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Topic: Does the DCA strategy inspire newbies to invest? - page 4. (Read 1568 times)

hero member
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On the other hand, I think the DCA method will be more favourable to the smaller investors when the market is bullish because if a small investor decides to DCA when the market is red, there are obvious possibilities that, it might get liquidated depending on how much has been imputed already.
I get your point but that's not really how it's. You may get your invested capital depleted after buying, either with the DCA method or outright buy at once. Market dump or "reddishness" per se isn't something that should scare anyone because you will still not have lost your capital. In crypto Spot trading (that's what we do when we buy to hodl), you don't suffer any loss until you sell off. Even when your investment dips, you still aren't in loss until you sell.

My advice to newbies at a time like this that the bull run is becoming interesting with all the favourable fundamentals flying up and down is never to sell off in panic. Whatever goes down is expected to come up during bull season, except they're worthless tokens/coins. Now is a time to hodl.
I almost thought this was my thread but glory I had to reread again.
I created a thread with regards to helping newbies get a clearer understanding of how the DCA works and at some point, there might other established community members who also needs this clarification and I think I read several opinions of people about DCA and later came to a conclusion that, the DCA method is a no respecter of market price as the main purpose of the technique is to get people into the market regardless of how much at hand and what the price of the market might be provided that, the investor is consistent with their holdings.
legendary
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On the other hand, I think the DCA method will be more favourable to the smaller investors when the market is bullish because if a small investor decides to DCA when the market is red, there are obvious possibilities that, it might get liquidated depending on how much has been imputed already.
I get your point but that's not really how it's. You may get your invested capital depleted after buying, either with the DCA method or outright buy at once. Market dump or "reddishness" per se isn't something that should scare anyone because you will still not have lost your capital. In crypto Spot trading (that's what we do when we buy to hodl), you don't suffer any loss until you sell off. Even when your investment dips, you still aren't in loss until you sell.

My advice to newbies at a time like this that the bull run is becoming interesting with all the favourable fundamentals flying up and down is never to sell off in panic. Whatever goes down is expected to come up during bull season, except they're worthless tokens/coins. Now is a time to hodl.
sr. member
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In my experience, it doesn't inspire them to invest. What inspires them are stories of how profitable you are.
Their ears are all on you when they've heard how you made it. How much you have made and how long were you able to make it.
Only success stories they want to hear but some of them knows the struggle and hardship of accumulation.
People can be exposed to Bitcoin and cryptocurrency market firstly by Bitcoin news, Bitcoin bull run, Bitcoin new all time high, but after a while of consideration with or without due diligent research, most of them will not pick Bitcoin for their portfolio (either it is investment portfolio or trading portfolio), and they choose altcoins.

Reasons for their choices and favorite to pick altcoins, are altcoins' cheaper prices (at least they see altcoin prices are cheaper, but they don't understand that altcoins mostly are overpriced, and their values are valueless), and their main intention of participation in this market is profit. Hence, they decide to go with altcoins, that can provide them better ROI, at least they see more potential from altcoins and mostly don't see high risks.
hero member
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In my experience, it doesn't inspire them to invest. What inspires them are stories of how profitable you are.
Their ears are all on you when they've heard how you made it. How much you have made and how long were you able to make it.
Only success stories they want to hear but some of them knows the struggle and hardship of accumulation.
hero member
Activity: 798
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As soon as you come to the realization that bitcoin is the apex asset class, you will want to do nothing but smash buy whenever you get money. DCA is for those who do not yet understand the paradigm shift that is bitcoin.
DCA is for everyone; you can consider it, on the other hand, to be a disciplinary tool used to acquire as much bitcoin as you can, maintaining an average buying amount not because you don't understand bitcoin price flow very well but because that's what you can spare from your earnings at every given month or week to accumulate bitcoin until you reach your desired target, which some might keep on adjusting. Price doesn't become a barrier to buying using the DCA method.
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Yes, Bitcoiners who have not yet reached their point of conviction should just stick to DCA while they continue to learn.

