Quote from: Sim_card on Today at 03:42:56 PM

Quote from: Furious 7 on Today at 03:27:57 PM

I dont really agree with this because even though we are long-term investors when talking about market movements and carrying out analysis it should not be omitted because after all it is something that is still quite important to do because with that we can see some what is the possibility of whether it will be purchased directly or in stages later considering that even in DCA we sometimes dont really care about the price when buying but still if we get a price that is lower than the target of what we want to buy of course that is a good thing so even though we are long-term investors, we cannot just let go of analysis .

Because in the end not doing analysis every day and not caring about analysis at all is a very different thing so analysis is still quite important, its just that we dont need to do it every minute or every hour of every day when trying to become an investor.

Market analysis is mostly done by traders, because they are short term hodlers. A newbie that just started his bitcoin journey does not need to know anything about market analysis because it is stressful and needs time to understand how to analyze the market, which makes me see it as a distraction to beginners who just started accumulating bitcoin. Whether you analyze the market or not that will not increase your bitcoin stash if you don't buy any bitcoin. This is why new beginners or investors in their accumulation phase should only focus more on regular buying weekly or monthly using DCA to build up their bitcoin portfolio overtime.

Analyzing the market can be of a distraction to them since they are new into bitcoin, what they just need to do is to figure out how much is their discretionary income that they can use to buy bitcoin after other important aspect has been taken care of for a healthy bitcoin long term journey. T
It is nvestors who have accumulated up to 50% and above of their bitcoin target that can analyze the market to know when they can buy, because their bitcoin stash have reached a level that if they pause buying, it will not be a bad action. We should also know that no one can predict the next price movement of bitcoin, this is why I don't see market analysis useful for a beginner who just started his bitcoin journey since he is not planning to sell within a shot period of time, but hodli for long. There is no need to stop or pause buying because you feel there will be a dip tomorrow, what if the dip does not come, you will keep on waiting and wasting your precious time that you should have being using to build up your bitcoin stash.

Most of us think that analysis is only for those who are traders, but in my opinion that is something that could be said to be inaccurate because in the end investors also need analysis, which in the end before making plans to make purchases and DCA fundamental analysis is very important to review. whether the progress of what we want to buy is so good or not that it can become a benchmark in DCA or periodic purchases made afterwards.

Because in the end when talking about DCA we have to have a good understanding of the financial management that we have and after that when we do DCA we also need an evaluation of what we have done so in this case analysis is still important so there is no harm if investors learn it even though in the end the way it is used is different from those who trade.