Quote from: Joy- maker on Today at 09:25:00 AM

Quote from: laspol65 on Today at 08:55:31 AM

Quote from: MusaPk on March 16, 2025, 04:54:55 PM

Quote from: JayJuanGee on March 16, 2025, 12:48:51 AM

Another thing is that forum members who have been stacking BTC for one or nearly two cycles, like you, would have more luxuries to potentially wait to buy rather than just buying BTC regularly, consistently and persistently and not to be considering if the BTC price is dipping or not, especially if they are either a no coiner or the consider themselves as a low coiner, someone who still does not have enough bitcoin.

One more thing for those who are already into Bitcoin for sometime, such people will also love to go bullish when price goes down like the dip we are having now. We saw Bitcoin price going up to 109k and staying around 100k for a longer duration before falling to current price. Though price has gone down at the moment and we can say we are having dip but we can't say whether it's the bottom or we still have to see more decline in price. Nevertheless this price (which we can say is part of DIP), is a good scenario for anyone waiting for DIP to buy.

Essentially without the DCA method, those who buy bitcoin dips in excess have a higher income. Because we mainly invest in Bitcoin considering the source of income, unique person's income is high so they can buy dip with more money. However, priority should be given to emergency funds before buying a dip, because no matter how experienced a Bitcoin holder is, if they do not have emergency funds, they will face great challenges in keeping their investment for a long time.
So no matter which way we buy Bitcoin, it is most important to adopt strategies to sustain Bitcoin investment for a long time.

yeah you are correct no matter which way we buy bitcoin, it is more important to adopt the strategies that will help you sustain your bitcoin investment for the long run of 4 to 10 years.
In my opinion I think the DCA strategy is best strategy to apply when accumulating bitcoin, for it we enable you to buy bitcoin with consistency, because you are buying bitcoin with your discretionary income after you must have settled your needs and your expenses for the week or for the month.

But I still ask myself why are investors with low income are not sticking to this DCA strategy that enable them buy bitcoin with consistency? Should I say it's greed or lack of knowledge someone should please answer this question.

You wouldn't say all low income investors because I know people not earning too much that believes in bitcoin who are carrying out their regular monthly DCA whenever they get paid with their discretionary before they looked for other means to improve their income. You will not categorize all low investors as the same. Do you know that some rich people don't give a fuck about DCA. DCA is good and used by everyone but rich and poor. It doesn't matter how much that you are using to DCA, what matters is your consistent and persistent buying of bitcoin every week without a problem.

I feel that most poor people who have the knowledge of bitcoin and investing into bitcoin investment are using DCA than any other method, because they know that's what suits their weak financial strength. When I started my bitcoin investment, I was receiving a little income, but due to my zeal of stacking more coins aggressively, I looked for other means of income and got an additional two. Making it three means of income.

I increased my DCA amount and that helped me to lessen the pressure on me to take care of my monthly needs and expenses. It's same thing that I do tel people around me if they're serious to get started with their bitcoin investment. You need to start small with all seriousness and as time passes on, you find a way to improve your finances to buy aggressively.

However, it's still possible that those poor people who don't use DCA, don't understand that there's such method or how it works. This is because when I first heard about bitcoin, I was thinking that I need a lot of money to buy one bitcoin when the price is very low. Unknown to me that I can buy in fractions with as little as $10. It was when I came to the forum that I learnt about DCA, and it has been helpful because I am already used to saving the extra cash from my income after I have minus all my monthly expense and needs in the bank.