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Quote from: CageMabok on March 14, 2025, 07:56:10 PM

Quote from: Felixdesenior100 on March 14, 2025, 08:47:12 AM

Adopting bitcoin is an act of investment in a future where independence, inclusion, and freedom are more of importance. As bitcoin continues to reshape society, it brings with it the possibility of a world united by a common language of value and trade. Since the adoption of bitcoin it has really done more good than harm to people who keep the bitcoin market going, that's for people who hold their bitcoin for a long period of time.

And because of that, most people today no longer doubt Bitcoin as an important thing in their lives and Bitcoin has even outperformed many other currencies and also fiat in this world. So people who have realized this will certainly continue to strive to continue investing in Bitcoin for the long term and continue to hold Bitcoin without determining when they will release it back into the market. Now the price position of Bitcoin is still below $90K which means it is still good enough for everyone to buy as a step for their respective future investments.

The fun of long-term investing is that once people get it, they will never really go out of their long-term investment plan in Bitcoin.
In the beginning it may be challenging for an investor to invest in long term plan but if an investor can start and make his investment consistently for a few days then I believe later this investment will become his habit and he will be able to invest consistently later on. There are many benefits of investing consistently, those who invest consistently but think that after spending all they have to keep that certain amount for investment. Such thinking makes an investor a responsible investor. Secondly, the investor has a good chance of earning a good amount of profit from this investment in the future. So I think every investor should plan long term investment as well as take this investment seriously.

If they don't have to depend on investments for their income. They should have a guaranteed source of income for their investments and a backup fund for long-term management. I don't see investing as a fun. It is a serious activity through which I can plan for my future financial situation. Also, investment cannot be the result of a habit that you can keep up with, it depends on sufficient funds and your patience.

This is why we as a low coiner or people that are no coiner should use the DCA strategy to invest in bitcoin and keep up with buying every week whenever they get their discretionary income ready. DCAing regularly with consistency and persistency for a very long time will become an habit to you because you will always have it at the back of your mind that when you get paid, you will buy bitcoin.

The moment you get paid, just the way that you are setting aside funds for your basic needs and monthly expenses, is the same way that you will also set aside money for your DCA from the extra cash left. DCA helps you to accumulate more quantity of bitcoin overtime and if you are the serious investor who is focus on reaching his bitcoin target, buying bitcoin with DCA regularly every week will finally become part of you.

I will take myself as an example, I always plan for my next week DCA this week before I get paid. I check the house and know my important needs, so that I can know how much will be left as my discretionary income and how much from it that I will use to DCA and how to cut down my expenses. If my discretionary income increases, I increase my DCA amount and vice-versa.

It's good to make DCAing into bitcoin part of your life because you're investing for your future and only serious long-term mindset investors will make it through.