Quote from: bestcandy on Today at 05:26:51 AM

Quote from: JayJuanGee on February 05, 2025, 06:38:32 PM

Quote from: laspol65 on February 05, 2025, 06:33:20 PM

During times like these, it's important to believe in $BTC and trust the process.
The long-term benefits of DCA (Dollar Cost Averaging) and holding show that patience and consistency often pay off. #BTC

Link: https://www.ft.com/content/f964fe30-cb6e-427d-b7a7-9adf2ab8a457

I responded so your image would be visible.

I am not sure if any of us has to believe in BTC.. that sounds like religion.

It is good to have a plan and then to try to stick with our plan, and ongoing buying of bitcoin seems like a good plan.

I personally prefer weekly buys rather than daily buys, but surely I can understand that if a guy is still early in his bitcoin journey, he might initially establish his position with daily buys.

I love what I'm seeing here, it's a good DCA plan. Yes, it's sound religiously to believe Bitcoin and trust the process but it's just a phrase used to express the important of investing in Bitcoin. However, when strategizing your DCA plan it's very important to believe in yourself with the determination to actualize your DCA plan and hold the accumulated Bitcoin asset for long term regardless of the risk and any financial uncertainty that may come up because self motivation and the perseverance for long term plan will enhance the volume of your Bitcoin accumulation to maximize your profit.

Well, it would be preferable to use the word Advocate instead of Believer since it sounds too religious, for instance Michael Saylor is an advocate of Bitcoin and keeps adding to his portfolio on a daily basis. That aside, I think investing on a daily basis is not very common and mostly carried out by the rich class like Saylor and his kinds an average number of investors earn on a weekly or monthly basis but then, whatever interval anyone chooses for the DCA, consistency remains the main goal to maximize profits. As we can see, Saylor keeps buying and he does that aggressively as seen in that image, I don't know how long he can keep up with his daily plan but so far he's really trying in maintaining that standard, that's what everyone should emulate, which is carrying out a preferable DCA plan, stick to it and maintain consistency for very long period.