Re: Taking a loan to invest in DCA method

There is no guarantee but based on all of our experiences, we're in profit if we've DCAed long time ago and we'll compare the price we have now.
And also the price when we're able to buy all of those Bitcoins in the past. But this is the right thing to do.
We shouldn't guarantee it to people that we talk to if we're discussing about Bitcoin. Because this is one of the craziest thing that they might do upon hearing that it's a guaranteed profit and that's to take a loan so they can invest.

I don't think it's a good idea to take a loan for doing DCA. We know it would give you a good profit, but it takes 4 years or 5 before you can see the result. Taking a loan needs repayment every month, so how can you survive paying it monthly?
If you cannot pay them on time, you will face penalties, and you will get more negative profit than making profit from doing DCA.
And it might be worth beneficial if you do DCA in a bearish season because you are buying cheaper than randomly buying when the price is near ATH.

So, for me, if you are going to do DCA, only put extra money or a little percentage of your salary into Bitcoin as your crypto savings. Don't take a loan; you could lose more than you can profit from DCA.

It's never been a good idea to borrow money to DCA or do a lump sum. We're doing something that we're not sure of and if we're sure, we will use our personal money and not a debt to invest. Investing in Bitcoin is profitable but you're right that it will take around those years for one to be profitable.
And I don't think that someone who had relied on debt to invest will be able to witness that profiting moments when they have no other options but to pay the debt and interest with possibility of what they have bought and will be forced to sell at unsatisfying price of BTC.

Taking debt to buy bitcoin just creates more problems than solutions because the market can flip anytime and when that happens the lender will not care about your long term vision they only care about their money back and the interest that comes with it. When you invest with your own savings you control the timeline you can hold as long as you want without pressure and that is where most people find success but once you add debt the pressure grows you start watching every small move in the chart hoping it goes up quick and that stress usually leads to bad choices.

Bitcoin rewards patience but debt demands urgency those two things can never align if you want to be part of this market you have to do it with money you can comfortably lose or lock away for years not money that belongs to the bank or someone else. Some people convince themselves that bitcoin will double quick so the debt will be covered fast but history shows us that price never moves in a straight line there are months of sideways and even years before the reward comes if you cant wait those years then borrowing to invest will only trap you in frustration. It’s much wiser to build positions slowly with spare money even if the amount looks small because at least you have peace of mind and you can actually wait for the profit without someone knocking at your door asking for repayment that mental freedom is worth more than trying to gamble borrowed money on something uncertain.