Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: laijsica on September 26, 2024, 06:46:22 PM
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Most of the new investors show more interest by following the process of buying more bitcoins in lower price trend and wait for possible bearish period which leads to losing huge investment benefits and gradually depleting the money allocated for investment. Similarly, an experienced investor tends to continuously buy Bitcoin at any price because he can predict that the price of Bitcoin will reach a new high in a short period of time, and they tend to become huge whales in the future and tend to hold more.
There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
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Why does it not make sense? If that's the goal for the next 10 years when prices go up, no problem.
People buying at the current price of $65K can be said to be a high price, of course people who buy it expect it to go to $100K in the future.
When bitcoin goes to $100K of course an investor expects $250K in the next cycle, for me there is no need to worry about buying bitcoin at a high price as long as you are still strong enough to hold it.
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Most of the new investors show more interest by following the process of buying more bitcoins in lower price trend and wait for possible bearish period which leads to losing huge investment benefits and gradually depleting the money allocated for investment. Similarly, an experienced investor tends to continuously buy Bitcoin at any price because he can predict that the price of Bitcoin will reach a new high in a short period of time, and they tend to become huge whales in the future and tend to hold more.
There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
It's very difficult to give a definitive answer to this question, even if we only focus on the investment outcome. Although both scenarios involve a rise in BTC price, the appropriate actions differ depending on the specific timing.
If an investor buys BTC during the early or middle stages of a bullrun, meaning BTC price is expected to continue rising significantly, then the investor has made a sound decision.
Conversely, if an investor buys BTC at the end of a bullrun, they will incur losses as soon as the market reverses and may have to wait many years to break even and recover their losses. Unfortunately, this happens frequently, and there are always more losers than winners in the market.
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Does it make sense to buy more at a time when the value of Bitcoin is increasing?
Market cannot be predicted. No investor can tell when bitcoin will rise or fall in price but everyone in the crypto space can clearly tell you that they’re certain that bitcoin will rise in price at some time in the future even without knowing the exact time it’s going to be. They’re very optimistic of bitcoin growth and that’s why they believe it’s going to rise higher than the price they’re buying now.
So waiting for the price to fall in price to some point which they to are not sure if it will ever drop to that price, they’ll just gladly buy at the time they’ve the money to buy more and not wait to speculate for it to come down more or not. Investment in bitcoin before the bullish period or bitcoin attaining a new all time high is very likely profitable, so investing and holding till then is the best thing to do without minding about the price.
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Most of the new investors show more interest by following the process of buying more bitcoins in lower price trend and wait for possible bearish period which leads to losing huge investment benefits and gradually depleting the money allocated for investment. Similarly, an experienced investor tends to continuously buy Bitcoin at any price because he can predict that the price of Bitcoin will reach a new high in a short period of time, and they tend to become huge whales in the future and tend to hold more.
This is actually the best way to invest in bitcoin and make a reasonable profit, we have two seasons which are the bull season and bear season so just have at the back of your mind that the market will never always favor you and there are times that your investment will keep depleting so the best way to invest and make profits is to invest when the price is low during bear season and wait patiently for the bull season. This doesn’t just apply to bitcoin investment but any kind of investment you can think of, tge aim is to make profits so if you don’t invest when the price is low how do you expect to make profits?
There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
I think these are investors who adopt a strategy known as the DCA strategy which allows them to invest in bitcoin no matter the price it is at. It entails investing a fixed amount at regular intervals that way you can accumulate as much as you want without having to worry about the price so far as your plan is to invest for a long period.
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Weak hands always fail to buy when the price of BTC is low, they are weak hands for a reason and that's because they don't believe in BTC, so they would not buy at a low price. However, once the price starts to rise, this same weak hands begin to fomo and then they start buying out of the fear of missing out, this happens all the time and that is why you notice people rushing to buy when there is a pump.
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Does it make sense to buy more at a time when the value of Bitcoin is increasing?
From an ideal sense or rational thinking, buying Bitcoin when the price is increasing does not make any sense. If you choose to buy when the price increases, then what are you busy doing when the price is decreasing?. This is probably a question you should ask someone who indulges in such act that the Bitcoin community call fomo.
But from an investment point of view, it's ideal to buy Bitcoin at every giving opportunity (whether Bitcoin price is increasing or decreasing). When you do this act a regular interval, with a specific amount, then we call it a DCA strategy. It's just a strategy that gives opportunity especially to those that can't make large purchase, so instead they do it often whether the price is increasing or decreasing.
The DCA strategy isn't bad at all, but when an investor choose to only buy when the price of Bitcoin is increasing, then I don't think that's a rational thing to do
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It is not a good practice to buy bitcoin at a high price. But from the example you gave, people buying at $65k are not buying high. Yes, because BTC ATH is around $75k, so it is said to buy high only when you buy above the ATH.
However, on the long run, no one is buying high. This is because someone who has the projection of $100k is free to buy now. Someone who is seeing $150k can still buy at $100k or even $120k. This is how it works because it is difficult to know the bottom.
A good alternative is using the DCA and not stopping until if you have accumulated nice amount and wish to cash out.
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Does it make sense to buy more at a time when the value of Bitcoin is increasing?
No. It is good to buy when the price has fallen very well, not when the price has increased. But if you decide to buy when the price has increased, it would be good to sell very fast because the price can start to fall again. I prefer to remain patient and buy at low price.
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The DCA strategy isn't bad at all, but when an investor choose to only buy when the price of Bitcoin is increasing, then I don't think that's a rational thing to do
should buy when the price drops to touch the strongest support and it would be a good buy to support a more perfect DCA.
When prices are rising not supposed to add to the load in the bag, it is time to look at where the market is going.
If the main price target has not been reached, just wait and see where the price will stop.
Perhaps a repurchase will occur immediately after the increase, as there will be a decline after that.
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Does it make sense to buy more at a time when the value of Bitcoin is increasing?
No, it doesn't make any sense to buy more Bitcoin when its value is increasing, because it can drop once again and will have frequent price corrections. The best time to buy Bitcoin and increase your accumulation is when it gets a huge dip.
I personally follow DIP+DCA strategy and so far I have made enough profits with that already, and at the same time I have increased the number of accumulative coins overtime. I guess most investors who are successful investors of Bitcoin are following the same strategy.
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The DCA strategy isn't bad at all, but when an investor choose to only buy when the price of Bitcoin is increasing, then I don't think that's a rational thing to do
should buy when the price drops to touch the strongest support and it would be a good buy to support a more perfect DCA.
When prices are rising not supposed to add to the load in the bag, it is time to look at where the market is going.
If the main price target has not been reached, just wait and see where the price will stop.
Perhaps a repurchase will occur immediately after the increase, as there will be a decline after that.
Based on the habits that we observe when the price of bitcoin experiences a high increase, bitcoin will experience a correction and a sharp decline, that is the best time to buy bitcoin to hold. this always repeats in every cycle so we just have to wait patiently, if the price we buy is still low from the market price, it is better to hold until the price goes up again if you want to sell it, because the price of popular coins, top coins will increase when the price of bitcoin goes up.
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Does it make sense to buy more at a time when the value of Bitcoin is increasing?
