Quote from: Scarlett_23 on January 07, 2025, 02:19:02 PM

Quote from: JayJuanGee on January 07, 2025, 12:27:41 AM

Quote from: Pi$$ on January 06, 2025, 11:49:12 PM

Quote from: Uhwuchukwu53 on January 06, 2025, 08:15:27 PM

I am not ignorant that others strategies is good based on choice of individual or investor but emphasize most on one that can accommodate all kind of investor without putting phobia before the investor. For instance using our domestic market to explain to a layman if I want to buy something like smart phone which I can't afford the money at once or even if I will if my source to avoid it is not enough it will make me to have a rethink of buying it no matter the value but where I have an option of paying installmentally, I will be eager to rush in buying it this are the perspective I see lumps sum to DCA as this DCA serve to be more easier and reduce phobia to whoever that may not lumps sum due to how it's financial credibility could be.

Its called choosing a strategy because its by choice. All strategies are unique in their own kind of way and it is left for the investor to know which to choose. There is nothing like the best strategy. Don't forget even DCA you claim to be the best has its own flaws which is the slow aspect of accumulation. The rich people rarely see it as a preferred strategy because why should they wait for a long time before they can invest when they can quickly buy a whole Bitcoin or more with the money they have. Like i said its by choice depending on what they want. Even some rich investors will still choose to DCA instead of Lump sum because they want to accumulate gradually with less risk at the same time trying to understand the entire investment thing for a time before they can completely go all in.

In the meantime. Try reading your post again, it lacks clarity i barely could understand what you wrote. You might rather be contradicting yourself and misleading others once its not understandable.

Quote from: Uhwuchukwu53 on January 06, 2025, 08:15:27 PM

Well I stand to be corrected but view your understanding over my post as misconception on discribing the lumps sum, there smaller investor who can't buy at once because they consider the lumps sum as huge investment in trying to buy once but using the DCA where one can buy gradually even with smaller amount depending on the individual ability make it more easier,

You are repeating the same thing over and over again. Buying on Lump sum is not a do or die thing. Everyone should cut their coat according to their size. If you have to lump sum then do it if you don't have then go with DCA. Smaller investors should use a strategy that suits their financial capability and leave huge investors to lump sum.

Many of us should realize that lump sums can come available to poor people or to rich people even though it is more likely that rich people will have more opportunities to come across lump sums, and lump sums could come at the very beginning of investing or maybe they come available after a person had been investing for a while.

I like to think about lump sums as amounts that tend to be outside of a person's normal cashflow, yet surely even a lot of variance in cashflow might cause some amounts of money to seem more like lump sum amounts rather than part of the normal cashflow amounts. So we can be faced with dilemmas about if we should invest lump sums right away or if we might use some of it for DCA and other for buying on dip and maybe even other for buttressing up reserve funds and/or even to build up emergency funds to a better level.

For example, a person might have an income of $25k, and maybe he had been investing $100 per week into bitcoin for a year, and that would be considered pretty aggressive investing to put right around 20% of his income into bitcoin, yet if that person got some kind of $5k bonus (or surprise amount of cash that suddenly was available), he may well consider himself to be quite fortune to come across an amount of money that equals his whole previous year of investing, so he could be faced some difficult decisions regarding how to spend the money, whether to invest right away, to use some for DCA or buying on dips and/or to buttress up his emergency funds and/or reserve funds.

There likely is no one correct answer to the question, except maybe to at least consider the categories and to decide how to apportion, including that he could decide to use all in one category rather than apportioning, and those are all considerations that any of us should be able to make, and we likely would be in a better position to decide once we have already put our bitcoin investment systems in place and after we had been practicing investing into bitcoin for a whole year prior to receiving the extra bonus money.

These kinds of lump sums can come to poor people or to rich people, and sure we likely realize that it is less common for poor people to come across such opportunities, but it is not out of the question that it could happen, even if the amounts might be smaller for poor people as compared with rich people, yet they still might be faced with some similar dilemmas regarding how to allocate it and if so whether into bitcoin.

I want to tell you that a lump sum is a sum of money that comes suddenly. It can come at any time and in any way. It may be because the person has sold a property given by his father or because of a sudden promotion in his job or because of a big bonus. Now the question is how the person will spend this lump sum. The person must think and plan to spend that money. . That person is investing in Bitcoin using the DC method every month. And the investment that the person is making is from his main salary or monthly income. Getting that lump sum of money for a person is another new opportunity to invest in Bitcoin for the person. You divide your money into several parts. In that case, keep the DCA strategy and whenever the price of Bitcoin dips in the market, invest from that lump sum here. And keep the other part for your safety or for emergencies. Because human life is first of all a sudden danger can come in personal life, in which case you definitely need a shelter, you should keep some money from here. I will not tell any person to invest all his money in Bitcoin and I will not tell him to save all his money because it will not be of any use to you except in an emergency. So a person has to move forward with a planned mindset so that his life can also go on and the path of earning income is smooth.

A lump sum will only be sudden money when the investor is not financially stable enough to buy bitcoin at once with a lump sum strategy but does that when he receives a bonus at his place of work or wins a lottery, and he can decide to use the money to buy bitcoin aggressively with a lump sum strategy since the money is not allocated to solve any of his daily expenses. But when an investor is financially stable, a lump sum is not sudden money but money that is allocated to buy bitcoin with a lump sum strategy at the beginning of his bitcoin investment, and it comes from the investor's discretionary income. The lump sum strategy is when you buy bitcoin right away at once with a huge amount of money without waiting for a dip to come. And the lump sum money is meant to be used to buy bitcoin and not be used as an emergency fund.