Topic: DCA? - page 2. (Read 234 times)
With highly volatile assets like Bitcoin DCAing is inevitable. For me on a long term investment goal it is highly strategic is helps in catching up with good entry prices in the downtrend. For as long as the downtrend exists i can't avoid to DCA until my fund gets exhausted and even yet if the down trend persist i don't mind taking profit while i strategize to join the trend in a better lows
Honestly? No. I would never consider stopping because it seems to be working and why would I want to disturb something that has been working well for me? I get that the price could be down right now but even with this I am in profit, much lesser profit but still doing it alright and that matters to me.
I have done many other methods, I have done indicators and charts and data, everything I could and nothing gave me the profit that DCA gives me in the long run. I do DCA not only on bitcoin but on other coins as well. All of that returned to me with a great profit margin. If there was a bad result then I may have considered not doing it, but since it's in profit then I am doing it.
I have done many other methods, I have done indicators and charts and data, everything I could and nothing gave me the profit that DCA gives me in the long run. I do DCA not only on bitcoin but on other coins as well. All of that returned to me with a great profit margin. If there was a bad result then I may have considered not doing it, but since it's in profit then I am doing it.
What motivates YOU to continue DCAing on a regular basis?
I've made some money from DCAing before, so the thought that I can make some more from that strategy motivates me to seek coins to try that strategy on. DCAing is a good strategy when you are not so sure about a coin and want to reduce the potential risk of loosing all your money if it goes sideways, however you may have some regrets if the value of a coin you are DCAing gets unexpectedly high and you are pained because of the huge profit you missed if you had invested bigger. Do you ever consider putting a stop to DCA?
I don't see any end to my DCAing, it is a strategy that works for me sometimes, I don't see any reason considering to stop it. 
The point of DCA is that you put in money consistently regardless if you're bullish or bearish or whatever the common market sentiment is. If you decided to stop DCA-ing, why are you DCA-ing in the first place if you're less bullish on the asset just because the price is lower? It means you weren't even that confident with the asset in the first place.
What motivates YOU to continue DCAing on a regular basis?
Do you ever consider putting a stop to DCA?
Do you ever consider putting a stop to DCA?
I think this chart is an answer to your question and there is nothing else to add:
-96% in 100 years.
Without investing you, all your saving value are continously going to zero. There is no reason for saving. Fortune saved today will be an equivalet of a car/bike for your grandson. You have to invest. But not only in bitcoin. DCA on Stocks/bonds/reits/commodities/bitcoin and real estate is a way.
What motivates YOU to continue DCAing on a regular basis?
That sky is the limit whenever the market goes on bull again. Well, I don't DCA on a regular basis but when I've just got some money to spend for buying those coins that I like. E.g. Bitcoin, Ethereum.
Do you ever consider putting a stop to DCA?
Not on my mind but I guess it's essential to stop when I don't have anything left anymore and will have to wait for those bought coins that I've accumulated during the bear. 
What motivates YOU to continue DCAing on a regular basis?
The motivation that keeps me to continue DCAing is the thought that I can lower the average price of the coin. The thought of getting more profit each time I buy at a lower price when I decided to sell my accumulated coins.
Do you ever consider putting a stop to DCA?
Until I got no more extra funds to buy, that is my limit.
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