Using your example of a guy earning about $2,500 monthly, the adjustment he makes in Bitcoin which is moving from $50 weekly to $150 weekly and consolidating earlier positions actually makes sense as a correction in direction. I think the key point is that it improves his future exposure, not his past outcome. The earlier years and prices are already gone, and no adjustment can really recover that.
So while increasing allocation can be a valid strategy change sometimes, it should be seen as a forward looking approach rather than an attempt to compensate for past wrong decisions.

You cannot say that people don’t get aggressive in their accumulation for under-investing in the past, it may not be the only reason for everyone and it doesn’t apply to all investors but it’s definitely one of the possible reasons why a person can decide to become aggressive with their accumulation process.
No one can explicitly generalize what drives investors to do whatever they chose to do with their bitcoin investment, human behavior isn’t that predictable.

Emergency can happen anytime and this make it pointless for person to wait to finish building emergency fund before investing. Emergency funds is not something person build once and stop, person has to build it progressively. And if person delays himself from ongoingly investing because he wants to build emergency funds, that is a waste of time because an emergency can and wipe off the emergency fund that was saved and will need to build more and that way continue delaying yourself from starting investment.

So people should quit delaying and start ongoingly investing when they have discretionary income and from there progressively build emergency fund

DCA strategy never gives us such certainty. The things we get by using DCA method.

• Average purchase price.
• Helps to reduce risk.
• No need to wait to buy.
• Buying opportunities are not missed.
• Etc. advantages are given.

However, DCA method never gives us the certainty of profit from your investment and does not give us the certainty of not losing anything from your investment. If we observe from the past till now, we will see that we have lost everything due to our mistakes and faced losses. If we look at long-term investment, we will see that every person has been successful so far. We have made our investment face premature death due to our mistakes and faced losses.

In order for an asset to be investable, then there should be an expectation that in the period of the investment (in this case in bitcoin 4-10 years or longer) that the likelihood of going up is decently large perhaps greater than 50%.. so that we expect that we will be better off for investing into bitcoin rather than not... and of course, in the case of bitcoin, we also likely consider that it has been and likely continues to be an asymmetric bet, so the most that you could lose is 100% of what you put into it, yet at the same time, withe possibility of multiples or magnitudes of increases in its adoption and value.  Of course, DCA can be applied in circumstances when there is a conclusion of likely long term upward price curve slope.

It remains quite difficult with any shitcoin to come to a similar conclusion in terms of its longer term price curve being sloped upwardly, even though there might be some people who have concluded that some shitcoins are investment grade.. .. yet it seems to me that many times normies get into shitcoins as a trade rather than as an investment, so they may well think that there are opportunities to get in and out of shitcoins, and sure some guys might wrongfully conclude that their chosen shitcoin(s) are investment grade.

Of course, this thread is about bitcoin and about investment and not about shitcoins, so it seems off topic and perhaps even rude to be suggesting within this thread that the idea (and practice) of DCA applies to shitcoins.


Are you trying to argue for the mere sake of it? 

Perhaps, instead, you should apologize for bringing crypto, trading and speculation to this thread that is about bitcoin, DCA and investing.

Of course, you can speculate with bitcoin, you can trade it and you can treat bitcoin like a shitcoin.  That is your choice, even though you probably are going to end up a bit lost in terms of how you are treating bitcoin, especially if you have opportunties to invest in bitcoin and you are fucking around like a lost puppy and trading it rather than investing into it... and yeah, you can do what you like, but that is not part of the topic of this thread.


Years of existence does not cause a shitcoin to become investable.

You seem to not really understand what bitcoin brought to the table. .and it is not merely about years of existence. 

Bitcoin brought a paradigm change to how digital value and information can be combined and not be duplicable, and so surely there have been multiple attempts from a large number of shitcoins (perhaps all of them) to both copy bitcoin and to even proclaim that they are equal to or better than bitcoin, yet if any other coin were to want to be successful in dislodging bitcoin, it would likely need to be at least 10x better than bitcoin.. 

Think about bitcoin's claim to be the soundest of monies.  Bitcoin is likely way more than 10x better than gold and/or fiat and/or any other currently existing form of money.. so even if the market has not necessarily recognized/appreciated bitcoin's ongoing existent superiority status, value is likely to ongoingly gravitate into bitcoin, even if there are battles and a lot of volatility (and likely ambiguity) in a process that may well take 50-200 years or more to play out.   

