Quote from: MainIbem on Today at 06:38:02 PM

Quote from: Rockson1 on Today at 06:13:00 PM

Quote from: Spaceman1000$ on Today at 01:14:13 PM

...if it's as risky as you make it sound, why would you even advise anyone to DCA in the first place, you shouldn't approbate and reprobate. there is no doubt about the fact that you should use your discretionary income while investing, however there are those that are financially buoyant who can also lump-sum not minding your narrative.

... if I may ask what's even the risk in bitcoin investment that people talk about, an investment that we know that has an easiest way one can invest in it freely without stress, I think people refer hodling as risk, if not what then is even the risk here, I don't think anyone narrative should change anyone's mindset of buying with whichever pattern as far such pattern does not depend on buying only on dips alone.

I believe that more people are currently beginning to see Bitcoin as a risk worth taking on the other hands I don't know why anyone would use the risk factor as an excuse when they've seen it grow from a certain poin to the $100k mark, even though they're scared of going into cryptocurrency cause of risk and volatility, they should consider Bitcoin cause it's not easy for others ones to attain that point, that alone should be the driving force to adopt it for investment, buy then hodl for the next decades, their thoughts should be that something that could grow to this point in space of 15 to 16 years should have the potential of doing better in another 15 years.

This mentality of some people makes me wonder sometimes if people who are not financially stable can really invest in Bitcoin because they are the most people that are scared of market volatility because they feel like if anything happens to Bitcoin today that they can't survive. We know that Bitcoin is not risk free but we don't need to be afraid of market volatility since we know that it won't last for a very long time. Holding Bitcoin for 15 to 16 years is not bad but let us state what is feasible which is accumulating within 4-10 years then you can access your stash and see if there is need for overaccumulation or the amount of Bitcoin you have in your portfolio is enough for you.

Quote from: MainIbem on Today at 06:38:02 PM

Anyways those that are still living in fear and doubt would regret in future and by then the risk factor wouldn't be an excuse anymore but they'll be tagged as being foolish for not taking the risk when it was way cheaper and that's just it.

It's not about missing out in buying Bitcoin when the price was cheaper, what matters is if you can accumulate at any price you realize yourself that there is need for you to own some Bitcoin in your portfolio. Better to be a low coiner than not owning any Bitcoin at all, if an investor who was afraid of market volatility when the price was cheaper but afterwards decide to buy Bitcoin not minding the price at that time, there's nothing wrong with that.