Quote from: hero_the_bossman on Today at 02:23:04 PM

Quote from: Mayor of ogba on Today at 11:33:35 AM

No doubt the DCA strategy is a good strategy when it comes to bitcoin investment. You can buy bitcoin with the DCA strategy anytime without waiting for an entry point, but it won't guarantee you will hold your bitcoin investment for the long term. If you want to succeed in bitcoin investment and hold it for the long term, you need a steady income that will always cover your daily expenses and give you a discretionary income you will use to invest in bitcoin consistently and build up your bitcoin investment. If you have these two things and you discipline yourself to always accumulate bitcoin with your discretionary income, you will have no problem holding your bitcoin investment for the long term.

Agreed on your facts presented - patience, steady flow of funds, and simply patience lead the way in BTC investment.

And it always ends up good if you play your cards right and don't panic sell.

DCA strategy can only be sustained for a very long term if you always have the funds to accumulate it, without a steady cash flow of income it cannot be achieved. Ofcourse the funds for the DCA can increase or decrease along the line depending on the bag holder's capacity at any given time. What is important is consistency and renewing interests to continue on the DCA strategy, it's easy to get distracted if an investor doesn't have the zeal to keep accumulating.

DCA method to accumulate Bitcoin should only be paused if the investor has financial difficulties, when they get their bearings back they'll start from where they stopped. I want to emphasize that Bitcoin accumulation shouldn't be a do or die affair, you need to have the funds before you can invest. No need to worry and overstress yourself if you pause your accumulation, Bitcoin has the potentials to keep reaching new ATH, you will still be profitable when you get in again.