Quote from: kanftka on Today at 05:52:02 PM

Quote from: Gallar on Today at 07:05:11 AM

In fact, if the Bitcoin price drops, the DCA amount we use should be higher. For long-term Bitcoin investors, a price drop isn't a problem it's actually a good opportunity to buy more Bitcoin. So, you don't need to fear a Bitcoin price drop. As long as we invest long-term, our journey to accumulating Bitcoin doesn't need to be fixated or confused by the price. Because Bitcoin is an investment asset with a very clear cycle, there's no reason to be afraid of investing in it. Even if we roughly describe it, even though Bitcoin's price fluctuations are like erratic pencil strokes, Bitcoin will ultimately continue to experience price increases with each cycle. So, with this in mind, we don't need to be afraid of price drops or anything else when investing in Bitcoin. Essentially, we should focus on conducting DCA regularly, remembering our goals, and being more active in seeking additional income, so that our discretionary income will increase.

And one more thing, never wait for a price drop to buy Bitcoin. Because if you do that, you might regret it. So, stick to investing in bitcoin with DCA.

Hmm, I will have to disagree with you on that.

If someone increases their DCA just because the price drops, then that is not really DCA anymore. Bitcoin price shouldnt determine that man.. DCA is meant to be consistent, whether the price goes up or down. If along the way the person earns extra income or has some discretionary funds they are comfortable using during a dip, sure, they can stack more, but that is different from adjusting the original DCA strategy.

Also, not everyone approaches Bitcoin investment the same way. Some people, based on their income level, are able to allocate more of their discretionary income regularly, regardless of market dips. That confidence comes from their financial stability and long term belief in Bitcoin.

So yeah, I think it is more balanced to say: stay consistent with your plan, and if you find yourself in a better position financially, then feel free to adjust, not just because the price dropped.

I agree with you. DCA method is meant to be constant, not waiting on bitcoin to be down before buying. I’m DCA method one is ought to buy either when low or high, just keeping it constant is the goal. And just as you’ve said that if a person earns extra income, the they can decide to level up during a dip, not just during a dip also keeping up with the DCA method.

As a low coiner or pleb, it’s better to accumulate bitcoin using DCA method constantly but that depends on your one earning capacity.