Quote from: Zackz5000 on Today at 08:38:57 AM

Quote from: Popkon6 on October 10, 2024, 10:35:52 PM

Quote from: Pi-network314159 on October 10, 2024, 04:48:15 AM

I agree with you that a farmer that knows there way around can make a reasonable or sizable amount within a short period of time, but presuming that bitcoin is less expensive is what I don't agree with, because most people invest heavily into bitcoin as a major investment. like Michael J Saylor and many more of them. Bitcoin is not as cheap as you think, you are probably concluding bitcoin investment due to how little by little one can invest in terms of DCA but don't forget that there is a strategy call lump sum which you can also invest once at a go, and it doesn't have a specific figure. it can even be $100m at once. bitcoin investment is cheap and expensive just like any other business, just that you invest what you can afford to buy doesn't make it cheap.

To think about Bitcoin investment we must first know about the strategies to invest it. Because the DCA method is the only way to invest in Bitcoin, this DCA method offers a lot of savings in the purchase price of Bitcoins, and some people only buy Bitcoins in the deep market. And there are many more who buy bitcoin regularly every week, so every investor's buying habits are different.
However, the most benefit is achieved by doing a regular DCA procedure, as the investment is long-term and the investor is most likely to be successful. So for Bitcoin price to reach 100k dollars we only need to think about holding it as a target. How do we keep bitcoins for a long time by investing regularly.

No mate you are wrong the DCA strategy is not the only strategy use in accumulating Bitcoin, we have the lump sum strategy, the buy the dip strategy, and also the DCA strategy. I believe the reason why you said that the only strategy use in accumulating Bitcoin is the only the DCA strategy because it is the strategy that most investor uses when accumulating Bitcoin because with the DCA strategy an investor can accumulate more Bitcoin little by little either weekly or monthly regardless of the price and continue to hodl for the future.

And secondly those investors who only accumulate Bitcoin during the dip are not real investors since they only wait for the dip before accumulating Bitcoin, and waiting for the dip before accumulating will make you as an investor miss alot of opportunities of accumulating more Bitcoin in the market, ok what if Bitcoin did not dip such investor won't accumulate Bitcoin right? That's a wrong approach meanwhile with the DCA strategy you strategy you can accumulate Bitcoin if dip or not .

which investor just wait for the dip to invest in Bitcoin, they can never invest in Bitcoin at the right time ever, because when the price is low they think it will go down more, but the price will be pump, as a result they only missed up evry time all the Good opportunities. Also those type of investor who wait the dip they can't never be sure that a dip will actually come. So I think that those investor who wait for the dip, they will only lose opportunities and never can invest at the right time ever.

The most important thing about DCA in this regard is that it does not care about short-term ups and downs of the market, and regular investment always gives good long-term returns. Because this method takes the long-term average price and small fluctuations in the market do not have any negative effect on the method, it is a disciplined and long-term profitable strategy.