Quote from: JayJuanGee on February 25, 2025, 05:18:11 AM

Quote from: Princess Leah on February 25, 2025, 02:12:50 AM

Quote from: JayJuanGee on February 24, 2025, 11:58:02 PM

Quote from: Mrbluntzy on February 24, 2025, 01:42:26 PM

Quote from: Ricardo11 on February 24, 2025, 05:12:13 AM

I agree with you, In fact, if you invest in Bitcoin in DCA, The amount of benefit it will give you, without DCA It cannot be obtained in any other way. When Bitcoin exceeds $200K - $500K in the next cycle, then DCA investors will undoubtedly benefit the most. In fact, if DCA is continued continuously in the long term, an investor can benefit more than his expectations in the future, That's why for Bitcoin investing (logn term), DCA is the best investment method.

You speak as if DCA is one very specially investment of its own but it's not, every Bitcoin investor doesn't have to use DCA before they become profitable, I am not saying that the strategy of DCA is not good, it's good but let's assume I have $1 million dollars and I invested it all at once into Bitcoin and held it for twenty years and someone else started to DCA on the same month that I invested $1m, assuming he spends $10k every year on DCAing, in 20 years, he should have spent $200k total capital, you can not still compare his profit with mind. Because of my high amount that was invested, I still stand more chance to get more profit.

Since I don't have $1m right now and I am yet a student, DCA is beneficial for me because I will definitely buy Bitcoin only when I have the capital to buy and spread it into partitions to target different buy price.

Your point is correct in terms of DCA being more practical for people who are investing as their money comes available and they do not necessarily have the option for lump sum.

your example is quite a bit extreme, and surely lump sum can be any amount of extra money that you get. So for example, if you are usually buying $100 per week, but you suddenly get $5,000, that would provide lump sum opportunities.

A guy can have lump sum options at the beginning of his investment or lump sum opportunities can come at various points down the road, yet even a large number of folks who suddenly have a lump sum amount come available, they still might choose to defer some of their bitcoin buys with the available amount to employ DCA as a deferral method and/or buying on dip as a deferral method.

The buying on dip may not end up triggering the buys and the DCA might cause comfort to not put so much value into bitcoin at any one time...but yeah, there is quite a bit of discretion regarding how to invest into bitcoin, even if a lump sum is available, and surely guys who ONLY have small amounts of discretionary income each paycheck, they are likely going to find that DCA works a lot better for them to manage their income/expenses and perhaps even their psychology about how much bitcoin that they want to buy weekly (or whatever other time period they might choose).

Why many people value the DCA strategy more compared to others is because every class of investors can do the DCA but not every one can lump sum, like he said, he can decide to invest $1m for a full year and someone who invests $10k won't make more profits than him that's true but come to think of it, the number of people that can invest that heavily at once are far more lesser than those who can't moreover the majority who are not that wealthy would rather go for the DCA and that's why it may seem as though the DCA is more popular and mostly used by investors compared to others.

The example of Mrbluntzy is a wee bit retarded, since he is not describing like situations.

If two people have $1 million and one decides to buy right away and hte other decides to DCA over 20 or 30 years, then that makes hardly any sense for anyone who has any clue about bitcoin.

Surely one could invest $1 million right away and the other could DCA the $1million over 4 years, yet that does not make much sense either.. and does not even grapple with the real kinds of concerns that normal people have when they are trying to figure out whether to invest in bitcoin and then if they decide to invest how to invest.

Quote from: Princess Leah on February 25, 2025, 02:12:50 AM

You're right Jay, even though someone starts with a lump sum at the beginning of their investment they'll definitely switch to the DCA with time and still lump sum when opportunity arises, let's take Saylor for instance he has enough cash to just buy at once and hodl for the year but he still does the DCA and at some point was even buying daily, the DCA gives an opportunity to buy at a cheaper price on different intervals without waiting for the dip to occur, that another advantage it has compared other strategies.

Maybe if Saylor had made his first purchase of $300 million in bitcoin in August 2020, or whatever it was, and then if he stopped at that point, then that could have been considered a lump sum rather than a DCA.... .but he pretty much bought every quarter based on company circumstances, and then he found more and more ways to raise money, so then he seemed to buy a lot of bitcoin, every time that he was able to raise more money.

Also, the more money that he raised, then he likely could choose to have some of the cash on the side for buying, even if money is not coming in, yet he does not necessarily describe that level of detail regarding how he is buying BTC, so it seems that he is largely buying almost every week in recent times, since late October 2024.

Quote from: Umulala-alala on February 25, 2025, 04:49:58 AM

Quote from: Princess Leah on February 25, 2025, 02:12:50 AM

Quote from: JayJuanGee on February 24, 2025, 11:58:02 PM

Quote from: Mrbluntzy on February 24, 2025, 01:42:26 PM

[edited out]

All method of buying bitcoin can be used by anybody i don't see anything such as some class can't buy bitcoin using the lump sum method even though the dca is mostly used doesn't mean low coiner can't still buy or low income earners can't still buy using the lump sum method, sometimes most low coiner do buy bitcoin with the lump sum when big money they may not expect comes there way they may lump sum, lump sum is not just for one class of people.
The dollar cost averaging method dca doesn't even give you an opportunity to buy bitcoin at cheaper price but with it you can be buying little fraction of bitcoin with your discretion income either every weeks or months without considering if the price of bitcoin is high or low, using the dollar cost averaging method doesn't mean you will buy bitcoin very cheap it's not true.

You cannot buy lump sum if you don't have any lump sum amounts coming available. Sure, even poor people might have lump sum amounts coming available every once in awhile, but it really is not any kind of a common thing, especially if we are considering that a lot of poor people are struggling to figure out if they have any discretionary income, and so if there are questions about discretionary income, then they cannot invest into bitcoin... .. yeah some folks might use money they need for their expenses (which is not discretionary income), yet that would be trading and/or gambling, which does not seem to be a very good idea.

You are correct somebody can not lump sum when such amount is never coming in, it will also be difficult for a poor person to lump sum since they may struggle at to invest from their Discretionary income but in a process where a big amount of money is been shared among family members and as a poor investor who believe in bitcoin might choose to lump sum from part of the money been shared and still be doing his dca, it will be wrong if we invest outside our Discretionary income which is seems to be gambling because such person can sell out in short period because he is investing with money for family up keep where by should be investing for long time.