Post
Topic
Board Bitcoin Discussion
Re: DCA method
by
Jewan420
on 21/08/2024, 19:06:34 UTC
People have to definitely praise. DCA is the best strategy that any investor can apply. It doesn’t matter what your income is or how much money you have.

Mate! You seem very excited. There may be debate as to whether DCA is the best strategy or not. DCA strategy is really a very good strategy and it has low risk. But I can question whether DCA is the best strategy or not. I think your income and how much money you own must be considered in any method including the DCA method. When you invest you must have a source of income and investable income. If your income is not investable and if you start investing ignoring that then I can say it will be very difficult almost impossible to make your investment long. You may face losses if you cannot prolong the investment. As an investment strategy, most of the members will suggest you DCA strategy and advise you to invest for long term. In this case, if your income is not suitable for investment, then I think no one will advise you to invest. It doesn't matter how much money you own, but your income does.