Quote from: Hardyrobust on March 14, 2025, 07:53:35 PM

Quote from: Princess Leah on March 14, 2025, 12:37:56 PM

Quote from: Ludmilla_rose1995 on March 14, 2025, 12:20:00 PM

The thing I really like about making bitcoin purchases using the DCA method is that we can focus on other things without worrying that the bitcoins we buy will make us lose money because we only make purchases consistently every week or month without thinking about the price at which we will buy Bitcoin

So it is quite recommended for those who want to implement purchases with the DCA method, you have to work hard in the real world, collect as much money as you can, focus on your work so that you can buy bitcoins regularly without being disturbed by your funds being lacking or running out suddenly

Bitcoin investment might seem tough due to it's long-term characteristics, holding is not as easy as it seems, but some who's determined to take that risk of investing their spare cash on different intervals wouldn't find it tough like others, that's why one must have a steady source from where they get money and invest some portions be it weekly or monthly, the DCA have even made it more easier so far the investor got steady flow of income, except maybe they're ignorant about it that's when they'll see reason to be scared.

Asides the DCA, Bitcoin investment is for those with a steady paying job, not for people that wants to risk their cash to make quick money, someone without a job can't even hold for long cause they'll be forced to sell during time of emergencies, their only hope would be one their investment since they don't got other money therefore it's not advised and whether DCA or not an investor should have a job already.

Before anyone will talk of starting an investment the person must have a source of income because without a source of income one cannot talk of investing.same is applicable to bitcoin investment, before one start accumulating bitcoin the person must have a discretionary income from which to invest with.once an investor have a discretionary income he is good to start accumulating bitcoin .The DCA strategies is not for traders that are into bitcoin for quick profit but rather it is for long term investors

It is a simple consideration that an investor should have alternative sources of income and also if you have extra money to invest then Bitcoin would be the best venture for you. Your objective is to hold Bitcoin and your effort to be long term is DCA or single investment. Bitcoin is only recommended for newbies who do not bear additional risk in DCA strategy. The review of discretionary income source that you mentioned is that it is a long term investment endeavor where an investor is looking for a great strategy for his future.