Quote from: Ruttoshi on August 24, 2024, 05:40:11 PM

Quote from: mumang siat on August 24, 2024, 04:07:33 PM

Quote from: Jaycoinz on August 23, 2024, 04:35:17 PM

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

You are contradicting yourself by saying that bitcoin investment needs good skills and knowledge, whereas you said that DCA is the best strategy to use in bitcoin accumulation. DCA strategy does not need any high level of skill or knowledge but only for you to figure out how much of your discretionary income that you can use to buy bitcoin every week regularly that will not affect your monthly expenses.

I don't see that as something that needs much skills to do or require much knowledge because you are the one to figure that out yourself. A person who is already use to saving money in the bank will find it very easy to use an amount that will not affect him to buy bitcoin always so that he can continue his buying process without stopping till he reaches his bitcoin target. If a new investor has the basic knowledge of bitcoin and the money to buy bitcoin and keep his DCA ongoing overtime should get started immediately to avoid waste of time.

Well knowledge and skills are needed to but in terms of bitcoin buying process the important thing figure out your monthly budget frist so it doesn't affect the earnings, using the DCA method has help a lot of people in control their bitcoin accumulation how to manage your monthly earnings in times of buying bitcoin