Topic: Buy the DIP, and HODL! - page 320. (Read 108677 times)

You seem to be mixing things up a little. I don't know how you came to the conclusion that DCA require large capital but the much I know is that the main ingredient of the DCA method is the sequence of buy that will not have much effect on the finances of whoever that is using it. So, I see the DCA approach as the opportunity people with small capital have to build their Bitcoin portfolio because it enable them to buy small amount per time and also regularly.

Many people following this discussion are applying the DCA method with as little as $20 per week and doing this for a year will amount to something very big. The first consideration for those who want to start the DCA method is to calculate what percentage of their capital they can invest in Bitcoin that will not become a burden to them and make them worried when price drops or want to sell so quickly. So, both small and large capital can apply the DCA method.

I even noticed that those with big capital will love to just buy at any price they consider good for them and not just follow the DCA that makes them wait to buy weekly or monthly as the case may be. Check all the whales entering the market, they just buy when they want to and do not follow any schedule.

DCA approach can only be applied to bitcoin, this is because bitcoin has great potential and is likely to be more valuable with the timeline as long as you are in a long term investment. Another thing you should know is that DCA approach can be done by both the pleb and the rich which any amount even as low as $10. It depends on how much your income is and how you feel is best for you to start investing with.

DCA requires large capital, because the average buy if coin down price. if you want a small capital dca buy it can start small. if not then it takes a very large capital to do the DCA strategy. and dca strategy is only suitable for coins with large capital at least in 10 big markets in coinmarketcap. if not it can happen like luna down the price of the coin until it is lost and worthless.

Yes you are right, the process of accumulating bitcoin with minimal income is certainly DCA is something that should be done, if we are only able to collect 0.000BTC if done every week it might be collected quite a lot on a count of 52 weeks in one year.
You are quite consistent in doing the DCA strategy in purchasing bitcoin, 0.1 is a fairly large amount, and I think beginners can read this, especially those who only know gambling without investing for their future.

As believers of bitcoin, the most important lesson we were all given was how to become long-term holders of bitcoin in order to become profitable investors. If we can accomplish that, our bitcoin holdings should have generated returns for us in the future, depending on the duration of our bitcoin hodling decision(months, or years). 

If someone looks at the price and purpose of 1 piece of bitcoin then of course it will be expensive 1 BTC is too high so if you buy 0.1 BTC it will feel very heavy if you do it at once, with the DCA method you can have 0.1 BTC even up to 1 BTC if you continue to do DCA all the time let time be the process of how we continue to accumulate bitcoin so on with the DCA method.

People who have not realized DCA are usually ordinary people, who have not been involved in long-term investment for a long time while DCA has been effective for low investors with minimal income even though the salary is minimal every month you can still do DCA if your financial management and cash flow still have leftovers then spend more on bitcoin.

In fact, I am happy with this thread, we can see how they do DCA all the time, funds how their process journey as I told above until now is still doing DCA even though the level of input is small but I already have more than 0.1 BTC from siganture the rest is in another wallet as the main wallet.

DCA requires large capital, because the average buy if coin down price. if you want a small capital dca buy it can start small. if not then it takes a very large capital to do the DCA strategy. and dca strategy is only suitable for coins with large capital at least in 10 big markets in coinmarketcap. if not it can happen like luna down the price of the coin until it is lost and worthless.

No investor in a new state is fully educated or experienced. I also started investing a few months ago, but (I decided to sell my investment but (suddenly I saw JJG's post) since then I stopped selling my accumulated bitcoins. When bitcoin price was between 25k and 27k  Then I started investing. And now my wallet portfolio has grown a lot. So I have now decided that I will keep my investment for more than 5 to 7+ years. Because I understand the signs of long term investment and I will definitely fulfill my plan because I  Want to own 1 to 2 bitcoins.

Market timing is useless unless you are an experienced investor who understands technical analysis and high-level research. A dollar-cost-averaging strategy,(DCA) rather than trying to buy bitcoins at the right time, will be much more effective than buying bitcoins at the right time. Since Bitcoin is a long-term investment, you will regularly allocate a small amount to the digital token.

For this reason, you don't have to worry about whether you have timed your investment correctly – because your investments will be adjusted depending on their ratio

Every new member knows how difficult the beginning was for them so we should help new members to make the beginning easier for new members. What to do in the long-term plan or what kind of steps an investor should follow in the long-term plan should be discussed with an investor in advance. Patience Belief Maximum Risk Acceptance All these things should be sufficient for a new investor who wants to invest in Bitcoin for long term.  

Exactly this is the best way to teach them and if anyone will start this method so with passage of time he/s will understand the how important it is and they will be in profit after 3 to 4 years uth they will continue this strategy for long time.

I heard what you said differently.  An older brother of mine used to say this saying, his morning was like helping with deeds rather than with money. If someone is helped with money, he will spend the money for a time and he will need money again and he will ask for help again. If he can be helped with an action, the action will earn money so that the person giving the advice will not need to be helped a second time. Although the word is short, this word has been used enough in every case. A new person expressed interest to know about investment or wanted to know about investment but we only discussed with him the positive aspects of investment only to weaken him towards investment so that he will enter into investment with wrong information or wrong idea.  