Well, the best time to buy bitcoin is when the price is down, and not when it's increasing, but most people, specially speculators tend to like to enter the market when the coin or token is making some upward movements, they buy at that time with the hope that the price will go ip further far from their entry price, and they can sell it and make quick profit.
Some of those who engage in this type of investing believe that buying when the price of the asset is down, and waiting for it to rise is tieing money down which they could have used for other important things, so they prefer to fomo rather than invest early and easily cash in when price of the asset starts rising.
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Does it make sense to buy more at a time when the value of Bitcoin is increasing?
Bitcoin investment is best for long-term and as an investor, buying at any entry is not a bad idea so far the goal is to keep buying continuesly overtime with a specific amount you can afford to buy with at that point in time and the good thing about the method of buying continuesly is that whether the price drops or goes up you'll still benefit cause inasmuch as the investor experienced a dip while using that particular method (DCA) you'll definitely cover your loses when their's an upsurge therefore investors shouldn't really bother much about the price of Bitcoin but focus on accumulating more for future purpose, those who wait for the dip to buy and take profits shortly when it rises again are not good investor, a good Bitcoin investor thinks long-term, you can take profits after a circle and continue again or stay for more years until it sets a better ATH and take profits then, that's why you see whales like Michael Saylor and some others buying more Bitcoin and holding instead of selling in a short period after buying.
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I believe that only time can teach each person this kind of behavior
the logic is this, but when we are newbies we have a great fear of buying at the low, after all the vast majority are pessimistic about Bitcoin and the person comes to believe that it will be the end of Btc
after a few years of trading cryptos I've learned to be more calm, patient and cool in order to buy at bad times and hol
Everytime btc do ath or a good moment, people enter into FOMO mode and buy at any price ;D
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it does increase the hype andthe FOMO surrounding bitcoin. But it could be that you would be buying into a top so you should be careful and manage the risk with it. So I suggest that you look at it in a longer term perspective and see that it could be a great opportunity for you.
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There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
Everyone's way of thinking is different, it could be that the price is cheap for big investors, it could still be considered a high price for small investors.. there are still many considerations, such as order volume, or it could also be long-term projections, or it could also be influenced by psychological settings... I myself find it difficult to understand it but they are more successful than me... that means the way they see opportunities is a little different from the rest of us...
There is nothing wrong with each strategy, because this is very relative based on the thoughts of different people...
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there are still many considerations, such as order volume, or it could also be long-term projections, or it could also be influenced by psychological settings...
Another factor that is not mentioned is whales have a bigger risk tolerance. I think their large capital helped them prepare more so they don't fall for fake out as often as retail traders. Because they can stomach less, they have more opportunities to gain more by being patient, using better trading tools, and so on. Maybe that's why copy trading is still a thing nowadays because people want to follow their move without doing much research, even though their capital is significantly smaller.
In regards to Bitcoin investment though, I find that retail traders, at least those that I know of, tend to buy at the top instead. We'll see if that changes after they're familiar with the market or not.
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There is no problem actually when someone would be buying BTC when the price is already high as long as he would HODLING to it and never sell when the price is lower...that is essentially a big suicide and is not the best way to do business. Buy HIGH and sell LOW is just what we should be avoiding...this is a big slap on our face and maybe it would be better to never buy at all. Now, it is unfortunate that some people would be going along with the crowd and never have a plan or roadmap of what he is doing in the cryptocurrency market. Senseful investors will always BUY LOW, SELL HIGH. In case, the price is already high, one has to wait when it would already be possible to make ROI. As always never be allowed to be taken grip by FOMO and be swayed by opinions of others to one's detriment.
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Based on the habits that we observe when the price of bitcoin experiences a high increase, bitcoin will experience a correction and a sharp decline, that is the best time to buy bitcoin to hold. this always repeats in every cycle so we just have to wait patiently, if the price we buy is still low from the market price, it is better to hold until the price goes up again if you want to sell it, because the price of popular coins, top coins will increase when the price of bitcoin goes up.
yes, you just need to wait and survive if we already have BItcoin at a fairly cheap price.
But some people can't hold back for the long term because they panic too much for a pretty sharp decline.
You should have spare money to buy back instead of having to panic selling at a low price.
Now Bitcoin has broken through the $65k price and this could be a good indication to start a new ATH that can be crossed soon.
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There is no problem actually when someone would be buying BTC when the price is already high as long as he would HODLING to it and never sell when the price is lower...that is essentially a big suicide and is not the best way to do business. Buy HIGH and sell LOW is just what we should be avoiding...this is a big slap on our face and maybe it would be better to never buy at all. Now, it is unfortunate that some people would be going along with the crowd and never have a plan or roadmap of what he is doing in the cryptocurrency market. Senseful investors will always BUY LOW, SELL HIGH. In case, the price is already high, one has to wait when it would already be possible to make ROI. As always never be allowed to be taken grip by FOMO and be swayed by opinions of others to one's detriment.
I think this topic is very essential for cryptocurrency users. It also very helpful for new users in our from. Because we know that crypto currency market is always depending on high or low. We also know that generally when bitcoin price is increase then we sell our crypto, and when the market will be down than we buy crypto in cryptocurrency market. But another we saw that some investors wil buy bitcoin when market price will high. So i believe that it is also be wrong decision for crypto currency market, which can be a source of big loss.
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New investors in Bitcoin mostly lose money because they buy when prices are low and sell when prices rise but when there big comes they get panic and sell Bitcoin in loss. Meanwhile experienced investors know Bitcoin value will increase over time so they buy regularly no matter what price is. Some experienced investors even buy more when prices go up expecting prices to rise further.
This might seem strange to newcomers but it makes sense if you understand market and plan carefully. To succeed in Bitcoin investing newcomers should learn about market set clear goals and avoid impulsive decisions and be patient.
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I think for people or investors who still buy when when Bitcoin's price is increasing are looking for long term investments or they are using strategies that will be able to gain profit even in an increasing prices. This strategy is quite common for newer investors but most of the time it results in losses as they don't have enough knowledge what will gonna happen the next days that is why it sometimes end up cutting loss or funds getting pinned for a while. If we really know what we are doing then I assume that will be on our favor because if not then that's a terrible decision.
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I think for people or investors who still buy when when Bitcoin's price is increasing are looking for long term investments or they are using strategies that will be able to gain profit even in an increasing prices.
As much as we say and it is true that it's ok to buy bitcoin at anytime, it's still better to buy at a lower price since it keeps you in profit for a larger margin when there are little fluctuations in price. Bitcoin is currently on a pump. And I believe there is nothing wrong in buying now since it's very much possible for the pump to take us to probably $70k sooner. Anyways it's better if same investor had bought bitcoin later than now especially when we experienced a drop a couple of weeks back.
And just like you said , any investor who proceeds to buying now would have to HODL longer to make sure they probably sell at a little higher profit instead of some value around the exact price they bought.
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Does it make sense to buy more at a time when the value of Bitcoin is increasing?
Of course not. At what point is it more sensible to buy something at a more expensive price when you can buy it at a much cheaper price? All you are doing is spending unnecessary extra money when you can save this if you just wait for bitcoin to dip a bit. Other people want to buy bitcoin when it is rising because they want to be included to it rising but you should have bought bitcoin way before it started rising. This way you will maximize your profits.
