Quote from: Huliya on Today at 10:21:43 AM

Quote from: TEBTC on January 11, 2025, 10:50:09 PM

I quiet agree with you because the fact is that DCA knows kind of investment plans doesn't work for shitcoins because some of these coins the growth rate over a given period is very low so in terms of bringing back value on investment is not there so applying DCA to such investment will be wast of time

The Dollar-Cost Averaging (DCA) technique is not effective for Shitcoins or low-value cryptocurrencies. Because the long-term growth and sustainability potential of such currencies is very low. Many Shitcoins lose value over time and reach absolute zero. As a result regular investment through DCA will never be profitable. It's just a waste of time and money.

The dollar-cost averaging (DCA) strategy is a powerful and popular investment method. Where an asset is purchased for a fixed amount of money on a regular basis. This is especially useful in long-term projects like Bitcoin. In assets like Bitcoin, which have strong technology behind them and future prospects, DCA makes a good way to profit from market volatility. However, this strategy does not apply to all types of assets. DCA can never be considered to be applied to a volatile project like Shitcoin. Because Shitcoins never have a long term. No matter which method you invest in Shitcoin, you are bound to lose. Shitcoins are a lot like gambling. To succeed here you have to rely mostly on luck.

Shitcoins are more likely to lose value in the long run because they lack the necessary practical basis behind them. Consequently, such investments have the potential for large losses rather than gains. Shitcoins are generally suitable for short-term trading. On the other hand, before using DCA in a project like Bitcoin, it is important for the investor to consider his financial situation, income and long-term goals. DCA strategy is a powerful investment method with proper knowledge and caution.

Anyone who's thinking about investing in shitcoins no matter the kind of strategy he or she wants to use is in a big risk and should be ready to lose his or her money, shitcoins are never an option when it comes to investment because they have high chance of being a scam, is never something you should rely on, now DCA strategy is something one do on a weekly or monthly base and one can decide to continue doing it for some years in other to be able to accumulate enough and as such needs an investment that is reliable like Bitcoin, if you use this kind of strategy to invest in shitcoins you will likely see it losing value along the line and your money dropping which mostly cause depression and frustration in the life of some person's.
The reason why Bitcoin is always more reliable and trustworthy than shitcoins are,
1. Bitcoin has a decentralized system meaning no one can control Bitcoin it highly resistant to censorship, attacks, or manipulation by government or anyone not even the creator of Bitcoin, but shitcoins are centralized system they are always controlled, attack and manipulated by there creators and other set of people.
2. For years now almost 16 years Bitcoin has been in existence and growing stronger, valuable, Bitcoin has proven a good record over the years.
3. Bitcoin’s supply is capped at 21 million coins, ensuring scarcity and deflationary tendencies over time this alone makes Bitcoin valuable but shitcoins are not like that it can always be added by there creators making it lose value.
Shitcoins are never an option when it comes to investment it has proven that already, I know a lot of people who have lost there money in shitcoins.