Quote from: Roseline492 on Today at 05:11:27 PM

Quote from: Justbillywitt on July 15, 2024, 08:11:17 PM

Quote from: KeenanEl19 on July 14, 2024, 02:10:22 PM

Quote from: ginsan on July 13, 2024, 08:52:07 PM

Yes we are not developers who have to know those complicated technicals, investors like us just need to learn the basics of a simple but relevant investment strategy for ourselves and it should be customized whether we are with DCA or buy dips on every dip it is important we have a plan for it.

Actually, bitcoin investment is easy with even small money we can do it, and indeed never delay investing while the price of bitcoin is still low, this is the best solution where we can start now, do not let when the price of bitcoin is high then say sorry.

Of course you have to have a plan, having it means we are ready to do it, but we also have to be able to see the risks that cannot be eliminated. There are many strategies that can be done and it depends on which one we want to do. One of them is DCA, which is probably done more by everyone because it is easy to do.

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.

I think you are even getting yourself confused the more because it seems that you have another definition of easy because at the point of trying to correct @KeenanEl19 you are even making the whole thing confusing because even when you believe that is a wrong impression for people to choose DCA because is more easier but you are still saying that DCA makes it more easier for people to continue accumulating Bitcoin, so I couldn't help but wonder why you consider easy as a bad impression in using DCA when you are also saying the same thing, so actually I want to let you know that is because of how easy DCA is that made people especially the newbies to easily make use of it.

@Justbillywitt didn't really discard DCA from been easy but that he was trying to clarify @KeenanEl19 as to why a lot of newbie and old investors prefer using DCA investment strategy than any other bitcoin investment strategy. From what I understood he was of the opinion that the DCA strategy gives every investor room to accumulate at their own pace financially without having to compete with others in the accumulation process. It is with each according to his financial strength of bitcoin portfolio accumulation under the DCA method with every dip opportunity.