Don’t try to catch what is already rising. Get ahead of everyone else.
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Most of the new investors show more interest by following the process of buying more bitcoins in lower price trend and wait for possible bearish period which leads to losing huge investment benefits and gradually depleting the money allocated for investment. Similarly, an experienced investor tends to continuously buy Bitcoin at any price because he can predict that the price of Bitcoin will reach a new high in a short period of time, and they tend to become huge whales in the future and tend to hold more.
There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
The Bitcoin market is full of volatility and it is very difficult to understand the market. Assuming that the Bitcoin market is currently in a fairly pumping state, no one can say exactly which direction the market will go at this time. In such a situation, a person or an investor will not buy Bitcoin, wait for a lower price to buy. what will you say. Now market will not go up but down no one can say right so bitcoin market can be bought from any condition but best to invest using DCA method if DCA method can be used to invest in that case get much success in investment goes If the market goes down, then there is no dilemma.
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Bitcoin is not like forex trading currency. It is more depend on speculation. I believe that people who have less money can keep some bitcoins in their wallet. There is not fixed time when to buy as it is not fixed rate. Its price always variable depend on Gold and economy situation. I have seen that last 7 years bitcoin price goes up. So, if you have some residual money which you can afford to lose then you must hold that coin. Bear Season and Bull Season are not actually predicted to buy for any crypto coins. You must learn that you have risks and study the situation.
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it does increase the hype andthe FOMO surrounding bitcoin. But it could be that you would be buying into a top so you should be careful and manage the risk with it. So I suggest that you look at it in a longer term perspective and see that it could be a great opportunity for you.
I think it can be a much riskier investment for small investors as their purchase volume is very limited which is an opportunity for large investors to make huge profits in short time spans. I agree with you that long term investment is much less risky which can be an ideal investment vehicle for investors of any stage.
Bitcoin is not like forex trading currency. It is more depend on speculation. I believe that people who have less money can keep some bitcoins in their wallet. There is not fixed time when to buy as it is not fixed rate. Its price always variable depend on Gold and economy situation. I have seen that last 7 years bitcoin price goes up. So, if you have some residual money which you can afford to lose then you must hold that coin. Bear Season and Bull Season are not actually predicted to buy for any crypto coins. You must learn that you have risks and study the situation.
Keep depositing bitcoins regularly if you have discretionary income. The amount of bitcoins in your wallet can give you multiple profits over the next 4-10 years, so it is better to tend to DCA instead of keeping particular amounts. This approach shows average value in your portfolio through long-term management which tends to increase your profit margin.
Any investment you make requires you to make investment decisions based on assumptions. Although Bitcoin is a volatile asset, long-term DCA allows you to have a large Bitcoin holding and high profit potential.
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There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
If you're buying when the price is moving, then you are on FOMO, feeling or fear of missing out, its better to buy Bitcoin when people are selling because of fear and when you have the funds to do not because you are forced by FOMO.
FOMO is something you should not do, because there is a risk attach to it, buy only if you can and you are comfortable doing so.
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Don’t try to catch what is already rising. Get ahead of everyone else.
Wise investor of Bitcoin know when to buy to maximize their possible profits...the problem is that newbies and overexcited new investors maybe not yet knowledgeable on the very history of Bitcoin so they are hyped and just do what others can be doing. As advised all the time to investors: buy Bitcoin when there is a dip. Now, in case, there is no dip then adopt the DCA strategy and then hodl for the long-term because eventually we can all get profitable by then. Never listen to what others can be saying and never made a decision based on FEAR as this alone can be a great destroyer of our financial future ...believe me I was there too and I regretted those days. Right now, there is still a good opportunity to get into Bitcoin or to add more as there will certainly be a big bull run coming in 2025 (just my speculation, anyway).
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There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
If you're buying when the price is moving, then you are on FOMO, feeling or fear of missing out, its better to buy Bitcoin when people are selling because of fear and when you have the funds to do not because you are forced by FOMO.
FOMO is something you should not do, because there is a risk attach to it, buy only if you can and you are comfortable doing so.
FOMO trend can cause many investors to miss important events such as a downward trend during a price correction. Investors think they will buy at more dips but their expectations slowly swim to an uptrend. I like to look at buying trends in every price trend because if an investor values holding, they should tend to accumulate regardless of price.
I believe that every investment involves risk, so investors should always consider buying consistently and long-term, regardless of price.
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There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
If you're buying when the price is moving, then you are on FOMO, feeling or fear of missing out, its better to buy Bitcoin when people are selling because of fear and when you have the funds to do not because you are forced by FOMO.
FOMO is something you should not do, because there is a risk attach to it, buy only if you can and you are comfortable doing so.
FOMO trend can cause many investors to miss important events such as a downward trend during a price correction. Investors think they will buy at more dips but their expectations slowly swim to an uptrend. I like to look at buying trends in every price trend because if an investor values holding, they should tend to accumulate regardless of price.
I believe that every investment involves risk, so investors should always consider buying consistently and long-term, regardless of price.
Totally. If you have a skin for some big coin, especially for a reliable one - you would buy in no matter the price in lumps.
If not, then do it more diversely, and you will still be in profit in the long run.
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There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
If you're buying when the price is moving, then you are on FOMO, feeling or fear of missing out, its better to buy Bitcoin when people are selling because of fear and when you have the funds to do not because you are forced by FOMO.
FOMO is something you should not do, because there is a risk attach to it, buy only if you can and you are comfortable doing so.
FOMO trend can cause many investors to miss important events such as a downward trend during a price correction. Investors think they will buy at more dips but their expectations slowly swim to an uptrend. I like to look at buying trends in every price trend because if an investor values holding, they should tend to accumulate regardless of price.
I believe that every investment involves risk, so investors should always consider buying consistently and long-term, regardless of price.
buying consistently, long term and regardless of price can be done with the DCA method, but the DCA method must be done before the bullish season so we must care about the price when buying.
because when the price starts to go high it doesn't feel right if we still buy with the DCA method, it's better to wait until the market corrects before we make a purchase.
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buying consistently, long term and regardless of price can be done with the DCA method, but the DCA method must be done before the bullish season so we must care about the price when buying.
because when the price starts to go high it doesn't feel right if we still buy with the DCA method, it's better to wait until the market corrects before we make a purchase.
Indeed, the DCA method is a good approach to long term investment wherein one can invest at fixed equal amounts over a long period of time, however, there are matters of timing that need to be taken care off while making the purchases. It is always a good idea to watch the relative market prices prior to the onset of the ‘bull’ period to properly capitalize on the value yielded from the funding. Which means that when prices have gone up so high, it may be wiser to wait until the market dips before continuing to purchase the securities. In that way, there are good chances to reach the maximal profits and minimize the risk to buy on the top of the price.
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buying consistently, long term and regardless of price can be done with the DCA method, but the DCA method must be done before the bullish season so we must care about the price when buying.
because when the price starts to go high it doesn't feel right if we still buy with the DCA method, it's better to wait until the market corrects before we make a purchase.
