Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands
I agree.
DCA saves time and headache but more important, it is more effectively than trading and other investment methods if you take your health benefit into consideration.
DCA saves time and headache but more important, it is more effectively than trading and other investment methods if you take your health benefit into consideration.
I just have a small working on DCA vs LUM SUM Profit.
DCA:
If you invest 100 dollars per week into bitcoin starting from Dec 27, 2019 to Dec 27, 2023. Then your total investment is 20900$ in Bitcoin and ROI after 4 years will be +119% or your total investment goes up to 24870$
LUM SUM investment and HODL:
If you invest total 20900$ in Bitcoin on Dec 27, 2019 and HODL for 4 years then today your ROI will be +505% or investment goes up to 105690$.
https://dcacryptocalculator.com/
Likewise if you go to https://dcacryptocalculator.com/ and play with figures then you will notice that Lum sum investment also gives good result if you are willing to HODL for longer duration.