Quote from: Tmoonz on Today at 04:02:09 AM

Quote from: JayJuanGee on May 27, 2024, 09:57:50 PM

We cannot necessarily presume lump sum to even be an option, since sometimes people come to bitcoin an they don't already have cash available and/or they might not even have other investments from which they would be able to employ lump sums, so sometimes it does not even make sense to presume lump sum as an option when it is not automatically an option that normal people end up having and even if they were to have some lump sum potentiality, they would first have to designate such amount towards bitcoin investing, which might be an actual obstacle for some folks in which DCA makes more sense for them since they are not ready, willing or able to redesignate some lump sum amount that they might have towards bitcoin investing.

I really understand what you are saying but it is very important and for everyone to have a broader knowledge of various strategies as it being exhaustibly disscued here in terms of figuring out from what financial stratification you belong to, and for reference purposes. However, the lump sum buying are mostly practice by those in upper class and not for some middle or lower class where identifying your class gives you the preparedness in terms of making an informed decisions towards your investment plan,

I don't really like to play into arguments that rich people are more privledged, since anyone could come into a situation in which they have lump sums available and they are willing to dedicate some or all of that lump sum to bitcoin investing. For example they could 1) win the lottery, 2) inherit money, 3) have had been investing for 10 years and building their investment portfolio little by little (so they are not exactly rich, but they have been engaging in good savings/investing practices), 4) received a bonus at work for some kind of job they carried out (expected or not expected these kinds of things sometimes can happen to even less wealthy people), 5) they recalculated their various funds (emergency, reserves and float) and unexpectedly, they come to the conclusion that they have an extra $2k that they are able to invest 6) they received a gift from friend/relative/acquaintance and/or 7) a variety of other possible reason they could come accross extra money, whether that is some extra from their DCA amount or maybe it is a more modest amount

Quote from: Tmoonz on Today at 04:02:09 AM

it pointless for anyone presuming lump sum to be an option when apparently you don't have what takes, everyone has to figure out the class where he or she belongs to in terms of choice of strategies, be it dca , lump sum and the rest of them, which will be a hedge over your planning working towards a successful Bitcoin investment.

My problem with the idea of lump sum is not that it might not ever be an option, but instead many times members here are weighing the advantages and disadvantages to lump sump as compared with DCA, and it is not even obvious that DCA is better in those circumstances that a person has a lump sum that happens to be available to him, and even if the lump sum happens to be available, the amount of the lump sum could still be divided into any of the three categories of bitcoin accumulation to buy right away with some of it, to allocate some for buying on dips and to allocate another portion for DCA buying.

The person may or may not already have DCA and/or buying on dips in place.. or alternatively the person might already be DCAing at $10 per week (presuming a modest budget), but then if all of a sudden an additional $3k comes available.. there might be choices to allocate $1k to each of the three categories, and that is not even the most logical conclusion, but it is a staring point, and each person might decide differently based on his own 9 individual factors regarding how to allocate that extra $3k that suddenly had come available.

Quote from: MusaPk on Today at 04:56:19 AM

Quote from: JayJuanGee on May 27, 2024, 11:18:38 PM

There is nothing wrong with engaging in techniques to improve DCA, which truly if someone is new to bitcoin, they might start with a certain weekly amount for their DCA, yet in the meantime, after several weeks, they could be figuring out various aspects of their budget and maybe how to employ their DCA better. On a personal level, for the first year that I was in bitcoin, I tended to give myself a weekly DCA budget (or allowance), so during the week, I would try to maximize the buying on dips within the week, however, if I had not used all of the weekly allowance by a certain time of the week, I would just buy with the rest of it at that deadline time in each week, since my new weekly allowance would become available at the beginning of the next week... but yeah sometimes going through the process, with the passage of time, I was able to figure out some ways of employing my DCA that worked better for my own circumstances... but also recalculating my situation, that surely went even beyond the first year, since the strategies became different with the passage of time (as you suggested might become the case for anyone going through their BTC accumulation journey) and the fact that I had been accumulating BTC through the previous time and the details of that prior stacking in regards to how much, what was the average costs and considering whether my stacking goals were changing and/or close to being met, helped to inform any changes in my practices.

With DCA one can go with Limp Sum and buy the dip. It will some time for a person to figure out when to use the later two techniques (Lump Sum and buy the dip) with DCA. For sure, new one can go with DCA but they will get bored with it initially as Bitcoin spot price may go down and the profit might not be according to there expectations. This is where one has to keep control over his emotions and continue to invest despite the negative trends of the market. The main reason why many fail to get started with Bitcoin is because they left Bitcoin in early stages after seeing the loss. We have seen Bitcoin bouncing back from 4k in Dec 2018 and also from 18k last year. These falls are nothing but golden time to accumulate Bitcoins.

We have to go with where we are at right now. So if a person might be brand new to bitcoin, and he has an income of $2k per month and expenses of $1,500.. and maybe he already had been investing for 10 years, so he has an investment portfolio (non bitcoin) that is around $24k in value (which is right around 1 year of his salary) and he has emergency funds and reserves and float in place, and so maybe he has $3k in cash that he can invest right now, or he can put some of that into the other two categories, but he already knows from his regular cashflow (disposable income) that he is able to buy $100 of bitcoin per week. So he has to decide right now about what to to do with the $3k, and he cannot go back to December 2018 and he cannot even go back to December of 2022.. He has to figure it out right now, and if he is not sure, then he still has to live with the consequences of what he decides to do (or to not do). What is so hard about it? It is about finding some kind of an acceptable balance, no?