Indeed, the DCA method is a good approach to long term investment wherein one can invest at fixed equal amounts over a long period of time, however, there are matters of timing that need to be taken care off while making the purchases. It is always a good idea to watch the relative market prices prior to the onset of the ‘bull’ period to properly capitalize on the value yielded from the funding. Which means that when prices have gone up so high, it may be wiser to wait until the market dips before continuing to purchase the securities. In that way, there are good chances to reach the maximal profits and minimize the risk to buy on the top of the price.
As far as I know, if you are going to used DCA, you should not be emotionally attached on the price, that's why you just keep on buying per week or per month depending on you budget. And that is the keyword there "average". So regardless of the price, you will have to continue buying and look at the long term. Even if it is going up, you can still uses this strategy. Unless you are that investors who are looking at the lowest point and then buy in bulk. For DCA it's not going to be a issue whether the price is low or the price is high, just saying.
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buying consistently, long term and regardless of price can be done with the DCA method, but the DCA method must be done before the bullish season so we must care about the price when buying.
because when the price starts to go high it doesn't feel right if we still buy with the DCA method, it's better to wait until the market corrects before we make a purchase.
Indeed, the DCA method is a good approach to long term investment wherein one can invest at fixed equal amounts over a long period of time, however, there are matters of timing that need to be taken care off while making the purchases. It is always a good idea to watch the relative market prices prior to the onset of the ‘bull’ period to properly capitalize on the value yielded from the funding. Which means that when prices have gone up so high, it may be wiser to wait until the market dips before continuing to purchase the securities. In that way, there are good chances to reach the maximal profits and minimize the risk to buy on the top of the price.
People buy in lumps or by DCA - it depends on what budget and income you have and the targets on your mind.
Of course, it's beneficial to buy when the price is lower, but most of the time, you wouldn't be able to see how it would change in the future.
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People buy in lumps or by DCA - it depends on what budget and income you have and the targets on your mind. Of course, it's beneficial to buy when the price is lower, but most of the time, you wouldn't be able to see how it would change in the future.
I would prefer to buy when there is a dip so I can save some money though DCA can really be attractive so maybe a combination of the two can still be achieved by anyone really serious in getting more Bitcoin for future use. Of course, we are all assuming here that we are right in assuming that Bitcoin will eventually win after some years of HODLING the asset. With good historical precedents we can be assured that Bitcoin will be giving us the kind of ROI we are looking for.
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Most of the new investors show more interest by following the process of buying more bitcoins in lower price trend and wait for possible bearish period which leads to losing huge investment benefits and gradually depleting the money allocated for investment. Similarly, an experienced investor tends to continuously buy Bitcoin at any price because he can predict that the price of Bitcoin will reach a new high in a short period of time, and they tend to become huge whales in the future and tend to hold more.
Why would a newbie will wait for a bearish period? And yeah newbies tend to exit the market when they saw their money being depleting as they panic sell and speaking of experienced investors too they don't tend to buy BTC by DCA as they also have limits and have to arrange funds, if we take examples of small investors to big investors they all invest after some time and yeah they really don't care for the price last I check big Daddy book author bought some BTC at $70k when last time market pumped.
And MS is also buying BTC after intervals and they don't care for the price because their plans are big. I also thought at first these dudes are idiot they are buying high but then realized their plans are big means they are planning to hold their funds for years.
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Most of the new investors show more interest by following the process of buying more bitcoins in lower price trend and wait for possible bearish period which leads to losing huge investment benefits and gradually depleting the money allocated for investment. Similarly, an experienced investor tends to continuously buy Bitcoin at any price because he can predict that the price of Bitcoin will reach a new high in a short period of time, and they tend to become huge whales in the future and tend to hold more.
Why would a newbie will wait for a bearish period? And yeah newbies tend to exit the market when they saw their money being depleting as they panic sell and speaking of experienced investors too they don't tend to buy BTC by DCA as they also have limits and have to arrange funds, if we take examples of small investors to big investors they all invest after some time and yeah they really don't care for the price last I check big Daddy book author bought some BTC at $70k when last time market pumped.
And MS is also buying BTC after intervals and they don't care for the price because their plans are big. I also thought at first these dudes are idiot they are buying high but then realized their plans are big means they are planning to hold their funds for years.
Buying and planning to hold for years should wait for bitcoin to correct, not buying at a price of $ 70K, but everyone has their own considerations. It can't be said that it's stupid, it's just not right in my opinion, the possibility of bitcoin prices falling below $ 70K next week, why don't they wait a while until a correction occurs.
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Why would a newbie will wait for a bearish period? And yeah newbies tend to exit the market when they saw their money being depleting as they panic sell and speaking of experienced investors too they don't tend to buy BTC by DCA as they also have limits and have to arrange funds, if we take examples of small investors to big investors they all invest after some time and yeah they really don't care for the price last I check big Daddy book author bought some BTC at $70k when last time market pumped.
Newbies in crypto, some of them, with high panic levels, and no knowledge = losing money so easily. and this is a fact that often happens. because they enter crypto, based on FOMO - but they don't understand at all what they should do next. still lucky if they are tempted to take profits when the price goes up, but if they are very greedy and expect more, but in the end the opposite is true, the market is bearish, well, panic will hit and they will cut losses as they please
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Why would a newbie will wait for a bearish period? And yeah newbies tend to exit the market when they saw their money being depleting as they panic sell and speaking of experienced investors too they don't tend to buy BTC by DCA as they also have limits and have to arrange funds, if we take examples of small investors to big investors they all invest after some time and yeah they really don't care for the price last I check big Daddy book author bought some BTC at $70k when last time market pumped.
Newbies in crypto, some of them, with high panic levels, and no knowledge = losing money so easily. and this is a fact that often happens. because they enter crypto, based on FOMO - but they don't understand at all what they should do next. still lucky if they are tempted to take profits when the price goes up, but if they are very greedy and expect more, but in the end the opposite is true, the market is bearish, well, panic will hit and they will cut losses as they please
Lack of knowledge and experience from New Bies and entering the market because of Fomo, there is a possibility that there will be a loss because the crypto market is difficult to guess. Especially when they are greedy, expecting a higher profit, they will not observe the market movement and do not have a good analysis, the results they will lose money if they are late in selling and prices decrease.
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Why would a newbie will wait for a bearish period? And yeah newbies tend to exit the market when they saw their money being depleting as they panic sell and speaking of experienced investors too they don't tend to buy BTC by DCA as they also have limits and have to arrange funds, if we take examples of small investors to big investors they all invest after some time and yeah they really don't care for the price last I check big Daddy book author bought some BTC at $70k when last time market pumped.
Newbies in crypto, some of them, with high panic levels, and no knowledge = losing money so easily. and this is a fact that often happens. because they enter crypto, based on FOMO - but they don't understand at all what they should do next. still lucky if they are tempted to take profits when the price goes up, but if they are very greedy and expect more, but in the end the opposite is true, the market is bearish, well, panic will hit and they will cut losses as they please
Lack of knowledge and experience from New Bies and entering the market because of Fomo, there is a possibility that there will be a loss because the crypto market is difficult to guess. Especially when they are greedy, expecting a higher profit, they will not observe the market movement and do not have a good analysis, the results they will lose money if they are late in selling and prices decrease.
