To everyone who replied and responded to the thread
Thank you
I think From all I’ve read so far, it’s safe to say that, the DCA is a no respecter of market price and the main purpose of the DCA strategy is to be able to buy coin at any given price with the consciousness of price and any other factor.
At this point, I will have to lock the thread to avoid spams as I think the responses I’ve gotten is already enough knowledge for anyone who needs enlightenment on similar issue.
Topic: Should small investors consider market price before DCA (Read 335 times)
~ What session of the market do you think it’s best to buy when DCA
~ Do you just buy at every market price while DCA?
There is no method of investing in bitcoin that is totally risks free. One reason for using the DCA method is the convenience of investing. One thing to note is, DCA is not a short term investment plan. If a small investor can consistently invest specific amounts at intervals, it is highly unlikely for him lose everything or not to arrive at a profit if he was consistent for long term. If he continues to pay attention to bitcoin price at every given point, the essence of DCA will be defeated as he may not be consistent with investing, but wait always for the right time to invest. If the investor cares so much about the market at a particular period, then he should save up enough capital and buy the dip. What investors should have is a clear investment plan and goal. ~ Do you just buy at every market price while DCA?
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From a small investor point of view, I always consider market condition before doing my monthly DCA, I mean I will still buy no matter what, but the amount that I buy is different. Even though generally DCA is about buying Bitcoin routinely, I the amount Bitcoin we buy at the correct entry point will definitely make us more profit, moreover as small investor we have very limited money to spent on Bitcoin, so I need to spend it effectively.
For some cases especially for beginners it will be quite confusing because if the benchmark price goes up buying will not be profitable then they have to wait at what drop to enter the market. Patience in determining the accumulation price may be the key but I doubt that for the next few weeks bitcoin will experience a sharp decline. It is better to use the DCA pattern and we can do comparable accumulation for each specified period so that the investment can continue to grow.If you do have patience then waiting for a decline is not a problem but we must have an idea of what price to buy. Every decision may have to be considered carefully so that we can continue to be in a profitable moment, both in terms of accumulation and selling some of the bitcoins we own to make a profit.
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Right now I just buy whenever I get paid. Usually by around 3rd week of the month. DCA in at that point, buy-ins at some price points I think is worth it as well (like the 90k a few days back). If you were just starting out though personally, I'd consider the market price. Can't stomach that much loss (even though I know I'm investing in the long run) after all. Specifically why I started investing at the 18k ish point back then, cause I knew it was a pretty good entry point and can continue DCA at a pretty low price. If you can stomach say a 4 year stagnation then I reckon it doesn't matter much but again, it's me personally having such a mindset that I think it should be considered. 
From a small investor point of view, I always consider market condition before doing my monthly DCA, I mean I will still buy no matter what, but the amount that I buy is different. Even though generally DCA is about buying Bitcoin routinely, I the amount Bitcoin we buy at the correct entry point will definitely make us more profit, moreover as small investor we have very limited money to spent on Bitcoin, so I need to spend it effectively.
Buying Bitcoin now is not going to give a good profits because price is already saturated and it will not make sense to buy when price is at the top. Patience is a virtue! Instead of buying Bitcoin now, one can relax and wait for price to fall before attempting to buy some holdings. Bitcoin price is huge now and we can wait if the price can fall to $91k before entering the market again. Many altcoins have fallen so small investors can still wait for the market during consolidation to buy some Bitcoin and prepare for price to continue the bull run. 
From a small investor point of view, I always consider market condition before doing my monthly DCA, I mean I will still buy no matter what, but the amount that I buy is different. Even though generally DCA is about buying Bitcoin routinely, I the amount Bitcoin we buy at the correct entry point will definitely make us more profit, moreover as small investor we have very limited money to spent on Bitcoin, so I need to spend it effectively.
~ What session of the market do you think it’s best to buy when DCA
~ Do you just buy at every market price while DCA?
I would say it depends on the starting point and trying to reach the end goal. Yes, if you are starting too small, then there is no need to do DCA at the first capital you get. The point of DCA isn't to have a huge capital, and then buy small by small, the idea is to keep buying for long term. Meaning that if you have small now, but get a bit more next month, still small, add that too, and another month and another month, keep saving into bitcoin and that would be great.~ Do you just buy at every market price while DCA?
