Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
sotelorene
on 21/08/2025, 20:59:26 UTC
Quote from: Qhunman on Today at 12:06:08 PM
Quote from: G_Besar on Today at 10:18:38 AM
Quote from: Silikiem on Today at 08:46:37 AM
Quote from: OgNasty on Today at 05:31:31 AM
~~~
The DCA method for me is the most subtle method to accumulate bitcoin no matter the price. If an individual decides to lump sum then is basically dependent on his level of income, but for the DCA method it’s not dependent on any category, both the high and low income earners seeking a long term strategy of continuous and consistently accumulation of bitcoin and hodl, are most certainly and likely dependent to go by this method to accumulate and hodl. The DCA allows you the most stability and consistency in the market which for me you don’t depend on the price of bitcoin before you accumulate. I don’t also see any reason stopping DCA.

As long as the method remains comfortable for you, it's fine to continue using it, especially if it's to continue accumulating Bitcoin until you have more Bitcoin in your personal wallet. I'm also quite comfortable with this method because it's not too difficult to maintain as long as I have a regular income that can be used to buy Bitcoin. This is especially true now that anyone still accumulating Bitcoin can earn a little more due to the price correction in the past two days. So you can continue to use this method if it doesn't make things difficult for you in any way because the most important thing is to feel comfortable when doing something without having to sacrifice anything else.

You're right sir, DCA strategy is the most convenient strategy used in accumulating bitcoin for the long term. When applying DCA you don't have to wait until you have a specific amount of cash before you can start buying bitcoin rather you can buy bitcoin for as low as 10$ weekly or monthly from your discretional income. This strategy can equally be used by both low coiner and No coiner in accumulating bitcoin respectively. Bitcoin investment has become a lot easier to invest and buy for the long term through DCAing so far an investor has a regular flow of income to be buying consistently.

The DCA can only be the most convenient method or strategy if you are doing it properly because if you are it won't be convenient for you because even as we speak now there are people that are struggling with the DCA method which is the best strategy because of lack of proper application of it and this lack of proper application, I realized it is sometimes caused by lack of discipline and lack of good management skill because if you are not disciplined and don't have a good management skill it becomes very difficult to utilize the DCA method even when they have a good source of income that they can get good discretionary from.