This happens to short-term investors who want to trade with their limited holdings and take high risks. Every investor should ensure proper use of his assets through market analysis such as building a decent holding by buying in bearish price trends and taking care of his holdings in bullish times or tending to diversify the portfolio.
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Why would a newbie will wait for a bearish period? And yeah newbies tend to exit the market when they saw their money being depleting as they panic sell and speaking of experienced investors too they don't tend to buy BTC by DCA as they also have limits and have to arrange funds, if we take examples of small investors to big investors they all invest after some time and yeah they really don't care for the price last I check big Daddy book author bought some BTC at $70k when last time market pumped.
Newbies in crypto, some of them, with high panic levels, and no knowledge = losing money so easily. and this is a fact that often happens. because they enter crypto, based on FOMO - but they don't understand at all what they should do next. still lucky if they are tempted to take profits when the price goes up, but if they are very greedy and expect more, but in the end the opposite is true, the market is bearish, well, panic will hit and they will cut losses as they please
Lack of knowledge and experience from New Bies and entering the market because of Fomo, there is a possibility that there will be a loss because the crypto market is difficult to guess. Especially when they are greedy, expecting a higher profit, they will not observe the market movement and do not have a good analysis, the results they will lose money if they are late in selling and prices decrease.
One reason why someone will buy while the market is bearish is if they know the market is already oversold and it could start rising in the coming weeks where these buyers are going to be holding for a long time.
But majority of us I think will consider buying back only when it's confirmed the bull market has already arrived. We're just riding the pump most of the time.
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buying consistently, long term and regardless of price can be done with the DCA method, but the DCA method must be done before the bullish season so we must care about the price when buying.
because when the price starts to go high it doesn't feel right if we still buy with the DCA method, it's better to wait until the market corrects before we make a purchase.
There is nothing that is better than DCA when you miss the opportunity to stack your coins at lower price, the market always has a way it does it things and balance out whether you do it when the price is ascending or when the price is descending. It's not even advisable to buy coins at once, learn to buy them in every resistance or support.
I get scared these days because of this strategy. Dollar cost average is really good for Bitcoin because over time Bitcoin has been moving but I can't say for altcoins. Generally, the chart has been the same even Ethereum doesn't seem to be going and I wonder is the faith of the people that has been doing DCA all his while.
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Newbies in crypto, some of them, with high panic levels, and no knowledge = losing money so easily. and this is a fact that often happens. because they enter crypto, based on FOMO - but they don't understand at all what they should do next. still lucky if they are tempted to take profits when the price goes up, but if they are very greedy and expect more, but in the end the opposite is true, the market is bearish, well, panic will hit and they will cut losses as they please
So you are saying they will not wait for bearish cycle but they will met bearish cycle due to their greed and no knowledge about the crypto. If that's the case then it's understandable but the OP did not tried to said that, as he said most of the newbies wait for the bearish mode. That's why i asked why they wait for the bearish mode while after investing should not they be waiting for the bullish mode.
Newbies with no knowledge and investing in BTC and expecting more from a profitable trade is just so idiotic they must know their limits but how would they I mean if they would have some knowledge then they will know their limits but now they don't so.
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There is nothing that is better than DCA when you miss the opportunity to stack your coins at lower price, the market always has a way it does it things and balance out whether you do it when the price is ascending or when the price is descending. It's not even advisable to buy coins at once, learn to buy them in every resistance or support.
i don’t think anyone should be buying at a resistance level i can’t think of any strategy that would benefit from buying when the market is close to setting a new ath maybe there will be more chances of profit at that point but shouldn’t you try to maximize it by buying at the lowest price possible?
I get scared these days because of this strategy. Dollar cost average is really good for Bitcoin because over time Bitcoin has been moving but I can't say for altcoins. Generally, the chart has been the same even Ethereum doesn't seem to be going and I wonder is the faith of the people that has been doing DCA all his while.
i just do dca with bitcoin because i want to hold mostly bitcoin but it is the most expensive so i try to pace myself and only buy during the right times
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Does it make sense to buy more at a time when the value of Bitcoin is increasing?
If Bitcoin has not yet entered into bull run then you can buy and hold but when bitcoin has entirely entered bull run then it's not advisable, because the price may likely drop after the bull run passes except you are only holding for short term whereby you would sell immediate you gained some little profit from the investment, or you would hold for another 4 years where bitcoin would have to complete it's circle.
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There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
There is nothing bad in that and it just has to do with your financial management and how you understand the market more. For those that buy as it is rising may be as a result of FOMO, and won’t want to miss out on the big price bitcoin is actually approaching in the future. For those that engage in buying in that format, they will also get their reward later as they’re also holding for long. There advantage will also come in handy when another investor who is just new into the market buys at a price higher than what they’ve been buying as a result of the market not retracing back to that amount the older investor already bought. The market is very unpredictable and some people will not want to miss out and become an “had I know” kind of scenario for them in the future.
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There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
There is nothing bad in that and it just has to do with your financial management and how you understand the market more. For those that buy as it is rising may be as a result of FOMO, and won’t want to miss out on the big price bitcoin is actually approaching in the future. For those that engage in buying in that format, they will also get their reward later as they’re also holding for long. There advantage will also come in handy when another investor who is just new into the market buys at a price higher than what they’ve been buying as a result of the market not retracing back to that amount the older investor already bought. The market is very unpredictable and some people will not want to miss out and become an “had I know” kind of scenario for them in the future.
True. This also happened to me and I just leave it there after buying even if prices will drop I just wait for it to come back up. But the best way to make it profitable is non other than DCA and that if you are having the capital because you need to be ready everytime the price will change since you keep on buying until you will get the lowest pullbacks.
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There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
There is nothing bad in that and it just has to do with your financial management and how you understand the market more. For those that buy as it is rising may be as a result of FOMO, and won’t want to miss out on the big price bitcoin is actually approaching in the future. For those that engage in buying in that format, they will also get their reward later as they’re also holding for long. There advantage will also come in handy when another investor who is just new into the market buys at a price higher than what they’ve been buying as a result of the market not retracing back to that amount the older investor already bought. The market is very unpredictable and some people will not want to miss out and become an “had I know” kind of scenario for them in the future.
I also sometimes buy during FOMO for some coins that I think have good potential but for short-term investment, I buy and sell when I still have FOMO to make a profit. because in investing in crypto we can take advantage of trends to make a profit.
Usually I buy meme coins for short-term investment during FOMO and sell them immediately.
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There are many experienced investors against the trend who tend to buy more when the price of Bitcoin rises and make more hold which can be surprising to new investors. I have seen many investors in my experience who buy more when the price of Bitcoin rises.
Does it make sense to buy more at a time when the value of Bitcoin is increasing?
There is nothing bad in that and it just has to do with your financial management and how you understand the market more. For those that buy as it is rising may be as a result of FOMO, and won’t want to miss out on the big price bitcoin is actually approaching in the future. For those that engage in buying in that format, they will also get their reward later as they’re also holding for long. There advantage will also come in handy when another investor who is just new into the market buys at a price higher than what they’ve been buying as a result of the market not retracing back to that amount the older investor already bought. The market is very unpredictable and some people will not want to miss out and become an “had I know” kind of scenario for them in the future.
