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You are very wrong here, using lump sum to accumulate a huge amount of Bitcoin at once is not a bad strategy and will not affect your financial status except you don't have the financial strength to use the amount you used in accumulating it, there are some set of people they see DCA strategy as stress to them because of there busy schedule so they just buy at once and hold and I see nothing wrong with that, for example someone decides to
use $2millon to $5million or even more to accumulate at once using the lump sum strategy and then hold it for 10 to 20 years, do you think he won't be successful in that his Bitcoin investment.
Some set of people in this thread only believe the best strategy for Bitcoin investment is DCA strategy forgetting that humans are different and that is how there financial strength, time and the rest is different what may go down well with you may not with someone else.
@sotelorene saying in his write up that buying Bitcoin at once may affect your financial status without proper explanation is missing leading, yes DCA strategy is good so also lump sum strategy, what matters is if such strategy will be comfortable for you.
Can you try to be more realistic with your examples?
Do you think that most normal people have $2 to 4 million sitting around to invest?
Try to share more realistic examples, and yeah sure there are some folks that have lump sum amounts available.. either they have the amount that comes to them suddenly, or they can draw the lump sum amounts from other locations (investments that they have).
I would suggest that even someone who might have investments into other things, they are frequently not going to want to cash out of their other investment and put that into bitcoin, even though surely there could be some cases in which they will make that kind of a choice.
Giving more realistic examples will be helpful, even though your overall point about lump sum investing into bitcoin surely is not a bad one, since DCA and lump sum might not even be very different from one another, since many times folks will DCA into bitcoin with as much extra money that they have available.. so they are not necessarily purposefully slowing down their investment into bitcoin, so if a person has a lump sum amount that either comes available or that they can make come available, it may be reasonable for them to buy bitcoin right way with that amount rather than delaying with DCA or even with buying on dip, even though surely someone who has a lump sum come available to them will tend to have more options than a person who is completely relying upon any extra cashflow that they might get from their regular income to buy bitcoin.
I used that example in other to make it more understandable, it may not be a realistic example for you but there are people accumulating with even with more than that amount I mentioned and yeah normal people may not have such amount to buy at once and I don't remember mentioning normal people in my example we all know that a normal person can't invest with such amount because he or she won't have it, I'm talking about rich people who has such amount of money and wants to use it to invest in Bitcoin.
Yeah you are right some people may find it hard to cash out from there other investment to invest in Bitcoin and the reason may be because that invest is there source of income so using DCA strategy will be more better for them, because if you cash out from your other investment and then use it to buy Bitcoin at once knowing fully well that's your source of income, you will one day deep has into your Bitcoin investment to settle bills, the money use should use for a lump sum is money that won't affect your financial status if been removed, it may be easier to cash out from your investment when you have many investment and may decide to do so with 1.
I never realized that I over pointed on lump sum strategy, however you are very correct sir JJG when you said DCA and lump sum might not even be very different from one another, one is buying bit by bit and the other is buying at once there two are now holding is really not very different but there's a different.