If your discretionary income hasn't increased, you should continue DCAing with that amount and you will still buy more quantity of bitcoin when the price is higher than the current price. It's better that you don't use money that's not your discretionary income to buy bitcoin because it's not compulsory for you to use more money that's not part from your discretionary income to buy bitcoin because the price dipped, so that you don't put yourself in a tight situation that you will have to sell part of your bitcoin when you need that money.

When we make the wrong decision in our bitcoin purchase, it will lead to depreciation of your bitcoin portfolio and that is what we should prevent and avoid. It's better to continue piling up, than reducing your bitcoin size when it is not of our own will.

DCA is not a deferring technique if you are buying whenever you get paid (such as weekly or whenever you figure out how much money you have remaining after figuring out your expenses).  However, if you receive a lump sum payment, like in my earlier example, then all of a sudden you might have 12 weeks or more of your regular DCA amount sitting in front of you. In that case, if you were to spread out some of your lump sum over time, then you would be deferring your buy, and there is nothing wrong with that.

So the kind of DCA that a guy does when buys bitcoin every time he gets paid, such as once a week, is not deferred.

however the kind of DCA that a guy does if he receives a lump sum, and maybe he decides to spread it out for 4 weeks or more, then that would be deferred,.

Let's go back to the example that I created.  Usually you plan to buy $100 every single week, except some weeks you either don't get paid enough or your expenses are higher, so you might ONLY have $60 to buy bitcoin in those weeks, and then there are some other weeks that your pay is very high or your expenses are very low, so you are able to buy up to $170 worth of bitcoin.

So after you had been engaging in that kind of system for several months, maybe 6 months, all of a sudden you go to work and you hear that on the next Tuesday you are going to receive an extra $1,500 because the boss is feeling generous or there was some kind of a profit sharing arrangement that had caused you to earn it... so yeah, you are very excited, yet you figured you had been being a bit skimpy on building your back up funds, so you decided to add $300 of that to put into your back up funds and then use the other $1,200 to buy bitcoin.. and since you want to test out each one of the systems with your bonus pay, you figure that within a day of your receiving the deposit, you are going to buy $400 right away (within that same week), and then you with the buying on dip portion, you are going to set up to buy $100 ever time the bitcoin price drops 4%, starting from 4% lower than whatever price that you end up making your first buy with the $400.  So then you figure that you would buy at 4%, 8%, 12% and 16%.  If the BTC price goes up rather than down, you will rethink the matter if the BTC price goes up 16% from whatever price you buy the $400 next week... otherwise you are just going to keep those buy orders set.  Regarding the DCA, you decide  that you are going to add $50 to each of your already scheduled weekly DCA buys no matter whatever the DCA amount that you buy for the week, you are going to add $50 for each of the next 8 weeks.

Something like this could happen at any time.  Let's say that you receive a gift or you are given a side job that is going to pay you some extra amount that is beyond what you usually make.

I disagree with you dude, because no matter how much someone wants to invest in Bitcoin, that funds must come from the person's discretionary. Remember that an Investor always allocate funds to different needs and wants and these funds should be used for a specific task and so using money outside your discretionary is not advisable and it is a wrong investment and JJG has explained this before now. Even when we want to be aggressive, it is our discretionary funds we will use to...

Sometimes we need to keep Somethings to ourselves regardless of the level of trust, i know that my spouse knows i gamble, but she also know that i have been gambling as responsible as i can, and she doesn't have anything against me so regardless if i tell her or not, she will definitely not feel disappointed if she discovered that i gamble.

Economy situations are never permanent one might be struggling now and enjoy in the future economy hardship shouldn't prevent one of not having kids if you can comfortably take care of one kid at the moment you stike with it if it's just 2 kids you keep on with it and gave birth to more when things changes for good, you might regret not having at all because at old age you will need one who will take care of you too sometimes children bring blessings to their family some persons life change when they start having kids.

I see a lot of news about some company or group acquiring a huge amount of Bitcoin and there's no evidence of purchasing that particular account of Bitcoin, some news about Bitcoin purchase we see out there especially on X (Twitter) are false the only once I usually believe is when a see evidence of there purchase.
Some companies or group really want to become popular and they see that if they publish a news that they just purchased a huge amount of Bitcoin people will be talking about it and the news will be carried by a lot of X (Twitter) bloggers or page especially those once that only post about Bitcoin they are usually eager to see a news about bitcoin purchase so they can post it on there page.
Evidence about purchase should always be posted by the company.
The reason why I'm writing this is because i saw a news that a company purchased Bitcoin with this huge amount they mentioned, I quickly checked the company's net worth it was not up to that amount used to purchase Bitcoin.

