Post
Topic
Board Politics and society (Naija)
Re: Our economy, a challenge to DCA plan.
by
Proty
on 28/02/2025, 14:40:57 UTC
It has often been the message that dollar cost averaging is one of the best strategy to invest in Bitcoin but a challenge to dollar cost average for this our country can be the economy making individuals who are interested in investing in Bitcoin not have a stable size of income and forced to invest sizeable amount of money they get occasionally into cryptocurrency trying to cover the gaps of not investing regularly in bitcoin through dollar cost averaging.

Do you agree with me that the economy na challenge to the plan to try invest for bitcoin through DCA?
I quite disagree with you on this, reason being that the money you dey invest for Bitcoin na discretionary income and not money you will be using or needing for your daily expenses and DCA strategy, involve regular accumulation of Bitcoin depending on your source of  income.