Quote from: Rabata on Today at 04:14:19 AM

Quote from: Dailyscript on July 25, 2024, 10:36:56 PM

Quote from: Lidger on July 25, 2024, 04:23:26 PM

We should always keep our goals high and never get discouraged. Maybe before starting investment we can think that if I invest 20 dollars every week or 50 dollars every month then my investment amount will not be much at the end of the year. I would say to all these investors that no amount of investment is small. If you can invest 50 dollars every month then at the end of the year your investment amount will be 600 dollars and if you keep this investment for five years or seven years then calculate once how much your total investment amount will be at the end of these five years or seven years. We always have to think big and plan accordingly and try to execute the plan. There may be many hurdles in long term investing but those who overcome those hurdles and maintain their investment consistency are the true investors.

We should not compare one step to another man's step. The financial capabilities are different yet it shouldn't be an excuse that one should fantasize about buying Bitcoin and not doing that at the end.

Yes, not everyone's financial power is equal so everyone can not buy a large part of Bitcoin if he wishes. If everyone tries, they can hold by their own support and Bitcoin gives that opportunity. If everyone is trying with DCA which will help to grow their holdings stronger. If anyone purchases Bitcoin on a daily weekly or monthly basis and deposits it in, according to his ability, then he will surely be able to increase his Bitcoin amount in the long run, which is almost impossible for many to buy together. The application of this technique is that an investor is able to create a large portfolio of Bitcoin without financial stress, as well as the DCA in Bareish Market in Bitcoin. Whether bullish or bearish, a holder can take advantage by doing DCA.

The DCA method is suitable if an investor wants to hold Bitcoin for the long term. But you have to choose this investment based on your financial ability to be long-term. But it is possible to place considerable importance on planning, as an investor can invest normally if his planning is correct.

It is true that any investor depositing his bitcoins in partial form can surely accumulate huge amount of bitcoins with the help of DCA alone.
So you can never push yourself into a situation that is impossible for you, but in Bitcoin it is definitely acceptable in any season if you follow the regular DCA method you are definitely successful.