Quote from: Pandu Geddon on Today at 04:01:58 PM

Quote from: fuguebtc on Today at 01:12:15 PM

Quote from: Ever-young on Today at 12:38:02 PM

I also get the point that you are making transaction fee can be very expensive if you add them up together, but let’s also not forget that some people who choose to be making their purchase on a daily basis DCA daily some of them use centralized service to do that they buy on the exchange leave the coins their daily which they don’t need to spend fee until they accumulate up to a certain amount where they can then withdraw and pay only one time transaction fee.

Daily DCA plus using centralized exchanges to store bitcoin will save you transaction fees but you are risking your assets. There is no guarantee that those centralized exchanges won't get hacked or that your account won't get frozen before you withdraw bitcoins to a non-custodial wallet. We should not put ourselves in danger, so I also do not support the idea of daily DCA and using CEX to temporarily store bitcoins.

In short, monthly/weekly/daily DCA each has its own advantages and disadvantages, and depending on each person's circumstances, there will be a suitable choice. We should not impose our thoughts on others when we are not in each other's shoes.

I agree with you. Each person's situation will be different regarding their finances and ability to manage assets. I myself would prefer weekly DCA, I can buy on CEX and withdraw it directly to my wallet. or I will collect funds first and wait for regular purchases every month for a longer period.
What is actually worried about doing daily DCA? I am also sure that the price will not change much, especially in a situation where the price movement tends to be sideways. If the price is very volatile we can take advantage of the situation when it drops but if the market moves sideways for a long time, buying daily on CEX and leaving it there is still risky.

There's no such thing about unlimited funds because if you are really that wanting to have that plans on DCA'ing then you will definitely be choosing up that lowest price as possible on which this will really be your primary target because you cant really be able to buy up Bitcoin on day to day basis on which this will really be that situational because if you do have the money that you can buy on with then you can actually do it but pretty sure that only a few are the ones who do made out to buy up since they are financially capable, but what if you arent? You will definitely be having that main consideration on trying out to buy up when you are seeing that the price is really at the floor. Buying up Bitcoin for long term is a good strategy but average cost will differ when you do enter on different price buybacks on which its understandable