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?
Yes of course, many investors apply DCA method in accumulating more Bitcoin in their portfolio, this method allows you to accumulate the little you can continuousy and also gives room for an investor to review his investment plan upward as the case may be, this method has clear the doubt of many investors that are having the mindset that Bitcoin is only meant for the wealthy and financially balanced individuals, with this method every one can invest even though is with as low as $1 as far the said amount can be sustained by the said investor, I will always recommend this investment strategy for any investor that feels that before anyone can invest in Bitcoin you must have acquired a lot of wealth, this method helps an investor not to think of borrowing in other to invest hence he can invest the amount that he is capable of maintaining continuously, as an investor that's using DCA method, you are at advantage of buying at all time instead of waiting for price dip.
The DCA method of investment have made bitcoin very easy to invest. Some people have the mindset of before investing bitcoin that they must have fine amount of money to buy bitcoin to invest but the DCA method of investing have made it very easy for investors to accumulate amount of Bitcoin that they can afford to invest in. Some people believes when bitcoin goes dip(low price) that's only when they can buy bitcoin to invest and this understanding have made so many people to miss opportunity of accumulating bitcoin. DCA method is a very good one to apply in getting enough bitcoin, after sometime you will be so surprised that you were able to accumulate such amount of Bitcoin.
We have the DCA method to prove a point to those who think bitcoin is too expensive to invest and they can only invest it when the price go dip which is wrong. With the DCA their is no perfect time to invest bitcoin and their is no specific amount to invest in bitcoin. Dca method is for those who can afford fraction of bitcoin and with time all that have been accumulated becomes big which will be bring good profit with time.