I also sometimes buy during FOMO for some coins that I think have good potential but for short-term investment, I buy and sell when I still have FOMO to make a profit. because in investing in crypto we can take advantage of trends to make a profit.
Usually I buy meme coins for short-term investment during FOMO and sell them immediately.
You may not call yours FOMO again but maybe an understanding of the market, flowing with the trend of the market. I think most people that fall for FOMO end up losing more because greed will set in and that is another big tool that makes a lot of investors lose money when trying to invest. If you’ve been able to fight your greed and still go ahead to make profit from altcoins even when you have some feeling of not FOMO, it may be regarded as a a smart way to play with the market and flow with its trend. A newbie investor won’t get this right always and will be discouraged early to leave the market as a result of the many losses they may have accrued.
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I also sometimes buy during FOMO for some coins that I think have good potential but for short-term investment, I buy and sell when I still have FOMO to make a profit. because in investing in crypto we can take advantage of trends to make a profit.
Usually I buy meme coins for short-term investment during FOMO and sell them immediately.
This is the reason why I frown at short term investment, especially when it comes to a reputable project like bitcoin. Its best to go full and hold your coins for a long period of time as history has in time past proven how profitable bitcoin can be. Though lots of investors thinks bitcoin can no longer give a huge profit to its holders but the truth is, so long as butcoin stands, the demand always supercedes the limited supply which make it more profitable to hold for the future. There are lots of halving to be experienced and all of these halvings is likely to break a new all time high.
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Mistake
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If Bitcoin has not yet entered into bull run then you can buy and hold but when bitcoin has entirely entered bull run then it's not advisable, because the price may likely drop after the bull run passes except you are only holding for short term whereby you would sell immediate you gained some little profit from the investment, or you would hold for another 4 years where bitcoin would have to complete it's circle.
Weak hands always fail to buy BTC when the price is low and when the bull run has not started, but once BTC begins to rise and we are now in a bull run, they start fomo buying. It is better to buy BTC when the price is low and hold it until the bull run comes, this way you can make more returns.
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I also sometimes buy during FOMO for some coins that I think have good potential but for short-term investment, I buy and sell when I still have FOMO to make a profit. because in investing in crypto we can take advantage of trends to make a profit.
Usually I buy meme coins for short-term investment during FOMO and sell them immediately.
This is the reason why I frown at short term investment, especially when it comes to a reputable project like bitcoin. Its best to go full and hold your coins for a long period of time as history has in time past proven how profitable bitcoin can be. Though lots of investors thinks bitcoin can no longer give a huge profit to its holders but the truth is, so long as butcoin stands, the demand always supercedes the limited supply which make it more profitable to hold for the future. There are lots of halving to be experienced and all of these halvings is likely to break a new all time high.
Though there are many who initially thought that Bitcoin might not grow any more or that after growing to a certain level there would be no one to buy Bitcoin but the current reality is different. Bitcoin has already surpassed all of its previous all times high. Each Bitcoin is currently valued at $76,000 and is likely to rise further due to buying pressure. Moreover, we will see the price of Bitcoin to six digit within the next year. If there was no one buying Bitcoin then the Bitcoin price would never have reached that level. As people are growing, the demand of people has also increased tremendously due to which the price of Bitcoin will continue to rise. Despite the global popularity of Bitcoin, the number of investors is not as large as the population of the world. That's why not many people have adopted Bitcoin yet who are slowly coming to Bitcoin adoption and Bitcoin will definitely continue to grow.
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If Bitcoin has not yet entered into bull run then you can buy and hold but when bitcoin has entirely entered bull run then it's not advisable, because the price may likely drop after the bull run passes except you are only holding for short term whereby you would sell immediate you gained some little profit from the investment, or you would hold for another 4 years where bitcoin would have to complete it's circle.
Weak hands always fail to buy BTC when the price is low and when the bull run has not started, but once BTC begins to rise and we are now in a bull run, they start fomo buying. It is better to buy BTC when the price is low and hold it until the bull run comes, this way you can make more returns.
I naturally calls them the market feeders because they buys with panic and immediately when there's changes they drops automatically and sold off what they have already acquired..
The truth of the matter is that investment is not suitable to invest in the bull run or during the bull run because they would never tell how the market would be or the outcome of it, that is why it's always important to monitor the market careful before jumping into making investment that may results of total lose.
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There is nothing that is better than DCA when you miss the opportunity to stack your coins at lower price, the market always has a way it does it things and balance out whether you do it when the price is ascending or when the price is descending. It's not even advisable to buy coins at once, learn to buy them in every resistance or support.
i don’t think anyone should be buying at a resistance level i can’t think of any strategy that would benefit from buying when the market is close to setting a new ath maybe there will be more chances of profit at that point but shouldn’t you try to maximize it by buying at the lowest price possible?
Those are the best times you should buy your bitcoin and not wait for any moment when the support and resistance level may not be respected or do not hold for long as you’ve been waiting for it to reach before buying more bitcoin in your portfolio. Maximising your chances in the crypto market when the chance arises is the best thing you should do. The DCA still remains one of the best way to buy bitcoin but it doesn’t mean when you have the money to lump sum, you shouldn’t do it. Seize opportunities like that because you can’t be so sure that such opportunities will arise again after you lose them. The DCA method is only encouraged when your source of income comes in badges and are not big for you to buy more at that time, so buying small will help get a reasonable amount in the long run also.
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I naturally calls them the market feeders because they buys with panic and immediately when there's changes they drops automatically and sold off what they have already acquired.
Yeah, that is exactly what they do everytime, they either never learn from their previous mistakes or they don't believe in BTC well enough to hold it when it is low and wait for the price to rise. I have friends who are weak hands, and i always expect their call for recommendation whenever BTC starts to rise.
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Known as **"FOMO" (Fear of Missing Out)**, the tendency to buy more bitcoins when the price rises is common in the crypto market and other financial markets. When prices are rising rapidly, people often feel an urgency to buy to avoid "missing out" on potential gains. However, this behavior can be risky if it is not part of a thoughtful investment strategy.Bullish markets create excitement, and people see others profiting, which can lead to an emotional desire to join in. This is a natural human reaction but can also lead to buying at higher prices without fully assessing the risks. Many traders buy into bullish markets because they expect momentum to keep prices moving higher. This may work in the short term, but momentum can quickly reverse, especially in volatile markets like BitcoinIf you only buy based on a bullish trend, you may end up buying. Crypto markets often experience corrections, so buying into the hype cycle means holding out for potentially steep drops. Instead of buying impulsively, set a price range or percentage of your investment portfolio for Bitcoin and stick to it. Consistently buying small amounts over time, regardless of price, can help you avoid buying at peaks and reduce the effects of volatilityIn a bullish market, avoid high leverage or buying more than you can afford to lose, as corrections are common in crypto. Ultimately, while buying into a bull market is tempting, careful planning and risk management can help you avoid getting caught up in market exuberance and making costly mistakes..
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Does it make sense to buy more at a time when the value of Bitcoin is increasing?
No, it doesn't make any sense to buy more Bitcoin when its value is increasing, because it can drop once again and will have frequent price corrections. The best time to buy Bitcoin and increase your accumulation is when it gets a huge dip.
