Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: DCA method
by
sheenshane
on 09/10/2023, 23:13:42 UTC
⭐ Merited by JayJuanGee (1)
DCA is actually good but I think you shouldn't forget the downside of it.
It could be DCA may result in higher cumulative transaction costs over time compared to a big sum investment in a time.

This is really good for a long-term accumulation of Bitcoin, DCA can be an effective way to accumulate Bitcoin over several years.  But if you think in a short period of time, forget the DCA option.  Because when we say a low-income earner, it should be always a priority in our daily/necessary needs, and only invest what we can afford.