I understand your confusion. However leet me try to break it down in the simplest way I can..... There are different methods people use to accumulate Bitcoin, some of this methods includes

• DCA (Dollar Cost Averaging): When you buy a fixed amount of Bitcoin at regular intervals, no matter the price.
• Buying the Dip: Here you wait for price drops and then buy more when Bitcoin is more cheaper.
• Lump Sum: You invest  a large amount into Bitcoin all at once.
• Earning of  Bitcoin: Through work or services( like earning through the signature campaigns and so on) or any other means instead of buying.......etc.

Now, the most popular and widely advised method, especially for newbies is DCA method. This is because it is more simpler when compared other methods like Buying the dip etc.The simplicity ofDCA method lies in the fact that it doesn’t require timing the market, and then it helps you keep stacking up without worrying over price movement. That’s why you have hearing many members hof this forum telling newbies not to keep waiting for the dip, coz you could waste months or even years doing nothing.

You are correct that $10k into bitcoin, would have had resulted in at least a million dollars under a variety of scenarios..

We likely would not expect buying BTC at the bottom of the market, yet we could figure the range to be of BTC prices 10 years ago (in 2015) to have had been  between about $225 to $450 per BTC, so best case would have been around 44.44 BTC, and worse case would have had been 22.22 BTC... and so any of those cases would have resulted in at least $1 million valuation of the bitcoin as long as the person had sufficiently and adequately protected such BTC.

Even if a person would have had invested the $10k over two years from January 1, 2015 until December 31, 20016 (that would have had been $100 per week), and would have had resulted in right around 30 BTC.

This time will definitely come to pass and those that are waiting for Bitcoin to dip more before they buy will be so unfortunate that the price they are seeing today won't be seen at all, you can just imagine the price of Bitcoin as of 2020-2021 and what we are seeing now. The possibility that Bitcoin will dip to the price it was as of 2020 is very small (rare) if at all that can happen even though BTC is a volatile asset. But anyone who is interested and determined can still buy in the future regardless by using the most convenient strategy ( DCA method) because since they are not buying a whole ( 1 BTC) they can accumulate but it is good to start now so that before that time we will be at overaccumulation stage or almost there.

Never effective for someone that claims to be a long-term holder, It hinder lots of opportunities, lots of chances to boost your portfolio, since Bitcoin is volatile it's best to approach it with a strategy like the DCA, with that you don't have to wait before buying with the way bitcoin is going it might likely not dip to the point those who wait are expecting so instead of following that path it's better to buy periodically which offers more effective way of building a portfolio.

 While some people think it's best to wait, those who understand better what investing on Bitcoin is all about would be gradually building and getting profits on the long run as the price increases, every true investor know the best approach to a better accumulation it's only those ignorant to what the DCA is all about that ignores it.

When you're on DCA it wouldn't matter what season that Bitcoin is in, whether it's bull or bear circle you'll just keep buying until your long term target is reached. It should normally take between 4 to 10 years or more before you should consider selling because by then no matter the season or circle that you bought you should be in profit because different ATH must have happened. If you buy and sell within a considerably short term it'll mean that you're trading instead of investing on the long term that is sure of giving you ROI. Bitcoin is a store of value and the value comes from holding for a long term because it's a volatile asset.

I agree with this, if one wants to avoid the issue of addiction, then one must control one's gambling and gamble responsibly.
But if you cannot manage gambling responsibly, then you should completely give up gambling, there is no other way.
The issue of gambling is very tempting, people get addicted very easily here, if you cannot control yourself strictly here it is better to stay away from it.
Gambling is not the only thing for entertainment, we can enjoy a lot of entertainment even without completely abstaining from online, all we need is the right mindset.

Since Xi Jing Ping's rise to leadership of the Communist Party, many Communist Party members have been massacred (thousands were executed, removed from party posts, and denied access to public facilities). Many consider this to be genocide and an act of slaughtering pro-democracy political opponents (Deng Xiao Ping's era, China was very close to the United States).

Although China appears strict on corruption, this doesn't mean it doesn't play dirty. In fact, to secure infrastructure projects, Chinese private sector companies actively bribe government officials. China is extremely tough on domestic bribe-takers (corruption is seen as an existential threat to the party-state, maximum deterrence, discipline, severe penalties, even the death penalty. However, it is weak in taking action against Chinese bribe-takers abroad, which is legally prohibited, but enforcement is weak, jurisdiction is narrow, and projects are in an ecosystem that encourages “grease payments.” As long as China has not become a party to the OECD Anti-Bribery Convention and has not established a pattern of routine prosecution of foreign cases, this gap will persist.

I guess the idea is not totally wrong, but is the execution what matters: it is certainly possible for the US Government to sell some gold to buy bitcoin. Selling physical gold to buy digital gold is a good move in the long run, but comprehension is not there yet. It must be cleverly communicated.
The problem is that one thing that for sure was missing from this President's actions and team: it is the flawless execution.