Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Road to 100k?
by
Jegileman
on 20/08/2024, 19:47:03 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.

Bitcoin investment using the DCA strategy will have to be weighed in different perspectives before calling it a gradual process of accumulating. Depending on your financial strength, some investors can take only few months or weeks to reach their target of bitcoin accumulation while some can take more than a year and keep accumulating to reach their target. Those that will reach their target earlier won’t see it as a too gradual process, they just don’t have the month to lump sum at that time and decide to use the DCA which took them some weeks or months which to some investors using DCA for more than a year will see it as even lump summing or not a gradual but quick process to reach the required target.

Bitcoin investment has nothing to do with rushing into the investment or not. With your DCA strategy or lump sum, anyone that works for you tells how much bitcoin quantity you can accumulate within a time frame. Bringing the terminology of rushing or not rushing into the investment is out of it when you’re talking about bitcoin investment. You can only regret on an investment that you don’t know the fate of it in the future and you got rug pulled from the investment, those type of investment are risky and cannot be rushed into without diligence research about them on what you’re willing to risk. We are discussing about bitcoin investment here, so which ever that works for you, been it lump sum or DCA, you can stick to it and not think otherwise of seeing it as a rush into the investment. And when you’re accumulating and see the opportunity to buy more at the dip, you should take advantage of it if you have cash for it at that time.