Quote from: Kelward on Today at 01:41:11 PM

Quote from: Justbillywitt on Today at 09:23:27 AM

I think it is wrong to say that long term holders are always looking for ways to quickly enrich there portfolio. It is mostly those with short term motive , that is those that wants to make quick profit that thinks they can be able to enrich there portfolio within a short time and then cash out or start taking profit from there investment.

There's no need to rush in enriching your Bitcoin portfolio if you're on a long term investment, you can do it gradually and watch it grow over the years. I quite agree with the summary of Proty, except for the word "rush" in his post, rush can make you desperate to buy more than your capability.

Are you in anyway trying to tell me that if I was previously buying through DCA method with a weekly amount of let's say $50 and somehow my source of finance increased and I have more money available to me and I allocated more money to my discretionary income and I decided to increase my weekly DCA amount to $100 in order to increase (enrich) my bitcoin portfolio more quickly, but my objective of long term hold still remains the same, are you saying that I am wrong with the approach?

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Investors who are in a rush to buy cannot sustain DCA strategy, when they rush and buy before their income or profit drops it can affect their budget for other needs.

Nobody mentioned investors buying before their income drops. Stop reading posts like a newbie and read through lines of posts you want to reply, so you get the full content of what the post is about. You need money to buy bitcoin, so how can someone buy bitcoin before their income drops? Are you even listening to what you are saying, does it make any sense?
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