Quote from: WhoYouCantKill on Today at 02:07:16 AM

Quote from: JayJuanGee on March 30, 2025, 09:07:33 PM

Quote from: MusaPk on March 30, 2025, 05:50:58 PM

Quote from: Futurexxx on March 29, 2025, 01:07:53 PM

In as much as the DCA accumulating strategy is the best strategy in accumulating Bitcoin, it's not guaranteed that you will be a success in your holdings if not done the right way. You might be accumulating Bitcoin through the DCA accumulating strategy, but if you are not thinking long term like three circles or more, you wouldn't get the maximum results that should have been gotten if the Bitcoin you accumulated is not held for a very long time, because those investors that sold for minimal gains are just trading their Bitcoin nothing more, it's not an investment to me, an investment just at least last more than 10 years for it to be term as such.
So what am trying to say is that if an investor is not thinking long term, his DCA accumulating strategy is useless, because it wouldn't give him the kind of result that is expected.

Bitcoin has a price cycle that repeats itself every 4 to 5 years and if you can wait for 4 to 5 years then you will get good yield on your money. If one has patience then he should go for 10 years investment plan, like keep buying Bitcoin for 10 years in case there is no huge money or invest huge capital as lump sum and wait for 10 years. If we go back 10 years then we can see that price of Bitcoin was under 500$ in 2015 which is nothing compared to current price of Bitcoin. DCA is most liked and followed because everyone can adopt that with ease.

It seems to me that with bitcoin there is a much better plan to supplement any lump sum buys that you do with ongoing DCA rather than just sitting around and waiting for your lump sum investment for 10 years. Many folks are not even able to lump sum and wait around, and many times they also don't want to lump sum, but they are actually practically sometimes able to lump sum a certain amount and they might even be able to front-load their investment over a year or two so that they are mostly in after a short period of time rather than investing over a whole cycle or two.

It tends to be way more practical for a lot of people to directly invest via DCA for a cycle or two rather than lump summing or being able to front load their investment into bitcoin.

I feel like a bit of a hypocrite making these assertions, since I do consider most of my bitcoin investment to have been during my first year and then supplementing a bit more over the next year and a half, and then at that point I went more into maintenance mode rather than accumulation mode... so an overwhelming majority of my BTC accumulation was done over two years...and even most of that accumulation was more heavily weighted in my first year investing into bitcoin... but it was mostly a front loading and taking various lump sum amounts from other locations and investing those amounts in to bitcoin in a hybrid DCA kind of a way.

I’m 100% with you on this one. DCA can indeed be a very great and solid way to use when building your Bitcoin portfolio, especially for those who do not have the resources and funds available to lump sum. And if we are to really think about the whole thing, it can be a bit of a snooze fest to wait around for as long as 10 years without having to add anything else to your investment.

I love that you’re being very honest with sharing your own personal experience. Sounds like you front loaded your investment in the first year of your investment and then gradually supplemented it over the next few years. I think that’s a pretty cool way of explaining how the DCA strategy actually works in the real world. It’s not just about investing a fixed amount of money at a regular interval but it’s also about taking advantage of certain opportunities to add more to your existing portfolio whenever you get the chance to.

The hybrid approach you described, where you may wanna combine the lump sum strategy with the DCA strategy is also very spot on, it’s like a pretty great way to increase the pace of your accumulation and close in on your targets faster. In the long run, it’s still all about finding and identifying the strategy that suits pretty well with your financial goals and also aligns well enough with your current financial situation and state.

For sure I likely paid too much for my BTC, since I started out buying BTC at the top of the 2013 market when BTC prices were $1,200.. and then I did most of my buying in 2014, so my average cost per BTC was close to $600 by the end of 2014, but the BTC prices dropped down to the lower $200s by the end of the year and spent most of 2015 in the mid-$200s, so my holdings were in the negative for most of 2015, yet as I kept buying bitcoin in 2015, I got my average cost per bitcoin down below $500.. but I made some other mistakes along the way, so currently, I like to say that my average cost is around $1k.