The DCA method is a method that requires time to carry out, so it can only be carried out by people who have enough patience, especially when it comes to continuing to buy Bitcoin and not wanting to sell it again in the short term in any condition. This means that this method is usually used more often by people who like to collect and accumulate more Bitcoins before making a target release back into the market at a duration that ordinary people cannot predict.
You are right! The DCA method requires a lot of patience to operate, which is a method of depositing bitcoins over a long period of time. This method is only applicable to those who have enough floating cash because the DCA method should generally be run continuously so that the unit price will decrease over time through successive purchases and more and more bitcoins will be added to the stash. Regular accumulation can build up your portfolio to be fairly decent enough to reach that size within 2 years. At the next level you can be aggressive in accumulating which is to own more assured holdings within 4 years. You can drive for longer periods if you wish which is 10 years or more and guaranteed high future profits. 
Topic: Buy the DIP, and HODL! - page 140. (Read 122129 times)
loss? as long as you sell the bitcoin you have at a low price then you will not lose at all, however 1 bitcoin will last forever 1 bitcoin only the value changes because there are transactions in the market that cause that and indeed bitcoin will never stable value
As long as you don't sell at a low price, anyone who holds Bitcoin will never lose and will still make a profit when the Bitcoin price turns back towards increasing in the market. Because the rise and fall of the price of Bitcoin has become a very common thing for everyone to witness, so anyone who wants to sell it must be able to ensure that they are not selling at a price that is lower than the price level at which they had previously purchased it. That is the only key to not experiencing loss or loss in holding Bitcoin under any conditions.Only those who don't believe on bitcoin will sell at loss or those people doesn't have enough knowledge. Since for sure selling in panic will never be their option especially that they aiming to hold their bitcoin for long term. Also instead of getting panic in the dumping condition happened people will always look at the good side then continue to accumulate then they would be glad to have more bitcoin at more cheaper price.
But if they really want to sell then its their sole decision but as you said they make sure that they are not selling at loss since this will really be so bad investment decision they made. Sell at profit is always a good option but you will never do this decision which is to sell early if you have separated funds to be used for their immediate needs.
The thing I regret The most is not investing on Bitcoin when I had the opportunity to do so many years back, when they told me about Bitcoin I felt it won't grow any further so I never wanted to invest on it,
Sometimes we do not believe in uncertainty untill it becomes certainty or have a reason to believe. Doubt is one thing that causes setback. People always make use of this word "seeing is believing" but i see that word as a deceitful word. Because if we want to see everything before we believe, we may see it but we may not have the chance to achieve it or it will become too late. Those that didn't believe in bitcoin until they see it grow, was not fortunate to have it when it was cheaper. now they pay the price of self doubt by buying bitcoin from those that believe in bitcoin but didn't see. So there is price for whatever we believe and that is the price people are paying now by buying bitcoin expensive, and regret why they didn't buy earlier. The results of self doubt is regret, but the regret should not stop you from starting the future is still bring we are still the in early part of Bitcoin below $100k so buying and stacking now is not a bad idea. Whenever a person wakes up from sleep is his morning. I guess now is your morning grab it and invest wisely and the wise decision is bitcoin investment.as time goes on I later found out Bitcoin is still growing and waxing in size I regretted deeply and I started wishing I could turn back the hands of time But I'm happy I have started the journey.
