Topic: Buy the DIP, and HODL! - page 374. (Read 123464 times)

I think that my point is to make sure that you do your own calculations, and sure there could be some reliance that the amount invested and the amount of BTC accumulated during that period of time would be in the ballpark of being correct, but once you have those numbers, you have enough information to figure out how much you would have had invested at the chosen rate versus how much your BTC would currently be worth, and so at least currently we might be closer to having similar numbers, even though probably you could go through your original list and then make an update for each of the amounts, which would likely end up changing some aspects of your theory about DCA buying into BTC, which sometimes the results can be quite ambiguous in a time period that is less than 4 years,

however once we get to 4 years or more, there seems to be a tendency that the longer that you have been investing into BTC then the better off that you are, even if there might be some BTC price peaks in some of the years that might cause the percentages to not be very different between some of the adjacent years, even though still the overall idea of the longer that you have been in the more likely the better off that you would have been by DCAing into bitcoin as compared to other possible methods, even though surely if you see prices after the fact, you still can make arguments that you might have had been able to figure out how to buy at lower prices. which seems mostly a fantasy, unless you had actually been able to do it, which also might have had been more luck than anything meaningfully undermining how DCA has tended to be a quite solid practice for allowing folks to be as aggressive as they are able to in regards to BTC accumulation and still likely being able to accumulate more BTC, even if it might have had costed them more than other strategies, but there also is likely some value to the fact that they had been able to consistently and persistent accumulate BTC over the years, and there is no real sign that DCA is becoming a less valuable strategy, especially when it comes to longer term BTC accumulation over 4-10 years or longer. 

Thanks for clarifying that SA is just a wastage of time. If you read my initial post I wrote that I don't have much info about TA, FA and SA nor I have that much time to learn these techniques.


https://dcacryptocalculator.com/bitcoin and https://costavg.com/ are giving similar results if we want to calculate results of 100 dollars per week for last three years. ROI for last 3 years from these sites is 43%.
While same data on https://dcabtc.com/ shows a decrease in 20% of total investment. So better follow https://dcacryptocalculator.com/bitcoin and https://costavg.com/ for DCA calculations.
Thanks for giving info about these two sites. Will do some more research on DCA on these two sites and will posts results in a day or two.

It remains kind of strange that the framing of what is DCA has to be repeated, repeated and repeated, and the essence of the matter is that surely once anyone concludes that BTC is likely to be a good long term investment, then that means to buy it, and if you buy it in a way that is the least damaging and the most beneficial to you would likely end up honing upon DCA as one of those mechanisms, even if you might combine DCA with lump sum investing and buying on dips.

So the essence of the matter is to conclude whether you have enough BTC or not.   Are you sufficiently prepared for up or not?  If you don't have enough BTC to be prepared for UP, then you should accumulate as much BTC as you are able to accumulate within methods that are available to you in the quickest way that you can, without devolving into gambling techniques and/or necessarily engaging in leveraging.

Many times DCA is that better of the ways to accomplish getting a decent BTC position, even if maybe you might start out with a lump sum and then DCA after that.

No one can tell you whether or not you have enough BTC, unless you tell us that you have none, then any of us might say, "well you better get some."  And, then from that point, you have to figure out how many you should have?  Are you going with whimpy, such as 1% of your investment portfolio, or maybe more on the aggressive side of 25%, and so then getting to the target could happen quickly or it might take several years to reach the target, and then once you reach the target, you may need to consider whether you keep buying  in proportion to your allocation, or if you have gathered enough wealth.. because one thing is getting your allocation to a comfortable place, but another thing would be considering whether to continue to invest into BTC - which also might have to do with the extent that you have other investments, whether BTC has been volatile during the period that you had been accumulating and are you at some kind of a fuck you status or still earning an income through work.  We cannot even pigeon-hole everyone in terms of people choosing to continue to work, but if they are at fuck you status, then they would ONLY be engaging in kinds of work that they truly want to be doing rather than having to do for financial reasons..


There is a certain advantage of the BTC price falling while doing DCA, yet falling prices can cause anxiety in regards to some people feeling that they had made their earlier BTC purchases at prices that were too high.

If you don't know whether BTC prices are going to go up or down, then you may well not really have much of a choice, and most of the time, we cannot really know if the BTC prices are going to be going up or down.  However, we can assess our own situation, and consider if we have enough BTC or not, and we can choose if we might want to lump sum into BTC - but we can ONLY lump sum into BTC if we have the funds to do it, and if we might have not already lump summed into BTC with whatever extra money we had at an earlier date.

