Quote from: LUCKMCFLY on September 11, 2024, 08:53:32 PM

Quote from: As-Soon-As on September 08, 2024, 04:48:56 AM

Now only if we are investing in bitcoins with DCA method then we only need to aim to invest in bitcoins. So if you invest in Bitcoin at a high price and in a short period of time and immediately sell your holdings when the price of Bitcoin rises then the DCA method will not work. To invest according to the DCA method, the investment must be long-term and the thought of holding bitcoins only, and if you are holding bitcoins with money at any price, then keeping it for a long time will give you the maximum profit and your money will be together. Your investment may be approximately 5 years to 10 years or more depending on your strategy and mindset.

Yes, the DCA method reminds me of the method that Warren Buffet applies but in stocks, in the stock market, it is something similar and his waiting time to obtain benefits is 8-10 years and it really works for him, it works for him and well, for some reason he is one of the best investors in the world, so this method really is good, of course it always has its risks, but for me the risks of losing are very, very low, this is one of the best that can be Done.

I think the DCA method is relatively low risk because if you can start today, it can give you a step forward. You will find that the price of Bitcoin is constantly fluctuating and holders are valuing their holdings more because they know how much it can increase in value in the future. During a price correction, more buying opportunities are created which tends to increase holdings for an investor. Accumulating Bitcoins with the DCA method will positively influence the long-term trend so that valuable assets like Bitcoins accumulate in your portfolio in line with alternative income.

By alternative income I mean if you are involved in a job or business, a portion of discretionary income from that can be stored in bitcoins through DCA method and till your retirement you will have a huge stash of bitcoins.