumulating
$100 per week of BTC since your forum registration date, you would have invested about $44k and you would have had accumulated right around 16.7 BTC, which would not be too bad, and so whatever you are doing in regards to your proclamations of abilities to time tops and bottoms, are you reaching equivalent or better results than that? Personally, I don't really see any needs to perform better than that, but hey there might be some ways that guys are able to beat the performance of a largely strict DCA approach.. or even some hybrid variation of a strict DCA approach, but I doubt that fucking around with trading, even though you are trying to describe trading as something else would be an appropriate route forward for the overwhelming number of normies who might be considering whether and how to get into BTC.
The point is that you need to first calculate your total portfolio which you are willing to invest in the crypto and in that portfolio 50% of the amount should be in bitcoin.
Fuck crypto.
If the only thing that you are investing in is bitcoin, shitcoins and cash, then you should have no more than 10% of the value of your bitcoin in shitcoins, and so therefore 90% of that part is in bitcoin.
Another thing is that when you are investing and trying to figure out targets of how much you are going to invest in bitcoin (again fuck shitcoins, don't be preoccupying yourself with that nonsense), then you have to figure out a variety of factors in terms of your varius goals.. that largely relate to how much disposable income that you have available to invest and then how much of that are you striving to invest, and surely you can also look at your overall income and maybe your investment might amount to somewhere between 5% and 25% of your total income, but you cannot even get to that if you are in a situation in which your income is not sufficiently larger than your expenses.
Of course, if you had already been investing into other things, then you might consider how much you would like your bitcoin investment to be as compared to the other things that you already have in your investment portfolio, especially referring to what might be the quasi-liquid portion of your investment portfolio which could be things like property, equities, bonds, cash/cash equivalents and commodities ....and yeah shitcoins are not a part of that on purpose.. and sure if you have some kind of a gambling tendency, you should at least limit your inclinations to gamble on shitcoins to no more than 10% the size of your bitcoin holdings, but surely you should be figuring out your bitcoin investment and strategy first prior to getting distracted into shitcoins and you should not be cheating when it comes to your limitation into shitcoins of no more than 10% since there are slippery slope tendencies that any gambler has, and if you are attracted to shitcoins you already have gambling tendencies that you should try to get rid of, but if you cannot get rid of them, then you should at least limit them to less than 10% of the size of your bitcoin holdings... and try to be reasonable about it rather than tryiing to manipulate your allocation into shitcoins when you keep losing them but bitcoin keeps going up, so then you end up fucking up and draining your bitcoin investment if you are not trying to control your inability to stay focused on value rather than attempting to get rich quick through various scams, shiny objects and distractions.
I've made that statement Once after missing some great opportunities in investing in Bitcoin due to ignorance and some related shit. But I ain't saying such statements again because I've already started my bitcoin accummulation and sofar it has been great.
Yeah, but if we go by your forum registration date, you have ONLY been into bitcoin for about a year and a half, and also I think that in some of your other posts, you mentioned that you were not accumulating bitcoin aggressively (or even consistently) during your whole forum registration time.. and in some sense, I am largely trying to say that you are spoiled by bitcoin largely going up during your whole time in bitcoin.. Yeah, sure there have been some pauses and corrections, but if you look at the charts, from your forum registration until present, the BTC price looks almost like a straight line up.. so that is a bit of an artificial status. which is part of the reason that any of us likely need to get through a whole cycle, and yeah, you sure may well end up concluding that bitcoin has been very good to you, even if you spend another 3 years or more accumulating bitcoin and even if you end up buying some BTC at higher prices than any subsequent correction might end up being doing the road.