Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Strong Hands Are Buying
by
hyudien
on 30/07/2022, 02:38:28 UTC
⭐ Merited by JayJuanGee (1)
With DCA, you set an amount that you can buy no matter what.. based your cashflow, not based on the price of BTC.  Accordingly, there is a presumption that in the long run that BTC prices are going to be up higher than your DCA amount... especially if you have a 4-10 year time horizon or longer.

Of the many long-winded discussions related to DCA, for me the sentences in bold are clear, straightforward, simple, easy to understand and beginners will easily interpret DCA as a whole. Buy regularly, and whatever the current Bitcoin price is. Then we will look at the various advantages of each calculation. And you explained it very clearly. Wink

Bitcoin is unquestionable for the DCA method, apart from being tested, with DCA never hearing of anyone losing Bitcoin.