Post
Topic
Board Bitcoin Discussion
Re: DCA'ing isnt a bad strategy
by
blockman
on 17/09/2023, 14:57:30 UTC
No problem if you want a lump sum type of investing or DCA type. As long as you can afford to invest in any amount you're totally fine, there's nothing with it. The mere fact that you're thinking of a strategy for what should be your investment approach makes sense already.
Either of the two works perfectly for anybody. So, you only have to choose what's gonna work best for you.

Trading is hard and requires not only experience but something in you that not everyone has.
It requires patience and better decision-making. If you're okay to lose that, you don't need any of those but no trader wants to lose so, that's why it is a serious matter that needs to be precise when you do your trades.

And trying to find the best time to buy Bitcoin might take your time, nerves and sometimes you might even lose the best price because you're waiting for the better one.
It will take our time because we're waiting for the most decent price that we think is best and fits our thoughts for being low and best time to buy.