I personally follow DIP+DCA strategy and so far I have made enough profits with that already, and at the same time I have increased the number of accumulative coins overtime. I guess most investors who are successful investors of Bitcoin are following the same strategy.
The same strategy of buying at a low price through DCA strategy and selling at a high price. That has been the perfect strategy so many successful investors in the crypto space are following, and it is working for them since the market is divided in two: "the bearish market and the bull market''.However, it's ideal to buy Bitcoin during the bearish market and sell during the bull market
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The same strategy of buying at a low price through DCA strategy and selling at a high price. That has been the perfect strategy so many successful investors in the crypto space are following, and it is working for them since the market is divided in two: "the bearish market and the bull market''.However, it's ideal to buy Bitcoin during the bearish market and sell during the bull market
DCA strategy is indeed that good, especially for now, it really works and is wise enough to implement this DCA. Because by making regular purchases, at least we will be able to get Bitcoin again and again, the accumulation of which is at a certain rate, or even at any rate, because it is done regularly. and this actually shows our consistency in buying and holding Bitcoin for a much larger amount at any time. And with this strategy, we will not feel any regret or panic if the market suddenly changes direction very quickly. While now there is still an opportunity to do it, because after all, Bitcoin will probably continue to go up and print a new ATH again because at least, BTC predictions will exceed $ 100k, although who knows how much it will be at the highest price.
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The same strategy of buying at a low price through DCA strategy and selling at a high price. That has been the perfect strategy so many successful investors in the crypto space are following, and it is working for them since the market is divided in two: "the bearish market and the bull market''.However, it's ideal to buy Bitcoin during the bearish market and sell during the bull market
DCA strategy is indeed that good, especially for now, it really works and is wise enough to implement this DCA. Because by making regular purchases, at least we will be able to get Bitcoin again and again, the accumulation of which is at a certain rate, or even at any rate, because it is done regularly. and this actually shows our consistency in buying and holding Bitcoin for a much larger amount at any time. And with this strategy, we will not feel any regret or panic if the market suddenly changes direction very quickly. While now there is still an opportunity to do it, because after all, Bitcoin will probably continue to go up and print a new ATH again because at least, BTC predictions will exceed $ 100k, although who knows how much it will be at the highest price.
The DCA strategy does allow for a kind of more gradual approach of investment, particularly when adjusting to fluctuating crypto markets. This way, on the one hand, we establish a portfolio, while on the other hand, we avoid the psychological impact of possible price changes that happen when we buy lots of coins during a shrinking. This way we remain faithful to the investment scheme without being lost in the thoughts of when to buy the stocks. In the long run, this approach leads to establishment of a stable investment cycle in the market despite the prevailing conditions.
Moreover, we can have the opinion that there are high opportunities for Bitcoin growth, and this can be the motivation for us to carry out such strategy further. But at the same time, it is also necessary to keep an eye on the script of market in general and not pin much to these figures. With this strategy, there is a focus on consistency and still making sure that the strategist understands the current trends, the strategy can be used to achieve better results. Therefore the most crucial factor is to go forward and experience learning and adapt to the news as we undertake the process that has been made.
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Does it make sense to buy more at a time when the value of Bitcoin is increasing?
No, it doesn't make any sense to buy more Bitcoin when its value is increasing, because it can drop once again and will have frequent price corrections. The best time to buy Bitcoin and increase your accumulation is when it gets a huge dip.
I personally follow DIP+DCA strategy and so far I have made enough profits with that already, and at the same time I have increased the number of accumulative coins overtime. I guess most investors who are successful investors of Bitcoin are following the same strategy.
The same strategy of buying at a low price through DCA strategy and selling at a high price. That has been the perfect strategy so many successful investors in the crypto space are following, and it is working for them since the market is divided in two: "the bearish market and the bull market''.However, it's ideal to buy Bitcoin during the bearish market and sell during the bull market
With the DCA method an investor can continue to accumulate Bitcoins on a weekly or monthly basis at various prices and over the long run will show the average price in his portfolio with the potential for increased profits as holdings grow. Every investor considers DCA method as the ideal strategy for Bitcoin and it is very popular especially for beginners and those with low income as they can start by depositing any amount of Bitcoin from their disposable income. If an investor can keep depositing bitcoins regularly every week or month with DCA strategy, he can get huge holdings within 4-10 years.
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With the DCA method an investor can continue to accumulate Bitcoins on a weekly or monthly basis at various prices and over the long run will show the average price in his portfolio with the potential for increased profits as holdings grow. Every investor considers DCA method as the ideal strategy for Bitcoin and it is very popular especially for beginners and those with low income as they can start by depositing any amount of Bitcoin from their disposable income. If an investor can keep depositing bitcoins regularly every week or month with DCA strategy, he can get huge holdings within 4-10 years.
The DCA method is the right method to be able to buy bitcoins gradually with each ability, if we only have 410 first every week, we can buy it gradually. Moreover, I am only a small investor and can only make purchases with small amounts, so I decided to use the DCA method to add to my collection of crypto assets.
and this method allows me to have enough crypto assets in my wallet.
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DCA strategy is indeed that good, especially for now, it really works and is wise enough to implement this DCA. Because by making regular purchases, at least we will be able to get Bitcoin again and again, the accumulation of which is at a certain rate, or even at any rate, because it is done regularly. and this actually shows our consistency in buying and holding Bitcoin for a much larger amount at any time. And with this strategy, we will not feel any regret or panic if the market suddenly changes direction very quickly. While now there is still an opportunity to do it, because after all, Bitcoin will probably continue to go up and print a new ATH again because at least, BTC predictions will exceed $ 100k, although who knows how much it will be at the highest price.
The DCA strategy does actually provide us with comfort knowing that in the face of ever changing market conditions we are still in a position to add to our holdings without the need to time the market. As the market rises or falls, we maintain with our systematical purchases going on which means we are able to buy more Bitcoin. If the price of Bitcoin goes up in the future as some analysts are forecasting, then this strategy is evidence that gradual consistent efforts equals big long-term gains. Continuing to do it while the opportunity is there is basically a sensible move to make to avoid leaving the door open for more massive growth to pass us by.
With the DCA method an investor can continue to accumulate Bitcoins on a weekly or monthly basis at various prices and over the long run will show the average price in his portfolio with the potential for increased profits as holdings grow. Every investor considers DCA method as the ideal strategy for Bitcoin and it is very popular especially for beginners and those with low income as they can start by depositing any amount of Bitcoin from their disposable income. If an investor can keep depositing bitcoins regularly every week or month with DCA strategy, he can get huge holdings within 4-10 years.
In general, the proposed DCA method provides the chance to build up the Bitcoin in a stable manner and without significant influence by daily volatility. This way setting a part of our earnings as a rule we gradually develop the ownershhip and while it is done the chances of market fluctuation are diminished. In the long run, this strategy can reap big when values of assets such as Bitcoin are on the rise. This simple step shows that investment is easy and achievable for any person with however meagre an income he or she might have, provided one invests systematically and with passion.
