How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
Your strategy of buying and holding Bitcoin during market downturns and participating in daily trading to capitalize on short-term opportunities reflects a combination of long-term investment and active trading. This approach allows you to benefit from both potential long-term appreciation and short-term market movements.How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
TBH, I just buy and hold bitcoin when the price goes down and will hold until bullish season the next year.
Yeah I will hold untill bull market, But I also do daily trading to gain daily profit.
If you asked How often to buy bitcoin, not often.
Just see the market condition, when down I will buy more and hold.
How often do you buy and how long do you plan to hold bitcoins?I don't have any system to invest with money from outside, my only investment is the money I earn weekly. I always use DCA method to invest because I invest all my weekly earnings using DCA method. Of course I'm ready to wait until the bull market. Also since I am investing in DCA method I will invest for minimum 5 to 10 years.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
It's excellent that you have a disciplined approach to investing with your weekly earnings using the Dollar-Cost Averaging (DCA) method. This method is known for its consistency and ability to smooth out the impact of short-term market volatility.How often do you buy and how long do you plan to hold bitcoins?I don't have any system to invest with money from outside, my only investment is the money I earn weekly. I always use DCA method to invest because I invest all my weekly earnings using DCA method. Of course I'm ready to wait until the bull market. Also since I am investing in DCA method I will invest for minimum 5 to 10 years.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?I am buying Bitcoin from last one year. Yes i am following DCA method. I think DCA method is best for Bitcoin investment. Whatever price up or down no matter. If price increase it is good for me even Bitcoin price go down i am buying Again. I think my investment will more profitable when bull session will come. I will continue DCA for future 3/4 month and after then i will wait for bull session. I think near future bull session is coming because April 2024 Bitcoin halving will happen and then bull session will start. So i am continue doing DCA and waiting for my target.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?Some people plan to sell after they make profit. Some people will sell just some after making profit and leave the rest. Some people will hold some for long without selling, like for inheritance purpose. Choose the one that you prefer.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?In short term, it may seem not profitable. Also in short term, you may be lucky and it will be profitable. In long term, it will be profitable even if it is not profitable in short term. Just do not sell when the market is not favoring you, continue to DCA.
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???Waiting only means procrastination. It is better to DCA instead and try to buy more at lower price. If the price do not get that low before some weeks like a week to halving, then you can buy the remaining that you want. Some months after halving, the price of bitcoin will increase is what that is speculated and which will likely be accurate as it has been for many years.
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?op When I invest in Bitcoin I definitely have a long term plan. If we invest in Bitcoin patiently with a long-term plan, we will definitely be successful through it. Those who are new to Bitcoin invest in Bitcoin in a hurry without checking the market. Investment in Bitcoin cannot be rushed. If we check the market and invest patiently with a long-term plan, we will definitely get success through it.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?I started DCA BTC in 2022, when the price fell to $17K after Terra event, and am continuing DCA every week. Because the time BTC was at the bottom was quite long, I had the opportunity to buy a lot of BTC at low prices. Currently, I still have a profit of about 100%. This is a confirmation for the DCA strategy for potential assets like BTC. Even though it doesn't generate 900% returns like SOL, it's still pretty good for me.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
When our mindset is to invest in Bitcoin for the long term, yes, this is one strategy that we can apply. Because after all, we believe that Bitcoin will definitely be able to rise again, especially in the Bullrun later. Basically, whatever the strategy, whether with DCA or another strategy for accumulating Bitcoin from the start of the bearish period, it will definitely be very profitable when we hold until at least the next bullish era. As long as we are never tempted by small increases or panic when the market drops suddenly. So it really requires full patience when we hold for the long term.How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
I don't use any system, just buy when it's low, keep it until a certain time, and sell when I need it, provided that the price is right and I don't experience a loss,
but from 2022 I will only buy it and not sell it.
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?I have been on DCA and it has been very easy for me to invest in Bitcoin. I think I will continue with the DCA method until the bitcoin price reaches 50k. When the price is 50k, I will stop investing and begin to work out my exit plan.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
I have been on DCA and it has been very easy for me to invest in Bitcoin. I think I will continue with the DCA method until the bitcoin price reaches 50k. When the price is 50k, I will stop investing and begin to work out my exit plan.
