That's true. risk will always be present in investing, regardless of the technique you use. However, as you pointed out, there are ways to reduce that risk, including lump sum investment and DCA. It's important, in my opinion, to keep in mind that everyone has a different level of risk tolerance; some people may feel more at ease with certain levels of risk, while others may wish to lessen it.  

In any case, I think it's critical to take into account your personal risk profile. There is no one-size-fits-all approach to risk tolerance. Certain individuals are naturally more at ease with risk than others. It's also critical to consider your investment timeline. When investing for the long term, for instance, you could be more ready to take on more risk because you will have more time to make up for any short-term losses. However, you may want to prioritize risk minimization and exercise extra caution if you're investing for a short period of time.


Nicely said, but you can agree with me that different people have different perspective and viewpoint about Bitcoin investment. There are people who are looking for ways to invest for their future and Bitcoin happens to be one of the most profitable and safest investment that can is believe to have the ability to last almost a lifetime.
Before Bitcoin was even considered an option, people held gold as future investment for years without intentions of touching or selling a portion of it to fund their needs.

The fact you are Hodling Bitcoin doesn't mean you can't have other investments that you can run to whenever you need money. But nothing is more reassuring than having a pile of Bitcoin just lying in your wallet for years and you just live your normal while you just watch your money grow as the years go by. I'll have to disagree with you that Hodling isn't that important, because it's very much important, because I see it as the only way one can almost avoid risk of loosing money when it comes to Bitcoin investment. People who have Hodled Bitcoin for the past 10 years I believe can confirm this, because there's no way they could've made any losses, except maybe their wallets were compromised or something, but if it's loosing funds to the market, I doubt it's possible. I stand to be corrected.

If you are accumulating bticoins then you need to bear all sort of price variations. You may face situations where bitcoin price may go down from your buying price and you start hearing traditional sounds like "Bitcoin is going down and will never recover". That's the test one has to pass if he want to HODL for long term. The real benefit of accumulating Bitcoin is to HODL it for longer duration and its where your patience is tested.


Of course by looking at previous price charts we can make predictions which can be true or false

I was super sleepy last night. Thanks for the FTFY

You are right, and I think JJG is a senior person who is a motivator in terms of DCA strategy because his advice and what he always talks about regarding DCA is always correct and also makes sense. And I often read his posts because they can help and also motivate me in using the DCA strategy.
Actually, in my opinion, investing is easy to understand and can be done without difficulty, but you have to be consistent, one way is to invest regularly, which is known as the Dollar Cost Averaging (DCA) concept.
And many people feel afraid or doubtful and also feel unprepared because they feel they don't have the time and knowledge to do it, and there are also other reasons because they are not ready to face risks and fluctuating markets.
And none of that will be a problem for them because the DCA strategy makes it easy for them without having to have in-depth knowledge and also a lot of time to do it, the most important thing is to have a monthly income or salary. Being able to set aside money to buy Bitcoin regularly after prioritizing important needs and doing it for the long term, and this strategy is very important for the future as well as old age for a financially happy and peaceful life.

Yes, I agree that past performances do not guarantee future results but we can agree that Bitcoin is the most established Crypto asset with the highest capitalization thereby giving some sort of advantage because there's only one out of a million chances that Bitcoin is going to crash or that it's going to dip and fail to recover. Again,  when we say past performances doesn't guarantee future results in Bitcoin, there could be exceptions when you're investing for the long-term, whether using the DCA or Lump Sum.

Yes, when it comes to DCAing, consistency is crucial. You won't truly reaping the benefits of DCAing if you simply buy when the price is high and sell when it falls. Additionally, I believe it's important to keep in mind that DCAing is only a method that might help to lower risk and possibly improve profits over time and not a guarantee of profit because anything can happen in the world of bitcoin.

Something like this will definitely happen because after all when we are entering bullish then there will definitely be a lot of people who talk positively about bitcoin especially for those who have advantages in media issues because after all they will prepare for what to do where bitcoin continues to soar and prepare to drop it back just like before.

They experts can sometimes change statements directly just for their own benefit but for now it is certain that bitcoin will definitely continue to be hailed because they also realize if they are still an antagonist for bitcoin now it will not be too useful but it could be a trap because when we trust the experts too much it is we ourselves who will eventually become a hassle.
I personally will not be too interested in what they say because however the current statement may change in the future but most importantly our confidence will not fade with bitcoin.

There cannot be any exception to the rule that past performance does not guarantee future results because the past is the past and it is guaranteed, and the future is not guaranteed. 

