The DCA strategy is to deal with the Bitcoin market, and to know how profitable the DCA strategy is for an investor, you first need to know about the effectiveness of this biggest strategy, imagine you are investing $100 in the DCA monthly rule in the same way for 3 consecutive months in the same manner. January: Bitcoin price is $40,000, you buy 0.0025 BTC with $100.
February: Bitcoin price is $50,000, you buy 0.002 BTC with $100.
March: Bitcoin price is $30,000, you buy 0.0033 BTC with $100. As a result, you bought less when the price was high, and when the price was low, you bought more, resulting in a lower average purchase price. And if you can continue your investment in this rule, you can become a successful investor.
But to keep Bitcoin going you have to do whatever it takes to keep your holdings at a reasonable price, and with DCA you never need to know about bear markets, you just invest towards your goals.
Its simply the basic principle on that you would be able to accumulate more if the price is lower and less when its high. DCA isnt applicable to everyone because it will really be basing up into someones financial capability but if you are really that being too positive or eager to accumulate Bitcoin no matter what, then you would be finding up ways. DCA method will really be that lowering your average price entry on which the lower the price you have bought the bigger potential profit that you can get once the market will be having that recovery or price pump. This is where some people do always wait up for market corrections (which is sensible thing to be done) before they will really be making up some buybacks. There are those people who dont really care with the current market price and just buy immediately.
Of course, the whole premise of this thread is around the idea of getting into bitcoin as an investment rather than as a trade, and income and financial capacities does not preclude anyone from employing DCA - since the ONLY thing really needed to be able to DCA is to have discretionary income. The income does not need to be steady or large as long as it is determined to be discretionary income, a person can buy bitcoin with it (every time that he has it).
Discretionary income should also be used for trading, but yeah traders might be so much into gambling that they hardly know the difference between discretionary income or money they need for expenses. . .but yeah, getting out of a traders mindset can be difficult, even when we are dealing with something like bitcoin which is amongst the best, if not the best, investment asset that is currently available accross the whole planet, yet still guys cannot resist their inclinations to gamble and to try to trade it.
People will really be only saying that its too late to buy Bitcoin since they are really just that watching or looking with the current price and without trying out to realize when it comes into its potential.
People can become confused because in many ways bitcoin has already shown a lot of its potential and those who have invested into it have profited stupendously over the years, so surely normies are going to get confused about the ongoing ability to continue to profit from bitcoin so long as they focus on accumulating it, and we still have around 1% of the world's population invested into bitcoin, yet people are still considering bitcoin as if its days have already been seen, so people continue to misunderstand it and will continue to be left out even though some folks, institutions and even governments, are jumping on board and even engaging in quite a bit of hoarding of bitcoin which will likely work to their advantage, even though we are still in early days of bitcoin.
Too late will be those words into those who are just that new into this space, but for those who do have that enough understanding about on how this market works will really be seeing that this current price is still low, specially now that we are approaching bull run then there's so much potential in terms of profitability.
Of course any continued bull run is not guaranteed, but sure, it may well end up playing out, yet it can be hard for an investor to get through a whole bull run, especially if it can take a long time to build up a BTC stack, so bull runs do not necessarily help the one who is still trying to accumulate BTC and who cannot lump sum invest from the start or to be able to front load his investment into bitcoin. Most normies cannot front load their investment, they are only able to build up their bitcoin investment through something like DCAing (ongoing and persistent buying) and then needing to be able to hold, including that I frequently suggest that the newbies should spend at least a whole 4 years building up his bitcoin position.. perhpas even longer than that depending on how much BTC he is able to buy each week.
Buybacks will really be in accordance into your own preference,choice and analysis.
buy back presumes selling and/or trading which is likely retarded and not even included as the topic of a thread like this. You are presuming that trading is the same as investing or that any prudent investor should be trying to play the waves.. including that you are presuming that you have some ideas about how to play the upcoming wave for someone coming into bitcoin right now.. which is nearly preposterous to go along with you in terms of your presumption of what to do for yourself and especially for someone who might be newer to bitcoin and merely considering to get into bitcoin as an investment rather than fucking around trying to trade it.
The most important thing on here is that never ever consider on hearing out someones advises or recommendations on how you would be doing your investment. Stick into your own so that whatever the price would be ending up then you wont really be having any regrets.
Sure you are giving advice to not listen to advice, and so I can agree with you in terms of guys needing to figure out their own parameters in regards to how to prepare themselves in their bitcoin journey, and a lot of what beginners might do is to adjust their entry point in regards to position size, so surely if a guy has lump sum money available then he is going to have more options in terms of how to deploy that lump sum as compared with someone who might ONLY have discretionary income that amounts to $10 per week...
Frequently, I have been suggesting that someone with a western level income should be able to start with $100 per week invested into bitcoin, yet there can also be a lot of differences in ability to invest and/or levels of discretionary income, even when persons have western level incomes.
Even if someone has lump sum amounts available, such as savings or some value that he can reallocate into bitcoin from other sources, guys are going to be hesitant to put a lot into bitcoin if they don't really understand bitcoin's investment thesis beyond perhaps something like number go up (which seems to be part of your investment thesis into bitcoin).. so what I am suggesting that even if a person is able to lump sum invest into bitcoin, he might still be hesitant to lump sum invest into bitcoin, and even reluctant to be wanting to try to figure out some kind of a trading style of investing (which you seem to be presenting trading ideas, even though you are also describing bitcoin as an investment), which may well cause confusion for newbies to follow your ways of describing how to enter into bitcoin.
By the way, since you have been registered on the forum since November 2015, you have had plenty of time to build up your bitcoin holdings as compared to any guys who are newer to bitcoin. Even guys in their first 4 years of bitcoin might still be struggling to build their bitcoin stash size.