Since there is an upcoming event DCA would be a good strategy to buy cheap BTC and sell them once we see a new all-time high.
wow so you are holding now for at least 2 years? and have you bought when the price drops to 15k ? that is truly amazing chance that I missed because there are certain problem about funds when it happened and I cannot purchase any amount until the price rose back again to above 20k.How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
I don't use any system, just buy when it's low, keep it until a certain time, and sell when I need it, provided that the price is right and I don't experience a loss,
but from 2022 I will only buy it and not sell it.
wow so you are holding now for at least 2 years? and have you bought when the price drops to 15k ? that is truly amazing chance that I missed because there are certain problem about funds when it happened and I cannot purchase any amount until the price rose back again to above 20k.Much easier said than done. What kind of patience and discipline do you need to have to wait for the $100k mark? Not everyone can do this. I personally am not given this. I am not endowed with patience. I understand perfectly well that I need to work on myself in this regard, but it turns out so-so. To be honest, I have already tried quite a lot of different techniques in this matter, but the result is still disappointing.
congrats for that.
and please continue Holding now and lets enjoy the process while waiting for our victory when bitcoin finally reached 100k and above.
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
TBH, I just buy and hold bitcoin when the price goes down and will hold until bullish season the next year.
Yeah I will hold untill bull market, But I also do daily trading to gain daily profit.
If you asked How often to buy bitcoin, not often.
Just see the market condition, when down I will buy more and hold.
Almost, I don't perceive a DCA strategy. Everyone praises it, forgetting one thing. What if the price is at its peak (let's say a year)? Will you buy? Thank you, I'd rather refrain from this venture.DCA is only used to accumulate Bitcoin as much as possible until the bull run comes. Investing during a bull run doesn't mean that you should keep investing even when the prices are at their highest. When you sense that the prices will soon reach a new ATH or a correction is imminent, it's not the right time to buy more. At that stage, the goal should be to take our profits instead of buying more. Those who use the DCA method are likely to know this already. They are probably not focusing on investing but also consider making a profit.
I buy only when the price is at least -20% from its high. You never know where the bottom was. If there is instability in life, it is better to give up any kind of investing. I believe that investing makes life worse for most. There are no guarantees that you will receive a stable income.
P.S. Exclusively my strategy, how you act - decide for yourself. Do not forget to fix the income. 8)
DCA is only used to accumulate Bitcoin as much as possible until the bull run comes. Investing during a bull run doesn't mean that you should keep investing even when the prices are at their highest. When you sense that the prices will soon reach a new ATH or a correction is imminent, it's not the right time to buy more. At that stage, the goal should be to take our profits instead of buying more. Those who use the DCA method are likely to know this already. They are probably not focusing on investing but also consider making a profit.If you are timing your buys, are you even doing DCA? I mean, the point of using DCA is so you don't have to follow the market and obsses everyday about the price, and if you start doing that by avoiding buying when price is high, you are negating one of the main advantages of DCA.
If you are timing your buys, are you even doing DCA? I mean, the point of using DCA is so you don't have to follow the market and obsses everyday about the price, and if you start doing that by avoiding buying when price is high, you are negating one of the main advantages of DCA.
I personally keep buying on the regular basis no matter the current price. It used to be every 2 weeks, but now with the increased fees I am doing it once per month on the specific date no matter the price.
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
TBH, I just buy and hold bitcoin when the price goes down and will hold until bullish season the next year.
Yeah I will hold untill bull market, But I also do daily trading to gain daily profit.
If you asked How often to buy bitcoin, not often.
Just see the market condition, when down I will buy more and hold.
I have bought the Bitcoin already when the price was low, and will still hold it until next year. I will hold it after the bull season, after the second quarter of next year.
Yes, I use DCA method to make more profit.
You are asking in terms of how regular one buys Bitcoin, not regular. Only when I feel the price is low .
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
This is not about what and how much are we buying but this is about how we can manage to keep with how the market moving .
