Quote from: Z_MBFM on December 12, 2024, 06:23:31 PM

Not only does the DCA strategy inspire new investments. This is a good strategy for all types of investors. Investing using DCA strategy can reduce the risk a lot and always invest according to one's ability. In this case those who are financially weak can also make some investments. DCA strategy is always able to give very good results. But if one wants to invest together, as there is a lot of risk involved, DCA also has a higher profit potential. So since crypto is very volatile it is always safe to invest according to DCA

I was wondering why the OP is asking this question because if there was to be any strategy out there that should be inspiring to all types of investors and not just the newbies, it has to be the DCA strategy as it gives you an opportunity to buy without having to break your bank.

The one time buying will not be comfortable with many people as they mightn't be ready for that type of risk but DCA gives you control to invest the amount that you want and when you want to.

I don't want to go on adding some benefits of DCA but for those readying this if DCA hasn't inspired you yet then you don't understand what DCA is & how to do it in a way that it won't affect your current finance.

You can start with the least 10% of what you're ending weekly or monthly to invest in Bitcoin and best when you automate the process but remember keeping your Bitcoin in a self custody wallet and not leaving them on the exchanges.