Quote from: bestcandy on Today at 11:07:10 PM

Quote from: Stormisover on Today at 10:02:39 PM

Quote from: Mehmet69 on Today at 07:25:09 PM

Quote from: Mrbluntzy on Today at 05:44:15 PM

One best advantage of using DCA is that it helps many investors to buy Bitcoin at different price which could be at a discount price while others must have bought at a higher price, like those that will invest a lum sum at once once, they could buy at high price different from the investors that uses DCA to buy at different dip price. But, buying at lum sum is just based on the person's financial power and perhaps don't want to waste much time without buying, perhaps they have their reasons.

Yes, DCA is definitely a good method. In my opinion, DCA is the safest method. It is the only method that both beginners and experienced can use without hesitation. In this method, you can buy and deposit Bitcoin in all types of markets. You will not have to worry about losing your money. You will not have to worry about analyzing the market. You only have to think about one thing, which is to continue investing regularly. After starting investment, do not touch the invested money without reaching a specific goal. Decide on long-term investment.

But on the other hand, if you want to invest in any other method, then first you have to be much more experienced. You have to have a good knowledge about volatility. You always have to think about how much you are losing, when will it give you a return.

So I think it is better to keep yourself mentally healthy and continue investing safely in DCA instead of choosing other methods.

From what I have learnt, that you are using a particular strategy doesn't mean the other strategies can not be use together, if the dollar cost averaging strategy is not the only strategy investors can still use other strategies together, for instance an investor can be doing dollar cost averaging strategy, buy the dip if they have the reserve funds for it and also buy with the Lump if there is a lump sump amount available, one thing I see is that an investor should only do all this at the expense of his comfort without affecting his basic needs, the dollar cost averaging strategy is good but it is not the only strategy they talk about here, you can do the other ones too with the dollar cost averaging if you can., the plan is to increase the size of your Bitcoin with any strategy or strategies that matches your investment energy.

I think the argument here is not about the best strategies to be used by investors but the advantage of using DCA strategies in the sense that it helps investors to buy Bitcoin regularly in different rate that may be seen discounted over a period of time and DCA also help low and moderate income earner to be able to invest in Bitcoin in a planned interval of time in respect to the available fund of the investor.
Another point that is noted in the argument is the need to have a fund set aside fund that will handle some basic needs in order not to touch your Bitcoin asset and to enable investors hold their Bitcoin for long term. Yes, it's very necessary for investor to have a set aside fund especially those that have low or moderate source of income because the set aside fund will save investors from any financial obligations that may affect the plan of holding the Bitcoin for long term in other to maximum the profit in the future.

This DCA strategy is one of the strategies that are regularly invested according to the Bitcoin DCA strategy. Those who are adopting this strategy are mainly getting success, you can see that many big people who are following the DCA method are moving towards success, including Nayeb Bukele, he is buying one Bitcoin every day for his country. And they have a total of about 6091 Bitcoins ready to be stored.