~snip
Throughout your post, you seem to be overly preoccupied about BTC price movements, and trying to figure out aspects of bitcoin, which seems way less important for any newbie, especially in his first cycle or two of ongoingly accumulating bitcoin - hopefully within his discretionary income.
I am not opposed to guys learning various basic things, yet likely they have to learn about their own finances and psychology more so than trying to figure out details about bitcoin, beyond that it is volatile and price tends to go up over time.
They can learn about
their individual factors while they are investing into bitcoin.. but they need to get started, don't get worked up about the price, and perhaps consider that they will be buying bitcoin for 4-10 years or longer, unless they are able to front load into it. Most people are not able to front load into bitcoin or into any other investment, yet if they are able to front load into it, then they might not need to remain in a strict accumulation stage for 4-10 years or more... but surely they have more options when they have actual lump sum money available... which would allow them to consider their three buying options of DCA, buy dips and/or buying right away.
So that's no problem, right?
Besides, we assume new investors will not have enough knowledge as the veteran as you or others. How come they will make a big profit in the future if they don't learn more about what they do including how to manage their psychology especially when the bearish come? That is the basic.
Many people fall from their DCA when the price suddenly drop too deep and seem can not rise again. But only small percentage who can enjoy their big profit and that is those who have much knowledge.
They can still running their DCA but they can also buy more amount when the dip come so they will have more Bitcoin amount.
~snip
How is your system working for you? You have been registered on the forum for nearly 10 years, so presumptively you have gotten enough bitcoin by now yet maybe if you have ongoingly been employing whimpy bitcoin accumulation strategies, then you are still fucking around with accumulating bitcoin, when maybe you should have had been able to get enough by now?
Let's say that you had aggressively bought bitcoin since the beginning of your forum registration - let's say 15% of your income invested into bitcoin no matter the BTC price, then where would you be right now?
Let's say that you had an income around $35k per year, and you were investing $100 per week (which is $5,200 per year) and that would be 15% of your income, approximately and truly doable.
By now
you would have had invested right around $51.2k (close to 150% of your annual income), and you would have had accumulated just over 25 BTC.
Ok, I will make it simple.
I started invest in Bitcoin with my own money, my salary when I was an employee in a company in 2017. With $240 per month of the salary equal to $2,880 annually, I can saved $20 per month to be used as Bitcoin investment. This is not related from what I earn from forum or other income because that income was for my daily needs. Unfortunately, the daily needs cost become expensive day by day but I can filled that.
At that time, I am not aggressively invest in Bitcoin because I must filled my daily needs. That was a difficult moment for me but I still invested in Bitcoin.
Yes, I have enough Bitcoin right now and I can change my family life better. And I wish I can earn $1.2 million from Bitcoin investment. But that will not be a matter for me because I still accumulate Bitcoin using DCA. Thanks to Bitcoin and DCA.
I doubt that I need to repeat what I had already written, and sure, you are saying some of the right things, even though you are a bit all over the place in regards to various messages that you are communicating, and I still think that you are overly focused on profits rather than just keeping your head down and accumulating as much bitcoin as you can, rather than getting worried about the BTC price... and surely my point was not so much about the amount of bitcoin accumulated, but instead guys investing within their own circumstances, and surely any investment into bitcoin that consistently is able to invest 15% of your income into bitcoin would likely be aggressive, yet historically, it would have had also shown very good results in 2 cycles or less... and we cannot be guaranteed that future results are going to be as good as they have had been historically, even though bitcoin's investment thesis is not seeming to get any worse, even though the upside slope is likely to not be as steep as it had been in the past couple of cycles.