Let us be a little more comfortable in investing bitcoin with the DCA method, you must have an emergency fund of at least 3-6 months to cover your life for the future, of course the source of monthly income must exist, the cost of living expenses has been determined, DCA how many percent must be spent then this cash flow must be properly organized as discipline in carrying out the DCA strategy to remain consistent.

DCA does not have to wait for prices to fall because DCA is moving forward with years of travel, whether prices fall or rise if you remain consistent it will continue to enter into DCA in any price condition, if waiting for a decline or in bearish times then do what is called DIP or purchase at once, but most of the lower majority do not do that and they are comfortable with the DCA method even if it is $20 per week.

Maybe in the DCA level you can do more aggressively by increasing the percentage every week or month, if in an unstable cash flow situation then you can minimize the important thing is that you can increase according to your ability.

Of course DCA can be done only if you have a steady source of income or money. I think the best time to do DCA is when the market is falling, because where you buy, if the price goes down from there, you have the opportunity to buy more.So along with money, a suitable market is also very important. Bitcoin price also plays a very important role in DCA

There is no denying that money is necessary to do DCA, whether you have a large amount or weekly or monthly it doesn't matter. You can take advantage of DCA only when you have the opportunity to make frequent purchases at lower prices.

Yes Brother DCA method is better and gives a good sense of safety over our investment if it is done right at the right time. I mean if it was started when Bitcoin price was within or around 30k. it would've given a good return by now when Bitcoin is $43.5k
Do you think it is too late or DCA method can still work even at this high rate?

while for some people being consistent might be difficult but many people can do that and maintain consistency in their DCA method investment plan. but as you said Cash Inflaw is very important for that purpose.

Any of us can invest correctly in the right way (DCA). Now. In my opinion, if we want to be successful playing with the Dollar Cost Averaging (DCA) pattern, we have to be consistent in investing it all for the long term. However, behind that, all we have to pay attention to is that we have a relatively stable income first of all, if not, whatever what we do will be less Matching, meaning that the frequency and amount will not be measurable later and what happens is that our investment is not sustainable and stops halfway.

The ideal time to run a DCA strategy is when an investor has a consistent cash inflow or outflow, and at that point, they can run the strategy for as long as they want, up to several years, with any weekly investment amount.
Without a reliable source of income, I doubt someone would invest in bitcoin on a weekly or monthly basis, much less being consistent over a year, if that were the case.

This is a good long-term investment plan and for sure when we DCA what should be at the back of our mind is how best we can accumulate our Bitcoin along the line because a lot of times we may give a long period of investment plans using our own income to accumulate a 1 unit of bitcoin,  but along the line if you are smart with your DCA approach operation at some point you will be achieving your long term Bitcoin investment goal in a short time.

A summing you give a 1 year $100 weekly Bitcoin investment plan to arrive at 1 full united of bitcoin,  but if you are smart enough you will arrive at that 1 unit of bitcoin within a six month which is half of the initial year you set said for your Bitcoin journey.

Its good ideas with accumulate plan investing in bitcoin $100 every week and possibility to invest around $4800 every years, if have stable financial and not any urgent needed I think all people have possibility for accumulating investment in bitcoin and they will add few percent of accumulation if have more better financial condition. Some people think with small fund when accumulating $400 every month for investing in bitcoin because current price have raise above $44k and $100 every week will earn small amount of bitcoin.

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Have running almost one year with my investing bitcoin accumulation but I start around $150 every week and raise $600 in monthly for investing in bitcoin, wish have stable financial and keep consistency investing or accumulation as much possible in bitcoin until several years later.

The calculation is very simple and clear, if every week $100 is deposited in the DCA method, then at the end of the month, an investor's investment amount will be $400. 100 per month and at the end of one year the person's investment amount will be $4800. If that investor can invest $100 a week regularly and if he can do this investment for four to five years, his total capital will be close to half BTC. 

Assuming you invest 100 dollars every week as per DCA method in 5 year plan then at the end of 5 years your total investment (only capital) will be around 25 thousand dollars. 

The calculation I gave of 25 thousand dollars is only his capital and I believe if he can invest continuously for five years, his profit will be much higher. Investing $100 every week in the DCA method will be difficult for most investors so there is an easier solution for them. Those who find depositing $100 every week can invest as much as they want and increase their investment amount every week or every month.

