Quote from: Kelward on Today at 08:57:15 AM

Quote from: JayJuanGee on Today at 07:48:12 AM

Quote from: Wolf of One Street on Today at 07:21:26 AM

Quote from: Justbillywitt on Today at 06:51:32 AM

Quote from: Student of Bitcoin on Today at 04:38:59 AM

I asked about investing in my local board. The price of Bitcoin has currently increased and touched around 78 thousand dollars, So I want to know here how easy it is to invest in DCA method? Or investing in memcoins or sheet coins is easy.

The DCA method is not an investment itself, rather it is one of the methods that are utilized to invest in bitcoin. The method is very easy to use and it's very efficient. The method allow you to invest certain percentage of your weekly or monthly income in bitcoin, on a regular basis. This method is suitable for all levels of investors. And as a beginner you should embrace it.

My advice to you is to stay away from Meme coins and shitcoins. You are going to get into trouble when you venture into those shits stuffs. Let your investment remain in bitcoin only. Bitcoin will not fail you, but the moment you venture into meme coins and shitcoins, you have given yourself up to a scam and your investment is out of your control, so stay from them.

Can you explain better what and how this DCA works?

How much of the thread have you read?

Perhaps you should show a little proof of work instead of merely dishing out assignments.

I had to check the rank of @Student of Bitcoin and @Wolf of One Street, to be sure that they're newbies for asking these questions. And since they're newbies, I guess that I can excuse their lack of proper knowledge.about the best option for crypto investment and what DCA method means.

We are not talking about "crypto" investing in this thread.

Quote from: Kelward on Today at 08:57:15 AM

Thankfully, @Justbillywitt, has done justice to that by summarizing the answers to their questions, and it's now left for the two newbies to take it up from there and increase their knowledge.

Who gives a shit if they are newbies or not? There are still needs for guys to attempt to construct ideas in their posts.

Sure, you can choose to give them a break all that you like in terms of your choice to "excuse their lack of knowledge" and spoon feed them to your hearts content. That's your choice.

Quote from: Kelward on Today at 08:57:15 AM

The answers that were given to them are very easy to understand as far as I'm concerned, DCA is not an investment but a method to periodically accumulate Bitcoin, preferably weekly or monthly. Also Bitcoin is the most reputable cryptocurrency

Again, we are not talking about cryptocurrency and engaging in comparison contrast in this thread. Yeah, sure you might want to convolute your ideas about bitcoin and/or try to sound smarter since you seem to understand that technically bitcoin is part of a larger subset blah blah blah.

Hopefully, for your own good (and your refusal to focus your ideas on bitcoin) you know the difference between bitcoin and shitcoins in order to realize that DCA does not necessarily work with shitcoins, and there likely is a need to engage in a decent amount of analysis of the shitcoin to figure out what the fuck it is, and then even if you might be able to kind of figure out what the shitcoin is, then at that point, if you do conclude that DCA might work with such shitcoin (or shitcoins), then you would likely be best to be figuring out some kind of a timing for that, and hope that you don't end up getting rug-pulled prior to your ability to make sure you get out of such crap.

Quote from: Kelward on Today at 08:57:15 AM

that has proven to be a store of value, you accumulate over a long period of time and at every circle you'll continue to get ROI.

You think bitcoin is guaranteed to go up in value? Every cycle? How did you arrive at that conclusion? Do you also conclude that past performance guarantees future performance? or do you have some other kind of perspective on the topic?

Quote from: Kelward on Today at 08:57:15 AM

Most altcoins are shitcoins, you'll be gambling your funds in the process of chasing quick profits on the short term.

If you know that then why did you use the term "cryptocurrency" and then say that bitcoin is part of such group? Are you trying to suggest that some shitcoins are worse than others? Oh perhaps if you are saying "most" then at least more than half of them aren't any good, which since there are 10s of thousands of altcoins (or crypto) then surely you must be suggesting that some of them are not bad... At least you did not end up going into trying to describe which ones might be less shitty than others... there might be some bonus there. Perhaps?

Quote from: Kelward on Today at 08:57:15 AM

I believe that the point that @JayJuanGee, is hitting at is that newbies shouldn't ask unnecessary questions especially when the answers have been given. They should read more, be active in the forum to increase their Bitcoin knowledge, then only ask questions where there's a confusion for them, inorder to get clearity. But questions becomes irrelevant and unnecessary when answers have been given.

I have no problem with newbies asking a whole bunch of dumbass questions, especially since I think that this thread is open to everyone and also that many of us have been pretty damned receptive to both newbie ideas and also inevitably there is going to be (and there has been) a lot of repetition of topics, and surely I don't even have any problems with repetitions of topics. It could be that I was merely having a bad moment when I responded to the seemingly dweeb @Wolf of One Street when he comes into the thread and appears to have done absolutely nothing except giving an assignment to other forum members to explain the whole fucking thread to him. yeah, sure, if @Wolf of One Street had shown that he had done even a tiny bit of researching into the matter, besides proclaiming that he had "done a lot of thinking about it," then perhaps he might have triggered a wee bit less backlash in regards to the superficial triteness of his couple of posts, so far.

Good for you @Kelward that you want to defend him and to spoonfeed a seeming and possible troll. .that's your choice. I am not going to proclaim that other members in this thread are saints in regards to their posts or their post contents because frequently we can see that some members are spouting out meaningless and non-contributory nonsense in their posts and not really saying anything meaningful, and surely on a personal level, I would rather not encourage such low effort and/or low value posts, even though several of us in this thread likely see that some of the posts of this thread fit into such category... which that is where @Wolf of One Street seems to fit.. at least so far in his short post history.. yet maybe he will step up his posting game a wee bit moar better, and figure out a way to read a bit or engage in a bit better preparations to formulate better posts. Perhaps? perhaps? I am not going to hold my breath in anticipation of such occurrence.