Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Road to 100k?
by
Moreno233
on 20/08/2024, 12:33:32 UTC
⭐ Merited by fillippone (1)
Yep.. .a kind of doubling of the power of both stocking away value and also the possibility (even though not guaranteed) that some other kind of upside change in value might also end up playing out.. surely not bad odds of such possibility of upside value growth, even though not guaranteed and we might also not know by how much or how long it will last and various other factors that sometimes have ended up in BTC holders becoming overly nervous in regards to how to deal with such outcomes when they had ended up occurring... Hopefully members in this thread have some ideas about what they are planning to do rather than having no idea.
The informations I've gathered about Bitcoin, is that it has got to different heights in different circles since it launch, and that's why it's best for long-term, giving all class an opportunity to profit overtime, for those who are not very wealthy the dca method is the best approach to bitcoin investment.
 investors don't have to wait until they've gathered enough fiat before investing on bitcoin, one thing I love about that asset is that there's no fixed price for investment and both the rich and low class have an opportunity to benefit from it, so far they've got steady income to constantly give them an investing power to keep stocking.
I think you misunderstood something about the DCA method and the fact that DCA method is a gradual process of accumulating Bitcoin doesn't mean that it's mainly for investor with little Capital even rich investors do use the DCA method so don't complicate issues and don't give people wrong impression about it. Maybe you are thinking that DCA is just a process of using small capital to accumulate every week, month etc but no even rich investors uses big capital to accumulate too. In as much as an investor doesn't have to wait to gather enough fiat before they invest but they should take it easy I mean investing is something one shouldn't rush into because if you do you will definitely rush yourself out fact, in other words make sure you are stable before venturing into Bitcoin investment.
You are correct about the DCA method not being for only small investors but for anyone both rich and poor. It is a matter of choice for anyone to adopt which method to use. However, most rich people(whales) prefer lump sum buys and buying the dips. From the few whales that we are opportune to know, they rarely use the DCA method maybe that is what is being referred to by Son Of Blockchain (funny name though as I don't know when Blockchain got married). We know about MicroStrategy who are famous for huge buys through the lump sum method because they were not executed at regular interval of time. There are many others that invested sizeable amount into Bitcoin through the lump sum and buying the dips and I feel those who use the DCA method are mostly individuals who might probably do it without without public notice since it is an ongoing process.