For example, if an investor invests $50 this week, he plans to invest $55 to $60 next week. Investing in DCA method by planning in this way will only increase the investment amount of the investor and it is a deposit for the investor.

Ok. I finally looked through that "accelerator thread" that you provided a link to in your post @Su-asa, and ultimately, it seems to me that there is controversy in regards to if there is evidence that the OP of that accelerator thread (Spider703) has any connections to miners and/or abilities to speed up any of those BTC transactions, even though he is seeking tips for offering such services.  I suppose it would not hurt to submit a stuck transaction through him, even though you do lose some privacy.

Hugeblack's post from last month is likely an accurate description of the concerns that the efforts of the OP of the accelerator thread is not really helping transactions to go through more quickly or in a way that would be better than submitting the transaction to ViaBTC.com yourself - although it appears that some members had troubles sumitting their own transaction and even waited many days for their transactions to go through prior to contacting the OP of that thread (Spider703):

For this reason, if you have to invest in e-Bitcoin, then there is definitely no opportunity to delay.  You see when bitcoin price was between 25k to 27k for a long time many investors thought that bitcoin price had peaked this year so they stopped investing thinking that bitcoin is more likely to go down. But today the price of Bitcoin has almost doubled in just one to two months. So many investors are not brave enough to invest from Bitcoin that's why it is better to use DCA method. If you invest using the DCA method, your bitcoin price will drop significantly over the last period of time averaging. This is why the DCA method is better because many people are saving money and finding success using this method.

I have invested in Bitcoin DCA method and have been gradually investing following the DCA method. I am investing 70% of weekly income in DCA method. I can see that by investing in the DCA method my investment has increased a lot and I am making a lot of profit due to the increase in the price of Bitcoin. But I hope to keep investing like this until my dream comes true. Investing in DCA method is also very affordable for a middle class person because a middle class person has to spend all the money he earns to support his family and it is not possible for him to invest a lot of money in Bitcoin at once. In this case DCA method is very good investment method for middle class person. People can go ahead and fulfill their dreams by investing in DCA method.

The mere fact that these various strategies exist or that people think about these matters in different ways does not even mean that the strategies (or the ways of thinking) are equally as good or even equally thought through or that they are particularly tailored to the circumstances to the person.  Sometimes we might even tell someone that their strategy is dumb, even though it is a validly existing strategy that is based on their determination of how to manage their BTC accumulation, maintenance and/or accumulation - and maybe they are engaged in trading, and we can also proclaim that their strategy is valid, but it is dumb, especially when it comes to bitcoin, but such a strategy might be more valid when it comes to shitcoins in which most of the time it is likely better to establish entry and exit strategies rather than planning to hold such crap in the long term - and yeah, hopefully we are not treating our bitcoin holdings like that and hopefully we have assessed where we are at in our bitcoin journey in order to determine what strategy or combination of strategies is going to contribute towards our making progress towards reaching our goals, whether that be BTC accumulation, maintenance, liquidation or some combination of those that might emphasize one or the other at various points in time.


It sounds like you are subscribing to some relativistic way of thinking, which likely is not true.  The various kinds of strategies can exist, but it does not necessarily meant that the strategies have been thought through or even have much if any merit, even though they might be trying to reach some kind of  goal of getting rich quick, so they employ a certain kind of strategy with the belief that they have chosen the best strategy to meet their objectives, when the fact of the matter may well be that they have hardly any clue about how to achieve their objective or that the strategy that they have chosen is not going to work for their unrealistic goal that involves gambling, but they mistakenly believe that they are investing.


A long term investor might consider trading - or selling in order to try to buy back cheaper, as employing too much risk and also putting himself outside of the right kind of ongoing and persistent accumulation mindset, so sure there could be some traders who out perform the longer term investor, but an overwhelming majority of times, the traders do not outperform the long term investor who is just accumulating bitcoin over time... and the longer the time, the more likely that the trader is going to underperform the longer term BTC investor... and sure, these are not absolutes nor are they guaranteed to continue to occur, even though so far they have been true in bitcoin's history..and there seems to be no reason to conclude that bitcoin's long-term investment thesis is getting weaker rather than stronger.


There can be some traders who win on a vast majority of their trades, but in bitcoin, historically there have sometimes been such violent upward moves in the BTC price that never end up returning, so if a person is not long into bitcoin at the time, or if a person had shorted without a sufficiently strong stoploss, it may well end up that the person ends up losing out upon years worth of gains all because they failed/refused to have a long position in bitcoin at a time that ends up being crucial to the profitability of their BTC holdings.


Yep.  BTC accumulators should be trying to figure out the size of their UTXOs, so that they are able to have options in the future, especially if there are periods in which the transaction fees might unexpectantly go higher for a certain period of time, and there could even be instances in which they stay high for long periods of time.

If someone is ONLY accumulating $10 per week, then maybe they have to wait several months, even 6-12 months (or even longer) before they send their accumulated BTC holdings to private BTC addresses, and personally I am not trying to encourage holding BTC on exchanges, but it may well be more practical to make sure that a person does not have his BTC in UTXO sizes that become either unspendable or just way too expensive to spend, and even someone with $200 worth of BTC in a UTXO might not want to spend 1/4 or $50 on transaction fees to send it, but if the person has $5k in a UTXO, then spending $50 to send it might be considered reasonable (or acceptable).

I know that some folks had already explained and/or theorized that poor people are disproportionately affected by periods in which the BTC transaction fees are really high and also that BTC transactions seem to be unwarranted for smaller sized transactions, and these also could be purposeful attacks on bitcoin in order to dissuade poor people from getting involved in bitcoin, and that truly could end up working to the disadvantage of poor people who do not figure out ways to accumulate bitcoin without incurring high transaction fees, and so what kinds of transaction options that are available is going to vary from location to location, and not everyone is going to have access to lower fee kinds of options in order to accumulate BTC, which likely does not stop BTC's price from going up, but it does end up scaring (or dissuading) some poorer people from getting involved in bitcoin, even though it would be to their advantage to consistently and persistently accumulate BTC during these times rather than waiting.


The idea of the importance of SA is stupid, especially when it comes to long term investment, and sure we are talking about buying on dips too.. so sure, sometimes we might want to consider what is a sufficient dip to buy and how much BTC to buy at each dipping point, which is difficult to determine, and still I doubt that SA is going to be very helpful, even though sure people do use that kind of nonsense, which sometimes means going with the sentiment and other times going against it.. but still seems like a BIG waste of time to playing with those kinds of nonsensical measures to guide what to do or what not to do... which then leads you to the conclusion of DCA'ing, which does seem to be the right outcome, but still SA that is a dumb thing to try to use or even to think about as a meaningful guide for action... but it does sound like one of tools of traders and shitcoiners.


Your numbers are wrong and with that dcabtc.com website you need to manually calculate your level of profits, so let me show you with the 3 year period.

So yes, you are correct that $100 per week would result in right around $15,700 invested over three years, and that would also result in about 0.5518 BTC (which today has a market value of about $24,280 (which is an average cost per BTC of about $28,452 ($15,700/0.5518) and a profit amount of about 55% ($24,280/$15,700)).  Your table shows losses of nearly 9%.. which surely is not correct, and perhaps some error of the site because the amount accumulated would end up being 0.5518 over 3 years which is truly profitable by 55% and not a 9% loss. You can recalculate for each of the time periods and come up with differing results, but the trend is generally that every period is currently up, and the longer that you have been in then probably the greater your actual profits, even though the percentages might vary along the way, and I don't necessarily feel like going through each of those calculations myself to show the correct results, but I do use that DCAbtc.com website on a regular basis, and I have found that I have to perform some of the calculations manually in order to get the correct results.  There are some other DCA calculating websites out there too.. such as https://dcacryptocalculator.com/bitcoin  and https://costavg.com/


It is always better to buy BTC at lower prices rather than higher prices, but part of the problem is the inability to know that the BTC price is going to get any lower than it is now or at any other time in the future.  Sure, you can have theories and speculation that the BTC price is going to dip at some point in the future, but if you are wrong and the price never dips, then you are preparing for BTC prices to go down and at the same time, you may well be insufficiently and inadequately prepared for the BTC prices to go up.  So frequently it is not going to be worth the potential cost of waiting unless you have already accumulated a sufficient and adequate amount of BTC to be prepared for UP.

ONLY you can determine if you have enough BTC to be prepared for UP or not, and you may end up being wrong about that, which may be why some people did not accumulate in the last year and a half while BTC prices were way lower than they are currently, and then now they are feeling regrets because they could have had accumulated more bitcoin at much lower prices. 

