Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
promise444c5
on 03/10/2024, 22:52:48 UTC
I personally prefer weekly DCA for newbies in order to encourage active buying of BTC, yet weekly buying still might not work for everyone, and surely someone who has $2k per month extra is going to be in a more flexible position as compared with someone who might only have $500 per month or even $50 per month extra.. yet decisions about whether to actively invest every week or every month is not ONLY based on their cashflow, yet when the amounts get to be really small, there can also be some issues with fees too.

Well, it's  quite true  and just like i said there's isn't anything actually wrong in buying monthly so far the input is consistent just that I also prefer the weekly compared to the monthly besides I'm also in my accumulation stage and the weekly buying method could improve the efficiency of price entry (though not always but most times it proves it wort) and about the fee I think that could also be put into consideration  but taking 4 inputs/per month shouldn't be to much to pull when the need for consolidation arises... though if compared to single input/address its quite preferrable over 4inputs/month but still there will still be  a need to consolidate  so I think the fee difference shouldn't be too much so far the inputs isn't much.
Quote
Let's try to be more realistic with our example.  Sure there are guys who can choose to invest $500 per week or $2k per month, but more realistically we have guys who might ONLY have $50 to $500 per month to invest, and they might have uncertainties with their cashflow too.
Noted!