Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Wonder Work on November 26, 2024, 07:52:34 AM

Title: If you are investing in bitcoin, you should make this investment.
Post by: Wonder Work on November 26, 2024, 07:52:34 AM
Today, I was really surprised to see an investment scene. I used to make various comments about investing in Bitcoin, and I talked a lot about long-term investments and short-term investments, but today, I saw a post. Although it was a post by someone on X about investing in [btc], he has been investing in Bitcoin for the past 8 years. He gets Bitcoin daily and has continued working hard while continuing his investment trend. I'm surprised when I see these things. I don't know if you have noticed this, but if you invest in Bitcoin, you should invest like him. He may have done a lot, but we should always keep what we can do within our capabilities.

(https://talkimg.com/images/2024/11/24/bi6J2.jpeg)
BITCOIN DCA JOURNEY (https://x.com/regothetrader/status/1855234677491073122)

I liked it very much, and in the future, I will also try to invest for such a long time. Those who are or will invest in Bitcoin will be motivated by seeing this. I'm sharing some other important posts with you:

Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: bitterguy28 on November 26, 2024, 08:04:37 AM
I saw a post. Although it was a post by someone on X about investing in [btc], he has been investing in Bitcoin for the past 8 years. He gets Bitcoin daily and has continued working hard while continuing his investment trend. I'm surprised when I see these things.

(https://talkimg.com/images/2024/11/24/bi6J2.jpeg)
BITCOIN DCA JOURNEY (https://x.com/regothetrader/status/1855234677491073122)

we got to applaud 8 years is not a short time and the fact that he is still here investing means a lot! it means that he did not give up on bitcoin even if it would correct itself or go through difficult times he also didn’t take all of his profit immediately when it would rise that is how you do an investment and now his investment would finally pay off (if he decides to take profit now)

im sure many of us wishes that we would have already knew of bitcoin 8 years ago but holding and slowly accumulating bitcoin throughout those 8 years requires patience and perseverance what an inspiration this is
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: hugeblack on November 26, 2024, 11:07:55 AM
Considering that the investment period was 8 years and the amount was $86,000, this means that he started small and invested $1,000 every month. The amount may seem large to some, but $100,000 is enough for a good life in some countries, so investing $100 per month will make your dreams come true.. Therefore, whoever thinks that it is too late, NOO it is still too early.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: KingsDen on November 26, 2024, 11:44:39 AM


(https://talkimg.com/images/2024/11/24/bi6J2.jpeg)
BITCOIN DCA JOURNEY (https://x.com/regothetrader/status/1855234677491073122)

I liked it very much, and in the future, I will also try to invest for such a long time. Those who are or will invest in Bitcoin will be motivated by seeing this. I'm sharing some other important posts with you:

  • Never stop buying Bitcoin. (https://x.com/regothetrader/status/1860325241391665558)
  • 8-year history of buying Bitcoin. (https://x.com/regothetrader/status/1859994100235399181)
This is another proof to show that long-term investment in bitcoin can really be rewarding.  I didn't have the opportunity to invest in bitcoin 8 years ago. Now that I am here, I am in for a very long journey. In another 8 years or more, I should be a motivation to those who would join the bitcoin family later. He has really done well for himself, patience and consistency actually pays.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: ABCbits on November 26, 2024, 11:58:47 AM
I find it's unusual he buy Bitcoin daily rather than when he receive his wage (usually monthly). But i must admit his persistence to keep buying Bitcoin daily. But while his image shows he made lots of profit, i bet we'd see massive USD value drop if he were to draw 8-year DCA chart.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: TomPluz on November 26, 2024, 12:06:43 PM
The idea of consistently investing small amount in Bitcoin over a period of time can be the best formula to take advantage of Bitcoin deflationary power. I am sure those using the DCA method can easily relate to this. Now, we might think that the current price of BTC can already be too high...so I am suggesting that one may wait for some price correction and then start from there. The key takeaway here is always doing it and never be swayed by FOMO which is so real in the cryptocurrency industry...treat this like a piggy savings bank. Let's all start now, never stop because eventually Bitcoin will reach 1 million within 5 years and 30 million in 21 years (just my speculation, of course).
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: emmybd on November 26, 2024, 01:24:30 PM
Today, I was really surprised to see an investment scene. I used to make various comments about investing in Bitcoin, and I talked a lot about long-term investments and short-term investments, but today, I saw a post. Although it was a post by someone on X about investing in [btc], he has been investing in Bitcoin for the past 8 years. He gets Bitcoin daily and has continued working hard while continuing his investment trend. I'm surprised when I see these things. I don't know if you have noticed this, but if you invest in Bitcoin, you should invest like him. He may have done a lot, but we should always keep what we can do within our capabilities.

