Perhaps the only way to learn is to ask questions, I would prefer you ask questions where seems confusing to you than for you to create some level of assumptions that seems very lame and unrealistic. looking at the context of the thread there are few other threads where you can learn basic things about bitcoin investment and smarter ways to buy and hold for a longer term if you indicate interest in them or such thread I will be glad to refer you to some of JayJuanGee's thread which he discussed the basics on each entry that you could make. this threads are even suggested outside the forum which shows the level of original and how true it is, now I would love you to ask or request for links if you're interested but if not you can stick with this thread and ask questions instead of confusing others with your own perspectives.
Okay, thank you in advance.
In this thread I read a lot about DCA, and after I found out that this strategy I think everyone can use it because it doesn't seem to need a lot of money to do it, you just have to be consistent in doing it.
But is DCA the best strategy to use?
I don't know the thought of other investors here but for me the DCA strategy is the best because if you are custom using the DCA strategy you are at advantage because there are times when you can still use the lump sum strategy when you an unexpected money comes your way you can also accumulate when there is dip this one's may come ones a while but with the DCA strategy you can still accumulate more Bitcoin inrespective of the price level either weekly or monthly as long as your discretionary income is intact with a long term motive from 4-10 and above because with DCA strategy you are always steady in the BTC market.
As you think DCA investment strategy from your side is the most effective and correct investment strategy, so also from my side I think DCA investment strategy is the most effective investment strategy. Not just me but everyone who invests thinks the DCA investment strategy is an effective and a sound investment strategy in their own way.
DCA investment strategy has made our investment approach much simpler. Those who have invested before and those who are investing now are themselves realizing the difference between investing in this strategy and the previous strategy. An investor can now start investing with a minimum amount of money but no one thought of doing this before. Previously, investors used to pool a certain amount of money and then invest it, but now instead of keeping a certain amount of money, investors invest that fixed amount continuously.
I got a complete understanding of this strategy through this section because I knew roughly about the DCA investment strategy earlier but got a detailed understanding of it in this section.