Quote from: Fara Chan on Today at 12:55:42 PM

Quote from: DaNNy001 on February 21, 2025, 10:43:58 PM

This particular reason is why DCA method when investing in Bitcoin is the most preferred and simplest. It saves you the stress of beating yourself up towards the idea of getting a whole unit of Bitcoin as the price for that is way beyond the reach of your average everyday working man. Strategic planning and discipline will make every dream possible of accumulating or building a nice portfolio although we can't remove the patience factor as this is also very important.

Now the use of the DCA method to buy Bitcoin in a more disciplined way is more widely used by those who have limited regular income so that they must always separate a little of their income to be able to buy Bitcoin little by little. And actually I personally also quite like this method because it does not contain more pressure if we ourselves can still meet our living needs and set aside a little to buy Bitcoin in this way. Although on the one hand, we must also have a level of patience so that we do not immediately sell it in the near future after we collect it through routine purchases.

In fact, the DCA method will work better for people with low income or middle income, because they do not have a large portfolio in general, or they do not have the ability to invest a large amount of money at once, but they can invest a certain amount of money in DCA regularly, according to their ability.

The DCA method is the same for everyone, there is no such thing as rich, middle or poor in DCA. But rich people can invest whenever they want, but a poor and middle-class person cannot invest at any time. That is why DCA is especially effective for a poor and middle-class person. In this way, if they continue to invest in DCA regularly, they will be able to build a much better portfolio in the future. And they can take maximum advantage of the potential increase in the price of Bitcoin in the future.