(https://talkimg.com/images/2024/11/24/bi6J2.jpeg)
BITCOIN DCA JOURNEY (https://x.com/regothetrader/status/1855234677491073122)

I liked it very much, and in the future, I will also try to invest for such a long time. Those who are or will invest in Bitcoin will be motivated by seeing this. I'm sharing some other important posts with you:

  • Never stop buying Bitcoin. (https://x.com/regothetrader/status/1860325241391665558)
  • 8-year history of buying Bitcoin. (https://x.com/regothetrader/status/1859994100235399181)
Bitcoin is always a good choice for long term investment. The key here is to keep your nerve. A lot of people lost their patience in the process of investment. They ended up going nowhere.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Mia Chloe on November 26, 2024, 03:02:19 PM
Cumulative investments pay off over a nice span of time , and it is literally one of the easiest and most stress free ways of investing without having the need to take a sudden huge step all of a sudden. Anyways even as good as it may seem, sometimes it may not pay off fancy especially if the individual bits of that cumulative investments over time is small. Infact the smaller it is the less effective it becomes as time goes by because of factors like inflation.

Different people as well as investors have their different approach to investments. Some actually prefer going all in at a very good price mark. The truth is what matters most is volume and safety of your investments.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: JISAN on November 26, 2024, 04:38:19 PM
You have raised a very nice topic. Through this topic, many will understand what the long-term investment system of Bitcoin should be like. You will definitely get the benefits of investing in Bitcoin in the long term; for this, you must continue to invest. Here, despite the many ups and downs of Bitcoin, he did not stop investing in his Bitcoin.

I have seen many market ups and downs in his investment trend, but he did not give up on his investment. His investment trend has always continued and moved forward. Think about it and see what kind of hard work he does to continue this work. Although he has a good source of income to continue this work, he can continue, but you will be surprised to see that he has continued his investment trend.

If you want to invest in Bitcoin, you should do so in this way.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Lucius on November 26, 2024, 05:56:21 PM
I hope whoever is behind this story hasn't revealed their true identity, because with that kind of money they will definitely become a target. I could also show what I have done in the past 10 years when it comes to investing in cryptocurrencies, but serious people don't brag about it on social media, because some of them ended up losing their lives because of it.

In addition, everyone who is fascinated with investing in BTC should know that past results do not guarantee that the same will happen again in the future.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: joniboini on November 27, 2024, 04:14:28 AM
I hope whoever is behind this story hasn't revealed their true identity, because with that kind of money they will definitely become a target. I could also show what I have done in the past 10 years when it comes to investing in cryptocurrencies, but serious people don't brag about it on social media, because some of them ended up losing their lives because of it.
It looks like he is a streamer, so it's very likely that some people know his identity before this already. He's going to get more spam on his e-mail address because of this.

I also don't understand the logic behind sharing their investment journey. I can see some people do this to attract more customers if they're an investment advisor/influencer, but for the average joe they definitely don't need to share their story to encourage people to invest in Bitcoin. There are dozens of successful investment stories that can be applied to crypto IMO. No need to make ourselves a target for temporary popularity.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Azharul on November 27, 2024, 05:35:45 AM
Today, I was really surprised to see an investment scene. I used to make various comments about investing in Bitcoin, and I talked a lot about long-term investments and short-term investments, but today, I saw a post. Although it was a post by someone on X about investing in [btc], he has been investing in Bitcoin for the past 8 years. He gets Bitcoin daily and has continued working hard while continuing his investment trend. I'm surprised when I see these things. I don't know if you have noticed this, but if you invest in Bitcoin, you should invest like him. He may have done a lot, but we should always keep what we can do within our capabilities.