The best part of your story that gladens me the most, is that you have started you journey of bitcoin now. One thing is sure, now is not too late to invest in bitcoin, since bitcoin is still in its early stages it would have been late when bitcoin would have crossed the line of $400 - 500k and above. By then gaining %100 or %200 growth would take some years to achieve compeard to the early days of bitcoin when %100 was so fast to achieve. Though I don't know how my assumptions may be, but I believe the earlier the better. loss? as long as you sell the bitcoin you have at a low price then you will not lose at all, however 1 bitcoin will last forever 1 bitcoin only the value changes because there are transactions in the market that cause that and indeed bitcoin will never stable value
As long as you don't sell at a low price, anyone who holds Bitcoin will never lose and will still make a profit when the Bitcoin price turns back towards increasing in the market. Because the rise and fall of the price of Bitcoin has become a very common thing for everyone to witness, so anyone who wants to sell it must be able to ensure that they are not selling at a price that is lower than the price level at which they had previously purchased it. That is the only key to not experiencing loss or loss in holding Bitcoin under any conditions.Quote
why do many investors recommend investing in bitcoin using the DCA method, because you can accumulate your assets stably and consistently with the same value every month and it has been proven that those who apply the DCA method will profit in the long term
The DCA method is a method that requires time to carry out, so it can only be carried out by people who have enough patience, especially when it comes to continuing to buy Bitcoin and not wanting to sell it again in the short term in any condition. This means that this method is usually used more often by people who like to collect and accumulate more Bitcoins before making a target release back into the market at a duration that ordinary people cannot predict. 
what people need to be able to focus on their investment is they need to think about the big picture of their investment and invest the money that they are ready to invest. because there are many investors when doing DCA they are not ready to use their money for that, and when the market experiences a shock, they end up worrying about their assets that are decreasing in value, and then they sell some or all of their assets because they are not sure about the market.
An investor who always get worried over his investment on Bitcoin because of some little move he saw on Bitcoin price movement is obviously not ready for an investment because one thing he must understand is that in as much as Bitcoin is a very good potential investment doesn't mean that it will not go through some ups and downs on the process because for someone who has a good dream of the future of Bitcoin will never allow those things to affect his psychology on his investment, however that's actually the difference between those who have serious passion and desire for Bitcoin investment and those who came to Bitcoin investment only because they believe they will make some profits in the time to come. yeah someone who wants to invest in bitcoin needs to see how capable they are in holding their investment since bitcoin is a volatile asset and its movement is quite difficult to predict. they must be able to understand that investing in bitcoin in a longer period of time is more profitable for them compared to investing in a short period of time. but in that case they need to see how their psychology is, whether they are able to hold bitcoin in a longer period of time or not at all, don't just because of the profit in the short term they ignore the potential for better profit in the future.
But before investing we need to analyze the judgment properly and do not look at how we can increase our investment. We don't even pay attention to how long we can continue our investment. As a result our investment is damaged. Maybe many people think that only by investing it seems that there will be profit from it, but actually it is not. If we invest we have to remember that crypto is volatile, so we can make gains as well as losses. It is recommended to invest in Bitcoin for a long period of time because even if the price of Bitcoin goes down, it will rise again later on, thereby giving investors a higher chance of profit.
Now Bitcoin deep market is going on at present, so if you invest during this time you will definitely find success. Because success will come in the way that you get the maximum benefit at the highest cost. And the ideal investment would be if the holders invest most successfully in the current period.
Now is not the right time to invest your money in Bitcoin, because currently the market is in a sideway position and most investors are just waiting. It's better to hold and see how the market develops because currently there is a lot of market uncertainty and at any time the market can drop. But if it's just DCA, that's not a problem, you can accumulate it from now on and hold it for the next few months.
Yes of course to Even think that now is not the appropriate time is a real facts that the investor is not ready to make it way in the market by take a good advantage of this low already we all know that Bitcoin is volatile and a dip like these, is usually expected to even enable us accumulate more, one with long term goal will not hesitate to take opportunity. If one is having a double mindset on the lie price of Bitcoin and see this nit been the real opportunity it means it mindset is not to buy and hold even though that invest to trade it's another opportunity for them since their mostly short time holder who can sell immediately when there is increased to accumulate for more profit when it occur.bti doubt buying Bitcoin joe is like rejecting a good opportunity and not valuing the Long term and the DCA because I see this as one of the best which one don't need miss because time will come when you need pray to dip but can't though one can buy it accumulate Bitcoin at any time but time like this is best because opportunity to get more is there beside any Bitcoin you accumulate now can usher you more profit in future as your holding for long term since it was accumulated when it's dip compared when it's at ATH.
what people need to be able to focus on their investment is they need to think about the big picture of their investment and invest the money that they are ready to invest. because there are many investors when doing DCA they are not ready to use their money for that, and when the market experiences a shock, they end up worrying about their assets that are decreasing in value, and then they sell some or all of their assets because they are not sure about the market.
