To be a Bitcoin capitalist, is better to secure wealth than DCA strategy? (Pt2) - page 2.

Findingnemo

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Bitcoin = Financial freedom

Quote from: Cryptomultiplier on September 26, 2024, 11:28:04 AM

Argument: To be patient and become a Bitcoin capitalist, is a better option to secure wealth than being an immediate consistent Bitcoin investor with a DCA strategy in motion.

Your Opinion/argument is welcomed!

I am having trouble with understanding your statement, or you want to say be patient by doing DCA or be a capitalist.

On everyday I'll choose the capitalist way because when you have the power to end it just right now why bothering playing a long game? If I have money to own 50BTC I'll just buy right away and that's the best thing and I don't want to bore with the math but buying now 50BTC is better than buying 1BTC for 50 months or 0.1BTC for 500 months.

Frankolala

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You must start from somewhere in life for you to have more experience and learn new things along the way. You must be rich or wealthy to be a bitcoin capitalist and how will you get the money when you are poor. Owning a lot of bitcoin needs a lot of sacrifice and discipline to become successful in order to have such funds to lump sum hugely on bitcoin.

I love DCA method because it gives room for the poor and the average to be able to buy bitcoin and build their portfolio gradually to a certain level based on their own discretionary income overtime. If an investor can be consistent and persistent with his regular buying for a very long time, he will be able to have a good size of bitcoin in his poor state in future. Another thing why i like the DCA method of investing is because it makes you discipline and know how to manage your funds because you will be committed to keep your bitcoin buying ongoing till you reach your bitcoin target.

hyudien

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Quote from: avikz on September 26, 2024, 11:47:33 AM

Why are we even comparing between a capitalist and a normal investor? They are not even in the same league!

Capitalists are business people. They do not care about the technology or how think works. All the care about his, how to do marketing of something new and make money out of it. That's what a capitalist usually does. They usually are well funded and their risk appetite is also much higher than normal.

On the other hand, a common investor usually learns about anything new before getting their hands dirty. They take cautious and step by step approach for investing their hard earned money into something new.

Sorry to say, I am also on the DCA side not because I have no interest in being part of the capitalists. DCA is friendly to us retailers with full control and it is our goal to keep bitcoin from falling into the hands of businessmen who only prioritise profits without the intention of preserving the uniqueness of bitcoin. As a small part of the bitcoin community when you can't contribute much there is an easier option which is to simply become a holder in whatever amount you can afford in bitcoin. I mean the capitalists just blend in like they do in any asset market where the only goal is opportunity and opportunity.

that right? Grin

Outhue

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Sorry to say, most poor people I know are capitalists, they care so much about how much they will get paid every month end and they don't want to invest their money in stock or crypto, I have them in my family too, mind you I end up surpassing them in everything and so the hate begins, money keeps coming in and they confused themselves that its scam money.

Just look around you mate, all the rich men in the world today are all investors, they quit their jobs to build something big, they invest most of their money to get to where they are today, the comparison is night and day.

The mind of an investor is far greater to that of a capitalist because they learn new things every day, they might look stupid as beginner, they might lose money while swimming in that sea of risks but once they found something that works they will go far in life.

coolcoinz

legendary

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There's no best option if you ask me, usually you can't choose, unless you're like Saylor and can do what you want with $100m.

IMO the best method is to do something with your money, trade bitcoin, invest in companies that will make you more of it, lend it to get more in future.
That requires time and knowledge, can sometime eat you up on a bad day, change your mood and make your day or ruin it.
That's why I don't do any of it, even DCA. I just hold and care about my life and family. I'm totally relaxed and don't even check the price on a daily basis.

Find your own way!

Stepstowealth

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Quote from: avikz on September 26, 2024, 11:47:33 AM

Why are we even comparing between a capitalist and a normal investor? They are not even in the same league!

Many normal investors would want to become capitalist and invest heavily but because of their financial situation they are unable to do so so they have refuted to the strategy of investing little by little in Bitcoin to profit from it. Someone with large money actually has a better opportunity of becoming more wealthy because even in terms of investing in Bitcoin that person can actually just buy a very large amount of Bitcoin and profit from every positive change in the price of Bitcoin, it is different for a normal investor who is investing little by little and may not profit so much with a change in value of bitcoin. Since we cannot all be capitalists, investing little by little by DCA is now our option.

ImThour

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Bitcoin Bottom was at $15.4k

Why do you even want to be a Bitcoin Capitalist? I mean I understand you want to support Bitcoin and be part of the community, but adding Capitalist, it just makes it sound a lot weird to me lol. Back to the topic of investment in Bitcoin, just DCA it. That's the best thing you can do with Bitcoin. There is no strategy that will give you guaranteed profits or results, so it's always better to accumulate on a fixed interval of time to average out your buy.

Easteregg69

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Quote from: avikz on September 26, 2024, 11:47:33 AM

Why are we even comparing between a capitalist and a normal investor? They are not even in the same league!

Capitalists are business people. They do not care about the technology or how think works. All the care about his, how to do marketing of something new and make money out of it. That's what a capitalist usually does. They usually are well funded and their risk appetite is also much higher than normal.

On the other hand, a common investor usually learns about anything new before getting their hands dirty. They take cautious and step by step approach for investing their hard earned money into something new.

From the monetary point of view, obviously capitalists are smarter and they are rewarded higher because they take higher risk. Everyone can be an investor, but how many of us can become a capitalist?

You fail and you try again till you find the niche that suits you and you call it by name then. Adventurer.

Making an LP grid is the best.

avikz

legendary

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Why are we even comparing between a capitalist and a normal investor? They are not even in the same league!

Capitalists are business people. They do not care about the technology or how think works. All the care about his, how to do marketing of something new and make money out of it. That's what a capitalist usually does. They usually are well funded and their risk appetite is also much higher than normal.

On the other hand, a common investor usually learns about anything new before getting their hands dirty. They take cautious and step by step approach for investing their hard earned money into something new.

From the monetary point of view, obviously capitalists are smarter and they are rewarded higher because they take higher risk. Everyone can be an investor, but how many of us can become a capitalist?

Cryptomultiplier

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I want to shake this table with this argument. I wouldn't call it an argument perse, because with real facts we would know in the end, which option between being a Bitcoin capitalist and using a DCA strategy to secure wealth, is best and why, as well as the class of individuals that can afford any of the options between a Bitcoin capitalist and just a normal Bitcoin investor with a DCA strategy in motion.

Argument: To be patient and become a Bitcoin capitalist, is a better option to secure wealth than being an immediate consistent Bitcoin investor with a DCA strategy in motion.

Your Opinion/argument is welcomed!

Topic: To be a Bitcoin capitalist, is better to secure wealth than DCA strategy? (Pt2) - page 2. (Read 301 times)