Quote from: Samlucky O on Today at 12:54:34 PM

Quote from: Tungbulu on Today at 06:03:31 AM

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.............even if it will be given a try to gamble with our fund it will be %5-10 of the profit generated from bitcoin profit as said by JJG, ........

I would not want to overly complicate any formula, including that I would not proclaim that your BTC has to be in profits before you might want to allocate up to 10% of your bitcoin holdings into trading, shitcoins and/or gambling. People have choices, including choices to gamble and get into shitcoins, and surely many of us in this thread and many of us who are focusing on bitcoin suggest that people should not get into shitcoins at all, and they should focus on bitcoin first, yet there are people who cannot resist the temptation to gamble, trade and/or get into shitcoins, and if they could at least limit the amount that they put into shitcoins to be less than 10% of the size of their bitcoin holdings and/or less than 10% of the amount that they might be regularly DCAing into bitcoin... So if they have a budget to be able to DCA $100 per week into bitcoin, then they could put $10 of that into shitcoins/gambling and/or trading... and hopefully also they are not trading. If their shitcoins/gambling and/or trading is not profitable, they are not coming back to BTC to withdraw another 10%.. They are then stuck with the 10% of the BTC DCA amount each pay period or however, it is that they are employing their DCA payments.

Whether a portfolio is profit or not remains another question that each person would have to figure out how to deal with which portions of their portfolio is profitable and which one is not, and sure maybe both portions are profitable just at differing amounts. They would have to figure out how to deal with those kinds of matters while still limiting the amounts that they would be taking from their BTC to place into trading/gambling/shitcoining portions of their account.. keeping track of the matters.

Of course, the focus of the discussion of this thread is how to deal with the bitcoin investment portion, so hopefully folks are not getting too distracted away from whatever time, energy and value they are putting into their bitcoin investment, and surely some folks will get bored with their bitcoin investment, since once they have their cashflow management in place, then they might merely be DCA investing into bitcoin for several years with some (or perhaps a lot of) variation in the BTC price yet perhaps a sort of consistent plan that might contribute towards them being bored with it... which sure might be another attribute that attracts someone over to wanting to trade/gamble and/or to get involved in shitcoins, even if 90% of their value and efforts should still be focused on BTC.. yet some folks cannot resist, so the best suggestion that any of us can make is to limit their exposure to no more than 10% of their time, energies and value.. and people have to figure it out for themselves whether to follow such limitations or to go on their own path and figure out their own ideas of whatever limitations that they believe that they might be able to employ within the boundaries that they had determined to be acceptable.

Quote from: EarnOnVictor on Today at 01:36:01 PM

Quote from: JayJuanGee on September 26, 2024, 08:57:08 AM

It seems to me that part of EarnOnVictor's problem is that he is spouting out that there is supposedly some better strategy than DCA, but he does not really particularize such strategy in a replicable way including figuring out how to show normies how to follow such a supposed superior strategy in terms of acquiring and/or maintaining their BTC position.

You are actually misrepresenting the fact once again, as usual, perhaps you are trying to deviate from the major.

Instead of whining, then maybe you should attempt to explain what it is that you are talking about so that some of us might be able to understand MOAR better. I have no intention to misrepresent your ongoing seemingly wanna be smarter than everyone else nonsensical proclamations.

Quote from: EarnOnVictor on Today at 01:36:01 PM

DCA is a very good investment strategy and no one is comparing strategies here, I don't do that, get this straight. I rather vary my preferred strategies based on the market conditions, DCA is just one, we have enough of them but I don't know why that is difficult for you other than your own belief of HODLing alone and using the DCA approach for it. So static! It mustn't be them for everyone, it's your choice.

More gobbledy-gook from you in that you are not comparing strategies, even though you are saying the DCA is not sufficient because it is too static blah blah blah.. so you supposedly have something that is better and more moving and trying to time the market, yet you fail/refuse to give specifics about how that is going to consistently return better results than something like DCA that is more tailored to the person's budget rather than tailoring to trying to figure out what the fuck BTC prices might or might not do.

Quote from: EarnOnVictor on Today at 01:36:01 PM

If you must know, I HODL and DCA, so you don't teach me what I know.

Good for you, and who is trying to teach you? not this here cat. You can do what you like, which you seem to be doing even before I mentioned it.

Quote from: EarnOnVictor on Today at 01:36:01 PM

But what you don't know or do not want to agree to is for one to be a smart investor, it's just your HODL and DCA, you even do it with disregard to other factors that can better maximize your earnings or preserve your portfolio better. You are lucky Bitcoin is a good asset, other markets would have punished you for it.

We are investing in bitcoin here, and so that is what we are talking about, and yes, bitcoin is a good asset since it tends to go up, and people do not get punished as long as they continue to buy and hold and don't be fucking around with selling until perhaps after they have reached an overaccumulation status, which surely could take a couple of cycles, unless some of the guys might have been able to front load due to some other investments they are able to move into bitcoin in the beginning of their investment into it.

The ones who have tended to get punished in bitcoin are the traders and/or the ones getting distracted into shitcoins (and/or not knowing the difference between bitcoin and shitcoins).. also if they sometimes consider that trading is going to help them, then they tend to get punished by engaging in those kinds of behaviors.

Since we are dealing with bitcoin, one of the better things is to understand bitcoin, and therefore invest accordingly, which is that those who have been consistently, persistently and ongoingly accumulating BTC have been rewarded rather than punished... as long as their investment timeline is 4-10 years or longer, and there is no reason to speculate a need to change bitcoin investment strategies from here on out.