An investor who always get worried over his investment on Bitcoin because of some little move he saw on Bitcoin price movement is obviously not ready for an investment because one thing he must understand is that in as much as Bitcoin is a very good potential investment doesn't mean that it will not go through some ups and downs on the process because for someone who has a good dream of the future of Bitcoin will never allow those things to affect his psychology on his investment, however that's actually the difference between those who have serious passion and desire for Bitcoin investment and those who came to Bitcoin investment only because they believe they will make some profits in the time to come. yeah someone who wants to invest in bitcoin needs to see how capable they are in holding their investment since bitcoin is a volatile asset and its movement is quite difficult to predict. they must be able to understand that investing in bitcoin in a longer period of time is more profitable for them compared to investing in a short period of time. but in that case they need to see how their psychology is, whether they are able to hold bitcoin in a longer period of time or not at all, don't just because of the profit in the short term they ignore the potential for better profit in the future.
Trading can be tempting with the promise of quick gains but the volatile nature of bitcoin often leads to significant losses for many investors.
It is not that we are not expected to have raised expectations over making profits from bitcoin, but we only have to know the certain conditions involved in making bitcoin investment and we wont be disappointed with our investment.
You're right that some make losses and it can still be said that many are making profits also in bitcoin, it is expected of every investor to measures on what they can afford to loose, also, we cannot take bitcoin for a get rich quick scheme like the way other investments and ponzi appears, there are procedures and requirements need to go through in knowing the expected decision we must take before investing in bitcoin.
This is why newbies are always encouraged to invest in a long term and hodli. DCA helps those new beginners to be able to accumulate more bitcoin if they do it constantly every week or month, so that they can grow their invest since they are late to bitcoin. Losses is for short term and that is why it is like gambling because the price of bitcoin in short term is not favorable.
Trading can be tempting with the promise of quick gains but the volatile nature of bitcoin often leads to significant losses for many investors.
It is not that we are not expected to have raised expectations over making profits from bitcoin, but we only have to know the certain conditions involved in making bitcoin investment and we wont be disappointed with our investment.
You're right that some make losses and it can still be said that many are making profits also in bitcoin, it is expected of every investor to measures on what they can afford to loose, also, we cannot take bitcoin for a get rich quick scheme like the way other investments and ponzi appears, there are procedures and requirements need to go through in knowing the expected decision we must take before investing in bitcoin.
why do many investors recommend investing in bitcoin using the DCA method, because you can accumulate your assets stably and consistently with the same value every month and it has been proven that those who apply the DCA method will profit in the long term
Trading can be tempting with the promise of quick gains but the volatile nature of bitcoin often leads to significant losses for many investors.
It is not that we are not expected to have raised expectations over making profits from bitcoin, but we only have to know the certain conditions involved in making bitcoin investment and we wont be disappointed with our investment.
You're right that some make losses and it can still be said that many are making profits also in bitcoin, it is expected of every investor to measures on what they can afford to loose, also, we cannot take bitcoin for a get rich quick scheme like the way other investments and ponzi appears, there are procedures and requirements need to go through in knowing the expected decision we must take before investing in bitcoin.
what people need to be able to focus on their investment is they need to think about the big picture of their investment and invest the money that they are ready to invest. because there are many investors when doing DCA they are not ready to use their money for that, and when the market experiences a shock, they end up worrying about their assets that are decreasing in value, and then they sell some or all of their assets because they are not sure about the market.