At the same time, we cannot go back in time, and we can only figure out and follow through with our BTC accumulation strategy based on current conditions and our knowledge about such current conditions, and part of our knowledge should include the fact that we do not know with any level of certainty if the BTC price is going to go up or down from here, especially in the shorter-term, but we may have some ideas that in the longer term, BTC prices are likely going to be higher than they are today... There are no guarantees that the BTC prices of the future will be higher than they are today, but  if we are going to prepare for the future, it would be good that we are prepared for the possibility that BTC prices are higher in the future than they are today and we act upon that possibility.  If we choose NOT to act upon such possibility, then that is our choice, and maybe we will regret it, and maybe we won't.
 

I recall having a conversation with a relative around the middle of 2022 when the BTC prices were right around $20k, and I told him that BTC prices were seeming to be pretty low, and that this might be a good time to get into bitcoin.  He asked me what if this might end up being the top, then that could be possible right?   I told him that he is correct that it could end up being the top, and no one really knows, and sure, he ended up being correct for about 6 months between the middle of 2022 and the beginning of 2023, the BTC prices were largely suppressed and they really went below $20k and all the way down to $15,479, but then we also know that they largely went up from the beginning of 2023, even though we also did experience another correction below $20k in early March, and so he was right for a period of time, even though it also ended up that with a bit of patience and a bit of knowledge and confidence in regards to what bitcoin is, there could have had been some great investing opportunities to be building a BTC position during that time, while at the same time we cannot go back in time, and we have to consider what we are going to do, in regards to our bitcoin holdings, from today rather than looking at what we might have done or what we could have done, and sure if we did continue to accumulate BTC during 2022, then we would likely be feeling ourselves to be in a pretty good and even strong position as of right now... maybe depending upon how aggressive that we were in our BTC accumulation as compared with how aggressive that we could have had been during that time period based on our own circumstances that should involve making sure that we are prepared for UP, just in case UP ends up happening.
 

It can be quite difficult to front-load our bitcoin investment, and that is part of the reason that long-term and persistently ongoing BTC accumulation may well end up having great payoffs in the future, and sometimes it may well not matter too much if the average cost per BTC ends up being higher than what it may well might have had been, and so for example, we can see that those people who were sitting on the fence in August, September and October of this year, may well be feeling like they should have had acted rather than NOT doing anything because we have had a pretty strong appreciation in BTC prices since $26k/$27k in mid-October until now being in the $44k price arena.. and so it is difficult to know if we are going to be getting any significant and/or meaningful price appreciation in the coming near term future.. Sure it could happen that we do get a 20% to 35% correction that might bring us back into the lower to upper $30ks, but at the same time, there surely is no guarantee of any such correction of that magnitude now. .even though during BTC bull runs, historically we have frequently experienced 30% to 50% price corrections, even during the midst of a bull run... but they are not guaranteed to happen, and even if we end up getting up to $55k or higher before having a significant BTC price correction, it might end up being that our correction from $55k might not reach 30% to 50% levels, even if it does end up happeing to be 20%, which would bring prices back down to our current $44k prices.

Bitcoin is now at a high price to catch up and knowing that Bitcoin is at a high price anyone who invests in Bitcoin now is not a fool but may be investing in DCA strategy. I don't believe in the idea that you always have to buy bitcoin at low prices. Yes, I don't agree that buying bitcoins at a low price is more profitable if the price goes up later, but many investors can't wait for the price of bitcoins to go down. Investing is difficult for people who only plan to invest and wait for the price of Bitcoin to fall.  

Our plan is to buy bitcoins at a relatively high price there for a long period of time so it won't affect our investment too badly. In case of long term investment we don't need to see much profit and loss because if we see excess market then it is difficult for us to hold the investment.  

There are many investors who planned to invest in Bitcoin price from $20K to $25K but at that time they thought that this may be the peak of the Bitcoin market and from this position they waited for the market to go down but the market did not go down due to which they not invested. Again this year when bitcoin reached 30000 dollars it was the highest price of bitcoin touched this year but at that time those who invested managed to come up to $45K with their investment but those who did not invest are still waiting for the market to go down.  

Since the plan is for a long time, investing without thinking so much, we should only keep the investment for a long time.

Techniques like technical, fundamental and sentiment analysis aid anyone who is investing but they do require time and expertise which everyone dont have. If I talk about myself I dont have expertise to in TA, FA and SA, thats why I follow DCA.

I was doing a small research that how much effective DCA will be on https://dcabtc.com/ and comes up with following data. If you doing DCA 100 dollar per week then here are results:



What I conclude from above table is that even DCA may not be effective over a small period of time but over a longer duration like 4 years or more.