As I have said, DCA, which is often used, is a type of strategy to increase Bitcoin holdings in the long run. But it does not only mean that you should continue buying Bitcoin without stopping. The very use of DCA is to accumulate Bitcoin in small amounts while its price is low. The decision to stop accumulating Bitcoin depends on the investor himself. It is up to their decision to determine whether they have accumulated enough Bitcoin, or if it's time to take profits from their investment.DCA is only used to accumulate Bitcoin as much as possible until the bull run comes. Investing during a bull run doesn't mean that you should keep investing even when the prices are at their highest. When you sense that the prices will soon reach a new ATH or a correction is imminent, it's not the right time to buy more. At that stage, the goal should be to take our profits instead of buying more. Those who use the DCA method are likely to know this already. They are probably not focusing on investing but also consider making a profit.If you are timing your buys, are you even doing DCA? I mean, the point of using DCA is so you don't have to follow the market and obsses everyday about the price, and if you start doing that by avoiding buying when price is high, you are negating one of the main advantages of DCA.
I personally keep buying on the regular basis no matter the current price. It used to be every 2 weeks, but now with the increased fees I am doing it once per month on the specific date no matter the price.
It is about attitude and character mate , while you cannot Keep the patience on and maybe selling each time , many of us still can handle Holding and those that we believe in what Bitcoin can bring us in the future.wow so you are holding now for at least 2 years? and have you bought when the price drops to 15k ? that is truly amazing chance that I missed because there are certain problem about funds when it happened and I cannot purchase any amount until the price rose back again to above 20k.Much easier said than done. What kind of patience and discipline do you need to have to wait for the $100k mark? Not everyone can do this. I personally am not given this. I am not endowed with patience. I understand perfectly well that I need to work on myself in this regard, but it turns out so-so. To be honest, I have already tried quite a lot of different techniques in this matter, but the result is still disappointing.
congrats for that.
and please continue Holding now and lets enjoy the process while waiting for our victory when bitcoin finally reached 100k and above.
DCA is only used to accumulate Bitcoin as much as possible until the bull run comes. Investing during a bull run doesn't mean that you should keep investing even when the prices are at their highest. When you sense that the prices will soon reach a new ATH or a correction is imminent, it's not the right time to buy more. At that stage, the goal should be to take our profits instead of buying more. Those who use the DCA method are likely to know this already. They are probably not focusing on investing but also consider making a profit.Well, they buy when there is an active bull market. The essence of the strategy is to buy at the same time x-asset (bitcoin in our case). Let's say a year, a person buys (every month) and then we see -30% on the asset. What will happen to the deposit in this case? Better, a few times, but when the asset has made -20-40% of its maximum. It's best not to listen to anyone. The best strategy, buy where everyone is screaming and sell when everyone is expecting 100k for 1 bitcoin.
~lets enjoy the process while waiting for our victory when bitcoin finally reached 100k and above.
Much easier said than done. What kind of patience and discipline do you need to have to wait for the $100k mark? Not everyone can do this. I personally am not given this. I am not endowed with patience.
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
I Have read two opinions above, not easy to be patience.These are just your assumptions and nothing more. I would like such confidence, but for some reason I don’t feel it. It’s much easier for me to go with the flow, that is, to trade at a moment in time following the trend. Why did I choose this approach? There is no such large capital to count on huge profits. How long will it take me to collect enough money to live purely on interest? Wow, this will take me more than one year.
Hold for two years , it's too long but invest in bitcoin is for long term investment ,if you want gain huge profit.
Short term is just alternate method to gain profit.
Wait until bitcoin hit $ 100.
It will happen at the end of this year mate, or maybe beginning next year.
I already bought bitcoin in this moment, because we can see that bitcoin price reach in lower lebel in this time. So i believe that it’s the best time for invest bitcoin. I also use DCA method for invest bitcoin, because it’s the best way for investment. It also more profitable for any investors or holder. I also expect that it’s the best strategic and approach for any investors. So we should be careful and prepared until bull market.The current moment is indeed very good to buy as much Bitcoin as you can because so far the price has collapsed again and provides a very good opportunity for whales to buy again before the Halving approaches. Using the DCA method is not always accurate, Bitcoin price movements are very difficult to predict and of course this is very high risk. What is important for me when trading is being able to control my emotions so that I am not easily influenced by market conditions which might collapse when there is bad news circulating.
