Quote from: Cointxz on Today at 11:53:49 AM

Quote from: JayJuanGee on August 01, 2025, 10:47:54 PM

Selling to solve problems is a good way to describe a situation where a person is not able to focus on the long term, and surely poor people who stack bitcoin on a regular basis are likely to find themselves holding amounts of wealth that were not previously in their imagination, and so they cannot help themselves but to start to shave off of their bitcoin stash, and they do it over and over and over, even while they should be building their stash.. but it can be difficult to make progress when there is both building and cashing out going on at the same time, and the cashing out ends up either not being replaced or having to be replaced at way higher prices. There might have had been 100s of thousands of satoshis, or even millions of satoshis built up over weeks in the past, but now those same quantity of satoshis might take several months to build back up if they are spent... so progress gets eaten into when a person is ongoingly cashing out some of his coins to solve various problems from time to time as such problems are always coming up, especially for poor people and once a person gets into a habit of tapping into his bitcoin, he doesn't necessarily appreciate that he is either eroding away at his bitcoin or he is failing to build his bitcoin or even worse failing to build his bitcoin even close to as fast as he otherwise would have been able to build it if he had stayed focused on ongoingly buying bitcoin and not selling any of it.

I’m on this messy situation in the past when I’m still actively trading Bitcoin and at the same time earning passive income from my business.
I’m consistently converting part of my business profit to my Bitcoin stash but at the same time I’m selling from time to time part of my Bitcoin I’m using on exchange for trading.

The cycle goes I deposit fresh Bitcoin to my hardware wallet using my business profit I purchased Bitcoin the spend the Bitcoin I accumulated from trading and other crypto investments I made to fiat which I use to purchase bills and other necessities.

I break this cycle later when I decided to stop trading that makes my Bitcoin holding messy. Glad I made this decision when Bitcoin price is at 60K level. Right now my Bitcoin stash is sitting at x2 overall profit.

For sure, we will frequently learn as we go, and many times we might not realize our mistakes while we are in the middle of making such mistakes, so we might see part of the mistake in regards to trying to trade or we might even overly invest in bitcoin or something else without guarding our various expenses, so then we end up going overboard and even creating our own emergency by our failure/refusal to adequately account for our expenses.

So no one really wants to end up on a position where they have to sell some or all of their bitcoin at a time that is not of their own choosing, and they might have engaged in reckless practices that contributed to such problem situation.

For a longer term bitcoiner, 2x profits is nice to have, but surely many of us have ben able to go through periods in which our bitcoin's value is compounding upon itself, and yeah it takes a while to go into higher and higher profit levels, and it is not guaranteed to do so, yet at the same time, there can be some comfort in being in a position in which there is at least enough of a profit cushion that we do not feel as compelled that we are going to lose money from the price going below our average purchase price.

Yet, another question still has to do with whether we have enough BTC, since even being in profits might not be enough of a measure to assure us about having enough BTC, and sometimes guys have to continue buying bitcoin for years and years and years, even though the bitcoin that he holds is in profits and even in considerable profits. Many guys take a couple of cycles before they are able to get close to having enough or more than enough bitcoin so that later they might start to be able to sustainably withdraw from their holdings without ever worrying about knocking themselves out of overaccumulation status.

Hopefully, you are able to figure out these matters related to how many bitcoin you need rather than merely getting caught up upon considerations of your BTC being in profits.

Quote from: As-Soon-As on Today at 02:00:45 PM

This May Be the Final Year to DCA Your Way to One Bitcoin in a Decade
If you want to own a full bitcoin through dollar-cost averaging (DCA), 2025 may be your last realistic chance.

DCA Strategy Faces Diminishing Returns, But Bear Markets Could Be a Blessing for Late Bitcoin Stackers

Source: https://news.bitcoin.com/analyst-this-may-be-the-final-year-to-dca-your-way-to-one-bitcoin-in-a-decade/

Holding Bitcoin according to the DCA method is very enjoyable, you can definitely see it if you enter this link. Because it is easy to earn one Bitcoin in a decade and the DCA method plays the most important role in making yourself financially independent.
The more you hold Bitcoin according to the DCA method, the longer your investment will be in the long term. Keeping Bitcoin aside for a decade and continuing to hold it is the most modern and plays a sure role in becoming financially independent.

The article talks about $250 per week for 10 years, which would be right around $13k per year and $130k in 10 years. I doubt that $130k in 10 years is going to be enough to get a guy to whole coiner status in the next 10 years. .but yeah, guys can do what they are able to do, and if they are able to start out with $250 per week for a while then maybe their income might increase and/or they might have other opportunities along the way, if they are really wanting to get to whole coiner status within 10 years.

Whether 1 whole coin is necessary or not, may be another question, yet surely, there are folks who are able to invest $250 per week and they have reasonable expectations to be able to increase their income and/or their discretionary income in the coming 10 years, so starting out with $250 per week may well be reasonably possible to achieve whole coiner status in 10 years or less, yet we likely have to presume some kinds of an ability to increase the DCA.. so perhaps start out with $250 per week in 2025, and then each year increase the DCA amount by 7%, so then in 2026 the amount might be $267 per week, and then in 2027 the DCA amount might be $286 per week, and then 2028 the DCA amount might well be $306 per week, etc etc etc, and by the time we get to 2035 or maybe even sooner, we might have had crossed over the threshold of having a whole coin (to the extent a whole coin is necessary and/or reasonable as a goal for us).

