You are not the first person to discuss about this strategy in the forum I mean it's the most talked about strategy in this forum for investment. But the fact that it is the best method to go about Bitcoin investment doesn't mean one don't have to be discipline, because most people still fumble while using this nice strategy reason because they are not discipline and some accumulate for shot term instead of long term which is not encouraging because one will be accumulating at different price.
If OP did make a research if there's any the same topic as the post then op wouldn't have posted this but as you can see, OP didn't do it so that's why he created this thread. As you have stated, there are discussions already in the forum and all you have to do is to search for it and read it to fully understand what it is or share some insights. Some people might have different ways to accumulate bitcoin so I'd say it all depends on what they want to do yo accumulate bitcoin. 
Topic: Best method for Bitcoin accumulation. (Read 1124 times)
You are not the first person to discuss about this strategy in the forum I mean it's the most talked about strategy in this forum for investment. But the fact that it is the best method to go about Bitcoin investment doesn't mean one don't have to be discipline, because most people still fumble while using this nice strategy reason because they are not discipline and some accumulate for shot term instead of long term which is not encouraging because one will be accumulating at different price.
Who doesn't want to go as low as possible when buying a cryptocurrency?
Bargaining with the market to find best price for your entry is headache and many times you can not find that perfect entry price if in your thinking, best entry price means cheapest one.When opening a trade, even before this action, there are two possible ways for doing this:
- Intend to do safe trade with your trade partner, but want to find as cheapest price for entry as possible. This way, you are intending to do a safe trade and cheapest price must come together with safety of your fund and completion of the trade.
- Intend to find as cheapest price as possible, but don't mind about what is a trade partner you will interact with. This way, you are intending to find "too good to be true offer" and ignore all other factors of your trade partner. This increases risk of having a trade with a likely scammer because scammers usually will set up "too good to be true offers" that help them to find victims more easily.
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Someone willing to invest should do it when they have to, using an investment pattern such as the DCA, or they can simply keep buying with whatever amount of money they can invest regardless of the percentage, etc. Soon enough, they will realize that they haven't been making a mistake by doing that.
DCA is a good strategy but it takes time to accumulate considerable satoshis for your portfolio. No headache with DCA, and you only need to manage your available investment capital that needs to be sustainable and available along your investment journey like months or years. 
For anyone who is interested on going low and want to also achieve having the best and required maximum holding capacity, then we have to know this that bitcoin is only well know for using DCA in its accumulation, if we want to go free by what we are doing and have the tendencies of a reduced lost rate at the cause of making our investment in bitcoin, some may as well use other patterns, but as we are more concerned here, the use of DCA could drive towards the achievement of once's personal aims for making an investment because lost rate will be minimal.
Who doesn't want to go as low as possible when buying a cryptocurrency? You get more coins for your money and can possibly make better profits in the long run, however, it is believed that no one can perfectly time a financial market, especially a market that is highly unpredictable even for the ones who know the market extremely well. So it's not always a good choice to wait for the prices to go lower because you never know, they can go higher after that point as well.
Someone willing to invest should do it when they have to, using an investment pattern such as the DCA, or they can simply keep buying with whatever amount of money they can invest regardless of the percentage, etc. Soon enough, they will realize that they haven't been making a mistake by doing that.
For anyone who is interested on going low and want to also achieve having the best and required maximum holding capacity, then we have to know this that bitcoin is only well know for using DCA in its accumulation
There is no required maximum capacity for us whether we accumulate through DCA or lumpsum. Also, it's not only DCA as the only well known strategy for accumulation.if we want to go free by what we are doing and have the tendencies of a reduced lost rate at the cause of making our investment in bitcoin, some may as well use other patterns, but as we are more concerned here, the use of DCA could drive towards the achievement of once's personal aims for making an investment because lost rate will be minimal.
I agree, the point of following DCA strategy is that you're minimizing your losses. Lumpsum could give you a good day and a bad day as well but the same goes for DCA, we'll still have some losses but it's not that much to think of because we're following a plan that we have set about when to buy and how much we're going to spend. With all of this, the important thing here is we've got plans and when a chosen plan was already made, it's only a matter of making it happen for which many are failing to do it even with the knowledge of how to DCA. 
