Quote from: palle11 on Today at 02:47:39 PM

Quote from: Ricardo11 on December 11, 2024, 04:35:15 PM

Quote from: palle11 on December 11, 2024, 02:44:18 PM

Quote from: xbartoni on November 19, 2024, 03:25:29 PM

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

DCA is good for investment and you have to have funds to be able to carry it out and accumulate it without going to it when it has not increased. To invest using DCA, you have to buy at a low price so that when it starts to increase you will see your return, so it is late to invest now because of the high price of bitcoin. Wait for bear and accumulate for next bull run.

For the DCA strategy to work successfully and for Bitcoin to achieve real success, DCA must be continued for a long time. For those who want to invest using DCA for long-term holding (at least 10 years), they should start investing now instead of waiting for the dip to start investing, because as a result you will always miss a good buying opportunity, and besides, if you invest with DCA, you do not have to worry about the price, because DCA will give you an average price in the long term, from which you can benefit more. You have to hold Bitcoin for a long time with faith, patience and long-term holding are the keys to the success of the DCA strategy, and as a result you can achieve real success in Bitcoin.

I don't believe in blind investment. To start DCA now is late from where market and price has reached. If it was earlier then to continue now won't be a bad idea because of the profit already gathered. In the beginning of the year, btc was around $42,500 and it is now touched $100,000 which is about $57,500 profit on a coin and that is a good profit for those that started that time. So I believe to wait to begin a new DCA investment is better than to join now.

Except you are expecting the price of btc to get to $200,000 this season before the next bear.

If you are cool with waiting at the ball park for bitcoin to dip to your expected price during the bear season before you invest, that's good for you as a no coiner. Anyone that doesn't have any bitcoin shouldn't be waiting for the bear market before buying. If you have the money to buy and continue with your DCA, you should start right away. Don't see bitcoin as a get rich quick scheme or think about profits before investing, if not you will be short sighted to see the power law of bitcoin.

See bitcoin as your bank, where you save your extra funds in for long so that inflation will not eat up the value of you hard earned money in future while you are piling it up in the bank. Maybe, this will encourage you to start your DCA immediately, irrespective of the price of bitcoin. Profit is an additional advantage for investing and hodli for long.