I like the point that you are emphasising here and it is true that if we are ready to invest in the DCA way, especially if we have started it, then I think there is no specific reason to look at how vulnerable the price is because consistency must be maintained.
The problem that often happens is when we're already working on DCA and we get bogged down with the thought of price, which in the end will make our strategy fall apart in the end.
My initial period in 2002 was like this because I was dizzy with my thinking that was based on price but over time that became the main problem I had because when I was based more on price we would be dizzy so I tried to learn from the beginning and indeed for now it can be said that my method is much better than before with DCA which should not be too concerned about price.

As a bachelor with such amount od income $10 is too small, look at it yourself (93000-9300 = 83700). You will still be left with a big amount of money which if you cut down your expenses and forget buying unnecessary things, you will still be left with more than 10% as the extra cash after you must have DCA with 10% and taken care of your upkeep and emergency funds. Like JJG said it is a pretty BIG ASS waste of time, why don't you invest with 20% and cut down your expenses because bitcoin is worth sacrificing for to benefit from it in future to come.

Since you are a bachelor and still very agile, you can look for another means of income so that you can use that to increase your bitcoin portfolio rather than wasting your time with 10% DCA hoping to make good profit in the long wrong. It is what you invest that you will get in return and that is why you need to have various meand od income, if your source of income wouldn't not enable you to invest a reasonable amount into bitcoin. Don't let this opportunity pass you by and make the right decision at the right time so that in the nearest future, when you look at your bitcoin portfolio, you can be proud of yourself and also your kids can also be proud of you.

As a newbie, you need to use DCA method in other to eliminate fear on bitcoin market price and for convenience.

You misunderstand here friend because we are not discussing about how bitcoin grows but we are discussing the strategies that are carried out when buying bitcoin funds I don't mention anything about bitcoin growth because we already know it and have gone off the topic we discussed in the initial thread.
For 2022 it was the beginning of my DCA and it was only as a view and example when we are wrong in positioning ourselves then we will actually be confused as happened to me in 2022 because at that time I wanted to do DCA but my focus was only on the price which made my DCA disturbed. this is a complement to what @Moreno233 said about the DCA method not caring about the base or price.

People usually prefer to do DCA if the price goes further down from their buying price, They usually stop investing DCA once the price goes up from their initial buying price. This may be right for people who have limited money, but the real essence of DCA is to make a plan to invest certain dollars into Bitcoin on a regular basis. It could be weekly, bi-weekly, monthly or whatever timeframe but it should be consistent. While doing the DCA, you would not look at the price. Just hit the Market Buy button and move the bitcoin to your cold storage.

Some time back I saw the same strategy of DCA being followed by one of the crypto YouTubers, who used to DCA around 200$ on every Monday. He also said that he will continue to do the DCA in this way until BTC is below 30,000$. Once the bitcoin reaches above 30,000$ he may cut his DCA in half, that is 100$ per week. Similarly, if Bitcoin reaches 40,000$, he will further reduce the DCA to 50$ a week. This way he will have the most amount of bitcoins in low prices. He will stop doing the DCA once the Bitcoin price is all time high again.

In my opinion, this approach is a really good one as you continue to do DCA throughout the bear market and are ready for the next Bull market.

I don't know how everyone is DCA, but what I'm doing is I will DCA if the price drops more, but this is not often because I don't always have the money available every time the market drops more. The second method that I am using more often is that I will buy bitcoin at the beginning of the month every time I receive my salary. After I have deducted all necessary living expenses for that month, I will buy Bitcoin with the remaining money regardless of what price it is trading for. Because my sell target is still the new ATH, as long as the price remains below my sell target, I will buy without worrying about the price. Furthermore, bitcoin is unpredictable, waiting for a cheaper price to buy may not be successful.

You are right, once we have used the DCA method but still think about price it will greatly affect our investment.

The idea is not bad, and it combines the concepts of DCA and buying on dips, so it ends up being a kind  of hybrid DCA approach, and if someone is in their early stacking stages, they might not be benefitted by that kind of a level of DCA reduction.. but sure, each person has their own considerations in terms of how heavily they may end up choosing to stack their sats and also what they might consider reasons to transition into purposefully lessening their DCA stacking.

A thing that I like to think about is how close that any of us might be getting to our own definition of fuck you status (you can see my projection of a kind of default entry level fuck you status here) and with that we might be able to project how many coins we believe that we might need at certain points in time, so whether or not we think that we are able to reduce our DCA approach based on higher prices might be seen in light of how close we consider ourselves to be in terms of fuck you status, projections of fuck you status and/or considerations whether we might feel that we need to stack beyond our targets in the event that BTC prices might not play out as bullishly as we might have had anticipated.


Hopefully you do not end up selling too many BTC too soon, and a lot of BTC HODLers have learned to modify how much they plan to sell.. and sometimes they move down from their ideas of selling 100% to selling 50% and then sometimes they realize that maybe they should not sell any more than 20% to 40%.. so there can be some variation and even some decisions to cut back on the idea of selling - especially since many times the previous ATH is not really a place to sell.. it is known as a kind of deadman's zone in which the BTC price tends to pass through.. of course, no guarantees...and maybe that is why sometimes folks end up selling too much of their stash at previous ATHs but then the BTC price does not end  up revisiting those previous ATH prices when it drops back down.. your milage will vary for sure.


Part of the reason that your system likely worked out so well, @lienfaye, is because many times we have no fucking clue which way the BTC price is going to go, even if it is going up in exponential kinds of ways.. so there are plenty of times that it does not really pay off to be engaging in too many tactics to reduce your DCA in too dramatic ways..   The more BTC that you accumulate, the more at liberty you will start to feel that you are able to reduce some of your DCA and/or increase your DCA.. but it does not seem to be a very good beginner move.. even for someone who had already been accumulating bitcoin for 3-5 years, if they are far from getting even close to fuck you status, then there may be no real value to be reducing their DCA in any kinds of significant and/or meaningfuil ways merely because the BTC price went up.

and that is what we need to believe and do..

I don't know why need to extend the discussion that long when the title already speaks for itself.

Buying Dip - it is time to Accumulate because we are in dip market now abd this is the perfect timing for it.

HODL - this will stand on how  long we can take the holding..  some are just for the net halving and bullrun , but others wanted to take as far as the market can go.

but for me? i will depend in what i do believe and that is buying every amount that i can risk , and will hold till then if not forever .

It is true that investing in bitcoin is risky, but it cannot be said that depositing money in a bank is risk-free. Many banks have gone bankrupt and it is very difficult for people to get their money back, not everyone can easily or will be fully compensated if the bank goes bankrupt. To me, everything has risk, including bitcoin and banks. But taking risks with bitcoin will be much more worthwhile because if we succeed, the profits will be worth the risk we take. Meanwhile, banks' risk is not only bankruptcy but also currency devaluation due to inflation.