Quote from: Bitcoin_people on April 05, 2025, 03:57:56 PM

Quote from: avp2306 on April 05, 2025, 01:04:47 PM

Quote from: Derekfunds on April 05, 2025, 11:01:27 AM

Quote from: Popkon6 on April 05, 2025, 08:26:25 AM

Quote from: Silentcursor on April 05, 2025, 12:47:23 AM

I do not expect anyone to start their investment perfectly. As humans we are not limited to making mistakes in different aspect of our life.

Franky speaking bitcoin investment is not a smooth ride it is like a roller coaster it goes and goes down at regular interval.

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In DCA method there's nothing like buying when the price is low because in DCA method an investor will buy at any phase of the market ( low and high) funny enough some people don't even know the difference between DCA and buy the Dip. Moreover, Patient is very necessary in Bitcoin investment because without it even if you have steady and stable source of income you will definitely sell your investment when it is not yet due.

DCA method is easy to understand. What people need to do is to know how to manage well their finances. Since if they don't know how to balance their spending's the chance for them to succeed is low. they might have this sell now mentality then start over again mindset which is not advisable since chance to earn is guaranteed especially for short term sellers.

Patience and money management since this is essential factor especially if we want to invest on Bitcoin for long term. That's why we need to develop good discipline aside from thinking only for consistent accumulation so that everything will take place according to our long term plans.

DCA method is easy to follow but managing finances properly is quite difficult, it is not easy for every person. We know that in daily life, not everyone's source of income is equal, so those who can earn a good income can see success early, and those who have a small source of income can see success by investing very late. Basically, every person's mindset is different in terms of investment, some try to find a source of income from there by making short-term investments, while others invest long-term to get good success.

Patience is not easy for every person, many cannot do this, and many fail to manage finances, so it is important for them to have patience and financial management first. If you plan for long-term investment, then you must have financial stability and patience, and you must gain good experience about the market. If you can save along with your income and maintain discipline from there consistently, then you can plan for long-term investment, you can see success from this investment, but you always have to do everything with patience.

New people may fall prey to such a situation, it is not easy to be confident in Bitcoin investment, so according to what we will discuss in these topics, a new investor can gain confidence. We will not confuse new investors by discussing unnecessarily, we will never think about short-term investments because we can only achieve success through long-term investment. If you can invest with a small amount and follow the DCA method for a long time, then you can definitely achieve success from your place, it is not that Bitcoin investment will be successful only if you have more money, but it is possible to achieve success only by following the strategy and intelligence and DCA method.
If you follow the DCA method regularly on a weekly basis, then you yourself can also achieve success, the difference is not in money, the difference is in adopting skills and strategies.