(https://talkimg.com/images/2024/11/24/bi6J2.jpeg)
BITCOIN DCA JOURNEY (https://x.com/regothetrader/status/1855234677491073122)

I liked it very much, and in the future, I will also try to invest for such a long time. Those who are or will invest in Bitcoin will be motivated by seeing this. I'm sharing some other important posts with you:

  • Never stop buying Bitcoin. (https://x.com/regothetrader/status/1860325241391665558)
  • 8-year history of buying Bitcoin. (https://x.com/regothetrader/status/1859994100235399181)
If we follow in cryptocurrency market, we can see that bitcoin price is increase in $93k up in this moment. I also believe that gradually bitcoin price is also increase in cryptocurrency market. So i believe that in this moment investment in bitcoin is also be risky for us. But another thought we know that bitcoin is one of the best profitable crypto in cryptocurrency world. I think bitcoin price will reach $150k after one year. So i think that investment in bitcoin will be correct decision for us.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Rubel007 on November 27, 2024, 12:02:43 PM
There is still time for those who are interested in investing. If someone invests on a long-term on weekly or monthly basis from now, they will definitely get a good return. However, if someone is lagging behind despite knowing it, then it will be late for their investment to be successful. According to the current time, if someone invests $1,041per month and deposits Bitcoin regularly for the next 8 years, then according to the current price, he will own 100,000 dollars. Although it is not possible for everyone to deposit 1,041 dollars per month, but if anyone deposits regularly according to his ability, he can definitely get a big return from Bitcoin after a certain period of time.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: hugeblack on November 27, 2024, 12:44:17 PM
I also don't understand the logic behind sharing their investment journey. I can see some people do this to attract more customers if they're an investment advisor/influencer, but for the average joe they definitely don't need to share their story to encourage people to invest in Bitcoin. There are dozens of successful investment stories that can be applied to crypto IMO. No need to make ourselves a target for temporary popularity.
Sometimes the reason is the increase in the number of followers, and sometimes social media addiction leads to do the impossible. Some are willing to do dangerous moves or risk their lives for 10k likes.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Lucius on November 27, 2024, 03:59:05 PM
I hope whoever is behind this story hasn't revealed their true identity, because with that kind of money they will definitely become a target. I could also show what I have done in the past 10 years when it comes to investing in cryptocurrencies, but serious people don't brag about it on social media, because some of them ended up losing their lives because of it.
It looks like he is a streamer, so it's very likely that some people know his identity before this already. He's going to get more spam on his e-mail address because of this.

Spam is the least of the problems in cases like this - because everyone who has had an email address for years and has registered online everywhere gets a bunch of spam every day - in my case, spam filters catch at least 90% of such emails and redirect them automatically to the spam folder.

I also don't understand the logic behind sharing their investment journey. I can see some people do this to attract more customers if they're an investment advisor/influencer, but for the average joe they definitely don't need to share their story to encourage people to invest in Bitcoin. There are dozens of successful investment stories that can be applied to crypto IMO. No need to make ourselves a target for temporary popularity.

Sometimes it's just bragging, and in some cases (possibly also in this case) that person thinks that one such announcement can help him become more popular. Anyway, I hope his public bragging doesn't backfire on him.

+1💯
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: BitMaxz on November 27, 2024, 06:03:32 PM
Sometimes the reason is the increase in the number of followers, and sometimes social media addiction leads to do the impossible. Some are willing to do dangerous moves or risk their lives for 10k likes.

I don't think it's a dangerous move the avatar of the creator doesn't have any picture of his own self and no real name.
What I can tell from his account is that he is a streamer who wants to talk about DCA and trading while promoting WealthGroup on his X account.

What exactly he wants is to attract people to follow him, likes, and to attract people to watch his stream on Twitch. This is a common way for people to promote themselves in order to gain followers.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: ZAINmalik75 on November 27, 2024, 06:18:21 PM
Today, I was really surprised to see an investment scene. I used to make various comments about investing in Bitcoin, and I talked a lot about long-term investments and short-term investments, but today, I saw a post. Although it was a post by someone on X about investing in [btc], he has been investing in Bitcoin for the past 8 years. He gets Bitcoin daily and has continued working hard while continuing his investment trend. I'm surprised when I see these things. I don't know if you have noticed this, but if you invest in Bitcoin, you should invest like him. He may have done a lot, but we should always keep what we can do within our capabilities.
You are surprised because you underestimated the time because 8 years ago BTC was cheap and since 2016 he is doing DCA in BTC and he must have more than 7 BTC and can be more. DCA in BTC can do surprises. Profit is huge and in the next cycle this person will be a millionaire and this post also indicates that a proper job is better than depending only on trades.