How often do you buy and how long do you plan to hold bitcoins?For me, I think all the questions asked have been answered by you. DCA strategy is obviously the best strategy and that's what I have been using and I believe almost all if not half of the fraction of persons in the crypto market is also on use of this method. For the actual time to sell my coins, I think selling when the bull run arrives although it's always tricky to actually know the exact time to sell off coins but for me I know I will definitely sell off during the peak of the bull run and then wait for the bear season that comes after the bull to come so I can start HODLing again.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?I personally don't buy Bitcoin, signature campaign helps me get it through investing my precious time and effort. Duration of hodling might depend on how strong my hand is. 😅 But for now I will just keep it and maybe until 2025 if another ATH will come I think reaping the profit is the best thing to do. It is actually too early to speculate.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?Absolutely! And weekly Bitcoin rewards from signature campaigns may serve as DCA. Yes DCA is profitable and safe.
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???This depends on how much I can accumulate Bitcoins from sigs until bull run comes. Yes and this is my own way of preparing as stated on my first answer above maybe 2025 as it seems the next bull run will probably happen.
Unfortunately, not everyone has a method like yours. Many out there don't know about campaigns like this that can produce Bitcoin without having to buy it, so currently,How often do you buy and how long do you plan to hold bitcoins?I personally don't buy Bitcoin, signature campaign helps me get it through investing my precious time and effort. Duration of hodling might depend on how strong my hand is. 😅 But for now I will just keep it and maybe until 2025 if another ATH will come I think reaping the profit is the best thing to do. It is actually too early to speculate.
How often do you buy and how long do you plan to hold bitcoins?I don't really buy Bitcoin constantly, I just buy Bitcoin whenever I have funds. Sometimes, I only buy Bitcoin 1-2 times a month, I'm waiting for the best time to buy Bitcoin. The current dump seems a good time to buy Bitcoin, it even dropped to $38k. I think it is a good rate to collect more Bitcoin. I predict that the Bitcoin price won't go lower than $38k, it will raise again above $40k very soon.
As at this present moment, I don't expect someone to be on a rush in buying bitcoin except they are putting into consideration with the use of DCA, hence we should wait and see the way the market is going to land before making our investment, as of the recent performance, we have been having a little dip but a resistance has always been raised against $38,000 to maintain it range between $40,000 and above.That's right, I'm in no hurry. Let the price better correct by -20%-35% - then I can consider buying. Don't forget that the market is cyclical. Are you strictly following the DCA strategy? Do you buy every week/month at x-time? Better time to dial position When there will be panic in the market. And everyone will be afraid to buy crypto assets.
I guess this also the right time to keep your investing on bitcoin going. By using DCA strategies to accumulate more because we go to buy the dip, if it dip again I will still buy till the upcoming bullish run. Then you see the profit you will accumulate that time after using the DCA method.This is what I am actually doing right now though I am not buying my Bitcoins because I got it on signature campaigns on different forums that pays Bitcoin on a weekly basis but still I will keep on holding it. Perfect DCA right?
All you got to do just keep on accumulating more BTC and hodl.
I personally don't buy Bitcoin, signature campaign helps me get it through investing my precious time and effort. Duration of hodling might depend on how strong my hand is. 😅 But for now I will just keep it and maybe until 2025 if another ATH will come I think reaping the profit is the best thing to do. It is actually too early to speculate.Not bad ideas with your income from signature campaign hold it for long term and likely the same way with your accumulate bitcoin in weekly, but seems small fund based on your current active signature campaign and you have looking for other side income and use to purchase bitcoin in weekly or you can buy bitcoin in monthly. Its not problem with how long have to hold bitcoin assets depend with your typical diamond hand or not, for me if not any urgency needed will hold and keep save my bitcoin for long term investment assets.
How often do you buy and how long do you plan to hold bitcoins?I don't buy BTC, I never invested my personal money in BTC, I only earned BTC till now. As you know we got payments in BTC and I spend some part of it on my needs and the remaining part is used to hold, as it is already in BTC form so no need to convert. I just hold onto the BTC. The amount I hold in BTC is weekly based, so you can say I am doing DCA. But the amount is not fixed for this.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
Not bad ideas with your income from signature campaign hold it for long term and likely the same way with your accumulate bitcoin in weekly, but seems small fund based on your current active signature campaign and you have looking for other side income and use to purchase bitcoin in weekly or you can buy bitcoin in monthly. Its not problem with how long have to hold bitcoin assets depend with your typical diamond hand or not, for me if not any urgency needed will hold and keep save my bitcoin for long term investment assets.