Using part of the money you earn is the best way for investment. You cannot invest all you have in bitcoin; there are many other things that you will cover out there unless you will not have any financial problems, which is impossible, so using part of the money you get in investments is the best option, whether it is weekly or monthly depending on how you earn. I don’t understand what you meant by the people that took too far. Regardless of how you take the investment, don't invest all you have; if not, you may sell some part of it at a loss because you will definitely need money.
Definitely we will have other things to worry about, we will have financial problems and bills to pay so it is not possible to spend all you earn in bitcoin except if you have other source of income that can take carr of your personal needs. It is not even advisable to invest all your money into bitcoin because that will mean that you are investing more than you can afford to lose and will have effect on your investment. Invest money you can afford to lose and always invest in a way that you will have reserve funds. The best strategy to accumulate bitcoin is the DCA method of investing a fixed amount at regular intervals regardless of how much or how small it is and that way you won’t have to sell your bitcoin as a result of emergency.
Quote from: Outhue
Everyone seems to be so focused on working and saving money then using small part of their income to invest in Bitcoin, this is not a bad idea but what about people that took things too far? I am very sure that such people exist.
You have to plan yourself ahead, have some emergency fund somewhere, I know someone who have separate account for bills and separate account for emergency purposes, this have saved him more than twice from looking into his crypto portfolio and taking out some money, most investors are only focused on getting paid every month and investing in Bitcoin, to me it is not a safer plan.
You have to plan yourself ahead, have some emergency fund somewhere, I know someone who have separate account for bills and separate account for emergency purposes, this have saved him more than twice from looking into his crypto portfolio and taking out some money, most investors are only focused on getting paid every month and investing in Bitcoin, to me it is not a safer plan.
Many people have found luck on using that method to accumulate Bitcoin in their portfolio, because they know that they are expecting payment monthly from their organization and the best way to save the funds is to invest part of the funds on Bitcoin to have some potential income to achieve in the future. If you don't have emergency funds around you, it will be difficult for you to be successful with Dollar cost average method, because anything can happen that will make you to need funds to solve the challenge immediately which you cannot trade your Bitcoin at the moment, than to use the emergency fund to solve the challenge to continue accumulating your Bitcoin to fulfill your purpose. But to other investors is a safe plan to wait for their salary to come before they can invest in Bitcoin, because they believe that salary will definitely come before the end of the month before they can invest part of the salary on Bitcoin investment and it is helping them to make progress with the method.
Everyone seems to be so focused on working and saving money then using small part of their income to invest in Bitcoin, this is not a bad idea but what about people that took things too far? I am very sure that such people exist.
You have to plan yourself ahead, have some emergency fund somewhere, I know someone who have separate account for bills and separate account for emergency purposes, this have saved him more than twice from looking into his crypto portfolio and taking out some money, most investors are only focused on getting paid every month and investing in Bitcoin, to me it is not a safer plan.
Investing in Bitcoin requires good planning, firstly one needs to have a steady source of income to think of investing bitcoin. Having a source of income, the goal is not just only investment but to be able to manage the money to make investment possible. Their is need to have emergency fund that is why it always advisable for investors to invest just the amount they can afford to lose, it is not just because of the risk that are there in investing but for one to be able to have savings and fund for emergency.You have to plan yourself ahead, have some emergency fund somewhere, I know someone who have separate account for bills and separate account for emergency purposes, this have saved him more than twice from looking into his crypto portfolio and taking out some money, most investors are only focused on getting paid every month and investing in Bitcoin, to me it is not a safer plan.
DCA is the best strategy. Everyone can use it. It is also the most convenient method for investors. This system pays a certain amount after a certain period of time by keeping the balance of the price.
You just only need to invest based on what your income, you don't need to stress yourself investing with so much money that is beyond your means but just with amount you can afford. DCA method of investing is very profitable for those that use it in investing bitcoin. 
most investors are only focused on getting paid every month and investing in Bitcoin, to me it is not a safer plan.