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With the DCA method an investor can continue to accumulate Bitcoins on a weekly or monthly basis at various prices and over the long run will show the average price in his portfolio with the potential for increased profits as holdings grow. Every investor considers DCA method as the ideal strategy for Bitcoin and it is very popular especially for beginners and those with low income as they can start by depositing any amount of Bitcoin from their disposable income. If an investor can keep depositing bitcoins regularly every week or month with DCA strategy, he can get huge holdings within 4-10 years.
The DCA method is the right method to be able to buy bitcoins gradually with each ability, if we only have 410 first every week, we can buy it gradually. Moreover, I am only a small investor and can only make purchases with small amounts, so I decided to use the DCA method to add to my collection of crypto assets.
and this method allows me to have enough crypto assets in my wallet.
It is assumed that over time, the growth of Bitcoin in the DCA method will increase your financial capacity and increase the amount of weekly or monthly savings as an alternative income. Small or medium or large investors can decide to make their plans for DCA, which can gradually enrich their holdings.
I appreciate your decision and recommend keeping a backup fund with Bitcoin savings in the DCA strategy in the long term because this fund can protect your valuable capital in case of emergency.
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It is assumed that over time, the growth of Bitcoin in the DCA method will increase your financial capacity and increase the amount of weekly or monthly savings as an alternative income. Small or medium or large investors can decide to make their plans for DCA, which can gradually enrich their holdings.
I appreciate your decision and recommend keeping a backup fund with Bitcoin savings in the DCA strategy in the long term because this fund can protect your valuable capital in case of emergency.
While managing finances through a DCA strategy offers some ability to grow assets in a gradual and not over pressured way, there are still risks if one does not control the DCA. If we’re consistent, we can own stable ownership, that keeps the expenses reasonable. This step helps us prepare going into the future with more confidence because now when there are instances of growth in the market, we can take advantage of that.
Besides this, reserve fund is very helpful step for overcoming times of unexpected situations. Using Bitcoin as part of a long term life plan, not only do we save but potentially the value of assets can grow over time. It’s not so much money, and it’s good at the balance between investment and preparation for emergencies.
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It is assumed that over time, the growth of Bitcoin in the DCA method will increase your financial capacity and increase the amount of weekly or monthly savings as an alternative income. Small or medium or large investors can decide to make their plans for DCA, which can gradually enrich their holdings.
I appreciate your decision and recommend keeping a backup fund with Bitcoin savings in the DCA strategy in the long term because this fund can protect your valuable capital in case of emergency.
There is no any strategy that beat DCA method when you miss your chance buying at the bottom but the problem right now is that Bitcoin has pumped massively that I think DCA will be too risky, it might be worth it in the future but such has to be a very long term. There is no way you are going to profit from buying Bitcoin at $90k to $100k.
It's also recommended to buy Bitcoin when people are afraid that the market is crashing, better than taking risk of DCA at the top. There is no better way of Doing DCA when the price of crashing because you will be having coins at discounted price.
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t is assumed that over time, the growth of Bitcoin in the DCA method will increase your financial capacity and increase the amount of weekly or monthly savings as an alternative income. Small or medium or large investors can decide to make their plans for DCA, which can gradually enrich their holdings.
I appreciate your decision and recommend keeping a backup fund with Bitcoin savings in the DCA strategy in the long term because this fund can protect your valuable capital in case of emergency.
How to have bitcoin with a small capital so that you can buy it gradually is by using the DCA method, I agree that this method is the most effective. because we can set aside our money from the BTC bounty paid or profit from trading to buy bitcoin every week. I also do this and currently my crypto assets are increasing because I use this DCA method. I am sure many people do this and when the price of bitcoin is high they must be happy because the results of the DCA method they managed to have more bitcoin and the price is currently increasing.
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How to have bitcoin with a small capital so that you can buy it gradually is by using the DCA method, I agree that this method is the most effective. because we can set aside our money from the BTC bounty paid or profit from trading to buy bitcoin every week. I also do this and currently my crypto assets are increasing because I use this DCA method. I am sure many people do this and when the price of bitcoin is high they must be happy because the results of the DCA method they managed to have more bitcoin and the price is currently increasing.
To be honest, DCA method is among the working strategies for those of us that aims to accumulate bitcoins over time with little amounts of money. This way, we would be able to accumulate crypto assets without concern of loss due to daily price changes. Here, there is a chance to invest with no pressure for large purchases at a time thus an excellent way to respond to certain financial conditions.
That success is the evidence that creating a simple and consistent approach features satisfying outcomes in a long perspective. As the price of bitcoin rises, positive outcomes of our accumulation are experienced as ever more relevant. This is evidence that taking small measured steps with proper adherence to discipline makes one reap massive outcomes in future.
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People can be sometimes funny and there is always that herd mentality...following what many others are doing to the point of also experiencing LOSS when the wind shifted its direction. Buying when the price is bullish is not something we should be recommending and that is why the "buy the dip" is always propagated here in the cryptocurrency industry. We buy when there is a strong crypto winter because that is when the price can be its lowest but we must only select the digital assets that we know has good value and can rebound when the bulls will be coming in again. Just look at Bitcoin, Ethereum and the likes. Now, since this can be impossible for some, then use the DCA method and it is already proven to be truly working for anyone most especially small investors like you and me.
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People can be sometimes funny and there is always that herd mentality...following what many others are doing to the point of also experiencing LOSS when the wind shifted its direction. Buying when the price is bullish is not something we should be recommending and that is why the "buy the dip" is always propagated here in the cryptocurrency industry. We buy when there is a strong crypto winter because that is when the price can be its lowest but we must only select the digital assets that we know has good value and can rebound when the bulls will be coming in again. Just look at Bitcoin, Ethereum and the likes. Now, since this can be impossible for some, then use the DCA method and it is already proven to be truly working for anyone most especially small investors like you and me.
I completely agree with you and your important guidance on investment will be very positive and fruitful for every investor. The market is rebounding and DCA is definitely an ideal method and through it an investor can save any amount within his means. From disposable income in a week or a month and tend to deposit it for a long term so that there is a possibility of getting decent holdings. If the guys can keep the DCA strategy going in any price trend whether bullish or bearish, there is a possibility of increasing the holdings over time along with massive financial stability.
DCA strategy can be especially fruitful for small or medium investors because they have a tendency to increase their income and become financially stronger. Those investors have the possibility of getting financially benefited by depositing a part of their discretionary income (multiple cycles).
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How to have bitcoin with a small capital so that you can buy it gradually is by using the DCA method, I agree that this method is the most effective. because we can set aside our money from the BTC bounty paid or profit from trading to buy bitcoin every week. I also do this and currently my crypto assets are increasing because I use this DCA method. I am sure many people do this and when the price of bitcoin is high they must be happy because the results of the DCA method they managed to have more bitcoin and the price is currently increasing.
This strategy is what Microstrategy has been doing since when Bitcoin was around $12k and till now, they have even bought Bitcoin when it went as high as $90k, this is how they are justing their position from been liquidated, and they buy more when you don't expect it, this is what every salary earners should practice, not every time bills bills.
If you don't have money to Bitcoin in bulk, this is the best way to go to accumulate more Bitcoin as much as possible and you don't have to make yourself uncomfortable because you only buy when you want to buy Bitcoin.