The main thing that we can do in regards to the future is to assign probabilities, and the mere fact that we are able to assign high probabilities still does not make the future prediction guaranteed. 

I will concede that in several ways bitcoin has a lot of high probabilities, depending on how the questions are framed - but there are so many ways that it is not like a rock (and is a rock even guaranteed to keep its form?).. there is electricity involved, networking, computer software, various natural and man made events.. .. and even given all of that, there is quite a bit of solidness within bitcoin as compared with other manmade (or man discovered) phenomena...

I will also not deny that there is a lot of exceptionalism in regards to bitcoin, including that there is no other asset or shitcoin that even comes close to rivaling it, but still that does not make it guaranteed, it only makes it relatively better than everything else.. and so we should be able to have confidence in allocating accordingly.. even while knowing that past results do not guarantee future performance.


You even agree that bitcoin's future performance is not guaranteed.

I frequently like to suggest that we can rest assured with DCA only if we have a bit of a strong presumption that the overall trajectory of whatever asset that we are investing into (in this case bitcoin) has an upward price trajectory - and most likely to be up relative to the amount that we put into it at time that we are going to need to cash out some or all of the value that we put into it... so yeah, of course, we want to think in terms of real value rather than nominal value and we also might not exactly know our timeline, including that our timeline might end up being quite spread out 15-30 years down the road or some other ballpark ideas of a timeline in regards to when we might consider that we are planning to start cashing out of some or all of our BTC holdings... and even our planned timeline for cashing out could end up going out further or might end up getting cut short due to some emergency situation that we might get ourselves into.

The strategy of holding cryptocurrency assets despite market fluctuations without succumbing to the temptation of short-term trading is called HODLing in the cryptocurrency world.  Although this word is a misspelling.  Still it has gained wide popularity through online.  HODLing is a strong determination that metaphorically explores the map of the HODL camp. Literally reinforces the commitment to hold Bitcoin in a strong hand so the market ups and downs represent the ups and downs.  By creating a mental map and maintaining a consistent approach, the investor can live with the promise of a long-term potential profit that addresses the volatility inherent in the crypto space.

Agreeably, In a way, no matter how much information we gather, the future is never really definite. However, as you said, we may utilize that information to assign probabilities and arrive at well-informed conclusions. Furthermore, it appears that Bitcoin has some special characteristics that make it stand out from other assets. As an illustration, consider its scarceness and its autonomy from centralized authority. However, as you pointed out, there are no assurances.

But when we think about it, how do we go about making decisions about the future if we are unable to predict it with complete certainty? Assigning probabilities to each of the many alternative possibilities is, in my opinion, one way to come up with a solution. For instance, there are a number of potential outcomes for Bitcoin: it might take over as the primary means of transaction, be overtaken by another cryptocurrency, get banned by governments, become archaic and replaced by something else entirely, etc. Additionally, we can give each of these scenarios a probability. We can therefore still make decisions based on the probability we assign to each possible result even though we can never know for sure what will happen.

So even if we can't be 100% certain, we can still make an informed decision about how much to invest in Bitcoin, how much risk to take, etc. so when I say there's an exception, what I simply mean is that, with the facts gathered from both present and past events, the probabilities assigned to Bitcoin acting differently from it's past performances. Considering those probabilities as certainty is the risk involved in Investment. Without the risks, there won't be any rewards.

Of course, we can invest into bitcoin in a way in which we are not putting all of our eggs in the one basket, but still come out of the situation very much better than we would have had been if we had not invested, and I am not even suggesting to invest into anything other than bitcoin and having your shit together in regards to your cashflows, expenses, emergency fund, reserves and float, and since bitcoin is such an asymmetric bet, many of us should be able to prosper quite well by just attempting to invest as aggressively as we can without recking ourselves.

Surely a problem with poor people is that they do not have very much discretionary income, and maybe they have troubles to be able to increase their discretionary income, and even though they still will benefit from a bitcoin system, they will benefit even more personally if they can figure out ways to increase their discretionary income so that they can invest into bitcoin without recking themselves..... so the balance is not easy for some one who is poor and just getting into bitcoin with $10 per week or something like that because it can take a decently long time to build up a BTC stash when the investment amount is so low.. even though surely we can see those who invested $10 per week over the past 10 years did end up doing quite well with maybe more than $5k invested and maybe more than 4.5 BTC currently.., even if it might not have had been very clear whether an ongoing $10 per week investment would end up paying off.. and surely the earlier years of investing had more compounding effects in terms of the value appreciation of the BTC purchases.