Post
Topic
Board Speculation
Re: Best time to buy BTC NOW?
by
erep
on 16/02/2024, 22:17:06 UTC
I think it's okay to make regular purchases every month, rather than just buying all at once with all your money,
The DCA method or all in method has its own advantages and disadvantages.
but the dca method can be said to be safer.
Actually, other methods besides DCA also have their own security, but sometimes they are more burdensome when someone wants to do it. Because methods like DCA are usually a little easier and not so burdensome when someone wants to do it every month even though basically they have to use capital when they want to buy it. However, the DCA method can always be tricked with our own abilities, which basically don't have to be in large quantities.
If we use an investment strategy other than DCA, it will be very burdensome for financial use because you allocate all of the budget or most of the budget only for investment, but the DCA strategy is the most effective to use for an investment strategy because you only use funds from the budget or income for regular investment. You can invest every week or every month depending on your budget, but make sure we don't invest all of our monthly budget because we need it for routine needs and also need to save regularly monthly for emergency needs.