Quote from: mvdheuvel1983 on September 10, 2023, 04:16:34 PM

Quote from: Macoach on September 08, 2023, 03:50:15 PM

What is your opinion?
And and which method do you prefer to be used in this present market conditions?

I use both strategies. There's no rule in the community that say you cannot use the both of them. It is a matter of convenience.

I dollar cost average monthly and have been doing this and tracking it in an excel spreadsheet since the beginning of 2022.

I also invest lump sums when I offer some services and the client pays in bitcoin. It is not regular.

The goal is not to make profit but to stack as much as possible until I reach my goal and also for the halving happening next year.

I also use that strategy because I agree with you that it is a matter of convenience. But I more often use a DCA strategy where I buy weekly or monthly, depending on my finances. And I also don't force myself if I can't buy Bitcoin this week because finances force me to use the money.

And so far, it has been going well, even though I haven't been able to collect more Bitcoins. But it has worked for me and I am still comfortable using the strategy.

And when I can't buy on a weekly basis due to financial problems, I will try to buy at the lowest price I can get. But if I can't buy Bitcoin at the lowest price, that's okay because I still have a DCA strategy for the following week.