Quote from: Scarlett_23 on Today at 07:31:01 AM

Quote from: Stormisover on February 17, 2025, 03:15:29 PM

Quote from: Futurexxx on February 15, 2025, 03:50:48 PM

Quote from: xvacator on February 15, 2025, 02:13:26 PM

Quote from: Zackz5000 on February 15, 2025, 11:43:09 AM

There is nothing wrong using the lump sum strategy if the money is there it won't trigger any financial stress if the income is available there are rich people who are using the lump sum strategy and also the DCA strategy poor people may also decide to lump sum if probably they won a lottery or unexpected huge amount of money came there way he or she may decide to lump sum without them selling there bitcoin holding since they will still be using the DCA strategy.

But it is better they use DCA than to buy at once even if the money is there. Bitcoin price always fluctuate and if we buy at once using a large money and the price is down a lot, we can be difficult to buy back Bitcoin. But if we can steady to use the same amount of money and allocate the money by our capability, that will help us to have the money and prepare for the next down time.

No, I disagree on what you are trying to say here, what's the point splitting the money to buy bit by bit when the money is available?
I am quite aware that the DCA accumulating strategy is the best way to accumulate Bitcoin, but it makes no sense if you have like $1k that you are not going to need in a very long time, but your dca budget is like $100 weekly, instead of you to use it all the $1k to buy at once, you will Start splitting it bit by bit just to make it look as if you are DCAing, who are you trying to impress by doing that?
Do not forget that we are still in the early days of Bitcoin, so it's still very cheap compared to how much it might get up to in the future, so seizing any buying opportunity is the best accumulating strategy too me, once the funds is available, just buy, because now is the best time to buy, not later or tomorrow.

Having gone through the importance of various strategies, at one point or the other one can outperform the other because of Bitcoin volatility and the choice of using any of the strategies should be based at first your risk level, there is nothing wrong if someone have a lump sump amount and chooses to buy with DCA strategy, it is the persons choice and that is what suits the persons risk tolerance, and there is nothing to impress anyone about that, every one is running the race at their own pacing and comfort and there is nothing to impress anyone about it.

There is a lot of competition in investing money in jobs, businesses or anywhere else. Due to competition, small traders lose their capital in business, and in trading, small traders get lost in the crowd of big traders' experience and trading strategies. But in investing in Bitcoin, there is no competition, here there is an opportunity to invest according to the goals of the person and his financial condition. That is, it is not a matter of competing with someone to gain more profit. Because here everyone's financial condition, goals and time frame are different. If someone thinks that I will slowly build wealth in the long term, it is one thing. On the other hand, if someone gains more in the short term, it is a different matter.

However, the strategy of short term is much more reasonable than long term. Because in the long term, a person is moving forward with long-term goals according to his financial capacity without being affected by market volatility. Where his success rate is pretty much guaranteed.

Profit in bitcoin investment is not guaranteed as you think telling people that their success rate is much guarantee could make them invest with money they might be needing within a short while, while we to invest with the money we won't be needing for long is in the process it doesn't work the way we expected it won't be a thinking to us because we invested with our discretion income.