Before investing with an investor, one should discuss the financial situation after the investment. The new investor should be given a fair idea about the investment and although time consuming, the investment should be explained to him in such a way that he does not have to ask about it again later.
Investors who invest for the long term do not wait for the market to fall below its high of $2000 or for the market to change. By long term investment plan we mean long term plan with a particular coin. If you plan on a coin for two to three years, then you never give too much importance to the fact that the price of Bitcoin will change. For those who trade it is different but there is a substantial difference between trading and long term investing 2.  
A trader's objective is to buy a coin at a low price and sell it at a high price, but for a long-term investor, the plan is not so simple. When it comes to long-term planning, investors think that they should invest in the right coin and hold that investment for a long period of time. I believe so much that those who were waiting to invest for the long term have already invested for the long term.

If you invest in Bitcoin for the long term, you will benefit the most. Because the only long-term hold on Bitcoin is the investor will be successful. So if a person wants to be successful in life, he should invest in Bitcoin for long term. Because I am waiting to get my success full from Bitcoin.

In Bitcoin you will find success in life if you can make a long term investment with difficulty in the beginning. Only the beginning has to have the ability to take such risks.

When I first invested in Bitcoin, I didn't know much about the positive aspects of holding Bitcoin for a long time. I had no such idea when I was new so may be the same problem for those who are new investors now. I feel that learning to invest in a long-term plan was the turning point in my investment life. If I didn't know that investing in long-term planning is possible, my investing might have been a bit like trading. Just as trading involves buying coins low and selling them high, I might have bought bitcoins low and sold them high. Now I know about long term investment so for me long term investment is more priority then trading or other things.  


There are some investors who invested in Bitcoin with a long-term plan but they currently sell their investment at a small profit. This happens to many, but to those who do, you are not investing long-term, you are trading. I believe that once people get a taste of long-term investing, they will never invest in anything other than long-term planning.

As believers of bitcoin, the most important lesson we were all given was how to become long-term holders of bitcoin in order to become profitable investors. If we can accomplish that, our bitcoin holdings should have generated returns for us in the future, depending on the duration of our bitcoin hodling decision(months, or years).

As believers of bitcoin, the most important lesson we were all given was how to become long-term holders of bitcoin in order to become profitable investors. If we can accomplish that, our bitcoin holdings should have generated returns for us in the future, depending on the duration of our bitcoin hodling decision(months, or years). 

Investors who invest for the long term do not wait for the market to fall below its high of $2000 or for the market to change. By long term investment plan we mean long term plan with a particular coin. If you plan on a coin for two to three years, then you never give too much importance to the fact that the price of Bitcoin will change. For those who trade it is different but there is a substantial difference between trading and long term investing 2.  
A trader's objective is to buy a coin at a low price and sell it at a high price, but for a long-term investor, the plan is not so simple. When it comes to long-term planning, investors think that they should invest in the right coin and hold that investment for a long period of time. I believe so much that those who were waiting to invest for the long term have already invested for the long term.

I have similar testimony as you, the only difference being the time of entry because you seem to have started earlier than me. I can say it for certain that the DCA method is the most powerful approach I have seen regarding investing.

I used to think that it was too late to invest in Bitcoin since the price has gone up so much.  But this few months of using the DCA method have proven me wrong. My mindset changed when I realised that my Bitcoin portfolio have grown into something significant when I do not even feel I'm putting money somewhere because I calculated my DCA amount in such a way that I will not feel any stress.

I feel a lot of people are still having this same challenge of thinking that Bitcoin price have gone too high for their investment consideration. Anyone in such a situation should just give the DCA method a try and see how it will pan out six months from now.

If someone looks at the price and purpose of 1 piece of bitcoin then of course it will be expensive 1 BTC is too high so if you buy 0.1 BTC it will feel very heavy if you do it at once, with the DCA method you can have 0.1 BTC even up to 1 BTC if you continue to do DCA all the time let time be the process of how we continue to accumulate bitcoin so on with the DCA method.

People who have not realized DCA are usually ordinary people, who have not been involved in long-term investment for a long time while DCA has been effective for low investors with minimal income even though the salary is minimal every month you can still do DCA if your financial management and cash flow still have leftovers then spend more on bitcoin.

In fact, I am happy with this thread, we can see how they do DCA all the time, funds how their process journey as I told above until now is still doing DCA even though the level of input is small but I already have more than 0.1 BTC from siganture the rest is in another wallet as the main wallet.

They are too focused on the price of one bitcoin chip and feel that the money they have is not enough even to buy 0.1 bitcoin which causes them to think that the price is too high, and I also think the same thing, that there are still many people who do not realize that DCA is the most appropriate strategy for people with low, medium and sufficient income, even though with DCA we can manage it according to our abilities.

This thread is very helpful and I hope a lot of people continue to talk about this, because I think discussing in this thread even with the reviews piling up and repeating, but the usefulness will come to each new person who comes to this thread.

and HOLD BTC is the action you should choose