A lot of people failing to do that and unfortunately they are not aware that this would make them richer, it's the greatest method and yet a lot of people still fail to do that. I believe the best return we could get right now on this would be just keep investing into it, no matter how small or big, we need to consider how to do this properly, if we can do this then we are going to end up making a good chunk of money from this as well and can't really be considering that as a bad thing.
When I invest in Bitcoin I try to be consistent. I buy Bitcoin whenever I can afford it without worrying about price going up or down. This way I am working towards my long term goals and I am hopeful about Bitcoin future. I know some people prefer to buy Bitcoin when price is low but I focus on investing steadily no matter what price is. By doing this I feel in control of my investments and I avoid getting too stressed about market. My main goal is to build wealth over time and I think investing in Bitcoin consistently will help me achieve that.
If someone claim to DCA-ing Bitcoin but they still consider market price before buy Bitcoin, it means they're not DCA-ing Bitcoin.
DCA means you don't care anymore with the price, instead you're only pay attention with the time you bought, if it's bi-weekly, make sure you buy it every bi-weekly, not late or earlier than bi-weekly.
Paying attention to buy Bitcoin means you're trying to buy the dip.
Supporting this one , because DCA is not about the price in present because if does then this is Buying Low -Selling high strategy and does not stand about DCA . DCA means you don't care anymore with the price, instead you're only pay attention with the time you bought, if it's bi-weekly, make sure you buy it every bi-weekly, not late or earlier than bi-weekly.
Paying attention to buy Bitcoin means you're trying to buy the dip.
~ What session of the market do you think it’s best to buy when DCA
I am thinking that if you always have to consider the current market price before you DCA, there will be times when you will be discouraged due to the market price not to DCA into bitcoin as you usually do. Maybe an investor should sometimes just concentrate on investing than looking always to see the value of bitcoins. Any opportunity that we miss to invest in bitcoin is one that we will regret, an opportunity to invest when the price is down, also an opportunity to invest when you have a lot of money to ignore whatever price the value of bitcoin is at that moment. 
~ What session of the market do you think it’s best to buy when DCA
~ Do you just buy at every market price while DCA?
It is also good for investors to ignore the volatilities that may be predominantly present as at the time when a DCA strategy is ongoing and should make necessary adjustments to their budget inorder to meet up the quota they have set aside for investment.
The reason why I prefer DCA over any other strategy is because we are dealing with an asset that is not predictable. Nobody can accurately predict the cheapest or the highest price of Bitcoin at a given time. That is why you just keep buying regardless of the price and time. Sometimes we want to keep saving our money and want to buy during the bear season when the price is low using a lump sum. The risk involved with using this pattern is that you might be tempted to use this saving for something else. DCA is a more convenient means of accumulating Bitcoin because you buy based on your income without any form of pressure.
~ Do you just buy at every market price while DCA?
Yeah, I buy at any market price every week. And it has been one of the best decisions I have ever made in life.
~ What session of the market do you think it’s best to buy when DCA
The best season to buy Bitcoin using DCA is every time based on your income or plan. It could be weekly or Monthly. But if you can predict when Bitcoin will hit its lowest price and you have the money, a lump sum buying could be a good strategy. ~ Do you just buy at every market price while DCA?
Yeah, I buy at any market price every week. And it has been one of the best decisions I have ever made in life.
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~ What session of the market do you think it’s best to buy when DCA
~ Do you just buy at every market price while DCA?
This is very representative and I opened a discussion with friends about buying using the DCA pattern and generally they said it could be done at any price as long as the investment concept they are running is long-term. But I tried a different DCA pattern, it was still running but more to see the conditions of the decline or in other words after the bearish market. This is possible to do because the condition of bitcoin is quite speculative and a decline can occur without being predicted.~ Do you just buy at every market price while DCA?
But if you want to unify perceptions, there may be many people who have different views and it is adjusted to their own ability to recognize opportunities. I also do DCA for accumulation but consider market conditions because I want to accumulate at the right time.
Obviously the DCA strategy helps investors that doesn't have much money to buy in bulk to accumulate Bitcoin just with as little as they can be comfortable with since he or she will only be buying a fraction of Bitcoin and not a whole, the DCA is pretty much effective when being consistence with your accumulation, it makes you to be in the market on time without any form of timing the market, you buy at every price points on different intervals according to the available investment money. You don't make investment decisions based on market price, it can be automated by setting a buy order which can be executed regardless of the price points.
