Quote from: Mehmet69 on Today at 03:53:21 PM

Quote from: Dee_BlackdAddy on Today at 10:15:03 AM

yes Rome was not build in a day, but It was not build with only one strategy just as you are concurring to what BITBAKKII is saying, same thing applies to BTC, accumulating large portion of BTC can't be possible with only one strategy, because with only one strategy you we surely be tempted to make a withdrawal when needs arise, to avoid this withdrawal when the needs arise you need other strategies like setting aside an emergency fund,because as a human being you have to feel the need of emergency,another strategy is having other sources of income and businesses and many more strategies, that is the only way that you can avoid being tempted to a withdrawal when the arise.

I can't agree with you. I think as a newbie you should first understand the whole thing. You are talking about different types of investments. It is good to have an adventurous spirit, but if your main goal is to save Bitcoin, then I think you should not think too much and take any investment method well. This is why DCA is a method that is considered very safe for everyone, be it a newbie or an expert. We all know that Bitcoin is one of the most volatile currencies in the market. Today, no one can say exactly when the price of Bitcoin will be. That is why the DCA method was invented to control the market. In this method, a certain amount of money is invested every week/month at a certain time interval. As a result, no matter how much the market fluctuates, its average behavior keeps the price of Bitcoin flat. Which reduces the risk of your investment over time. Investors can find peace of mind with this investment method.

However, there are other investment methods that require you to be skilled in investment methods to use. You may always be afraid of losing your invested money.

Bitcoin is a volatile currency, and due to this volatility of the market, an investor can easily get scared. Because they are always unnecessarily worried about the price itself.

Again, there are many traders who make money by using this strategy of buying, selling and buying again, taking advantage of market fluctuations. However, this is the most risky thing to do. And a new investor can never do it, Because newbies are not knowledgeable about the market.

For a new investor, following DCA consistently is a safe and stress-free way, (DCA is the best investment strategy for everyone, but for a newbie, DCA is 100% recommended.) Only in DCA can you buy Bitcoin with a fixed amount of money regularly and accumulate Bitcoin at an average price in the long term. And as a long-term Bitcoin investment strategy, the DCA method is undoubtedly the best investment method.

And if you continue it regularly for 8 to 10 years, the possibility of profiting from Bitcoin investment is highest. Bitcoin does not guarantee anyone a profit, but if DCA is continued for 8 to 10 years, then i think the profit potential can be 70% or more.