As soon as you come to the realization that bitcoin is the apex asset class, you will want to do nothing but smash buy whenever you get money. DCA is for those who do not yet understand the paradigm shift that is bitcoin.
full member
Activity: 532
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I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future
The DCA strategy is not only good for the newbies but for all, both old and new investors. It is sen the more convenient and easy way of investment. Although there are other strategy apart from the DCA which are lump sump and buying the dip but preferably people chose DCA because you can be investing little by little every week or month till you have met your target of accumulation.
The DCA method is not just best for only newbies but also good for investors who have been into bitcoin for sometimes. The reason why DCA method is good for all is because it can help one to be serious and consistent in investing, with the DCA one don't have to stress itself trying to gather sum of money, but with DCA method atleast one can comfortably afford a certain amount to invest bitcoin. The reason I think DCA method is very good for newbies, it helps them to understand how to invest just with amount they can afford to lose. DCA method of investing helps newbies in reducing the risk of money investment.
Yes, DCA strategy is a strategy that is equally effective for new investors and experienced ones. We all know about the benefits and advantages of DCA, DCA is an effective strategy for Bitcoin investment.
However, those who are new, are confused about how to start investing at first, and this happens to every new investor. So they should invest only through DCA. For new investors, DCA is a safe investment strategy, through which new investors can start investing with small amounts of money regularly, and they can gain experience while investing. DCA is a consistent investment method, which allows a new investor to invest without all kinds of market risks.
sr. member
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DCA is a good strategy but it is good when the price of bitcoin is low already. Example is when bitcoin fall below $16000 in 2022 that El Salvador was buying one bitcoin daily. If you want the strategy to be good for you, you can just wait until the price fall during bear market and start DCA.
DCA method is the best strategy to accumulate Bitcoin on the long term, it is more beneficial for income earners who can not easily raise money to buy 1 BTC at once, because of the high price. They can periodically be accumulating in sats and grow their investment capital over many years. Although a newbie can start at anytime but it's best to start during dip, when Bitcoin price is relatively low and begin to grow their investment. DCA method is for anybody that chooses the strategy, a newbie that has a huge amount of money to buy at once might not necessarily need DCA to grow their bags, it's basically for investors that wants to accumulate gradually and grow their investment fund.
hero member
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I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future
The DCA strategy is not only good for the newbies but for all, both old and new investors. It is sen the more convenient and easy way of investment. Although there are other strategy apart from the DCA which are lump sump and buying the dip but preferably people chose DCA because you can be investing little by little every week or month till you have met your target of accumulation.
The DCA method is not just best for only newbies but also good for investors who have been into bitcoin for sometimes. The reason why DCA method is good for all is because it can help one to be serious and consistent in investing, with the DCA one don't have to stress itself trying to gather sum of money, but with DCA method atleast one can comfortably afford a certain amount to invest bitcoin. The reason I think DCA method is very good for newbies, it helps them to understand how to invest just with amount they can afford to lose. DCA method of investing helps newbies in reducing the risk of money investment.
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DCA method is always good when the price of bitcoin is on the bear market. And when you are investing, it is good for you to invest long term. DCA method can be daily as some of the commenters have said and also it is good for weekly and monthly all depends on the salary allowance or the business income you are receiving. And always budget out the amount for the investment. If you are using exchange to purchase them you can set the DCA and it is the day, the system will automatically deduct the amount.

But if you are not receiving extra income, don't invest in Bitcoin because it is tempting to touch the amount you have invested in bitcoin. But if you are doing something to received income then your invest is secure.
I have also researched about DCA method, it is the best investment method to invest consistently, for those who are employed, any part of their monthly salary they invest bitcoins through DCA method. As a result, they can make better profits, as through DCA, they can ignore market fluctuations and invest, thereby increasing their portfolio to a greater extent. So I will also advise everyone to invest through DCA. I believe this is the best way to invest.
hero member
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DCA method is always good when the price of bitcoin is on the bear market. And when you are investing, it is good for you to invest long term. DCA method can be daily as some of the commenters have said and also it is good for weekly and monthly all depends on the salary allowance or the business income you are receiving. And always budget out the amount for the investment. If you are using exchange to purchase them you can set the DCA and it is the day, the system will automatically deduct the amount.

But if you are not receiving extra income, don't invest in Bitcoin because it is tempting to touch the amount you have invested in bitcoin. But if you are doing something to received income then your invest is secure.
hero member
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I would say yes, most particularly for those who have doubts and fears when it comes to taking risk in a volatile market investment. With DCA, it lessen timing risk since not everyone is aware on when is the best timing to make an entry in the market. And the risk of losing or quitting as well will also be minimized, but instead will develop more consistency to DCA more in order to gain huge profits in the future.

However, before doing DCA, it’s still best to research and know the investment well. DCA may be a big help for your investment, but it will never guarantee its investment’s success. The key factor still relies to the investor itself.
legendary
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DCA Strategy is the best Bitcoin investment strategy of all time, for those who are new to Bitcoin investment, DCA strategy will undoubtedly be a right investment decision.
DCA strategy is good for investment in any good asset because with good asset, it grows in adoption and rises in value and price. So by DCA, you increase your capital investment in that good asset with time, and despite of market ups and downs, bull and bear markets, you will gain net profit with time.

Oppositely, if you invest in a bad asset, DCA is not good, and DCA more means you stuck more with that bad asset and at the end, you have loss or big loss. However, it's fortunately that it is not responsible of DCA strategy, it's yours by picking a bad and low quality, zero value asset for your investment.

They are just over expecting to much on that strategy and I guess that actually doesn't inspire newbies since for sure they would never know that strategy exist at early part of their participation on bitcoin investment.
They have to do due diligent research before starting or continue their researching for improve their knowledge. By searching I believe that they will be given DCA as one of best methods for their investment but whether they believe in the advice, it's another story.

DCA is traditionally buying regulary and don't care about price, but experienced people who have enough capital for accumulation, can apply Smart DCA strategy which is not for newbies.
legendary
Activity: 2758
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I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

Nobody can guarantee or tell you about how the future might be but DCA method has been the most prominent strategy to accumulate bitcoin for long term HODLing.