Investing in bitcoin using DCA is indeed a good thing for all levels of bitcoin investors. Because by using the DCA method, those who have large, medium and small funds can model it well. Whether it's once a week, or once every two weeks, or once a month. So whatever income Bitcoin investors have every month, it can be accumulated well. Apart from that, investing money in bitcoin using the DCA technique is also profitable with minimal risk of loss. So you don't need to worry, when you experience a decline in the bitcoin market price. Because if, for example, the money you invested in Bitcoin in the first month decreases due to the drop in Bitcoin prices, don't worry, because in the second month you will most likely be able to cover the entire amount. reducing the amount with the money you invested in the second month. Therefore, the DCA technique is both highly compatible and complex when used to invest in bitcoin.

Everyone definitely has different abilities regarding the amount of money they want to invest. So if you are a typical bitcoin investor who prefers to invest small amounts, then there is nothing wrong with that. Because the most important thing is that you are consistent with the DCA that is being carried out. And regarding whether the bitcoin investment you are making is long term or not, it depends on how long you hold the bitcoin. If for example there is more than one bitcoin cycle (4-5 years), then the investment can be said to be a long-term investment.

Investment assets definitely experience changes in market prices and this also applies to bitcoin. Therefore there will always be a decrease or increase. So your point about holding bitcoin longer is a very good thing if implemented. And to anticipate price declines and increases, DCA is here to be the solution.

And a little advice from me, when you do DCA, you should send your bitcoins to your wallet at least every two accumulation periods. Because currently bitcoin transaction costs are quite high. So to minimize this, it's a good idea to collect bitcoins on the exchange first, and if you have collected a large amount of bitcoins, then send them to your wallet. Moreover, you like to do DCA on bitcoin with small amounts.

It is true that some investors can choose to cut their losses and can sell at a loss in order to reallocate their capital or find a better entry point. This approach can be influenced by individual risk tolerance and market conditions.
On other hand your personal approach to Bitcoin where you aim to not sell any BTC at prices lower than what you buy them for is also a valid strategy. By holding on your purchase until they become profitable you are effectively safeguarding your investment and aiming for a positive return.
Additionally... averaging your BTC purchase price can be a way to rationalize selling at a profit based on a different accounting method. This approach takes into consideration the overall average cost of your BTC holdings and can provide a clearer picture of your profitability.
Everyone has its own strategy like you have. Some have bought in bear market and not DCAing they are holding tight. Some are those who are DCAing and dont think what  the price is. Some are those who bought on high price and still waiting for that value and not DCAing. Means everyone has its own mind.

It is also true that long term investors may have conflicting ideas with short term traders. Each approach has its own merits and considerations. Long term investors often focus on consistent accumulation and holding of BTC over extended periods while traders may employ leverage and other financial instruments to hedge their positions and can seek short term gains.
Traders can get temporary happiness if their trade is in profit and also they can get sadness to if they will be in loss. But an investor dont care about it and he hold tight and don't involve his emotions in his investment.
While these financial instruments and trading strategies (which a trader is using) may not be easily accessible to all investors(or they have access but they don't use) it is worth noting that the historical performance of long term BTC accumulation and holding has often out performed more complex trading strategies over long timeframes. While traders may boast about their occasional wins the consistent accumulation and holding strategy has proven to be effective.
And sometimes traders close the trade in loss because they think that they will get profit from other trades. And mostly traders lose many things here. When they lose 2 to 4 time they just become emotional and in emotions a man can make bad decisions which can led them to loss.

DCA method is a sound investment method not only for those who do not have enough time to study about Bitcoin but also for all investors. You are an investor and you certainly never want to be limited to the investments you made in the beginning. That is, if I say the matter clearly, then the matter is that once you invest in Bitcoin, you don't stop investing, but you invest in the future when the time gives you an opportunity. And this is called DCA method of investing.

I don't know how you think about investing but investing is a bit different for me.  It is difficult for me to manage a large amount of money at once so I started my investment with a relatively small amount. After starting investing with less money I have been making my investments regularly so I am not stressed. We have to invest in such a way that we don't have to sell the investment later. I have enough money to invest and I invested with all my money, after some time it appeared that I needed a lot of money and I immediately sold my investment. Isn't it really long term investment?

Even if we invest a relatively small amount of money, we must maintain that investment for a long period of time. Bitcoin price is changing every moment whether it is positive change or negative change. If I continue to invest continuously in the midst of change, but considering the profit and loss, at the end of a period my capital amount will be much more and if I keep that large amount of capital for a long time, I will definitely get a lot of good from my investment.