Quote from: Promocodeudo on October 05, 2024, 06:33:36 PM

Quote from: bubilas on October 04, 2024, 07:12:35 AM

After reading more replies in this thread I realized that the discussion here goes beyond just buying Bitcoin, and the main accumulation method is DCA. Thanks for your clarification and patience in explaining, it's a pity that not everyone can treat newcomers in this thread so well. Well, as far as I understand, the DCA method has an interesting aspect regarding the fact that if you buy Bitcoin every month, then all such investors will still have different results, because there are thirty days in a month and, for example, two HODLers will have different results due to prices.

Exactly the point buddy, the major concentration and mindset of many bitcoiners here is the long-term goal achievement, we are not just talking about buying because one can keep buying and get discouraged on the way because of lack of planning and inability to realize that as an investor you don't need to invest all your earnings, there should be funds left for an investor carter for other needs that's why @JayJuanGee with other active participants here always talk about DCA mathod because it enabled you to invest with the little you can gradually, continuously and steadily without stress, this method gives you room not to invest in way that surpass your financial ability, am happy that you are now finding this thread interesting.
This DCA method was introduced to allow people to buy the amount they can not minding the price of Bitcoin at all tome

I think Bitcoin investment would have been for the rich alone or people that has lump sum amount but with this DCA method, every interested individuals have a stake in Bitcoin as far as they DCA with what they can sustain continuously, we should also know that DCA method is a smart method of investing in Bitcoin because it gives us the opportunity to keep acumulating Bitcoin in smart way that will surprise any intending or existing investor that keeps waiting for the dip to come before they can start buying which might not come, with this method the price of Bitcoin doesn't matter to you since our mindset is centered on a long-term which is the major reason for the investment.

Yes, definitely every hodler will have different result as you said not only because of the price but the amount they are DCAinv with, every individual has an amount they are DCAing with monthly or weekly which may also change as time goes by, so their holdings will never be the same irrespective of the price of Bitcoin.

Now I understand that the DCA method is very long-term. This means that it does not matter who bought Bitcoin on what date in the month, because over time, the moving average will be the same for everyone, over a very long distance. But this is true, because the method does not assume short terms.

Also, after thinking, I found a plus in the DCA method: you do not need to constantly worry about the price of Bitcoin at the moment, and this advantage eliminates stress and constant price checks.