It's not for beginners alone, it's a strategy for people who do not have enough money to buy a reasonable portion of Bitcoin at once. It allows one to invest with as little as you have on your prefer timely basis to grow your portfolio until you look satisfied.

There's no specific time to start DCAing. The only disadvantage is that you have a little portion the more the price grows. Nevertheless, your portfolio increases and your profits increase overtime as well but it's more profitable when take advantage of bear market.

They are just over expecting to much on that strategy and I guess that actually doesn't inspire newbies since for sure they would never know that strategy exist at early part of their participation on bitcoin investment. Provably they can learn about it if they experience many things since for sure after for many situation you encounter those newbies will find a good method that sustainable for them especially if they want to engage with long term investment.

DCA is really a good strategy no question with this one and for sure lots of people will pick it up since so far many proves that this one never fails them. What actually matter the most here is the understanding of people on how to execute it properly also they have long patience and have good source of funds then everything will be alright with those investor who commit with this method.
full member
Activity: 532
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I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future
The DCA strategy is the best method to use when it come to make an Long time investment, especially beginners that just introduce themselves into the Bitcoins investment and they don’t know where to start from it will save and very easy for them if they use the DCA strategy it will even one their lose. Because there’s also risks involved in the Bitcoin investment.

I have see have see severals of people’s who use the DCA strategy method in Bitcoin investment; and their futures outcomes come unsurprising, because they received huge profits that even then too they was not expecting that their outcome can definitely come in that way.
DCA Strategy is the best Bitcoin investment strategy of all time, for those who are new to Bitcoin investment, DCA strategy will undoubtedly be a right investment decision.
Everyone should have a long-term holding perspective, because long-term holding is the only key to Bitcoin success.
If we compare Bitcoin's price 2 years ago with its current price, then we will see its success. And if we think about the price 10 years ago, we will see its real success.
So everyone should make long-term decisions, long-term success can bring an investor more profit than his expectations.
legendary
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The DCA strategy is the best method to use when it come to make an Long time investment, especially beginners that just introduce themselves into the Bitcoins investment and they don’t know where to start from it will save and very easy for them if they use the DCA strategy it will even one their lose. Because there’s also risks involved in the Bitcoin investment.

I have see have see severals of people’s who use the DCA strategy method in Bitcoin investment; and their futures outcomes come unsurprising, because they received huge profits that even then too they was not expecting that their outcome can definitely come in that way.
If you want to build a long-term portfolio, then DCA is the right strategy for you to consider instead of buying all at once. Coin prices always fluctuate and this will give them the opportunity to buy at a different price, even lower than the first purchase price. The lower you buy, the more coins you will get. But DCA is not always necessary, sometimes you have to buy all at once when the market conditions are majorly corrected.

Even though DCA is good as an investment strategy, you can still combine it with other strategies. It all depends on market conditions, but also needs to be adjusted to the budget you have. If you only have $50, then buying a lump sum is fine instead of DCA.
full member
Activity: 504
Merit: 170
I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future
The DCA strategy is the best method to use when it come to make an Long time investment, especially beginners that just introduce themselves into the Bitcoins investment and they don’t know where to start from it will save and very easy for them if they use the DCA strategy it will even one their lose. Because there’s also risks involved in the Bitcoin investment.

I have see have see severals of people’s who use the DCA strategy method in Bitcoin investment; and their futures outcomes come unsurprising, because they received huge profits that even then too they was not expecting that their outcome can definitely come in that way.
sr. member
Activity: 854
Merit: 380
I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

Nobody can guarantee or tell you about how the future might be but DCA method has been the most prominent strategy to accumulate bitcoin for long term HODLing.

It's not for beginners alone, it's a strategy for people who do not have enough money to buy a reasonable portion of Bitcoin at once. It allows one to invest with as little as you have on your prefer timely basis to grow your portfolio until you look satisfied.

There's no specific time to start DCAing. The only disadvantage is that you have a little portion the more the price grows. Nevertheless, your portfolio increases and your profits increase overtime as well but it's more profitable when take advantage of bear market.
sr. member
Activity: 504
Merit: 389
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I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future
The DCA strategy is not only good for the newbies but for all, both old and new investors. It is sen the more convenient and easy way of investment. Although there are other strategy apart from the DCA which are lump sump and buying the dip but preferably people chose DCA because you can be investing little by little every week or month till you have met your target of accumulation.
hero member
Activity: 2268
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DCA method is the most popular among the strategies for investing in crypto but it isn't perfect in a bull season. The most perfect outcome you will get if you do DCA in Bear market and hold it tightly. Then you may see a good result in a bull season.
I will not suggest a new user to do DCA in a bull market because they will survive if the market goes down and start a bear season.
So try to invest in kept to currency in bear market and do DCA. Otherwise you can be a short term trader in a bull market. And always do your own analysis before investing in any cryptocurrency.
DCA method can be done regardless of the situation either in bullrun or bear market. I think you mean it's better to use DCA method during bear market to maximize the total amount of crypto that will be accumulated from time to time. If you are looking for a chance to earn profit then you should do short term investment. The aim of DCA is to accumulate crypto from time to time which means you don't have to have a lot of capital to buy huge an of crypto and that's when you should use DCA strat.
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