Bitcoin is pushing toward new highs, and the energy in the market is picking up again. But I am wondering is dollar cost averaging (DCA) still the best approach now?
Many people DCA during bear markets when prices are low and fear is high. But with current prices climbing and sentiment shifting toward greed, is it still wise to keep averaging in at regular intervals?
Are you personally continuing your DCA strategy, adjusting your frequency or amounts, or taking a different approach altogether?
Let’s hear how you are thinking about your Bitcoin stacking strategy in this phase of the cycle.
DCA is a powerful disciplined investment strategy and it makes sense to do it when the market is low for bitcoin. You can buy more at lower prices at regular intervals which reduces your average purchase price over the long term. It is also almost impossible to accurately predict when the market will peak DCA takes the pressure off you keep investing whether the market is up or down.