Quote from: JayJuanGee on February 06, 2025, 02:57:32 PM

Quote from: laspol65 on February 06, 2025, 09:09:50 AM

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

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.

It is acceptable for everyone to buy Bitcoin DCA method weekly, but Bitcoin investment is useful enough according to the person's ability not daily to be self-sufficient. I noticed it started buying bitcoins from November 2020, but I think it is capable of holding for a long time. Because it is possible to hold Bitcoins depending on the situation, DCA method is the most convenient and easy to hold Bitcoins.
A long-term Bitcoin investment can result in long-term sustainability, but the Bitcoin DCA method is most useful on a weekly basis, and Bitcoin purchases are within the discretion of holders.

Why don't you talk in terms of your own experience rather than abstract concepts about how DCA is so great blah blah blah... Have you even started to buy bitcoin or are you just theorizing about it?

There is high possibility that the fellow have not made the first Bitcoin purchase via the DCA method as his comment shows someone reciting what he read about a concept. Probably he got overly excited seeing the number of people talking about the DCA method in this thread and therefore want to feel among the crowd. I have seen this happen a couple of times especially those dealing with intense peer pressure. So, don't let that bother you as I believe with time the fellow will really see the need to start taking his Bitcoin investment seriously.

The DCA method is a great method but it is not how great the method of buying Bitcoin is that determine success but how you manage the purchased Bitcoin in terms of if you are able to eliminate anything that might destroy the purpose of the investment so that the investment can be held for considerable amount of time that will make you realize the full potential of Bitcoin. This is what matter the most and some people who use buying the dips are doing this so well the same with those using the DCA method.