Post
Topic
Board Speculation
Re: Is buying bitcoin everyday a good strategy?
by
Jewan420
on 12/04/2025, 17:53:39 UTC
Actually depends on the purchasing power and of course a little bit mix of strategic purchasing whether you do buy on everyday or would be buying on bulk once the market dips? Trying out to make up some calculations then potential profit could be known but in overall everything do share up with the same goal is to have that profits whenever the market do make out some bullish run. In speaking about personal point of view or perspective when it comes on buying up Bitcoin on everyday then it will be that up to you because its your money to be invested on in the first place and not from other people. Speaking about strategy then the most ideal will be having that DCA at the moment that the market do make out some dips or corrections on which you can be able to maximize profits with that kind of decision but still not that bad on buying up on everyday if you do like to have this kind of strategy on which it will be literally depending or according into your preference.
In terms of investment, how often you buy depends on your personal desire and ability. If you have the ability to buy every day and want to buy every day, then you can definitely buy every day, no one will stop you. From my side, I would discourage you from buying every day and paying transaction fees repeatedly and increasing your expenses. If you calculate the amount of transaction fees that you will spend as a result of buying every day, you may find a large portfolio at the end of the year.

It is good to be consistent in investing and enter at the moment of market reversal, but you have to take the steps wisely. I can call your strategy a DCA strategy, but compared to daily DCA, you can use weekly DCA, it is more cost-effective than daily DCA and is effective in entering at all moments of the market