And, no, I am not suggesting that any of us need to have a bitcoin investment timeline of 50-200 years or longer, since we likely invest into bitcoin around our own personal  circumstances, which may well include an ability to invest 4-10 years or more into bitcoin...and DCA is one of the better of ways (if not the best way?) to build a stake in bitcoin that is meaningful to our own financial circumstances.


You really seem lost in your attempts to provide examples that you believe to be relevant to the discussion of this thread, and surely you seem to also be lost in terms of be participating in this thread, since you want to spout out bitcoin naysaying nonsense or to make unconvincing comparisons with shitcoins.

I doubt that there are too many folks, even who are relatively informed about bitcoin who are proclaiming that bitcoin is not a volatile asset.. and surely it seems one of the most inevitable aspects of bitcoin relates to both its volatility and also likely battles around it and even manipulation of it through paper bitcoin and other means of manipulation.. so individuals are sometimes going to get caught off-sides in their own investment management and/or their cashflow management... so the fact that people screw up in their own financial and psychological management, that does not really say much of anything about the value and importance of the underlying asset (in this case bitcoin)....

so you may well need to figure out your own ways of thinking about how bitcoin fits into your own life, including your seemingly ill-informed ways of thinking about it. ..and, sure, in the end, you have the right to do whatever you like and to think whatever you like, even some of the dumb shit that you have been saying.. and if you are not a troll and you are actually really believing the nonsense that you are spewing, you are likely going to lose out on opportunities to focus on building a bitcoin stash that will ultimately help you in your own life, to the extent that you might have an investment timeline that might be able to be 4-10 years or longer.


Even though some folks will use DCA for trading in bitcoin and even in shitcoins, DCA does not work as well in trading and/or shitcoins because DCA tends to take time to build a position, and then surely a trader/shitcoiner will see some time in which they consider their position to have become sufficiently profitable, and then they will sell out of the position, yet a the same time, they likely have a variety of prices in which they had bought their bitcoin (or their shitcoin), and sure.. I suppose that they might see that after they make their trade, they have more dollars than they had put into the asset, even though surely if they are not letting their investment ride over a cycle or two, then they are likely missing out on both the compounding effects of the asset (referring to bitcoin), they are also failing/refusing to continue to build their wealth through ongoing buying, to the extent that maybe they would like to build up their wealth to such a level that in the future they could reach a point that they could start to sustainably withdraw from it (and perhaps replacing their income from work - so that they either don't have to work any more or that they are able to work way less than what they would have had otherwise had to do if they had not invested into bitcoin).


You are talking about emergency funds in a weird way, since in my post, I was attempting to describe a situation in which a person hears about bitcoin and they are already in a certain kind of a mindset, which perhaps might involve that they already had been maintaining and/or prioritizing emergency funds... so they are starting from a certain mindset.

I did not say anything about them building additional emergency funds prior to getting started in bitcoin or assuming that they would, even though sure part of the criticism does relate to guys who might wrongly believe that they need to focus on building more emergency funds prior to getting started with their bitcoin investment.

And, even though guys can do whatever they like, it does make sense that any newbie who gets introduced to bitcoin and starts to consider that he is inclined to get started investing into bitcoin, he is likely going to need to consider when and how to get started investing into bitcoin from whatever position he is in at the time, and surely many of us who are participating in these bitcoin investment threads are prioritizing that newbies should be getting started from whatever their position might be as long as they are able to assess that they have discretionary funds that are available.. which discretionary funds may well be a product of income that is ongoingly coming in (after the expenses have been accounted for) and any back up funds (including emergency funds) that are already in place (which some of the emergency funds might well be excessive in light of their likely need to get the fuck started buying bitcoin).. 

So getting started is one thing, and they don't have to have everything figured out from the start, and even when I refer to the 9 individual factors, I consider those to be factors that are ongoingly assessed and they do not need to be figured out with any specificity from the start, so long as the newbie has figured out that he has discretionary funds available, and surely those funds might even come from his already existing emergency funds to the extent that those funds are likely already excessive in light of his not having any bitcoin, yet each person has to figure out their comfort level in regards to whatever back up funds they have, including but not limited to which portions of their back up funds they have labeled as "emergency" funds.