An investor who always get worried over his investment on Bitcoin because of some little move he saw on Bitcoin price movement is obviously not ready for an investment because one thing he must understand is that in as much as Bitcoin is a very good potential investment doesn't mean that it will not go through some ups and downs on the process because for someone who has a good dream of the future of Bitcoin will never allow those things to affect his psychology on his investment, however that's actually the difference between those who have serious passion and desire for Bitcoin investment and those who came to Bitcoin investment only because they believe they will make some profits in the time to come. The truth is that as far as Bitcoin remains a volatile asset, it's stability is not assured, investors should understand the actual concept of any asset before investing, there has never been a time anyone was assured that Bitcoin will not undergo market corrections that may lead to fluctuation in its price.
The volatility of Bitcoin is the reason why Bitcoin is termed a long term investment because volatility and fluctuation goes either the positive or negative which may favour an investor iin the long run, this is why every investor should apply the maximalists strategy of investing and forgetting with this strategy an investor will be able to wait till the end to achieve his or her goal, when we talk about value of this asset, the value of bitcoin remain the same no matter it decrease we should just understand that those are just mere fluctuations that may be favourable to hodlers at any given time, so for me I don't think such should casue panick for investors.
Now Bitcoin deep market is going on at present, so if you invest during this time you will definitely find success. Because success will come in the way that you get the maximum benefit at the highest cost. And the ideal investment would be if the holders invest most successfully in the current period.
Now is not the right time to invest your money in Bitcoin, because currently the market is in a sideway position and most investors are just waiting. It's better to hold and see how the market develops because currently there is a lot of market uncertainty and at any time the market can drop. But if it's just DCA, that's not a problem, you can accumulate it from now on and hold it for the next few months.
Trading can be tempting with the promise of quick gains but the volatile nature of bitcoin often leads to significant losses for many investors.
It is not that we are not expected to have raised expectations over making profits from bitcoin, but we only have to know the certain conditions involved in making bitcoin investment and we wont be disappointed with our investment.
You're right that some make losses and it can still be said that many are making profits also in bitcoin, it is expected of every investor to measures on what they can afford to loose, also, we cannot take bitcoin for a get rich quick scheme like the way other investments and ponzi appears, there are procedures and requirements need to go through in knowing the expected decision we must take before investing in bitcoin.
Trading can be tempting with the promise of quick gains but the volatile nature of bitcoin often leads to significant losses for many investors.
It is not that we are not expected to have raised expectations over making profits from bitcoin, but we only have to know the certain conditions involved in making bitcoin investment and we wont be disappointed with our investment.
You're right that some make losses and it can still be said that many are making profits also in bitcoin, it is expected of every investor to measures on what they can afford to loose, also, we cannot take bitcoin for a get rich quick scheme like the way other investments and ponzi appears, there are procedures and requirements need to go through in knowing the expected decision we must take before investing in bitcoin.
started in Bitcoin can be a bit complicated for new investors because of their tendency to take short-term profits. At the same time they want quick profit and short time from their capital. However, Bitcoin gradually allows their investment to be more organized. DCA to increase the size of bitcoins which allows beginners to accumulate without any additional stress. But if you want to complete a cycle and get in decent shape, it demands hard work. But still recommend you to keep more capital at least some time. At this time you can buy short-term bitcoins with cash that you can keep separately but this method can be somewhat risky. I think it makes sense to have your investments this way compared to having idle cash.
