Quote from: Obim34 on August 01, 2024, 05:54:35 PM

Quote from: Roseline492 on August 01, 2024, 11:24:59 AM

Quote from: sotelorene on July 31, 2024, 09:25:13 PM

Quote from: Ricardo11 on July 31, 2024, 02:58:35 PM

Quote from: Bravut on July 31, 2024, 11:02:02 AM

Quote from: laijsica on July 31, 2024, 08:19:26 AM

The DCA concept is a potential medium for sustainable Bitcoin investment where a portion of disposable income is constantly accumulating. Considering the volatile prices and bullish trend it can be a much better decision by accumulating a valuable asset with household daily expenses. Here is the assurance of proper use of limited resources as well as the assurance of alternative valuable resources for future generations. If you want to generate more growth, you can decent the portfolio by increasing your buying during bearish times. Basically holding bitcoin for long periods of time.

The practical saying of investing and forgetting can mean holding for a long time regardless of value which is of course very important for Bitcoin holders. Only the growth of stashing should be taken into account at intervals of time.

Well said, I agree with your view concerning growth of our Bitcoin Portfolio which is about accumulating more so as to have more stash of Bitcoin. This is necessary for every Bitcoiner/investor to take into consideration especially when dealing with a valuable, limited asset like Bitcoin.
The more stash of Bitcoin an investor possesses the higher the profit to be expected likewise reaching a maturity stage which can only be achieved if one has discipline, DCAing or using any other approach to accumulate more Bitcoin.

As you said earlier, buying more Bitcoin during a drop (dip) enables Accumulation process and purchasing power to buy more since its cheaper then. I believe by now investors should understand the need for a long term approach in Bitcoin Market, avoid panicking and follow through there plans with 4-10 years of hodling.

Yes, DCA is the best and most profitable way to invest in Bitcoin. Always consider investing in DCA. If you are disciplined and invest regularly on a weekly basis, it will become more profitable for you. Make a plan for the long term, (at least 5 years). You have to decide that during these 5 years or more, you don't even think about selling your holdings, you just have to buy, no matter how much the price goes up or down, you have to buy regularly on a weekly or monthly basis, market pump? buy, market dump? Buy more and it requires you to have at least 2 sources of income, so that if one source of income is somehow lost, you can continue your investment with the other. And definitely keep some money in cash aside for emergencies. In short, regardless of the situation, you will continue investing and holding. Then you will see that after a long period of time you will get a much higher return than what you expected.

The DCA method is really good no doubt but we can't really say is the best and most profitable way to Bitcoin investment rather it can be seen as the best for those who uses that method of accumulating Bitcoin

The reason for DCA strategy is not for profit so don't be confused about that because I noticed that most people have been having a misconception about the purpose of DCA because I have also seen that most people think that DCA strategy guarantees a successful investment, actually DCA is just a normal strategy and utilizing it in terms of accumulating Bitcoin depends on individual or the investors also in terms of profits is actually depends how far you have accumulated on your investment that determines it because there are people who can use DCA strategy but could not still see any good return after holding because they failed to continue there investment.

I barely understand what you mean in this context, there should have been no need contradicting yourself all along. If the DCA is used to accumulate Bitcoin, and we know Bitcoin as an investment which comes with good tidings (profits) why then do you think DCA isn't for the profits. The DCA is a strategy, same with Lump sum and Buying Dips and whereas they all drive us into accumulating Bitcoin then which other do we say is for generating those profits.

Successively accumulating Bitcoin during intervals is beneficial to the investor because he gets to buy Bitcoin at different price level confidently without considering whether the market is at it's lowest DIP or not. Moreover, whether we DCA, Lump sum or choose to Buy Dips it all pressure on us that we must hold in other to make good profits, no strategy has a cut privileges of escaping holding.

I think you guys misunderstood what he was trying to say is not like DCA is not for profit making because all the means of accumulating Bitcoin is for profit making perhaps what he was trying to say is that DCA profit is not like other method of accumulating Bitcoin profit because you will be buying at different price of Bitcoin which sometimes you can't really tell if you have made profit or not but those who buy's lump sum or during the Dip can tell for sure if they are on profit or not and I have also come to realize that the best way to go about the DCA is to hold for long term. In summary the DCA method is also for profit making don't get it wrong.