Quote from: bitzizzix on February 17, 2024, 02:55:57 PM

Quote from: ginsan on February 16, 2024, 09:22:50 PM

Quote from: salad daging on February 16, 2024, 06:48:31 PM

The process of the DCA method is simpler and easier for beginners to understand, just determine the time to make regular purchases whether weekly/two weeks or monthly it will be according to their abilities but this DCA strategy has become common but the most effective than other strategies, I feel how doing DCA for more than a year has a positive impact.

Those who sell in a hurry due to urgent needs may be due to lack of preparedness when starting investment with DCA, among others, they did not prepare a reserve fund for other emergencies.
But DCA is better above 5 years then the results will be even greater, but now it is trying on the way even though it is full of many obstacles and the temptation of an ever-increasing market because the desire to sell is always there, but until now it is still sticking with this DCA method.

In this case you are quite right because the DCA strategy is not a foreign strategy and is widely used by those who invest in Bitcoin. I feel comfortable applying the DCA Strategy in the investments I make.

DCA is quite good for beginners or old investors in accumulating Bitcoin.

I think the advantages of DCA that I have experienced in the investments I have made include that we are not burdened with thoughts that surround us. and there is also no pressure that makes us worry when prices fall because we always buy at every stage and continue to hold. For this reason, I think that for beginners, it is more suitable for them to use the DCA strategy in investing in Bitcoin.

Of course, the DCA method is the best choice among other methods for all investors and beginners because it is very easy to understand and apply, because it is simple and is not influenced by any negative factors. And it is also very comfortable to use for long-term investments and can also minimize risks due to highly fluctuating market movements.
DCA is a relaxed but sure way in terms of profits and this is real. And the most important thing is to consistently make purchases in stages to achieve planned financial goals, and if we apply the DCA concept in the long term, we will be able to meet our future needs earlier.

I have benefited a lot by investing in DCA method because when the market condition is bad I invest some and then when the market condition is good then a good profit accumulates in my account. And if I invest full amount it is very big for me. There may be problem. So I invest some money instead of investing full money and use DCA method with the rest of the money when the market is dumping. I have more chances of getting good profit. I think everyone can use this method to get good profit. There will be possibilities.

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