Quote from: Nightwatchmare on August 04, 2025, 03:09:44 PM

Quote from: imthegreat on August 04, 2025, 11:01:39 AM

Quote from: henry1111 on August 03, 2025, 07:18:00 PM

Is there any topic specific to DCA?
thanks

Quote

DCA - an investment approach in which a fixed amount of money is invested in specific assets at regular intervals, regardless of market price fluctuations

In simple terms, this is a great approach to investing where you don’t have to go through FOMO, track the price of Bitcoin, and constantly worry about investing in Bitcoin when the price was not profitable. A great DCA strategy takes everything into account. You simply invest at regular intervals, accumulating fractions of Bitcoin.
This is the most simple and effective for beginners. I have heard that many experienced traders have lost money in search of the perfect trading strategies, and ultimately chose DCA.

Since our weekly or monthly expenses might vary, it isn't advisable to invest a fixed amount of money into Bitcoin because you might put yourself in difficult situations in some weeks or months just to meet up with your weekly or monthly fixed DCA money. When you want to invest in bitcoin with the DCA strategy, you don't need to use a fixed amount of money so that any week or month your expenses are way too big; you can invest with your available discretionary income, and there will be no need for you to put yourself in difficult situations just to meet up with your fixed DCA money.

A person will invest in Bitcoin depending on his income type and how much money he is earning. Now let's say a person has irregular income. Maybe he earns money weekly or monthly and he does not get a fixed amount of money every week or month. Then if he wants to invest in Bitcoin, he has to be in this situation that he really has a discretionary income. If he has a discretionary income and that income is of a certain amount every month, then he can find an average discretionary income of three or six months and from there he can invest in Bitcoin according to his wish. But I think it is good to always keep the amount the same or close to it. Now let's say a person's average monthly discretionary income is around $300, so if he want, he can start investing $50 or $70 per week. What I think is that this discretionary income is more or less is not a big deal. The point is that if the fund is managed properly and invested regularly according to follow, then good results will definitely come. In addition, fund management is very important. Of course, he must create a reserve fund or emergency fund so that if he ever faces financial problems, his accumulated bitcoins are not affected later. Now if he does not have discretionary income or he gets discretionary income in some months or not in some months then he should think more about whether it is right for him to invest in Bitcoin or not. Because if you invest in Bitcoin in this kind situation and you encounter financial problems in the future due to unforeseen circumstances, then you have to sell that Bitcoin unwillingly and if the selling price is relatively low at that time, it will result in a much greater loss for you.