Quote from: Stormisover on Today at 05:08:35 PM

Quote from: Rhow on Today at 07:47:56 AM

Quote from: Nightwatchmare on Today at 05:23:11 AM

DCA strategy is the mostly discussed strategy on this thread so i will not blame you if you think DCA is the only strategy used in accumulating bitcoin. There are three strategies you can use to accumulate bitcoin, and they are DCA strategy, buying the dip strategy, and lump sum strategy. Why it seems DCA strategy is the only bitcoin investment strategy is because DCA is the mostly discussed and adopted strategy because it gives both rich and poor investors a chance to start bitcoin investment even if bitcoin price is $200,000. There's no bitcoin strategies that is difficult to use in accumulating bitcoin, and if you know you can't make use of lump sum and buying the dip strategies to accumulate bitcoin, you better stick with DCA strategy so that you will not mess up your bitcoin investment.

Yes, I understand from the experts that DCA is the most discussed and accepted strategy.

The biggest reason for this is that rich and the poor can invest in the DCA method. There is no pressure. Because no matter how much the price of Bitcoin increases or decreases, it does not affect the investor's investment. The investor can set a specific goal and continue to invest. They do not have any trouble in taking long-term goals. On average, very good returns are obtained. For all these reasons,the DCA method seems to me to be the only investment method. Also, I think it is not right to invest with so much pressure at the beginning of the investment. If I gain more experience in investing, I can try other methods, but before that I will follow the DCA method.

To me, investing in other methods is like being under pressure. Although everyone knows that no matter how much the price of Bitcoin decreases, the price will recover. Still, I consider buying lamsum and dips to be uncertainty.

How can you say no matter how much the price of Bitcoin increases or decreases it doesn't affect investors investment? this is not true, when the price increases or decreases it affects the investors investment.

There is no reason enough for you to say that DCA is the only investment method and this can be misleading.

It is not right at all to invest with any pressure at whatever level of your investment and not only in the beginning of your investment.

Gaining more experience in investing only doesn't qualifies you trying other methods what qualifies you is that those other methods suits your circumstances and it is not compulsory that you must use all the methods, you will only use the one that is convenient for you, and there is no pressure in investing with those other methods do the ones that will works for you without pressure.

I don't understand what you meant by considering buying lump sum not lamsum and dips to be uncertain, please can you explain further.

You are correct that price fluctuations will have an influence on the portfolio of an investor at any given time including in DCA. By that most people mean that DCA will minimise the emotional effect since you are not purchasing in a lump sum. It does not insulate you against profits or losses, but it helps level volatility, and may simplify long-term planning.

Following lump sum and buying the dips, the risk has been in the form of uncertainty that is the timing risk. A single bulk purchase means you are exposed to the risk of making a purchase at a high point whereas DCA diversifies the price. But you are correct, it is not necessarily uncertain, it is only riskier when market timing is wrong.

I also do not disagree that DCA is not the only method. This is based on what you are seeking to achieve, the level of risk and the situation. Other investors are attracted to lump sum or tactical buying, as it can offer higher returns when done at the right time, and it does not need to be a stressful experience when done with due caution. The trick is to select an approach that best suits you and leave it without allowing emotions to influence decision making.