Post
Topic
Board Bitcoin Discussion
Re: New to Bitcoin - Dollar cost average?
by
carlfebz2
on 17/01/2022, 23:36:53 UTC
Hi all,

First started investing in Crypto 10 weeks ago early November but am yet to get involved with Bitcoin.

I want to start investing in Bitcoin for the long term - is the best way to dollar cost average or do you just buy when you feel the price is low?

I am yet to DCA with any of my crypto and just buy when I feel price is low but seeing as Bitcoin is the safest hold for long term thinking of DCA.

https://www.youtube.com/watch?v=-XU47KloU7s
https://www.youtube.com/watch?v=hQinhrtPLQc

These videos might able to help on explaining about DCA and been applied on crypto.Usually this had been commonly known term
on traditional markets like stocks and forex but now we are applying it into this market.

Making out DCA decisions does require ample or sufficient finances plus that emotion handling.