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 totally agree. The main thing at stake with DCA is time itself. And if you are disciplined enough, it won't be hard for a person to apply it and try it out, with BTC first and foremost.