You may be technically correct in regards to properly framing what is actually factually happening, since "technically" we cannot make up for the past, and perhaps it is "technically" incorrect to say that we are making up for the past, yet in the end, guys are going to do what they like and they are going to give explanations for what they are doing and why they are doing it that might not be "technically" correct.. and it seems that in the whole scheme of things, sometimes depending on where the BTC price is at, they might end up financially unharmed and/or even financially better if they had ended up making a past mistake that ended up causing them to use the same amount of money (or perhaps even putting in more money) based on the BTC price ending up in a lower price at the future time than it had been at the past time... but yeah, technically, they are not going back in time, they are proceeding from where they are at with whatever resources (and knowledge) they ended up getting at the future time  as compared with the past time that is already passed.. and "technically" we cannot turn back the clock in terms of whatever had already happened in the past time.


You seem to be getting caught up on some semantics BluebloodCXVI - since guys are going to give all kinds of rationales for what they are doing, even if some of their explanations might not be "technically" correct... .. so surely the pure facts to trace back which dates they made certain investments into bitcoin and how much they put into their back up funds and how much they put into other investments is going to be sets of facts that are under the bridge, and when they change their strategies and they give rationales for why they are making certain changes, it may not even matter very much if they are correct in their explanations for "why" they are doing it, since perhaps the actual facts will speak louder in terms of the extent to which they might have had been financially and/or psychologically affected by various actual past actions that they took and/or failed to take.

The DCA strategy of investment has nothing to do with cryptocurrency, and if one is applying the DCA strategy to cryptocurrency, that person is only investing in risk, which will have consequences in the end.

As a member of the bitcointalk.org forum, it is expected that every member who has spent some time here knows the difference between bitcoin and cryptocurrency and uses the correct terms when referring to bitcoin or cryptocurrency. I believe there is freedom for everyone to channel their money however they think is best, and no matter what anyone is investing in, they just need to be proud of it and describe it instead of trying to be clever by using the wrong terms to classify bitcoin with what they are investing in.

Buying Bitcoin with the use of DCA method is really a good strategy, now it makes you to buy bitcoin when the price of bitcoin goes up, and when it dumps. To me , this is actually the best method of buying bitcoin. For instance, their are investors who only buy once, there nothing actually wrong with buying once, but if you buy at the peak of the bitcoin market price, you may not make huge profit like someone who buy through DCA. Furthermore, DCA method enables you to invest in bitcoin gradually, and according to your budget, this could be weekly or monthly.

The use of DCA is not for newbies only, and might not be the reason why newbies should invest in bitcoin. Bitcoin is a digital asset that rewards investors both newbies, and old investors in the long run. Now the motivating factor is the fact that bitcoin can reward you in the long run weather you are using DCA or you are buying just once.

Initially you didn't agree with the fact that building emergency funds before starting investment is cool but at the end you are still saying that having emergency funds ready before investment will enhance our investment that is speed up our rate of accumulation which means that you are kinda confuse because you are not really sure.  There's no need to build emergency funds before starting investment, it is a wrong start because what is needed first is our discretionary income and then emergency funds can be gotten later.

According to the DCA method, I think that there is no need for additional income to participate in Bitcoin investment, because if the investor tries to make additional income, his valuable time will be wasted. So you can participate in Bitcoin investment in the situation you are in, because you can start investing in Bitcoin with the amount of money you have to start with. And naturally, you can also create a backup fund with a small amount of money (emergency fund) in which you will be able to keep Bitcoin for a long time.
Without waiting for additional income in the current position, you should quickly participate in Bitcoin investment and definitely take this opportunity while your valuable time and Bitcoin price are under control.

You don't need to be very wealthy to start Bitcoin, it's the right time to start and there's no need to delay it to grow your income. To start the DCA method, you need a discretionary income, the amount of that fund can be any size. If it's $20 per week, start accumulation Bitcoin without spending extra time.
You don't have a cash fund, in this situation of creating an emergency fund, build this fund with some amount of discretionary income. The important thing is to keep accumulation Bitcoin while obeying balance with your income. Build up as much holdings as possible before the price of Bitcoin increases too much. In my opinion the DCA method should be continued until you have a full Bitcoin or the the period of 1 or 2 cycle. To reach the over accumulation height you will need continue DCA and to buy BTC through lump sum. And to be regular, you need to focus on increasing the amount of income increase the source of more income.