I didn't buy Bitcoin for quit a long time. but I've been trying my best to earn as much as possible from anywhere I can. i think this is the best thing for now. instead of buying bitcoin using your hard earned money it is better to earn Bitcoin and other altcoins.
Since there is so much earning opportunities in crypto world. i don't think if you are a smart person you would need to invest from your own pocket.
yes converting stablecoins into bitcoin is a good way too.
How often do you buy and how long do you plan to hold bitcoins?I am always inclined to hold until I exceed my target. For this it may be held for a few years or may be fulfilled in a few months. So I would like to say that there is no fixed time allotted for my holding.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?Yes DCA always is a good strategy to decrease risk. it can minimize your risk and can bring a good experience in bitcoin for us. so i am always use DCA Method to invest in crypto.
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???My target is to buy till $50k
My target is to buy till $50kThere seems to be something wrong with what you mentioned. Currently, the price of Bitcoin is at $40k; if you buy at $50k, it seems like it's taking too long to wait. Meanwhile, when you have a target to sell Bitcoin at $100k, there is a chance for it to happen, but it doesn't. Does anyone know when that could happen? The most important thing is to collect as many Bitcoins as you can because the total supply of Bitcoins is increasingly limited and it is increasingly difficult to get them.
and sell after $100k
i believe my target will fulfill in next coming year
How often do you buy and how long do you plan to hold bitcoins?My plans for BTC at the current moment are the same as of the most people, which is to buy them and hold them long enough that I would make 3x to 5x from it. I know making 5x from it is a little bit hard by keeping the current situation in mind but still hoping is good for us. I don't really know what will happen to the BTC price after halving.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?I don't have enough money that I can buy in Lump Sum, so I left no other choice but to do DCA, and DCA is not a bad method to accumulate BTC. Instead I found it the most beneficial method if you are planning to accumulate BTC for a longer period of time.
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???I will invest in BTC until I can and manage my funds, but I might not invest in it till bull run.
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
Currently, the value of Bitcoin has increased significantly. In that case if I buy bitcoin now I will hold it for long term investment. I will wait until the bull market comes. The value of Bitcoin will increase even more in the future, which makes it wise to hold Bitcoin. So I also want to hold Bitcoin.Just few days after your post Bitcoin fall down to 38 k again so better that this is the timing you are waiting to invest more mate?
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
Long term? then you don't have to worry because for sure bitcoin will bring you to top in every 4 years .
but this will happen if you are completely willing to wait for such time and will not fall in wrong decision such shitcoins.
Just few days after your post Bitcoin fall down to 38 k again so better that this is the timing you are waiting to invest more mate?DCA is very effective in these scenarios we won't miss every opportunity especially during the dip.
Long term? then you don't have to worry because for sure bitcoin will bring you to top in every 4 years .Yeah I agree. Patience will be our best partner in this long term investment we have. Actually we cannot hodl Bitcoins for long if we don't have stable source of income because we might end up selling all of it for for some reason.
but this will happen if you are completely willing to wait for such time and will not fall in wrong decision such shitcoins.
I don't have a pattern for buying Bitcoin, I only buy it when I do have extra money to spend on it, and if I don't have any extra, I don't push myself to purchase it. It really depends on my salary and extra income, but I don't have a plan for selling it unless it is needed for an emergency and I don't have money. Right now I will hold it as long as it reaches my target price, but I won't sell it all. I will still hold some of it for the future.It's a good thing to buy if you have extra money which is the same as DCA. Buying or using DCA to accumulate more Bitcoin is a good investment strategy until the bull run comes. Many people, including myself, use this strategy, but the difference is that I make it a priority to invest in Bitcoin, rather than only doing so if I have extra money. I ignore adding money to my investment in the meantime and focus solely on investing. This way, I can increase the quantity of my investment while we are still in the accumulation stage.
It's a good thing to buy if you have extra money which is the same as DCA. Buying or using DCA to accumulate more Bitcoin is a good investment strategy until the bull run comes.DCA, Dollar Cost Averaging, is applicable for bear market and bull market. If you only think DCA is good for bear market, it is wrong because in a bull market, you can do DCA and get profit. The key with DCA is you have to schedule your income, expense and available capital for investment through DCA as well as time length of your investment. You must hold your coins long enough to see DCA helps your investment portfolio grows in value and profit.