New investors often seek quick profits in their Bitcoin investments because they are drawn to the idea of making money fast, lack of proper understanding and some might not fully comprehend Bitcoins market volatility and bitcoin long-term potential. The significant profits in Bitcoin typically come from long-term holding rather than short-term trading. By holding onto your Bitcoin for an extended period you can benefit from the potential growth and scarcity of Bitcoin over time. This approach aligns with the principle of accumulating wealth gradually and reaping the rewards in the future. So, focusing on long-term holding can lead to more substantial profits compared to constantly trying to time the market for quick gains.In Bitcoin investment, I don't see trading as an option because it's just a way of lying to yourself that you are actually a Bitcoin investor while you are just obviously gambling with your funds via short term investments and it's quite funny that most of these trader consume their profit and use the capital to strive again for more profit. It's true most of these newbies get their information source from influencers who happens to be majorly traders and they get confused and brain watched thinking trading is the way forward but that a big lie. There is a way the mind works when you keep trading your coin, it lets you feel comfortable and makes you anxious of the profits you make and that eventually blind folds you of the benefits of long term holding. There is a wise saying that "sow now and reap the harvest in the future" long term holding is a form of investing for the future while short term trade only let you focus on the present while you miss out what's coming. Those who held to their Bitcoin investment from the first halving are greatfull they did, and this same scenario is going to repeat itself in the near future.
Trading can be tempting with the promise of quick gains but the volatile nature of bitcoin often leads to significant losses for many individuals. Long-term strategies for Bitcoin investment while staying disciplined, focused on accumulating Bitcoin is a better approach. DCA One of the most effective approach in bitcoin investment, where you invest a fixed amount of money at regular intervals, regardless of price fluctuations. This strategy helps reduce the impact of market volatility and allows you to benefit from the long-term growth potential of Bitcoin. Additionally HODLing bitcoin without being tempted by short-term trends can lead to increased profit in the long run. By staying committed to a long-term investment plan and avoiding emotional decision making, you can set yourself up for a successful Bitcoin accumulation journey. It's essential to differentiate between being a true investor in Bitcoin versus engaging in short-term trading which can feel like gambling. Long-term holding aligns with the principle of allowing investors to benefit from the potential growth of Bitcoin over time, It is all about staying focused on the bigger picture and not getting swayed by short-term gains and losses.
A question to ask does someone really feel satisfied while holding Bitcoin? To me I will simply say no because as long as the cash keep flowing you would always want to accumulate enough Bitcoin since bitcoin wallet doesn't have a maximum limit, in as much as your income keep flowing and you apply DCA method then you can never be satisfied even though you have about 10,000 BTC once the income keeps coming you will always apply your DCA money to increase your portfolio.
You could be right because most times human needs is insatiable that is why sometimes when an investor has not really arrived at his targeted point they will be having the mindset that immediately they get to that particular point they will hold but however you will be surprising to see that even after achieving there goal they will not really be satisfied and as such they will keep pushing to acquire more, which is also applicable in Bitcoin investment because with the potential of Bitcoin it will be very difficult to be satisfied with the amount you have already accumulated because in one way or another you would always find the need to acquire more Bitcoin especially when the source of income is flowing you will always keep investing. 
Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment
Getting started in Bitcoin can be a bit complicated for new investors because of their tendency to take short-term profits. At the same time they want quick profit and short time from their capital. However, Bitcoin gradually allows their investment to be more organized. DCA to increase the size of bitcoins which allows beginners to accumulate without any additional stress. But if you want to complete a cycle and get in decent shape, it demands hard work. But still recommend you to keep more capital at least some time. At this time you can buy short-term bitcoins with cash that you can keep separately but this method can be somewhat risky. I think it makes sense to have your investments this way compared to having idle cash.I don't know but if you are a new investors, you shouldn't complicated things in your end like selling it early and not holding it for a long time. I think that's what social media bring to his new investors though, as if they are being program that you don't need to be organized. You just buy and when you see profits, then sell it.
On the other hand, there could be new investors that totally shut down themselves from this crypto influencers, and don't complicate things by just buying. And maybe they don't really know what DCA means, but they might have been doing it in practice in the beginning.
The current price of Bitcoin the time this post was published shows that it has gone down with 2.35% and this is definitely an opportunity to keep hitting the buy and enable more profit even as you keep up your DCA. It's the combination of DCA and buy the dip, we are approaching the dip and this could be your opportunity to make more profit while DCAing.
Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment
Holding of our Bitcoin is a testament of Discipline and Patience, one thing that is certain in a financial market is that the investors trait reflects in the market meaning we take decisions and actions which reflects us directly in a financial market. With a long term view we expect our hodlings to appreciate and not necessarily short term spikes.
Same time we must understand that while we hold as you say, it is very important to accumulate more Bitcoin thus increasing the stash of Bitcoin in our portfolio which in turns gives much or lesser profit. With a suitable and convenient strategy and plan which would not be exhausting.
In essence I can't just advise someone to hodl onto a purchase (Bitcoin), when such investor can accumulate more.
I don't know but if you are a new investors, you shouldn't complicated things in your end like selling it early and not holding it for a long time. I think that's what social media bring to his new investors though, as if they are being program that you don't need to be organized. You just buy and when you see profits, then sell it.
On the other hand, there could be new investors that totally shut down themselves from this crypto influencers, and don't complicate things by just buying. And maybe they don't really know what DCA means, but they might have been doing it in practice in the beginning.
On the other hand, there could be new investors that totally shut down themselves from this crypto influencers, and don't complicate things by just buying. And maybe they don't really know what DCA means, but they might have been doing it in practice in the beginning.
In Bitcoin investment, I don't see trading as an option because it's just a way of lying to yourself that you are actually a Bitcoin investor while you are just obviously gambling with your funds via short term investments and it's quite funny that most of these trader consume their profit and use the capital to strive again for more profit. It's true most of these newbies get their information source from influencers who happens to be majorly traders and they get confused and brain watched thinking trading is the way forward but that a big lie. There is a way the mind works when you keep trading your coin, it lets you feel comfortable and makes you anxious of the profits you make and that eventually blind folds you of the benefits of long term holding. There is a wise saying that "sow now and reap the harvest in the future" long term holding is a form of investing for the future while short term trade only let you focus on the present while you miss out what's coming. Those who held to their Bitcoin investment from the first halving are greatfull they did, and this same scenario is going to repeat itself in the near future.
The current price of Bitcoin the time this post was published shows that it has gone down with 2.35% and this is definitely an opportunity to keep hitting the buy and enable more profit even as you keep up your DCA. It's the combination of DCA and buy the dip, we are approaching the dip and this could be your opportunity to make more profit while DCAing. Since I started holding without temparing with my coins, all I can see is profit and irrespective of the trend my coins are intact. Getting discipline enough without letting your emotions make decisions for you might take a while at first but that's the only way to live a happy bitcoin accumulation life. Thanks to Bitcointalk and Mr JJG for his inspiring posts.
IMG source: https://coinmarketcap.com/currencies/bitcoin/
Buying Bitcoin and hold for few months is trading which I can say is off topic because this talks about Bitcoin long term investment of about 4 to 10 years or more, with the DCA you can enter irrespective of price point, with Bitcoin long term investment plan invest anytime you have your money readily available for investment such that there is no best time ,@ jayjuanGee will always say that the first best time was yesterday and the second best time is today . Bitcoin is not a quick and get rich scheme.
What you have understood from what @jayjuanGee said is quite important knowledge for beginners like you because here we do not discuss trading or things that can throw Bitcoin into the market because of fear of loss or panic due to falling prices. Now the price correction is still continuing and this is an opportunity for everyone to make purchases with any accumulation and also any strategy. Because Bitcoin always has the potential to fly back after the price correction is complete, times like now should not be ignored by everyone without exception.
And beginners who already have an understanding of investing in Bitcoin in the long term, as you said, are usually beginners who already have a strong enough mentality to invest and buy Bitcoin with their existing accumulated capital. And if you are able to buy Bitcoin and hold it for four or ten years without selling it again in the near future, you will find something even more extraordinary than what traders feel in the short term because they are more tempted by small profits.
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