Post
Topic
Board Beginners & Help
Re: Why DCA instead of BCA?
by
God Of Thunder
on 27/02/2025, 10:11:46 UTC
I don't know how stupid this may sound, but why do we say dollar cost averaging, DCA, instead of Satoshi cost averaging, SCA or Bitcoin cost averaging, BCA?  
Why DCA, instead of BCA?

Of course, this is stupid. Because when you invest your money in Bitcoin, you calculate that in Dollars. Let's say your Bitcoin is at 85K USD today. Why do we even say that? Can't we say Bitcoin is worth 100 million satoshi today? We can't, because it will always remain 100 million satoshi. If you do not count in USD, how else do you want to keep track of how much you invested? In Bitcoin? Do it if you are stupid. But please do not ask people why don't they follow what you are trying to follow. When you buy 0.1 BTC, it is 0.1 BTC. If you do not count it in dollars, how would you know how much profit you make when you sell your Bitcoin?