Quote from: mamesso on Today at 09:17:21 AM

Quote from: PremiumcryptoHub on Today at 07:10:18 AM

Quote from: Kara3 on October 09, 2023, 08:02:59 PM

I don't know if anyone else has different opinion about it?

DCA is a very popular strategy among all investors these days. By adopting this strategy we can buy bitcoin consistently at a fixed price in any market situation. The bottom line is that investing in this method means you don't have to worry about any market conditions as you can buy bitcoins at any moment with the funds you have. DCAing is easy for everyone to invest in as you can make bitcoins in small chunks weekly or monthly as per your ability. Since In this system, investors invest in small amounts of Bitcoins so that if held for a long time, it will grow in size, meaning you will have a lot of Bitcoins.

The DCA strategy is more reliable and less risky than the direct purchase strategy, the majority of Bitcoin investors prefer this strategy because they will never know what will happen after buying, whether the price will go up or even go down.

What you are saying is not quite correct, since DCA is generally better for more people because it allows for better management of their cashflows and not because they are delaying purchasing with lump sump funds that they already have, sure even a person who has lump sums available might choose to ONLY invest a portion of the lump sum funds right away and he might structure other portions of such available funds with DCA and/or with buying on the dip, so of course, anyone who has more funds immediately available has more options regarding how much to buy right away and how much of those funds to defer purchasing through DCA and/or through buying on dips.

DCAs that are authorized through receipt of income could be considered as buying right away with funds that come available, and sure whenever funds come available, if they are thereafter self-authorized to be used for purchasing BTC, they can be authorized to buy right way or they can be deferred by further DCAing out into the future and/or by buying on dips.

Part of my point is that it cannot be completely known if buying right away versus employing some delay of buys would be preferred, so there is a bit of discretion in that, even though frequently we know that if someone is new to bitcoin, they should be prioritizing buying BTC regularly, ongoingly and persistently, so they need to be careful with any strategies that overly defer their investment.. which kind of goes back to the expression that time in the market is better than timing the market, yet since bitcoin tends to be so volatile, there frequently are opportunities to buy on dip, yet dips are not guaranteed either since overall BTC price trends have tended to be upwards.

Quote from: mamesso on Today at 09:17:21 AM

When buying periodically or using the DCA strategy, investors can buy when the price is low or when the price is high, in the end they will get the average price of Bitcoin and will not get trapped psychologically because they will not be too anxious when the price fluctuates significantly.th can collect as many Bitcoins as possible in the long term without worrying too much about price changes in each period.

I agree that a lot of value comes from just buying regularly and at whatever price, yet I am also not opposed for guys (even newbies) to be holding some back for buying on dips, since it can feel good to buy on dips, yet some guys (including newbies) seem to get too greedy or read too much importance in regards to buying on dips as if it were preferable to buying regularly, persistently and consistently.. especially in their first 1-2 cycles (each cycle being 4 years), and really it is likely not really that big of a deal to buying a lot of BTC at whatever is the going price when the money comes available rather than waiting around for dips that may or may not end up happening, so the guys who are regularly and consistently buying are likely ending up in a much better position after 4 years or longer of employing such practices rather than guys fucking around too much with waiting for dip techniques for dips that may or may not end up happening.