~ What session of the market do you think it’s best to buy when DCA
It is obvious that to make the best of our DCA it is best to time the buying when the market is down. The reason is simply when we timed our DCA in that way, we can get more profit when the market become bullish.
~ Do you just buy at every market price while DCA?
It is not necessary to buy at every market price since the purpose why people DCA is to buy a fixed amount at regular interval. If we plan to buy $100 every week then do so regardless of the market price but obviously we can modify your DCA strategy by adding triggers where we may add or lessen the amount we invest depending on the market price, like adding a certain percentage to the amount to buy when the price is lower and vice versa.
It depends on what price before DCA but many people will prefer during bear market to DCA which I also agree with it. As of now, exchanges having less circulation and also supply since many people are buying and also many people are not selling their holdings since the price goes up to 90k. As of now, it's even almost to 100k as I am writing this post. Since many people said that the price will reach which I think it will happen soon so they should have bought bitcoin when btc price decrease to 88k-89k before going back to 90k+.
Personally I would be careful when purchasing Bitcoin during its ATHs. It's always a high risk to be taken, because you never know if the tendency is going to be maintained for too long yet. There is a serious chance you do DCA during the peak, and the price crashes right after, so it will take you few years until you can recover your investment, once a new bullish season begins.
That is what happened to investors who bought during the peak of 2021. They had to be patient to wait until this year to finally cashout their profits. Of course in the end it totally worthed, but it was a long term movement.
It means you always have to manage and plan your finances accordingly. The mindset of a Bitcoin investor must be focused on long term goals, never on the short and middle ones, because this market is unpredictable when analyzing short periods of time.
I don't think it's a good moment to do DCA right now, neither to buy Bitcoin. The price is heavily inflated by a speculative event: Trump's election in USA. Too much euphoria going on...
That is what happened to investors who bought during the peak of 2021. They had to be patient to wait until this year to finally cashout their profits. Of course in the end it totally worthed, but it was a long term movement.
It means you always have to manage and plan your finances accordingly. The mindset of a Bitcoin investor must be focused on long term goals, never on the short and middle ones, because this market is unpredictable when analyzing short periods of time.
I don't think it's a good moment to do DCA right now, neither to buy Bitcoin. The price is heavily inflated by a speculative event: Trump's election in USA. Too much euphoria going on...
I’m just curious to know if the fact that market price of the commodity is considered when telling a total newbie to DCA?
~ What session of the market do you think it’s best to buy when DCA
~ Do you just buy at every market price while DCA?
~ What session of the market do you think it’s best to buy when DCA
~ Do you just buy at every market price while DCA?
DCA should be done at all time and not just when you think it is comfortable for your plans. The market price shouldn't be considered because the DCA isn't for you to make profits instantly but later in the future. DCA should be done with dates and not price of the market. Take a good look at some people or companies that post their DCA days publicly and you'll see that they buy both in the bull and bear market. Small investors or big investors, there's no difference as both investors are making the same profits but the difference is in the quantity of the money that they're receiving.
Both investors can make 10% profits on Bitcoin but the 10% profits on a $10k and $100k capital of investment are both different. DCA main purpose is to reduce the money you spent on buying Bitcoin and increasing the quantities that you will get because you spent less.
What many people don't realize is that DCA doesn't have to be blind buys. You can keep your money sitting until your buy in price is lower in the markets and then you can improve it.
So yes, you should consider the price before buying even when doing the DCA strategy. So yes, do consider it. It's an important aspect of investing long term that if you believe in an asset you should improve your entry price instead of just buying it blindly every now and then.
So yes, you should consider the price before buying even when doing the DCA strategy. So yes, do consider it. It's an important aspect of investing long term that if you believe in an asset you should improve your entry price instead of just buying it blindly every now and then.
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.
That's not true at O.P, because Dollar Cost Averaging method of investment is not like gambling or neither forex trading whereby you could end up having all your money liquidated when it's price value falls. Because many people might be having this ideology about "Dollar Cost Averaging" as been the process whereby an individual buys an asset when it's price is low and then sells it when the price is highly, likewise repeating the same process over and over again. But moreover, Dollar Cost Averaging is simply an investment strategy/method whereby you set aside a certain fixed amount of money and invest it into an asset at an interval of time frame. Hence, Dollar Cost Averaging method is a good investment strategy for both newbies and experience member. Jump to: