Post
Topic
Board Speculation
Re: Is buying bitcoin everyday a good strategy?
by
Fredomago
on 07/04/2025, 02:45:30 UTC
I've never heard of anybody that DCA everyday, it can be exhausting in the sense that the person won't have the time to analyze whether to accumulate more during dip. Weekly or monthly DCA method is better, the investor will have some time to study the market and see opportunities whether to stash more when there is dip. Instead of DCA everyday investors that have excess funds can buy dip everyday until there's a correction. Buying everyday even when price is skyrocketing doesn't make financial sense to me, when price is rallying there is need to take a little break, study the market and decide whether to take a break or continue.
Daily DCA sounds like a mess, with monthly DCA you can easily buy the dip, but daily DCA is like unnecessary and also exhausting.
maybe we can use bot to do that, since exchanges also give DCA feature, but it seems hugely unnecessary to me.

never know people who did this as well, but what I know is, most people who invests in BTC doing it every time they received their salary and allocate certain percent to investment and that investment is bitcoin.
just do it the normal way and it's gonna be better than unnecessarily burden yourself with daily DCA.
If you are not financial organized, it will look like mess to you because you don't have the money to continue buying BTC from the market daily. People that involved in this DCA strategy are those that have source of income, which is not too difficult for them to be buying BTC daily to continue accumulating BTC for future massive profits earning.

But you can decide to make your choice on the strategy to use in buying BTC, either  daily or once in every bear season and hodl for the next bull run before you can sell to earn profit because people are using all those strategies to earn profit whenever they want to sell in the market.

It's true if you have enough funds in each time you decide to buy if the set up is for every day investment then you can continue but if you are limited, better to study deeper and find the right strategy for you. DCA means holding long term and you have that target to hold, it's important not to be bothered by emotions like fear and greed, set your strategy accordingly and be profitable whatever plan you've got in the long run.