This is the most common mistake of investors who use the DCA method. At a time when the market is in a bearish phase, it seems that now it will be possible to sell your BTC and buy them back at a lower price. But when the price decreases, such an investor does not buy BTC, expecting that the price will continue to decrease, and then, when the price starts to increase, he waits for it to decrease and eventually remains without BTC.

They are setting their own trap for thinking that its easy to do sell at high, then eventually buy when there's dip came. Since they might lose lots of opportunities or maybe even their money if they commit mistake for placing their orders.

Much better if they do DCA straightway because it removes doubt's or fears in their mind. Also they provably erase those thoughts goin unto stressful situations on which they need to monitor each market movement to spot those good timings, with this chance to miss lots of opportunity is so high and they might get afraid to start when they see the market pumps up again. Then as usual result of those bad decisions they made, they don't get anything and will just regret on why they didn't buy early. This is common problem of people doing such actions.

Bitcoin investment must be risky, but those who hesitate to buy Bitcoin basically hold Bitcoin for a short time and sell Bitcoin when they make a small profit. And they always think about buying Bitcoin but do not buy it. In the end, when the price of Bitcoin increases, they are left without buying Bitcoin. This mainly includes traders.
Those who are ideal Bitcoin investors basically follow the DCA method and invest in Bitcoin, so they can achieve great benefits if they are able to keep it for a long time.

Some people are not actually sacred of investing in Bitcoin but rather the mindset to make profit and go out is what most people contemplate about. There are people that don't want to waste time on anything before they will get money or profit forgetting that there are/is not rosey thing in life, one ought to fight and strive to make things work, to get what they want and it won't come so easily that is for sure and untill some people accept this there is no way they will make progress unless they are fortunate so we should have a long term mindset and then invest with our discretionary.

Seeing or considering  rock. As a w get rich quick scheme is nothing but a 1 way ticket to ruin and a terrible win, and the worst part of it all is that most folks who call themselves investors (especially the newbies) and the more they go the more lost they become in expectations because they’ll start buying bitcoins with hopes of cashing out in a matter of weeks or moneys, or even days which every one who’s a true investor would recognize that it hahah another trap.

We hold Bitcoin for the future, because I will earn more benefits from the amount of Bitcoin I deposit after a long time. But this Bitcoin investment should also be made for the sake of my children, the longer the Bitcoin investment, the more benefits will be earned. Therefore, Bitcoin should be invested in a long-term manner and to eliminate future financial shortages.

I think making profits the driving motive of our investment sometimes leads to unnecessary pressure and panicking, especially when the price is not going your wish, which sometimes makes some investors take wrong decision about there investment, either to sell or tap from it since they are no longer sure of what next will happen. This of course makes them not to achieve there intended plan of increasing there portfolio and HODL for long.

Sure we know that we anticipate an increase or profit from our investments, but making it out driving motive for investing might make one begin to think or reason like a trader who is not relaxed when there is a decline but always wanting the price to climbing, acting as if he never knew that bitcoin fluctuates, and that's a whole lot of pressure.

Perhaps, we should approach our investment with the long term mentality, just accumulating and HODLing, after all, we should be investing from our discretionary, and so, we shouldn't be pressured by some declines we see since thats part of bitcoin characteristics

These are fair points Bigjoe33 since even if we invest into bitcoin based on a presumption that in the long term we expect that the odds are pretty decent that the BTC prices will be inclined towards going up rather than down, yet it may well be the case that in the first 4 years and perhaps even longer (10 years or longer) guys may well be buying their bitcoin on a regular basis (such as weekly) no matter what is the price, and they are largely just focused on ongoingly building their bitcoin holdings without looking at the price, and surely there may well be some expectation that ongoingly buying the bitcoin has good chances of getting into profits, yet they likely realize that something like bitcoin is quite volatile and even under attack from different angles, so they are not guaranteed to be profitable from their bitcoin investment, yet if they measure how much they put into bitcoin (and they don't use any kind of leverage)  then the most that they could lose would be up to 100% - yet since bitcoin seems to be a pretty decent asymmetric bet to the upside, so even if they could lose 100%, there are various upside possibilities that go much higher than 100%, so then whether they get profits or not, there are decent chances of even great upside performance - yet they still might not be directly motivated by monitoring profits but instead perhaps just considering by the time they get to the point that they are going to need their investment, then they will have options in regards to such investment.

So if they start investing when they are around 50 years old, then maybe they are tentatively thinking that whatever the bitcoin is going to be worth in 15 years (when they are around 65 years old), then they will start to cash out of their bitcoin (perhaps sustainable withdrawal) starting around when they are 65 years old.  Ideas of profits are in there, yet they are still not centrally motivated by profits as tvplus006 seems to want to simplify and denigrate motives and to suggest that we are all motivated by the same narrow ways of thinking about our investment into bitcoin. .and yeah, I get the sense that guys who try to frame everything as transactional are the traders who might not even have any abilities to think about buying something (like bitcoin) and say that they are willing to ride it to zero... I recall early in my forum experiences, coming across some guys who were ongoingly proclaiming that "everyone needs to establish their exit criteria," and that is the same kind of narrow and inadequate trader mentality in which some of these traders think that they have all these matters of when to get in and when to get out figured out (as if investment fits into those same narrow frames)..


You are the one who seems to be impractical, cocadalcan.

When guys get started investing in bitcoin, they may well not have specific goals.  Specifics of the goals do not necessarily need to be established in advance.

They might start out by considering themselves to be investing $100 per week and also to build up his back up funds to be 3 months of his expenses.. so then maybe they have tentative plans to potentially increase their weekly investment amount, yet when they start, they feel like they don't know much if anything about bitcoin, so they feel they are going to need to study bitcoin and also to solidify aspect of their cashflow management within the context of their 9 personal factors (that they have not figured out exactly, either).  Guys do not have to have all their specifics figured out when they get started investing in bitcoin.  In order to get started, all the newbie bitcoin investor needs to figure out is whether or not they have discretionary funds.  If they have discretionary funds they can get started and they can figure out various details as they go.

Long-term investments can provide greater profits, you can also avoid the risk of price fluctuations that often occur in the short term. Bitcoin can be a good choice because it can provide a better future for your children or can be allocated to retirement funds, although there are no guarantees, but based on facts, long-term investment strategies always provide satisfactory results. To achieve your desired investment goals, you must make wiser investment decisions and not be influenced by emotions, especially in market conditions like the current one. You must be able to survive even if the value of your assets begins to erode.

You also have to be confident in the decisions you have made and be ready to face challenges because it is very volatile. Although the current value of Bitcoin is still far below the previous ATH, its value is still far above its initial price. The possibility for a rebound is still very large, now is the right time to continue accumulating while the price is a little easier than before.

Dcaing is just a decent strategy for investors to accumulate bitcoin proportionally while aiming to achieve a target.
While some enthusiasts may say they don't have enough enough money to buy huge amount at a time, Dca where you can buy with whatever amount you can afford sequentially until you arrive at your peak.
It's absolutely of no investment risk control while the strategic views is aspiring to encourage investors to only buy what they can afford they've spare funds from their discretionary incomes.