My target is to buy till $50kExactly your planing is good. I am also buying Bitcoin and i also buy Bitcoin till April thats means till Bitcoin halving. After halving i will stop buying Bitcoin. And then i will hold it for next bull session i think within 2025 we will saw real bull session. And i then i will sell my Bitcoin which i am Holding.
and sell after $100k
i believe my target will fulfill in next coming year
I didn't buy Bitcoin for quit a long time. but I've been trying my best to earn as much as possible from anywhere I can. i think this is the best thing for now. instead of buying bitcoin using your hard earned money it is better to earn Bitcoin and other altcoins. Since there is so much earning opportunities in crypto world. i don't think if you are a smart person you would need to invest from your own pocket. yes converting stablecoins into bitcoin is a good way too.If it's like a supplemental income, fine. But if it's the main one and the income is small. What is there to live for? I agree that there are a lot of opportunities. But without investing personal funds, it's going to be difficult. Or if I invest my personal funds, am I not a smart person? What about asset diversification?
Let's make it clear. I didn't say that DCA is effective during a bear market only, nor did I say that DCA during a bull run will not make gains in profits. The success of DCA depends on the individual investor's strategy and where they feel most comfortable investing, as well as when they choose to re-enter the market after realizing profits.It's a good thing to buy if you have extra money which is the same as DCA. Buying or using DCA to accumulate more Bitcoin is a good investment strategy until the bull run comes.DCA, Dollar Cost Averaging, is applicable for bear market and bull market. If you only think DCA is good for bear market, it is wrong because in a bull market, you can do DCA and get profit. The key with DCA is you have to schedule your income, expense and available capital for investment through DCA as well as time length of your investment. You must hold your coins long enough to see DCA helps your investment portfolio grows in value and profit.
https://hodl.camp/
Applying DCA with time length of your investment like 5 years is good to get profit and exclude risk of loss.
I want to clarify that I did not state that DCA is only effective during a bear market, nor did I say that using DCA during a bull run will not yield profits. The success of DCA depends on the individual investor's strategy and where they feel most comfortable investing, as well as when they choose to re-enter the market after realizing profits.
actually instead of panicking when there is a drop of price then better to take this chance to buy more , imagine big discount for that moment when after that dump for sure there will be rise again.
Long term? then you don't have to worry because for sure bitcoin will bring you to top in every 4 years .
but this will happen if you are completely willing to wait for such time and will not fall in wrong decision such shitcoins.
that's true, bitcoin will bring to top every 4 years.
So, dont be panic when drop.
But For now, I think we didnt need along time to hold.
We can hold until next year, we will see bullish season.
That's even better to say mate , Keep Holding Bitcoin and try to prevent from engaging in shitcoins.Just few days after your post Bitcoin fall down to 38 k again so better that this is the timing you are waiting to invest more mate?DCA is very effective in these scenarios we won't miss every opportunity especially during the dip.Long term? then you don't have to worry because for sure bitcoin will bring you to top in every 4 years .Yeah I agree. Patience will be our best partner in this long term investment we have. Actually we cannot hodl Bitcoins for long if we don't have stable source of income because we might end up selling all of it for for some reason.
but this will happen if you are completely willing to wait for such time and will not fall in wrong decision such shitcoins.
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
Of course I'm willing to hold until the Bitcoin bull market, so I definitely follow the DCA method when buying Bitcoin. The DCA approach is followed because Bitcoin minimizes losses and helps reduce a lot of risk.
I have kept my investment for two years as per the past halving Bitcoin price will definitely increase in 2025 and I will be ready to reap the benefits. So all invest for long term and all reap the benefits.
This is the most correct approach for investing, and all historical facts confirm this. The main thing is not to miss your chance. I hope that before the end of this year we will be able to assess our capabilities, although the peak of Bitcoin prices is predicted for next year.
I see many investors here prefer DCA when buying bitcoin, I think this is the right way. I also use it all this time. Like. Many people say this method is safer. And we can buy every week , its good way to do.
