Quote from: Porfirii on July 19, 2025, 12:38:24 PM

Quote from: sunsilk on July 19, 2025, 11:56:43 AM

One thing that no one have taught me of is the DCA part. But I'm happy that I've been in the forum and many of the early investors have told that.

And I think that the newbies are also in the same phase, where they don't know this strategy yet. As they continue to stay and trying to learn and invest more, they're understanding how effective DCA is as a strategy.

The results are great and very efficient for someone who doesn't own a lot in assets but with Bitcoin, made me learn several things not just about Bitcoin but also on how to invest properly and proper risk management.

I'm going to make an unpopular comment here, but DCA is not a panacea either.

DCA smooths the curves of the volatility in the short term, but if we talk about a deflationary asset with great potential, as seems to be the case with Bitcoin, now that we've just touched a new ATH we can say that, the earlier you bought, the better. And the more you bought, the better too.

In a bull market, DCA only makes you miss the train. In a bear market, it reduces losses too, but in the long run, if you plan to wait for several cycles before selling (if ever), it may not be the best strategy.

It might not be a panacea to most of us but it's a proven strategy that could work for the majority.

If someone is planning to stay on this market for so long, they're free to DCA as early as now or they can leave this market for a while and just get back when we're already in a confirmed bear market.

But that's the harder part, last 2022 if we compare to the past bears, it doesn't seem to be a bear but just slugging market yet still was a fine year to start in DCA.