Post
Topic
Board Speculation
Re: Is buying bitcoin everyday a good strategy?
by
Renampun
on 07/03/2025, 18:46:15 UTC
Due to the volatility of bitcoin, there are days when the price of bitcoin skyrockets so high within some hours or within 24 and some days the price also falls drastically and tries to cause panic in the market so i was thinking that won't it be advantageous for someone who chooses to DCA everyday such that he can have the opportunity to buy at DIP prices since the market also experiences short time market fluctuations some days, instead of DCAing weekly or monthly which he can miss DIP prices since before the time of their next DCA, the price must have increased and he keeps buying more at high prices.

If you have a large, stable capital, then do daily DCA.

but I never choose to do daily DCA because my capital is not that big and stable, I prefer to do flexible DCA, I can buy weekly - monthly or when the market is really bearish (like what is happening now). So far, doing DCA routinely (there is definitely a purchase in one month) has made the value of my portfolio assets good and stable, I have not experienced any losses, for long-term holding the DCA concept is highly recommended.