We should find a job to meet our expenses and use part from that money to invest in BTC even if it takes 8 years. Live examples are more practical and give more motivation.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Asiska02 on November 27, 2024, 08:03:46 PM
This is very impressive and I much say this dude is really what we call been goated as an investor in bitcoin. I just imagine this type of scenario for myself. If I have been in a signature paid campaign for the past eight years and all my payments in bitcoin were never spend and I keep accumulation them till today, I just imagine how much value today in bitcoin my portfolio would have been reading. This may be the case of this guy also and he’s truly a beacon of enthusiasm for others who are planning or already investing in bitcoin. This is the best Dollar Cost Averaging method to invest in bitcoin, it’ll definitely come out in big gains and reward if you’re consistent to hold on to it for the complete eight years.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: vegasus on November 27, 2024, 10:03:24 PM
When someone decides to invest, and it is the right investment, then believe me, the effort will not betray the results. Because basically, Bitcoin is a very profitable and valuable investment as long as we understand the basics, understand how it works, and its cycle. So that we understand what we have to do, by buying it (especially when it is bullish), then, be patient to hold the coin, until now, look, there have been many real examples, the investment is really many times over. The fruit of such a long wait, finally began to show results.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Blaze on November 28, 2024, 04:59:52 AM
This is very impressive and I much say this dude is really what we call been goated as an investor in bitcoin. I just imagine this type of scenario for myself. If I have been in a signature paid campaign for the past eight years and all my payments in bitcoin were never spend and I keep accumulation them till today, I just imagine how much value today in bitcoin my portfolio would have been reading. This may be the case of this guy also and he’s truly a beacon of enthusiasm for others who are planning or already investing in bitcoin. This is the best Dollar Cost Averaging method to invest in bitcoin, it’ll definitely come out in big gains and reward if you’re consistent to hold on to it for the complete eight years.
To operate a bitcoin collection strategy for years or using the very familiar DCA method does take great commitment, but the success that comes out of it is a wonderful feeling. Such determination proves to the fact that it doesn’t always take big leaps to get there, it takes the consistent effort. This method shows that even if there are desires along the way, then one should remain consistent and patient since the effort results in a long-term gains are always beneficial in the future From this method, beginning small measures today and keeping to a particular course is fundamental towards future asset formation.


When someone decides to invest, and it is the right investment, then believe me, the effort will not betray the results. Because basically, Bitcoin is a very profitable and valuable investment as long as we understand the basics, understand how it works, and its cycle. So that we understand what we have to do, by buying it (especially when it is bullish), then, be patient to hold the coin, until now, look, there have been many real examples, the investment is really many times over. The fruit of such a long wait, finally began to show results.
Investing with a good planning and great patience is normally tend to give satisfying returns. It is made clear how success is done if things are done well, that is from selecting the assets to have the confidence to follow the laid strategies. Choosing the right investments and investment management is not about getting lucky, but about having the commitment for keeping on learning and the faith in that process. Great performances are achieved by great action, which is done with surety and repetition.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: taufik123 on November 28, 2024, 09:44:37 AM
When someone decides to invest, and it is the right investment, then believe me, the effort will not betray the results. Because basically, Bitcoin is a very profitable and valuable investment as long as we understand the basics, understand how it works, and its cycle. So that we understand what we have to do, by buying it (especially when it is bullish), then, be patient to hold the coin, until now, look, there have been many real examples, the investment is really many times over. The fruit of such a long wait, finally began to show results.
Yes, I agree with your statement about trusted investments, especially bitcoin which has become the king of all coins that can provide profits on every increase.

But it should be remembered that buying or when wanting to enter a coin should see if the price is FOMO or not, if the fomo continues to occur and the price is too high, good advice is to buy when the price starts to experience a correction or is in a consolidation condition, that is what is recommended.