Quote from: EarnOnVictor on Today at 01:36:01 PM

Whether I HODL or DCA, my investment chart must approve it, I don't do anything blindly, it doesn't matter the years I leave it running but the striking price must be reasonable with a reasonable market condition. This has been my guide ever since, for instance, why should I DCA when I see a potential price reversal?

You should not buy if you believe that the BTC price is going down, yet most people don't know, so it is likely better to just continue buying and not try to be a BTC price prediction guru.. because frequently even if normies start to believe the BTC price is going to go down, the BTC price does not always go as anticipated, and they might have ended up fucking around waiting rather than buying.

Sure, once they get a larger stash of bitcoin, they might start to have the luxury of waiting rather than buying all of the time.

In the very beginning it is way better for the normie newbies to just be buying BTC blindly and to get their stash up to a certain size.

And, by the way, this thread is not about you, you egotistical twat.

Just because you are able to figure out BTC price moves and you happen to know everything about if the BTC price might reverse, that surely does not mean that normie newbies are ready, willing and/or able to even try to figure out short-to-medium BTC price moves.

Quote from: EarnOnVictor on Today at 01:36:01 PM

For what reason should I enter fire when I know it is going to rain fire?

You shouldn't.

Quote from: EarnOnVictor on Today at 01:36:01 PM

Why not be patient for the reverse to happen before applying the DCA at a better price?

Because generally normie newbies (and especially no coiners or low coiners) don't know which way the BTC price is going to go, even when they think that they know. So amongst the best of things for normie newbies to do is to just buy regularly, consistently and persistently... especially if they are in their earliest years of building their BTC stash.. perhaps their first cycle or two.

Quote from: EarnOnVictor on Today at 01:36:01 PM

Investing is not by force and I don't know why safe investing is difficult for you to acknowledge.

Investing may well be by establishing good habits, which is getting started rather than sitting around waiting, and also buying BTC regularly, whether it is DCA and/or through lump sum and/or buying on dips... but DCA is the best for most people, yet they surely can tailor their BTC accumulation approach to their circumstances and/or even considering specifically their 9 factors, which also might also might end up including buying/accumulating BTC through lump sum and buying on dips.

Quote from: EarnOnVictor on Today at 01:36:01 PM

Investing is more detailed than all these things you guys read and watch online, try to do some practical studies yourself by using what you learned as the fundamentals.

I already considered a lot of matters related to BTC fundamentals, and I did most of my accumulating in my first 2-3 years in bitcoin, yet I had also been changing my approach in terms of maintenance and even liquidation and/or withdrawal, and I am open to learning other techniques that might work in these various stages of BTC management, yet if we are talking about normie newbies, they are probably going to be best served by both getting started as soon as possible and without delay and perhaps starting out their BTC accumulation journey with DCA buying into BTC while they are getting their cash flow situation in order and then perhaps also consider their various 9 factors too so that they might also consider the extent to which they might want to employ lump sum and/or buying on the dip. I am glad that you got your personal factors figured out.

Quote from: EclipseXcrypto on Today at 01:41:18 PM

Quote from: EarnOnVictor on September 23, 2024, 07:36:18 PM

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Criticising DCA as overhyped means you don't fully grasp the effectiveness of the strategy regardless of market conditions. DCA strategy is a wise move for those who prefer not to wait for bearish market before investing. Many investors are leaning towards using DCA strategy in Bitcoin because it offers a way to invest consistently without timing the market, and it also helps one not to make poor decisions due short-term fluctuations. By consistently investing a portion of your income/ earnings through DCA, you avoid the the risk of using those funds for other purposes while waiting for a bearish market. The strategy is helps you to stay disciplined and committed to your investment ensuring that you build your bitcoin holding overtime without the temptation of to spend the money elsewhere.

The fundamentals of bitcoin as an assets and the growth potentials overtime is the reason for long-term investment. Those who bought bitcoin in 2021 at 68k, while the initial investment may have been made high price, the long-term outlook for bitcoins value and adoption could still offer the potential for profit in the future. Staying committed and having faith in the long term growth of bitcoin

Of course, EarnOnVictor's selective choice of buying at the top in 2021 is an example that is full of shit, and several members already discussed that the ongoing of BTC from 2021 would have brought the average BTC cost down to right around half the buying at the top price. In other words, EarnOnVictor seems to be creating a strawman argument with that out-of-touch example.

Quote from: Jewan420 on Today at 04:38:25 PM

Quote from: EclipseXcrypto on Today at 01:41:18 PM

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I think more knowledge about DCA is needed. The main objective of DCA is to increase the probability of profit by reducing the probability of loss.

Sure some considerations of the fundamental value of the asset (in this case bitcoin) is helpful to the choice to invest into it long term, yet at the same time, it seems to me that DCA allows a person to adapt the amount of the investment to his budget, so sure there is an assumption of long term profits that may or may not play out, yet DCA does not really change whether an investment is profitable as much as it allows for tailoring of the investment amount to the discretionary income of the person employing it.

In the long run, surely the amount invested would reflect the average price over the years of the asset (in this case bitcoin) so the DCA approach becomes more profitable once the asset goes up in price, so even if some units had been purchased higher and other units lower, the average purchase price is likely in the middle of all of that, and so if later on BTC prices go up, then profits from all of the previous purchases would end up going up, so even if each new unit will then cost more to purchase, the overall value of the overall BTC portfolio would end up being greater so long as the price trajectory of the asset is upward with the passage of time.

Of course, many of us consider that the fundamentals of BTC contribute towards it being likely to go up in price with the passage of time, even though we surely cannot know how much it will go up and we also should know that it is not guaranteed to go up.