Investing should be smart. In general, I think that if you have spare money (not the last $100 in pocket, but money minus a reserve for current expenses and unforeseen ones), then buy bitcoin. If not, then look for ways to earn this extra money.That’s why, having to DCA remains one of the ideal method towards investing. It ensures your not making hasty decisions and you’ve still hot about enough to cater for your expenditure.
For anyone who is interested on going low and want to also achieve having the best and required maximum holding capacity, then we have to know this that bitcoin is only well know for using DCA in its accumulation, if we want to go free by what we are doing and have the tendencies of a reduced lost rate at the cause of making our investment in bitcoin, some may as well use other patterns, but as we are more concerned here, the use of DCA could drive towards the achievement of once's personal aims for making an investment because lost rate will be minimal.
Everyone seems to be so focused on working and saving money then using small part of their income to invest in Bitcoin, this is not a bad idea but what about people that took things too far? I am very sure that such people exist.
Using part of the money you earn is the best way for investment. You cannot invest all you have in bitcoin; there are many other things that you will cover out there unless you will not have any financial problems, which is impossible, so using part of the money you get in investments is the best option, whether it is weekly or monthly depending on how you earn. I don’t understand what you meant by the people that took too far. Regardless of how you take the investment, don't invest all you have; if not, you may sell some part of it at a loss because you will definitely need money.
I disagree if anyone use all money to purchase bitcoin and split it to three parts. Then one of three parts will be reserved for long term holding as investment; while rest two parts will be used for paying bills and emergencies. I disagree with this approach because you will have to sell your bitcoin for paying bills or emergencies anytime and at any price when you have to sell your coin. You can get loss with your selling for bills and emergencies.
Investing all you have and then later separate them in the name of using some part of it for emergency needs and daily expenses is bullshit. That investor will later sell out everything in both wallets because I believe he will be selling at lost since the market is not going up all the time you may invest now and after that investment the market will crash for weeks or months at this time he must be selling what he has already invested at lost.
You have to plan yourself ahead, have some emergency fund somewhere, I know someone who have separate account for bills and separate account for emergency purposes, this have saved him more than twice from looking into his crypto portfolio and taking out some money, most investors are only focused on getting paid every month and investing in Bitcoin, to me it is not a safer plan.
If you want to invest well, without headache of bill callings, urgent callings, you will split your capital to three parts: 1 for investment; 1 for regular bills; and last 1 for emergency. This means the first part for investment will be nearly untouched for paying bills or emergencies. The rest two parts will be used only for bill (second part) or emergencies (third part).I disagree if anyone use all money to purchase bitcoin and split it to three parts. Then one of three parts will be reserved for long term holding as investment; while rest two parts will be used for paying bills and emergencies. I disagree with this approach because you will have to sell your bitcoin for paying bills or emergencies anytime and at any price when you have to sell your coin. You can get loss with your selling for bills and emergencies.
You have to plan yourself ahead, have some emergency fund somewhere, I know someone who have separate account for bills and separate account for emergency purposes,
Well, then should add another account for investing. That is, entire budget should be divided into 1) an account for current expenses, 2) an account for unexpected expenses, 3) an account for investing.this have saved him more than twice from looking into his crypto portfolio and taking out some money,
In this case, you will be lucky if the cryptomarket is in a growth phase at the time of withdrawal of funds, but I would not count on it and here a reserve account for unforeseen expenses would come in handy.most investors are only focused on getting paid every month and investing in Bitcoin, to me it is not a safer plan.
Investing should be smart. In general, I think that if you have spare money (not the last $100 in pocket, but money minus a reserve for current expenses and unforeseen ones), then buy bitcoin. If not, then look for ways to earn this extra money.
Everyone seems to be so focused on working and saving money then using small part of their income to invest in Bitcoin, this is not a bad idea but what about people that took things too far? I am very sure that such people exist.