Don't just buy and then buy at a high price, it will be a mental burden for those who are impatient and don't have capital anymore.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: JISAN on November 28, 2024, 11:09:52 AM
But it should be remembered that buying or when wanting to enter a coin should see if the price is FOMO or not, if the fomo continues to occur and the price is too high, good advice is to buy when the price starts to experience a correction or is in a consolidation condition, that is what is recommended.
If FOMO continues, its price increases, but the person I saw here needs to pay attention to where the price of Bitcoin has gone or where it has come from; he has continued to invest all the time. Do you notice that since the beginning of his investment, the price of Bitcoin has gone up and down a lot, but he has continued his investment? Then, think about what difficult times he has continued to invest despite going through. There is no specific investment period for those who invest by maintaining DCA. He buys Bitcoin according to his ability and investment; this is his main goal.

But in general, since FOMO is happening now, those who will make new investments should be patient and invest when the market volatility settles down. Those who continue to invest regularly should look at the matter differently.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Faisal2202 on November 28, 2024, 10:56:28 PM
Today, I was really surprised to see an investment scene. I used to make various comments about investing in Bitcoin, and I talked a lot about long-term investments and short-term investments, but today, I saw a post. Although it was a post by someone on X about investing in [btc], he has been investing in Bitcoin for the past 8 years. He gets Bitcoin daily and has continued working hard while continuing his investment trend. I'm surprised when I see these things. I don't know if you have noticed this, but if you invest in Bitcoin, you should invest like him. He may have done a lot, but we should always keep what we can do within our capabilities.
OMG, that's what I am talking about, DCA do wonders, I started DCA last year and stopped around 48k and now when I see how much I made which is porbably like 2x not that much in respect to any other alts but still it was safe and sound trade and I am happy with it. And over the time I think I made the best trade and now after looking at it (even if I saw the post few days ago) everytime I see it gives chill hehe.

The subject must be in great happiness and I wonder how he would have stopped his feelings to not sell at $98k. I mean he must be having thought like I should have sold it all at $98k and if bought it back at $91 I would be making some profit and nothing would be changed. I am very happy for the dude and we all should practise DCA in BTC specifically.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: robelneo on November 29, 2024, 08:34:49 PM
Everyone of us has our own way of investing; many do it through DCA for short-term and long-term, but on all our investments, we should make sure that we have allocations for HODL Just like what the OP posted, the investor in that story is very patient in accumulating because he knows there's going to be a huge pump in the future, and so it happens now and he is richly rewarded.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: SamReomo on November 29, 2024, 08:51:07 PM
Well, some people do such type of investment and earn profits in long term. I believe that's the best and safest method, but instead of DCA on daily, weekly, and monthly basis, he could have done dip buying and with dip buying he might have made way more profit then he earned with the DCA method.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: bayu7adi on November 30, 2024, 04:49:07 AM
Discussing assumptions like this is indeed fun... as if a time machine exists and we can change our current fate, I'm sure it's very fun... but regretting our previous decisions is not a wise thing to do, we still have to move on. move forward and make decisions for our future, stop regretting something that has already happened.

Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: 0t3p0t on November 30, 2024, 12:53:05 PM
I also don't understand the logic behind sharing their investment journey. I can see some people do this to attract more customers if they're an investment advisor/influencer, but for the average joe they definitely don't need to share their story to encourage people to invest in Bitcoin. There are dozens of successful investment stories that can be applied to crypto IMO. No need to make ourselves a target for temporary popularity.
Sometimes the reason is the increase in the number of followers, and sometimes social media addiction leads to do the impossible. Some are willing to do dangerous moves or risk their lives for 10k likes.
Yeah agree, influencers will do whatever they want just to reach specific followers, impressions and engagement target to increase their revenue on a specific platform. Influencers in the Finance niche earns more than the other niche that is why some of them shows attractive techniques that will lure potential subscriber some even got involved in clickbaiting but if somebody will post Bitcoin related topics by his own huge account it will drive his or her views crazy. Some might make their content inspiring, helpful and informative while others just do it for the views.