Quote from: kanftka on Today at 07:32:03 PM

Quote from: As-Soon-As on Today at 02:00:45 PM

This May Be the Final Year to DCA Your Way to One Bitcoin in a Decade
If you want to own a full bitcoin through dollar-cost averaging (DCA), 2025 may be your last realistic chance.
DCA Strategy Faces Diminishing Returns, But Bear Markets Could Be a Blessing for Late Bitcoin Stackers

Source: https://news.bitcoin.com/analyst-this-may-be-the-final-year-to-dca-your-way-to-one-bitcoin-in-a-decade/
Holding Bitcoin according to the DCA method is very enjoyable, you can definitely see it if you enter this link. Because it is easy to earn one Bitcoin in a decade and the DCA method plays the most important role in making yourself financially independent.
The more you hold Bitcoin according to the DCA method, the longer your investment will be in the long term. Keeping Bitcoin aside for a decade and continuing to hold it is the most modern and plays a sure role in becoming financially independent.

The headline was kinda wild at first, but after clicking the link and reading the article, I won’t lie, it makes some sense. The truth is, with how Bitcoin price is moving, getting a full BTC through DCA might actually become harder soon... Like, if you're putting in the same amount monthly and price keeps going up, you're just getting less BTC each time. Unless you increase your DCA amount, it gets less effective over time.

Still though, I believe DCA is one of the best ways for regular people to stack without stress. Just set a plan and stick to it. No pressure, no hype, just slow and steady.
But yeah, we shouldn’t let stuff like this make us panic or feel behind... Everyone has their own pace. And everyone’s financial situation is different. It’s better to DCA with what you can afford and keep your life balanced. If there is a legit way to boost your income to help with stacking more, then go for it, but don’t force anything....

Quote from: Ruttoshi on Today at 03:32:09 PM

I disagree with you on this statement. No matter how expensive bitcoin is, new investors will continue to use DCA method to accumulate bitcoin. It all depends on the amount that you are using to DCA, that's what will determine if you will be able to accumulate 1btc in ten years time. If someone with a strong discretionary income invest in bitcoin for ten years and keep his bitcoin accumulation ongoing with persistent and consistent, he can achieve one bitcoin within ten years.

I don’t think ''As-Soon-As'' guy said people shouldn’t DCA or that new investors won’t be able to. I’ll humbly advise that before we make comments, it is good to understand the full context of what the person is trying to drive. I honestly doubt you clicked the link and read through the article.
Because if you did, you would notice the article did not say people should stop DCAing. It actually talked about two possible scenarios.

First, if BTC keeps creating new highs and maybe reaches $520,000 or more, DCA would naturally become less effective, especially for people DCAing with small amounts, because you would just be getting fewer BTC for the same money.
Second, if Bitcoin drops or retraces, then DCA might actually become more effective and people could reach the 1 BTC target a lot easier.

So it is not that DCA is bad, it is still the best strategy, but the outcome depends on how much you’re DCAing with and what the market does over time. That is all he was trying to point out.

For sure it is good to account for a variety of possibilities and if we have such lofty goals, then we have to figure out ways to try to make sure that they are realistic and reachable for us by starting out with realistic parameters.. and yeah, if we do not ponder some of the specifics regarding how to get there, then we are merely engaging in detached fantasies rather than figuring out some potential strategy that might bring us closer towards being able to reach the goal that we set for ourselves.

Another thing is that if we consider best case and worse case scenarios, and then we try to accumulate in accordance with the worse case scenario, then our creating a plan and following it that considers and accounts for the worse case scenarios, then we become more likely of reaching our goals at that time or maybe even at a sooner date and maybe even exceeding our expectations.

I had done a similar thing in late 2013 when I started investing into bitcoin, and surely I am not sure if I was being realistic or unrealistic, but I had set goals for myself at various points regarding what I would get to, and many times my goals were for something like 6 months at a time, so then if I met or exceeded my goals for the shorter timeframe, then I would be able to set some other goals, and my longer term goals were more directional rather than specific… so for example I had considered that it would be good if my bitcoin investment would meet or exceed the value of all of my then traditional investments in around 20 years.. but then what ended up happening is that my bitcoin investment was in the negative for nearly 3 years, which allowed me to accumulate more bitcoin, but then at the same time, when bitcoin ended up going 10x to 15x in value, then my bitcoin started to match the size and the value of all of my traditional investments, and that happened in right around 3.5 years from the time that I started investing, even though the investment was not even very profitable at all for the first 3 years and it was even in the negative, and then all of a sudden from late 2015 to late 2016, BTC prices went from $250 per coin to $1k per coin.. and then surely we know in 2017 BTC prices went from $1k to $19,666, so then that ended up being 78x, even if the correction back down to $3k or $4k in 2018 would still keep the bottom at more than 14x. so even after correcting back down after around 5-ish years of investing into bitcoin, my bitcoin holdings ended up exceeding the value of my traditional investments. .and so I ended up exceeding my goals within ¼ of the time that I had expected that it might take to achieve…so surely there sometimes can be ways that our preparations and our attempts to be realistic with our goals end up with our goals being exceeded.. .which means that a guy who actively asserts himself in achieving his goal and he tries to be realistic about the goals, he might find that he ended up exceeding his own expectations… which is a good feeling to not to create expectations that are too high, but to take actions that are reasonably pushing the possibility to become an overachiever without necessarily stressing yourself out in the process.