Quote from: Perfectbaby on Today at 01:53:13 AM

Quote from: JayJuanGee on Today at 01:26:03 AM

Each of the BTC accumulation methods have advantages and disadvantages, and frequently folks who are low coiners or no coiners, they may need to take quite a bit of time to build up their BTC investment portfolio, yet there usually is no reason to purposefully delay making their purchases unless they are delaying based on budgetting considerations and considerations that the BTC price might dip, so they hold back some of their funds.. yet it still may well be preferable for any newbie investor, whether rich or poor to invest regularly, such as weekly as their income comes in, which is a form of DCA.. .and it allows them to pretty much invest into BTC as the money comes available, which they might not even want to do that if they had already invested heavily earlier on, such as front-loading their BTC investment. Some one who front loads his BTC investment might not feel as much need to DCA invest into bitcoin..

The reason why most people delay their investment could be as a reason of lack of funds and lack of trust since they aren't having any external fund that is serving as a reserve or cushion fund to serves for their needs and when a little percentage gets to their hands they would feel like to investment but haven considered their next income, it wouldn't served for the duration of the month couples with the inflation ravaging the whole nation where an average salary earner would have to reason twice of their income to be able to carve out some percentage to invest into bitcoin.

A person who does not have disposable income should not be investing in bitcoin, since that would arise to the level of gambling rather than investing, since you need to have money that is extra beyond your expenses and beyond what you are going to need for the next 4-10 years or longer.

I understand that there are many poor people who are barely able to make ends meet and barely able to pay their expenses, and so if their income did not go up, yet their prices doubled, then they do not have money to be putting into bitcoin.

There is nothing that these guys can really do except to figure out ways to either increase their income and/or to decrease their expenses. If they are not able to create a situation in which they have disposable income, including that they are able to invest at least a whole cycle.. yet even preferably 4-10 years or even longer, then I would not even recommend investing into bitcoin. .since that would be gambling rather than investing.. and I don't recommend that people gamble, especially with money that they need.

I think that many times members discuss ways that other members might be able to increase their income by increasing their skils, education and/or experiences, so that they can obtain higher paying job, yet at the same time, it is understandable that there are some places in the world in which wages are really depressed and there are not a lot of jobs available that pay money that goes beyond subsistence levels.. which on its own, that would not be enough to be able to invest into bitcoin.

Quote from: Perfectbaby on Today at 01:53:13 AM

Yes we know DCA is the best method for starting as very little as anyone can, but then when there is no enough fund to foot their upcoming bills or a funds to serve for them when the need might arise could be another factor to be consider.

DCA only works if you are taking such money from your disposable income, and if you do not have disposable income then you should not be investing into bitcoin, even with DCA and even with ONLY $10 per week. If you cannot afford to set aside $10 per week or even $10 per month, and to keep that money set aside for 4-10 years or longer then to me it seems that you would be gambling or trading rather than investing, and it seems better to have a long term commitment to BTC, so you miight not have enough income or low enough expenses in order to create disposable income for yourself. So you may well not be in a position to be buying bitcoin.

Quote from: Perfectbaby on Today at 01:53:13 AM

Thus, though who had already made investment in bulk and front loaded their portfolio necessarily have to be in pressure for investment and can either join gradual accumulation while the market is either being in a dip phase where one needs to carefully monitor the market before starting the accumulation process.

If you are new to bitcoin, and you are using funds that are from your disposable income that you are not going to need for 4-10 years or longer, then there should be no need to get all worked up about whether the BTC price is going up or down or sideways, and surely there are advantages to those who are able to continue to invest into bitcoin, and surely not everyone is able to front-load their investment. Usually people who are able to front load their investment would be reallocating from some other investment that they have.. or maybe they had come across a lot of money by selling a business or a house or inheritance or some other reason that they are able to buy in a lump sum way that is front loading their investment.

Quote from: Perfectbaby on Today at 01:53:13 AM

And that is true, the disadvantage of not accumulating when bitcoin price dip could result in either regret or having no option to wait while the price makes a reverse where they would need start when the price dip again, but they had already missed their previous chances where they could had use the first chances to double their portfolio but yet without knowing that any chance missed today in bitcoin investment can never be recovered anymore since bitcoin doesn't go back to the previous price just as those who missed the earlier stage of 2013-2020 can never have that value back again because we keep growing the more bitcoin price keeps rising from the previous to above what we don't even imagine could be the worth.

I doubt that you are helping yourself out when you are getting overly concerned about potential short term changes in the BTC prices, and it seems to me that long term investors should not be getting too worked up about short term BTC price changes, and surely they are still investing into bitcoin with an expectation that their investment into bitcoin will put them in a better position than if they had not invested into bitcoin, yet at the same time, there are no guarantees that they are going to do better because they invested into bitcoin since past bitcoin performance does not guarantee future good performance.

Folks who get overly worked up about short term BTC price moves might be trying to buy on the dip and then sell when the BTC price goes up, and surely I do not recommend trading, and especially trading likely puts people into a gambling mindset rather than an investing mindset, so you likely should be able to invest whatever you are able to do on a weekly basis and then hopefully after 3-10 years or longer, you will be in a better place and with more options than you would have had if you had chosen not to invest into bitcoin. And yeah, there are no guarantees, since bitcoin could end up going to zero, yet you figure out the size of the investment that you would like to make, whether it is $100 per week, $10 per week or some other amount that seems to be reasonable for your situation and your perception of how to go forward with your bitcoin investment strategies... and frequently, I suggest that guys need to spend time accumulating bitcoin first before they are in a position to potentially consider other strategies, such as merely just going into a maintenance stage in which they might have concluded that they have accumulated enough, yet if someone is investing bare minimum amounts, it could take 15-20 years or longer to really get into a place where he might be able to transition away from accumulating BTC and potentially into a maintenance stage.

Quote from: Perfectbaby on Today at 01:53:13 AM

Just as many has been speculating that bitcoin could hit the price of 100k at the end of this years, though I can't say this not possible but sometimes there is need to be questioned because this year already running to end how and where could this likely happened and of course there is every possibility but when checked the historical data there isn't point that this end of the year would see bitcoin hitting the price of 100k but hopefully would happened by next as we may have it.

If you are fairly new to bitcoin and if you are planning to invest into bitcoin, then why should you give too many shits about whether BTC reaches $100k or not? unless you are planning to try to trade it, and I really doubt that DCA is a great strategy for trading, but yeah, you can do whatever you like. If you want to spend some time accumulating BTC in order that you can sell it for 30% to 80% profits, then that is your choice, and you are likely going to have fun staying poor (as the saying goes), since bitcoin seems better as a long term investment and a long term time frame for investing into it rather than fucking around with getting in and then getting out for likely small profits, especially if you barely spend any time (or you barely have any money) investing in it. But whatever, you are free to do what you like, even dumb things. It is your choice how to treat your bitcoin investment (and/or trade).