Anyways, DCA is I think the safest and one of the most profitable way to invest in almost anything but the only problem is consistency because we all know not all investors can afford to acquire additional assets in a period of time not unless one is a pure investor that has stable source of income but for some it's a struggle but despite all that it is always never too late to invest.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: JISAN on November 30, 2024, 02:43:51 PM
I am very happy for the dude and we all should practise DCA in BTC specifically.
It is absolutely true that DCA should be followed. If someone can practice it well, then they will understand these things well. When they understand these things well, then the tendency to invest in DCA by maintaining it will increase. If the tendency to invest in Bitcoin increases, they will invest in that Bitcoin, and like you shared the joy now, maybe we will see such joy in the future.

Investing in Bitcoin is also a matter of joy. I felt thrilled when I first invested in Bitcoin because I owned a few BTC then. Although I could not hold that investment for long, I am trying to invest by maintaining DCA in the future and continue. We will also be able to share such happy moments with you in the future.

All of us should practice DCA and move towards investment by following it. Now that we can invest by maintaining DCA, we will not be backward and will be able to continue investing slowly.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: MUGNIA on November 30, 2024, 03:50:16 PM
Considering that the investment period was 8 years and the amount was $86,000, this means that he started small and invested $1,000 every month. The amount may seem large to some, but $100,000 is enough for a good life in some countries, so investing $100 per month will make your dreams come true.. Therefore, whoever thinks that it is too late, NOO it is still too early.

true 8 years is not a short time 2 times through bullrun and how many times, can hold when BTC has a new ATH, it really takes a struggle to hold until it reaches extraordinary profits, by looking at this there is no such thing as too late to invest in BTC if btc is currently 98K$ 8 years from now no one knows, but if btc investment is profitable then it is never too late to continue buying
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: MrSpasybo on November 30, 2024, 04:20:15 PM
It is absolutely true that DCA should be followed. If someone can practice it well, then they will understand these things well. When they understand these things well, then the tendency to invest in DCA by maintaining it will increase. If the tendency to invest in Bitcoin increases, they will invest in that Bitcoin, and like you shared the joy now, maybe we will see such joy in the future.

Investing in Bitcoin is also a matter of joy. I felt thrilled when I first invested in Bitcoin because I owned a few BTC then. Although I could not hold that investment for long, I am trying to invest by maintaining DCA in the future and continue. We will also be able to share such happy moments with you in the future.

All of us should practice DCA and move towards investment by following it. Now that we can invest by maintaining DCA, we will not be backward and will be able to continue investing slowly.
I congratulate his success, he has persistently DCA BTC for a long time, he deserves the huge profits from his efforts. However, I personally wouldn’t want to follow the DCA strategy through many cycles like that.

I DCA BTC and ALTs, but only during crypto winters, when token prices are stagnant or have insignificant fluctuations. That's the best time for me to be able to buy a lot of tokens at a low price. Conversely, I also sell in parts at the peak zone to get a lot of profits to carry out other financial plans and be ready to DCA in the next crypto winter. I think this strategy can optimize profits and give me psychological comfort in the face of BTC price fluctuations.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Faisal2202 on November 30, 2024, 11:39:31 PM
It is absolutely true that DCA should be followed. If someone can practice it well, then they will understand these things well. When they understand these things well, then the tendency to invest in DCA by maintaining it will increase. If the tendency to invest in Bitcoin increases, they will invest in that Bitcoin, and like you shared the joy now, maybe we will see such joy in the future.

Investing in Bitcoin is also a matter of joy. I felt thrilled when I first invested in Bitcoin because I owned a few BTC then. Although I could not hold that investment for long, I am trying to invest by maintaining DCA in the future and continue. We will also be able to share such happy moments with you in the future.

All of us should practice DCA and move towards investment by following it. Now that we can invest by maintaining DCA, we will not be backward and will be able to continue investing slowly.
Even if we can't manage to invest in BTC via DCA these weekly payments from signature can be used to do the DCA. Although the money remains the same like in order to use the signature money to invest in the BTC then you have to find another source of income to not rely on it alone.

