So far, I had never heard about Treasure wallet as a software wallet, so I am not sure how secure it is. Maybe you need to provide a link?
judging by their lack of review and 1K+ download on play store
I still can't really find what's special about it.
Can't even find it on Github.
I disagree with you on this last point of yours because for one to be able to know how to speculate and read charts is very complex for a newbie who plans to only buy bitcoin regularly with DCA and hodli for a very long period of time.
I wouldn't say it's that complex
But just not really compulsory or necessary.
Just have the mindset that as you are buying under $100K you buying cheap
But don't forget there's nothing in this world that ain't associated with an element of risk.
You suck when it comes to quoting.
I found your first quote (so I fixed it to show it was from me). and I think that your second quote is from me too.. but it is not easy to figure out where that is and I hate wasting time trying to find from where you got it.
Wallets are generally of two types, software wallets and hardware wallets. Especially those who use software wallets and the most powerful among software wallets is Treasure Wallet, Electrum Wallet, these wallets are very safe and affordable.
So far, I had never heard about Treasure wallet as a software wallet, so I am not sure how secure it is. Maybe you need to provide a link?
I have heard of Trezor as a hardware wallet, and they have several models of hardware wallets - look at trezor.io.
Hahah.. very funny quote. I equally made some research to find out the place where the exact word was used by you @JJG, but I was able to see it from the link to this my quote. And it was not a direct reply to him but to @as soon as. and the second quote I didn't see. But as the case may be you have already answered the question to what he asked, but I just wan to draw the information closser to you to make it easy for you since you can't find it. And we are here to help each Oder solve problem. It's quit funny the way he quote I presume he doesn't know that much about quoting.
I want to correct one impression that you are making here that many people are utilizing the DCA method because it is easy to use. No that's not the case, rather many people are making use of DCA strategy because it is more effective way of investing in bitcoin as it reduces the impact on the capital invested should there be a sudden drop in the market. The DCA method makes the capital outlaw not to reduce drastically when there is a sudden decline in the bitcoin market. This is the more reason why many people are comfortable with using the DCA method of bitcoin investment, not because it is easy. Also the DCA method makes it easier for people to buy bitcoin at their own pace according to their financial level. The truth is there is no method of bitcoin investment that's difficult to use.
You are literally contradicting your own explanation. How about I tell you that I prefer to use the DCA strategy because it is easy to use?. At least, I don't have to monitor Bitcoin price for an entire 24 hours, to observe when there is a dip(for those who only buy the dip). Bitcoin investments, especially to those who are new to it, shouldn't be explained with too many terminologies and complexity, but rather as smooth and easy as possible. Just as you've pointed out, "the DCA method makes it easier for investors to buy Bitcoin", which depends on their financial capabilities (source of income). It's always a continuous process, that doesn't need too many grammer or math solving to explain.
I see that @Justbillywitt is trying to make a point and somewhere along the line maybe he didn't land whe he ought to. And yea surely there are time when we feel we are saying what we think and yet we are not getting it right or may get it right but others see it in Another way. I think what he is trying to say is that DCA strategy is not easy as people think. But what make people think it simple is due to the small fraction they buy weekly and it's not affecting our discretion amount, and if bitcoin price dips we may still have some amount in our discretion to still buy more . But that doesn't mean that DCA strategy or investment strategy is easy.
But in my own opinion DCA may not be as easy as people think, but I know surely it's the easier way of investment compeard to lump sum or buying the dip that is why it is seen as the easier way and not the easiest. because surely most people can not still afford to invest through DCA because of there source of income or the Level of their discretion. So I may say it's easier way for investment for those who are willing to invest no matter how small but may be difficult for those who are not ready or willing to Start.