I see many investors here prefer DCA when buying bitcoin, I think this is the right way. I also use it all this time. Like. Many people say this method is safer. And we can buy every week , its good way to do.The DCA strategy is a popular way to accumulate bitcoins in our portfolio. Especially for investors who have small capital and only rely on their salary to buy bitcoin and aspire to hold bitcoin when it reaches ATH again.
cutIt differs from person to person. One may buy 2 times in one day with less amount of money while another could buy 2 times a month with a larger amount of money. But in order to call it DCA, it needs to be done after a fixed amount of time with a fixed amount of money.
I have long term planning with weekly accumulation for investing in bitcoin, not care with current price on the high or lower because my target keep investing every week until several years later and my financial keep supported for accumulating. I think if some one scare with weekly or monthly for investing and accumulating bitcoin, they will hold their moment for re investing when bitcoin in the higher price and directly difficult to get investment with bitcoin in lower price.Yeah that's a good choice mate, it doesn't really.matter the price you get it or you are using for purchase nor the market movement, just a focus on more accumulation to one's portfolio and that's more of a DCA buying strategy
Make more delay for investing in bitcoin will have bigger opportunity for us investing in bitcoin with lower price, halving have been in front of us and why still scare keep accumulate for investing in bitcoin?
I have long term planning with weekly accumulation for investing in bitcoin, not care with current price on the high or lower because my target keep investing every week until several years later and my financial keep supported for accumulating. I think if some one scare with weekly or monthly for investing and accumulating bitcoin, they will hold their moment for re investing when bitcoin in the higher price and directly difficult to get investment with bitcoin in lower price.Yeah that's a good choice mate, it doesn't really.matter the price you get it or you are using for purchase nor the market movement, just a focus on more accumulation to one's portfolio and that's more of a DCA buying strategy
Make more delay for investing in bitcoin will have bigger opportunity for us investing in bitcoin with lower price, halving have been in front of us and why still scare keep accumulate for investing in bitcoin?
How often do you buy and how long do you plan to hold bitcoins?About once a month, and TBH, I lessened the total amount of Bitcoins that I'm buying because I'm focusing right now on altcoins. In the last 2 years, I heavily investing in Bitcoin, focused on it, and now is the time that I put more money on altcoins that I believe will give me more profit coming bull run. How long do I plan to hold my Bitcoins? I'll sell around 95% of them during the bull run. 5% will be held for a very long time (a gift for my kid maybe).
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?DCA is profitable ONLY IN THE LONG RUN.
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???I might stop buying Bitcoin after the halving event and will focus more on altcoins. How high will I sell it? I'll sell when the price reaches 6 digits and will sell more if it goes even higher. Am I prepared? I'm already prepared since the start of the bear market. :D My hands are ready already for a long time to sell my Bitcoins, and other altcoins. :D
How often do you buy and how long do you plan to hold bitcoins?
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
How often do you buy and how long do you plan to hold bitcoins?I am now investing every week in Bitcoin using the DCA method. Definitely want to hold my investment for the upcoming bull market. If we can invest in bitcoins and stay ahead of the upcoming bull market, then our investment will definitely be successful. Success never comes without hard work or without taking risks. The more you take risks, the more successful you will be. It is not only necessary to invest, but you must align yourself with the investment and move forward for the market. ষ্টওIf you can be accepted as a good investor by holding the investment, then you are a good investor.
Should You Use DCA Method When You Buy Bitcoins Can Bitcoin Investing Using DCA Method Be Profitable?
How high are you planning to invest Bitcoin and sell it, are you prepared to wait until the bull market???
I am now investing every week in Bitcoin using the DCA method. Definitely want to hold my investment for the upcoming bull market. If we can invest in bitcoins and stay ahead of the upcoming bull market, then our investment will definitely be successful. Success never comes without hard work or without taking risks. The more you take risks, the more successful you will be. It is not only necessary to invest, but you must align yourself with the investment and move forward for the market. ষ্টওIf you can be accepted as a good investor by holding the investment, then you are a good investor.Your choice is always to invest in Bitcoin is a very smart choice because the price of Bitcoin will always increase from year to year due to the influence of Bitcoin supply which is increasingly limited and makes it difficult for miners to find Bitcoin. When you have bought it, you should be able to save and record all purchases so that the profits you get can be managed properly.