So the amount to be earned remain the same in order to do the DCA. I hope you understand my point here. Overall, DCA has been proved to be the best method for me as I personally used it and accumulated some and now I an seeing BTC moving towards $150k milestone too in the 2025 which seemed impossible but if it happens we all will make good profit then too.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Findingnemo on December 02, 2024, 04:25:35 PM
Not just Bitcoin, it should be like this for any investment unfortunately the modern day investors hurrying everything so they expect the returns in just a month or two, if it doesn't give returns they just sell and enter when the price starts rising again. With this kind of attitude they make little to nothing in profits, the investment should be done for long term goals and needed to be consistent whether investing based on DCA or buy lump sum once in a while.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: enwi on December 03, 2024, 03:37:04 PM
Not just Bitcoin, it should be like this for any investment unfortunately the modern day investors hurrying everything so they expect the returns in just a month or two, if it doesn't give returns they just sell and enter when the price starts rising again. With this kind of attitude they make little to nothing in profits, the investment should be done for long term goals and needed to be consistent whether investing based on DCA or buy lump sum once in a while.
These activities have to be repeated constantly so that the rewards could be realised to the fullest extent possible. Whenever we are eager and want lots of profits in a short time we end up making wrong decisions. This has the net effect of creating a more stable portfolio as well as allowing us to take careful aim at potential profits in the future, as through DCA or other forms of planned purchases. The objective of the disease is to keep discipline, do not allow yourself to be scared by any big swings, but also do not be carried away from the momentary emotions. Consequently the funds invested have higher probability of meeting long standing objectives.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: rachael9385 on December 03, 2024, 05:25:46 PM
Considering that the investment period was 8 years and the amount was $86,000, this means that he started small and invested $1,000 every month. The amount may seem large to some, but $100,000 is enough for a good life in some countries, so investing $100 per month will make your dreams come true.. Therefore, whoever thinks that it is too late, NOO it is still too early.
I like it that you went an extreme length to calculate how much the investment costs. When we talk about risk in investment and also patience in investment it's just a typical example of this person during these 8 years of investment there is no way they would say there were no bad times, there were, but he still kept on pushing some people would allow fear to come over them and withdraw their funds but this person had plans for the future and he strived for both the good and bad times. This should be a motivation for investors and anyone intending to.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Gurujebs on December 03, 2024, 06:15:37 PM
Not just Bitcoin, it should be like this for any investment unfortunately the modern day investors hurrying everything so they expect the returns in just a month or two, if it doesn't give returns they just sell and enter when the price starts rising again. With this kind of attitude they make little to nothing in profits, the investment should be done for long term goals and needed to be consistent whether investing based on DCA or buy lump sum once in a while.

The display of wealth has made many people become impatient, back then people invest money so they can secure their future but nowadays people are doing it to impress others and makes them feel less just because they are able to acquire everything about life meanwhile they don't know that other people they are even copying are into scams and fraud.

No serious person that makes money with his sweat and life will have time to impress people they have money, they will always be focus on how they can better their life instead of impression to other people about their life.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: bayu7adi on December 04, 2024, 03:37:59 AM
Not just Bitcoin, it should be like this for any investment unfortunately the modern day investors hurrying everything so they expect the returns in just a month or two, if it doesn't give returns they just sell and enter when the price starts rising again. With this kind of attitude they make little to nothing in profits, the investment should be done for long term goals and needed to be consistent whether investing based on DCA or buy lump sum once in a while.
FOMO is the main disease for people who are new to the world of investment, even they are only interested in instant profits and easy jobs, even though to really be able to enjoy easy money, it is not as easy as you think... what you said is very right, even many people immediately give up when they find themselves failing in doing one trade or investment, and he leaves with all his hatred for cryptocurrency...

In my opinion, the DCA method is indeed suitable to be applied, but only on coins with strong fundamentals, considering that coins or assets with strong fundamentals have a better chance for long-term future needs.
Title: Re: If you are investing in bitcoin, you should make this investment.
Post by: Findingnemo on December 04, 2024, 07:21:02 AM

In my opinion, the DCA method is indeed suitable to be applied, but only on coins with strong fundamentals, considering that coins or assets with strong fundamentals have a better chance for long-term future needs.
DCA is the only option for retail investors especially to hold decent amount of Bitcoin in the long run because it's not possible to buy lump sum like 20K or even whole Bitcoin at once but definitely possible to invest atleast a hundred dollars a month or bi weekly and keep doing it consistently irrespective of market trends will make it possible to hold a decent chunk in a few years.