Quote from: I_Anime on August 14, 2024, 07:10:47 PM

That's why is not all about learning alone , but also how to put those knowledge to use there are alot of folks at there that know about DCAing but they can't put it to good use in building a better investment (bitcoin) for themselves . Instead they just keep accumulating knowledges without having any bitcoin stashes in their portfolio. Because all this knowledge we keep learning from this forum will surely help us to secure a smooth investment for ourselves.

I believe as a person that every action was a product of learning enough until you are convinced to try it out, most people are learning and getting better exposed every day to the prowess of DCA in helping the secure their future finances all thanks to JayJuanJee for keeping the thread alive, most of them don't yet have discretionary income as advised to invest with yet, but they might be sure working on it by hustling more in order to practicalize what they have been learning. I would also charge everybody, especially those in signature campaigns to set out parts of their weekly earning to DCA no matter how small, one difficult thing is to start, as soon as you're started and determined to continue, nature has a way of sending help and encouragements through abstract means for you to utilize and achieve your goals, but you must be committed to identify such helpers sent by mother nature.

Quote from: Sim_card on August 15, 2024, 10:53:34 AM

Quote from: Roseline492 on August 15, 2024, 10:45:21 AM

Quote from: Obim34 on August 14, 2024, 09:17:00 PM

On how we might preach the whole process to be, investing by lump summing isn't suitable for a beginner, how should he know at what price is comfortable to purchase, even a well knowledged investor might slightly enter from a wrong position which may hinder the progress of his profits.

Every strategy is well suitable for every beginners, so I wouldn't discriminate beginners in terms of utilizing the strategy,perhaps I think your advice should be that if beginners does not have an additional plan or having a good source of income that would easily backed them up if they Lump sum they should not go into it but if they have there is nothing wrong in adding more fraction to there investment portfolio while DCA is still there major target, we shouldn't feel or have the mindset that all the beginners are not financially stable because on the contrary there are so many rich people who chose to diversify there funds into Bitcoin so perhaps as they are doing there DCA whenever any opportunity come out for them to Lump sum they would always buy more.

I disagree with you that every strategy is suitable for a brand new investor because it means that you are encouraging new investors to wait for the dip when we all know that waiting for the dip is not ideal and improper way for a new investor to start his bitcoin journey with because he does not know when the dip will happen and he might end up not acquiring any bitcoin s the dip did not come.

I disagree with you and This is the reason. Every investor who has learned enough about the bitcoin accumulation processes would be aware of lump Sum, DCA and buying the dip and they are encouraged to employ any one of them that appeals to them at any given time while maintaining DCA to drive consistency and commitment in expanding their portfolio.

Every new investor that has gotten the basic trainings on bitcoin accumulation can easily identify a dip, just by looking at the chart or price history from the exchange or even the internet can tell the person that he entered the market during a dip and if he has extra discretionary income, he can buy more and still maintain his DCA since the goal is to accumulate more and not the strategy employed while accumulating. The investor doesn't have to wait for the dip and if you understood what the guy you quoted is saying, he's stressing that he would not discriminate any new investor who chooses to lump sum because they have enough discretionary income to back them up while DCA is their main strategy and I would validate that since not every new investor is struggling with finances and can choose any method and still get profitable as far as he's holding for a long time and he's consistent with increasing his portfolio periodically.