You have to plan yourself ahead, have some emergency fund somewhere, I know someone who have separate account for bills and separate account for emergency purposes, this have saved him more than twice from looking into his crypto portfolio and taking out some money, most investors are only focused on getting paid every month and investing in Bitcoin, to me it is not a safer plan.
You have to plan yourself ahead, have some emergency fund somewhere, I know someone who have separate account for bills and separate account for emergency purposes, this have saved him more than twice from looking into his crypto portfolio and taking out some money, most investors are only focused on getting paid every month and investing in Bitcoin, to me it is not a safer plan.
DCA strategy is a very good one and one that should be approached with lots of discipline, commitment and dedication. You should have an emergency fund set aside in order not to tamper with your investments.
You also need to have an accumulation target and consistently make purchases within the supposed intervals to reach the target, else you might stop hair way and sabotage your accumulation journey.
The DCA strategy is one of the best strategies when accumulating bitcoin on a long-term basis because it has helped so many investors achieve their goals in bitcoin investment. The DCA strategy comes with a lot of benefits: it allows investors to accumulate bitcoin at any given price because they know if the price of bitcoin drops, the DCA strategy will still allow them to accumulate bitcoin in a dip, and the DCA strategy also helps to control emotions, which will give investors rest of mind and they will not think about buying bitcoin at a high price. Bitcoin investment is a long-term investment, so any investor investing in bitcoin with any strategy also needs to keep emergency funds, reserve funds, and float so that he or she will not sell his bitcoin at a loss to survive. You also need to have an accumulation target and consistently make purchases within the supposed intervals to reach the target, else you might stop hair way and sabotage your accumulation journey.
DCA strategy or the lump sum strategy of investment, has always been a go to strategy for many oldies who have accumulated BTC or any other cryptocurrency before and want to do so again because they understand the market better and have a source of income that is ready to be used.
While DCA strategy will demand discipline from the investor, a lump sum strategy will only require occasional input until one is satisfied enough to either diversify their portfolio or reinvest.
When it comes to accumulation of Bitcoin for long-term, the first strategy that an old investor would think of is the DCA, it's one of the best method if not the best for stocking your portfolio over a long period but I think the best Cryptocurrency to DCA with is Bitcoin because it involves long-term investment, most other Cryptocurrencies are for short-term goals since they're pump and dumps. Also the DCA is not for jobless people, an investor must have steady income to participate in the DCA, cause with steady income, the investor would be able to buy at any interval that's suitable to them, be it weekly or monthly regardless of whether the market dips or an upsurge. However, irrespective of any other Strategies, I think I love the DCA strategy mostly cause it helps and investor to main discipline, normalise saving over time, which is very important. While DCA strategy will demand discipline from the investor, a lump sum strategy will only require occasional input until one is satisfied enough to either diversify their portfolio or reinvest.
Reading comments here I discovered that so many people went for DCA. That choice isn't a debate I want to start now on who missed the target or who got it. DCA isn't bad at all if one is bent on not missing the bus. However, if anyone has the dexterity of speculating and getting their predictions real good it won't be a bad idea for such a person to look for the near bottom and get in all at once instead of DCAing. Remarkably, the issue has always been that not many are good at analysing charts and that's why we depend on DCA to get in in bits.
Hmm, Agreed, as for newbies I won't say anything but if you now know the basics of investment and the crypto market, especially about Bitcoin, you should go for the hybrid strategy for the efficient accumulation, I know DCA is a good one, but it is the risk optimized strategy for those who are new and don't have time to analyze the market trends & fundamentals and developments, at the same time if you got some experience and little time, a multi-targeted strategy with a little higher risk can reward you in much more cheaper accumulation. That's why I always enforce to recommend a hybrid strategy rather than relying on the traditional DCA method.
Hybrid strategy is one option that can be utilized when you already understand how the market works and take bitcoin at a potential time as well as the risk and profit that can be taken by someone, So far the most consistent DCA provides quite large profits, as long as purchases are made at bitcoin prices such as Q4 2022 to the end of 2023, it is a gift that can be maximized, but it is a scary place, in essence DCA can also be very sharp and provide huge profits if at the right moment and with a strong and brave hand.
