DCA is also the best investment method for me. DCA can be done not only on the basis of monthly income but also on the basis of my total money. For example, if I have 20 thousand dollars, I can do DCA without investing it at one time. For example, 500 dollars or 200 dollars can be invested every month. And maybe many of us are engaged in various jobs and get a monthly salary from there and can do DCA by keeping a percentage of the salary. Or I have any assets that I may want to sell and invest in the DCA method and do DCA. So I think DCA is the best strategy for buying Bitcoin for everyone, new and old.

With what I know, the DCA method is for everyone and a convenient method suitable for all investors. It is very suitable for a newbie because it encourages a disciplined method of investing, since it allows you invest bit by bit depending on what you have regularly at given intervals and at the same time one will be able to accumulate bitcoin gradually. DCA method also helps newbies with long term investment which is more profitable.

Bitcoin is a profitable investment and we have to find the right strategy that if followed gives us good return. DCA is a proven strategy that can give you good return from Bitcoin if you follow it correctly. Bitcoin price is high and very few can buy a complete Bitcoin at 67,000$, with DCA people with small capital can also invest in Bitcoin and get good profit in return. The only limitation of DCA is that it won't give you huge profit in short duration because we have to keep investing for at least four years.   

You are contradicting yourself - Sunshine1525 - which goes to show that you likely don't know what the fuck you are talking about.

When it comes to investing into bitcoin and attempting to accumulate a position through buying, there are really only three ways to buy.  You buy right away  with lump sum, or you DCA or you buy on dips.

The other option is to trade - which means selling and hoping to buy back cheaper.  Selling seems to be a retarded way to increase your bitcoin holdings, even though people do it.

So if you are going to criticize DCA as a form of accumulation through buying, your other two options are lump sump buying or buying on dips.

An essence of DCA is the ability to tailor your buy amounts based on the income that you have coming in, and of course, when you are employing DCA, you are not precluded from supplementing it with lump sum and/or buying on dips.

So then a question becomes whether you want to build up a bitcoin stack or not, and are you able to establish an investment timeline that is 4-10 years or longer.  If you are not even able to establish a investment timeline in bitcoin that is 4-10 years or longer, then you are likely approaching bitcoin from a trader rather than an investor perspective.


You are correct to proclaim that DCA investing into bitcoin is available to everyone (and implicitly anyone), yet you still likely need to clarify that there is a need to have discretionary funds in order for them to fit into the category of investing rather than gambling or trading.


You seem to be trading rather than investing, which you are likely not going to do as well to be fucking around with trading rather than investing (especially if we consider what your price-performance might be over 8 years or longer), yet you are free to do whatever you like, even dumb shit.  And, sure it is possible that you don't have the attention span to invest rather than trade, yet  it is possible for guys to build good habit to improve their attention span and to come to an investor rather than trading (gambling) perspective.
 
Another thing is that DCA applies much better to investing rather than to trading, and your mentioning of "crypto" (presumptively referring to shitcoins) might well show that you do not really know the difference between bitcoin and shitcoins, which really it seems to be the case that bitcoin is the ONLY investible asset.  The various shitcoins are trades in which you likely need to get in and out of rather than staying in them and building them up, like you would do with bitcoin  and bitcoin investing, and shitcoins are likely wastes of time, energy and value.

So, you might want to consider focusing on bitcoin first and also investing as a priority - especially if you might be inspired to improve your life into the future and also since this is a thread about investing and not about trading or shitcoins for that matter.


You seem to not understand DCA, since DCA allows you to adjust your level of aggressiveness, so if a guy maximizes his level of aggressiveness, then DCA does not limit him from receiving the upside of a short-term BTC price increase.

Let's say that a guy has a practice of maximizing his DCA amount and every time that his money comes in and he is able to determine his discretionary funds, he puts 90% of his discretionary funds into bitcoin... some weeks he invests $100, other weeks he invests $10, and there might be weeks in which he invests $1k or more.  How is such a guy who is aggressively employing a DCA approach being limited by his DCA approach?

Sir, if you look at my statement you'll see that you're the one who really didn't understand me. Why would I kick against a good strategy like the DCA for accumulation, when I've got to know how helpful it is for investors? I wasn't referring to accumulation with but the DCA being applicable to withdrawal, maybe i wasn't very specific to make it clear but I hope you do understand what I meant and retrace your comments.

I agree, buying consistently is a good way to deal with volatility. However, we shouldn't buy at any price, we need to buy at appropriate prices for entry. And I think buying consistently doesn't always mean buying with DCA strategy. We have varied ways in Bitcoin investment, DCA is only one of the strategies. Well, I can't judge DCA strategy as the best strategy, it will depend on the individual or the person. If someone has a lot of money, he can use another strategy in Bitcoin investment.

I don't see it is a problem that someone wants to have a short term goal in Bitcoin investment. However, he needs to apply an appropriate strategy and set a realistic target. Since it is a short term holding, the goal mustn't be so significant profits. It must be lower than the goal of the short term holding. 

You are correct, Sunshine1525.  It appears that I misunderstood some aspect of what you were saying in your post, since it appears that you were emphasizing the use of DCA to accumulate BTC and not for withdrawal.


You are making matters more confusing kawetsriyanto - since it is what is it that you mean by short term holding and/or short term investing?

If you are shorter than 4 years then you are likely trading rather than investing... Perhaps a short term investor would be 4-10 years, and not able to invest for more than 10 years based on age and/or health issues?

Do you want to argue that planning to hold bitcoin for less than 4 years is not planing to trade?

I will concede that a person could end up selling some or all of his investment at a time that is much earlier than he had planned based on changes in financial matters that might end up developing, so a person could have a 10 year or longer investment timeline, yet some matters come up in his life, such as loss of job and/or increases in expenses that were not expected that cause him to have to sell some or all of his bitcoin... yet he still might have had gone into bitcoin with the intention of investing 10 years or longer.

As a newbie myself I think it is not that inviting. Investing for years without being able to access the amount doesnt feel that nice. I as a person would like to invest while still having ability to access my funds and cash out whenever I want but I think success demands sacrifice and you have to make them to be successful. If dca is the only way to become successful with Bitcoin then it is no problem for me to accept some doubts in order for success

My point is that unlike trading where people can instant big profit, in DCA we have to spend some time in accumulating Bitcoins before we see good profit. DCA can no doubt work better if you increase your investment specially during dips like the one we are having right now. If someone is more aggressive during current dip then at the start of very next bull season he will be able to see profit on his investment. If one has understanding of DCA then he can defiantly tweak it to get profit even in short duration.

Maybe it can bring that profit that you mean, but there's no guarantee to get profits on trading. People are just exposing their self to much bigger risk if they are thinking about they can smoothly do profit taking on trading because that situation will not always gonna happen. One single mistake can broke them out that's why trading is not for everyone due to those risk factor involve.

It may take lots of time when doing DCA but better not to think about getting early profit, just come to think of it that you are just building your wealth for your consistent buying. Also if you think about increasing your budget to accumulate when there's a dip came actually that's good decision, because in that situation they can provably gain lots of Bitcoin. Maybe upon buying at dip we can see that we earn some profits if Bitcoin bounce or recovers. But better they forget about short term profit taking, since there's huge chance that they can possibly gain more if there's good news came and Bitcoin pump in next 4 years or on a decade.