Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
BABY SHOES
on 11/09/2023, 20:47:02 UTC
⭐ Merited by JayJuanGee (1)
Ongoing, persistent and consistent DCA seems to be best for people who are in their earliest of days in their BTC accumulation journey, and even if you have been DCA buying on a weekly basis for 1 or 2 years, it can take a long time to build up your overall BTC portfolio size if you are ONLY able to accumulate between $15 to $25 of BTC per week and furthermore, it can be difficult to save money on the side in order to be able to lump sum, especially if the  $15 to $25 of BTC per week amounts that you are buying are really hard to divide  up or to hold some value on the side.
I'm a few months into my initial BTC accumulation journey but I'm still persevering in this way.

I do not intend for 1 or 2 years but want to be longer at least 5 years and above so that the results are greater in the accumulation, maybe my initial journey is in the range of $15 and $25 every week but over time it will definitely increase and the level of DCA size per week will increase even more if I get some other sources of income, this is being tried and learned to increase the income in order to grow a larger DCA portfolio.