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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

Actually the DCA method is always suitable for buying any asset in terms of investment, but it will be more useful if the method is only used on assets or coins that have been proven to be good like Bitcoin so that the steps we take are really useful in the long run.

This is actually crazy in my own opinion because the way Bitcoin is structured, it is more better and more beneficial to hold for a very long time unlike all this alit and shit coin that blossom for a very short while, and crash drastically later, so utilizing the DCA accumulating strategy on alt or shit coin is really a terrible idea too me because for you to use such a accumulation method, it shows that you are going long term, and holding alt or shit coin short term is very dangerous, talkless of holding for long term, it is really a terrible thing to do as an investor.
So it is best you backtrack on such idea of yours if you care for your hard earned money.

Applying DCA method to invest altcoins can be consider to be a big risk because this coins are not reliable, just imagine you are accumulating a coin that you are not even sure what the future of the coin will be in the market. Bitcoin have good value and it is very okay to use DCA method to accumulate bitcoin. Their is no point using DCA method to invest altcoins because the value of altcoins can't be predicted. There are some investment that is good for bitcoin but very risky to apply same strategies on altcoins because they are not the same to bitcoin. When it comes to investment it is just better to concentrate in bitcoin and never to lose focus to think of investing in Bitcoin because it can end up very bad.

To invest in DCA method, you need to choose assets that are reliable or growing in the long term. Bitcoin can be the best example of such assets. If you plan to do DCA in all assets, then you are throwing your money into the fire. Because DCA is not possible in the short term, you must be long-term. If you choose assets for long-term investment where there is no clear idea about the future, then doing DCA means you are throwing your money into the fire with planned patience. Because, shitcoin has no future or there is no high possibility of profit.

If you are thinking about real estate investment, then you need to choose assets whose future value is increasing. The best example of real estate investment can be gold. You can choose gold as a real estate investment to diversify your investment. My first choice for investing in DCA is Bitcoin and I would like to invest in gold to diversify my investment. Both of these resources are eligible or trustworthy for DCA.

You are getting yourself confused with the type of long-term assets. Real Estate means investing in buildings and rent them out. While gold is another form of asset under precious metal and the best of all. Bitcoin falls under digital asset. So you should understand the differences. However, it's good that a newbie should only focus on building and growing his bitcoin investment portfolio with DCA for gradual increase weekly or monthly and if you have the funds to lump sum, you do that overtime provided you keep your bitcoin accumulation journey ongoing for 4-10 years and above.

It's bad for you to start thinking to diversify at an early stage of your bitcoin accumulation journey because it will distract you and you can lose focus of achieving your bitcoin target which waa your initial goal. Currently, I think Bitcoin is obe of the best asset that can generate good profit overtime than any other asset. So it's better to stay focus on building and growing your bitcoin portfolio first. However, if you feel that you have more than enough Bitcoin in your possession, you can diversify to any asset of your choice but make sure that you have a good knowledge on how to diversify so that you don't mess things up yourself.