Post
Topic
Board Economics
Re: (SSS) - A Sane and Simple bitcoin Savings plan
by
rpietila
on 25/11/2013, 08:43:22 UTC
dollar cost average.  buy same amount every week.   Also, hold your bitcoins locally.  Online wallets and exchanges can and have disappeared, been hacked, etc.

Thank you for your feedback, but:

NO. DO NOT "DOLLAR COST AVERAGE", SINCE IT LEADS TO A MARKEDLY WORSE RESULT IN EVERY SCENARIO WHERE BITCOIN CONTINUES APPRECIATING AGAINST THE DOLLAR AS HAS ALWAYS BEEN THE CASE SO FAR.

Other points are correct.