With your statement, newcomers may consider Shitcoin as an acceptable alternative. And betting on Shitcoin is not only gambling, but in many cases it can be worse than gambling. Therefore, it is not right to keep Shitcoin in a "try your luck" type of place, even if it is for fun, especially in front of newcomers.

Calling Bitcoin a good "cryptocurrency" can sometimes confuse newcomers because we are only discussing Bitcoin here and not the entire crypto market.


Discretionary funds do not mean money that can be thrown away or easily lost. Rather, money that can be left untouched for a long time after necessary expenses, debts, family, emergency funds, and cash flow are secured, may be the appropriate amount for Bitcoin accumulation.

In addition to what you said. The number of people that have adopted bitcoin in the world is still very small compared to the population of the world and bitcoin is still in her early stage which is one of the reasons why the price of Bitcoin will continue increasing overtime even though, it's not guaranteed.

From past records it shows that the odd of bitcoin price moving uptrend is higher than moving downtrend which is the reason why we advise no coiners to start their bitcoin investment the moment they have their discretionary income and have the mindset to invest in bitcoin. The market builds your confidence as you keep your bitcoin accumulation ongoing and that confidence gives trust from your experience in the market.

I would advise you to keep reading this thread and others on investing into Bitcoin since I've seen you in other places and I'm kind of convinced you're interested in Bitcoin investment discussions. However it makes absolutely no sense trying to contribute when you don't even know what valid points to contribute which makes your comments a lot off-point on a high margin. It pays to keep learning and observing and even practicing by investing into Bitcoin if you've discretionary income. I would advise you wait and understand very well what you want to contribute on before going ahead to throw in your ideas on Bitcoin investment.

I hope we are not talking about shitcoin and gambling in this topic, or failing to understand the difference between bitcoin and shitcoin. Your comment is completely focused on shitcoin, if a new person reads your comment then he may get attracted towards shitcoin and face loss by investing in fraudulent coins. We all understand that bitcoin is the only coin in which it is right to invest or should be invested and the subject of this topic is bitcoin. If any person tries to combine bitcoin and shitcoin then he is definitely mistaken or he is failing to differentiate between good and bad.

Qhunman gave a total misinterpretation of DCA strategy. Saying that DCA strategy is the best Bitcoin investment strategy and going on to point that it doesn't have limitations to how many times you can invest in a day means the interval that DCAing usually operates with is per hour so that it can happen as many times as possible in a day but no! DCAing happens at regular intervals which can be weekly, biweekly, triweekly, monthly or personal calculated interval but not hourly whereby you buy as many times as possible in a day. The idea of buying multiple times per day is not longer DCA strategy.

What I need to say is that it's not right to invest in Bitcoin hastily because we will all experience this later if things happen beyond our expectations and cause us to lose everything we have.

For example someone forces themselves too much to accumulate or invest a large amount by doing it all at once without thinking about things that might happen unexpectedly so that after accumulating the amount as I said earlier there are things that concern us namely needs or bills in the form of loans that we take out but all of our income has been used to accumulate Bitcoin in a very aggressive or hasty manner so that in the end the amount we have accumulated has to be sold again at a price that sometimes after we did it there has been a decrease again which makes us forced to sell on the grounds of bills that we have to pay immediately so that all problems can be resolved but in this case we have experienced losses in selling below the price we did at the time of accumulation so this is what makes us in investing or accumulating it is better not to rush and do not force ourselves to do it without thinking about needs or other things related to finances and it is better to make adjustments first so that things that we do not want to happen in investing in Bitcoin.

Non of your supposed exceptions can in anyway be compared to bitcoin so why even accumulate them when you can accumulate an obviously superior bitcoin, if you already know that bitcoin is the best among the many you should also from that fact alone know know to invest in bitcoin instead of investing in the others which you already know are inferior to bitcoin.
The greed that pushes people into wanting to invest in shitcoins should have been pushing them to go for the better alternative instead, some people invest in shitcoins because they simply do not know the difference, if they did then you wouldn't even be the one telling them to invest in bitcoin instead, of course there are those who just won't see it that way and will dtill believe they can make more from shitcoins and these are usually those who want quick profit and know they won't get it from from bitcoin.

You know why bitcoin continues to increase it is because many people are starting to believe like you are, it is an example of how bitcoin continues to survive and continues to increase in price, as long as people believe in bitcoin, bitcoin will continue to increase in price because all of this comes from people's trust in bitcoin, and this must be maintained and continued to be spread so that new adopters continue to grow and more and more people use bitcoin to store their property, and that is where bitcoin's success has been so far.

Therefore DCA is an important feature to be able to enter bitcoin slowly without having to stress us and enter into high fluctuations.

This is why you must first take out the funds for your basic needs and monthly expenses before you can use the extra cash to invest in bitcoin because that's your discretionary income. Anyone who invest with all his income is a gambler and not an investor because he will later sell his bitcoin when his needs arises and that's not a good accumulation practice.

As a matter of fact, you cannot even invest all your discretionary income into bitcoin when you have built your backup funds because you will have a discretionary consumption before you get paid again. It doesn't matter how much you use to buy bitcoin weekly even as low as $10, the most important thing is consistency and persistency in growing and building your bitcoin portfolio till you get to your bitcoin target.

Often if you read that dca is a really good method, whether you are a newbie or an old community, it is safe to use if we apply it to bitcoin or other top altcoins and it is also proven
and tested by most who have tried it.

Then this is a good decision for newbies especially if you focus only on bitcoin, as long as you don't focus on other cryptocurrencies especially meme coins
that are new to this field industry.