Quote from: blackberrman on Today at 05:39:27 PM

Quote from: Finebone on August 07, 2025, 04:22:53 PM

Quote from: Wind_FURY on August 07, 2025, 10:15:09 AM

It actually depends on your preference, your situation in life, your age, your marital status, and other things that may or may not make you more comfortable in a particular strategy.

There's also the timing, luck, and which part of the cycle Bitcoin is currently in. I admit that I merely got lucky with the timing in 2019. I had the savings, and I had NO responsibilities/distractions.

Though it's quite cool if you can get Bitcoin at a cheaper rate, but timing the market before making a purchase is what am not a big fan of, because the possibilities are high that you might just be wasting your time in your accumulation journey.
Additionally, you might encounter a very good price to buy, which might be a dip, but greed of wanting more might set in, am you may not buy them, hoping that it's going to drop even further, which might makes you miss that buying opportunity, so it's because of these i just don't feel ok timing the market because that's what traders do, not investors like us

That's why I think the DCA strategy is the best because it helps you get rid of such challenges as when to enter and when to exit the market. Using the DCA strategy, you can invest without fear even if the price falls and buy cheaply. Similarly, if the price rises, there is no problem because you will always be with the market. By investing for a long time in this way, you will gain skills on the one hand and on the other hand, you can help your investment take the form of a strong investment. DCA teaches us that low income does not mean low potential, but rather that with your patience, small investments can bring you something big one day.

Since we have adopted DCA approach and it applications, there have been a lot of lessons that we have learned along the way, like me personally way back in 2023 I became so intentional with my DCA practice and I bought a lot of times no matter how small the amount of Bitcoin could be I just buy, and what I learned is that in Bitcoin holdings, you can only lose time and as long as you hold your Bitcoin regardless of the value, even if the price is low, you have not lose anything, until you are pressure to sell below the price you both your Bitcoin that is when you lose, so long you keep holding and accumulating, you will always be in track with your DCA practice.