In my opinion, with DCA, the only thing that is at stake is time itself.
Of course, if a person has enough time and expertise to get the charts and metrics analyzed - he can go in that direction too, but DCA is for those whose investments would be covered by the volatility and its effects, especially going in into the BTC, because that's where this strat is used (in my opinion).
Reading comments here I discovered that so many people went for DCA. That choice isn't a debate I want to start now on who missed the target or who got it. DCA isn't bad at all if one is bent on not missing the bus. However, if anyone has the dexterity of speculating and getting their predictions real good it won't be a bad idea for such a person to look for the near bottom and get in all at once instead of DCAing. Remarkably, the issue has always been that not many are good at analysing charts and that's why we depend on DCA to get in in bits.
Hmm, Agreed, as for newbies I won't say anything but if you now know the basics of investment and the crypto market, especially about Bitcoin, you should go for the hybrid strategy for the efficient accumulation, I know DCA is a good one, but it is the risk optimized strategy for those who are new and don't have time to analyze the market trends & fundamentals and developments, at the same time if you got some experience and little time, a multi-targeted strategy with a little higher risk can reward you in much more cheaper accumulation. That's why I always enforce to recommend a hybrid strategy rather than relying on the traditional DCA method.
While DCA strategy will demand discipline from the investor, a lump sum strategy will only require occasional input until one is satisfied enough to either diversify their portfolio or reinvest.
However, the hybrid strategy works very well for those who may not be able to meet up with the demands of discipline that a DCA strategy would require. It would help an investor reduce market timing risks, enjoy immediate market positions and adapt to changing market scenarios and personal financial goals.
Reading comments here I discovered that so many people went for DCA. That choice isn't a debate I want to start now on who missed the target or who got it. DCA isn't bad at all if one is bent on not missing the bus. However, if anyone has the dexterity of speculating and getting their predictions real good it won't be a bad idea for such a person to look for the near bottom and get in all at once instead of DCAing. Remarkably, the issue has always been that not many are good at analysing charts and that's why we depend on DCA to get in in bits.
Hmm, Agreed, as for newbies I won't say anything but if you now know the basics of investment and the crypto market, especially about Bitcoin, you should go for the hybrid strategy for the efficient accumulation, I know DCA is a good one, but it is the risk optimized strategy for those who are new and don't have time to analyze the market trends & fundamentals and developments, at the same time if you got some experience and little time, a multi-targeted strategy with a little higher risk can reward you in much more cheaper accumulation. That's why I always enforce to recommend a hybrid strategy rather than relying on the traditional DCA method.
Hybrid strategy is one option that can be utilized when you already understand how the market works and take bitcoin at a potential time as well as the risk and profit that can be taken by someone, So far the most consistent DCA provides quite large profits, as long as purchases are made at bitcoin prices such as Q4 2022 to the end of 2023, it is a gift that can be maximized, but it is a scary place, in essence DCA can also be very sharp and provide huge profits if at the right moment and with a strong and brave hand.
Reading comments here I discovered that so many people went for DCA. That choice isn't a debate I want to start now on who missed the target or who got it. DCA isn't bad at all if one is bent on not missing the bus. However, if anyone has the dexterity of speculating and getting their predictions real good it won't be a bad idea for such a person to look for the near bottom and get in all at once instead of DCAing. Remarkably, the issue has always been that not many are good at analysing charts and that's why we depend on DCA to get in in bits.
Hmm, Agreed, as for newbies I won't say anything but if you now know the basics of investment and the crypto market, especially about Bitcoin, you should go for the hybrid strategy for the efficient accumulation, I know DCA is a good one, but it is the risk optimized strategy for those who are new and don't have time to analyze the market trends & fundamentals and developments, at the same time if you got some experience and little time, a multi-targeted strategy with a little higher risk can reward you in much more cheaper accumulation. That's why I always enforce to recommend a hybrid strategy rather than relying on the traditional DCA method.
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