Post
Topic
Board Bitcoin Discussion
Re: DCA method
by
nullama
on 18/09/2024, 09:53:36 UTC
~snip~
DCA is a very popular strategy among all investors these days. By adopting this strategy we can buy bitcoin consistently at a fixed price in any market situation. The bottom line is that investing in this method means you don't have to worry about any market conditions as you can buy bitcoins at any moment with the funds you have. DCAing is easy for everyone to invest in as you can make bitcoins in small chunks weekly or monthly as per your ability. Since In this system, investors invest in small amounts of Bitcoins so that if held for a long time, it will grow in size, meaning you will have a lot of Bitcoins.

Sure, but what if you instead of simply buying a small amount many times buy a large chunk right now?

You would be saving in fees that exchanges make at least, that's a win.

And the thing is that no one knows what the future price will be so you can win more or less the same anyway compared to DCA.

I guess putting a name to it, DCA, makes it sound scientific or something. It's just buying a bit frequently. That's all.